One Road Podcast

Conversation highlights include: Interpreting the struggle between risk & safety across society and markets. The role of hard assets and anticipation of omega points. Being invisible and transcending the Class War. Investing into greatness with cultural assets.

The following will discuss how land has been used to enslave the people, destroy the environment and how false prophets that will usher in The Great Reset otherwise known as 'The Omega Point'. Additionally, the podcast attached with Dr Patrick Micheals covers scientific measurements and climate change. Amen!

Peter Pham of Phoenix Capital Group shares his views on opportunities looking forward during a panel discussion at the Mining Investment Asia on 3rd November 2020. In this podcast, we share edited highlights and hot takes of Peter’s contributions to the conversation moderated by Bloomberg.

Peter Pham presents Vision 20/20 A guide for investors to fully understand where we are, how we got here, and where we are heading. Using historical, cultural, financial, political, and pragmatic perspectives to offer a panoramic view of opportunities from November 2020 going forwards.

This is the end of the podcast trilogy. I have been concurrently refining the precision of trades and developing major investment themes such as Omega Points. You can see the development of this approach in the following sequence of articles: The Last Stand Class Warfare Exposed Confessions 1 Confessions 2 Escape The Black Iron Prison Planet The Death of Nations This pursuit of Omega Points is not done! I have a few more things to say about it and that will be coming soon. Additionally, there is a lot of things to share about commodities and credit cycles. I completed what Ray Dalio discusses but never fully put together. Commodity Cycles Credit Cycles

In this podcast, we discuss the wave. What is the wave? Zero is the Wave Waves have properties like wavelength, frequency, and speed, and we can describe them really, really accurately with equations, even without knowing what kind of substance are waves in. So these waves take their life on their own above and beyond the material. A wave can cross an ocean even though the individual water molecules are just going around in tiny circles and appear to have a life of its own. The examination of waves is no different from looking at the rise, fall, and rise of markets. Underpinning markets is supply and demand - bid and ask. The composition of sum bids and asks within the auction market in totality are the waves or cycles you're sensing - reading the tape.

Confessions of a Fund Manager..... Zero is Nothing Zero is Everything Zero is Infinity Zero is Singularity Zero is the Omega Point Zero is the Beginning Zero is a Wave Ride the Wave Here is how…. A powerful, profitable, and elegantly podcast for investors and traders This market is extraordinarily complex, and unfortunately, most trading systems are too. This podcast presents a system that helps filter out the noise. It leaves behind only meaningful signals you need to listen to in order to make profitable trades. Employing simple math and charts, it codifies the past behavior of traders in your favourite stock to assist you to recognize high probability trading patterns. This podcast breaks with traditional analytical tools and rejects the theory of predictability. Instead, it lets traders understand both how markets are structured and how they behave. The result is a simple action plan that is as effective and applicable for day traders as it is for generational investors. Blending his personal story and analytical techniques, The Big Trade guides traders of all experience level to find the probability that a stock price will rise or fall.

https://freemarketmessiah.substack.com/ When the official narrative is so well orchestrated by the state, the populace is restricted to either becoming literalists or becoming bad interpreters of the tales fed to them. Limiting the populace to only these two options further reinforces and further entrenches the pre-planned narrative into the collective belief.

@ https://freemarketmessiah.substack.com/ Check out these snapshots of real live trading plays, which will outperform the market in the long term: 1.Foundational Support and Resistance of Oil (Follow to Win) 2.Running and Running 3.Greater Centralization 4.Inflation or Deception? 5.Gaming the System 6.Singularity and Convergence 7.The King of Kings

Recap: -The entire global economy will have ups and downs re-opening. It will start from a province/state level followed by a country level. -The market bottom or stop loss is in place. -Up to the election markets will provide opportunities to long. -Post election, lack share-buybacks and defaults will immerse intense pressure on markets. Action: -Investments and trades designed to grow in this new economy will be the key positions. -Positions can and must be reduced by the election. -In Nov and Dec, we will move to the lowest levels of the risk curve.

Right now, something incredible's happening in the oil market. Price is moving at a velocity at the will of gravity. Here, gravity is demand. On March 26th, I wrote the following.... "This is what I’m gonna do. I’m going to speculate oil will go lower and higher all at the same time #oil $USO..." This statement needs to be taken literally. i.e. the lack of demand would distort the present price of oil relative to the future. What's even more interesting is when time elapses. As May oil contracts transition to June, prices are also getting sucked into the vortex of gravitation pull.

