Doomberg Decodes: Pumpamentals, Market Riddles, Energy, Gold/China, Uranium & Canada
Вставка
- Опубліковано 22 тра 2024
- In this conversation, Doomberg (doomberg.substack.com/) joins Pierre and Mike to discuss various topics including Bitcoin, the parallel between Michael Saylor and Hugo Stinnes, speculative mania, the parallels in the borrowing strategy of Hugo Stinnes and Michael Saylor, pumpamentals driving distortions in the market and the flywheel effect, the geopolitical implications of the Russia-Ukraine conflict, the dangers of do-gooders and climate newspeak, and the natural gas situation and its unexpected impact on the economy.
The conversation covers various topics related to the resource and wealth potential of Canada and the US, the prolific natural gas development in the US, the strength of the US economy, Mexico's hidden benefit from natural gas, the importance of secure borders, the economic boom in northern Mexico, the inconsistency of border security measures, the price discrepancy between natural gas and oil, the impact of natural gas prices on the economy, the role of natural gas in manufacturing, the implications of the Tonga eruption, the debate on climate change and carbon emissions, the potential consequences of sanctions on Russia, the capabilities of Russia, China, and India, the dangers of provoking Russia, the rise of nuclear power and gold, the primetime data center and the future of energy, and the importance of nuclear power for the AI revolution.
Timestamped Highlights:
00:00 Discussion on natural gas, gold, energy markets.
05:58 Market moves driven by disregard for valuation.
13:36 Investors signed up for high-risk technology bets.
20:37 Lindsey Graham, Neo Khan, warmonger; Russia's formidable power.
24:20 Refinery explosion led to windfall profits.
28:21 Canada should be wealthiest country in the world, per capita, but
31:54 Transition to rebirth amid challenge and criticism.
37:22 US natural gas production boost economy, averted recession.
41:27 Biden's immigration plan, Mexico's industrial boom.
45:07 Mexico's development crucial for North American stability.
49:48 Permian wells transition to more gassy, higher-tier.
56:23 Wars, track record, flawed assumptions, global genius.
01:00:44 Gold premium in Shanghai indicates market dynamics.
01:10:31 Axiom: Nuclear power is essential for data centers.
01:13:08 Objective: Learn, think, laugh, top finance substack.
Takeaways
- Michael Saylor's bet on Bitcoin has paid off, demonstrating the potential of high volatility assets.
- Speculative manias often precede currency debasements, making Bitcoin and crypto of interest.
- The borrowing strategy of Hugo Stinnes (WWI) and Michael Saylor (today) highlights the importance of real assets.
- Pumpamentals and the flywheel effect can create market distortions and lead to irrational behavior.
- The Russia-Ukraine conflict and geopolitical tensions have significant implications for energy markets.
- The dangers of do-gooders and climate newspeak can lead to the suppression of speech and the lack of trade-off discussions.
- The abundance of natural gas in North America has prevented a potential recession and supported the manufacturing and industrial sectors. Canada and the US have significant resource potential under the right leadership.
- The US is the most prolific natural gas producer in the world, with a sophisticated downstream manufacturing sector that takes advantage of cheap hydrocarbons.
- Mexico is a hidden beneficiary of the natural gas boom, with an industrial boom happening in northern Mexico powered by cheap natural gas.
- Secure borders are important for stability and economic growth.
- The price discrepancy between natural gas and oil has significant implications for the economy.
- Nuclear power and gold play important roles in the future of energy and wealth preservation.
- The AI revolution and the electrification of various industries will drive the demand for energy.
Where to find Doomberg
doomberg.substack.com/
Copyright © AdvisorAnalyst.com
Very enjoyable and educational conversation. Doom is amazing!
28:20. On Trudeau hahaha
I had my daughter evaluated by the Russian School of Mathematics in NYC because our public schools are garbage. The teacher told me that in Russia they start learning algebra in kindergarten. Russia will be eating our lunch someday.
When in a 1000 years?
@@billmc5457 in your life time unless you’re older than 80
An honor to have a chicken on the podcast .
Have to listen to this 2x.
OK second time I got it. Great interview.
