The Contrarian Capitalist Podcast

The UK had local elections at the start of May and the results are not overly surprising in my opinion. I’m sure that Frank Wright would agree with my sentiment when I say that it appears that some common sense seems to have returned to the political spectrum in the UK.ResultsSourceTherefore, seeing the results from the local elections was very pleasing. Reform are NOT perfect (no person, politician or political party is) but it seems as though people are ready for a change.Our friends over at Polymarket.com have got just a 4% chance of current Prime Minister Sir Keir Starmer being out before July. Personally, I think that this is quite high as Labour currently has a majority in parliament. You can follow that market here.The next General Election will be in 2029 - still 4 years away. Of course, this could all change between now and then if a GE is called, although I suspect that this will be incredibly unlikely given these recent results.People are calling out for change, and it is no wonder why!The same BBC article had the following main bullet points.Why has this happened?The people look like they have had enough and for some very good reasons, including:* Council tax and utility bill hikes (Poor energy policies/potentially Bankrupt councils etc contributing to this)* Challenges with immigration (going back to the 1990’s)* Major crack downs on free speech* Two-tiered policing achieving two-tiered results* Governments continually focusing on the wrong thingsAll of the above is leading to a more fractured country.The results from the 23 local elections show areas where there has been a change in control of the local council! Light Blue = Reform. Orange = Liberal Democrats3 Contrarian Capitalist takeaways1 - This could be the end of 2 party politics for nowThe Conservatives took an absolute beating. Labour did not fare any better. Reform are on the march and the Liberal Democrats likely benefited from people that wanted a change but did NOT want to vote for Reform. Whilst it is personally difficult to take Ed Davey seriously, the results speak for themselves and we could be seeing a shift in political power.2 - If you are promising a change then you are in the driving seatThis is where Reform stand out. They want change. You want change. They are promising change. What a political party says and does are 2 different things most of the time, yet if Nigel Farage and Reform take power in the next general election, then they will have to deliver.For now, they have control of a lot of local councils and a couple of mayorships. It is imperative that they deliver in their local areas as this could then springboard 2029 and beyond.3 - The results are damning for the Labour + Conservative partiesA lot of this can be placed at the feet of Sir Keir Starmer and the government decision on the winter fuel allowances for pensioners. We have also been various Labour run councils go bankrupt in the last few years. This first test of the polls was an absolute failure for Labour.The Conservatives continue to go from bad to worse. The were reduced to their fewest MP’s ever last July and now this trend is continuing as they lost 674 local seats. This is an annihilation and it seems as though there is no way back at present.SummaryThese results provide a big hope for 2029. Reform and the Liberal Democrats have to deliver in the local areas. Should they achieve this then the 2029 General Election is going to be one of the most interesting elections that we have ever had.No party is perfect, yet these results show that people are ready for a change and that they are more than willing to vote for it.NB - I would personally like to see a UK DOGE. This would help to shape things up.I hope that you found this podcast + written article informative and educational. Please do consider becoming a PAID SUBSCRIBER/FOUNDING MEMBER TODAY and get £9,000 of value for just £12 a month!Contrarian Capitalist PAID Subscribers get:* ALL Market Newsletters (£3,000+ Value) - Weekly Open/Wrap & Monthly Wrap) including charts, analysis & exclusive commentaries* EXCLUSIVE EARLY ACCESS to ALL podcasts (£3,500+ value)* Access to FULL ARCHIVE of ALL posts (£2,500+ value), including commodity deep dives, historical pieces and Layman's articlesContrarian Capitalist FOUNDING MEMBERS get:* Lifetime membership - pay ONCE and NEVER renews! ALL paid subscriber benefits in a ONE-OFF lifetime payment. I plan on doing this for a LONG time, so this is a spectacular long-term option.Thank you in advance for becoming a Paid Subscriber/Founding Member This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit contrariancapitalist.substack.com/subscribe

Today’s podcast guest is Steven Hochberg, Chief Market Analyst at Elliott Wave International. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit contrariancapitalist.substack.com/subscribe

Today’s podcast guest is Matt Smith @ Crisis Investing and of Doug Casey's Crisis Investing & Smith Sense. As per Matt’s Substack bio - I'm the guy that does the podcast with Doug Casey. In a past life - Founder of Royalty Exchange, a jobs portal in the late 1990’s, an ad agency, a marketing analytics business, and several niche publishing companies. I live on a ranch in Uruguay. In this wide-ranging podcast, we discuss:* … This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit contrariancapitalist.substack.com/subscribe

