Podcast appearances and mentions of Grant Williams

In this episode of The Grant Williams Podcast, I'm joined by author Dominic Frisby for a conversation that is equal parts monetary history, philosophy, and comedy. Best known to many as a comedian, writer, and commentator, Dominic brings a rare ability to explain complex financial ideas with clarity, humour, and perspective. The discussion traces his journey from trying to finance a West End musical to becoming one of the most recognisable voices in the world of gold and sound money. Along the way, we explore why gold continues to exert such a powerful hold over the human imagination, what its enduring appeal reveals about the nature of money itself, and why the debate over gold remains as relevant today as it was thousands of years ago. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com. Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm…

Let's start with a quick market update after Friday's brutal actionThe last few days have not been pleasant for owners of gold, silver, miners or indeed bitcoin. Friday saw on 8% fall in silver. How January's euphoria has reversed. That's silver for you. My ongoing thesis that gold, silver et al go nowhere for a year remains in place. The structural backdrop for gold's bull market also remains: growing government debt, huge fiscal deficits, ongoing central bank accumulation, de-dollarisation. But the heat needed to come out of the market, and now it is doing just that.Silver I'm less certain about, as per usual. Its monetary role is largely gone, but if/when gold gets going again, silver will get pulled higher. Industrial demand remains robust. A year ago if you'd said silver will be $68 yet silver investors will be despairing, you'd have been laughed at.That said, I think it probably needs to go back and retest $50 before this correction is done.Miners will follow the metal. But it's important to remember they are effectively leveraged financing vehicles. When risk appetite disappears, they get destroyed almost regardless of geology, though the good ones will come back.In commodity bull markets, investors usually lose money by selling the bottom, sometimes through despair, sometimes because too much leverage forces them to. I still lean toward “structural bull market, cyclical correction”. Though correction is perhaps to light a term when 50-80% of junior mining market caps get wiped out. The sector is not for the faint hearted, though we all love it when it goes up. Remember the great Shelby Davis quote, “You make most of your money in a bear market, you just don't realize it at the time”.I need to conduct a proper bear market portfolio review, which I shall do very soon.As for bitcoin, its correction looks dramatic, but in percentage terms it remains fairly normal by bitcoin standards. I covered it in this week's commentary:A quick housekeeping noteI've decided to withdraw Lifetime Membership to The Flying Frisby at the end of June.The current price is £550 until 15 June. It then rises to £650 before being withdrawn permanently on 30 June.To be clear, despite what the sign-up process says, this is a genuine ONE-OFF payment for lifetime access. I manually convert memberships myself.If you've been considering Lifetime Membership, this is the final opportunity.Any problems, please message me on Substack or reply to this email.Finally, this week I appeared on the Grant Williams podcast, talking about the book. Feedback has been really good. Grant is one of the best interviewers out there and I really enjoyed it.Thank you for being a subscriber to the Flying Frisby.Until next time,Dominic This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

Let's start with a quick market update after Friday's brutal actionThe last few days have not been pleasant for owners of gold, silver, miners or indeed bitcoin. Friday saw on 8% fall in silver. How January's euphoria has reversed. That's silver for you. My ongoing thesis that gold, silver et al go nowhere for a year remains in place. The structural backdrop for gold's bull market also remains: growing government debt, huge fiscal deficits, ongoing central bank accumulation, de-dollarisation. But the heat needed to come out of the market, and now it is doing just that.Silver I'm less certain about, as per usual. Its monetary role is largely gone, but if/when gold gets going again, silver will get pulled higher. Industrial demand remains robust. A year ago if you'd said silver will be $68 yet silver investors will be despairing, you'd have been laughed at.That said, I think it probably needs to go back and retest $50 before this correction is done.Miners will follow the metal. But it's important to remember they are effectively leveraged financing vehicles. When risk appetite disappears, they get destroyed almost regardless of geology, though the good ones will come back.In commodity bull markets, investors usually lose money by selling the bottom, sometimes through despair, sometimes because too much leverage forces them to. I still lean toward “structural bull market, cyclical correction”. Though correction is perhaps to light a term when 50-80% of junior mining market caps get wiped out. The sector is not for the faint hearted, though we all love it when it goes up. Remember the great Shelby Davis quote, “You make most of your money in a bear market, you just don't realize it at the time”.I need to conduct a proper bear market portfolio review, which I shall do very soon.As for bitcoin, its correction looks dramatic, but in percentage terms it remains fairly normal by bitcoin standards. I covered it in this week's commentary:A quick housekeeping noteI've decided to withdraw Lifetime Membership to The Flying Frisby at the end of June.The current price is £550 until 15 June. It then rises to £650 before being withdrawn permanently on 30 June.To be clear, despite what the sign-up process says, this is a genuine ONE-OFF payment for lifetime access. I manually convert memberships myself.If you've been considering Lifetime Membership, this is the final opportunity.Any problems, please message me on Substack or reply to this email.Finally, this week I appeared on the Grant Williams podcast, talking about the book. Feedback has been really good. Grant is one of the best interviewers out there and I really enjoyed it.Thank you for being a subscriber to the Flying Frisby.Until next time,Dominic This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

In this episode of The Grant Williams Podcast, Brendan Ballou returns for a fascinating and deeply important conversation about the rise of forced arbitration and the quiet transformation of the American legal system. Brendan explains how what began as a narrow mechanism for resolving commercial disputes has evolved into a vast private justice system that increasingly shields corporations from public accountability. Through examples ranging from hidden cellphone fees to wrongful-death cases, the discussion explores how decades of court decisions have steadily weakened consumers' and workers' ability to challenge powerful institutions—particularly when harms are individually small but collectively enormous. Along the way, he lays out why this matters far beyond the courtroom, touching on incentives, transparency, corporate power, and the broader erosion of trust in public institutions. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com. Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm…

Grant Williams believes gold doesn't lead markets; it shows up when trust breaks, and when it does, it moves fast. After years of rising debt, constant intervention, and repeated crises, the system has become fragile. Grant explains why he doesn't view gold in terms of price but in terms of purchasing power, and why its real role only becomes clear under pressure. By the time most people turn to gold, the move is already underway. This is about how risk builds quietly, how narratives keep people comfortable, and why the biggest shifts don't feel obvious until they've already started. The question isn't if trust breaks. It's what you're holding when it does. _ Sign up for my free weekly newsletter. _ WHERE TO FIND BEN MUMME

Hour 3 of May 22, 2026 Jacob Townsend talks with former Tennessee Vol and current Charlotte Hornet, Grant Williams, about coming to Kingsport to speak in a couple of weeks, his time at Tennessee, his NBA career, and more. Then, Jacob goes through the Players Era Tournament bracket that has been set for 2026. Also, he talks to Brent Dugger, who is hosting a card show in Elizabethton on Saturday. See omnystudio.com/listener for privacy information.

Jacob Townsend talks with former Tennessee Vol and current Charlotte Hornet, Grant Williams, about coming to Kingsport to speak in a couple of weeks, his time at Tennessee, his NBA career, and more.See omnystudio.com/listener for privacy information.

