Tuesday, May 31, 12:00pm, UTC, 2022
This interview was recorded two weeks ago at the Vancouver Resource Investment Conference, but the ideas are still timely. The danger to investors posed by economists using flawed models is greater than ever. Key point; they don't "get" stagflation and are not prepared for what I see shaping up in the global economy—just as they failed to predict the persistent high inflation we're seeing. The clash between the Green Agenda and NIMBY thinking continues and will soon lead to some very interesting opportunities. Can you guess which commodity I see as having the "most baked in the cake" upside this year?
Timestamps:
0:00 — Welcome
0:54 — Does forecasting make sense right now?
2:22 — Many economists using flawed models
4:06 — "Extremely bullish" outlook for gold, silver
6:19 — Most baked-in-the-cake upside
9:38 — Recession is a distinct possibility
11:42 — Lobo's portfolio beyond resources
15:40 — NIMBYism and the green agenda
17:29 — Parting thoughts
