Kitco News, Released on 11/5/22
Lobo Tiggre, editor of TheIndependentSpeculator.com, joins the show to discuss his outlook on the Fed, the stock markets, and why he thinks the efficient markets hypothesis does not work. He also weighs in on Elon Musk’s $8/month Twitter subscription plan with David Lin, Anchor and Producer at Kitco News.
0:00 – Fed rate hike and market reaction
7:47 – Efficient markets and investing
11:41 – Fed outlook
17:16 – Job losses
20:46 – Financial markets
24:20 – Inflation memes
26:26 – Elon Musk’s Twitter plans
35:53 – Mining stocks
Lobo Tiggre, aka Louis James, is a legendary speculator and was Doug Casey’s protégé at Casey Research for almost 14 years, until early 2018. He joined the Casey team in 2004. By 2007, he was writing and making investment recommendations in Casey’s flagship newsletter, the International Speculator. Now he brings his experience, his connections and his deal flow directly to you, without the barrage of marketing hype used by larger publishers. He is now the editor of IndependentSpeculator.com.