Climate change specialist Roger A. Pielke Jr. joins the One Road Podcast joins us not to discuss money and markets, but about science—specifically scientific modeling, climate change, and the intricacies of correlation versus causation. Roger is an American political scientist and professor at the University of Colorado. He has been incredibly active in commenting on the relationship between politics and science in modern society. Some of his published works include The Honest Broker: Making Sense of Science in Policy and Politics, The Climate Fix: What Scientists and Politicians Won’t Tell You About Global Warming, and The Rightful Place of Science: Disasters and Climate Change. Roger brings to the table some unique viewpoints and a fresh approach to economics, politics, and the sciences.

The Commodity Investment Cycle Index (CIC) is a powerful, one-of-a-kind investment indicator that forecasts the prices of commodities and their stocks. It does this by meticulously tracking the Commodity Cycle and how it affects commodity companies. And that’s a crucial tool if you’re a commodity producer, investor, speculator, or analyst. Narrated by Peter Pham at the World Mining Summit 2018 in Perth, Australia.

What does it mean to be a citizen of the world, undivided by political and national discourse? These are the questions tackled when David Gallup, President and General Counsel of the World Service Authority joins Peter on the One Road Podcast. The world citizen passport and I.D. card system is discussed as is the validity of both. David quotes the originator of both systems, Gary Davis, often. Ideas are brought up, including whether you like it or not, whether you know it or not, you are already a world citizen and that every document issued by any government, is in sense, a joke.

Alisa Melekhina joins Peter for a truly different take on life. All things ‘chess’ are discussed, as well as how to use the lessons of chess in one’s life - from day to day to business and bartering. The big concepts that are talked about are strategy, tactics and thinking ahead. Perhaps the most interesting takeaway point from the discussion is that no move, regardless of how small, should be made without purpose.

Peter is interviewed for a second time on the fantastic Korelin Economics Report. In this excerpt, Cory and Peter discuss the methodology behind One Road Research's upcoming Special Report on Asia. To listen to the full interview, follow the link: http://www.kereport.com/2018/01/06/commodities-trend-economic-growth/ To check out the One Road Research site, click here: http://www.oneroadresearch.com To visit and check out the excellent content on the Korelin Economics site, head over to: http://www.kereport.com

He also speaks about the Khan Academy and how human’s response to fear is preyed upon by various organizations within our society. The general ignorance of American’s to how their government functions is touched upon before ending on a lighter note regarding some of Porter’s top book picks. Always enlightening with a penchant for the truth, Porter doesn’t hold back on his strong beliefs and ideas.

Porter Stansberry joins Peter for an intimate talk about family and the future. Porter opens about talking about his past as well as his family and how he approaches being a father. No one in the world owes you anything, which is a lesson he imparts to his sons. Anything that his kids will want they can have, but must go work for it. One piece of advice he gives is to find a person who is as close to doing at what you want to achieve and do everything you can to work for them, even if its for free – but you need to bring something to the table for that person. The conversation switches to the global economy and IP rights, as well as the morality behind a) stealing or b) borrowing/creating new from others. Porter has clear definitions of what is right from wrong. He goes on to discuss the impossibility of knowing how the massive amounts of money being created and credit will warp the world’s economy. The only thing that can be known is that the dislocations will be huge and they will fatal.

Alvin Roth joins Peter for a lively discussion on how to create a matchmaking-market while also touching upon commodities and shares. The ever-changing attitudes on various subjects is also debated – mostly on how the things that are considered repugnant evolve and deviate over time in every society. Alvin ends by speaking to the need for trade agreements to always try to look after the the so-called “losers.” That leaving certain countries high and dry is, in fact, not in the best interests of anybody.

The One Road Podcast, broadcasting financial streams of consciousness One Road Podcast uses relevant excerpts from Peter Pham’s excellent Big Trade podcast series and combines the excerpts into a nuanced take on our investment newsletter content. The dynamic and wildly entertaining James Altucher joins Peter to discuss the road to success, how to be diverse in today’s world and speaks to the myth of specialization.

