And now for some more Fatal Conceits… Russia’s shadow tanker fleet… Chinese spy balloons… turmoil in the global energy markets… where gold’s headed… the end of petro-dollar hegemony and much, much more! Welcome back, dear listener, to another episode of the Fatal Conceits podcast. In today’s episode, we catch up with Harvard-trained geologist, energy and resource expert and long-time friend of the show, Mr. Byron King. Over the course of an hour or so, Byron kindly shares his thoughts on all...

And now for some more Fatal Conceits… Welcome to Ep #81 of the Fatal Conceits podcast, dear listener… the show about money, markets, mobs and manias, not always in that order. In this week’s conversation, we caught up with the most worried chicken in all of finance, the anonymous author of the fantastic Doomberg newsletter. Listeners can also join his legions of followers on Twitter, here. Over the course of our discussion, we spoke about the dismal state of legacy media outlets and why...

And now for some more Fatal Conceits… Welcome to Episode #80 of the Fatal Conceits Podcast. In today’s conversation, we talk with Edwin Dorsey, the man behind The Bear Cave newsletter. Edwin provides analysis, commentary, and curated links on the short world, focusing on corporate misconduct and malfeasance in companies in the $5-10 billion range. Over the course of 45 minutes or so, we talk about why the mainstream media continuously, almost reliably, misses the big stories when it comes...

Welcome to Episode #78 of the Fatal Conceits Podcast… They’re sometimes called “California refugees.” But they hail from New York and Illinois, too… You’ll find them in sleepy little towns in Florida… Texas… Arizona… Nevada… and across the sunbelt… basically anywhere that doesn’t suffer oppressive taxation, creeping government, woke school curriculums, high crime, homelessness, drug epidemics… The pandemic didn’t birth this trend, but it sure did accelerate it. Presently, California is...

Welcome to Episode #77 of the Fatal Conceits Podcast...  In today’s conversation, I’m joined by author, value investor, student of life and editor of the popular ContrarianEdge newsletter, Mr. Vitaliy Katsenelson.  I’ve been reading Vitaliy’s work, on and off, for over a decade now. In fact, we used to publish his columns and market insights occasionally in The Daily Reckoning, a publication I managed for Bill Bonner back in the 2000s, in what seems like another lifetime... Vitaliy describes...

And now for some more Fatal Conceits… Welcome to Episode #76 of the Fatal Conceits Podcast, dear listener, a show about money, markets, mobs and manias. All eyes were on the Jay Powell’s Fed this week, specifically the chairman’s remarks following the much-expected 75-basis point rate hike. Word was that the central bank will “continue to do what needs to be done to get the job done." Actually, they were JP’s exact words. “The job” to which Mr. Powell refers is, of course, to get inflation...

And now for some more Fatal Conceits… “I mean, look, you seriously couldn't make this stuff up and it really is banana republic stuff, frankly. It's embarrassing and they just need to get a grip.” ~ Robert Marstrand on the sorry state of British politics. Welcome to another episode of the Fatal Conceits podcast, dear listener. In this conversation, Episode #75, we catch up with UK-born investor and fellow Argentine resident, Robert Marstrand. Following his career as an investment banker at...

And now for some more Fatal Conceits… “I think those people at the Nobel Committee must have a sense of humor,” quipped Bill Bonner, in response to the questionable judgement that resulted in Ben Shalom Bernanke being awarded the Nobel Prize for economics earlier this week. “They're either very dumb or very cynical,” Bill continued. “And I'm not sure which it is because, if you remember that time, Ben Bernanke was wrong about everything. And no major issue came to him that he was not wrong...

And now for some more Fatal Conceits… When the Nord Stream pipelines were sabotaged last week (Sept. 26), we immediately fired off an email to energy and resource investor, geopolitical expert and all round man of letters, Byron King. Regular listeners (and readers) will recognize Byron as the man who called out “Germany’s Energy Stalingrad” during our Winter Catastrophe summit. That was back in December of 2021, when European technocrats were still guffawing over suggestions that their...

And now for some more Fatal Conceits… “Let me take this opportunity to antagonize those of our listeners that I haven’t already antagonized…” There are some people who go out of their way to appease others, to say what they think the majority wants to hear, to mollycoddle their audience and make nice with anyone they meet so as not to ruffle any feathers. Doug Casey is not that person. Whether on the prospect of civil war at home… “It seems that Americans have broken into two groups; the...

And now for some more Fatal Conceits… In today’s episode, we welcome serial entrepreneur, investor, author and founder and CEO of Inversor Global , Sr. Federico Tessore. Over the past two decades, Fede has built his financial research business into one of the most successful in the Spanish speaking world (don’t worry… the conversation is in English), with hundreds of thousands of readers across multiple countries up and down Latin America and in Europe. His massively popular #FedeTessoShow...

Welcome to another Fatal Conceits Podcast. In today’s episode, we’re joined by our good friend and regular favorite on the show, Christopher Mayer. Long time listeners will know Chris as the portfolio manager and co-founder of the Woodlock House Family Capital Fund, which he began with Bill Bonner back in 2018. Chris is also a published author who just released his latest book, Dear Fellow Time-Binder: Letters on General Semantics, which you can find here. His blog, in which he ruminates...

