New physical uranium fund with $100 million initial placement. Uranium prices look to have broken higher out of a wedge formation. Fred Hickey author of High Tech Strategist sees continued declines in Tech Sector stocks and the overall stockmarket. Why he is bullish on gold.

Billionaire hedge fund manager says the current asset bubble is more significant than any has seen and even bigger than anything he has ever studied. More positive nuclear energy news articles. The Iranians dumped 100 million barrels of oil on the market over the last three months. Has this contributed to the recent price weakness in oil?

The current financial system is built to work on low-interest rates and high liquidity. The exact opposite exists. Expect more banking system issues and further issues to manifest negatively as things break in the economy.

I review the Cameco first quarter 2023 earnings call. It was very positive and reaffirmed the continued upswing in the nuclear energy and uranium market.

I came upon a methodology conceived by analysts at Piper Standler to track the effect of interest rate increases on the economy. It will require additional research and refining of data sets but I think it will be helpful in the analysis of where we are in the economic cycle.

The China reopening might be struggling to gain momentum. Will this lead to less oil demand growth? India's oil demand continues to make new all-time highs.

I believe gold is in a new bull market. However, most people try and take advantage of it by buying junior gold mining stocks. This is a difficult way to make money and I explain why.

Several countries have applied for BRICs membership. International flights to and from China begin to resume. I still expect higher oil prices as we progress through 2023

Back in 2017, Janet Yellen said it was likely we would never have another banking crisis in our lifetime. The whole banking system is a confidence game and these people are just making it up as they go along. Believe them at your own risk.

Things are breaking due to rates being too high. In the past, every time we had a financial crisis the FED always went back to the playbook of papering over the problem. Are we closer to the end of the tightening cycle or the beginning? What asset classes benefit from a cycle of excess liquidity?

With the failure this week of Silicon Valley Bank I believe we are seeing the results of continuing liquidity tightening. If the FED continues raising rates and shrinking its balance sheet you will see more of this.

I had two tranches of coal producer Peabody Energy in the AIA portfolio.  I discuss why I bought the shares and why I recently sold both positions for 400-600% gains.

More data sets are lining up to indicate that the economy is weakening and yet the market has been rallying.   My view is the lag effects of the rapid rise in the FED funds rate still have not fully shown themselves in the economy.

I give my base case for the economy and what I am looking at for the rest of the year. I caveat this by reiterating that I am not an economist. I am looking at data points that in the past have led to certain outcomes. Notably a recession.    However, keep in my mind that as new information comes in I may change my forecast and that forces me to change course with various investments. Again this is not investment advice.

Cameco reported the largest fuel deal ever signed by the company. The deal is with the Ukraine State Energy Company.    Other discussion points This Week   -Japan reaffirms extensions to nuclear plants and commitment to nuclear energy.  -Shell's board being sued by climate activists -Duke Energy takes big impairment on sale of renewable business  -Jet fuel demand soaring as China leaves pandemic  -Investigative article on US complicity in Nordstream 2 sabotage

In this week's video:   -Yellowcake upsizes offering from $50 to $75 million  -Sprott Junior Uranium ETF begins trading  -How much spot uranium is really out there. One trader says if he tried to buy 1 million pounds it bump Uranium's price $5/lb  -Uh oh. Cramer said to buy oil.

Lots of news this week:   -KazAtomProm production downgraded by 4-5 million pounds in 2023  -Chile's copper production down for four years in a row.  -Biden administration kills major copper mine in Minnesota  -Chevron announces $75 billion stock buyback and increases dividend.

China set coal production records in 2022. The country will build 270 GW of New Coal Generation Capability by 2025.  Why? They say because of energy security.

One of the main ideas at AIA for 2023 is the return to normal of the Chinese economy and how this will affect oil and other commodity prices.   Traffic congestion and air travel are bouncing back quickly since the CCP lifted the lockdowns on Chinese citizens.   Forecasts are for up to 103 million barrels per day of oil demand by Q2 of 2023. The question is can the world produce this amount of oil?

Although the price of uranium mining stocks did not perform well in 2022 as many uranium investors might have liked, the fundamentals in my opinion have never been better.  I do not know if 2023 will be better, especially in the context of a general market bear market and tightening of liquidity. Nevertheless, I remain bullish and will add on dips.

As reported China is not wasting time and is re-opening its economy by ripping the band-aid off. There should be a lull as the virus sweeps through the population.    However, experience in other countries tells us that when herd immunity is achieved we should see a rush of consumer spending as the population emerges from three years of lockdowns.    This coincides with the PBOC now engaging in a new liquidity cycle which in the past has led to a rise in commodity prices.

This may or not be the last video for 2022.    Merry Christmas!    In this video, I talk about the stock of the year pick for 2023. The point of the SOY is blatant and unashamed clickbait for the channel and newsletter.   The premise is to select a highly speculative stock that has catalysts that could lead to a doubling in the stock price over the next year.   In the past, I did this and was successful for three or four years in a row.

The fundamentals in the oil market that were causing weakness in the oil market over the last six months now appear to be reversing and becoming tailwinds.   -Chinese economy opening up from three years of zero Covid policy. This could result in 2-3 million barrels of demand.  -SPR releases ending. Biden administration now announcing refills of SPR. 1 million barrels per day of supply off the market.  -Russian supply was juiced due to get ahead of sanctions earlier this month. 500-800k of supply off the market.  -The continued reluctance of producers to spend money on new production and development due to negative policies including windfall profit taxes being imposed by governments.  -Strong demand from emerging markets like India.   The economy in the US and EU are now entering recessions. How much will this contribute to demand destruction?   If the world does not experience a GFC or Covid lockdown economic scenario, there is a good chance oil prices continue moving higher next year.

People want answers and in this video, I give an update about how I see things in the short, medium, and long term.

The US just hit a record for overall petroleum exports (both crude oil and refined products). Much of this has come from the SPR releases and exports to the EU due to sanctions on Europe's main energy supplier Russia.

