Yesterday I had two guests on the podcast, Karst Research and Dylan (aka Jake LaMotta, aka Raging Bull Capital), to talk about Calumet $CLMT . You should all go check out their Substacks below. You can also find them on Twitter (here and here). It was an interesting conversation on a stock that has several catalysts lined up in the near future. We talked about the DOE loan that is expected to close before year end, the different segments of the business, and more. Podcast Summary * We talked...

Yesterday I had Will Tanner from The American Tribune on the podcast to discuss Rhodesia, Ronald Reagan, and the future of America and Britain. You can also find Will and his viral threads on Rhodesia on Twitter. It was an interesting and wide ranging conversation on Rhodesia, its parallels to the current state of the US, and other topics that will certainly give listeners food for thought. Podcast Summary * We talked about the history of Rhodesia and how it went from the breadbasket of...

On Friday I had Sal Mercogliano on the podcast to talk about all things shipping. His YouTube channel, What’s Going On With Shipping, is a great resource to stay up to date on all of the things that have an impact on the sector. You can also find him on Twitter. We talked about the incoming Trump administration and some of the different shipping sectors. Podcast Summary * The potential impact of tariffs from the Trump Administration, particularly the impact on China. We also talked about how...

My guest on today’s podcast is E.M. Burlingame, a former Green Beret with wide variety of career experiences in different parts of the financial world. I first heard him on The Coffee And A Mike Podcast, but we had a great discussion on the results of the Presidential Election and everything else that is going on in the world right now. You can also find him on Twitter, or his books on Amazon. Podcast Summary * The results of the Presidential Election, and what might happen as Trump...

Yesterday I had Peter R. Quiñones on the podcast to discuss the upcoming Presidential Election, geopolitical events in the Middle East and Ukraine, and our occupied government. You should all go check out Pete’s podcast and his Twitter. He’s a very entertaining follow, and his frequent podcasts are one of the reasons I stayed sane during the COVID lockdowns a couple years ago. Podcast Summary * The predicament that the Regime has with letting Trump become President. * Why he thinks Trump will...

Once you realize it’s all nonsense then it all makes sense. A couple days ago, I had fellow Substack author Le Shrub on the podcast. He writes over at Reminiscences of a Shrub Operator, and if you don’t already follow him, you should. He’s clearly the most talented trader in the plant kingdom, but we had a great conversation on different commodities, the market, and several stocks of interest. He’s also a very entertaining follow on Twitter. Podcast Summary * His preferred way to get...

Yesterday I had Larry Johnson on the podcast to talk about all of the things going on around the world. He’s former CIA and a very sharp geopolitical analyst. We talked about what is going on in the Middle East with Israel and Iran, Ukraine, and how the US Presidential election might play out. You can find him at SONAR21, where he breaks down current events here in the US and abroad. Podcast Summary * We talk about Israel and the multiple fronts that have been in the news as of late. * The...

Last week I had Mihail Stoyanov, the author of TheOldEconomy, on the podcast to talk about shipping, commodities, and his investment strategy. With his background in the shipping sector, he was able to give some valuable insights into the different subsectors worth keeping an eye on moving forward. We also talked about commodities, his options strategy, and other opportunities he finds attractive today. Podcast Summary * We talked about why he likes Cape Size vessels, and Navios Maritime...

We had a double dip on the podcast last week, so I’ll be posting this one instead of the Videos of the Week. I had Stormy Waters on the podcast, someone who is a must follow on Twitter. He is anonymous, but he has sold a couple businesses and is now focused on venture capital, private businesses, commodities, and public equities. It was one of those conversations where you forget you’re even recording. The YouTube hall monitors probably wouldn’t like some of the language, so fair warning on...

This is a free preview of a paid episode. To hear more, visit www.kontrariankorner.com I wanted to ramble on some of my thoughts on three situations that I’m paying the most attention to right now, and why I have been adding to Sable Offshore $SOC and Navios Maritime Partners $NMM . I also talk about Calumet $CLMT and what I’m watching there between now and mid-October. I’ll be writing part 2 today, which will focus on the rest the portfolio, different commodities, and sectors I have...

After talking with Vince Lanci VBL a while back, he said I should have Brynne Kelly on to talk about oil markets, and after the recent action in oil, I figured now was as good of a time as any. We talked about oil and natural gas, LNG, energy infrastructure, among other topics. Podcast Summary * Her view on owning energy equities, and why she prefers to get energy exposure directly through the commodities. * OPEC spare capacity as the overhang on oil markets for now. * Her thoughts on oil...

This week I had Judd Arnold of Lake Cornelia Research Management on the podcast. We discussed two companies I have been very interested in, Sable Offshore $SOC and Navios Maritime Partners $NMM . Judd walked through the numbers on both companies and explained what he thinks the next couple years look like for both companies. We also discussed some of the names in the offshore space, which has had a rough month along with oil. Podcast Summary * The regulatory situation in California and how...

