Lobo Tiggre: The Fed Isn’t Done Breaking Things
In this episode of Palisades Gold Radio, we welcome back Lobo Tiggre, author and publisher of theindependentspeculator.com, about his predictions for the economy in 2024. Tiggre acknowledges that there were signs of a recession in various sectors in 2022, but low interest rates and labor hoarding prevented it from fully materializing. However, he believes that a recession will soon become undeniable, possibly in the first half of the year, based on indicators such as the declining trend in job openings. Tiggre expects a softer landing for the economy only if indicators prove to be wrong and the overall health of the economy is stronger than believed.
He also discusses the de-dollarization trend, which he sees as a long-term mega trend that will eventually lead to the downfall of the dollar as the world’s reserve currency. He notes that de-dollarization is already happening but expects it to take decades to have an impact on his investment decisions. Tiggre believes that gold will continue to perform well, especially in a recessionary environment, and advises investors to focus on undervalued gold stocks, particularly developers building their first mine. He draws a parallel with his successful bullish call on uranium, where strong fundamentals and positive technical indicators eventually led to a rise in prices. While Tiggre acknowledges the risks involved, he remains bullish on gold and sees potential for significant price increases.
Time Stamp References:
0:00 – Introduction
0:52 – Fed & Recession Trend
5:48 – Labor Reporting
7:46 – Soft Landing Requirements?
10:23 – Fed Trend Change?
14:48 – Inflation Targets
17:07 – Input Costs & Inflation
24:30 – Fed “Independence”
25:39 – De-Dollarization Trends
29:33 – Global Weakness
32:47 – Saudi Oil Cuts & Price
34:27 – Lithium Demand & Slowdown
37:47 – Gold Bearish Scenario?
40:52 – Risk/Reward Gold Opportunity
45:12 – Uranium & Rick Rule
49:32 – Secondary Supply?
55:46 – Takeover Possibilities
57:09 – Spot & Contracts
1:01:00 – Wrap Up
Guest Links:
Website: https://independentspeculator.com
Twitter: https://twitter.com/duediligenceguy
Facebook: https://www.facebook.com/louis.james.965580/
Linkedin: https://www.linkedin.com/in/lobotiggre/
Lobo Tiggre, aka Louis James, is the founder and CEO of Louis James LLC, and the principal analyst and editor of IndependentSpeculator.com. He researched and recommended speculative opportunities in Casey Research publications from 2004 to 2018, writing under the name “Louis James.” While with Casey Research, he learned the ins and outs of resource speculation from the legendary speculator Doug Casey.
Although frequently mistaken for one, Mr. Tiggre is not a professional geologist. However, his long tutelage under world-class geologists, writers, and investors resulted in an exceptional track record.
A fully transparent, documented, and verifiable track record is a central feature of the IndependentSpeculator. Mr. Tiggre will put his own money into the speculations he writes about, so his readers will always know he has “skin in the game” with them.