The Financial System is Collapsing - Here’s What the Smart Money is Doing - TWIM Ep 24

Welcome to This Week in Mining. Today, Adam Taggart, host of thoughtful money is on the show. The discussion revolves around the current uncertainties in financial markets and the importance of shifting from passive to active investment strategies. Taggart emphasizes that high volatility, shifting inflation trends, and evolving bond markets signal that traditional passive strategies may no longer be effective. The conversation touches on market corrections, hedging strategies, and the risks associated with unpreparedness among investors. Taggart also highlights the growing role of precious metals and explores the complexities within the BRICS alliance and its impact on the U.S. dollar, with Taggart cautioning against betting on rapid geopolitical transformations.

‪@adam.taggart‬
thoughtfulmoney.com

Brought to you by West Red Lake Gold:
https://westredlakegold.com/
TSXV:WRLG | OTCQB:WRLGF

For more content from VRIC host Jay Martin, please visit The Commodity University at https://thecommodityuniversity.com/

Sign up for Jay’s newsletter at https://jaymartin.substack.com/subscribe

0:00 Intro
1:19 Disagreements in the Investor Space
7:11 Active Investing in a Volatile Market
11:12 How to Transition to an Active Investing Style
15:41 What Skills are Required Moving into the Future?
20:17 What is Hedging?
24:55 Investing is Always a Competition
30:00 A Portfolio Construction Example
37:46 What Happens if the Western Investor is Forced to Care About Gold?
43:54 Counterparty Risk
47:19 Central Bank Gold Buying and the BRICS Summit
52:21 Shoutouts

Copyright © 2024 Cambridge House International Inc. All rights reserved.