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Quoth the Raven

Quoth the Raven #317 - Debt Downgrade, Burry’s Bet Against Markets & Ivermectin (QTR & Palisades Gold Radio)

Quoth the Raven

Quoth the Raven

Business, Comedy, Business:investing, Investing

4.5979 Ratings

🗓️ 26 August 2023

⏱️ 65 minutes

🧾️ Download transcript

Summary

On this syndicated version of QTR and Palisades Gold Radio, I have an hour long discussion with host Tom Bodrovics, where we cover tons of topics including: Fitch’s downgrade of U.S. debt, and how pathetic it is that nobody in the industry is paying attention to it The reasons for the downgrade: that both monetary and fiscal policy in the U.S. are spinning out of control How the American public was lied to about ivermectin, among other things Covid-related The role of the mainstream media in perpetuating false narratives China, IP theft and a potential invasion of Taiwan Michael Burry’s recent purchase of put options on the market Why the game theory of market psychology won’t matter when the fundamentals eventually take hold, which shouldn’t be long Why we can’t believe everything we are told by media and must think for ourselves The coming demise of the U.S. dollar empire Subscribe to my Substack, Fringe Finance, here: http://quoththeraven.substack.com Podcast listeners can take 50% off a Substack annual subscription for life by using this link: https://quoththeraven.substack.com/subscribe?coupon=92245385 Contribute a paltry recurring donation via Patreon: https://www.patreon.com/QTRResearch One time donations can also be sent via PayPal: https://www.paypal.me/qtrresearch QTR merch is available here. You can also follow me on YouTube, and Twitter. Please show love to those who support the QTR Podcast: Masterworks - use code QTR at Masterworks.com to skip the waiting list JM Bullion - where QTR buys gold & silver - Twitter: @JMBullion George Gammon - Rebel Capitalist Pro - Twitter: @GeorgeGammon Sang Lucci & Wall St. Jesus — The Steamroom — Twitter: @wallstjesus and @sanglucci Longest Running Patrons: Max Mulvihill - Since 2/2018 Mark Heywood - Since 3/2018 Kyle Thomas - Since 4/2018 Chris Bede - Since 5/2018 Dariusz Kordonski - Since 5/2018 Chris Gerrard - Since 5/2018 Shear Luck - Since 5/2018 Founding Members Of My "FRINGE FINANCE" Column Kashumba - Since 8/2021 Randy Carder - Since 8/2021 T Gaggiotti - Since 8/2021 Jamie - Since 8/2021 A Farmer - Since 9/2021 Harvest Moon Research - Since 9/2021 John H. H. - Since 11/2021 Mark Hutchinson - Since 11/2021 Joseph K. H. - Since 10/2021 A Farmer - Since 9/2021 Tsniezyk - Since 9/2021 Chris - Since 12/2021 All podcast content is subject to this disclaimer. Chris is not an investment adviser. Listeners should always speak to their personal financial advisers. Please leave me alone. Masterworks Disclaimer: This is not an offer of a security or investment advice. See important disclosures at masterworks.com/cd View all past offerings here When Masterworks presents the net return of an investment in a sold artwork, “net return” or “IRR” refers to the annualized internal rate of return net of all fees and expenses, calculated from the offering closing date to the date the sale is consummated. IRR is not indicative of Masterworks paintings not yet sold and past performance is not indicative of future results. For additional information regarding the calculation of IRR for a particular investment in an artwork that has been sold, a reconciliation will be filed as an exhibit to Form 1-U and will be available on the SEC’s website at www.sec.gov.

Transcript

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0:00.0

What's going on? This is the Q-Man. Happy to be here with you today and happy to be syndicating with you.

0:07.5

My last appearance on Palisades Gold Radio, one of my favorite podcasts of all time, that I listen to I don't miss a damn

0:15.1

episode this syndication of my appearance last week on Palisades Gold Radio is brought to you by my sponsors who I love and I support. I'm going

0:24.8

to shout them out and we're going to get on with the show. I speak to Tom

0:28.6

Badrovich about Fitch's downgrade of. debt and the Ivermectin swindle that I wrote about last week on my blog, Fringe Finance.

0:40.0

All right, we all know it's been an uncertain year in the world of finance.

0:44.0

Markets are very volatile and there's been a lot of investment into alternative assets

0:49.0

by some of the biggest players in finance.

0:51.0

Goldman Sachs and Black Rock say the days of T INA, meaning there was no alternative,

0:56.5

are over. RIA reports 88% of surveyed advisors intend to increase allocations to alternatives over the next two years with over half.

1:05.8

52.6% raising allocations all the way to 15%.

1:09.9

Institutions are already maxed out.

1:11.4

30 to 50% into alternatives. What alternatives are they

1:14.8

looking into? Goldman specifically names fine art. Among the ways to help

1:19.4

protect your purchasing power in 2022 the big Three auction houses posted record high revenues of a combined

1:25.7

17.7 billion, the best auction year ever. The global art market is still exceeding its pre-pandemic level according to a

1:35.6

2023 UBS art market report. How can the regular investor like you and me take advantage?

1:42.3

Well, tens of thousands of everyday investors already use it. like you and me take advantage.

1:42.5

Well, tens of thousands of everyday investors already use today's sponsor, Masterworks.

1:47.5

I like these guys a lot.

1:49.0

I have no problem when they call me up and they ask me to shout them out on the podcast.

1:54.0

It's a place where you can invest without needing millions or an art degree,

...

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