Palisades Gold Radio

In this episode, your host Tom Bodrovics invites back Don Durrett, author, investor, and founder of Goldstockdata.com, to discuss the economic conditions shaping gold’s performance. Don highlights the U.S.’s weakening economy and global uncertainty as catalysts for gold’s growth. He believes that a floor for gold exists at $2,200 due to its inverse relationship with the economy.

Don touches upon the Federal Reserve’s challenges in managing inflation and interest rates, pointing to unprecedented debt levels. He voices concerns about the reliability of economic data, questioning their accuracy and suggesting consumer spending might be weake...

Tom welcomes back Nick Giambruno, founder of The Financial Underground and editor-in-chief of its premium investment research publication. Nick criticizes central planning and the Fed’s role in managing inflation, arguing that central banks, cannot effectively manage interest rates due to their antithesis to free markets.

Giambruno deemed the steepest rate-hiking cycle by the Fed to combat decades-high inflation futile because raising rates to a level impacting inflation would bankrupt the US government. He considers claims of victory over inflation propaganda, as essential prices like electricity bills and food hadn’t reached pre-pandemic levels.

Nick touc...

Tom welcomes back the Managing Partner of the CPM Group, Jeffrey Christian to discuss the Fed, Gold and the current economic realities of U.S. and the globe. Jeff shares his views on the Fed aiming for a long-term inflation average of around 2%, with fluctuations accepted between 1.3% and 2.8%. He asserts that while the target remains unchanged, the Fed is being more explicit about it. He speculates on the reasons why inflation is “acceptable” to the Fed.

Jeffrey discusses the likely September interest rate reduction and potential surprises. He anticipates a quarter-point decrease followed by further evaluations in Nove...

Tom welcomes back, Parallel Mike. Mike is the host of the Parallel Systems Broadcast on YouTube where he shares finance, geopolitics and personal liberty content. The conversation begins with a thought-provoking discussion about the global ramifications of the United States’ current monetary and fiscal instability. As the world’s leading power with its reserve currency, military might, and cultural influence, American financial or fiscal upheaval could ignite kinetic, cyber, and psychological conflicts worldwide.

Mike elucidates the intricate relationships between national power structures and influential financial entities. He issues a grave warning concerning the potential consequences if America face...

Tom Bodrovics welcomes back Doomberg, author of the Doomberg Substack, for a discussion on the science hype cycle and its impact on investments. The science hype cycle refers to the persistent overhyping of scientific innovations, such as solid state batteries, fusion, room temperature superconductors, and cancer cures, which often take decades to materialize. Despite progress, solid state batteries face inherent challenges due to safety concerns and complexity. Samsung’s recent announcement of a silver-intensive solid state battery may boost silver demand but diminishes its near-term relevance for investors.

Next, the conversation shifts to the automobile industry, focusing on...

Tom welcomes Garrett Goggin, a seasoned financial analyst with expertise in trading and a strong emphasis on alternative assets like gold and silver. Goggin expresses his views on the current economic climate marked by the U.S. dollar’s value erosion due to inflation and escalating debt. He regards gold and silver as reliable stores of value for future decades.

Goggin further explores the significance of the yield curve inversion, which he believes signals an impending recession and market correction. In past instances, gold has doubled in value following a yield curve inversion and a subsequent recession. He...

Tom welcomes back economist John Williams, the founder of Shadow Government Statistics to explore the manipulation and misrepresentation of economic data by government institutions like the Fed and Treasury. Williams expresses concerns over the intentional distortion of inflation and GDP statistics, which can deceive the public and impact their decisions, potentially harming the economy and markets. A notable example is the strategic petroleum reserve being drained to artificially lower gasoline prices before elections. Accurate data, Williams asserts, is vital for informed policymaking and avoiding exacerbated economic issues.

Inaccurate inflation statistics are in part leading to financial hardships...

Tom Bodrovics welcomes back David Haggith, author of the Daily Doom Substack. The conversation centers around the current economic situation in the U.S. and repercussions on the Federal Reserve policies. Last summer, David predicted continued inflationary pressures from factors like housing costs with a one-year lag time, oil prices, and producer prices. Despite the Fed’s potential intentions to cut interest rates, David cautions about the possibility of another inflation spike, compelling the Fed to reconsider their decision.

David argues that markets misjudged the Federal Reserve’s stance on interest rates based on ambiguous comments from Chai...

Tom welcomes back David Brady, a former money manager, Sprott Money contributor, advisor to 4779 Capital, and Substack publisher. Brady shares his perspective on the current state of markets versus the economy using his Five Pest process. He expresses his belief that a stock market crash is inevitable, with the S&P 500 potentially reaching around 1000. Brady warns that the Federal Reserve will likely intervene to prevent a major market drop and discusses his expectations for bonds, currencies, commodities, Bitcoin, gold, and silver markets.

Brady believes both gold and silver have been correlated recently but notes a disconnect with...

Tom welcomes back experienced investment professional David Hunter of Contrarian Macro Advisors.

Talking Points From This Episode

The coming global bust and why inflation will persist. We’re in the last decade of a forty plus year supercycle. His thoughts on bonds during and after the bust.

Time Stamp References:
0:00 – Introduction
0:58 – Feds Outlook & Markets
6:41 – Fed Vs Bond Markets
10:46 – Market Thesis Ahead
19:45 – FOMO or Fed Policy
22:56 – After Targets & 2025
26:46 – Feds Response to Bust
33:47 – Trillions & Inflation
42:18 – Hedges & Precious Metals?
46:48 – During/After the Bust
51:27 – End of Bond Markets?
55:00 – Remonetizin...