In this episode of The Grant Williams Podcast, I welcome my good mate Dave Dredge of Convex Strategies for a fascinating conversation about fragility, portfolio construction, and why so many traditional investment frameworks are no longer fit for purpose. Using everything from London Tube strikes to Mandelbrot's work on volatility clustering, Dave explains why markets should be understood not as stable systems occasionally disrupted by shocks, but as inherently fragile structures where hidden stresses build quietly over time before suddenly erupting. At the heart of our discussion is the “total portfolio approach”—a growing institutional framework that focuses less on the standalone return of individual assets and more on how each position contributes to the resilience, correlation profile, and survival of the portfolio as a whole in an increasingly unstable world. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com. Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm…

In this episode of The Grant Williams Podcast, I reconnect with Jawad Mian for a deeply thoughtful conversation that moves seamlessly between markets, personal evolution, and the challenge of building an intellectually honest life in an increasingly noisy world. Jawad reflects on his decision to leave Dubai and return to Toronto, explaining how the move forced him to rethink not only where he wanted to live, but also the kind of person and investor he wanted to become. What emerges is a discussion about rhythm, reflection, and the importance of creating enough mental and emotional space to think clearly in a world dominated by speed, outrage, and constant distraction. Along the way, we trace the origins and growth of Stray Reflections, the role of community and conversation in shaping ideas, the importance of remaining flexible, curious, and humble when navigating both markets and life itself and apply all that knowledge and understanding to today's wild markets – particularly the AI trade and the rocketship that is South Korea's KOSPI index. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com. Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm…

In this episode of The Grant Williams Podcast, I welcome my old friend, and veteran copper analyst Simon Hunt for a sweeping conversation that connects the war in Iran to supply chains, commodities, monetary power, and the future of the global order. Speaking from his home in Dubai, Simon describes a city transformed almost overnight by the conflict before widening the lens to argue that the struggle over Iran is ultimately about far more than the Middle East. From BRICS strategy and copper shortages to wartime economics, gold-backed currencies, and the long-term weakening of the dollar system, Simon lays out what is most definitely a non-consensus and deeply interconnected framework for understanding a world moving steadily toward geopolitical and financial fragmentation. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com. Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm…

Stijn Schmitz welcomes Grant Williams to the show. Grant Williams is Financial Advisor, Portfolio & Strategy Advisor, and a Co-Founder of Real Vision. In this wide-ranging discussion, Williams explores the potential transformation of the global monetary system, highlighting significant shifts in geopolitical and economic dynamics. He argues that the world is experiencing a fundamental reordering of monetary power, with the US dollar’s global dominance potentially eroding due to factors like sanctions, increasing government debt, and diminishing international trust. Williams suggests that gold could emerge as a critical stabilizing asset during this transition, potentially serving as a temporary anchor for a new monetary system. He emphasizes that countries are increasingly losing confidence in the US dollar, with many gradually reducing their dollar reserves and turning to alternative assets like gold. This trend isn’t necessarily a deliberate choice, but a natural response to systemic uncertainties. The conversation delves into the concept of a “fourth turning” – a generational framework that suggests periodic massive societal transformations. Williams sees the current global environment as consistent with this model, characterized by significant economic and geopolitical upheaval. He believes we’re transitioning from an era of virtual financial abstractions to a world focused on tangible assets and real value. Regarding investment strategies, Williams recommends a patient approach to commodities. He suggests focusing on essential resources like oil, copper, and other critical minerals, noting that we’re likely entering a long-term commodity bull market. He advises investors to conduct thorough research, understand commodity dynamics, and be prepared for a potentially slower, more deliberate investment landscape. Williams also cautions against complacency, arguing that the era of guaranteed government bailouts and easy monetary policies may be ending. He encourages investors to re-examine their assumptions, be open to new perspectives, and recognize that historical investment strategies might not work in this emerging economic environment. Timestamps: 00:00:00 – Introduction 00:01:02 – Monetary Order Shifts 00:05:25 – Commodity Disruptions Impact 00:10:45 – Bailout Trust Erosion 00:13:49 – Gold Performance Analysis 00:16:31 – Global Reserve Changes 00:22:00 – Gold Standard Revival 00:24:10 – Geopolitical Considerations 00:27:00 – Gold & Fiat Printing 00:29:31 – Fourth Turning Cycles 00:35:45 – Commodity Investment Strategies 00:42:00 – Patience in Bull Cycles 00:44:10 – Commodities Outperformance 00:48:33 – North America Resource Risks 00:52:56 – Concluding Thoughts Guest Links: Website: https://grant-williams.com Website: https://vongreyerz.gold/ X: https://x.com/ttmygh Grant Williams, much to his dismay, has logged over 35 years in finance. During that time, he's lived and worked in seven major financial centres from London to Sydney, building the kind of network that many others can only dream about. He began his career in the Japanese equity market in the mid-1980s, before a three-year posting to Tokyo ensured he had a ringside seat as the twin bubbles in equities and real estate burst simultaneously and spectacularly at the end of 1989. After a short stint back in London, Grant relocated once again, this time to New York, where he spent 7 years. Subsequent postings have taken him to Hong Kong, Sydney, Singapore, and the Cayman Islands. Currently, he is a senior advisor to Von Greyerz in Switzerland, and a portfolio and strategy advisor to Vulpes Investment Management in Singapore. Back in 2014, Grant's ambition to bring the most intelligent, engaging, and original people in finance to a wider audience led him to co-found Real Vision, an on-demand internet-based financial media platform. Grant's twin Real Vision interview series, In Conversation With… and On The Road raised the bar for financial content – engaging and educating viewers in equal measure and helping them learn the secrets behind a group of extraordinary investors' success. Long before Real Vision, however, Grant was guiding people around the fringes of finance with his regular newsletter, Things That Make You Go Hmmm…, a publication which, from humble beginnings as a daily note to a few friends and colleagues, has grown into one of the most widely-read financial publications in the world.

Send us Fan MailWe're joined by Grant Williams this week, a third generation classic Jaguar racer who is a crowd favourite out on track. Starting from pole position in his first race, to winning the championship in the first year, to wowing the fans at Goodwood events going sideways at every opportunity. It's fair to say racing is in his blood. It started with his Grandfather, who with a few friends used to all race on the same license, keeping a bucket of water on the paddock to cool the drum brakes between races! He regularly races BUY 1 which was first bought by his Grandfather from the factory team as it had disc brakes and kept beating him! Grant has also recently bought back his father's Mk2 Jaguar wide body 'lightweight' project which will be powered by 700hp V12 race engine, and features 19” wide rear wheels from an F1 car! Other cars of note include a 3 door Range Rover tow car, and a Mk3 Ford Escort Van that used to tow the Jag behind it. Grant would travel in the car, and his Dad would drive the van - when they got to a hill, Grant fired up the race car and pushed the van along, helping it get to the top!! You can follow the whole project on YouTube.Grant Williams - YouTubeGrant Williams (@grantwilliamsracing) • Instagram photos and videosWe hope you enjoy this episode, and please do tell your friends! We're pleased to say the guys from Viking Covers are staying on as Sponsor for My Dad's Car. If you are looking to keep the dust, dirt and weather off your cherished car go check them out at www.vikingcovers.co.ukSupport the showWe'd love you to hear and share your stories, please tag and follow us on social media. www.instagram.com/mydadscar_podcastwww.Facebook.com/mydadscar podcastwww.buymeacoffee.com/mydadscarIf you'd like to support the podcast and are able to, you can ‘buy us a coffee' which will help towards costs of hosting and purchasing equipment to allow us to record guests in person, rather than just on zoom. Get in touch with us direct - MyDadsCarPodcast@gmail.com 

In this episode of The Grant Williams Podcast, I welcome David Leiter for a lively and highly practical conversation about his new book, Stop Making Stupid Investments: 7 Rules to Avoid the Hype and Build Real Wealth. David traces the unlikely path from guitar-obsessed kid and struggling salesman to Credit Suisse banker, Queens real-estate investor, and ultimately author of a book designed to help people avoid the traps he has seen ruin investors again and again. From dot-com mania and crypto yield schemes to Wall Street's talent for repackaging risk under more appealing names, David lays out a refreshingly plain-spoken framework built around cash flows, downside risk, emotional discipline, and one beautifully simple maxim: “math is the enemy of bullshit.” Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com.  Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… 