Oil prices got clobbered over the last couple of weeks.    However, long-term fundamentals have not changed in my view.    In this week's video, I try and explain what is happening in the oil markets. China re-opening, recession in the US and EU, Emerging market demand growth, etc...

I am no expert on crypto and have dabbled in it in the past. However, I was always aware of the bubblicous conditions surrounding it facilitated mainly by years of low-interest rates along with investor's insatiable desire to get rich quick.   Oil got nuked this week. Is this the beginning of deflation?

With tier-one assets developed along with constraints on the industry with respect to supplies and manpower are we at the end of continuous growth of shale oil and gas?  Follow me on Twitter: @JohnPolomny   Follow me at my blog: www.actionableintelligencealert.com  Interested in knowing how I translate the information in these videos into investment ideas?   Consider a subscription to my paid newsletter “Actionable Intelligence Alert”. You can check it out by going to: https://prudentsquirrel.gumroad.com/l/uSJOA  I have started up a Patreon account for those that wish to help support my work. Check it out here: https://www.patreon.com/JohnPolomny  If you pledge at least $5.00 I will send you the current month’s stock pick (this is a one-time stock pick). This way you can sample the “Actionable Intelligence Alert” newsletter and see if it is for you.    Sign up for my weekly free emails that have tons of great information on profitable investing ideas. If you sign up I will send you a copy of my free e-book "Ten Rules For Investment Success" https://www.subscribepage.com/l7g1a8 

When Joe Biden was running for President he told us he was going to "end fossil fuels". Now that high oil prices and in particular gasoline and diesel prices are contributing to record inflation he is mad at them for doing what he told them to do.    The lack of a coherent energy policy across not only the US but the entire west is opening up a host of opportunities for investors and speculators like us.

The world's largest chemical company, Germany-based BASF, is announcing permanent plant closures and restructuring of its facilities in Germany.   I forecasted this would happen and it will continue all over the EU until the Europeans figure out how to replace cheap and plentiful Russian gas.

Bloomberg Green article says the transition to 100% zero carbon will cost $114 trillion dollars. That is 5-6 times the size of the US single-year GDP. I don't think that will happen.    Nevertheless, the political class will move this agenda forward. Heads we win, tails we win more.

Interesting comments out of JP Morgan CEO this week regarding our energy policies in the US.    In addition, it looks like the zeitgeist is moving away from ESG, at least by the bankers.

As most of you know the OPEC members decided on a 2 million barrel per day reduction to their production quota. This is not necessarily a cut in production because the organization members were already underproducing their quotas by 3.5 million barrels.   Nevertheless, this is a big boost for oil prices because it represents a sentiment shift in oil markets. Of course, oil markets responded by rallying. I discuss the second-order effects in this video.

With the Nordstream 1 and 2 pipeline destruction last week, the EU energy situation is now critical.   However, the various industries will try and adapt as best they can. One way to adapt will be to replace gas consumption with oil consumption. This could be close to a million barrels per day.

As Stan Druckenmiller has said," “Earnings don’t move the overall market; it’s the Federal Reserve Board… focus on the central banks, and focus on the movement of liquidity… most people in the market are looking for earnings and conventional measures. It’s liquidity that moves markets...”~ Stan Druckenmiller This is what we are seeing and it will continue until central banks pause and go back into a new liquidity cycle.

Due to sanctions placed on Russia by the EU, oil and refined products now need to be sourced from places more distant from the EU than before. This is causing more ton-miles for the existing tanker fleet.  This is also causing rates to skyrocket as there are not enough tankers to move all this product further distances. It appears, that for as long as sanctions are in place, we are looking at a time of elevated rates for tankers.

The energy minister was interviewed on CNBC. He was asked why is India still buying oil from Russia. The interviewer tried to make the purchase of oil from Russia a moral issue.    The minister wasn't going to have it. He is responsible to India not the EU, the US, or Ukraine.

It was announced yesterday that the Nordstream 1 pipeline will be down indefinitely.  The only Russian gas coming into the EU is coming in through the pipelines from Ukraine. That will not be enough. We are now seeing story after story of businesses shutting down and jobs lost.

For several years billionaire resource investor Rick Rule maintained the view that a real move higher in uranium prices would be incumbent on the restoration of nuclear energy in Japan.  It seems he was proved correct as Japan recommitted to nuclear energy in the past week which caused a blastoff in uranium stock prices.

Recent comments by the Sadi Aramco CEO and the CEO of OPEC back up what we have been saying for a while now. Although the west is moving rapidly to transition away from oil, the rest of the world, and the majority, will be using oil for decades.

Lots of energy news this week. Power prices in Europe are soaring to record highs.    How long can this continue until there is a political backlash?   Japan vows to turn on more nuclear reactors for energy security.

Oil prices have been dropping over the past couple of months. I explore why this is and where oil prices might be going.   Although oil prices are dropping natural gas and coal prices are at historical highs. Why it might be a while before they drop.

Exxon and Chevron reported record quarterly results this week as record refining margins along with high oil prices resulted in excellent results. European oil majors also reported excellent results with several companies announcing additional returns of capital to shareholders via share buybacks.

Schlumberger, the world's largest oilfield service provider, just reported a tremendous quarter, guiding their business substantially higher for the next few quarters.   This report along with Halliburton's bullish report earlier this week indicates that we finally have an upswing in the oilfield services sector. A boom that I believe will outshine previous booms.

CPI came in at a decades high of 9.1%. If calculated the way it was in 1980 it is actually 17%!  I also discuss how far oil could fall in the current recession.

In the past, Buffett has said he does not like cyclical or commodity-type businesses.    Yet he has been buying Oxy and Chevron stock. What gives. I discuss in this week's video.

The bond market seems to be shifting from concern over inflation to economic weakness.   The bond market forecasts a rate cut in the first half of 2023.   The energy crisis continues as the "leadership" in the EU and the US just can't stop digging their hole deeper.

