WTFinance
Major Currencies Are Headed for a Reckoning | Lyn Alden
updated
On this episode of the WTFinance podcast I had the pleasure of welcoming back Rick Rule. Rick is the Former President & CEO of Sprott U.S. Holdings with decades of experience in the commodities business.
During our conversation we spoke about his current outlook, job revisions, foreign direct investment, why an economic reckoning could be caused by a "dishonest default", gold and more. I hope you enjoy!
0:00 - Introduction
2:03 - Current outlook
4:16 - Job revisions
5:28 - Labour vs capital
7:22 - Foreign direct investment
12:00 - Shifting to investment led economy
15:59 - Shift from US to wealth assets
17:26 - Precious metals run to continue?
19:42 - Copper vs gold
22:20 - Oil
24:33 - Resolving deficits
28:47 - One message to takeaway?
Rick began his career 47 years ago in 1974 in the securities business and has been involved in it ever since. He is known for his expertise in many resource sectors, including agriculture, alternative energy, forestry, oil and gas, mining, and water. In 1990, Rick founded the business now known as Sprott US Holdings” merging in into Sprott Inc. ( SII) in 2011. He retired from Sprott Inc., in 2021, and resigned from the board of directors in 2023, but remains Sprott’s largest shareholder. IMr. Rule is a sought-after speaker at industry conferences, and a frequent contributor to numerous media outlets including CNBC, Fox Business News and BNN. Mr. Rule is actively engaged in private placement markets, through originating and participating in hundreds of debt and equity transactions.
Rick Rule -
Twitter - twitter.com/RealRickRule
LinkedIn - linkedin.com/in/rick-rule-1058921a
Website - ruleinvestmentmedia.com
Seminar - opptravel.zohobackstage.com/TheRuleSymposiumonNaturalResourceInvesting2024#/?affl=WTFinance
WTFinance -
Instagram - instagram.com/wtfinancee
Spotify - open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - twitter.com/AnthonyFatseas
On this episode of the WTFinance podcast I had the pleasure of welcoming back Jeff Snider. Jeff is at the forefront of modern money and monetary science, specifically the Euro dollar market and its impact globally. He is also the host of the Eurodollar University.
During our conversation we touched on Jeff's economic outlook, recent credit bankruptcies, whether all the economic weakness could be coming through, gold, dollar not at risk, shifting away from the Eurodollar and more. I hope you enjoy!
0:00 - Introduction
0:51 - Economic outlook
4:22 - GDP hot, jobs weak
10:47 - Credit bankruptcies
15:15 - Data distortions
18:30 - Market driving economics
28:20 - Gold signal
32:58 - Dollar not at risk
37:17 - Shifting away from the Eurodollar
40:28 - Stablecoins
43:59 - One message to takeaway?
Jeff Snider is one of the foremost experts on the global monetary system, specifically the eurodollar money system, and all aspects of its misunderstood inner workings and how they impact global markets, commerce, and economy. His podcast - Eurodollar University - aims to educate the public on the evolution and nature, and nuances of the eurodollar system and true monetary principles. He is a regular contributor to Real Clear Markets and a columnist for the Epoch Times, and is active on Twitter as well as He has been a guest on countless programs including MacroVoices, and Real Vision for his insights into the Eurodollar system, LIBOR, and repo/securities lending markets., etc.
Jeff Snider -
YouTube - @eurodollaruniversity
Website - https://www.eurodollar.university/
X - twitter.com/JeffSnider_AIP
Webinar - webinar.eurodollar-university.com/home
WTFinance -
Spotify - open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - linkedin.com/in/anthony-fatseas-761066103
X - twitter.com/AnthonyFatseas
On this episode of the WTFinance podcast I had the pleasure of welcoming back Louis Gave. Louis is the Founding Partner & Chief Executive Officer of Gavekal.
During our conversation we spoke about Louis' outlook for the economy, liquidity, Chinese 10% deficit, China's shifting economy, demographics, BRICS alliance and more. I hope you enjoy!
0:00 - Introduction
2:50 - Outlook on the economy?
4:54 - Liquidity
7:42 - Foreign direct investment
9:57 - Chinese 10% deficit
12:46 - China’s shifting economy
19:26 - Demographics
20:46 - Shift to Russia, China & India
25:41 - One message to takeaway?
After receiving his bachelor's degree from Duke University and studying Mandarin at Nanjing University, Louis joined the French Army where he served as a second lieutenant in a mountain infantry battalion. After a couple of years, Louis left the army and joined Paribas where he worked as a financial analyst—first in Paris, then in Hong Kong.
Louis left Paribas in 1998 to launch Gavekal with his father Charles and Anatole Kaletsky. The idea at the time was that Asia was set to become an ever more important factor in global growth, and that consequently Gavekal needed to offer its clients more information, and more ideas, relating to Asia.
