Yesterday I had both halves of Gold Goats n’ Guns on the podcast for round 2. Tom Luongo and Dexter White returned to the podcast to talk about the situation in the Middle East, the setup for oil, global bond markets, and precious metals, as well as other domestic issues here in the US. We also talked about the media and social media environment, Russia and Ukraine, and several other issues. You can find Tom on Twitter and his podcast at Gold, Goats n’ Guns. You can also find Dexter on Twitter.
Podcast Summary
Why people are overreacting to Section 219 of the NDAA.
How the media environment is like trying to decipher a game a telephone with various nefarious actors trying to put their agenda into the narrative.
The situation in the Middle East and the end of the ceasefire, and their best guess on how it plays out.
How changes in OPEC and the US as the world’s largest oil exporter change the situation for oil.
Russia and Ukraine, reduced Russian refining capacity, and how Europe is involved.
Their view on the different global bond markets and what Warsh will do in coming months.
Their view on precious metals, the AI investment cycle, and why data centers are only required for inference, not ongoing usage of existing models.
Why Dexter doesn’t think OpenAI will be able to IPO this year.
Lindsey Graham, Mitch McConnell, and the midterms.
The problems with the Supreme Court, and the issues with the birthright citizenship ruling.
Book Recommendations: The Age of Surveillance Capitalism by Shoshana Zuboff & Fed Up by Danielle DiMartino Booth.
