Actionable Intelligence Alert

A bit of a riff on REM's song title "It Is The End Of The World As We Know It."  Lot's of talk in the media recently about the end of fossil fuels and energy transitions. How realistic is this? How long will it take? Wht are oil prices rising and will they continue?  We get into this week.  Ninepoint Partners Report https://www.ninepoint.com/commentary/...​  Goehring & Rozencwajg http://gorozen.com/research/commentaries

Sir Issac Newton, who many say was the smartest human ever, got caught up in the FOMO of the South Seas Bubble. He made some money at the start and got out. But seeing his friends get rich caused his FOMO to soar. He got in big at the top and lost most of his money.  History repeats with the FOMO and greed that we have seen in this bubble market.  I also discuss the 68% gain in Athabasca Oil Sands since I mentioned it in my past video from last week.

Because of the central banks zero interest policy and over prinitng of currency to deal with the huge debt situation most people have been turned into speculators and now gamblers.  In my view the recent Gamestop short hedge fund body slam, although amusing, is just more rank speculation and will end in tears for most players.

With all the money being created and injected into the economy to fight covid I am expecting a reopening of the economy to lead to a Crack Up Boom. The increased money will outstrip the economies ability to prodcue goods and services which will lead to rising prices. It will look and feel good at first but will have the potential to end in disaster.

In todays interview I talk with Ladislas Maurice of “The Wandering Investor” blog about international real estate investing. After a brief introduction I ask Ladislas about the advantages and pitfalls of international real estate.  What to be wary of and how to go about buying real estate in a foreign country. To end we discuss his top three real estate investment destination for 2021; Tashkent, Kyiv, and the brand-new administrative district being constructed east of Cairo Egypt.  Link to Wandering Investor

“Typically, a banana republic has a society of extremely stratified social classes, usually a large impoverished working class and a ruling class plutocracy, composed of the business, political, and military elites of that society.” Like all Banana Republics, the US economy and social structure is now on the way to perdition with virtually nil chance for Biden & Co to reverse the inevitable course of events.

President Joe Biden is proposing a $3 Trillion so called stimulus package. He said, “economic research confirms that with conditions like the crisis today, especially with such low interest rates, taking immediate action - even with deficit financing - is going to help the economy.” Not sure what experts he is talking about but the great reflation trade has begun.

The title of this video is a riff on one of Yogi Berra's famous quips about predictions. We had a great Q4 with our stock picks and an awesome year overall. I review the portfolio's performance and discuss some things I am watching for in 2021.

In the 2018 Berkshire letter to shareholders Warren Buffett said the following,"Charlie and I happily acknowledge that much of Berkshire’s success has simply been a product of what I think should be called The American Tailwind. It is beyond arrogance for American businesses or individuals to boast that they have “done it alone.” The tidy rows of simple white crosses at Normandy should shame those who make such claims. I am wondering if the things that made up that "American Tailwind" now turning into a headwind. Higher taxes, stupid regulations, goofy politicians, and the constant growth of the state are not what made an environment for Berkshire to prosper.

Experienced trader and offshore oil drilling expert, Trader Ferg, discusses the breakout in uranium and the upcoming bull market in oil. He also talks about his experience with offshore drilling and the future of the industry. Additionally, he explores the challenges of battery storage for renewable energy and the appeal of Bali as a tourist destination.