In the latest episode of The Grant Williams Podcast, I welcome Danielle DiMartino Booth back for a wide-ranging conversation about a macro backdrop that feels increasingly detached from the official story. Danielle explains why consumer sentiment—particularly rising expectations of unemployment—is flashing a far darker signal than headline labour data suggests, and why she believes the average household is under far more pressure than policymakers are willing to admit. From hidden weakness in the job market to the spread of gambling, speculation, and buy now, pay later behaviour, our discussion paints a picture of an economy held together by coping mechanisms, financial stress, and a deepening sense that something important is missing beneath the surface. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com.  Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… 

JOIN OUR PATREON FOR JUST $5 PER MONTH: https://www.patreon.com/cw/TheByeRoundPodcast James Graham & Luke Keary are back to unpack Round 6 of the NRL! The boys break down the Tigers’ surge and Top 4 potential, the Dragons’ ongoing issues and whether it’s time to rebuild, and Parramatta’s worrying form after a heavy loss to the Titans. They also cover the Warriors’ rise, Melbourne’s confidence concerns, Bulldogs and Roosters talking points, plus a few off-field stories and rivalries along the way. Enquire About Our Studio: https://thebyeround.com/pages/contact Email: thebyeround@gmail.com Ladbrokes: https://www.ladbrokes.com.au/ Hyundai: https://www.hyundai.com/au/ Follow The Bye Round On:Instagram: https://www.instagram.com/thebyeround/?hl=enTikTok: https://www.tiktok.com/@thebyeround?lang=enYouTube: https://www.youtube.com/@thebyeround 00:00 - Welcome 00:45 - Maccas 99 feedback 05:30 - Coffee orders 10:00 - Backyard Ultra 12:45 - Tigers are the real deal 20:35 - Dragons issues continue 35:10 - Parramatta running out of gas 39:55 - Gorden Tallis vs Grant Williams 48:00 - Warriors intensity 01:01:35 - The Bulldogs ambush 01:07:55 - NRL disruptor controversy 01:14:00 - The Raiders much needed winSee omnystudio.com/listener for privacy information.

Grant Williams has spent more than 35 years in global finance across seven major financial centers, from London to Sydney. He had a front-row seat to Japan's late-1980s bubble and its dramatic collapse, and later worked across New York, Hong Kong, Singapore, and beyond. Grant co-founded Real Vision to bring the most thoughtful voices in investing to a broader audience, and he's also the longtime author of Things That Make You Go Hmmm…, one of the world's most widely read financial newsletters. Today, he serves as a senior advisor to Von Greyerz and a portfolio and strategy advisor to Vulpes Investment Management. On this episode of the Elevate Podcast, Grant joined host Robert Glazer for a fascinating conversation about lessons he learned in high-stakes finance, universal leadership philosophies, and more. Thank you to the sponsors of The Elevate Podcast Shopify: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠shopify.com/elevate⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Masterclass: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠masterclass.com/elevate⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Framer: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠framer.com/elevate⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Indeed: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠indeed.com/elevate⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Notion: ⁠⁠⁠⁠⁠⁠⁠⁠⁠notion.com/elevate⁠⁠ Blinkist: ⁠⁠blinkist.com/elevate⁠⁠ QuickBooks: ⁠⁠quickbooks.com/billpay Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of The Grant Williams Podcast, I'm joined once again by Marvin Barth to unpack a rapidly shifting geopolitical and monetary landscape through the lens of the superb recent piece he published titled “Alea Iacta Est”—the die is cast. Marvin argues that once the United States and Israel crossed the threshold into open confrontation with Iran, the strategic calculus for all players changed irreversibly. From the distinction between Iran as a nation and its ruling regime to the broader implications for China, Europe, and the global financial system, the conversation weaves together geopolitics, currency dynamics, and investor positioning in a world increasingly defined by fragmentation and high-stakes decision-making. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com.  Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… 

In this macro discussion, Jay sits down with Grant Williams and Luke Gromen to unpack the real implications of escalating conflict in the Middle East. The conversation explores the gap between official narratives and on-the-ground realities, the fragility of supply chains, and the risk of cascading financial stress across global markets. They also examine historical parallels like the Suez Crisis and what all of this could mean for the future of the U.S. dollar and global monetary order. Luke Gromen: https://x.com/LukeGromen https://fftt-llc.com/ Grant Williams: https://x.com/ttmygh https://www.grant-williams.com/ Learn to invest alongside the top minds in commodities. Join The Commodity University today. CLICK: https://linkly.link/26yH8 Sign up for my free weekly newsletter at https://2ly.link/211gx Be part of our online investment community: https://cambridgehouse.com https://twitter.com/JayMartinBC https://www.instagram.com/jaymartinbc https://www.facebook.com/TheJayMartinShow https://www.linkedin.com/company/cambridge-house-international 00:00 – Intro 03:37 – The Core Thesis: Everything Hinges on Hormuz 05:43 – Military Power vs Reality: Why It Hasn't Been Reopened 08:01 – Propaganda, Fog of War & Information Breakdown 10:40 – Investor Strategy: Trade It or Stay Out 12:15 – Who Wins & Who Loses in This Conflict 18:55 – Russia, China & the Expanding Conflict 23:30 – Why This Could Escalate 27:02 – Global Fragility: Food, Energy & Population Risk 33:14 – How a Global Economic Collapse Could Cascade 39:24 – Bond Market Signals & Policy Limitations 41:34 – Correlation Breakdown: Why 60/40 Fails Here 43:08 – The Suez Crisis Parallel Explained 47:40 – A Potential “Suez Moment” for the U.S. 51:26 – Shift in Warfare: Missiles, Drones vs Naval Power 57:39 – What Replaces the Dollar? 1:00:30 – Petro-Yuan, Gold Settlement & New Trade Systems 1:09:12 - Is This Gold Bull Run Durable? Copyright © 2025 Cambridge House International Inc. All rights reserved.

In this episode of The Grant Williams Podcast, Grant is joined by David Murrin for a sweeping and provocative discussion about the structural forces shaping today's geopolitical landscape. David argues that current conflicts—from Ukraine to the Middle East—are not isolated crises, but manifestations of a long-term power transition from a declining US-led order to a rising, strategically coordinated China. Framed through his concept of a 100-year “war cycle,” our conversation explores how modern warfare, technological asymmetry, and internal Western fragmentation are converging to create a far more dangerous and unpredictable global environment than most investors or policymakers are prepared for. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com.  Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… 

BUY THE REPLAY of the full Thoughtful Money conference here at https://thoughtfulmoney.com/conferenceWell, the Spring Thoughtful Money conference was held online this past weekend and I'm delighted to say the event was a real success.That was due primarily to the amazing line-up of speakers who presented and took live audience Q&A throughout the insight-packed 11-hour day.Lacy Hunt delivered the keynote, followed by Ed Dowd, Luke Gromen, Michael Howell, Melody Wright, Michael Oliver, Stephanie Pomboy & Grant Williams, Brent Johnson, Darius Dale, Matt Taibbi, Judy Shelton & Danielle DiMartino Booth, Andy Schectman, Rick Rule, David Hay, Lyn Alden, New Harbor Financial and Jonathan Wellum. And Jeff Clark provided a bonus video focused on gold & silver mining stocks.For those of you who didn't attend, I thought you'd enjoy hearing some of the conference highlights.You can also lock in your Early Bird ticket price to our Fall 2026 online conference at 0% inflation at https://thoughtfulmoney.com/fall#recession #investing #marketcorrection_____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter.We produce educational content geared for the individual investor. It's important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer's unique goals, needs & risk tolerance.IMPORTANT NOTE: There are risks associated with investing in securities.Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.A security's or a firm's past investment performance is not a guarantee or predictor of future investment performance.Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC.Copyright © 2026 Thoughtful Money LLC. All rights reserved.