Rates are being raised by the FED. However, the market has raised rates well in advance of FED. Consequently, the FED is way behind the curve.   How far can rates go up before an over-indebted economy full of malinvestment begins to break?  How will this affect energy prices? Will liquidity and sentiment overwhelm the positive long-term energy fundamentals in the short term?

Consumer confidence is at an all-time low.  Credit card debt is at an all-time high.  Energy costs continue to strangle the US consumer and economy.  I give a free stock pick that could soar during a recession.

The energy crisis continues. At some point, the energy price will rise to a sufficient price to choke off demand.   The question is what is that price? $150, $200, or even $300 per barrel.  In the meantime, many of the stocks in the Actionable Intelligence Alert Newsletter are printing tons of money.

Japan is facing a tremendous energy crisis due to the fact it imports almost 100% of its domestic energy.   The government has been promoting conservation but that is not enough. The PM announced that it is time to turn Japan's idled nuclear fleet back on to avoid an energy crisis.

We are having inflation in fuel and food mostly because we do not have enough of these materials.  Yes, the monetary malfeasance of central banks has contributed to the price increases.   Nevertheless, we simply do not have enough oil and refined products to meet demand. The same is going to happen to food.

I don't know anyone that does not have a summer trip planned. Oil supply is already struggling to keep up with demand and we are looking at a big hike in jet fuel demand.    Diesel, the workhorse of the economy, is already struggling to keep up with demand.   But what price level finally cracks the economy?

The EU and US are on a sanctions escalator and prices continue to rise.    Meanwhile, the ECB and BOJ continue to print money. The world is facing a stagflationary mess.   Prepare for further food and energy price increases.

As long as oil prices stay reasonably high.   However, we have many headwinds to higher oil prices; tightening liquidity, rising rates, fiscal stimulus fading, and weakening economy around the world.    Nevertheless, this week's quarterly earnings reports from Halliburton and Schlumberger were very positive with the forward guidance positive also.

The knock-on effects of the Russian sanctions are exacerbating the deglobalization that was already happening.   Longer supply chains and less efficiency are going to lead to higher prices including possibly higher tanker rates.

Lots of positive news in the uranium and nuclear sector.    It appears that the uranium price is now entering a new upleg in prices. This is after the consolidation we have experienced in uranium share prices over the last six months or so.

Not sure the EU politicians contemplated that when they put sanctions on Russia because of its invasion of Ukraine they would experience any repercussions.    Russia is now demanding payment for the gas, and I suspect other commodities in the future, in rubles. Not sure the EU saw this one coming.    Panic is setting in among politicians and business leaders as no rubles equals no gas.

The EU and US have instituted the harshest sanction regime on Russia that has been seen on a country.   It seems the decision was made in haste without much consideration of the knock-on effects they would cause for their own economies and the world at large.

The title may be a little click baitey but consider the facts.    Plague=Covid, War=Ukraine, Famine=Result of bad decisions on sanctions   We are seeing more and more countries ban exports of food as it becomes increasingly likely we are going to be looking at shortages of many staples like wheat, soybeans, and corn.

The Biden Administration has recently gone hat in hand to Venezuela to try and get more crude oil as gas prices surge.   This is after demonizing US-based oil producers who are reluctant to raise production as the administration has watched up regulations on American-based oil production.   Now we have calls for windfall profit taxes on oil companies as Putin not dumb policies is blamed for higher US gasoline prices.

The world's largest exporter of grain (Russia) has invaded the fifth largest exporter of grain (Ukraine). In thirty days the planting should begin in Ukraine for the upcoming crop year.   That is not going to happen because those areas are the current conflict zone.   Russia also has advised that it is stopping fertilizer exports.  We have set our food system up so that an interruption like this has the possibility to affected millions of people that are not even involved in this conflict.

www.actionableintelligencealert.com Gold has had a tremendous couple of weeks.   Is the recent move higher a result of Ukraine-Russia conflict safe-haven seeking. Or is it a move higher in an unloved, weak sentiment area of the market?

Jeff Currie, the closely-followed head of commodities research at Goldman Sachs Group Inc., says he’s never seen commodity markets pricing in the shortages they are right now.   "I've been doing this for 30 years and I've never seen markets like this," Currie said in a Bloomberg TV interview. "This is a molecule crisis. We're out of everything, I don’t care if it’s oil, gas, coal, copper, aluminum, you name it we’re out of it."

www.actionableintelligencealert.com   Chronic underinvestment in all resources especially oil and gas is leading to a situation where prices will have to move higher for an extended time period in order to incentivize new investment.   However, this is being hindered by poor policies and policies that are opposed to the extraction of minerals and resources that will be needed to facilitate the build back better plans of governments.   Regardless of the reasons, this will lead to speculative and investing opportunities for astute market participants.

www.actionableintelligencealert.com   Last week (SLB) reported an upswing in the oil field services sector. This week the Halliburton CEO confirmed what we were forecasting, a sustained upswing in the oilfield services business.

As we have discussed in previous videos, I believe the biggest catalyst for higher oil prices this year is the coming market realization that OPEC+ will not be able to meet the call for supply.   As the pandemic recedes and oil demand not only equals but exceeds pre-pandemic levels it will become apparent that there is not enough oil to supply the world's demand. This will result in oil prices above $100/bbl.

