Sep 30 2024 65 mins 11
This episode we have returning guest Doomberg. Over the years Doomberg has made multiple appearances on the show and his episodes are some of my favorite to record.
If you don't already know, Doomberg runs one of the largest paid substack newsletters and puts out some incredible content around energy, markets, business, politics, and the other craziness going on in the world.
This episode we talk about how OPEC is losing its influence and the ripple effects that will ensue if the cartel ultimately dissolves. We discuss how ESG has peaked, and how the green movement is on its last leg.
The conversation then turns to politics and what's at stake in the upcoming U.S. election. It has become increasingly apparent that "democracy" is threatening to the establishment as they try to cling to their globalist ambitions in the face of the rising popularity of nationalism in western nations.
Lastly, we talk the economy, the fed, and how alternative assets like Gold and Bitcoin will play an increasingly important role in a world where governments can't stop printing money.
Hope you enjoy the show!
Check Doomberg's substack: www.doomberg.com
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Credits for the BYD video: https://www.youtube.com/@Wheelsboy
Timestamps:
00:00:00 - Intro
00:01:12 - Doomberg's Return and Background
00:01:14 - China's Role in Natural Gas Market
00:02:15 - OPEC and Changing World Order
00:03:39 - Impact of OPEC's Strategy on Natural Gas Sector
00:04:27 - OPEC's Influence and Future
00:06:07 - OPEC's Past Strategies and Current Situation
00:11:36 - Natural Gas Displacement and Transportation
00:14:20 - Impact of Natural Gas on Oil Production
00:17:00 - Natural Gas in Transportation: Case of China
00:18:53 - China's Pollution Concerns and Shift to LNG
00:20:22 - Natural Gas and US Manufacturing
00:22:06 - Shift in Energy Investment Trends
00:23:15 - Discussion on ESG and Energy Policies
00:26:27 - Impact of Energy Policies on Industries
00:29:53 - Energy Policies and Democracy
00:31:51 - Current Political Climate
00:34:27 - Elon Musk's Impact on Free Speech
00:37:34 - Nationalists vs Globalists Debate
00:40:54 - Election and Voting Perspectives
00:42:55 - Discussion on Trump's Strategy
00:44:59 - The Role of Twitter and Substack
00:46:42 - The Role of Gold and the Global Economy
00:49:42 - The Impact of the Upcoming Elections
00:56:22 - Discussion on Gold as a Reserve Asset
00:57:25 - Bitcoin and the Financial Institutions