The One Road Podcast, broadcasting financial streams of consciousness One Road Podcast uses relevant excerpts from Peter Pham’s excellent Big Trade podcast series and combines the excerpts into a nuanced take on our investment newsletter content. In this short excerpt from David Morgan’s talk with Peter, some questions revolving around platinum and palladium are brought up. What we found most compelling in this interview was how David ended it, with a philosophical talk on how to prepare for the future and the inevitable collapse that will occur. No one is protected from financial markets, so learning what to invest in (silver and gold) is paramount to you and your family’s survival. Determining what financial freedom is for you is the question that hangs over all of our heads.

John Perkins joined Peter Pham’s excellent Big Trade series for a frank discussion on just how messed up today’s economy is. The then recent reveal of the Panama Papers acts as fuel for Peter and John to volley back-and-forth between the different viewpoints surrounding the current economic systems in place. John speaks about his book, Confessions of an Economic Hit Man, and about some of his alleged first hand knowledge about working for a cabal of special interest groups, including the US Government.

The One Road Podcast, broadcasting financial streams of consciousness Marc gets right down to brass tax and addresses the controversy surrounding his recent comments in the media. A tremendous amount of time is spent tracing the rise and fall of empires and what those great societies added to our modern day world. A cordial conversation continues with Marc delving into sound investment advice and speaks to the hypocrisy of (mostly) American pandering. In Marc’s view every government, the world over, is equally corrupt. Marc ends with the thought that once you are a prisoner of the system it is very difficult to get out. Prisoners are good for governments as they help boost GDP. GDP, therefore, is not what one should use to measure how well a society is doing. A better indicator is the quality of living amongst the population.

Robert Kiyosaki joins the One Road Podcast for a frank discussion about real estate and how duped most of the general populace is when it comes to education and economics. What constitutes as a real teacher is heavily discussed, as is Robert’s time and lessons learned from serving in the Vietnam War.

The irascible Doug Casey Joins Peter for a romp through an Anti-Establishment quagmire. Peter and Doug talk about how to be a modern day renaissance man, and how in doing so, helps your odds at speculating. Being an anarchist since 1971, it's not long before the subject switches to how awful all governments are as well as how institutional education will literally waste 4 years of your life.

Simon Black joins Peter Pham to discuss a wide range of topics, including how the world is moving away from the USD, how to deal with China's rising power, how to invest off the mainstream grid and just how much our current financial system is broken (answer: very) Simon is the founder of Sovereign Man, an intrepid traveler, investor and entrepreneur.

Rick Rule joins Peter Pham on his renowned Big Trade series. This excerpt made exclusively for One Road Publishing has Rick discussing Gold vs the USD and how all fiat currencies are in a race to the bottom. He then goes into all things China, both in a historical sense and what the future outlook is for the country, especially in financial markets. Commodity trading, in the context of Japan is touched upon before finishing on how everyone needs to pay attention to big governments, oligarchs and the elite. There is a glimmer of hope, as Rick points out there are always opportunities for smaller guys to compete and do well, whether it is a fund like Sprott or an individual trader.

This production is an excerpt from The Big Trade’s The Republic with Ron Paul. Ron shares his long experience in dealing with central bankers alongside some insightful tidbits of past discussions with Ben Bernanke, former Chairman of the Federal Reserve. Discussing some of the issues involved with the modern banking system and factors relating to policy makers in relation to the moral hazard of the Asian Capital Development model. A concerned discussion occurs with thoughts on Empire as well as on how financial markets will fare in the years to come. In Asia, central banks tend to be little more than a branch of the government, adhering to the party line and enforcing technocrat edicts from up on high.

Jim Rogers is an author, financial mainstay and legendary investor. Peter Pham has an enlightening conversation about happiness, finding and following your path and farming. Roger gets animated about how little we matter and why all things get lost to history.

Po Shen Loh, mathematics professor at Carnegie Mellon University and founder of expii.com joins The Big Trade series. Peter and Po start the conversation by talking about the concept of inquiry based learning. The pair then delves into the current state of the education system… touching on inequality in the system, testing and cognitive approaches toward learning. Next, Po introduces Expii – an app that encourages inquiry based learning. He explains how he designed the user interface, sequence of questions and the app’s navigation structure. Po concludes the conversation by giving advice on how math and rational thought concepts can be applied to business and finance.

