Chris Temple provides his insights and experience on financial, and geopolitical landscape at large. He interviews various industry leaders in order to provide more accurate and up-to-date information on what investments one should make.
Kevin Warsh now takes the helm of the U.S. Central Bank, the 17th Chair in its history.
And the conflicting issues before him are as stark as any of his predecessors has ever faced in coming into this post. Warsh has his work cut out for him.
Here, Chris explains Warsh’s history and mindset; considerably different in a few respects than has been covered in the press since President Trump nominated him. Now, given the imperatives before him as well as the dictates of the Bond Vigilantes, Warsh is set to REALLY disappoint any remaining, ignorant speculations (including from The Orange Wonder himself) that there is ANY room to cut interest rates.
Quite the contrary!
Chris lays out the dour fate for markets and most asset classes in the months — perhaps even weeks — ahead. Even more caution and defensive postures are going to be warranted for the forseeable future.
After that, it will be interesting to see how Warsh further channels Paul Volcker! For, as Chris lays out, Warsh has some ambitious institutional changes in mind for the Fed.
In this KNOWLEDGE – packed tutorial, Chris reprises his industry-leading “handbook” on how to be a successful investor in the precious metals space which—yet again—has as of this edition become as much a lesson in how not to lose money as in how to profit.
Intro – Current snapshot of the precious metals (Gold and Silver) arena: — Still little to show in the mining stocks for the recent ATH’s in gold and silver prices. — Why the Iran war to date has NOT been a tail wind for gold and silver (but indeed, as I warned at the war’s outset, would send them LOWER.) — Realizing what it means now that some central banks have started SELLING gold.
— Other aspects of our “road map” I’ll be covering.
17:05 – We begin to look at the history of modern-day gold investing which began on that auspicious date: August 15, 1971.
19:30 – How and why Paul Volcker ended not only inflation (supposedly) around 1980’s gold price peak but set the table for MANY other things (and rendered gold a “wilderness investment” for the next 20 years, during which it was very much a managed asset as diamonds.
22:50 – We discussed the second seminal date of Gold’s secular bull market: September 26, 1999. This set the stage for gold’s next big secular move eventually from 2001-2008. KEY: Long-time (and often surprise) central bank gold sales pretty much became history; and over time, net selling by central banks turned into net buying (and perhaps THE greatest tail wind for gold of the last few years.)
32:25 – KEY: Investment demand for precious metals / equities has remained as fickle as ever; and I discuss some of THAT history and how to navigate the space with the understanding that it’s not gold/silver bugs who drive bull/bear markets in this space, but OTHERS!!!
44:00 –
I sum up the reasons why—as of late April—precious metals remain in consolidation mode. Notwithstanding that, however—and despite the present headwinds I discuss—I explain that the FOUNDATIONAL support for precious metals long term has been strengthened by related monetary/credit crises that are continuing to unfold. KEY: I explain THE key event that will turn the present “caution” light back to GREEN.
51:30 – A few specific words about SILVER and how to properly view its status as both a “junior” precious metal and industrial metal alike. KEY: I explain one VERY counter-intuitive unfolding BULLISH factor for silver as distinguished from gold as well!
58:30 – A quick commercial interlude, describing a present special offer for new Members!
59:30 –
What NOT to do / Things to AVOID in Precious Metals investing (which, among other things, means to RUN away from shysters pitching “Biden Bucks” and other such crapola…and to NEVER invest in so-called “Gold IRAs”)
1:06:15 –
Ways to PROPERLY invest and manage Allocations in Precious Metals — Physical metals and their ETF proxies (and why you would choose one over the other.) — Gold and Silver stock ETFs — Carefully using leveraged PM ETF’s for trading purposes from time to time. KEY: Best practices and how to examine INDIVIDUAL COMPANIES for investment. — “Bet on the jockey” — Ability to raise sufficient money — Jurisdiction / location / permitting / environment / tribal or First Nations obligations or issues/ Governmental or other “Big Brother” support — The project itself (Ounces in the ground are NOT created equal!) — Forget about old-fashioned gold/silver bug ear tickling and slick promotions: WHAT KINDS of stories are those actually investing meaningful money these days interested and willing to invest in?
Your Money Today
Episode 26-7 — This is NOT Your Father’s Gold Market!
SEGMENT ONE — I’m joined by my old friend Des O’Kell, President of Alberta, Canada-based Enterprise Group (TSE-E; OTCQB-ETOLF.)
We discuss the policy challenges that his industry still faces under “Net Zero” fanatic P.M. Mark Carney and his fellow travelers, despite the huge untapped wealth Canada sports.
Notwithstanding that, though, there are select areas where the goverment IS supportive; and I discuss those things with Des, together with the especially unique opportunity U.S. investors have in select areas of Canadian energy.
SEGMENT TWO (34:23 mark) — Yours truly wraps up the market activity as we finish the fourth week of the Israel/U.S. v. Iran war.
Key subjects: — The still-bearish nature of the U.S. stock market — The REAL, diametrically opposed “dual mandates” the Federal Reserve is caught between and — Gold’s behavior Friday, exhibiting the first time in four weeks that the yellow metal (and even silver) were able to separate themselves from the downdrafts most everywhere else. LINKS — Enterprise Group’s website — https://enterprisegrp.ca/ The National Investor — https://www.nationalinvestor.com/ Follow Chris on “X” — https://x.com/NatInvestor Follow Chris on LinkedIn — / chris-temple-1a482020
Your Money Today
Episode 26-6: Canadian Energy mkts w/ Des O’Kell and Markets Wrap-up through 3/27
Here, as always, I focus on the FACTS and REALITY behind the Regime Change War now underway in Iran. — The Backdrop — What to Expect based on the first two days and extrapolating that — Already a new oil crisis brewing? — I discuss the DUAL “closing” already of the Strait of Hormuz — The (relatively undercovered) BIG sub-plot: The new front in the now-intensifying “World War 3 over Commodities” as it pertains to the U.S.-China relationship. — What market moves are enduring…which ones may be transient — President Donald J. Trump’s risky political calculus — AND MORE!
Your Money Today
Episode 26-5: Mar 2, 2026 – Taking Stock of the Israeli/U.S. War against Iran, and More
Here, Chris discusses President Trump’s Fed Chair nominee Kevin Warsh; a banker right out of D.C. Swamp “central casting,” BUT one whose legitimate views on how the Fed needs to be “reformed” will play fairly well with both sides of the aisle in the Senate. The possible delay in Warsh becoming chair could still roil markets even further: but in the end, Chris discusses his views on what a Warsh Fed will look like (again, he’s FAR from the type of Trump sycophant “MAGA” nominee some thought was coming.) And, you’ll learn the one proposed reform of Warsh’s that could become a major sticking point, especially with those wary of Trump seeking a back door way to get more direct influence over monetary policy. Aside from that, Chris recaps last week’s market activity (especially why the PM’s got belatedly hammered) and explains why EVERYONE’S expectations for 2026 are now going to have to be dialed back somewhat.
Your Money Today
Episode 26-4: Feb. 1, 2026 – Kevin Warsh nomination & the Markets