Energy has burst out of the gate up around 15% already this year continuing the outperformance we saw in 2021.    Will it continue? Many of our stocks had a nice move Friday as I believe investors are getting long as the realization of near-record or record cashflows begins to set in on investor's radar.

www.actionableintelligencealert.com   High energy prices have allegedly kicked off a revolution in Kazahkstan as unrest continues.   Kazatomprom has issued a press release that their operations are at a high risk of interruption.    What does this mean in an already undersupplied uranium market?

www,actionableintelligencealert.com Saying you are going to increase production and actually doing it are two separate issues.   Will 2022 be the year that OPEC+ gets exposed for its inability to increase production?

www.actionableintelligencealert.com   Yogi Berra was quoted as saying that, "Making predictions is hard, especially about the future." Nevertheless, it is my job to take the best information available and come up with the highest probability outcome.   In this case, I believe oil prices head higher and generalist investors begin to return to oil stocks based on the wall of cashflow they will generate this year.   Follow me on Twitter: @JohnPolomny   Interested in knowing how I translate the information in these videos into investment ideas?   Consider a subscription to my paid newsletter “Actionable Intelligence Alert”. You can check it out by going to:  actionableintelligencealert.com/subscribe    I have started up a Patreon account for those that wish to help support my work. Check it out here: https://www.patreon.com/JohnPolomny If you pledge at least $5.00 I will send you the current month’s stock pick (this is a one-time stock pick). This way you can sample the “Actionable Intelligence Alert” newsletter and see if it is for you.    Whenever I am interviewed, I am inevitably asked what books I would recommend. Below is a list of my favorite investment books or books related to investing and business. I also like to read about old-school guys who built large business empires. In full disclosure, if you click on any link below it will take you to Amazon. If you buy one of the books, I will receive a small commission. https://actionableintelligencealert.c...  Sign up for my weekly free emails that have tons of great information on profitable investing ideas. If you sign up I will send you a copy of my free e-book "Ten Rules For Investment Success" https://www.subscribepage.com/l7g1a8

www.actionableintelligencealert.com   Hope you enjoy the last update for 2021.   Thanks all for all the support and good comments and encouragement this year.    Hoping 2022 will be healthy, happy, and profitable.

www.actionableintelligencealert.com   "Every day, headlines and stories reinforce the thesis that oil is in a multi-year bull market.   It’s time for investors to connect the dots… the world is hurtling toward an oil crisis.   A growing population and rising standards of living, combined with the lack of alternatives to oil in the short-term in the transportation sector, suggests demand for the commodity will continue to grow for years to come."

www.actionableintelligencealert.com   Lack of investment, continual declines in production, and constant demand growth are all coming together to create a scenario where oil prices will make all-time highs.

www.actionableintelligencealert.com   Yes, markets have been terrible the last few weeks. And yes the negative sentiment could persist through yearend.    However ask yourself, has anything fundamentally changed? Did anyone announce new uranium mines? What about increased spending on new oil and gas projects.   Recall what Buffett said, "In the short term the market is a voting machine and in the long term it is a weighing machine.   Market sentiment is bad currently but nothing has changed long term.

www.actionableintelligencealert.com News of the Nu covid variant from South Africa has led to more volatility in the energy markets. WTI was down 13% on Friday 11/26/21.    Is the drop warranted? Or is this another buying opportunity for oil and energy in general?

www.actionableintelligencealert.com   Oil sold off for various reasons this week. It was overbought and sentiment had become too bullish. Seasonality, SPR release jawboning by the Biden regime, higher dollar, are among the reasons.   I still believe we are in an energy bull market due to chronic underinvestment that has restricted supply and will be exacerbated by ESG which will cause permitting, and financing issues for new fossil fuel projects.

www.actionableintelligencealert.com   The CPI came in at a hot 6.2% this week. This is pushing negative rates, which drive gold prices, even further into negative territory.    Technically the gold stocks just put in support at the key 200 week moving average. This bodes well for further price gains.

CEO of Yara Fertilizer says we are heading for a food crisis because the cost of energy has made fertilizer too expensive to produce.  China announces 150 new reactor builds by 2035.  The uranium requirement will be 50 million pounds per year of additional supply the world was not anticipating. This is three Cigar Lake mines worth. Wow!

www.actionableintelligencealert.com   Just more positive uranium news. I also review the Cameco Q3 earnings report. The CEO says that the prospects may be "the best ever".   Also discussed; the huge earnings beat by oil sands operator Suncor. They are gushing cash and using it to buy back stock, increase dividends, and pay down debt.  Expect more of this in our AIA portfolio oil stocks.

www.actionableintelligencealert.com The good news for energy investors continued this week as the news in the oil patch is getting better.   KazAtomProm decides to create its own uranium investment vehicle.    KazAtomProm Announces Investment in Physical Uranium Fund https://www.kazatomprom.kz/en/media/v...  Kuwait says drilling, facilities work underway to reverse declining oil production capacity https://www.spglobal.com/platts/en/ma...  China wants to cool coal prices. Similar moves for metals, crude failed https://www.reuters.com/business/ener...

www.actionableintelligencealert.com   The Chinese announced this week that their priority will be to ensure "energy security".    They also said they will continue using coal and will intensify the development of internal oil and gas resources.   Please notice the shift in the discussion, not just in China, towards discussing energy security instead of an energy transition.

www.actionableintelligencealert.com The now inevitable energy crisis is going to hit hard. More and more info is lining up to tell us to get ready to pay higher prices.    A fortunate few that can see through the nonsense will profit. I am telling you how.

www.actionableintelligencealert.com The energy crisis that we long ago forecasted is picking up steam as electrical generation plants close in China and Germany due to lack of fuel.   Coal supplies at Indian plants are at low levels threatening shutdowns also.   Chinese leadership orders state energy companies to secure energy supplies no matter the cost.    The emerging energy crisis represents a tremendous investment opportunity. Don't get left behind.

www.actionableintelligencealert.com   High energy prices causing disruption to industry.    Fertilizer plants shutting down due to high natural gas prices. Unfortunately, the by-product from those plants is CO2 which the chicken processing industry needs to supply meat.   Turkey producer is "canceling  Christmas" due to lack of workers and energy prices.

