John Rubino, [Follow John on his Substack https://rubino.substack.com/],  joins me to provide his 2025 outlook on geopolitics, both US and global macroeconomics, along with his expectations on interest rates, the US dollar, oil, natural gas, gold, and uranium.

We start off discussing some of the potential implications of the policies from the new incoming Trump administration, and what it means for inflation, the deficit, consumer spending, tariffs, and global trade.  John points out that we really need to wait and see what policies actually get implemented versus the many ideas that have already been floated out into the media.   We also look at how this plays into Fed policy, interest rates, the US dollar, and other global fiat currencies.

Next we shift over to why gold and even the commodities sector should do well, even in the face of a strong apparent US dollar index, when viewing it through the lens of decreasing real purchasing power, and the persistent affects of inflationary forces.   This leads into a discussion on energy and the rising oil and natural gas prices, and how that will affect US markets and global markets, as well as related energy stocks.  John also outlines why he remains bullish on both uranium stocks and gold and silver stocks in the year to come, even if we see an overall equities wash out at one point.   He’ll be viewing any such market sell downs as an opportunity to pick up some of the better quality resource stocks for the longer-term fundamentals he expects to unfold.

Click here to visit John’s Substack to keep up to date on his market and economic commentary.