David Gallup joins The Big Trade Series for the second installment of a two-part series on global citizenship. Peter and David begin by talking about obtaining citizenship through investment, particularly the EB5 program in the U.S, and other ways that people can become citizens of developed countries. Peter goes on to share his thoughts on Jewish refugees during World War II. Then they proceed to discuss immigration in times of war and the role immigrants play in the economic development of receiving countries. Next, the two exchange views on Donald Trump’s job retention policy. David concludes the episode by talking about how to obtain the World Passport.

Porter Stansberry, founder of Stansberry research, joins The Big Trade series. Porter starts off by talking about his new product, which focuses on analyzing the credit quality of companies in the United States to find “The Big Trade” opportunity. The conversation shifts to the U.S. presidential election; the two delve into which industries/sectors will be impacted under Trump’s presidency and the dynamics of the electoral process. Porter then shares his thoughts on primary education and parenting. This episode wraps up with Porter’ s top five book recommendations.

Alisa Melekhina, one of the top female chess players in the United States and a professional litigator, joins The Big Trade Series to bring us business insight from a chess master’s point of view. Alisa starts the conversation by distinguishing strategy vs tactic and how chess can help develop these skills. She then talks about how the mindset of thinking ahead in a game of chess is also applicable in business. Peter then shifts the conversation to the rise of artificial intelligence and how computers have changed the chess world. Next, Alisa shares her experience as a litigator. Then, she delves into her chess tactics, including the first move advantage, the gambit move, and the castling move as Peter links these tactics to business practices. Alisa concludes the episode by naming a few influential chess players and sharing her thoughts on the financial reward of playing professional chess.

David Gallup, head of World Service Authority (WSA) joins The Big Trade Series. David starts the conversation by introducing his organization and describing how they help the United Nations spread its universal values and educate citizens in a globalised world. Peter and David then talk about the “World Passport,” which is the WSA’s best-known product. David explains how the “World Passport” facilitates international free travel and immigration. Their exchange on the “World Passport” is followed by discussions on various topics including the potential of a “global currency” that supports the idea of “world citizenship,” deglobalization trends around the world and the WSA’s funding status. David wraps up the episode by sharing his thoughts on refugees and what his organization does to alleviate their suffering.

This week, Peter is joined by Brian Cotter, host of "Growth Tigers” podcast, for a thrilling journey into Vietnam’s entrepreneurial ecosystem. In this special episode, Peter walks us through his adventures at both the individual and corporate level. Peter starts off by talking about how he founded Phoenix Capital Group, the company’s core values and its unique approach to “ordering chaos”. He also introduces Phoenix’s key services – financial advisory and digital marketing – and how their synergy creates unparalleled value for clients. He also goes into detail about his quantitative approach and explains how Vietnamese companies haven’t utilized the power of big data in their business models, particularly in E-Commerce and consumer finance. At an individual level, Peter tells his journey from the beginning. He shares why he set foot in Vietnam, how he captured emerging market trends, and some of his biggest mistakes along the way. Lastly, Peter talks about the origin of The Big Trade Series podcast and his book “The Big Trade Series: Simple Strategies for Maximum Markets Return”. The episode concludes with some advice to the audience in the year 2017.

Patrick Wyman, host of “Fall of Rome” podcast, joins us on The Big Trade series for a fascinating conversation on the Roman Empire. Patrick opens the episode with a discussion about how the Roman Empire related to the modern democracy and republic. The conversation shifts to how the country established its borders and global trade evolved. Peter and Patrick then delve into the origin of Natural Laws and Common Law as Rome transitioned from republic to empire. He also describes the collapse of Roman Empire and details what America can learn from it. Throughout the podcast, they discuss different economic schools of thoughts. Patrick concludes the episode by highlighting the importance of history and parallels between the past and the future.

Chris White, founder of ViableMkts, joins The Big Trade Series for another insightful conversation about capital markets. Peter and Chris start off by discussing the evolution of equity markets, Chris tells the story of the formation of the NASDAQ and the first flash crash. The conversation shifts to the fixed income markets as the two discuss about: a potential peak in the market, junk bonds and the Fed. Chris concludes the conversation by explaining why the bond market is at an inflection point.

