Futures Edge Show: Finance Unfiltered with Jim Iuorio and Bob Iaccino

Jeffrey Tucker (@jeffreyatucker), founder and president of the Brownstone Institute, explores the topic of inflation and its impact on the economy. Tucker raises questions about the accuracy of inflation data and discusses various factors that are not included in the Consumer Price Index (CPI), such as interest charges, housing costs, fees, and taxes. They discuss the flaws in the CPI and PCE measurements, the effects of shrinkflation on consumer goods, and the implications for businesses and the economy. He argues that the true decline in purchasing power of the dollar over the past four years may be much higher than the reported 23%. Tucker also highlights the effect of inflation on GDP and suggests that the current economic situation may be more akin to a Great Depression than a recovery. Takeaways: -Inflation data may not accurately reflect the true decline in purchasing power of the dollar. -The decline in retail sales and factory orders may be underestimated due to inflation. -The discrepancy between establishment and household job numbers suggests a potential inflationary Great Depression. Chapters: 00:00 Introduction and Topic Discussion 01:26 Questioning the Accuracy of Inflation Data 05:32 The Impact of Inflation on Retail Sales and Factory Orders 07:15 Is the Current Economic Situation a Recovery or a Great Depression? 08:16 The Inflation-Influenced Discrepancy in Job Numbers 9:00 Discussion on Inflation Measurement 11:59 The Possibility of a High Inflationary Economic Depression 16:46 Impact of Shrinkflation on Consumer Prices 21:40 Challenges in the Commercial Real Estate Market 26:26 Misconception of Price Gouging Produced by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Haynow Media

Jim and Bob dissect the aftermath of last night’s US Presidential debate. They share their initial thoughts and personal reactions, particularly focusing on the troubling signs of cognitive decline in President Biden. Bob opens up about his emotional response, drawing parallels to his father’s battle with dementia. The conversation shifts to the media’s portrayal of the debate, highlighting the gaslighting from left-leaning outlets and the lack of critical questioning from moderators. Jim and Bob then analyze the market’s reaction to the debate, exploring the implications of a potential Trump presidency on the economy and stock market. They discuss the differences between Trump and Biden’s economic policies, particularly in terms of regulation and inflation. Chapters 00:00 Introduction and Initial Thoughts 02:17 Debate Analysis and Fact-Checking 04:16 Market Reaction and Presidential Preferences 06:41 Pro-Business Policies and Economic Performance 07:22 Importance of Accurate Policy Analysis 08:18 Conclusion and Invitation to Tune In Produced by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Haynow Media

How does advocating for women's rights intersect with the current debates on gender and sports? In an engaging interview with Jim and Bob, Jennifer Sey (@jenseyf), the founder of XX-XY Athletics and former chief marketing officer of Levi's, delves into her extensive experience in the fashion industry and her bold decision to launch her own brand. The discussion emphasizes Jennifer's commitment to advocating for women's rights in sports and explores the controversial topic of wokeness in corporate America. The conversation takes a deep dive into the contentious issue of transgender athletes in women's sports, scrutinizing the biological differences between males and females and the resulting fairness of competition. They examine the implications of allowing transgender women to compete against biological women, considering the potential impact on Title IX and the integrity of women's sports. Throughout the discussion, the need for truth and fairness in the face of political correctness is underscored, highlighting the importance of protecting women's rights and ensuring a level playing field in sports. Chapters 00:00 Introduction and Background 03:18 Starting XXXY Athletics and Standing Up for Women's Rights in Sports 13:30 The Importance of Truth and Quality in Branding 22:32 The Controversy of Biological Men in Women's Sports 32:52 The Debate Over Transgender Athletes 38:19 Eliminating Sex-Based Categories 44:19 Protecting Women's Rights in Sports 49:00 The Implications of Rewriting Title IX 52:42 Normalizing Everything and the Role of Moms Produced by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Haynow Media