A podcast about mobs, markets and manias. Each week, Joel Bowman sits down with a member of Bill Bonner's private research team to discuss the pressing issues of the day. From high finance to lowly politics, irrational markets and international real estate, great wine and classical books, nothing is off the table in these freewheeling discussions. New episodes every Sunday.

And now for some more Fatal Conceits… Last week we brought you Part I of our conversation with Harvard trained geologist and natural resources expert, Byron King. There was a lot on the table for discussion. For instance… Have you noticed news from the Ukraine seems to have dwindled over recent weeks? What was once non-stop, wall-to-wall coverage now garners comparatively little attention. Of course, there are other issues at hand… like inflation at a four-decade high… the worst start to...

And now for some more Fatal Conceits… Last week we brought you Part I of our conversation with Harvard trained geologist and natural resources expert, Byron King. There was a lot on the table for discussion. For instance… Have you noticed news from the Ukraine seems to have dwindled over recent weeks? What was once non-stop, wall-to-wall coverage now garners comparatively little attention. Of course, there are other issues at hand… like inflation at a four-decade high… the worst start to...

And now for some more Fatal Conceits… In today’s episode of the Fatal Conceits podcast, we speak with energy and resources expert and Harvard-trained geologist, Mr. Byron King. In Part I of our conversation, Byron gives us his impressions of the recent PDAC miner’s conference up in Toronto, explains why “revenge travel” is turning airports into zoos and digs into all the resources that you didn’t even know came from Russia… but that the world will have a tough time doing without...

Dear Listener, It’s been a wild year in the world of finance… and no place more so than in Bitcoinlandia. When we spoke to today’s guest, back in February of 2021, Bitcoin had just crested the $40k mark. It since rallied to $60k… plummeted to $30k… catapulted to $70k… and collapsed back to where it is now, somewhere in the low $20k zone. We begin today’s conversation with Charlie Morris on the subject of volatility. If Bitcoin aspires to be a viable, non-dollar asset, how important is...

In this week’s Fatal Conceits Podcast, we’re joined by globetrotting editor of the Real Estate Trend Alert, Ronan McMahon... If the past few years have taught us anything, it’s that the “new normal” is unlikely to look anything like the “old normal.” That goes for the financial world as much as it does the job market and practically everything else about the way you live, work and even spend your leisure time. The “Great Covid Interruption” (and the governments’ responses to it)...

In this week’s Fatal Conceits Podcast we are joined by Bonner Private Research’s own macro man, Dan Denning... When we last touched base with Dan, back in late March, markets were enjoying (what hindsight now reveals was) something of a bear market bounce off their mid-month lows. But Dan was not convinced. He warned that “The Generals” (mega-cap S&P 500 stocks) were poised to beat a disorderly retreat… dragging the broader markets lower as investors “re-evaluated and repriced the...

In this week’s Fatal Conceits Podcast, we are joined by long time friend of the Bonner Private Research group, Mr. Byron King... A Harvard-trained geologist, ex navy pilot and nuclear weapons expert, Byron lends us his unique insights into the unfolding situation in the Ukraine… including sanctions blowback, the bifurcation of the global monetary system, a gold/methane-backed ruble… and what it all mean for the US and Europe. We also touch on the continued erosion of trust in America’s...

“So there are a lot of lessons to be learned here about how governments can really clamp down. So when their policies and their central bank policies are failing, they'll try all sorts of tricks to stop people protecting themselves. You've got to essentially try and get ahead of them.” ~ Robert Marstrand, Investment Director for UK Independent Wealth Ed. Note: Learn more about Rob’s work at Fortune and Freedom, right here TRANSCRIPT: Joel Bowman: All right. Welcome back to the Fatal...

“Try to resist labeling yourself, resist taking on any label because that hems you in. Suddenly, you think yourself as an X. And there's some internal pressure to believe everything that an X believes. And it makes you take sides just based on a label rather than reasoning your way through the issues.” ~ Chris Mayer, manager and co-founder, Woodlock House Family Capital Bonner Private Research is a reader-supported publication. To receive new posts and support our work, consider becoming a...

“Wall Street focuses on earnings or quarterly earnings per share, adjusted earnings, adjusted EBITDA. All this garbage. And it's garbage because it's all adjusted and it's all in the hands of the wizards called CFOs, chief financial officers, and their departments. It's wizardry, it's not accounting.” ~ Eric Fry, editor of Fry’s Investment Report and The Speculator TRANSCRIPT: Joel Bowman: Welcome to another episode of the Fatal Conceits podcast, a show about money, markets, mobs and...

“[T]here are serious problems with our money system. You can either solve them in the way governments have solved them in the past, which is inflating away the debt, which is a huge quality of life issue for people right now on fixed incomes whose costs have gone up, whose rent has gone up, whose fuel has gone up, whose energy costs, whose food. That's happening now.” ~ Dan Denning, Publisher, Bonner Private Research TRANSCRIPT Joel Bowman: I'm Joel Bowman for the Fatal Conceits podcast, a...