Tom welcomes back the ever eloquent Tim Price from Price Value Partners for a jaw-dropping interview. Tim critically examines global institutions such as the Davos Club and a certain UN Health Organization. He expresses unease about global policies that may potentially marginalize farming and fishing in order to mitigate ecological damage. He disapproves of unelected individuals influencing significant global health and economic strategies and encourages skepticism towards the mainstream media for perpetuating unchecked influence over these areas. Price also identifies a growing trend toward skepticism of global forums, notably through an editorial in the Financial Times questioning the relevance of Davos. He ends by cautioning against "philanthropaths" who amass wealth under the guise of charity and urges for increased understanding of their motivations. Tim highlights the value of debate and continuous dialogue in resolving polarized arguments. Individuals should aim to arouse introspection in their interlocutors rather than impose personal beliefs. Understanding can create gradual changes in viewpoints over time. Price draws parallels between the current credit and debt system and historical failures of such systems. He views Davos as the emblem of big state command economy systems — a form of crony capitalism, not genuine free market capitalism. He suggests teaching classic economics as a buffer against economic downfalls. Price points to economic uncertainties and volatility in various countries, taking Japan as an instance of a resilient economy that weathered two depressions on a par with America's Great Depression, maintained lower unemployment levels and a sustained GDP. He raises the question of whether Western economies could cope with similar situations. He also underlines ongoing unrest in currencies, the bond market, and the intensifying inflation. Tim criticizes the problematic Keynesian economic model and government interventions in economic systems, proving them incapable of controlling intricate economic operations. Tim discusses his book "The War on Cash" and advises strengthening ties with local businesses and limiting dependency on credit cards and any form of central bank digital currencies, promoting the use of cash transactions. As an example of an uprising against the current system, he notices the increasing number of protesting farmers, reaffirming the relevancy of his book's fundamental message today. Time Stamp References: 0:00 - Introduction 0:37 - Argentina & Ecocide 4:36 - Vandals & Philanthropaths 7:12 - Western Suicidal Ideation 11:49 - Conversations & Questions 13:50 - Gov't Out of Education 18:12 - Truth & Perspective 22:29 - Davos & Javier Milei 27:10 - Broken Window Fallacy 30:09 - Debt Creation Math 34:07 - Inflation is a Policy 35:30 - Order of Collapse? 39:48 - Inflation Comparisons 42:27 - Keynesian Economics 46:28 - Tim's Book - War On Cash 50:22 - U.K. Postal Scandal 53:08 - Clarkson's Small Farm 55:21 - Worse Worsening 57:05 - Wrap Up Talking Points From This Episode - Tim Price criticizes global institutions and policies that affect farming and fishing, urging a deeper analysis of their impacts. - Tim believes the idea that government should be involved in any way with education. - Price calls for skepticism of the debt-based monetary system and questions its sustainability against the rising global debt burden. Guest Links: Twitter: https://twitter.com/TimPrice1969 Website: https://www.pricevaluepartners.com/ War On Cash: https://www.pricevaluepartners.com/war-on-cash/ Articles: https://www.pricevaluepartners.com/commentary Tim's Podcast: https://www.podbean.com/podcast-detail/r42pj-5ec16/State-of-the-Markets-Podcast Tim's Podcast: https://open.spotify.com/show/1T69Xe0EJ4n0gOO4RD9qv0 Podcast Episode Mentioned: https://open.spotify.com/episode/2y3fkSYmMNxpa7eNE13PIr Tim's Book: War on Cash (Amazon): http://tinyurl.com/kkmh6cx6 War on Cash (Free PDF): https://www.pricevaluepartners.com/war-on-cash/ Book Recommendations: 180 Degrees (Amazon): http://tinyurl.com/3vjvpnud Mises Link - 40 Centuries of Wage and Price Control: http://tinyurl.com/4e5cewc7 The Origin of Wealth - Eric Beinhocker: http://tinyurl.com/5n7652a4 Tim Price has worked in the capital markets for over 30 years. A graduate of Christ Church, Oxford, he spent a decade as a bond specialist before going on to serve as Chief Investment Officer at three separate wealth management firms. Tim has been shortlisted for five successive years in the UK Private Asset Managers Awards program and was a winner in 2005 in the category of Defensive Investing. He is now co-manager of the VT Price Value Portfolio, a fund investing in Benjamin Graham-style value stocks, and specialist value funds, from around the world. He also co-manages bespoke private client portfolios. ... https://www.youtube.com/watch?v=Fnw6Zn8oq9o

