This is Macro Voices with hedge fund manager Eric Townsend, the free weekly financial

podcast targeting professional finance, high net worth individuals, family offices, and

other sophisticated investors. Macro Voices is all about the brightest minds in the world

of finance and macroeconomics telling it like it is. Bullish your bearish, no holds

barred. Now here are your hosts, Eric Townsend and Patrick Sarasna.

Macro Voices Episode 201 was recorded January 9, 2020. I'm Eric Townsend. This episode

of Macro Voices is brought to you by top traders unplugged, a podcast dedicated to quant

rules-based investing, helping investors overcome behavioral biases. With the gold market

heating up, we're going to kick off 2020 with a precious metals mining shares special.

Now we've been swamped with requests to get natural resources investing guru Marin Katusa

back on the program. So Marin will be joining me as this week's feature interview guest.

We'll discuss how Marin used deal structure edge as opposed to price outlook edge to achieve

better than a 90. Yes, you heard that right. 9 or 0 percent gain in his newsletter's

model portfolio of gold mining stocks in calendar year 2019. Then we'll discuss the pros

and cons of private placements which are only available to accredited investors as a tool

for playing the precious metals market. Finally, we'll discuss what caused Marin whose entire

business career has always focused on natural resource companies to organize the financing

of a cloud computing startup. Be sure to stay tuned for our post game segment after the feature

interview when Patrick and I will discuss parabolic price moves in both Apple and Tesla and what

they mean in terms of interpreting where we stand. Is this a market top? Are we getting that blow

off or is this just part of the ride? And I'm Patrick Suresna now, Eric that S&P 500 fresh new

high blew everything off in terms of the news from Iran. What's your take on all of this?

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