Why is gold valuable and how does it hedge against economic uncertainties? Gold's imperviousness, scarcity, and historical use as money make it valuable. It serves as a store of value, protects against government actions and inflation, and acts as a portable, risk-free form of wealth. Gold also hedges against stock movements with its inverse correlation to traditional assets. American Gold Exchange President Dana Samuelson has spent 42 years trading precious metals and rare U.S. gold and silver coins. He joins podcast hosts Jim and Bob to discuss the factors driving the current bull market in gold, from increased central bank buying to concerns about the stewardship of currency, as well as different ways to invest in gold, such as physical coins, ETFs, and mining stocks. He explains the numismatic value of vintage coins and the potential impact of gold's utility in various industries, highlighting the role of gold as a tangible asset and a hedge against inflation and currency devaluation. Gold in an IRA is a good idea, but it's important to deal with a trusted seller who offers the right products at the right pricing. He reveals why it is important to have a dealer that has the client's interests at heart because some sellers of precious metals take advantage of unsuspecting clients by selling collector items at higher prices. Gaining yield on gold can be achieved through strategies like selling call spreads. He also reveals why the culture for gold is stronger in Asia and India compared to the US.  This episode is sponsored by American Gold Exchange  Learn more https://www.amergold.com/  Takeaways Gold is experiencing a multi-year bull market driven by increased central bank buying and concerns about the stewardship of currency. Investors can choose to invest in gold through physical coins, ETFs, or mining stocks. Vintage coins with numismatic value can offer a double play of gold appreciation and premium expansion. Gold's utility in various industries, such as medicine and space technology, may contribute to its long-term value. Gold serves as a tangible asset and a hedge against inflation and currency devaluation. Gold is a portable and transferable form of wealth with no counterparty risk. Gold has an inverse correlation to most traditional assets and can be a hedge against stock movements. When investing in gold in an IRA, it is important to deal with a trusted seller who offers the right products at the right pricing. Some sellers of precious metals take advantage of unsuspecting clients by selling collector items at higher prices. Strategies like selling call spreads can be used to gain yield on gold. Gold's imperviousness and scarcity make it valuable and it has a long history as a form of money. The culture for gold is stronger in Asia and India compared to the US. Gold is considered a store of value and a way to protect against government actions and inflation. Chapters 00:00 The Bull Market in Gold: Drivers and Trends 06:21 Investing in Gold: Physical Coins, ETFs, and Mining Stocks 08:14 The Numismatic Value of Vintage Coins 23:40 Gold as a Tangible Asset and Hedge Against Inflation 24:08 The Appeal of Gold: Portable and Transferable Wealth 24:30 Gold as a Hedge and Investment in an IRA 25:26 Dealing with Trusted Sellers in the Precious Metals Market 26:36 Gaining Yield on Gold through Strategies like Call Spreads 33:56 The Imperviousness and Scarcity of Gold 36:06 The Cultural Differences in Gold Appreciation 41:18 Gold as a Store of Value and Protection Against Government Actions and Inflation Produced by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Haynow Media

Podcast hosts Jim Iuorio (⁠⁠⁠⁠⁠⁠⁠⁠⁠@jimiuorio⁠⁠⁠⁠⁠⁠⁠⁠⁠) and Bob Iaccino (⁠⁠⁠⁠⁠⁠⁠⁠⁠@Bob_Iaccino⁠⁠⁠⁠⁠⁠⁠⁠⁠) are joined in their monthly technical analysis discussion with Michael Arnold (⁠@mgarnold⁠) of Path Trading Partners. They host an engaging and comprehensive discussion on trading, encompassing a variety of commodities such as gold, silver, crude oil, uranium, and the dollar index. The conversation underscores the strategic importance of trading around a core position using multi-timeframe analysis. They delve into the nuances of technical analysis and differentiate between investing and gambling. Furthermore, the dialogue explores the influence of global events on financial markets and the critical role of probability in trading decisions. The discussion takes intriguing detours into diverse topics, including artificial intelligence, where they examine the potential ramifications of AI on the software industry. Takeaways Exploration of economic tipping points and the impact on the stock market Insights into the music industry and the use of AI in software development Technical analysis of the stock market and metals using multi-timeframe analysis Trading around a core position is emphasized for long-term bullish bias. Technical analysis plays a crucial role in identifying potential trade setups. Investing in stocks is compared to playing the odds at a craps table, while meme stocks are likened to a high-risk gamble. The impact of global events on the financial markets is discussed, highlighting the need to adapt to changing market conditions. Probability and slanting probability in favor are key concepts in trading, emphasizing the importance of risk management and strategic decision-making. Chapters 00:00 Tie-Dye Shirts and the Grateful Dead 03:02 Economic Tipping Points and Market Analysis 15:54 AI in Software Development 34:16 Crude Oil Analysis and Market Dynamics 37:45 Discussion on Meme Stocks and Gambling Mentality 57:55 Engaging with the Audience and Concluding Remarks