www.actionableintelligencealert.com   As power and energy prices spike in Europe (lower winds and higher natural gas prices) protests over record electricity costs continue.    Yet our genius central planners are doing everything they can to reduce the supply of energy. All in the name of their new god "climate change".   We are heading for an energy crisis and one that will surprise most people. Most people's misfortune will be a great opportunity to profit from a lack of investment and bad choices. SHOW LESS Follow me on Twitter: @JohnPolomny   Interested in knowing how I translate the information in these podcasts into investment ideas?   Consider a subscription to my paid newsletter “Actionable Intelligence Alert”. You can check it out by going to:  actionableintelligencealert.com/subscribe    I have started up a Patreon account for those that wish to help support my work. Check it out here:  https://www.patreon.com/JohnPolomny  If you pledge at least $5.00 I will send you the current month’s stock pick. This way you can sample the “Actionable Intelligence Alert” newsletter and see if it is for you.    Whenever I am interviewed, I am inevitably asked what books I would recommend. Below is a list of my favorite investment books or books related to investing and business. I also like to read about old-school guys who built large business empires. In full disclosure, if you click on any link below it will take you to Amazon. If you buy one of the books, I will receive a small commission.  https://actionableintelligencealert.c...  Sign up for my weekly free emails that have tons of great information on profitable investing ideas. If you sign up I will send you a copy of my free e-book "Ten Rules For Investment Success" https://www.subscribepage.com/l7g1a8

www.actionableintelligencealert.com   Yes, uranium is the current big story. Nevertheless, don't get caught sleeping on the rest of the energy complex.    Tremendous opportunity exists in the oil, natural gas, and coal companies also.

www.actionableintelligencealert.com   The Sprott Uranium Trust buying physical uranium is having the effect it was designed for. It is vacuuming up physical uranium supply and forcing the price of uranium higher.   This in tune is leading to explosive moves higher in uranium stocks. It has been a long wait but the rocket ship has left the launch pad.

www.actionableintelligencealert.com   I have not talked to Justin in around a year. I asked him to come on a few weeks ago and we were finally able to get our schedules together.    I was lucky to have him on after the recent bullish price action in the uranium price and uranium shares this week.   We discuss a bunch of subjects related to uranium including the Sprott Uranium Trust and the effect it has already had on the market and we have some fun speculating on what could happen in the future.   As always Justin is a wealth of knowledge all things uranium and I was happy to get him on the show during what looks like a big break to the upside for uranium.    You can check out Justin's website at: https://www.uraniuminsider.com/home  He is also pretty active on Twitter: https://twitter.com/uraniuminsider

With the current version of the pandemic beginning to recede, we will see continued increases in oil demand by the end of the year. With inventories already below the five-year average expect higher oil prices by year-end.   Bank of America and Goldman are saying $80 oil by the end of the year. Cash flows are already exploding higher at many oil companies. Yet investors are shying away from buying them. Are they missing a huge opportunity?

www.actionableintelligencealert.com   Trying to make economic predictions is usually a mug's game. Nevertheless, my theory on investing is that investor sentiment and liquidity are the primary drivers of stock prices in the short to medium term.    I go over the tools I use to help me forecast when booms are turning into busts.    Are you looking for "John's Reality Check"?   Bitchute https://www.bitchute.com/video/NA0vkx...  Rumble https://rumble.com/vlhoor-johns-reali...

The recent IPCC report is again ramping up climate hysteria. This is going to help re-enforce calls to get to net-zero carbon emission (whatever that means).    Look for more demonization of fossil fuels and calls to limit its supply. I think this leads to less supply of energy. As energy is critical to every part of the economy does it not make sense that energy prices will skyrocket?   I expect an energy crisis and higher energy stock prices.

I am very interested in investing in Uzbekistan and have talked about it before in previous videos.   I invest via the AFC Uzbekistan Fund.    I met Andreas on Twitter and he agreed to come on the show and explain how he was able to easily set up a brokerage account in Uzbekistan and begin trading individual stocks.  It is easier than you think and he does a great job explaining the process.   Twitter: Shovel-Stocks @AmorinAndreas   Website: https://www.shovel-stocks.com/

www.actionableintelligencealert.com   Just more crookery as people work at the FED where they ostensibly regulate the banks.    We see all these so-called smart people work at the FED and manage our economy. After they blow serial bubbles and ruin average people's financial lives they move to private industry (banks) and get fat salaries and perks.

www.actionableintelligencealert.com   As various factors continue to push natural gas prices higher all over the world.  A hated fuel source, coal, rides to the rescue to pick up the slack.  I also discuss my previous public energy company picks and what I am doing with them now.

If you throw a frog into a pot of boiling water it will jump out, so says the meme.    However, if you place a frog into a pot of room temperature water and slowly turn up the heat the frog will be boiled alive as it never realizes the temperature is rising.   This is how freedom and liberty are lost over time. Little By Little.

Famous Warren Buffett quote that is applicable to the current situation in the uranium and resource stocks.    Lots of people have been pushed out of the market as sentiment has swings from bullish to bearish regarding the relation trade.    It is important to note why you have bought these stocks and then determine if the why has changed. If not then calm down and look for opportunities to buy from the bargain bin.

We are witnessing a pullback in uranium stocks as prices have gotten way ahead of fundamentals.    We have seen this in uranium before during the last bullmarket. It happens in all cyclical stocks.   I show the example of a uranium stock in the last bullmarket that went from under a dollar to nine dollars in three years. Along the way, the stock had several 50% plus drawdowns.    In a bullmarket you buy the dips. That can only happen if you have conviction in the story. Conviction comes from having done the work and developing a cogent thesis on the underlying stock. You must do the work.

Wall Street loves to jump on any popular investing trend or idea. They love it because their goal is to accumulate your money under their management so they can cream off fees.   Like the brokers say in resource stocks, "When the ducks quack, feed them".  Don't be a duck

Lack of natural gas supply ios leading to more coal-burning at power plants.    Prices for both fuels continue to make decade highs. Very good for our portfolio holdings.

