Wealthion - Be Financially Resilient

Is the bond market really warning of a U.S. debt crisis — or are investors misreading a distorted market signal? Michael Green, Chief Strategist and Portfolio Manager at Simplify Asset Management, joins Maggie Lake to explain why passive investing, regulation, and hidden leverage may be warping the way markets price risk. He argues that what many see as a collapse warning in long-term bonds may actually be a mechanical consequence of how capital is being allocated. Green also breaks down why investors may be ignoring one of the clearest retirement opportunities in years, why liquidity is weakening beneath mega-cap stocks, and why he believes the “real craziness” in markets may still be ahead.

💡Michael Green warns that passive investing, hidden leverage, and distorted market signals may be leaving investors exposed to risks they don’t fully see. Make sure your portfolio is prepared — get a free review with Wealthion’s trusted financial advisors at https://bit.ly/4wYAhfe

💡Michael Green warns that broken market signals, passive investing flows, and hidden leverage could create serious risks for traditional portfolios. For investors looking beyond stocks and bonds, join Wealthion’s Real Assets Community for exclusive real-assets research and interviews: https://bit.ly/4v5NctY

Chapters:
00:00 — Michael Green’s Warning: Market Signals Are Broken
00:39 — Why Mike Wrote an Open Letter to the Treasury Secretary
01:04 — The Distortion Spreading Into the Bond Market
01:25 — Why a 5% 30-Year Bond Should Be Attracting Buyers
02:08 — Why Institutions Still Aren’t Changing Allocations
02:30 — How Passive Bond Indexing Creates Distortions
03:01 — Why Low-Coupon Bonds Are Being Ignored
03:36 — Are Investors Misreading the U.S. Debt Crisis?
04:47 — Passive Investing and the Breakdown of Price Signals
05:26 — Is the 60/40 Portfolio Really Dead?
06:12 — Why the 30-Year Bond May Help Retirees
07:04 — Why Investors Are Chasing Stocks Over Safer Yield
08:01 — Is the Government Bond Market Dysfunctional Globally?
09:27 — Mike’s “Golden Retriever” Explanation of Bond Prices
10:20 — Why Lower Bond Prices Don’t Mean Credit Distress

Connect with us online:
Website: https://www.wealthion.com
X: https://www.x.com/wealthion
Instagram: https://www.instagram.com/wealthionofficial/
LinkedIn: https://www.linkedin.com/company/wealthion/

#Wealthion #Wealth #Finance #Investing #PortfolioReview #InvestmentAdvice #FinancialPlanning #WealthManagement
________________________________________________________________________
IMPORTANT NOTE: The information, opinions, and insights expressed by our guests and our hosts do not necessarily reflect the views of Wealthion or the views of their respective employers. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.
 
While we value and appreciate the insights shared by our esteemed guests and hosts, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion or their respective employers. These opinions should not replace your own due diligence or the advice of a professional financial advisor.
 
We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.
 
The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.
Learn more about your ad choices. Visit megaphone.fm/adchoices

Legendary gold investor Pierre Lassonde joins Wealthion’s Trey Reik to explain why he believes gold’s bull market is far from over — and why his $17,000 gold target may be more floor than fantasy. Lassonde argues that today’s market has eerie similarities to the 1970s: energy shocks, sticky inflation, rising deficits, financial repression, and a political system with little will to tackle the debt. He says those forces are reshaping the investment landscape and could drive gold dramatically higher as investors seek protection from currency debasement and declining confidence in paper assets. In this conversation, Lassonde breaks down his Dow-to-gold ratio framework, why he believes the Federal Reserve may not be able to stop inflation the way Paul Volcker did, and why gold remains one of the clearest signals of stress in the global monetary system.

💡Pierre Lassonde says $17,000 gold may be more “floor” than fantasy as deficits, inflation, and monetary change reshape the investment landscape. For more exclusive real-assets research and interviews, join Wealthion’s Real Assets Community: https://bit.ly/49rEcqK

💡With gold, inflation, and real assets back at the center of the market conversation, is your portfolio prepared? Get a free review with Wealthion’s trusted financial advisors at https://bit.ly/4va4iqv

💡Attend Rick Rules’ Natural Resource Symposium in Boca Raton this July, click here for in-person and virtual tickets: https://cvent.me/XOqdLa?via=Wealthion

