1,139
EditorDo you have questions for Max Wiethe?
Log in to ask Max Wiethe questions publicly or anonymously.
Shawn Hackett will be returning to Real Vision live on Jan 19th at 12PM ET to discuss his short to medium term outlook for ag commodities. He is bullish, but not for the inflationary reasons that many are focussed on. He covers it pretty well in this report available to Plus members.
It differs quite a bit from his last appearance which was focussed more on how he sees weather and climate developing long term. He is more focussed on the current and near future outlook for supply and demand, for which he believes supply disruption and not monetary forces will be the key driver of higher ag prices.
This week's precious metals exchange video of the week features Sam Zell and Kiril Sokoloff. Although this video is hardly devoted to precious metals it is notable that Sam Zell says that for the first time in his incredible investing career he has found himself buying gold. He even remarks that he used to make fun of people who bought gold but now has found himself on the other side of the table. He says he has bought both physical gold which he has in vaults and also gold mining equities. There are many famous investors dipping their toes into both gold an bitcoin for the first time and you can add Sam Zell to that increasingly long and impressive list.
YOU CAN WATCH THE VIDEO HERE
This week's commodities exchange video of the week is my interview with Adam Rodman and Arthur Hayes. We are discussing uranium and nuclear energy both in the short term and long term. Uranium stocks have moved a lot recently and there have been many stories in the news and they update viewers on those recent events while also trying to remind everyone that their thesis is not a short term one and can be seen as a trade on ESG inclusion. At the moment most ESG frameworks do not include uranium or nuclear but they argue in order to hit the green energy and emissions targets that many have signed up for, nuclear energy will soon be a necessary part of green energy transition plans. I'd like to highlight they do not discuss any individual names in the space.
PLUS AND PRO MEMBERS CAN WATCH IT HERE
This week's precious metals exchange video of the week is a Daily Briefing episode from Tuesday with Ash and Peter Boockvar. Peter is a long time Real Vision favorite who has often made the case for owning gold. In this interview he is less focussed on gold itself and more focussed on the potential for inflationary environment which obviously would be tailwind for gold.
YOU CAN WATCH THE INTERVIEW HERE
This week's video is Ed's interview with Howard Klein making the bull case for investing in lithium.
You can watch the full interview here
Mike Green has now done 3 interviews that touched on China. Two with arguably pro-China guests (Grantham and Gave) and another with a decidedly anti-China guest (Dr. Ward). In each case it felt like many more people in the audience had already made up their mind compared with say the inflation/deflation debate. The same can be said of other hot-button issues like COVID and climate change. I have a view on all of these issues and want to be able to discuss but the discourse and comments around these subjects feels different relative to other topics like say the direction of the dollar or yields.
As with this week's precious metals exchange video of the week the commodities exchange video of the week is from the archives. I was actually inspired to pick this one because Chammath was on Real Vision today. If you follow him on twitter he has been posting about $MP and the rare earth metals trend that he is betting on with his purchase of $MP. It reminded me about this video where we examine the tailwinds and the headwinds for rare earth metals industry, plus the interesting geopolitical aspects, namely that supply of rare earth metals is almost exclusively controlled by China. If you are very in to rare earths this might not be the most in the weeds deep dive you have ever seen but it does give a great overview and you even get to see on the ground at $MP.
YOU CAN WATCH THE VIDEO HERE
Post
Precious Metals
This week's precious metals exchange video of the week is an older video. We didn't have too much explicit precious metals coverage but what has been happening in the market reminded me of this conversation I had with Warren Irwin. Pessimism is building and much of the focus has shifted over to bitcoin. At least for those that aren't diehard GODLers. One of the things that Warren talks about in this video is how he goes about determining whether we are in a bear market and the signals that the party may be coming to an end. At least to me I haven't seen this yet and although I did trim some positions in my miners a while back I've added to others and when bullish trend confirmation is validated by price I'll really start adding. This discussion touches on a lot more than the factors surrounding determining bull and bear market but overall it is very evergreen and Warren is one of the most accomplished PM investors of all time.
YOU CAN WATCH THE INTERVIEW HERE
