Sprott Money, Released on 5/25/26 (Recorded on 5/21/26)

Is this the start of a massive bull market in precious metals? In this episode of Ask The Expert, Craig Hemke for Sprott Money is joined by Stephanie Pomboy of MacroMavens to break down Fed policy, rising inflation, bond market stress, and why hard assets remain critical in 2026. They cover Kevin Warsh, yield-curve control, global debt, and why gold and silver continue to stand out amid mounting pressure on central banks. If you’re watching the price of gold or the price of silver and wondering whether to buy gold or silver, this conversation is packed with insights. Gold price trends, silver price outlook, inflation, interest rates, and global macro all point to a volatile summer ahead. Don’t miss this timely discussion!

00:00 Introduction to Macro Analysis
02:50 Transitioning from Powell to Warsh: What Changes?
05:49 The Global Bond Market Crisis
08:49 The End of Globalization and Its Impact
12:00 Potential Fed Strategies and Yield Curve Control
15:03 The Future of Gold and Real Assets
17:49 Expectations for Fed Policy Changes
20:54 Conclusion and Future Insights

Stephanie Pomboy is an economist and founder of the economic research firm MacroMavens. Before launching her firm, Pomboy worked as a managing director at an independent economic research firm ISI Group from 1991 to 2002. She provided timely financial insight and analysis to the country’s most sophisticated and largest institutions. Then, she began her career at Cyrus J. Lawrence LLC’s investment management company after earning a bachelor’s degree in 1990. Pomboy spent over a decade working with Ed Hyman and Nancy Lazar at ISI Group and Cyrus J. Lawrence LLC. In addition, Pomboy hosts a joint podcast called The Super Terrific Happy Hour with Grant Williams of Things That Make You Go Hmmm… newsletter.

Known primarily by his nickname “Turd Ferguson,” Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.

  Craig Hemke, dollar collapse, gold, inflation, investing, silver, Stephanie Pomboy