Palisade Radio's Tom Bodrovics hadn't interviewed me for some time, so we had a lot to discuss. We started with the macro, discussing several important trends and my case for recession to become undeniable this year. We then focused on my two favorite ways to make money in resource speculation this year: gold first and uranium second. Uranium bulls may not like that order, but remember that the idea is to buy low and sell high. That said, I see the two "yellow metals" as a great pair trade for 2024; I expect both to do well, but if I'm wrong about the recession and gold underperforms, my uranium stocks should more than make up for it.

 

 

Timestamps:

0:00 - Introduction
0:52 - Fed & Recession Trend
5:48 - Labor Reporting
7:46 - Soft Landing Requirements?
10:23 - Fed Trend Change?
14:48 - Inflation Targets
17:07 - Input Costs & Inflation
24:30 - Fed "Independence"
25:39 - De-Dollarization Trends
29:33 - Global Weakness
32:47 - Saudi Oil Cuts & Price
34:27 - Lithium Demand & Slowdown
37:47 - Gold Bearish Scenario?
40:52 - Risk/Reward Gold Opportunity
45:12 - Uranium & Rick Rule
49:32 - Secondary Supply?
55:46 - Takeover Possibilities
57:09 - Spot & Contracts
1:01:00 - Wrap Up