This is a free preview of a paid episode. To hear more, visit www.kontrariankorner.com I wanted to get something out early this week after the bloodbath for oil and the energy equities. Price drives narrative, and we saw that last week for oil. I’m still stubbornly bullish, but that doesn’t mean oil won’t go lower short-term. I do think that the risk/reward from here is skewed, but that doesn’t make last week any less painful. Summary * I went through some of the things I found interesting...

I was able to get Rudy Havenstein on the podcast last week for a great conversation. We talked about his investing strategy, real estate, inflation, and much more. If you don’t already follow him on Twitter, he’s one of the most entertaining accounts to follow. I don’t see volatility as risk. I see risk as permanent loss of capital. Podcast Summary * His investing strategy, which is focused on the long term and looking for stuff that is out of favor. He’s heavy in energy but also has some...

Last week I had Matt Erickson of the Kingpilled podcast on the show to talk about the PayPal Mafia. We’re closing in on two months to election day, and I wanted to get him on to chat about some of the influential groups behind the scenes and what he sees coming for the rest of the year. Matt’s worth a follow, and you can find him on YouTube and Twitter. Podcast Summary * We go down the PayPal Mafia rabbit hole, talking about the influence of figures like Peter Thiel and Elon Musk. * We...

This is a free preview of a paid episode. To hear more, visit www.kontrariankorner.com This was one of my favorite podcasts I have recorded so far and I had to go listen to it a second time last night. I haven’t found many investors like PauloMacro that are as good at painting a picture of where we are today in financial markets and where we might be going. If you aren’t able to get enough from his Substack, you can also find him on Twitter. Inflationary recessions create monetary...

This is a free preview of a paid episode. To hear more, visit www.kontrariankorner.com A lot of people seemed to like this format, so I figured I would stick with it. I talked a bit about some of my thoughts on the inverted yield curve, interest rates, and recession. I also talked about oil and geopolitical risk, recent events in the coal sector, and current political events. For paid subscribers, I also talked about recent trades and Navios Maritime Partners $NMM . Summary * Some rough...

Last week I had Vince Lanci on the podcast. He’s a veteran trader and the author of the Gold Fix Substack. You can also find him on Twitter. We talked about the unnatural price action in oil, the precious metals and some opportunities there, as well as some of the interesting dynamics going on between the Fed and the Treasury. You can also watch the video on YouTube below. Podcast Summary * Vince’s expected path for oil over the next three to five years. * His thoughts on how the election...

I decided to keep this one free for everyone so I could experiment with a new format. I wanted to put out a quick update on what I think is interesting right now in the portfolio. Like all of my best ideas, the name came to me at 2:00 in the morning while I was staring at the ceiling waiting to fall asleep. If any of you have suggestions for features you would like to see on the Substack, or topics you want me to cover, feel free to send me a message or leave a comment. Video Summary *...

Last week I had Dexter White on the podcast. He’s the editor of Gold, Goats n’ Guns and I enjoyed our conversation. You can also find him on Twitter. We covered the US election, geopolitics, unrealized capital gains, artificial intelligence, and more. You can also watch it on YouTube below. Podcast Summary * We covered the US Presidential election and Tim Walz as the VP pick for the Democrats. * The Trump assassination attempt and his thoughts on a second attempt. * Iran, Israel, and the...

I had Dave Collum and Tom Luongo on the podcast fairly early, so naturally I was getting questions on when I would have Jim Kunstler on the podcast. He’s the author of The Long Emergency, and is a sharp commentator on current events, politics, and changes in long term trends. He writes two posts a week on his Substack that are just as likely to make you laugh as they are to make you angry about the predicament America is in today. This episode was recorded before Biden dropped out of the...

Last week I had Anas Alhajji on the podcast to discuss all things energy. For anyone interested in oil, gas, or coal, you will definitely learn something from this one. We hit on a wide variety of topics, but you can also watch it on YouTube here. We talked about the greatly exaggerated death of the petrodollar, and what would be required for the Saudi Riyal to depeg from the US Dollar. I know that I have listened to multiple podcasts recently talking about the death of the petrodollar, and...

Earlier this week, I had Mike Farris on the podcast. He’s the host of the Coffee and a Mike podcast, where has guests on to discuss a wide range of topics, from geopolitics and current events to financial markets and health. We had a great discussion covering what America has in store in coming years and some of the issues we face as a country. You can also watch it on YouTube. Podcast Summary We hit on a wide range of topics on the podcast, including: * The golden era of academia being over,...

Late last week I had Andy from Finding Value Finance on the podcast to discuss his thoughts on markets, commodities, and where some of the best opportunities in the market are. He has great daily updates on what is going with the market, commodities, and other sectors of interest. You can also find him on Twitter. He looks at fundamentals as well as technicals, and is a part of why I have started to include some technical analysis in my process. I have included the video below, but you can...