Francis Menton is a retired attorney and long-time resident of New York City.    I found his blog "Manhattan Contrarian" a while back and really enjoy reading his views on a wide range of subjects including; poverty, energy policy, the environment, critical race theory, income inequality, and even Trump.   He writes new articles a few times a week and I have not read one yet that was not interesting or that I did not learn something new.  I asked him to come and he agreed. We had a wide-ranging discussion about NYC politics, schools, energy policy, China, CRT, and of course some Trump.    I hope you will check out his writing at:  https://www.manhattancontrarian.com/

Years of underinvestment in new reserves and production is going to lead to an energy crisis in the near future. Tremendous amounts of money will be made by those who understand what is happening vis-a-vis energy especially oil and gas.

China controls between 71% and 97% of the solar power supply chain.  The alleged efficiency gains that have been reported and are being counted on for the energy transition are no alleged to be based on nefarious factors.  I remain convinced that any transition to the energy paradigm of wind and solar is destined to disappoint.    This will lead to a huge bullmarket in fossil fuel and nuclear-based power sources.

Trust in all our institutions; the press, government, education, corporations, etc.. is at an all-time low.  This is for good reason in my view. We are constantly lied to, deceived, and manipulated by unscrupulous actors bent on wealth and power.   In order to cut through the BS and be successful in the markets one has to think critically and take responsibility for making informed decisions. Following the crowd over the ledge into the sea is not a recipe for long-term success in the markets or in life.

www.actionableintelligencealert.com   Exxon had two board seats go to activists this week. Their goal? Comply with climate change goals.    Shell lost a court case in a Dutch court and must lower emissions by 45% by 2030.   Chevron shareholders voted to have management detail how the company will meet climate goals.  All of this will lead to less supply of oil. If demand stays constant or rises which is likely we are heading for higher oil prices.   I detail how to take advantage of this news.  There is one cohort of oil companies that are focused on producing oil and focus on that. Do you know who they are?

California regulators issued direction to utilities in the state that they would need to replace 11,500 MW of electric supply currently provided by nuclear and natural gas-fired generating stations with zero-carbon sources.  There is no power source that is zero carbon. The stupidity burns.   This will not change until standards of living get wrecked and people rise up and throw these fools out.

Commodity and resource markets are booming.  Monetary policy and reflation are supportive of continued gains. Supply will also have a hard time catching up as underinvestment begins to bite.  Are we seeing a repeat of the 1970's monetary and inflationary policies which led to a tremendous boom in resource markets?

www.actionableintelligencealert.com   The jobs report was weak this week as more and more businesses are complaining that they are having a hard time attracting employees back to work.  It seems that sitting at home and collecting all the government pandemic relief benefits is more lucrative.    Charlie Munger said, "Show me the incentives and I will tell you the outcome"

This week Sprott Asset Management announced they cut a deal with Uranium Participation Corp. to convert UPC in the Sprott Uranium Trust which will trade in both the US and Canada.  This will allow money to flow directly into the purchase of uranium and potentially cause the discovery of how deep the actual spot market is for uranium.    This could be the biggest catalyst yet for the baby bull market in uranium and uranium shares.

Earth Day was this past week. It has been 50 years of cataclysmic climate predictions that have curiously never come true. Yet, the same conmen and grifters are allowed to continue to talk non-sense while asking for more of your money and for you to sacrifice more of your liberties.   In the meantime, China, India, and other developing countries continue to build and operate more coal, natural gas, and nuclear plants. Who will end up more prosperous and powerful after this plays out? Is this actionable?   Plus that transitory inflation Jay Powell keeps talking about looks like it is beginning to imbed itself into the economy.

The media is engaged in full-on lies and propaganda. This is why alternative media is growing exponentially. Use critical thinking to get beyond the lies so you can identify the truth and take the other side of "the wrong premise" as George Soros calls it.

The recent banning of natural gas as a heating and cooking energy source, in California,  seems like a great idea if one has the desire to lower carbon dioxide emissions.   What if the electricity that replaces the natural gas used in heating comes from a natural gas-fired power plant?

In this week's video, I discuss all of the great news around the economy opening up and travel returning to normal. This will mean higher oil demand which means higher oil prices. Longer-term we are facing an impending energy crisis that almost no one is paying attention to. I think this represents one of the biggest investment themes ever.

The Biden regime may have to bring back the stupid Whip Inflation Now buttons from the 1970's as indicators continue to pile up that inflation is preparing to make another major appearance in our economy.  Recent polls show that 77% of Americans are concerned about inflation.  Also NASA's own data is showing increased CO2 is helping to green the earth and shrink the Sahara desert. How come the media isnt reporting that?

People have been contacting me asking my opinion on various junior resource companies. This typically happens when there is alot of news in a sector or the stocks have recently run.   To be honest I don't do much analysis of these companies. Most of them have no sales or earnings and most will never produce any of the resource they are trying to develop.    These are speculations not investments. I discuss the difference and the fact that there is money to be had in these sectors for specific periods of time when the stars happen to align.   Do not confuse speculation with investing.

Many people have the view that during inflation gold is the best performing asset. Gold will do well during inflation.  However, history shows that energy stocks are the best performers during an inflationary period.  Another example of Mark Twains axiom that it is not what you dont know that gets you in trouble, it's what you think you know that just aint so that gets a person in trouble.

The Chinese government is run by the Communist Party. When they decide to do something it will get done. In the latest 5 year plan China will raise their nuclear energy generation from 50GW to 70 GW by 2025. That is four years from now. This is just more bullish news for the uranium sector that is already in a huge supply/demand imbalance for uranium. Where will all the fuel come from?

Businessweek says on its cover that sneakers are a "new asset class". Valuations for most assets are through the roof. People with no idea how markets work and no knowledge of valuing companies or understanding what they are buying are making money hand over fist. Is this normal or is it a result of too much money being created by central banks that is enabling rampant specualtion?