0:00 .... Show open ... Bruce welcomes the panel and dedicates show #235 to the late Reggie Lewis of the Boston Celtics, whose number 35 was retired by the team shortly after his death in 1993. 1:07 ... Bruce introduces Nick Carboni of WCNC-TV who covers the Hornets on a daily basis. 2:10 ... Nick is excited about finally covering the Hornets in the playoffs after 10 years working in the city and shares a brief story from the recent Dell Curry jersey retirement ceremony. 3:11 ... World B, who has been on the Hornets bandwagon gets the first question and asks about the evolution of LaMelo Ball and his impact on the team's success.  Nick thought Melo was going to be traded a few months ago but his progress has really helped the team. 6:50 ... The Hornets have been sparked by rookie Kon Kneuppel and his spectacular 3 point shooting and all around floor game. 9:37 ... Nick points out the moment when he realized the Hornets were not the same old Hornets from recent years.  It was their wins over Utah and Oklahoma City that convinced him they were different.  And their defense has improved dramatically. 11:55 ... The Hornets have played spectacular ball for second year head coach Charles Lee for two straight months.  Are they peaking at a good time? 14:27 ... Lee is part of the Boston connection plus some other veterans like Grant Williams, Xavier Tillman, and Pat Connaughton that are helping a young team to realize its potential. 17:02 ... The Hornets have been healthy and good chemistry has logically followed due to the players having more experience together on the court. 20:15 ... Rebounding has been a key improvement that has led to more winning in Charlotte. 23:19 ... The Charlotte market is not one of the largest TV markets but they support the NFL's Panthers and the Hornets.  Major League Baseball may have interest in expanding into Charlotte, but can the city support a third pro franchise? 27:07 ... Bruce asks about the sports culture in Charlotte and whether the fans are more like college fans since the state is so college hoop oriented. 29:59 ... Bruce point out that the Hornets have had many blowout wins but wonders if the team needs to win some close "nailbiter" games in order to be "playoff ready?"  Nick agrees and cites a few examples of close games that were losses when they could have been wins. 31:59 ... Kemba Walker was a great player in Charlotte and is now a member of their coaching staff.  Nick says Kemba remains his favorite player of all time.  And his presence on the bench connects the Charlotte fans of different generations. 35:11 ... Bruce reintroduces Nick and tosses to the mid-show break 35:30 ... Bruce resets and tees up a discussion of the 65 game rule for postseason awards and All-NBA teams.  Everyone agrees that some tweaks are needed to minimize the unforeseen circumstances of the rule. 38:45 ... Jayson Tatum's return to the Celtics has Boston fans dreaming of a second title in 3 years.  Do these fans need to tap the brakes? 41:49 ... The Lakers have been on fire as of late with Luka Doncic leading the way.  Are they a legit threat to win the title? 44:54 ... Which teams are lurking below the radar but who could make a meaningful playoff run?  Nick likes the Hornets, World B likes Miami, and Bruce likes Minnesota. 48:00 ... Bruce wraps things up and teases the weekend preview show later in the week. TRT 48:45 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A state basketball tournament preview show on this week's edition of Prep Sports Weekly. Monday, March 2, 2026. We start, by looking back to two teams that notched win at Saturday's 3A regionals. From the Snohomish Panthers girls, we hear from players Sienna Capelli and Lola Rotondo; followed by the Edmonds-Woodway boys and head Tyler Geving and guard Grant Williams. All aboard for a coach's carousel with Tulalip Heritage's boys coach Shawn Sanchey (heading to Spokane); and King's girls and boys coaches Dan Taylor and Joe Stack (heading to Yakima).

In this episode of The Grant Williams Podcast, I'm joined by Variant Perception's Tian Yang for a sweeping discussion of what he calls a “late-cycle macro, early-stage regime shift.” Tian argues that the global economy is pivoting away from efficiency and toward sovereignty, as great powers prioritise control of supply chains, technology, and industrial capacity. Drawing parallels to McKinley, Roosevelt, FDR, and Eisenhower, he explains why state-driven investment, industrial policy, and fiscal dominance are becoming permanent features of the economic landscape. From AI-driven melt-up dynamics in markets to gold's role as a geopolitical hedge, Tian lays out a framework for navigating a world where governments are increasingly shaping the direction—and outcomes—of economic growth. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com.  Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… 

This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.comGood Sunday to you,In case you missed them, I put out two articles this week. Here they are.By now I am sure you will have stumbled across Matt Shumer's essay Something Big Is Happening, which has gone bananas viral. Eighty-one million views on X alone. That's even more than We're All Far Right Now.Shumer describes how AI capability is improving exponentially, meaning that most screen-based jobs face imminent and major disruption. By that he means all but disappearing. His advice is blunt: get good at using AI now; assume much of what you do will be automated, and thus your doing it will soon be redundant; and start saving up, there's economic upheaval coming.It's perhaps the best articulated essay there is describing this bleak view of what is coming.From my own little vantage point, I'm not nearly so pessimistic. I use AI a lot, and I use it more and more. Its rapid improvement over the last six months has been obvious, though it still cannot recognise humour, let alone write it - humour that's actually funny, anyway. So it's rather like the BBC comedy department in that regard.EDIT: Having written that last paragraph, I just watched this. It is a perfect Frat Pack joke. I've now watched a load of other clips made with AI movie generator Seed Dance 2.0 from Byte Dance (parent company of TikTok), and I've a mind to short Disney first thing on Monday morning. The content is breathtaking, even the comedy.I use AI as a sounding board, for legal and regulatory questions, bureaucratic procedures, personal advice, career and business advice, videos, images. I use it to proof read copy, in the case of PR which I hate writing, I use it to actually generate copy; it helps me with titles, SEO summaries and research. I am not at the point where it writes my articles for me, and I like to think I would not let that happen, but I know others are: I am increasingly reading pieces in respectable broadsheets that are clearly written by bots.That represents a lot of work I might once have given to other people.On the other hand, if I had needed to pay someone proper money to do it, I probably would not have done it at all. In that sense it is not so different from the democratisation of media that followed the turn of the 21st century, when filmmaking, podcasting and publishing suddenly became accessible to anyone with a laptop.From a personal point of view I know I have lost a shedload of voiceover work to AI, and what used to be my main source of income no longer is. More annoying, my voice, with the countless documentaries, promos, trailers and ads I've voiced over the years, has been harvested, modelled and copied like mad. Not a lot I can do. But the net result to the world is more content, better content, produced faster and at lower cost.I'm not sure quite how end-of-days it all is. But Shumer's finger is on the pulse in a way mine is not.Let's assume he is more right than I am. What then?Two things follow.First, AI is deflationary. Services get cheaper. Productivity rises. Labour loses bargaining power.Second, governments will not sit back and watch demand collapse. If employment and incomes come under pressure, the political response will be fiscal support, especially if it win s elections. This means more borrowing, therefore lower interest rates, and more money-printing. Different routes, same destination: easy money.That is essentially the conclusion reached by analyst Lyn Alden in her latest newsletter, though her reasoning is more technical. The Federal Reserve has already moved from balance sheet reduction back to ongoing expansion. Not a dramatic “QE moment”, but a structural, steady increase to keep the financial plumbing functioning. She calls it the “gradual print”.Jefferies' Chris Woods, whose Greed & Fear letter I have come to rather like, arrives at a similar place via politics. The US government is now so sensitive to interest costs that sustained tight policy is unrealistic. If markets wobble or growth weakens, intervention returns. Monetary restraint will not survive contact with fiscal reality.Hedge fund billionaire, Ray Dalio's argument, laid out in his latest offering, is similar, though simpler and colder. The United States is late in a long-term debt cycle, with borrowing rising faster than income. There are three ways out: austerity, default or money printing. The US will choose the third. If foreign buyers will not fund the deficits at acceptable rates, the central bank ultimately does. Different language, same conclusion.Which brings me to an interview I listened to this week, between Grant Williams and Rabobank's Michael Every. Every thinks stable coins will act as the funding vehicle. Every's argument is more macro than AI or the Fed. He believes we are seeing a structural shift in the global economic system, comparable to the late Soviet period. With Communism in its final throes, Gorbachev tried to transform the USSR from a military-industrial economy into a consumer one. It failed and the system collapsed.The United States, Every argues, is now attempting the reverse. After decades of financialisation and consumption, it is trying to rebuild industrial and military capacity. That means: industrial policy, trade protection, supply-chain control and capital directed toward production, rather than asset inflation. Instead of buying US treasuries, foreign dollars get recycled into US manufacturing, industry and, yes, its military.This is not the liberal globalisation model of the last thirty years. It is economic statecraft. This means growth may be slower and inflation structurally higher, while financial markets less dominant relative to the real economy.Success is by no means guaranteed, but the direction of travel is toward a more managed, more political, less free market economic system.So … large forces are converging. Different stories, maybe, but the destination is be rather similar.* AI will improve productivity, but lower labour power* Governments will be forced towards fiscal support* No longer independent, central banks will drift towards balance sheet expansion* Geopolitics will drive reindustrialisation and energy demandWhich brings us to the question that matters.What are the implications for your money?Where do you put it?

