The David Lin Report

Terrence Lynch, CEO of Power Metallic Mines Inc., leads the discussion on his company's exciting mineral discovery in Quebec that skyrocketed its stock price. He highlights the early stage of the precious metals bull market, emphasizing the role of mining funds over generalist investors. Lynch delves into Quebec's pro-mining benefits, future copper demand driven by electrification, and the significance of platinum and palladium in their projects. He shares insights on strategic partnerships and the vision for expanding Power Metallic's operations.

Richard Smith, Chairman of the Foundation for the Study of Cycles, delves into the implications of long-term economic cycles. He argues that the U.S. is entering a phase of rising interest rates and persistent inflation due to record debt levels. Smith highlights the historical context of a staggering $37 trillion debt, the potential for stagflation, and impending market dynamics. He also explores how collective human behavior drives cycles, warns of asymmetrical risks, and examines the effects of geopolitical factors like U.S.-China relations on financial stability.

Ronald-Peter Stoeferle, Managing Partner of Incrementum AG and author of the In Gold We Trust report, shares his insights on precious metals. He predicts gold might hit $8,900 by 2030, driven by rising inflation and significant central bank purchases. Stoeferle also discusses the interrelationship between gold, Bitcoin, and equities, attributing their rally to shifting market dynamics. He emphasizes emerging market demand and de-dollarization as key drivers, while playfully suggesting silver could outperform in the near future.

Glenn Kelman, CEO of Redfin and housing market expert, discusses the emerging buyer's market, claiming it's the most favorable in a decade due to rising inventory and waning seller confidence. He highlights regional shifts, pointing to the Midwest's resilience compared to coastal areas. Kelman also delves into the impact of rate changes and inflation on mortgage dynamics, emphasizing increased purchasing power for buyers. He critiques the current state of new home sales and the challenges of builder costs, leaving listeners pondering the uncertain outlook for 2026.

Sandy Kaul, Executive Vice President at Franklin Templeton, dives into the world of digital transformation in finance. She discusses how asset tokenization is reshaping investments and the regulatory landscape, paving the way for more accessible crypto products. Sandy highlights the implications of blockchain technology for traditional markets and how crypto ETFs could become mainstream. She also shares insights on bringing crypto into retirement plans and the exciting partnership between Franklin Templeton and Binance, hinting at a future where tokenized assets revolutionize trading.

Ian Harris, CEO of Copper Giant and a seasoned mining executive, dives deep into the surging demand for copper driven by AI data centers. He predicts that copper prices could skyrocket to $10 per pound due to a looming supply shortage. Harris highlights the strategic significance of his Makoa project in Colombia, emphasizing its potential for rapid production and infrastructure advantages. He also discusses China’s dominance in smelting and the need for the U.S. to increase domestic copper capacity to meet rising consumption demands.

Richard D. Wolff, an economist and co-founder of Democracy at Work, discusses the shifting global power dynamics with a focus on China overtaking the U.S. He argues that concerns about Russia's incursions into Europe stem from political theater rather than imminent threat. Wolff also explores how U.S. isolation and the rise of BRICS highlight the waning influence of the West. With tensions in Ukraine and the implications of Trump's foreign policy, he poses that the future global policeman may well be China, promoting a need for cooperation.

Sergey Nazarov, the founder of Chainlink and a leading voice in decentralized finance, dives into the future of finance. He discusses how Fed policy impacts DeFi yields and the growing role of stablecoins as frictionless payment methods amidst deglobalization. Nazarov also distinguishes between reserve and algorithmic stablecoins, foreseeing significant growth for both. He explores how tokenization can reshape commerce and why banks partner with Chainlink for its oracle solutions, ensuring reliable financial data on-chain.

John Passalacqua, CEO of First Phosphate Corp., dives into the critical future of lithium iron phosphate (LFP) batteries. He discusses how LFP’s growth is vital for energy storage and AI applications. John highlights Tesla's shift towards localizing their supply chains, addressing risks tied to Chinese dominance. He shares details about First Phosphate's Quebec project, aiming to produce North American LFP cells, and the strategic importance of their findings for enhancing local economies and building resilience in the battery supply chain.

Adam Kobeissi, Founder and Editor-in-Chief of The Kobeissi Letter, discusses the macroeconomic landscape, predicting stock, gold, and Bitcoin surges as the Fed may cut rates despite rising inflation. He explores labor market weakness, the impact of AI on trading, and historical S&P movements post-rate cuts. Kobeissi also warns about tech concentration risks in the S&P, shares insights on younger investors' interests in crypto and gold, and speculates on potential housing market dynamics related to interest rates.