It’s no secret the state of Illinois is near and dear to the hearts of podcast hosts Jim Iuorio (⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@jimiuorio⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠) and Bob Iaccino (⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@Bob_Iaccino⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠), who frequently reference Illinois’ economy and government throughout the Futures Edge show. That’s why this episode focuses on the challenges facing Illinois and the efforts of Wirepoints, a think tank that provides unbiased analysis and commentary on Illinois politics and finance. Wirepoints’ Founder and Executive Editor Mark Glennon (@GlennonMarkE) and President Ted Dabrowski (@ilpoliski) break down the financial crisis in Illinois, the impact of migration on the state, the role of federal money in undermining federalism, the rise in crime and its connection to equity policies, and the potential for inflation to help address Illinois' debt. The conversation highlights the need for data-driven analysis and the importance of educating the public about the state's problems. They cover various topics, including the financial crisis in Chicago, the impact of migration on voting blocks, the state of education in Illinois, green policies, and the upcoming Democratic National Convention in Chicago. They also discuss Chicago's challenges, such as high crime rates, underfunded pensions, and population loss. They touch on the potential for a federal bailout, the role of unions in negotiating with the government, and the need for disruptive changes in the education system.  Key Takeaways:  Illinois is facing a severe financial crisis, with a significant loss of taxpayers and income due to migration out of the state. The influx of federal money as COVID relief has provided temporary relief but has also undermined the federalist system and delayed necessary reforms. The rise in crime in Illinois is linked to equity policies that prioritize the rights of criminals over the safety of the community. Donations are crucial for organizations like Wirepoints to continue their work in advocating for change and educating the public about the state's problems. While inflation may provide some temporary relief for Illinois' debt, the long-term solution requires addressing the state's pension crisis and reducing the burden of public sector pensions. Chicago is facing a financial crisis due to high crime rates, underfunded pensions, and the loss of population. The impact of migration on voting blocks and elections is a growing concern, particularly among the black community. The education system in Illinois is in need of disruptive changes, such as school choice, to improve outcomes for students. Green policies in Illinois, such as the Clean Energy Jobs Act, have led to challenges in infrastructure and the allocation of resources. The upcoming Democratic National Convention in Chicago raises concerns about potential protests and unrest. Support for independent media outlets like Wireoints is crucial for providing unbiased analysis and commentary on Illinois politics and finance. Chapters:  00:00 Introduction and Light-hearted Banter 02:00 The Role of Michael Madigan in Illinois' Problems 05:14 The Impact of Federal Money on Illinois and Undermining Federalism 09:24 The Rise in Crime and its Connection to Equity Policies 15:47 The Importance of Donations for Organizations like WirePoints 27:28 The Financial Crisis in Chicago 32:46 Disruptive Changes Needed in the Education System 34:37 Challenges and Concerns with Green Policies 48:59 The Democratic National Convention 53:42 Supporting Independent Media: WirePoints This episode is sponsored by Mint Mobile.  $15 for your first 3 months. Visit site below:  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠trymintmobile.com/futuresedge  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Produced by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Haynow Media

Podcast hosts Jim Iuorio (⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@jimiuorio⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠) and Bob Iaccino (⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@Bob_Iaccino⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠) discuss the recent comeback of oil prices and the factors driving it. They also touch on the topics of climate change, EVs, and the proposed increase in capital gains tax. They express concerns about the potential impact of excessive government spending on the economy and the demand for treasuries. They also discuss the rising real estate market and its implications. The conversation covers various topics including the impact of wage increases on the restaurant industry, the current state of the labor market, the effects of inflation on consumer behavior, and the role of presidents in shaping the economy.  Chapters: 00:00 Navigating the Oil Market: Technical and Fundamental Factors 03:40 Climate Change and Energy Transition: Wood and Nuclear Power 08:06 Taxation and Its Economic Impact: Capital Gains and Policy Proposals 23:08 Real Estate Market Trends: Price Escalation and New Home Construction 25:40 The Impact of Wage Laws on the Restaurant Industry 27:39 Inflation, Government Spending, and Economic Policies 44:13 The Historical Significance of Architecture in Chicago This episode is sponsored by Mint Mobile.  $15 for your first 3 months. Visit site below:  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠trymintmobile.com/futuresedge  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Produced by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Haynow Media