Louis has written seven books, the latest being Avoiding the Punch: Investing in Uncertain Times which reviews how to build a portfolio at a time of rising geostrategic strife, and when very low interest rates and stretched valuations on most assets announce constrained returns on most assets over the next decade.
Louis speaks English and French. He spent many hours studying Mandarin and Spanish, which he once spoke decently. He is married with two sons and two daughters.
Louis-Vincent Gave:
Website - research.gavekal.com
Twitter - https://x.com/gave_vincent
WTFinance -
Instagram - instagram.com/wtfinancee
Spotify - open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - twitter.com/AnthonyFatseas
Thumbnail image from - https://gmk.center/en/news/the-world-bank-expects-chinas-economy-to-slow-down-in-2025/
On this episode of the WTFinance podcast I had the pleasure of welcoming back Gilbert Doctorow. Gilbert is a author and geopolitical analyst with decades of experience.
During our conversation we spoke about the geopolitical sphere, war parties shifting, trump impact, Ukraine vs Russia conflict, US pivoting to China, return of the Monroe doctrine and more. I hope you enjoy!
0:00 - Introduction
1:17 - Geopolitical sphere
3:51 - War parties shifting?
9:48 - Trump impact
14:43 - Common enemy
16:19 - Ukraine - Russia conflict
27:13 - Peace deal?
31:24 - US pivoting to China?
36:07 - Return to Monroe doctrine
37:11 - Multiple spheres
39:11 - One message to takeaway?
Gilbert Doctorow is a professional Russia watcher and actor in Russian affairs going back to 1965. He is a magna cum laude graduate of Harvard College (1967), a past Fulbright scholar, and holder of a Ph.D. with honors in history from Columbia University (1975).
After completing his studies, Mr. Doctorow pursued a business career focused on the USSR and Eastern Europe. For twenty-five years he worked for US and European multinationals in marketing and general management with regional responsibility.
From 1998-2002, Doctorow served as the Chairman of the Russian Booker Literary Prize in Moscow. During the 2010-2011 academic year, he was a Visiting scholar of the Harriman Institute, Columbia University.
Mr. Doctorow is a long-time resident of Brussels.
Gilbert Doctorow:
Substack - gilbertdoctorow.substack.com
Books - amazon.co.uk/stores/author/B0048RTGTM
WTFinance -
Instagram - instagram.com/wtfinancee
Spotify - open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - twitter.com/AnthonyFatseas
Thumbnail image from - crescent.icit-digital.org/articles/will-trump-become-the-gorbachev-of-us-imperialism
On this episode of the WTFinance podcast I had the pleasure of welcoming back Jason Shapiro. Jason is a trading legend, with 30+ years of trading experience, a hedge fund manager and featured in the book Unknown Market Wizards.
During our conversation we spoke about the outlook on markets, how its the most hated rally in history, potential for September dip, AI stocks not peaked yet, Bullish assets and more. I hope you enjoy!
0:00 - Introduction
1:25 - Outlook on markets
5:31 - Hated rally
12:09 - September dip?
12:43 - AI stocks not peaked?
14:00 - Russell to outperform?
15:17 - Global performance
17:51 - Noise in markets
19:21 - Bullish assets
25:34 - Contrarian investing?
26:59 - One message to takeaway?
With over 30 years of trading experience, Jason has gone through most markets a trader should see in their career. From the crazy rallies during the 90s, the tech bubble pop in early 2000s, the 2008 market crash and the latest bull run starting in 2009. Through the last 20 years of his career, he has used a contrarian approach which has been very successful to him and his clients, as verified by Jack D. Schwager in his latest MARKET WIZARDS BOOK. Jason has managed large sums of money from a few million to several hundred million and learned a great deal about the Futures markets, from Equities, Currencies and Fixed Income to Currencies and Precious Metals.
Jason Shapiro -
Website - crowdedmarketreport.com
Twitter - twitter.com/Crowded_Mkt_Rpt
LinkedIn - linkedin.com/in/jason-shapiro-53674994
YouTube - @crowdedmarketreport
WTFinance -
Instagram - instagram.com/wtfinancee
Spotify - open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - twitter.com/AnthonyFatseas
On this episode of the WTFinance podcast I had the pleasure of welcoming on Mel Matterson. Mel is writer and financial services veteran, with 20 years in the realm of high finance.
During our conversation we spoke about his outlook, how he is bullish, large deficits, central bank independence, yield curve control, peak ponzi scheme, market outlook, when to sell and more. I hope you enjoy!
0:00 - Introduction
1:32 - Outlook on markets
5:05 - Bond rally?