With the recent volatility in precious metals raising an inordinate amount of questions (and generating an even greater amount of hot takes and opinions from let's just say ‘commentators who are relatively inexperienced in the idiosyncrasies of gold and silver markets'), it felt appropriate to have a conversation with Simon Mikhailovich – a man who has not only been involved in precious metals for some considerable time, but who is also as sound and as savvy a commentator as you'll find and who brings a unique perspective to his views that's rooted in both a wealth of experience and balanced, objective analysis. This is a wide-angle conversation about why gold matters—not as a trade, but as protection in a world built on promises.A much more useful approach in times like these. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com.  Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… 

In this episode of The Grant Williams Podcast, I'm joined by Rabobank's Michael Every for a provocative exploration of why the post-Cold War liberal world order is breaking down — and what may replace it. Michael argues that decades of hyper-market economics hollowed out America's industrial and military base, and that Trump's project represents a radical attempt to reverse that trajectory by fusing national security and economic policy. Drawing on deep historical parallels with the collapse of the Soviet Union, he sets out his ‘reverse Gorbachev' thesis: an effort to impose a form of capitalism with a national-security face, subordinating markets to strategic necessity, elevating the Treasury over the Federal Reserve, and accepting higher inflation, heavier state intervention, and intensified political conflict at home and abroad in order to rebuild power and resilience. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com.  Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… 

With the Hornets hitting the road for two quick games against Western-Conference opponents, Nate Wimberly of WBTV stops by to join Sam Farber to preview Buzz City's showdown at Memphis. The two also discuss Kon Knueppel's draft order in the upcoming Rising Stars Game, as well as a general overview of how the Hornets are playing as of late.

In this episode of The Hundred Year Pivot, Demetri and I are joined by geopolitical strategist Kamran Bokhari for a sweeping, historically grounded exploration of how Iran arrived at its present moment of instability—and where it may be heading next. Kamran traces Iran's modern political evolution from Qajar Persia through the Pahlavi monarchy, the 1953 Mosaddegh coup, and the 1979 Islamic Revolution, explaining how the regime's dual-military structure—split between the regular army and the IRGC—was forged in war and later transformed into a vehicle for political and economic dominance. From Iran's revolutionary ideology and fear of encirclement to the rise and possible unraveling of its proxy network, the conversation builds toward a sober assessment of today's protests, currency collapse, and internal decay—arguing that while the Islamic Republic may be weakening in unprecedented ways, the path forward is likely to be turbulent, uncertain, and region-shaping rather than clean or sudden. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com.  Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… 

Episode 459 of Hidden Forces is the twelfth episode in the Hundred Year Pivot podcast series. In it, Demetri Kofinas and Grant Williams speak with Kamran Bokhari, a strategic forecaster and geopolitical analyst who specializes on the Middle Eastern and Eurasia, about Iran's nationwide protests, what they reveal about the power and stability of the Iranian regime, and what the state of Iranian affairs portends for Iran's future, the region's geopolitics, and the strategic considerations and objectives of the United States. The conversation's opening hour traces Iran's modern formation—beginning in the early 1900s with the Constitutional Revolution, moving through the 1953 coup and the Shah's rule, and culminating in the 1979 Islamic Revolution and its aftermath. Kamran walks the audience through the evolution of Iran's dual military structure, explaining the critical distinction between the Islamic Revolutionary Guard Corps (IRGC) and the regular armed forces (Artesh), and how the IRGC grew from an ideological militia into an oversized parallel state controlling everything from telecommunications to Iran's nuclear program, while becoming increasingly corrupt and internally divided. The second hour is devoted to analyzing the current protests engulfing Iran, how they differ from previous uprisings, and the implications for a severely weakened IRGC following Israel's dismantling of its proxy network, the relentless targeting of its commanders, and its failure to secure the safety of its own citizens from Israeli reprisals. They explore the regime's internal factionalization, the role of the merchant class in these protests, the potential pathways forward—from managed regime decay to military intervention to outright chaos—and the cascading effects that Iran's instability could have on its neighbors, from Turkey and Azerbaijan to Iraq, Afghanistan, and beyond. Subscribe to our premium content—including our premium feed, episode transcripts, and Intelligence Reports—by visiting HiddenForces.io/subscribe. If you'd like to join the conversation and become a member of the Hidden Forces Genius community—with benefits like Q&A calls with guests, exclusive research and analysis, in-person events, and dinners—you can also sign up on our subscriber page at HiddenForces.io/subscribe. If you enjoyed today's episode of Hidden Forces, please support the show by: Subscribing on Apple Podcasts, YouTube, Spotify, Stitcher, SoundCloud, CastBox, or via our RSS Feed Writing us a review on Apple Podcasts & Spotify Joining our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe and support the podcast at https://hiddenforces.io. Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 01/15/2026

