macro investing

Erik Townsend welcomes geologist and energy industry consultant Art Berman to MacroVoices. Erik and Art discuss:

• The crude oil backstory and the current oversupply
• The likelihood of a future production cut from OPEC
• Middle Eastern politics and how they will affect future oil prices
• EIA/IEA and other government agency statistics - Are they reliable?
• Oil storage considerations and the importance of Cushing, OK - How close are we to capacity?
• The Baker Hughes Rig Count - Does it matter?
• Iran and their ongoing production increases
• The US shale patch operators and their associated junk bonds - What is the chance of widespread default?
• Production decline rates for US shale producers
• Libya’s potential to affect this market - ISIS standing in the way?
• Identifying a bottom in the oil market and a whole lot more…

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Erik Townsend welcomes Jim Rickards to MacroVoices. Erik and Jim discuss:

• Gold as a currency, rather than an investment, because "earning yield requires taking risk"

• The USD rally and the Fed’s influence on its ability to continue

• The difference between a central bank’s ability to cure inflation, vs. curing deflation

• The possibilities of confiscation, taxation, and NIRP and their effects on the relative attractiveness of Gold

• The Fed first tightening into weakness, and now turning more dovish after a market correction in early 2016

• The reasons why governments can’t tolerate inflation

• Gold as a potential hedge against deflation, as well as inflation

• How QE actually functions, and why we’ve seen so little effect on the real economy

• What the next form of stimulus may look like, and how it may affect the outlook on Gold

• The necessity for structural solutions, not monetary solutions, to structural problems

• What an increase in institutional holdings of Gold would mean for price, and plenty more...

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Erik Townsend welcomes Rick Rule to MacroVoices. Erik and Rick discuss:

• Rick’s general thesis on precious metals and how they differ from other natural resources

• The relative predictability of commodities due to their cyclicality

• The spectacular returns available to investors who can be brave when others are fearful

• The value of contrarian information when markets are out of favor

• The value of private placement and P.I.P.E. investments

• Rick’s personal investment strategies at the current time

• The dangers and importance of identifying conflicts of interest in investing

• The resources available to investors to help them protect themselves against frauds

• Erik and Art Berman bring us up to speed on the US crude oil inventory situation, and what fundamental factors may have changed moving the market still higher

• Art warns that this rally may have been about the market pricing in looming supply risks, and more...

• Register for free at the top of this page to have Art's powerpoint presentation sent to you by email

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