Jeremy Miller, a research analyst of JP Morgan, joins us on The Big Trade Series for an insightful conversation on value investing. Jeremy begins the conversation by introducing his prominent book: Warren Buffett’s Ground Rules. Covering the partnerships letters in the 1950’s. The two then talk about the principles to identify fair value of company. The dialouge moves to Buffett’s mistakes, particularly on ConocoPhillips and PetroChina as they delve into the key takeaways. This episode wraps up with a discussion on technical innovation and it’s risk.

Ron Paul, a former member of the U.S. House of Representatives and three-time presidential candidate, joins The Big Trade series for an interesting conversation on US politics. Ron started this episode by talking about his profound history and experience in dealing with central bankers throughout his career. He then shares his insightful discussions he had with former Chairman of the Federal Reserve – Ben Bernanke. At that point, the two delve into the impact of bureaucrats on central banks and the role of central banks in free markets. On that occasion, Peter shares his conversation with Doug Casey about Natural Law. The conversation progresses to the discussion difference between “Democrat” and “Republican” throughout history, from Roman Empire to “modern Empire”. Ron finishes this episode by talking about his concern for financial markets in the years to come.

Ole Bjerg joins The Big Trade for a fascinating conversation on the beauty of poker and its linkage to capitalism. Ole starts off by introducing his book “Poker: The Parody of Capitalism”, and his exploration of the philosophical and psychological component of poker; and Peter adds his thoughts on the origins of Monopoly to enhance the subject. The two then dive into strategies applied to this game as they both agree that particular hand of poker is perceived to have different gaming value. Following is a discussion on the parallel between the Casino and capitalism, Peter and Ole discuss on various topics including assets allocation, politics point of view, economic school of thoughts and global debt bomb.

This week, Doug Casey, best-selling author, world-renowned speculator, and libertarian philosopher, joins us for the second time. Doug starts off by talking his recent adventure to Zimbabwe, then shares his perspective and blueprint for developing countries. The two then delve into the Natural Law topic, Peter brings the story of European colonization of North America as a case study of this law. The conversation shifts to Doug’s newest book – “Speculator” as Doug teases a few interesting bits and philosophical thoughts of his novel. Peter and Doug then argue whether technological innovation and globalization is a threat to society. This episode concludes with a session on U.S. politics as they share their speculation on the upcoming presidential election and American deep state.

Peter recently spoke with Jack Schwager, a futures and hedge fund industry expert as well as author of the book “ Market Wizards.” Jack starts off by discussing some of the competitive advantage studies that resonate with him. Then Peter and Jack turn their attention to the easing policies being implemented in the global monetary system, particularly negative interest rates in Japan and the EU. Jack also illustrates the value of “doing nothing” which is one of his theories. Next, Peter shares his one of his own trading strategies on using human psychology as a tool. To conclude, Peter and Jack share ideas on the need for traders to be adaptable, consistent and disciplined in their strategies.

David Morgan, a silver market analyst , joins “The Big Trade” series. Peter shares the origin of how he got to know David in the early 2000’s and how it influence his large position in silver. Next, they discuss the global currency system and silver price projections. They delve into the global debt and economic philosophy. David concludes with a warning to investors about the upcoming financial crisis.

John Perkins, author of the book "Confessions of an Economic Hitman" was recently on The Big Trade Series. John first discusses some inside information related to the Panama Papers leak. Peter and John then delve into why and how some companies and people chose Panama as a tax heaven. The conversation then moves onto frontier and emerging markets and how some, especially China, mostly invest in infrastructure to grow the economy by using debt. They then turn their attention to Vietnam, and how it will become more a part of the global economic community through trade agreements like the Trans-Pacific Partnership. They also discuss Bolivia, a country with an uncertain economic and political situation.

Jim Rickards, author of the well-known book “Currency Wars,” joins The Big Trade series for an enlightening conversation on the world’s foreign exchange markets. Peter starts the conversation by mentioning the chronological logic of Jim’s published books, from “Currency Wars” to “The Death of Money” and “The New Case for Gold.” Jim also shares with Peter the evolution of his ideas. The discussion quickly shifts to the role of gold as a reserve currency in the modern economy and Jim gives his predictions about global currency markets. The two then delve into the Fed’s solvency, Jim explains why the U.S. Treasury is holding a lot of gold and its potential impact on China. A discussion on the gold war between China and U.S. concludes the episode.