Episode 459 of Hidden Forces is the twelfth episode in the Hundred Year Pivot podcast series. In it, Demetri Kofinas and Grant Williams speak with Kamran Bokhari, a strategic forecaster and geopolitical analyst who specializes on the Middle Eastern and Eurasia, about Iran's nationwide protests, what they reveal about the power and stability of the Iranian regime, and what the state of Iranian affairs portends for Iran's future, the region's geopolitics, and the strategic considerations and objectives of the United States. The conversation's opening hour traces Iran's modern formation—beginning in the early 1900s with the Constitutional Revolution, moving through the 1953 coup and the Shah's rule, and culminating in the 1979 Islamic Revolution and its aftermath. Kamran walks the audience through the evolution of Iran's dual military structure, explaining the critical distinction between the Islamic Revolutionary Guard Corps (IRGC) and the regular armed forces (Artesh), and how the IRGC grew from an ideological militia into an oversized parallel state controlling everything from telecommunications to Iran's nuclear program, while becoming increasingly corrupt and internally divided. The second hour is devoted to analyzing the current protests engulfing Iran, how they differ from previous uprisings, and the implications for a severely weakened IRGC following Israel's dismantling of its proxy network, the relentless targeting of its commanders, and its failure to secure the safety of its own citizens from Israeli reprisals. They explore the regime's internal factionalization, the role of the merchant class in these protests, the potential pathways forward—from managed regime decay to military intervention to outright chaos—and the cascading effects that Iran's instability could have on its neighbors, from Turkey and Azerbaijan to Iraq, Afghanistan, and beyond. Subscribe to our premium content—including our premium feed, episode transcripts, and Intelligence Reports—by visiting HiddenForces.io/subscribe. If you'd like to join the conversation and become a member of the Hidden Forces Genius community—with benefits like Q&A calls with guests, exclusive research and analysis, in-person events, and dinners—you can also sign up on our subscriber page at HiddenForces.io/subscribe. If you enjoyed today's episode of Hidden Forces, please support the show by: Subscribing on Apple Podcasts, YouTube, Spotify, Stitcher, SoundCloud, CastBox, or via our RSS Feed Writing us a review on Apple Podcasts & Spotify Joining our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe and support the podcast at https://hiddenforces.io. Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 01/15/2026

Demetri and I welcome journalist and author Brian Winter to The Hundred Year Pivot to discuss the recent events in Venezuela and where they fit into the upheaval coming at us from seemingly every direction. Brian is the editor-in-chief of Americas Quarterly and a seasoned analyst of Latin American politics and his balanced perspective is a welcome antidote to the unbridled certainty about the future that seems to have erupted since Maduro's extradition/kidnap. We discuss the finer details of Venezuelan politics, what likely happens next, other key potential flashpoints in Latin America as well as the surprising resurgence of right-wing politics across a continent with a history of tending very consistently towards the other extreme of the political spectrum. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com. Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm…

This episode of Excess Returns features a wide ranging conversation with Grant Williams on what he calls the hundred year pivot. Grant explains why today's environment feels fundamentally different from the last several decades, why long held investing assumptions may no longer apply, and how declining trust in institutions, money, and markets is reshaping the global financial system. Drawing on history, macroeconomics, and decades of market experience, the discussion explores what this transition means for investors trying to navigate a world defined by uncertainty, volatility, and structural change.Main topics covered• What the hundred year pivot means and why it represents a once in a generation shift• The Fourth Turning framework and how it connects financial crises, politics, and social change• Why buy the dip worked for decades and why it may fail in the years ahead• The erosion of trust in institutions and its impact on markets and money• The financial crisis, sanctions, and the freezing of sovereign assets as turning points• The role of the dollar, gold, and central banks in a changing monetary system• Lessons from history including Bretton Woods and the Suez crisis• Why commodities and real assets matter in a world of deglobalization and reshoring• How artificial intelligence fits into the current investment cycle and capital allocation boom• Portfolio construction and behavioral challenges in a higher volatility environmentTimestamps00:00 The hundred year pivot and why this cycle is different01:30 Defining the Fourth Turning and historical cycles07:40 The financial crisis as the start of institutional breakdown11:00 Sanctions, sovereign assets, and the end of unquestioned trust in the dollar18:20 Historical parallels from Bretton Woods and the Suez crisis24:50 What could trigger a broader monetary reset28:50 Energy, geopolitics, and shifting global alliances35:00 Commodities, real assets, and rebuilding supply chains42:40 Artificial intelligence, capital cycles, and uncertainty52:30 Portfolio construction, behavior, and risk tolerance59:50 Where to follow Grant Williams and his work

The Hornets kicked off a five-game road trip in impressive fashion, taking care of business rather easily in Utah by a final score of 150-95. The 55-point margin of victory marks the largest winning margin in franchise history on the road, as nine players reached double figures for the Hornets. Rob Longo and the lead writer of Hornets.com Sam Perley break down the game and pick their star performances of the night, and also tally up all the records and milestones achieved in this vicotry.

Episode 456 is the eleventh installment in the Hundred Year Pivot podcast series. In it, Demetri Kofinas and Grant Williams speak with the editor-in-chief of Americas Quarterly, Brian Winter. He's an expert on Latin America, having lived and worked in Brazil, Argentina, and Mexico, and possesses a deep understanding of the region's politics, economics, and security dynamics. The three of them begin their conversation discussing the Trump administration's almost cinematic removal of Nicolás Maduro from power in Venezuela. They speculate about who is currently in charge of the country, the implications of Maduro's exit for Venezuela's economy and the region's geopolitics, the rising tide of right-wing political movements across Latin America, and how this operation fits into the Trump administration's broader initiatives as they have been conveyed in the new National Security Strategy. They also explore the rising tide of right-wing political movements across Latin America, the role of organized crime in driving political change, how demographic shifts and artificial intelligence might reshape the region's future, and the unique role that Trump's National security adviser and secretary of state Marco Rubio has played in shaping US foreign policy in Latin America and whether Cuba and its communist government is next on the administration's list of seemingly every-expanding targets. Subscribe to our premium content—including our premium feed, episode transcripts, and Intelligence Reports—by visiting HiddenForces.io/subscribe. If you'd like to join the conversation and become a member of the Hidden Forces Genius community—with benefits like Q&A calls with guests, exclusive research and analysis, in-person events, and dinners—you can also sign up on our subscriber page at HiddenForces.io/subscribe. If you enjoyed today's episode of Hidden Forces, please support the show by: Subscribing on Apple Podcasts, YouTube, Spotify, Stitcher, SoundCloud, CastBox, or via our RSS Feed Writing us a review on Apple Podcasts & Spotify Joining our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe and support the podcast at https://hiddenforces.io. Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 01/07/2025

In this episode of The Grant Williams Podcast, I'm joined by Dr. John Bosetti, MD, an eye surgeon who has dedicated his career to tackling one of the most devastating—and most solvable—health crises in the developing world: preventable blindness. Dr. Bosetti recounts how a life running a successful ophthalmology practice in Napa, California gave way to a mission in Sub-Saharan Africa after witnessing first-hand the scale of untreated cataracts and the limits of short-term medical missions. What followed was a bold plan to build local capacity through Eye Surgeons International—creating world-class training, infrastructure, and sustainability to restore sight, dignity, and economic vitality to millions of people who have been left behind by global healthcare systems. What better way to start the new year than with a profoundly moving conversation that offers hope to thousands and provides an opportunity for us to give back? Happy New Year everyone! Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com.  Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… 

Grant Williams returns to The Jay Martin Show for a wide-ranging conversation that moves from silver market volatility to the deeper forces reshaping currencies, trade, and global power. From China's export policies and US–China trade tensions to the slow, structural erosion of dollar dominance, Grant draws on history to explain how reserve currencies actually transition, why these shifts are gradual rather than catastrophic, and what it all means for investors navigating a changing world. Connect with Grant: https://x.com/ttmygh https://www.grant-williams.com/ https://superterrifichappyday.com/ Join us LIVE at the Vancouver Resource Investment Conference on January 25 & 26. Tickets: https://VRICMedia.com Learn to invest alongside the top minds in commodities. Join The Commodity University today. CLICK: https://linkly.link/26yH8 Sign up for my free weekly newsletter at https://2ly.link/211gx Be part of our online investment community: https://cambridgehouse.com https://twitter.com/JayMartinBC https://www.instagram.com/jaymartinbc https://www.facebook.com/TheJayMartinShow https://www.linkedin.com/company/cambridge-house-international 00:00 – Welcome & framing the discussion 01:15 – Silver's sudden volatility: leverage, corrections, and context 04:20 – Investor vs trader: knowing your temperament 08:20 – Risk management, discipline, and learning from mistakes 13:30 – What's really driving silver: supply, demand, and speculation 16:45 – China's silver export restrictions: signal or noise? 19:10 – Trading headlines vs trading fundamentals 23:40 – Selling well: why professionals outperform 27:30 – Reserve currencies don't last forever: the sterling-to-dollar lesson 31:15 – Debt, geopolitics, and the hidden mechanics of currency power 35:40 – Petrodollar cracks and China's alternative systems 40:45 – Who funds US debt now? Treasuries, gold, and stablecoins 46:20 – Financial history, political stress, and late-stage empires 53:35 – De-globalization, institutions under strain, and what comes next Copyright © 2025 Cambridge House International Inc. All rights reserved.

In this episode of Super Terrific Happy Hour, Steph and I return with our customary blend of easy-going banter coupled with a shameless plug and a sobering assessment of the global financial landscape. What begins with complaints about the cold weather and Seinfeld callbacks, as well as our upcoming live event in St. Petersburg, quickly turns into a candid examination of sovereign refinancing risks, leveraged corporate balance sheets, and a Treasury market increasingly supported not by central banks but by hedge funds and private foreign buyers. As short-term debt dependence grows and refinancing waves collide across governments, corporates, and AI-driven capex, we explain why we continue to sleep better owning gold—and why this moment feels less like a trade than long-term insurance for an unstable monetary age. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper, Silver and Gold Tier subscribers at my website www.Grant-Williams.com.  Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… Gold Tier subscribers have access to my new series of in-depth video conversations, About Time.

In this episode of The Grant Williams Podcast, I welcome Diana Choyleva, Chief Economist at Enodo Economics, for a rigorous unpacking of what ‘de-dollarisation' really means—and what it doesn't. Moving beyond the familiar extremes of “the dollar is finished” versus “the dollar is untouchable,” Diana explains how China is methodically building an alternative financial infrastructure centred on the digital yuan and modern payment rails. The issue, she argues, is not oil being priced in dollars, but how energy is paid for and how those dollars are recycled. From Saudi Arabia's pivotal role to the quiet technological arms race in cross-border payments, this is a masterclass in how currency, geopolitics, and technology are converging to reshape the global monetary order far faster than most realise. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com.  Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… 

Ahh yes, the classic question: Horror or thriller? We ask this as we watch THE COUCH (1962) from director Owen Crump! The film stars Grant Williams, Shirley Knight, and Onslow Stevens, with a screenplay by PSYCHO author Robert Bloch. Context setting 00:00; Synopsis 14:54; Discussion 23:19; Ranking 50:09

"Within 10 years, big changes will occur and the dollar will no longer be the reserve currency," says Dr. Marc Faber. In today's interview with Daniela Cambone, the famed contrarian investor and Grant Williams detail their stark outlook for the West, arguing that true capitalism has been dead for decades. "We haven't had real capitalism for 50-odd years now. It's been creeping further and further away to crony capitalism," Williams states, with Faber adding that the "damage has been done" after years of money printing that has expanded government and eroded living standards.They break down the surprising optimism and economic growth they see across Asia, contrasting it with the declining conditions in the U.S. and Europe. Faber also shares why he believes physical precious metals, and specifically platinum which he calls a prime target for a market "squeeze", are the ultimate assets to protect wealth, while Williams reveals his argument for why Bitcoin and stablecoins are "highly questionable" in a world facing the risk of systemic blackouts and why central bank gold buying is a signal every investor must follow.Chapters: 00:00 – What people are saying in Asia04:26 – The current state of the UK11:06 – NYC's new mayor13:33 – Capitalism: how did we get here?16:17 – Reasons Europe is declining19:23 – Can central banks be eliminated?19:48 – Mark's prediction for gold26:57 – Why Mark favors the platinum market30:25 – De-dollarization36:30 – China's role on global stage38:05 – Marc's warning about war43:26 – Final thoughts from Grant and Marc✅ FREE RESOURCESDownload The Private Wealth Playbook — a data-backed guide to strategically acquiring gold and silver for maximum protection, privacy, and performance. Plus, get Daniela Cambone's Top 10 Lessons to safeguard your wealth (FREE)

n the latest episode of The End Game, Bill and I welcome Gerard Minack for a masterclass in macro perspective and market realism. Gerard, founder of Minack Advisors, dissects the current investment landscape—where AI euphoria collides with fiscal fragility and complacent bond markets. Drawing on historical parallels to the late 1990s tech bubble, he explains why today's optimism may mask structural risks: stretched valuations, rising deficits, and a world growing comfortable with unsustainable debt dynamics. The conversation spans AI's commercial limits, the growing strain on fiscal and monetary policy, and gold's curious role as both hedge and mirror of uncertainty, offering a sharp, grounded assessment of what the end game may truly look like for global markets. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com.  Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… 

In this latest episode of The Hundred Year Pivot, Demetri Kofinas and I are joined by Peter Atwater, adjunct professor at William & Mary and author of The Confidence Map: From Chaos to Clarity. Together we explore Peter's groundbreaking framework for understanding how confidence shapes behaviour, societies, and markets through four emotional quadrants: the comfort zone, the stress centre, the launch pad, and the passenger seat. What begins as a psychological model quickly expands into a sweeping reflection on generational fragility, social media conformity, and the dangerous imbalance of a world where too few people feel in control of their own lives—and where the next shift in collective mood could redefine politics, finance, and community itself. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com.  Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… 

In this episode of The Grant Williams Podcast, I welcome my old mate Ned Naylor-Leyland, long-time precious-metals fund manager, for a detailed discussion on the shifting dynamics of gold, silver, and the mining sector. Ned argues that gold has decisively emerged from a 44-year bear market against Treasuries to reclaim its role as the world's true risk-free asset, signalling the start of a genuine, structural bull market. He outlines why silver—still lagging behind gold—may soon explode higher, driven by surging industrial demand, physical shortages, and growing Indian appetite, before turning to the extraordinary profitability now building within mining equities. The result is a conversation that reframes precious metals not as relics of the past, but as vital assets in a new monetary era. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper and Silver Tier subscribers at my website www.Grant-Williams.com.  Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… 

