Metals and Miners, Released on 5/17/26 (Recorded on 5/14/26)

Jesse Felder returns to Metals and Miners POD ON 5/14 to deliver one of his most powerful interviews yet. With markets at all-time highs but showing historic breadth divergences, a classic blow-off top in tech, and inflation re-accelerating, Jesse explains why we are repeating the 1970s playbook — only this time with much higher debt levels. He reveals why energy stocks (not just tech) are set for a massive move, why gold is signaling a new commodity super cycle, and why the dollar is entering a major bear market. If you own hard assets, gold, silver, oil, uranium, or miners — this is must-watch analysis.

(Timestamps are below the video)

00:00 – Intro
00:44 – Why Real Assets Beat Financial Assets Long-Term
01:47 – Market Sentiment & Historic Breadth Divergences
04:32 – Strait of Hormuz, Oil Liquidity Fears
05:01 – Classic Blow-Off Top in Tech & Leverage
07:54 – 1970s Inflation Rotation (Not 2008)
10:15 – Fed Rate Hikes & Impact on Hard Assets
12:22 – New Commodity Super Cycle Led by Gold
13:24 – $4 Trillion IPO Wave & Equity Supply Risk
17:11 – Energy Supply Crisis & Capital Cycle
23:21 – Stagflation vs Wage-Price Spiral
28:18 – Fiscal Dominance & Unanchoring Inflation Expectations
29:15 – K-Shaped Consumer & Spending Resilience
34:07 – US Debt, Deficits & the 10-Year Yield
35:18 – Yield Curve Control & Bond Market Revolt
41:36 – Major Dollar Bear Market Has Begun
47:30 – Greatest Investment Opportunity Right Now (Energy)
49:04 – Gold & Silver Miners Outlook
51:18 – Final Key Takeaway: Follow the Capital Cycle

Jesse Felder began his professional career at Bear, Stearns & Co. and later co-founded a multi-billion-dollar hedge fund firm headquartered in Santa Monica, California. He’s the founder of Felder Investment Research, LLC, which publishes The Felder Report.

  commodities, gold, inflation, investing, Jesse Felder