Bitcoin's halving event, which occurs every four years, is bullish as it limits the supply of Bitcoin and increases its scarcity. Bitcoin has become harder than gold, making it the most scarce and hardest asset. Natalie Brunell, host of the Coin Stories podcast (@natbrunell), joins the Futures Edge show to discuss Bitcoin and its potential as a store of value. She explains to podcast hosts Jim Iuorio (⁠⁠⁠⁠⁠⁠⁠⁠⁠@jimiuorio⁠⁠⁠⁠⁠⁠⁠⁠⁠) and Bob Iaccino (⁠⁠⁠⁠⁠⁠⁠⁠⁠@Bob_Iaccino⁠⁠⁠⁠⁠⁠⁠⁠⁠) the concept of the halving and its bullish impact on Bitcoin's price. Natalie compares Bitcoin to gold, highlighting Bitcoin's scarcity and its potential to outperform gold as a store of value. She also discusses the institutional adoption of Bitcoin through ETFs and the potential for more companies to allocate Bitcoin to their balance sheets in the future. She emphasizes self-custody's empowerment and praises Bitcoin's decentralization and resistance to hacking and corruption. We explore the flaws of the current monetary system and the potential of Bitcoin to create a fairer and more transparent financial system. She discusses the importance of education and open-source development in the Bitcoin community. Key Takeaways: -Institutional adoption of Bitcoin through ETFs has legitimized Bitcoin and is driving demand, particularly from retail investors. -Bitcoin is seen as a better store of value than gold due to its improved qualities and potential for higher returns. -The institutional adoption of Bitcoin is expected to increase over the next six to twelve months, as more companies allocate Bitcoin to their balance sheets. Bitcoin's potential for widespread adoption is expected to increase with more time, education, and support from big companies. -Self-custody of Bitcoin allows individuals to have control over their wealth and protects against confiscation, manipulation, and debasement. -Bitcoin's functionality as a medium of exchange is facilitated by secondary layer protocols like the Lightning Network. -Bitcoin's decentralization and resistance to hacking make it a secure and trustworthy asset. -Privacy tools are needed to protect individuals' financial transactions and prevent surveillance by third parties. -Bitcoin has the potential to create a fairer and more transparent financial system by eliminating intermediaries and corruption. Chapters: 00:00 Introduction and Childhood Memories 07:16 The Bullish Nature of the Bitcoin Halving 15:00 Bitcoin vs. Gold: Comparing Store of Value 25:23 Institutional Adoption of Bitcoin through ETFs 26:30 The Need for Education and Understanding about Bitcoin 27:22 The Potential of Bitcoin as a Store of Value 28:00 The Importance of Self-Custody in Bitcoin 30:09 The Functionality of Bitcoin and the Use of Lightning Network 36:09 The Need for Privacy Tools in Bitcoin 43:25 The Decentralization of the Bitcoin Network 49:19 The Role of Education in Bitcoin Adoption This episode is sponsored by Mint Mobile.  $15 for your first 3 months. Visit site below:  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠trymintmobile.com/futuresedge  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Produced by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Haynow Media

Podcast hosts Jim Iuorio (⁠⁠⁠⁠⁠⁠⁠⁠@jimiuorio⁠⁠⁠⁠⁠⁠⁠⁠) and Bob Iaccino (⁠⁠⁠⁠⁠⁠⁠⁠@Bob_Iaccino⁠⁠⁠⁠⁠⁠⁠⁠) are joined in their monthly technical analysis discussion with Michael Arnold (@mgarnold) of Path Trading Partners. In this conversation, the hosts discuss various topics including the state of Chicago, the potential for inflation, and trading opportunities in commodities. They touch on the increase in cocoa prices and its impact on businesses, the outlook for crude oil, and the long-term potential for gold. They also mention the importance of understanding the risks involved in futures trading and the need to diversify investments. They touch on the potential impact of the US government's profligate spending on the economy and the fiscal situation resembling that of Japan. They also analyze the S&P, NASDAQ, and Russell indices, looking for potential trading opportunities and discussing key levels to watch. Additionally, they discuss the technical analysis of Diamondback Energy and copper, considering potential pullbacks and entry points. Takeaways: -Chicago's current state and safety concerns are debated, with differing opinions on the severity of the situation. -Cocoa prices have seen a significant increase, leading to higher costs for businesses that use chocolate. -Crude oil is seen as a strong area of focus, with short-term weakness but long-term strength. -Gold is viewed as a long-term investment, with potential for a pullback before a potential rebound. -The stock market valuations are high, and the S&P risk premium is low, indicating potential overvaluation. -Diamondback Energy and copper show potential for pullbacks and entry points for long-term investments. Chapters: 00:00 Introduction and Discussion on Chicago 06:03 The Potential for Inflation and its Impact on Markets 08:09 The Increase in Cocoa Prices and its Impact on Businesses 27:25 The Long-Term Potential for Gold 32:00 The Risks of Futures Trading and the Importance of Diversification 32:29 The Impact of Government Spending 35:32 Analyzing the S&P, NASDAQ, and Russell Indices 46:30 Technical Analysis and Trading Opportunities 50:42 Long-Term Investments in Diamondback Energy and Copper This episode is sponsored by Mint Mobile.  $15 for your first 3 months. Visit site below:  ⁠⁠⁠⁠⁠⁠⁠⁠⁠trymintmobile.com/futuresedge  ⁠⁠⁠⁠⁠⁠⁠⁠⁠ Produced by ⁠⁠⁠⁠⁠⁠⁠⁠⁠Haynow Media

