Submitted by QTR's Fringe Finance
This week my kind friends at Palisades Gold Radio, one of my favorite podcasts, invited me on for an interview. In this hour long interview with my friend Tom Bodrovics, we covered tons of topics including:
Fitch’s downgrade of U.S. debt, and how pathetic it is that nobody in the industry is paying attention to it
The reasons for the downgrade: that both monetary and fiscal policy in the U.S. are spinning out of control
How the American public was lied to about ivermectin, among other things Covid-related
The role of the mainstream media in perpetuating false narratives
China, IP theft and a potential invasion of Taiwan
Michael Burry’s recent purchase of put options on the market
Why the game theory of market psychology won’t matter when the fundamentals eventually take hold, which shouldn’t be long
Why we can’t believe everything we are told by media and must think for ourselves
The coming demise of the U.S. dollar empire
Tom is a private investor from western Canada with a background in oil and gas. In 2014 he identified the top of the housing cycle and sold his home to invest in the junior resource sector. He gained a libertarian and contrarian perspective in 2013 when he attended an entrepreneurship course in Europe and has been studying markets of all types ever since. He operates a successful business servicing the oil and gas sector in Alberta and is the host of Palisades Radio.
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Here is the interview, which is about 90 minutes in length:
Time Stamp References:
0:00 - Introduction
0:33 - Inflation & the Fed
7:43 - Fitch Credit Rating
16:37 - The Confidence Map
20:00 - Michael Burry Puts
23:30 - Bad News is Good
26:40 - The Equity Bull Case
28:00 - Chinese Credit Crunch
34:07 - Collapsing Narratives
49:37 - Analysis & Perspectives
55:30 - Perspectives & Censorship
56:17 - Predictive Wrap Up
QTR’s Disclaimer: I am not a guru or an expert. I am an idiot writing a blog and often get things wrong and lose money. I do not fact check contributor material that I aggregate from other sources. I may own or transact in any names mentioned in this piece at any time without warning and generally trade like a degenerate psychopath. This is not a recommendation to buy or sell any stocks or securities or any asset class - just my opinions of me and my guests. I often lose money on positions I trade/invest in and I’m sure have lost more than I’ve made in my time in markets. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. Positions can change immediately as soon as I publish this, with or without notice. You are on your own. Do not make decisions based on my blog. I exist on the fringe. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. Also, I just straight up get shit wrong a lot. I mention it three times because it’s that important.