Today’s podcast guest is Tim Price 😃. Tim Price is co-manager of the VT Price Value Portfolio, a private client fund manager and author of 'The War on Cash' (2015) & 'Investing through the looking glass' (2016). "Fiat justitia ruat caelum." Keep the faith! You can find Tim on X at TimPrice1969In this wide-ranging podcast, we discuss:* Ed Miliband and dangerous energ… This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit contrariancapitalist.substack.com/subscribe

Become a PAID SUBSCRIBER/FOUNDING MEMBER TODAY and get £9,000 of value for just £12 a month!Contrarian Capitalist PAID Subscribers get:* ALL Market Newsletters (£3,000+ Value) - Weekly Open/Wrap & Monthly Wrap) including charts, analysis & exclusive commentaries* EXCLUSIVE EARLY ACCESS to ALL podcasts (£3,500+ value)* Access to FULL ARCHIVE of ALL posts (£2,500+ value), including commodity deep dives, historical pieces and Layman's articlesContrarian Capitalist FOUNDING MEMBERS get:* Lifetime membership - pay ONCE and NEVER renews! ALL paid subscriber benefits in a ONE-OFF lifetime payment. I plan on doing this for a LONG time, so this is a spectacular long-term option.A number of articles were mentioned in this video. You can read them using the links below.Bonds in Layman’s termsThe Gold Silver Ratio and potential arbitrage playPodcast/Video with Tim Price This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit contrariancapitalist.substack.com/subscribe

Today’s podcast guest is John Carter of the superb Postcards From BarsoomIn this podcast, we focus mainly on the recent Canadian election and discuss:* Political structural powers* The geographic and voting layout of Canada* Why John Carter was NOT surprised at the recent result* The fact that Ontario has a higher debt than the state of California* The iconic meme that will arise* What Canadians have been doing and can-do moving forwards (not good news)* Ukrainada* Best- and worst-case scenarios for Canada moving forwardsI also highly recommend that you read Ukrainada and John’s recent post-mortem for the Canadian election. The links are below.John was also a guest on the podcast in August 2024. You can listen to that podcast episode below. In this episode we covered politics, various views of remigration/migration/immigration, jail for tweeting, two-tier policing, one party politics and much more.You can also connect with John on X!Become a PAID SUBSCRIBER/FOUNDING MEMBER TODAY and get £9,000 of value for just £12 a month!Contrarian Capitalist PAID Subscribers get:* ALL Market Newsletters (£3,000+ Value) - Weekly Open/Wrap & Monthly Wrap) including charts, analysis & exclusive commentaries* EXCLUSIVE EARLY ACCESS to ALL podcasts (£3,500+ value)* Access to FULL ARCHIVE of ALL posts (£2,500+ value), including commodity deep dives, historical pieces and Layman's articlesContrarian Capitalist FOUNDING MEMBERS get:* Lifetime membership - pay ONCE and NEVER renews! ALL paid subscriber benefits in a ONE-OFF lifetime payment. I plan on doing this for a LONG time, so this is a spectacular long-term option.Thank you in advance for becoming a Paid Subscriber/Founding Member.CC This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit contrariancapitalist.substack.com/subscribe

Today’s podcast guest is Callum Thomas of the excellent Topdown Charts. Topdown Charts is a chart-driven macro research house focused on global asset allocation. Callum is the founder and managing shareholder of Topdown Charts. His career background is in multi-asset investment management in New Zealand and Australia, with a focus on investment strategy and economics.In this wide-ranging podcast/video, Callum Thomas discusses:* The S & P 500 and key technical levels to watch* Investor v Economic sentiment indicators* Why the broader case is to the downside rather than to the upside for the foreseeable future (hence the title of this podcast)* Hard data v soft data charts* A bonus chart too!* And much moreYou can also find Callum Thomas on both LinkedIn and X.NB - It was fantastic to be able to go through the various charts in relation to macro-economic data and the S&P 500. For those listening to the podcast, I would highly recommend watching the video.Become a Paid Subscriber/Founding Member TODAY!Gold. Silver. Metals & Markets. Generate wealth (both financial and freedom) through market analysis/information, expert podcasts & insights, educational writings & prudent Plan B information. Subscribe today!Contrarian Capitalist PAID Subscribers get:* Access to ALL Market Newsletters (Weekly Open/Wrap & Monthly Wrap) including charts, analysis & exclusive commentaries* EARLY ACCESS to all podcasts, featuring expert interviews/analysis on commodities, geopolitics and more* Access to the FULL ARCHIVE, ALL written articles, stock picks & watchlists and the CC Club/CommunityContrarian Capitalist FOUNDING MEMBERS get:* Lifetime membership - pay ONCE and NEVER renews! ALL paid subscriber benefits in a one-off lifetime investment!VIDEOEnjoy and please do subscribe to Topdown Charts! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit contrariancapitalist.substack.com/subscribe