Tom welcomes back Jeffrey Christian Managing Partner of the CPM Group to discuss their latest report on gold and why the world is shifting towards higher gold prices. To subscribe to our newsletter and get notified of new shows, please visit http://palisadesradio.ca Jeffrey discusses gold's recent performance and why he expects inflation will keep the price up. He expects the geopolitical situation with Ukraine to largely be resolved by the second half of this year. He remains bullish on gold because the world is facing numerous issues. Jeff discusses some of what he calls strange beliefs around gold. Many believe the price should be much higher despite having few good solid reasons for that belief. When various commodities are compared against the gold you see that gold is operating in the expected price range. The gold market is fairly complex with Central banks being a large factor along with banks and big firms having a short-term effect on prices. Central banks tend to have no time horizon on their holdings. While retail investors often have a larger effect on price due to volume and the sheer number of participants. Their yearbook compares and contrasts the price of gold with Fed rates and commodities and inflation rates. He expects interest rates to rise to the three percent level and that inflation will contract. He doesn't expect rate hikes to hurt the economy. Food prices are going to be elevated for at least a year. This is due to the conflict in Ukraine and the sanctions imposed on Russia impacting grain and fertilizer supply. Jeff expects another recession between 2024 and 2026. They are bullish on platinum in the long term while bearish on palladium. There seems to be a shift back to platinum in the automobile market. Jeff discusses the Rubles drop and recovery and how they set a floor on gold for internal purchases within Russia. Much of the Ruble's move is due to Gasprom bank purchasing rubles with Euros in the market. Jeffrey discusses the United States auditing process for their gold holdings work. Much of that gold has been sealed in vaults and drums. The audits regularly verify these seals. Jeff argues against the idea that America's gold has been secretly leased or rehypothecated. Time Stamp References: 0:00 - Introduction 0:33 - Gold Yearbook Review 4:49 - Expectation Management 11:29 - Investment Drivers 15:32 - Fed Funds & Gold Price 19:23 - Fed Rate Hikes 20:55 - China & Global Economics 24:21 - CPI & Rate of Change 33:35 - Ukraine & Food Inflation 36:50 - Energy Market Imports 37:43 - Yield Curve & Recession 42:18 - Platinum Metals 45:28 - Russia's Misconceptions 50:38 - Reserve Currencies? 54:14 - Reported Gold Holdings 1:00:13 - U.S. Gold Audits? 1:07:35 - Rehypothecation? 1:10:13 - Wrap Up Talking Points F ... https://www.youtube.com/watch?v=gUVkX_ovJtk

To subscribe to our newsletter and get notified of new shows, please visit http://palisaderadio.com Gwen discusses the reasons why the gold bear market has ended and how it is different from what most investors anticipated. Global currencies are in a race to the bottom as countries compete for trade, and central banks continue to cut interest rates. Today's investors are uncertain, and they are looking for a new "safe haven," and that is likely to be gold. Bond markets are in an extraordinary place today, as low-risk money can no longer find returns. This paradigm shift has resulted in a lot of this money seeking gains from stock markets. However, risks are rising, and a recession may be looming. Gold is standing out in this environment. Time Stamp References: 0:40 - Reasons for the end of the gold bear market. 4:00 - Investor sentiment at conferences. 10:00 - Bond rates vs gold. 15:00 - Recommended books. 19:00 - Other precious metals and new conference. #PalisadeRadio #GwenPreston #Mining #GoldPrice #GoldStocks #Gold ... https://www.youtube.com/watch?v=M54bIQgkkXk

To subscribe to our newsletter and get notified of new shows, please visit http://palisadesradio.ca Tom welcomes Lawrence Lepard of Equity Management Associates back to the show. Lawrence argues that the system has failed due to unsound money, and an immediate restructuring would be preferable. The alternative may be dragging the process out for the next twenty years. He explains the differences between today and 2008 and why we haven't seen much increase in money velocity. Bonds today are poorly bid, and the treasury has moved to the short end of the bond market. The monetary plumbing convolutes most investor's understanding, but it all comes down to printing money. There is too much debt, and further debt no longer has any effect on the economy. The choice is to default or restructure or inflate your way out. Politically, they will most likely choose to inflate these problems away. Lawrence discusses how Germany successfully restructured its economy before WWII, although the direction they went politically afterward was unfortunate. He believes unrest will drive political change, and that will force real solutions. He thinks we're approaching a tipping point with the population where sound money becomes a self-sustaining system of adoption. Lawrence likes bitcoin but has some concerns about its volatility. He discusses mining stocks, their risks, and the different reasons why they can outperform. Time Stamp References 0:00 - Intro 0:31 - Election & Civil Unrest 10:28 - Crisis Today vs. 2008 14:14 - Fixing a Broken System 16:08 - Weimar Germany 22:52 - FED & Judy Shelton 26:11 - Gold & Bitcoin 30:23 - PM Bubble Coming? 33:42 - Evaluating Opportunities 42:00 - Jurisdictions & Risks 45:48 - Wrap Up Talking Points From This Episode - The need to return to sound money. - Expect massive stimulus. - Inflation seems politically inevitable. - Mining stocks and jurisdictions. Guest Links: Newsletter: http://eepurl.com/gOf1dT Website: http://www.ema2.com Twitter: https://twitter.com/LawrenceLepard Book Recommendations - Weimar Germany: The Great Inflation by William Guttmann and Patricia Meehan The Mandibles: A Family, 2029-2047 by Lionel Shriver Lawrence W. Lepard is the Founder and Managing Partner of Equity Management Associates. He has spent his entire 38-year career as an investor, principally focusing on venture capital opportunities. Before co-founding EMA, Mr. Lepard spent 13 years at Geocapital Partners in Fort Lee, NJ. There he was one of two Managing General Partners and was responsible for several venture capital funds. Before Geocapital, Mr. Lepard spent seven years at Summit Partners in Boston and California. Mr. Lepard received his BA in Economics from Colgate University, and he received an MBA with Academic Distinction from Harv ... https://www.youtube.com/watch?v=XzydGeML6Vw