Thoughtful Money with Adam Taggart

In this engaging discussion, Andy Schectman, CEO of Miles Franklin, dives into silver's recent price fluctuations and whether the boom has peaked. He explains how CME margin hikes have affected speculators and analyzes the bullish signals from record COMEX deliveries. Andy also touches on the implications of China's export restrictions and rising retail interest in precious metals. With bold predictions, he suggests silver could hit $100 or even $200, while advising on strategic allocations between silver and gold.

Lance Roberts, a seasoned portfolio manager and market commentator, shares his insights into the current stock market landscape. He unveils concerns about overvalued stocks and discusses the likelihood of mean reversion by 2026. Inflation and bond yield forecasts hint at economic moderation, while jobs growth shows signs of weakness. Lance also emphasizes the importance of risk management in investment strategies, advocating for defensive trades amidst market volatility. Plus, he delves into the implications of recent trades in silver and housing market challenges.

Kirk Sorensen, President and Chief Technologist at Flibe Energy, passionately unpacks the potential of thorium as a game changer for nuclear energy. He discusses China's advancements in molten-salt technologies, highlighting thorium's superior fuel efficiency—200 times better than uranium. Sorensen explains the safety benefits of molten-salt reactors, including lower meltdown risks and fewer radioactive waste concerns. He critiques U.S. policy's historical bias toward uranium and discusses how thorium could turn existing nuclear waste into new energy sources.

Jim Bianco, President and Macro Strategist at Bianco Research, joins to discuss the complex economic landscape ahead. He warns that Fed mistakes could reignite inflation as job needs shrink due to immigration shifts. Bianco contrasts wage stagnation with rising prices, emphasizing persistent affordability issues. He highlights the unequal spending power of the top 10% and discusses the long-term implications of AI on job markets. The conversation dives into the intricacies of inflation dynamics, government spending, and strategies for navigating the economic future.

John Lodra and Mike Preston of New Harbor Financial dive into their market predictions for the upcoming year. They discuss signs of volatility and the potential for a bear market in 2026. The duo touches on tactical hedging, the importance of sector rotation, and the potential of precious metals, particularly silver and gold. They also emphasize the role of financial advisors in managing investments and promoting purposeful wealth usage. Plus, they share insights into helping clients navigate emotional aspects of finance.

Michael Lebowitz, a portfolio manager and market commentator, dives into the tumultuous landscape of 2026. He highlights mid-term elections, potential Supreme Court tariff rulings, and rising concerns over the AI bubble as key destabilizers that could unsettle Wall Street. The discussion also delves into silver's surging demand and past market interventions, while emphasizing the importance of tailored hedging strategies for investors. With bond yields anticipated to fall and a volatile stock market on the horizon, Lebowitz advises on the potential benefits of active management.

Jennifer Wallace, New York Times bestselling author and researcher, dives into the concept of 'mattering' in relation to our sense of purpose and wellbeing. She highlights the evolutionary importance of feeling like we matter and the dire consequences of unmet mattering needs, such as loneliness and mental health issues. The conversation explores how modern individualism and tech erode our sense of connection, while offering practical steps to rebuild this essential aspect of life. Jennifer also emphasizes the significance of intrinsic values and everyday rituals in fostering a sense of belonging.

Independent journalist Matt Taibbi, known for his work on the 2008 financial crisis and the Twitter Files, discusses pressing societal issues. He critiques inadequate reforms since the financial crash and the casino-like atmosphere of post-COVID trading. Taibbi links the rise of socialism among youth to economic disillusionment and cultural shifts. He warns of the dangers of cancel culture and emphasizes the need to defend free speech and historical context to prevent authoritarianism. His insights shed light on the interplay between economics, culture, and civil liberties.

In this engaging discussion, market veteran Kevin Muir, founder of The Macro Tourist newsletter, dives into the hot topic of potential stock market bubbles. He expresses concern over the extreme valuations, especially among the tech giants, predicting a possible 33-50% correction ahead. Kevin also highlights the conflicting economic signals and how trade policies might affect capital flows. He warns against the risks of concentrated tech portfolios and suggests a shift towards small caps and commodities may be on the horizon.

In this engaging discussion, Lance Roberts, a savvy portfolio manager and financial commentator dubbed the 'prudent protector,' delves into the alarming state of the stock market, suggesting it could be 50-60% overvalued. He highlights the risks of a significant market correction and stresses that many investors aren't prepared for it. Lance also shares insights on potential year-end rallies, the impact of inflation, and effective strategies for constructing resilient portfolios, emphasizing the importance of liquidity and allocation discipline.