Stijn Schmitz welcomes Doomberg to the show. Doomberg is Head Writer For The Doomberg Team and Creator of the Doomberg Substack. In this wide-ranging interview, Doomberg offers unique perspectives on global geopolitics, energy markets, and financial trends. Regarding gold, Doomberg views it as a savings vehicle and neutral reserve asset, arguing that its recent price appreciation reflects the declining neutrality of Western financial instruments. The team believes gold is reasserting itself as a critical settlement mechanism in international trade, especially as countries become wary of US dollar-based systems. On energy markets, Doomberg challenges conventional peak oil narratives, asserting that hydrocarbons are plentiful and technological advances continue to make extraction more efficient. They predict a long-term equilibrium oil price around $55 per barrel, driven by natural gas arbitrage opportunities. The United States, in their view, has enormous energy potential that could drive significant economic growth if political challenges are addressed. Geopolitically, Doomberg anticipates significant structural changes, particularly in the European Union. They argue the EU will likely dismantle due to fundamental energy challenges, especially Germany's dismantling of its nuclear power sector and loss of cheap Russian gas. The team sees the ongoing conflict in Ukraine as a potential catalyst for this potential EU breakdown. The interview also touched on potential conflicts in Venezuela and the Middle East, with Doomberg offering nuanced perspectives on resource-driven geopolitical strategies. They consistently emphasize that energy and resources underpin most global political and economic dynamics. Throughout the discussion, Doomberg highlights the importance of looking beyond mainstream narratives and propaganda, advocating for a more analytical approach to understanding global trends. They stress the need to examine data critically and develop robust mental models for interpreting complex geopolitical and economic phenomena.