Tim Price: Real Assets are Returning to the Playbook of the 1970s
Palisades Gold Radio
Tom welcomes back Tim Price from Price Value Partners, to discuss the happenings on the other side of the pond. Price shares concerns over Europe's chaos, comparing it unfavorably to the US under Trump, who he sees as reducing 'woke culture' and neo-Marxist economic policies. He criticizes the media for losing credibility due to untruths and emphasizes the importance of understanding debt economics. Price reflects on his experiences during the exchange rate mechanism crisis and shares skepticism towards state planning, believing it has historically failed. Tim also covers the potential swing from left to right in politics and corruption issues, with Trump's election seen as a possible catalyst for change.
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Additionally, gold or non-fiat money is suggested as an alternative to the corrupted monetary system. Price calls for individual empowerment and market efficiencies, criticizes central banks, and advocates for real assets and value investing. He discusses potential implications of Bitcoin reaching new heights and Tether's role in it. Throughout the interview, Tim Price encourages listeners to consider traditional investments like gold and silver, often overlooked despite their attractive valuations compared to the stock market.
Time Stamp References: 0:00 - Introduction 0:39 - State of Europe 2:48 - Trump & Pendulum Swings 7:54 - Trends & Growing Debt 10:17 - Bond Mkt Predictions 15:50 - Endemic Issues 20:23 - Milei & Trump 22:04 - Global Cuts & Change 23:00 - Fixing Corrupt Money 26:55 - The Invisible Hand? 31:34 - 40-Year Rate Regime 37:30 - Too Early & Wrong 44:53 - Silvers Potential 48:04 - Finding Cheap Assets 50:00 - Bitcoin 100k 50:55 - Dollar Strength? 55:42 - Time & Cheap Assets 59:43 - Miners Underperformance 1:02:17 - Contraian-isms 1:03:07 - Wrap Up
Talking Points From This Episode
- Europe's chaos contrasted unfavorably to US under Trump, with concerns over 'woke culture' and neo-Marxist economic policies.
- Media narratives criticized for losing credibility due to untruths, stressing importance of understanding debt economics in politics.
- Skepticism towards state planning historically, individual empowerment, real assets, value investing promoted.
Guest Links: Twitter: https://twitter.com/TimPrice1969 Website: https://www.pricevaluepartners.com/ War On Cash: https://www.pricevaluepartners.com/war-on-cash/ Articles: https://www.pricevaluepartners.com/commentary Tim's Podcast: State of the Markets
Books Tim's Book (Amazon): https://www.amazon.ca/Investing-Through-Looking-Glass-Irrational/dp/0857195360 Tim's Book (Free PDF)
Book Recommendations: 180 Degrees (Amazon): http://tinyurl.com/3vjvpnud Mises Link - 40 Centuries of Wage and Price Control: The Origin of Wealth - Eric Beinhocker
Tim Price has worked in the capital markets for over 30 years. A graduate of Christ Church, Oxford, he spent a decade as a bond specialist before going on to serve as Chief Investment Officer at three separate wealth management firms.
Tim has been shortlisted for five successive years in the UK Private Asset Managers Awards program and was a winner in 2005 in the category of Defensive Investing. He is now co-manager of the VT Price Value Portfolio, a fund investing in Benjamin Graham-style value stocks, and specialist value funds, from around the world. He also co-manages bespoke private client portfolios.
Tim writes for MoneyWeek Magazine and The Spectator, and his weekly commentaries are freely available at the Price Value Partners website.
#Europe #State #Problems #Energy #France #Germany #Debt #Bonds #CentralBanks #Rates #UnitedKingdom #Politics #Communism #Silver #Bitcoin #Dollar #GoldInvestments #MediaCredibility #RealAssets #ValueInvesting ... https://www.youtube.com/watch?v=HK2rj6x8HWI
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