Chapters:
00:00 — Cold Open: $17K Gold & Inflation Warning
00:55 — Trey Reik Welcomes Pierre Lassonde
02:04 — Why This Interview Is a “Reset” Moment
03:26 — Pierre Explains His $17,250 Gold Target
05:41 — Deficits, Debt, and Why Gold Goes Higher
06:59 — Financial Repression and the Fed’s Dilemma
08:18 — Why $17K Gold May Be the Floor
08:53 — Is Today Really Like the 1970s?
10:24 — Energy, Fertilizer, Food Inflation, and Wages
12:50 — Is Gold Still an Inflation and Geopolitical Hedge?
13:41 — Why Gold Can Pull Back Before Surging Again
16:22 — “Anyone Complaining?” Gold’s Bigger Move
17:05 — EXCLUSIVE: Pierre’s Four Conditions for Gold
20:35 — EXCLUSIVE: The Dollar Standard Is Shifting
23:05 — EXCLUSIVE: Why Gold Could Explode Higher
25:35 — EXCLUSIVE: Are Gold Miners Being Mispriced?
31:55 — EXCLUSIVE: How Pierre Values Gold Stocks
38:25 — EXCLUSIVE: Where Investors Should Look in Mining
46:10 — EXCLUSIVE: Jurisdiction Risk Is Very Real
49:20 — EXCLUSIVE: Copper, Gold, and Critical Metals
54:20 — EXCLUSIVE: Fuerte, Yukon, and the Next Mining Opportunity

Connect with us online:
Website: https://www.wealthion.com
X: https://www.x.com/wealthion
Instagram: https://www.instagram.com/wealthionofficial/
LinkedIn: https://www.linkedin.com/company/wealthion/

#Wealthion #Wealth #Finance #Investing #PortfolioReview #InvestmentAdvice #FinancialPlanning #WealthManagement
________________________________________________________________________
IMPORTANT NOTE: The information, opinions, and insights expressed by our guests and our hosts do not necessarily reflect the views of Wealthion or the views of their respective employers. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.
 
While we value and appreciate the insights shared by our esteemed guests and hosts, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion or their respective employers. These opinions should not replace your own due diligence or the advice of a professional financial advisor.
 
We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.
 
The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Jim Bianco warns that beneath the market’s record highs, the rally is dangerously narrow — with AI and chip stocks doing most of the heavy lifting while large parts of the market struggle. He explains why AI may be the most important force in financial markets right now, how one private AI company is distorting S&P 500 earnings, and why investors may need to rethink what realistic returns look like in this new regime.

💡Jim Bianco says AI is now the most important force in financial markets — even bigger than oil, war, or recession fears. Concerned about what this means for your portfolio? Get a free review with Wealthion’s trusted financial advisors at https://bit.ly/4nRoSK0

💡Jim Bianco says AI is holding up the market — but beneath the surface, the rally is narrow and investors may need to rethink diversification. For those looking beyond tech and paper assets, join Wealthion’s Real Assets Community for exclusive research and interviews: https://bit.ly/3PDn9Lp

💡Attend Rick Rules’ Natural Resource Symposium in Boca Raton this July, click here for in-person and virtual tickets: https://cvent.me/XOqdLa?via=Wealthion

Chapters:
00:00 — Are Stocks Immune From Global Macro?
00:35 — The Rally Is Narrower Than It Looks
01:05 — AI Is Holding Up The Market
01:28 — Seven Stocks Are Carrying The Index
01:57 — Can Investors Underweight Stocks?
02:05 — Why The AI Boom Isn’t Totally Irrational
02:57 — The AI Cross-Ownership Effect
03:24 — Anthropic’s Huge Impact On S&P Earnings
04:20 — Why Valuations Haven’t Gone Crazy
04:47 — Can AI Spending Be Justified?
05:10 — The Software Stack AI Could Replace
06:24 — Replacing Software With One Prompt
06:50 — AI’s iPhone Moment
07:33 — The Promise And Risk Of AI
08:07 — Why Google Can’t Afford To Lose AI
09:17 — AI Only Works If It Replaces Existing Costs
09:40 — Big Winners, Big Losers
10:30 — Resetting Return Expectations
11:32 — Taking More Risk For Higher Returns
11:53 — Bonds And TIPS Become Attractive Again
13:03 — Take 5% And Sleep At Night

Connect with us online:
Website: https://www.wealthion.com
X: https://www.x.com/wealthion
Instagram: https://www.instagram.com/wealthionofficial/
LinkedIn: https://www.linkedin.com/company/wealthion/

#Wealthion #Wealth #Finance #Investing #PortfolioReview #InvestmentAdvice #FinancialPlanning #WealthManagement #AI #ArtificialIntelligence #StockMarket #Markets #JimBianco #MarketOutlook #Bonds #Inflation #RiskManagement #WealthionInvesting
________________________________________________________________________
IMPORTANT NOTE: The information, opinions, and insights expressed by our guests and our hosts do not necessarily reflect the views of Wealthion or the views of their respective employers. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.
 
While we value and appreciate the insights shared by our esteemed guests and hosts, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion or their respective employers. These opinions should not replace your own due diligence or the advice of a professional financial advisor.
 