Episode 447 is the tenth installment in the Hundred Year Pivot podcast series. In it, Demetri Kofinas and Grant Williams speak with Peter Atwater, a recognized expert on the impact of confidence and mood on individual and group decision-making. Peter's work has been instrumental not only in helping his clients, students, and readers understand how people make decisions under conditions of chaos and uncertainty, but also in showing how to use those insights to gain a competitive advantage. The three begin their conversation by mapping out Peter's Confidence Quadrant and using it to explain how individuals and crowds move between feelings of high and low certainty and control. They explore the immense contemporary pressure people feel to conform—particularly on social media and in an educational system that rewards conformity. They discuss financial nihilism, the search for community in unusual places, and why real, in-person networks, relationships, and conversations matter now more than ever. The second half of the episode turns to the political economy of confidence: the rise of leader-centric movements, the fragility of "passenger-seat" societies, the lasting impact of COVID, and the "velvet-rope" economy that has transformed everything from airline cabins to financing. They discuss wealth stratification, powerlessness, the risks of a genuine socialist revolution, the search for leadership, and practical ways individuals can regain agency—through epistemic hygiene, disciplined storytelling, and service to others. Subscribe to our premium content—including our premium feed, episode transcripts, and Intelligence Reports—by visiting HiddenForces.io/subscribe. If you'd like to join the conversation and become a member of the Hidden Forces Genius community—with benefits like Q&A calls with guests, exclusive research and analysis, in-person events, and dinners—you can also sign up on our subscriber page at HiddenForces.io/subscribe. If you enjoyed today's episode of Hidden Forces, please support the show by: Subscribing on Apple Podcasts, YouTube, Spotify, Stitcher, SoundCloud, CastBox, or via our RSS Feed Writing us a review on Apple Podcasts & Spotify Joining our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe and support the podcast at https://hiddenforces.io. Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 10/23/2025

In the ninth episode of The Hundred Year Pivot, Grant and Demetri welcome Roger Mitchell for a deeply reflective conversation on faith, values, and the unraveling of the modern social contract. Against the backdrop of growing disillusionment in Western society, Roger shares his personal journey and explores how the erosion of traditional anchors—family, faith, and community—has left many searching for meaning in a world defined by materialism and inequality. Together, we examine the rise of financial nihilism, the politicisation of belief, and the enduring human need for moral and spiritual grounding, offering a thoughtful exploration of how ancient principles might guide us through contemporary darkness. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper, Silver and Gold Tier subscribers at my website www.Grant-Williams.com.  Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… Gold Tier subscribers have access to my new series of in-depth video conversations, About Time.

In a blockbuster episode of The Grant Williams Podcast, I welcome Julien Garran of MacroStrategy for a penetrating discussion on what Julien believes is the most dangerous bubble in modern financial history—the AI mania. Drawing parallels to the dot-com and housing booms but arguing this one far exceeds both, Julien dissects how years of ultra-loose fiscal and monetary policy have produced staggering capital misallocation, distorted incentives, and a fragile financial order. He explores the structural flaws in large language models, the monopolistic grip of tech giants, and the unsustainable losses lurking beneath the surface, warning that the eventual unwinding of this bubble could reshape global capital flows, undermine productivity, and accelerate inflation across the developed world. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper, Silver and Gold Tier subscribers at my website www.Grant-Williams.com.  Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… Gold Tier subscribers have access to my new series of in-depth video conversations, About Time.

Episode 445 is the ninth installment in the Hundred Year Pivot podcast series. In it, Demetri Kofinas and Grant Williams speak with Roger Mitchell, an entrepreneur and writer whose essay “The Answer Was Here All the Time,” published in Grant Williams's 2025 compendium, explores faith, meaning, and the search for moral grounding in a contemporary West that feels increasingly unmoored and in epistemic freefall. The conversation begins with a diagnosis of the cultural and spiritual malaise that seems to have taken hold of Western societies: the fraying of the social contract, the “boomer blues,” as Roger Mitchell calls them, and why life inside “the machine” leaves us lonely, angry, afraid, and in dire need of real human contact. The second half of the episode turns to a discussion about the dangers of politicizing religion and weaponizing faith in response to growing social and existential angst in Western societies. Demetri, Grant, and Roger explore Europe's identity crisis, the destabilizing effects of uncontrolled immigration, the cultural consequences of collapsing birth rates, the economic and social tragedy facing younger generations, and the broader epistemic collapse that has made consensus-building nearly impossible and replaced reasoned debate with a totalizing ambition for political domination. Subscribe to our premium content—including our premium feed, episode transcripts, and Intelligence Reports—by visiting HiddenForces.io/subscribe. If you'd like to join the conversation and become a member of the Hidden Forces Genius community—with benefits like Q&A calls with guests, exclusive research and analysis, in-person events, and dinners—you can also sign up on our subscriber page at HiddenForces.io/subscribe. If you enjoyed today's episode of Hidden Forces, please support the show by: Subscribing on Apple Podcasts, YouTube, Spotify, Stitcher, SoundCloud, CastBox, or via our RSS Feed Writing us a review on Apple Podcasts & Spotify Joining our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe and support the podcast at https://hiddenforces.io. Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 10/10/2025

In this long-overdue episode of The Grant Williams Podcast, I'm joined by Larry McDonald, founder of The Bear Traps Report and author of How to Listen When Markets Speak, to explore how extraordinary fiscal and monetary responses have reshaped the investing landscape. Larry argues that the disinflationary era is over, replaced by an inflationary, multipolar world that calls for a fresh approach to portfolios—one that favours hard assets like copper, coal, and natural gas over stretched technology stocks. Our conversation spans the political and structural forces driving this shift, from chronic underinvestment in energy and the policy bottlenecks that worsen shortages, to the rising populism fuelled by inflation. Larry highlights how the makeup of the S&P 500 is set to evolve, with industrials, materials, and energy poised to reclaim influence, while risks mount in areas such as passive investing, private credit, and certain financial stocks. We close by examining the implications of the AI-driven capital expenditure boom, the strain it places on power infrastructure, and what it all means for the dollar, gold, and Bitcoin. The result is a timely, wide-ranging conversation offering investors both a roadmap to today's shifting market environment and practical insight into how to navigate what lies ahead. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper, Silver and Gold Tier subscribers at my website www.Grant-Williams.com.  Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… Gold Tier subscribers have access to my new series of in-depth video conversations, About Time.

In this episode of The Grant Williams Podcast, I'm joined by David Fergusson, CEO of Atlas Consolidated in Singapore, for a fascinating look at the disruptive rise of digital banking. From his early days building Hugosave in Singapore to launching Atlas's HugoHub platform for banks, fintechs, and insurers worldwide, David explains how technology, open banking, and shifting regulations are reshaping the industry. Our discussion highlights how digital platforms slash costs, expand access in underserved markets, and integrate AI to accelerate adoption—all pointing to a future where financial services are more efficient, affordable, and transformative than ever before as David digs into the mechanics of this transformation, sharing how digital platforms cut operating costs, improve compliance, and unlock adoption in markets where legacy infrastructure has historically failed to reach. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper, Silver and Gold Tier subscribers at my website www.Grant-Williams.com.  Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… Gold Tier subscribers have access to my new series of in-depth video conversations, About Time.

In thie latest episode of The Grant Williams Podcast, I'm joined by Michael Oliver, founder of Momentum Structural Analysis, for a deep dive into the powerful undercurrents driving today's markets. Michael explains why the US equity rally rests on shaky ground, with broken momentum structures in the S&P 500, Nasdaq-100, and leading tech names hinting at sharp declines ahead. He also outlines how weakening bonds, a faltering dollar, and the setup for explosive moves in commodities and precious metals point to a much broader period of market upheaval. From the risk of Bitcoin tumbling back toward $50,000 to the likelihood of central banks turning once more to the printing presses, Michael makes the case that investors are standing on the cusp of a structural rupture that could redraw the financial landscape. Every episode of the Grant Williams podcast, including This Week In Doom, The End Game, The Super Terrific Happy Hour, The Narrative Game, Kaos Theory, Shifts Happen and The Hundred Year Pivot, is available to Copper, Silver and Gold Tier subscribers at my website www.Grant-Williams.com.  Copper Tier subscribers get access to all podcasts, while members of the Silver Tier get both the podcasts and my monthly newsletter, Things That Make You Go Hmmm… Gold Tier subscribers have access to my new series of in-depth video conversations, About Time.