Macro Voices

Weekly market commentary by Hedge Fund Manager Erik Townsend and interviews with the brightest minds in the world of finance and macroeconomics. Made possible by funding from Fourth Turning Capital Management, LLC
Title Date Author

RVTV Encore: Raoul Pal and Grant Williams

Raoul Pal and Grant Williams sit down together for a discussion they have entitled "The Reset II"

2016-05-07 MacroVoices

Satyajit Das: Cyclical downturn or structural shift? Context is key.

Erik and Das lend context to recent macroeconomic developments with a helping hand from history, in order to identify what might be different this time.

2016-05-05 Erik Townsend

Richard Duncan: What the history of monetary policy tells us about our future

Richard and Erik discuss the history of monetary policy, and what it suggests to us about the direction the global economy is headed.

2016-04-28 Erik Townsend

RVTV Encore: John Burbank ft. Kyle Bass

Kyle Bass interviews John Burbank on Real Vision Television.

2016-04-24 MacroVoices

The New Bull Market in Gold Part II: Natural resource investing with Rick Rule plus an oil update with Art Berman

Erik and Rick Rule talk precious metals and other natural resource investments, private placements and private equity risks and rewards, and Art Berman joins us for an update on the crude fundamentals.

2016-04-22 Erik Townsend

The New Bull Market in Gold Part I: Macroeconomic backdrop with Jim Rickards

Erik interviews Jim Rickards, and they discuss the importance of Gold when central banks around the world are perma-easing.

2016-04-14 Erik Townsend

RVTV: Bill Fleckenstein

Real Vision Television interviews Bill Fleckenstein on August 21st, 2015

2016-04-10 Erik Townsend

Raoul Pal: Breaking Down the US Dollar, Past, Present, and Future

Erik interviews Raoul Pal, and they breakdown the US dollar bull market and discuss where we're headed next.

2016-04-07 Erik Townsend

Bill Fleckenstein: The Perils of Short Selling in a World Awash in Central Bank Liquidity

Erik interviews Bill Fleckenstein and they discuss the tactics involved in short selling, and the dangers of doing so in a market fueled by central bank liquidity.

2016-03-31 Erik Townsend

RVTV: Fred Hickey

Real Vision Television interviews Fred Hickey on September 18th, 2015

2016-03-27 Erik Townsend

Jack Schwager: The Journey from Market Wizards to FundSeeder.com

Erik and Jack Schwager discuss the Market Wizards project, Fundseeder.com, and how the future of capital introduction is likely to change.

2016-03-24 Erik Townsend

Axel Merk: ECB/Fed/BOJ Policy and the Implications for Equities, Gold, the USD and More

Erik welcomes Axel Merk and the two of them discuss recent central bank statements and how we can expect them to affect financial markets.

2016-03-17 Erik Townsend

RVTV: Albert Edwards

Real Vision interviews Albert Edwards on February 27th, 2015

2016-03-13 MacroVoices

Grant Williams: US Recession, Eroding Faith in Central Bankers, and the Economics of War

Erik welcomes Grant Williams and the two of them discuss the probability of a US recession, eroding faith in central bankers all around the world, out of control debts and their geopolitical implications, and the Real Vision Television project.

2016-03-10 Erik Townsend

The Coming Bottom in Oil Prices Part II: Trading Strategies with Erik Townsend

Nathan Egger interviews Erik Townsend about trading strategies for the coming bottom in oil prices.

2016-03-03 Erik Townsend

The Coming Bottom in Oil Prices Part I: Deep into Fundamentals with Art Berman

The crude oil backstory and the current oversupply, the likelihood of a coming production cut from OPEC,
Middle Eastern politics and how they will affect future oil prices,
EIA/IEA and other government agency statistics - Are they reliable? Oil storage considerations and the importance of Cushing, OK - How close are we to capacity? The Baker Hughes Rig Count - Does it matter? Iran and their ongoing production increase, the desperation of US shale patch operators and their associated junk bonds - What is the chance of default? Decline rates for US shale producers
Libya’s potential to affect this market - Is ISIS standing in the way? Identifying a bottom in the oil market and a whole lot more…

2016-02-25 Erik Townsend

An Interview with the One and Only Dr. Marc Faber

Erik and Marc discuss; how The Fed, Treasury, and U.S. Government are one and the same - Neo-Keynesian Interventionists, negative interest rates, and the possibility of seeing them in The U.S. "The War on Cash" and other trends driving insecurity and leading to increased rates of saving, "Helicopter Money" and other Fed options for direct stimulus to spenders, the political forces driving huge foreign investment in Indochina, the contrast between the great Asian success stories, and the failures of other emerging markets, India, its potential, particularly for stock pickers, and the problems it faces, "China Beach," Vietnamese real estate, and the difficulties of investing in many Asian nations, the inevitable deflating of the "Chinese credit bubble", Kyle Bass' outsized bet against the Yuan, precious metals, gold mining stocks, and much, much more...

2016-02-19 Erik Townsend

An Interview with Legendary Investor Jim Rogers

Erik Townsend welcomes legendary investor Jim Rogers as MacroVoices’ first feature interview. Erik and Jim discuss China, falling currencies around the world, the coming market turmoil and its tactical bullish implications for the U.S. dollar, even in the face of longer-term bearish forces that will also affect the dollar, U.S. monetary policy and the failure of Quantitative Easing, weakness in the banking sector despite massive injections of liquidity, the 35-year bond bull market and its eventual end, current trouble in high-yield credit (junk bonds), whether the recent breakout in gold prices is sustainable or a parabolic surge that could lead to a blow-off top, U.S. debt levels, implications of the upcoming U.S. Presidential election on markets, sovereign debt crises, de-dollarization, and much more.

2016-02-11 Erik Townsend

MACRO VOICES is presented for informational and entertainment purposes only. The information presented in MACRO VOICES should NOT be construed as investment advice. Always consult a licensed investment professional before making important investment decisions. The opinions expressed on MACRO VOICES are those of the participants. MACRO VOICES, its producers, and hosts Erik Townsend and Patrick Ceresna shall NOT be liable for losses resulting from investment decisions based on information or viewpoints presented on MACRO VOICES.

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