Curiosity plays a crucial role in personal and professional development. Self-described curiosity sherpa Tom Morgan (@tomowenmorgan) is the author of the substack "What's Important?" and joins the Futures Edge to explore the idea that curiosity is an attractor and that following one's curiosity can lead to a more fulfilling life. Podcast hosts (⁠⁠⁠⁠⁠⁠⁠@jimiuorio⁠⁠⁠⁠⁠⁠⁠) and Bob Iaccino (⁠⁠⁠⁠⁠⁠⁠@Bob_Iaccino⁠⁠⁠⁠⁠⁠⁠) discuss their own experiences with curiosity and how it has shaped their interests and careers. They also discuss the balance between left-brain and right-brain thinking and the importance of openness and discernment. The conversation includes a discussion on wisdom, knowledge, and intuition, exploring the importance of intuition and experience in decision-making, the need for hemispheric balance, and the value of service and connection. They dive into the concept of complexity, the integration of differentiated parts, and the role of metaphors in understanding and communicating ideas. They also touch on the pitfalls of self-sacrifice and the importance of finding meaningful work that aligns with one's strengths and interests. The key takeaways include the need to attribute intelligence to external sources, the importance of accurate metaphors in understanding reality, and the value of pattern recognition and intuition in investing and decision-making. Takeaways -Curiosity is an attractor and following one's curiosity can lead to a more fulfilling life. -There is a balance between left-brain and right-brain thinking, and both are important for personal and professional development. -Openness and discernment are key in exploring new interests and ideas. -Wisdom is not necessarily tied to age, but is developed through experience and intuition. Intuition and experience are crucial in decision-making, and the depth of one's database of knowledge and experience is essential in assessing the value of intuition. -Hemispheric balance, with a focus on integrating the left and right hemispheres of the brain, is important for optimal decision-making and overall well-being. -Finding meaningful work that aligns with one's strengths and interests is crucial for happiness and fulfillment. -Accurate metaphors and the ability to attribute intelligence to external sources are valuable in understanding and communicating complex ideas. -Pattern recognition and intuition play a significant role in investing and decision-making, and the ability to accurately interpret signals and triggers is essential. Chapters: 00:00 Introduction and Personal Stories 03:14 The Role of Curiosity in Personal Development 10:18 The Power of Following Curiosity 21:29 The Balance Between Left-Brain and Right-Brain Thinking 25:19 The Influence of Psychedelics on Brain Hemispheres 26:27 Wisdom, Knowledge, and Intuition 26:35 Intuition and Experience in Decision-Making 33:15 Hemispheric Balance and Finding Meaningful Work 38:39 The Importance of Connection to the Environment 44:32 Meaningful Coincidences and Intuition 49:54 Attributing Intelligence and the Value of Metaphors 57:21 Pattern Recognition and Intuition in Investing This episode is sponsored by Mint Mobile.  $15 for your first 3 months. Visit site below:  ⁠⁠⁠⁠⁠⁠⁠⁠trymintmobile.com/futuresedge  ⁠⁠⁠⁠⁠⁠⁠⁠ Produced by ⁠⁠⁠⁠⁠⁠⁠⁠Haynow Media