On Friday I had
back on the podcast, and this time we got into some of the individual names he likes in several different sectors. We talked about oil, uranium, and other commodities, but we also got into several other things that fly under the radar in other markets around the world. At the end of the podcast, I was able to get John going on the state of the world as far as geopolitics and current events. It was fun to go back and forth with him, because the political section of his weekly updates are my favorite part. You can find John on Substack below, and on Twitter.
Podcast Summary
The lousy sentiment in oil, and where he is positioned for what he sees coming over the next several years.
We talked a bit about some of the Canadian energy names and their long lived assets, and why he thinks the Canadian energy sector will continue to consolidate.
Opportunities in offshore oil services outside of the main offshore drillers.
Going past peak ESG, the bottlenecks in uranium, a couple different ideas he’s looking at in that sector, and why that sector is ripe for consolidation as well.
The role of gold in the financial end game and a couple mining companies he likes.
Why he thinks it’s an interesting time to start looking at some of the juniors, as well as some opportunities in the royalty sector.
Why silver, platinum, and palladium are going to play catch up to gold.
The financialized economy, the underinvestment in the commodities sector, and his view on gold to oil.
His thoughts on coal, copper, and tin.
Why he’s starting to look into agricultural and fertilizer stocks.
Other places he sees value, like South America, European banks and other obscure ideas in Europe, and under the radar opportunities in China and Hong Kong.
We also went back and forth at the end on geopolitics, US politics, and the state of the world, and why he expects more chaos and volatility around the world over the next several years.
Note: we recorded on Friday, before the US hit three Iranian nuclear sites yesterday.
Book Recommendation: Shareholder Yield by Meb Faber.