Legendary investor, Jim Rogers, comes back to The Big Trade Series for an insightful conversation on capital markets. Peter and Jim start with an update on their US dollar positions, which they discussed last year. The discussion moves on to global currencies, they talk about the possible relationship between the US dollar and Chinese renminbi, the growth of the renminbi, and how some currencies would benefit from a rate hike. The conversation shifts to the agricultural industry and Peter talks about the attractiveness of this space in Vietnam. Jim then shares his thoughts on government incentives. The two next delve into stock index construction for emerging countries. Peter discusses the challenges, including low liquidity, foreign ownership restrictions and the dominance of state-owned enterprises. He then mentions how an equal weight index – which he will launch very soon - will be able to handle these problems. This is followed by a discussion on various subjects, including the potential of the organic food sector, the synergy between China and Russia, the TPP and free trade agreements and the knowledge-based economy. Jim concludes the conversation by sharing his daily routine.

This week, Howard L. Simons, a prominent investor and president of Rosewood Trading - Simons Research, joins The Big Trade Series. Peter begins the conversation by announcing the official release of the Vietnamese edition of his book - The Big Trade. The two then delve into index construction and stock market components. Peter shares the exceptional features of VN30 equal weighted index, which will be launched next month by Peter's Phoenix Global Wealth Management. The dialogue then shifts to how negative rates in Europe impact the US economy and their potential influence in the future, Simon shares concerns about financial assets, commodities and global consumption. The episode wraps up with a conversation on the growth of global debt.

Norm Kelly, a city councilor for Toronto, Canada, joins us on The Big Trade series. Norm starts the conversation by providing context for the growth in the Greater Toronto Area (GTA) in the last century and how Toronto became one of the biggest city in North America. The two then delve into Toronto’s growth, including how Toronto can sustain their top position, their potential to beat bigger cities in the United States, what they can do to continue their momentum, and their facilities for international expansion. The discussion then shifts to social media as Norm shares his experience on producing content and attracting massive amounts of Twitter followers. The conversation progresses to culture, they discuss the similarities between the US and Canada, the success of Canadian pop culture in particular, and Toronto's entrepreneurial environment. Norm wraps up the episode by talking about the economic impact of Toronto hosting 2015's NBA All-Star Game and shares some local tourist destinations.

Dan Koeppel, a banana connoisseur, joins The Big Trade Series for an interesting conversation on the most consumed fruit in the world. Peter and Dan start at the beginning with Adam and Eve and then bananas throughout history. Peter talks about the importance of bananas worldwide, and Dan shares his concerns about the Panama disease and its effects on the Cavendish banana – the world's most important commercial banana. The two then delve into the banana business model and the risk involved in mono-culture cultivation. This is followed by the interesting story of bananas in America and how it evolved from initially being avoided due to its shape, to becoming the most eaten fruit in this country. Dan then sheds light on investment opportunities involving bananas and shares some innovative industry growth ideas. This episode concludes by a discussion on ways to best enjoy bananas.

This week, Frank Curzio, a prominent voice in the markets, host of the Wall Street Unplugged podcast and the first ever guest of The Big Trade Series will join us for a second time. Frank begins by sharing anecdotes on his 10 years of experience with Wall Street Unplugged. They discuss featured guests including David Jacobson, the U.S. Ambassador to Canada, Alvin Roth, a winner of the Nobel Prize for economics, and the legendary investor Jim Rogers. The dialogue shifts to insights on the market. Frank mentions opportunities in General Electric (GE) stock as Peter raises concerns regarding their share buyback program. The two then delve into the technology industry, the potential of augmented reality and the dynamic growth of big players including Facebook, Netflix and Apple. Frank wraps up the conversation by describing the tools and resources he uses to discover investment opportunities.

David Jacobson, Vice Chairman of the Bank of Montreal's Financial Group and former U.S. Ambassador to Canada joins us on The Big Trade series for an insightful conversation on the Trans Pacific Partnership (TPP). David begins the conversation with his experience in working with Barack Obama in the 2008 presidential campaign. He gives a brief review on the North American Free Agreement (NAFTA) and its impact on its constituents. Followed by an in-depth discussion about aspects related to the TPP such as: 1) the negotiations 2) China 3) currency manipulation restrictions 4) the global labor market 5) global capital 6) benefits to Vietnam and 6) opportunities for foreign investors in emerging markets. David shares his experience as the Vice Chairman for one of North America's largest banks and concludes the conversation with an interesting story on Barack Obama.