11:26 - Large deficits
17:02 - Central Bank independence
22:07 - Yield control QE?
26:12 - Peak ponzi scheme
29:52 - Market outlook
32:52 - Economic shift
39:24 - When to sell?
41:52 - One message to takeaway?
For over twenty years, Mel has held key posts with both established asset managers such as Russell Investments and fast-growth startup firms like United Capital (acquired 2019 by Goldman Sachs). Since 2019, Mel has focused almost exclusively on private equity and the employee stock option financing space. He also founded the personal finance and wellness app, MoneyComb, in 2014. Seed funded by Duke University and incubated under leading behavioral economist Dan Ariely, MoneyComb quickly gained a reputation for innovative thinking about money and happiness: MoneyComb in WSJ.
Having served as the CEO of three different FINRA and SEC registered broker-dealers, Mel has established himself as an expert in the operation of financial firms with an emphasis on broker-dealer formation, private placements, compliance, and scaling of digital operations.
Mel holds an MBA with concentrations in investment and corporate finance from Duke University. He received his BA from Loyola University Chicago where he majored in philosophy, minored in English, and helped establish the school’s nascent men’s rugby program. Mel is also a Certified Financial Planner™ Professional and holds the CFP® designation.
Mel Mattison:
Website - melmattison.com
X - twitter.com/MelMattison1
Book - amazon.com/dp/B0CK6WTGJV?ref_=cm_sw_r_cp_ud_dp_ZBJCM70F8RTF8WCETGYT
WTFinance:
Spotify - open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - linkedin.com/in/anthony-fatseas-761066103
Twitter - twitter.com/AnthonyFatseas
Thumbnail picture from - carsongroup.com/insights/blog/seven-reasons-this-bull-market-is-alive-and-well
On this episode of the WTFinance podcast I had the pleasure of welcoming back Danielle DiMartino Booth. She is the author of Fed Up and a global thought leader in monetary policy, economics and finance with 9 years experience at the Federal Reserve Bank of Dallas.
During our conversation we spoke about the FOMC meeting, Lisa Cook firing, employment revision, whether this will continue, recession, bond market, stock market impact and more. Do you agree?
0:00 - Introduction
1:14 - FOMC meeting
1:57 - Lisa Cook firing
5:24 - Powell dovish cut
7:42 - Employment revisions
10:25 - Poor data
11:40 - Job market was not strong
13:34 - Foreign born vs domestic employment
14:28 - Recession?
18:45 - Bond market
20:18 - No recessions?
21:50 - Stock market
23:03 - One message to takeaway?
DiMartino Booth set out to launch a #ResearchRevolution, redefining how market intelligence is conceived and delivered to guide portfolio managers and promote financial literacy. To build QI, she brought together a core team of investing veterans to analyse the trends and provide critical analysis on what is driving the markets – both in the United States and globally.
Since their inception in 2015, commentary and data from DiMartino Booth’s The Daily Feather and The Weekly Quill have appeared in other financial sources such as Bloomberg, CNBC, Fox Business, Institutional Investor, Yahoo Finance, The Wall Street Journal, MarketWatch, Seeking Alpha, TD Ameritrade, TheStreet.com, and more.
A global thought leader in monetary policy, economics, and finance, DiMartino Booth founded QI Research in 2015. She is the author of FED UP: An Insider’s Take on Why the Federal Reserve is Bad for America (Portfolio, Feb 2017), a business speaker, and a commentator frequently featured on CNBC, Bloomberg, Fox News, Fox Business News, BNN Bloomberg, Yahoo Finance and other major media outlets.
Prior to QI Research, DiMartino Booth spent nine years at the Federal Reserve Bank of Dallas. She served as Advisor to President Richard W. Fisher throughout the financial crisis until his retirement in March 2015. Her work at the Fed focused on financial stability and the efficacy of unconventional monetary policy.
DiMartino Booth began her career in New York at Credit Suisse and Donaldson, Lufkin & Jenrette where she worked in the fixed-income, public equity, and private equity markets. DiMartino Booth earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University.
Danielle DiMartino Booth -
Website - quillintelligence.com
Twitter - twitter.com/DiMartinoBooth
YouTube - @DanielleDiMartinoBoothQI
WTFinance -
Spotify - open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - linkedin.com/in/anthony-fatseas-761066103
Twitter - twitter.com/AnthonyFatseas
On this episode of the WTFinance podcast I had the pleasure of welcoming on Lobo Tiggre. Lobo is the founder of the Independent Speculator.
During our conversation we spoke about his outlook on the economy, inflation risks, central banks diversifying to gold, weaker employment data, copper, uranium and more. I hope you enjoy!
