Value investor Brian Hirschmann, managing partner of hedge fund Hirschmann Capital, makes his debut on episode 152 of The Julia La Roche Show.
In this episode, Hirschmann argues that we're currently in the most dangerous time in financial history and that three bubbles—stocks, real estate, and global bonds—could all burst.
Hirschmann also makes the case that we'll likely see more persistent inflation in the future, given the massive deficits and debt burden. He argues that the price of gold could soar to $7,000.
For investments, he favors gold miners and exposure to international equities.
Links: https://www.hcapital.llc/
00:00 Introduction and Macro View of the Economy
00:43 Dangerous Time in US Financial History
03:08 Consequences of Crisis Suppression Policy
04:35 US Equity and Real Estate Bubbles
06:27 Government Debt Problem
08:20 Global Government Debt Crisis
09:47 Government Debt Crisis and Private Sector Recession
11:03 Gold's Performance and Market Environment
13:13 Factors Affecting Gold's Valuation
19:36 Fed Policy and Fiscal Dominance
23:39 Impact of Fiscal Dominance on Gold
27:26 Investing in Gold Mining Companies
31:53 Impact of Bubbles Bursting
35:36 Potential Impacts of Recession
40:10 Likelihood of Recession
44:21 Closing Remarks
#037 Axel Merk On The Fed's Sledgehammer Approach To The Economy
#036 Jim Rickards: We're Looking At A Global Recession
#035 Envestnet Co-CIO Dana D’Auria On Personalizing Portfolios
#034 Carson Block On Latest Shorts And The 'Mass Investing Delusion' Of ESG
#033 Jan Van Eck On Why Now Is The Time To Buy Bonds
#032 Scott Galloway: It's Never Been Easier To Become A Billionaire, But It’s Never Been Harder To Become A Millionaire
#031 Danielle DiMartino Booth On Recession, Housing, And Killing The Fed Put
#030 Vitaliy Katsenelson On The 'Dot-Com Bubble 2.0' Ushering In 'A Value Investor's Paradise'
#029 Steve Case On Peak Silicon Valley And The Rise Of The Rest
#028 Dr. Nomi Prins On How The Fed Created A ‘Permanent Distortion’
#027 Rick Rule: The Damage Will Be Severe But Survivable
#026 Brent Donnelly On Why It’s Starting To Feel Like 2001
#025 Alex Gurevich On Why Deflation — Not Inflation — Is The Real Concern
#024 "Convexity Maven" Harley Bassman On Repricing For Reality
#023 Nick Maggiulli On Why You Should ‘Just Keep Buying’
#022 Brent Johnson On The "Dollar Milkshake" Theory And Why A Currency Crisis Is Ahead
#021 Jim Rickards: We're Going To Wake Up This Winter With A Severe Recession
#020 Josh Brown: You Weren’t Supposed To See That
#019 Marty Chavez On How Software Ate Finance
#018 David Friedberg On Reimagining The World Through Decentralization
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast