Commodity Culture, Released on 6/2/26 (Recorded on 6/1/26)

Edward Dowd believes that AI companies priced on a hope and a dream are holding up the broad market and when reality finally hits, he expects stocks to crash 30% or more, with the silver lining being a $10,000 price on gold.

00:00 Introduction
00:33 Gold Will Go To $10,000
03:06 Iran War Impact on Gold and Silver
06:52 How High Can Oil Go?
09:58 AI Risk in Broad Market
14:57 Opportunity in Bubble Bursting?
16:59 Real Economy in Tatters
18:43 Sovereign Debt Crisis Ahead?
20:56 China is in Trouble
25:28 China and Dedollarization
27:55 What is Peter Thiel’s Endgame?
29:35 Is There Any Value in Markets Today?

Edward Dowd is currently a Founding Partner of Phinance Technologies, a global macro alternative investment firm. He is also author of the book “Cause Unknown”: The Epidemic of Sudden Deaths in 2021 & 2022 & 2023. Edward has worked on Wall Street most of his career, spanning both credit markets and equity markets. Some of the firms he worked for include HSBC, Donaldson Lufkin & Jenrette and Independence Investments. Most notably, he worked at Blackrock as a portfolio manager where he managed a $14 billion Growth equity portfolio for ten years. After BlackRock, he founded OceanSquare Asset Management with two former BlackRock colleagues.

  ed dowd, gold, investing, market correction, silver, stocks