0:00 - Introduction
2:41 - Outlook on the economy
4:10 - Inflation
6:58 - Oil market
10:52 - Oil supply dynamics
12:30 - Investors losing faith in government bonds
20:57 - Passive buyer of gold
25:10 - Employment revisions
28:39 - Copper
27:30 - Uranium
42:54 - One message to takeaway?
Lobo Tiggre is the founder, CEO, and principal analyst and editor of Louis James, LLC. He researched and recommended speculative opportunities in Casey Research publications from 2004 to 2018, writing under the name “Louis James” for privacy reasons. While at Casey Research, he learned about the newsletter business from Casey co-founder David Galland, and resource speculation from the legendary speculator Doug Casey himself.
Although frequently mistaken for one, Mr. Tiggre is not a professional geologist. Nor does he hold the CFA designation, and he is not a licensed financial advisor. Tiggre is a speculator who, during his time with Doug Casey, also learned from many other industry leaders, including Sprott-Global’s Rick Rule, former newsletter writer Bob Bishop, fellow newsletter writer and geologist Brent Cook, exploration geologist and multiple mine-finder Ron Parratt, and many others.
This resulted in a track record of winning recommendations outpacing losers by a wide margin, resulting in extraordinary overall gains. Due to copyright issues, we cannot reproduce or document that track record. However, the average of the yearly gains published by Casey Research for their flagship publication, the International Speculator, was 18.5% per year during Tiggre’s time with the publication. A fully transparent, documented, and verifiable track record is a central feature of Louis James LLC services.
Prior to his work at Casey Research, Mr. Tiggre was a writer and publisher involved in numerous ventures. In 1998, he published his first novel, Y2K: The Millennium Bug. In 2012, he co-authored Doug Casey’s first book in almost two decades, Totally Incorrect. This was followed by another book co-authored with Doug Casey in 2014, Right on the Money. Tiggre has plans for several new books going forward, both fiction and non-fiction.
Mr. Tiggre is a graduate of Aiglon College in Chesières-Villars, Switzerland. His formal education included studies in physics at Rensselaer Polytechnic Institute. He also studied economics at UNC Chapel Hill, and wrapped up with a magna cum laude BA in sociology from Duke university.
Tiggre grew up speaking both Spanish and English. He later learned French, German, and is now working on Russian. He is happily married with five children. He lives in San Juan, Puerto Rico.
Lobo Tiggre -
Website - independentspeculator.com
X - https://x.com/duediligenceguy
WTFinance -
Instagram - instagram.com/wtfinancee
Spotify - open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - twitter.com/AnthonyFatseas
#centralbanks #federalreserve #economics #finance #LynAlden #WTFinance #AnthonyFatseas
#Debt #Treasury #InterestRates #Economy #Finance #FederalReserve #TBill #Powell #Bessent #WTFinance #LynAlden #AnthonyFatseas
#GDP #NATO #economy #deficit #WTFinance #LynAlden #AnthonyFatseas
On this episode of the WTFinance podcast I had the pleasure of welcoming back Francis Hunt. Francis is a Trader, Technical Analyst, Teacher and originator of the Hunt Volatility Funnel Method.
During our conversation we spoke about Francis' perspective on the outlook of the economy, the debt crisis, what this means for the markets, chaotic society, whether the system can be saved, gold and more. I hope you enjoy!
0:00 - Introduction
2:28 - Outlook on the economy
5:31 - Debt Crisis
12:27 - Chaos
23:24 - Can they save the system again?
28:49 - Gold
40:05 - Opportunity
Francis Hunt, as the originator of the Hunt Volatility Funnel trading methodology, describes himself as a Trader, Technical Analyst and Teacher, is known from his YouTube channel as TheCryptoSniper. He is also the Founder of The Market Sniper.
Stemming from his over 30 years of experience and deep immersion in trading and technical analysis of various markets, this unique approach to trading is the culmination of everything he found to have been valuable and profitable on a consistent, reliable basis, distilled into a single all-encompassing trading system that can easily be learned and internalized by others.
Francis Hunt made his first investments in 1987 pre-crash and bought his first option in 1991 and has been trading equities and other assets since. He is a technical trader who believes all information related to an asset is reflected in its price and therefore reveal the true market sentiment of that asset.
In addition to being a highly successful trader and technical analyst, Francis also enjoys teaching his trading methodology to others. He built a community of like-minded traders around him that supports him and each other with trade ideas and positive reinforcement in an otherwise lonely and harsh environment.
Francis Hunt -
YouTube - @TheMarketSniper1
Website - themarketsniper.com
Twitter - twitter.com/themarketsniper
WTFinance -
Instagram - instagram.com/wtfinancee
Spotify - open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes - podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Twitter - twitter.com/AnthonyFatseas