We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.
 
The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.
Learn more about your ad choices. Visit megaphone.fm/adchoices

💡Get a free review with Wealthion’s trusted financial advisors at https://bit.ly/4wIQqFk

Daniel Lacalle, Chief Economist at Tressis and author of The New Global Economic Order, joins Maggie Lake to warn that the old portfolio playbook may no longer protect investors. Lacalle argues that persistent inflation, rising government debt, and what he calls a coming “monetary tsunami” are eroding the purchasing power of salaries, cash, and deposit savings. He explains why long-term bonds may no longer act as the safe haven investors expect, why real assets are rising as currencies lose value, and why stocks could continue to melt up even as the real economy feels weaker. From sovereign debt risk and higher yields to gold, silver, copper, coal, China, Europe, and the future of American exceptionalism, Lacalle lays out why investors may need to rethink how they protect wealth in a world of fiscal excess and currency debasement.

💡Join Wealthion’s Real Assets Community for exclusive real-assets research and interviews: https://bit.ly/4wIBO8Q

Chapters:
00:00 Why Investors Are Mispricing Risk
00:58 Bonds May No Longer Protect Portfolios
02:56 The “Monetary Tsunami” Ahead
05:49 Are We Facing a Sovereign Bond Crisis?
08:04 Why Voters Keep Demanding More Spending
11:20 Savers, Inflation & Lost Purchasing Power
13:11 Why Rate Cuts May Not Fix Higher Yields
15:42 Can Stocks Melt Up Anyway?
18:13 Why Value Investors Face a Tough Market
20:46 Stranded Assets & Government Tax Risk
24:02 Why the U.S. Still Leads Global Markets
27:39 China, Central Planning & American Exceptionalism
31:50 Gold, Silver & the Role of Real Assets
35:09 The New Global Economic Order
41:03 Geopolitical Risk, Ukraine & Iran
44:35 Final Thoughts

Connect with us online:
Website: https://www.wealthion.com
X: https://www.x.com/wealthion
Instagram: https://www.instagram.com/wealthionofficial/
LinkedIn: https://www.linkedin.com/company/wealthion/

#Wealthion #DanielLacalle #MaggieLake #Inflation #Savers #PurchasingPower #RealAssets #Gold #Silver #Commodities #CurrencyDebasement #MoneySupply #Investing #Finance #Markets #Macro #Economy #Wealth #PortfolioStrategy #WealthManagement
________________________________________________________________________
IMPORTANT NOTE: The information, opinions, and insights expressed by our guests and our hosts do not necessarily reflect the views of Wealthion or the views of their respective employers. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.
 
While we value and appreciate the insights shared by our esteemed guests and hosts, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion or their respective employers. These opinions should not replace your own due diligence or the advice of a professional financial advisor.
 
We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.
 
The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.
Learn more about your ad choices. Visit megaphone.fm/adchoices

💡Get a free review with Wealthion’s trusted financial advisors at https://bit.ly/3PBaXei

Jim Bianco, President of Bianco Research, joins Maggie Lake at a critical moment for markets: oil prices remain elevated, global bond yields are under pressure, and investors are suddenly questioning whether the Fed can cut rates at all. Bianco explains why the bond market is reacting to renewed inflation risk, why the path from expected rate cuts to possible rate hikes has happened so quickly, and why higher Treasury yields could eventually start to weigh on stocks. He also breaks down the narrow AI-led rally, with Nvidia earnings putting the market’s dependence on chip stocks and data-center spending back in focus. With bonds, oil, inflation, the Fed, and AI all colliding, Bianco lays out what investors should watch next — and why the market may be more fragile than the indexes suggest.

💡Join Wealthion’s Real Assets Community for exclusive real-assets research and interviews: https://bit.ly/4wLeck8

Connect with us online:
Website: https://www.wealthion.com
X: https://www.x.com/wealthion
Instagram: https://www.instagram.com/wealthionofficial/
LinkedIn: https://www.linkedin.com/company/wealthion/

#Wealthion #Finance #Investing #JimBianco #BiancoResearch #MaggieLake #Bonds #BondMarket #TreasuryYields #InterestRates #FederalReserve #RateHikes #Inflation #OilPrices #Markets #StockMarket #Macro #PortfolioStrategy #WealthManagement
________________________________________________________________________
IMPORTANT NOTE: The information, opinions, and insights expressed by our guests and our hosts do not necessarily reflect the views of Wealthion or the views of their respective employers. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.
 
While we value and appreciate the insights shared by our esteemed guests and hosts, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion or their respective employers. These opinions should not replace your own due diligence or the advice of a professional financial advisor.
 
We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.
 
The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.
Learn more about your ad choices. Visit megaphone.fm/adchoices