Max Wiethe VIsionary: Journalist

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Editor

This week's Commodities Exchange video of the week is from the Plus Tier and is an interview I conducted with Mish Schneider. Mish is a technical analyst with decades of experience as a floor trader in the commodity pits. For most of 2020 she has been making the case for stagflation and rising agricultural commodity prices and she has nailed it thus far. In this interview she updates her outlooks for ag commodities and many other asset classes. She specifically lists the commodities she is long in the futures market but also gives an ETF play ($DBA) with key risk levels and price targets. Mish is always one of my favorite guests to interview because she brings actionable ideas, and is also just a wonderful person. She has even taken to calling me her muse as the ideas she brings out in our interviews have worked out so well. She is extremely helpful on Twitter and if you have any questions I'm sure she'd be happy to answer. Her handle is @marketminute. You can find my full interview with Mish and her chart deck here:

 http://rvtv.io/vow_comm_003

This week's Precious Metals exchange video of the week is not actually from this week. Not every exchange topic is covered explicitly on Real Vision on a weekly basis and so I will sometimes go back to find a video that I know not everyone has seen. This video has been viewed by less than 20% of the audience. The reason I'm picking this video is for one specific quote which can be found at 42:15 mark...

"I bought gold for the first time in my life a week ago. I understand the case for gold. We're on the way to some banana republic situation. Nobody's worrying about the debt that's being created. I'm focused on who pays for the party when the partyis over? As I mentioned before, it took 244 years to go from zero national debt to 21 trillion, that's going up at $4 trillion, maybe $5 trillion this year. What about next year?"

When people with decades of experience who have been ignoring or ridiculing precious metals for years say the time is now it means one of two things: 1) Pile in or 2) Get the hell out. I'm not sure which one it will be but personally I'm betting on number 1. You can find @Edward Harrison interview with Leon Cooperman here: 
 

http://rvtv.io/vow_pm_003

I just finished editing a piece with Kiril and Raoul where Kiril expands on his outlook for gold. It has me looking at my portfolio and feeling underweight and I'm over 35% allocated. The quote of the piece and the title I will probably run with is "The End Game is in Sight"

This week's Precious Metals exchange video of the week was my interview with Ronald-Peter Stoeferle. His fund Incrementum does a massive annual report called "In Gold We Trust" that is available to Plus and Pro members. This report has over 350 pages of analysis on gold, silver, miners, and the macro environment supporting these assets. In my interview we examined his thesis and and went through some of his favorite charts from the report. This was the second video in a new trend we are trying with a report being put out and then followed up by an RV Live interview and Q&A with the author. Ronni's views are mostly long term so if you are looking for an answer to how gold will end the year you won't find it here, but if you are GODLER (let me know if this phrase has been used before and if not... TM) then this report and subsequent interview are for you. 

You can find the interview here: http://rvtv.io/vow_pm_002
 

This week's commodities video of the week was an easy choice as it was the only coverage we had that wasn't precious metals. It was my interview with Shawn Hackett of Hackett Advisors. I brought him on after posting a poll in this channel which received an overwhelming response to YES bring Shawn back. Shawn is focussed on helping farmers, end users, and speculators make smart decisions around timing of sales and planting. He has great coverage of the broad ag space but this video was focussed on how he thinks about weather and climate in the long term affecting the space. His methods are unorthodox but he has many happy clients which at the end of the day is enough for me to entertain an idea. Although the interview focusses on longer term trends he also gives some shorter term outlooks and different views on how regional farmland prices could change if his predictions come to fruition. As well as this video he provided a report that outlines his views. 

You can find the video here: http://rvtv.io/vow_comm_002