Welcome to Macro Voices

Erik Townsend and Patrick Ceresna welcome Tian Yang to MacroVoices. Erik and Tian discuss:

• Inflation driven commodity super cycle – when will it happen?
• When will  consumer price inflation starts?
• How to manage your portfolio to prepare for inflation
• COVID-19 pandemic impacts on prices
• How to position for commodity super cycle
• How to approach different commodity sectors for allocation
• Outlook on precious metals

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We strongly recommend that you download the chart book that accompanies this episode, as Erik and Tian will refer to it throughout the interview. If you are already registered at MacroVoices.com, just login and the download link will appear here once you're logged in. If you haven’t already registered, click the red “Subscribe for FREE” button on the top right side of the home page, and register. Once logged in, you will see the download link(s) and will be able to download the PDF document(s).

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Erik Townsend and Patrick Ceresna welcome Stephanie Kelton to MacroVoices. Erik and Stephanie discuss:

• Why using taxes to pay for government spending is a myth
• If the government can print money, why are taxes still necessary?
• What measures does MMT use to overcome inflation risk?
• Debunking the myth that the future generation will have to pay for the current national debt
• Risk of dilution in value of dollars due to government money printing
• Constraints of MMT

Download the podcast transcript: [Click Here]

We strongly recommend that you download the chart book that accompanies this episode, as Erik and Patrick will refer to it throughout the postgame segment. If you are already registered at MacroVoices.com, just login and the download link will appear here once you're logged in. If you haven’t already registered, click the red “Subscribe for FREE” button on the top right side of the home page, and register. Once logged in, you will see the download link(s) and will be able to download the PDF document(s).

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Erik Townsend and guest co-host Kevin Muir welcome Mike Alkin & Guy Keller to MacroVoices. Erik, Mike and Guy discuss:

• Future of nuclear power industry
• How big is the Uranium mining industry post-Fukushima
• Collapse of market capitalization of Uranium mining
• How Uranium market works
• Investment opportunities in Uranium market

Download the podcast transcript: [Click Here]

We strongly recommend that you download the chart book that accompanies this episode, as Erik and the guests will refer to it throughout the discussion. If you are already registered at MacroVoices.com, just login and the download link will appear here once you're logged in. If you haven’t already registered, click the red “Subscribe for FREE” button on the top right side of the home page, and register. Once logged in, you will see the download link(s) and will be able to download the PDF document(s).

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Erik Townsend and Patrick Ceresna welcome Dr. Pippa Malmgren to MacroVoices. Erik and Pippa discuss:

• Perspectives on recent Presidential debate
• Supreme court legal precedent
• Doespolitical uncertainty in the U.S. create an opportunity for China?
• Accuracy of polls and how investors should consider them

• Possible outcomes and what that would mean for the markets
• Possibility of Donald Trump launching a news network

Download the podcast transcript: [Click Here]

We strongly recommend that you download the chart book that accompanies this episode, as Erik and this week's guest host Kevin Muir will refer to it throughout the postgame segment. If you are already registered at MacroVoices.com, just login and the download link will appear here once you're logged in. If you haven’t already registered, click the red “Subscribe for FREE” button on the top right side of the home page, and register. Once logged in, you will see the download link(s) and will be able to download the PDF document(s).

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Erik Townsend and Patrick Ceresna welcome Art Berman to MacroVoices. Erik and Art discuss:

• Update on Art’s 2020 U.S.oil production narrative
• How big of a decline in production should we expect?
• Supply in demand imbalance – where is oil price headed from here?
• What investors should look for in anticipation of resumption of normal demand
• What level of demand to expect post-crisis?
• Decreasing price sensitivity to changes in comparative inventory 
• Will we ever get back to pre-crisis consumption levels?

Download the podcast transcript: [Click Here]

We strongly recommend that you download the chart book that accompanies this episode, as Erik and Art will refer to it throughout the discussion. If you are already registered at MacroVoices.com, just login and the download link will appear here once you're logged in. If you haven’t already registered, click the red “Subscribe for FREE” button on the top right side of the home page, and register. Once logged in, you will see the download link(s) and will be able to download the PDF document(s).

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Erik Townsend and Patrick Ceresna welcome Alex Gurevich to MacroVoices. Erik and Alex discuss:

• Is the bond bull market finally coming to an end?
• Possibility of negative rates
• Secular shift from disinflation toward inflation
• US dollar outlook – beginning of a secular decline?
• Perspectives on gold and equity markets
• Impact of monetary policy on liquidity

Download the podcast transcript: [Click Here]

SPECIAL POST GAME GUEST- Jim Bianco

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Erik Townsend and Patrick Ceresna welcome Juliette Declercq to MacroVoices. Erik and Juliette discuss:

• Prognosis on the U.S. Presidential Election
• Why the Republicans have not yet folded on the next relief package?
• Vicious circle from lower confidence to higher unemployment
• What would a contested election mean for the markets?
• U.S. dollar outlook
• Possibility of U.S. Real Yields to collapse

Download the podcast transcript: [Click Here]

We strongly recommend that you download the chart book that accompanies this episode, as Erik and Juliette will refer to it throughout the discussion. If you are already registered at MacroVoices.com, just login and the download link will appear here once you're logged in. If you haven’t already registered, click the red “Subscribe for FREE” button on the top right side of the home page, and register. Once logged in, you will see the download link(s) and will be able to download the PDF document(s).

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Erik Townsend and Patrick Ceresna welcome Mike Green to MacroVoices. Erik and Mike discuss:

• Active vs passive investing dynamics
• Is QE what’s driving the stock market and how does MMT fit in
• Will MMT bring runaway inflation and what are the implications?
• Is the bond bull market coming to an end?
• What investors should look out for during a period of hyperinflation
• Outlook on gold
• Potential risks and threats of U.S. dollar losing its reserve currency status
• Perspectives on digital currency 

Download the podcast transcript: [Click Here]

We strongly recommend that you download the chart book that accompanies this episode, as Erik and Patrick will refer to it throughout the postgame segment. If you are already registered at MacroVoices.com, just login and the download link will appear here once you're logged in. If you haven’t already registered, click the red “Subscribe for FREE” button on the top right side of the home page, and register. Once logged in, you will see the download link(s) and will be able to download the PDF document(s).

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Erik Townsend and Patrick Ceresna welcome Luke Gromen to MacroVoices. Erik and Luke discuss:

• Is this the beginning of the big move down for the US dollar?
• Why the US will have to what Luke calls “print the mostest” in the dollar endgame
• What does “printing the most” entail?
• What is the catalyst that would bring a secular decline of the dollar?
• US fiscal condition – accelerate borrowing and spending, where are we headed from here?
• Perspective on the soaring S&P500, what does this mean?
• Outlook on Gold
• Perspectives on how the US Presidential election outcome will impact the markets

Download the podcast transcript: [Click Here]

We strongly recommend that you download the chart book that accompanies this episode, as Erik and Patrick will refer to it throughout the postgame segment. If you are already registered at MacroVoices.com, just login and the download link will appear here once you're logged in. If you haven’t already registered, click the red “Subscribe for FREE” button on the top right side of the home page, and register. Once logged in, you will see the download link(s) and will be able to download the PDF document(s).

Click here to register or login for access to supporting materials.