July 16, 2025
Here’s what was covered in episode 326:
Macro Musings - Gerardo and Nick dive deep into the Epstein files controversy—what was promised, what was exposed, and what was ignored. “If you’re still partisan at this point, you’re an idiot,” says Nick. Also discussed: General Flynn’s rebuke of Trump, Elon’s America Party, and Druckenmiller’s warning that the U.S. is next. Gold soared after Trump floated firing Jerome Powell, then backtracked. “This is what happens when you throw everything at the wall to see what sticks.”
Market Takes - Copper hit all-time highs, PGMs are ripping, and gold’s firmly back above $3,300. Lithium rallied 13 of 14 days, with Patriot up 43% on the month. Druckenmiller is short the 2-year and long U.S. collapse. Structural supply gaps in uranium, copper, and rare earths continue to drive prices higher—and Nick reminds you that it can take 29 years to bring a new mine online. “All of this is good for asset owners and brutal for everyone else.”
Bizarro Banter - Highlights from the Rick Rule Symposium in Boca Raton, Epstein’s old stomping grounds. J.P. Morgan, Singapore fund managers, retired U.S. dentists, and billionaire gold legends mingled amid $180 haircuts. MP Materials surged 50% on U.S. government equity backing, and Apple followed with its own $500 million stake. Who’s next to lock in critical metals? “It’s a bull market. Deals are getting done.”
Premium Portfolio Picks -
July 16, 2025
Here’s what was covered in episode 326:
Macro Musings - Gerardo and Nick dive deep into the Epstein files controversy—what was promised, what was exposed, and what was ignored. “If you’re still partisan at this point, you’re an idiot,” says Nick. Also discussed: General Flynn’s rebuke of Trump, Elon’s America Party, and Druckenmiller’s warning that the U.S. is next. Gold soared after Trump floated firing Jerome Powell, then backtracked. “This is what happens when you throw everything at the wall to see what sticks.”
Market Takes - Copper hit all-time highs, PGMs are ripping, and gold’s firmly back above $3,300. Lithium rallied 13 of 14 days, with Patriot up 43% on the month. Druckenmiller is short the 2-year and long U.S. collapse. Structural supply gaps in uranium, copper, and rare earths continue to drive prices higher—and Nick reminds you that it can take 29 years to bring a new mine online. “All of this is good for asset owners and brutal for everyone else.”
Bizarro Banter - Highlights from the Rick Rule Symposium in Boca Raton, Epstein’s old stomping grounds. J.P. Morgan, Singapore fund managers, retired U.S. dentists, and billionaire gold legends mingled amid $180 haircuts. MP Materials surged 50% on U.S. government equity backing, and Apple followed with its own $500 million stake. Who’s next to lock in critical metals? “It’s a bull market. Deals are getting done.”
Premium Portfolio Picks -
July 16, 2025
Here’s what was covered in episode 326:
Macro Musings - Gerardo and Nick dive deep into the Epstein files controversy—what was promised, what was exposed, and what was ignored. “If you’re still partisan at this point, you’re an idiot,” says Nick. Also discussed: General Flynn’s rebuke of Trump, Elon’s America Party, and Druckenmiller’s warning that the U.S. is next. Gold soared after Trump floated firing Jerome Powell, then backtracked. “This is what happens when you throw everything at the wall to see what sticks.”
Market Takes - Copper hit all-time highs, PGMs are ripping, and gold’s firmly back above $3,300. Lithium rallied 13 of 14 days, with Patriot up 43% on the month. Druckenmiller is short the 2-year and long U.S. collapse. Structural supply gaps in uranium, copper, and rare earths continue to drive prices higher—and Nick reminds you that it can take 29 years to bring a new mine online. “All of this is good for asset owners and brutal for everyone else.”
Bizarro Banter - Highlights from the Rick Rule Symposium in Boca Raton, Epstein’s old stomping grounds. J.P. Morgan, Singapore fund managers, retired U.S. dentists, and billionaire gold legends mingled amid $180 haircuts. MP Materials surged 50% on U.S. government equity backing, and Apple followed with its own $500 million stake. Who’s next to lock in critical metals? “It’s a bull market. Deals are getting done.”
Premium Portfolio Picks -