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Macro Voices

MacroVoices #256 Russell Napier: Prepare for Secular Inflation

Macro Voices

Hedge Fund Manager Erik Townsend

Business, Investing, Business:investing

4.83.4K Ratings

🗓️ 28 January 2021

⏱️ 76 minutes

🧾️ Download transcript

Summary

MacroVoices Erik Townsend and Patrick Ceresna welcome Russell Napier to the show to discuss how stocks are rallying to new all-time highs amidst the ongoing pandemic and where we stand with regard to the economic outlook generally & much more. Link: https://bit.ly/36ohb7p

Transcript

Click on a timestamp to play from that location

0:00.0

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

0:14.2

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

0:20.0

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

0:25.5

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

0:30.9

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

0:38.1

Macro Voices Episode 256 was recorded on July 28, 2021. I'm Eric Townsend. This episode

0:45.6

is brought to you by Abbex Technologies pioneering the design of smarter markets that better

0:50.4

meet the needs of both market participants and society as a whole. And by Abra Plata

0:55.7

Resource Corporation, a premier emerging silver and gold exploration company, ticker ABRA

1:02.4

on the T.S.X Venture Exchange and ABBRF in the United States. It was one year ago today

1:08.9

that I began aggressively shorting crude oil futures and buying puts on crude oil futures

1:14.3

after it had become clear that a global pandemic was likely. Two days later on January

1:19.6

30, 2020, we dropped everything to rearrange our production schedule to bring you an interview

1:25.8

with Dr. Chris Martensen. Lying out a symptomatic transmission are not the measure of transmissibility

1:31.6

of a pandemic virus and the reasons why Dr. Martensen predicted that early efforts to

1:36.7

contain the spread of the virus using airport thermometer checks would be ineffective.

1:42.1

We were then ridiculed and harassed for several weeks by listeners accusing us of being

1:47.2

conspiracy theorists and irresponsible fear mongers. Meanwhile, those of our listeners

1:53.0

who were not overcome by normalcy bias and their own fears and insecurities made a killing

1:58.4

trading the clearest and most egregious mispricing of market risk in our lifetimes, which

2:03.8

persisted for well over a month after it was crystal clear to anyone actually paying

2:08.9

attention that a global pandemic was imminent. One year later, the world is a changed place.

...

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