In this interview I welcome Peter Sainsbury of the "Materials Risk" blog. I have found Peter's work on commodites and resources to be some of the best out there on the internet. I subscribe to his email list and I receive notifcations for his most recent posts.   I have to say that just about every post that I have read has led to me learning something new I had not known or considered.    Peter is also an author and has written several books on commodites and commodity investing. He has also written a book on Formula 1 racing betting. Evidently he has done quite well in betting on racing.   We discuss commodity markets, the possibilty of a new "Supercycle" for commodities, and what investors should focus on when considering investing in this sector.    Peter's website: https://materials-risk.com/​  Peter's twitter: @PeterSainsbury7

I discuss the recent cold snap in Texas and the reasons why generating plants were not able to deal with the abnormal cold weather the state experienced. Copper above $4 a pound and French oil giant says we need massive investment in oil to stave off a supply crunch in a few years.

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.

Interview with one of our most popular guests. Trader Ferg.   Wide ranging discussion on what is up with Ferg over in Bali.    We discuss the recent breakout in uranium.  The upcoming bull market in oil and energy in general.   We also discuss offshore oil drilling and why it still has a great future and why it will potentially be a great speculation.   Ferg also talks about his experience with his last go round with offshore and what he took away from it.    A couple of things. I am sorry as I continue to talk to too much and I should let my guests speak more. After all they are the featured guest.   Also my editing software went nuts on me so the graphic is missing.  Nevertheless I wanted to get this video out in a timely manner.   Follow Ferg on Twitter: @trader_ferg   Check out his great website where he has done some great long pieces on the topics we discuss today.    https://traderferg.com/

I like old Soviet propaganda posters and thought this one was appropriate for the current overvaluations we are seeing in the stockmarket. History says this is going to end badly. The question is always when.  There is always a bullmarket somewhere and we aim to help you find it.

Capital, both human and monetary goes where it is treated best.   Many high net worth people, financial firms, and businesses are leaving places like New York and California for low tax states like Texas and Florida.   However the entire west is falling for more statism and stupidity. In a few election cycles Texas will be blue.   Where do you run to then? Look around the world as many places are going in the exact opposite direction of where the west is going.

Fidelity Investments conducted a study on their Magellan fund from 1977-1990, during Peter Lynch’s tenure. His average annual return during this period was 29%.   What Fidelity Investments found in their study was shocking. The average investor in the fund actually lost money   Individuals make decisions every day with their emotions assisting their judgment. It is part of who we are as human beings. Unfortunately making emotional decisions can be a detriment in the investing world.   Follow me on Twitter: @JohnPolomny   I curate a website devoted to following the articles, letters, interviews, etc. of top investors. Check it out if you are interested in learning how top investors are successful.   https://investmentlettercurator.blogs...

Review of Chris Mayer's Lost Chapter to his book "100 Baggers: Stocks That Return 100-to-1 and How to Find Them." In this paper he cites examples of wealthy people and how they became this way.    As I have said before, success leaves clues. If you want to be a success in business or investing than study those that have done it already. You will quickly come to understand that there are common traits among these people.   100 Bagger The Lost Chapter: https://investmentlettercurator.blogs...  A closer look at U.S. deaths due to COVID-19 https://web.archive.org/web/202011262...  "100 Baggers: Stocks That Return 100-to-1 and How To Find Them" https://www.amazon.com/gp/product/162...  Follow me on Twitter: @JohnPolomny

What is the World Economic Forum and who is Klaus Schwab? Are the globalists using the supposed climate change crisis and the Chinese virus crisis to foist a one world globalist agenda on a demoralized and fearful population? What does it mean for investors and speculators? Follow me on Twitter: @JohnPolomny  I curate a website devoted to following the articles, letters, interviews, etc. of top investors. Check it out if you are interested in learning how top investors are successful.  https://investmentlettercurator.blogs...  Interested in knowing how I translate the information in these videos into investment ideas?  Consider a subscription to my paid newsletter “Actionable Intelligence Alert”. You can check it out by going to:  actionableintelligencealert.com/subscribe    I have started up a Patreon account for those that wish to help support my work. Check it out here: https://www.patreon.com/JohnPolomny If you pledge at least $5.00 I will send you the current months stock pick. This way you can sample the “Actionable Intelligence Alert” newsletter and see if it is for you.

Energy stocks moved higher this past week based on positive results from a vaccine test. Is this a one off on news or the beginning of a new trend in energy.  China begins to flex its political muscle by rejecting Australian imports of coal and agricultral products. Expect more of this as time passes. China's increased economic clout will allow it to flex its political muscles.   This can be actionable as I own a large met coal prodcuer in Mongolia which has seens its sales go up since the China/Australia relations soured.   China switches to Mongolia coal: https://www.rt.com/business/504748-ch...  US record October Deficit: https://apnews.com/article/financial-...  Unravelling value's decade-long underperformance (and imminent resurgence): https://lt3000.blogspot.com/2020/11/u...    Follow me on Twitter: @JohnPolomny   I curate a website devoted to following the articles, letters, interviews, etc. of top investors. Check it out if you are interested in learning how top investors are successful.   https://investmentlettercurator.blogs...  Interested in knowing how I translate the information in these videos into investment ideas?  Consider a subscription to my paid newsletter “Actionable Intelligence Alert”. You can check it out by going to:  actionableintelligencealert.com/subscribe    I have started up a Patreon account for those that wish to help support my work. Check it out here:  https://www.patreon.com/JohnPolomny If you pledge at least $5.00 I will send you the current months stock pick. This way you can sample the “Actionable Intelligence Alert” newsletter and see if it is for you.

There is nothing new under the sun. As Charlie Munger says, "I believe in the discipline of mastering the best that other people have figured out. I don’t believe in just sitting down and trying to dream it all up yourself. Nobody’s that smart.”   I offer a video on a famous a Wall Street investor's (Bob Farrell) ten rules for investing success. You will note that most of them seem simple, and they are but when we introduce humans and emotion that is when the trouble begins.