Today’s podcast episode features Charles Hugh Smith of Charles Hugh Smith's Substack and the popular Of Two Minds blog.In this episode we discuss:* Kessler Events and why the next one will be worse than the last* 8 headwinds that are among us* Why the Fed might not ‘save’ the economy* The 1960’s, 1970’s and the social changes that occurred in those decades* Changing demographics and what they mean* Skills and ways to protect yourself in the uncertain times ahead* Adaptability + Plan B importance* And much moreOur first conversation was recorded back in 2024 and you can listen to that below.I’d like to take the time to thank Charles Hugh Smith for coming back to The Contrarian Capitalist for round 2. I’d highly recommend that you check out Charles Hugh Smith's Substack and the popular Of Two Minds blog.You should also read A Decade of HeadwindsBecome a Paid Subscriber/Founding Member TODAY!Gold. Silver. Metals & Markets. Generate wealth (both financial and freedom) through market analysis/information, expert podcasts & insights, educational writings & prudent Plan B information. Subscribe today!Contrarian Capitalist PAID Subscribers get:* ALL Market Newsletters (Weekly Open, Weekly Wrap, Monthly Wrap) including charts, exclusive written & audio commentary* Access to personal stock picks & watchlists via the CC Club. Access to the paid subscriber only chat feature!* Exclusive audios/articles that aim to help you start generating true wealth (freedom & financial)Contrarian Capitalist FOUNDING MEMBERS get:* Lifetime membership - pay ONCE and NEVER renews! ALL paid subscriber benefits in a one-off lifetime investment!Thank you in advance for becoming a Paid Subscriber/Founding Member.CC This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit contrariancapitalist.substack.com/subscribe

In this engaging discussion, Matthew Piepenburg, a finance pro and co-author of Gold Matters, delves into vital topics like the significance of bond yields as market indicators and the implications of rising national debt. He critiques U.S. monetary policy's impact on global economies while emphasizing the timeless value of gold as a safeguard against inflation. With insights on tariffs, central bank policies, and the need for financial education, Piepenburg encourages listeners to think critically about their wealth preservation strategies.

Today’s podcast features Chris Stadele of the popular LiveSquawk Commodity Corner newsletter.In this thoroughly informative podcast, Chris and I discuss:* Tariffs/recent exemptions and non-exemptions on commodities* The 1 element that Chris is quasi-bullish on - and why* A recent company CC invested in and why (not a financial recommendation)* A plethora of elements including gold, silver, platinum, palladium, rhodium and the potential outlooks and plays that are available* The importance of having physical metals as part of your portfolio* And much moreYou can keep in touch with Live Squawk using the following links:https://x.com/ChrisStadelehttps://x.com/LiveSquawkhttps://www.livesquawk.com/https://www.linkedin.com/in/chris-stadele-7672304/The Contrarian Capitalist aims to help you become wealthier & a better investor through educational writings, market analysis, expert podcasts & prudent Plan B information. Subscribe today + join the growing community!Contrarian Capitalist FREE subscribers get:* Access to podcast/audios on Tuesdays and Thursdays* 1 free written article on Wednesdays (sometimes this is a podcast/audio)Contrarian Capitalist PAID Subscribers get:* Access to ALL Newsletters – Weekly Open + Weekly & Monthly Wraps (includes charts + commentary of major indices, metals & more)* Access to my personal stock picks, watchlists & Market/Plan B insights through the CC Club + Community* The ability to become a better investor through educational pieces & prudent Plan B information that aims to help protect you & your familyContrarian Capitalist FOUNDING MEMBERS get:* Lifetime membership - pay ONCE and NEVER renews! ALL paid subscriber benefits in a one-off investment!Thank you in advance for becoming a paid subscriber/Founding Member.CC This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit contrariancapitalist.substack.com/subscribe