@@revview5594 thx for that. I thought it meant at 2x speed, which sounded weird
@@HoroRH Yes 2X speed would be 5th Element LeeLoo level comprehension. Used to work in Canadian primary industries (power generation, papermaking, mainly) so everything recounted seemed accurate to me. Entire industries hollowed out, sold (e.g., Alcan thx to BC province woke-chicanery), destroyed, financialized so Canada has been that woke-regulatory tail event bellweather indicator of what happens in America.
🇨🇦 🍻
That's good Chicken
Doomberg loses me on his oil view. He says WTI would be 40 bucks without a war premium. $40 risk premium is comical, seems that he's just doubling down on a bad call he made 9 months ago and in no way reflects the existing demand and marginal costs out there. Thanks for the interview.
There is too many things to considerate like 20 dollars barrel when Trump was president other is devaluation of currency and War. What if the usa dollars it will worth 1/2 of what is right now in 5 years so this 80 dollars for barrel will be diferent value that now days compare overage minimum wage . Its complicated .
EXCELLENT
If the change in my pocket can buy the gas to power my home for 11 days then why is my bill $350 and while I agree with at least half of what is said , any discussion of the negative consequences of franking is conspicuously absent. I will have to explore more of the chickens work to maybe find some
Totally "Dr Strangelove' hour.
EXCELLENT REPORT.I HAVE THE SAME VIEW
Everything tracks full circle ,it just might not happen in my lifetime I am 71 and hope in the future
I agree sbout Peter.
The only reason you suffer at airports and borders is simply....."because they can"....there is absolutely no doubt in my mind any determined individual could get onboard an aircraft and bring it down
This guy is a 🤡 ever since he suddenly changed his stance on oil AFTER the price move 😂
I remember last year there was so much hype on this guy. A guy who hides his identity, doesnt buy the themes he writes about, doesn't talk about individual stocks. Has zero skin in the game but basically is some sort of "information guru" behind a paywall Ofcourse.
pumpamentals ...its fun- for-mentals
💧. . .
Remember when we sort of decided to let unlimited money into our political sphere. I would love the guests opinion of how that's worked out.
Remember the US national SURPLUS in Y2K?
Now he's talking about gold AFTER the initial move. Ofcourse😂 and selling the nuclear power will power data centers narrative that's being circulated on twitter tdy 😂😂😂😂
Move to El Salvador?
Based regime in power. Open to crypto economy and experiencing a baby boom after locking the criminals up.
Absolutely incorrect on “amazing universities”. Otherwise I agree with most of your analysis. 👍🏻
Money flowing into BTC ETF's and out of gold ETF's; who is the Patsy?
I dont how you figure we started this war
Unlimited money = Unlimited bullshit.😂
20:55 great quote on the Nordstream and OJ. We've investigated ourselves and found nothing wrong, as usual.
Disagree with Doomberg about canada’s relatively smart immigration policy.. esp under Trudeau.
Also Canada’s economy is largely oligopolistic, whether its telecom, banking, but his point about unwillingness to exploit ressources is spot on… Quebec would rather block o&g pipelines ‘to protect their natural habitats’, so instead they accept tankers in the st-lawrence river 😂
Same old same old. Speculators trying to make money doing nothing and caring only about making money. Tiringly consistent.
I’m not sure why some here argue against the bird on energy price being artificially high- it is easily proved from the technological advance we have undeniably witnessed. But bird is wrong with his latent anti Trump bias and praise for Canada’s immigration policy and institution . Bird must mean a Canada “ had” such policy at one time in the past.
LOL RISKS they said. Anyone that describes bitcoin as Risk doesnt understand bitcoin
As a person who was just randomly recommended thi svideo in which you're tlaking to a cartoon character in all seriousness without explaining up front cuz I have no idea who this is, it seems I can't even wrap my head around this. Sorry, you need to preface that.
I stopped listening to "Doomberg" years ago. I WILL NOT watch someone who hides behind a stupid cartoon character. Simply ridiculous.
Trudeau is so baddd. Election pleaseee
Doomberg has Trump Derangement Syndrome! Stay in your lane!
We literally had an attempted coup last election because baby-man mr. orange couldnt take his L
Between you and Doomberg, I think this channel is for the birds.
I can look away from the animation but I do wish D would get a more natural sounding vocal filter or turn it off. He sounds like a teenager with a computer that doesn't keep up with what the microphone delivers.