In this weeks video I go over my investing/specualting philosphy. I also discuss why I still like Antero and Antero Mid-stream.  Discussion on the overvalution that is now present in the US stock market. This overvalution is not a recipe for long term positive gains.   Why EV's and renewable energy are a heads I win, tails I win more proposition.   Crude draws: https://seekingalpha.com/article/4383...  Old West Financial Q3 2020 Letter: https://investmentlettercurator.blogs...  Uzbekistan Privatation  https://financialpost.com/pmn/busines...  The Green New Deal Can’t Break The Laws Of Physics https://dailycaller.com/2020/10/27/gr... I curate a website devoted to following the articles, letters, interviews, etc. of top investors. Check it out if you are interested in learning how top investors are successful.  https://investmentlettercurator.blogs...

With less then ten days until the election I am giving my election forecast. If you easily triggered or do not like opinions that are contrary to your views I suggest you skip it.  Also discuss reent mega oil and gas compnay mergers as a sign of a bottom in oil stocks.  Chinese are planning on stockpiling copper. Interested in knowing how I translate the information in these videos into investment ideas?  Consider a subscription to my paid newsletter “Actionable Intelligence Alert”. You can check it out by going to: actionableintelligencealert.com/subscribe  I have started up a Patreon account for those that wish to help support my work. Check it out here: https://www.patreon.com/JohnPolomny If you pledge at least $5.00 I will send you the current months stock pick. This way you can sample the “Actionable Intelligence Alert” newsletter and see if it is for you. 

Review of the great article by Louis Vincent Gave; "Cover Your Ass": The Guiding Principle Of Our Time".  https://www.zerohedge.com/markets/gui...  I also discuss the new presentation from Mike Alkin.  https://www.macrovoices.com/898-macro...  https://app.box.com/s/ogo9v4k2uvi2ko5...  US Oil prodcution likely not going to return to its glory days.  https://www.worldoil.com/news/2020/10... https://www.ft.com/content/aad9c356-b...  Why emerging markets are must invests.   Interested in knowing how I translate the information in these videos into investment ideas?    Consider a subscription to my paid newsletter “Actionable Intelligence Alert”. You can check it out by going to:   actionableintelligencealert.com/subscribe    I have started up a Patreon account for those that wish to help support my work.  Check it out here:  https://www.patreon.com/JohnPolomny If you pledge at least $5.00 I will send you the current months stock pick. This way you can sample the “Actionable Intelligence Alert” newsletter and see if it is for you.

Great article from John Hathaway at Sprott about why the gold bull market is not even close to being over.    Also I am back into Caledonia Mining. An exciting future for this company in Zimbabwe.  Gold, The Simple Math: https://sprott.com/insights/sprott-go...  Caledonia to expand in Zimbabwe: https://www.mining.com/caledonia-rais...

The Scottish market strategist Russell Napier warns that investors should prepare for inflation rates of 4% and more by next year.  The main reason: Governments have taken control of the money supply.  Debts are too big and governments need inflation to get rid of this debt. This is my major theme for next decade. Review of economist Russel Napier interview on how this has been done in the past and will done again.   Central Banks have Become Irrelevant https://themarket.ch/interview/russel...  Barrick CEO calls for consolidation and warns of reserve crisis https://www.mining.com/web/barrick-ce...  JPMorgan Chase promises to shift portfolio away from fossil fuels https://www.ft.com/content/e1be8a23-1...  Square Puts 1% of Total Assets in Bitcoin in Surprise $50M Investment https://www.coindesk.com/square-buys-...  25 Cognitive Biases that Ruin Your Life, Explained https://www.allencheng.com/25-cogniti...

The amount of total debt in the world has exceeded 250% of world GDP. This can only be dealt with three ways. Default, Payback, or Debasement.  History shows that governments always choose debasement. This is a process until it becomes an event. Or as the Hemingway character answered when asked how he went broke; slowly and then all at once. Interested in knowing how I translate the information in these videos into investment ideas? Consider a subscription to my paid newsletter “Actionable Intelligence Alert”. You can check it out by going to: actionableintelligencealert.com/subscribe I have started up a Patreon account for those that wish to help support my work. Check it out here: https://www.patreon.com/JohnPolomny If you pledge at least $5.00 I will send you the current months stock pick. This way you can sample the “Actionable Intelligence Alert” newsletter and see if it is for you.

Oil tried really hard to sell off recently but could not really go down. I am wondering if we are at an inflection point. I talk about sentiment changes in oil and how they played out in the past.  Is the recent BP 2020 Energy Review a bottom call on oil?  I also point out that everybody's favorite EV maker Tesla is getting their lunch eaten in Europe. Doesnt matter to us as we will win regardless of who sells the most EV cars. Interested in knowing how I translate the information in these videos into investment ideas?    Consider a subscription to my paid newsletter “Actionable Intelligence Alert”. You can check it out by going to:   actionableintelligencealert.com/subscribe    I have started up a Patreon account for those that wish to help support my work.  Check it out here:  https://www.patreon.com/JohnPolomny   If you pledge at least $5.00 I will send you the current months stock pick. This way you can sample the “Actionable Intelligence Alert” newsletter and see if it is for you.

BP came out with their annual energy review. I go over some of the highlights. Renewables are poised to grow but even BP (Beyond Petroleum) acknowledges hydrocarbons will be in use for decades to come.    BP Energy Review: https://www.bp.com/content/dam/bp/bus...  PMI's on the rise around the world: https://tradingeconomics.com/country-...  Worlds largest oil trader expects supply to shrink by yearend: https://www.worldoil.com/news/2020/9/...  Container rates make new highs: https://www.freightwaves.com/news/con... Interested in knowing how I translate the information in these videos into investment ideas? Consider a subscription to my paid newsletter “Actionable Intelligence Alert”. You can check it out by going to: actionableintelligencealert.com/subscribe I have started up a Patreon account for those that wish to help support my work. Check it out here: https://www.patreon.com/JohnPolomny If you pledge at least $5.00 I will send you the current months stock pick. This way you can sample the “Actionable Intelligence Alert” newsletter and see if it is for you.