Sermons From the Free Market

Right now, something incredible's happening in the oil market.

Price is moving at a velocity at the will of gravity.

Here, gravity is demand.

On March 26th, I wrote the following....

"This is what I’m gonna do. I’m going to speculate oil will go lower and higher all at the same time #oil $USO..."

This statement needs to be taken literally. i.e. the lack of demand would distort the present price of oil relative to the future.

What's even more interesting is when time elapses.

As May oil contracts transition to June, prices are also getting sucked into the vortex of gravitation pull.

Climate change specialist Roger A. Pielke Jr. joins the One Road Podcast joins us not to discuss money and markets, but about science—specifically scientific modeling, climate change, and the intricacies of correlation versus causation.

Roger is an American political scientist and professor at the University of Colorado. He has been incredibly active in commenting on the relationship between politics and science in modern society.

Some of his published works include The Honest Broker: Making Sense of Science in Policy and Politics, The Climate Fix: What Scientists and Politicians Won’t Tell You About Global Warming, and The Rightful Place of Science: Disasters and Climate Change.

Roger brings to the table some unique viewpoints and a fresh approach to economics, politics, and the sciences.

The Commodity Investment Cycle Index (CIC) is a powerful, one-of-a-kind investment indicator that forecasts the prices of commodities and their stocks. It does this by meticulously tracking the Commodity Cycle and how it affects commodity companies. And that’s a crucial tool if you’re a commodity producer, investor, speculator, or analyst. Narrated by Peter Pham at the World Mining Summit 2018 in Perth, Australia.

What does it mean to be a citizen of the world, undivided by political and national discourse? These are the questions tackled when David Gallup, President and General Counsel of the World Service Authority joins Peter on the One Road Podcast. The world citizen passport and I.D. card system is discussed as is the validity of both.

David quotes the originator of both systems, Gary Davis, often. Ideas are brought up, including whether you like it or not, whether you know it or not, you are already a world citizen and that every document issued by any government, is in sense, a joke.

Alisa Melekhina joins Peter for a truly different take on life. All things ‘chess’ are discussed, as well as how to use the lessons of chess in one’s life - from day to day to business and bartering.

The big concepts that are talked about are strategy, tactics and thinking ahead. Perhaps the most interesting takeaway point from the discussion is that no move, regardless of how small, should be made without purpose.

Peter is interviewed for a second time on the fantastic Korelin Economics Report. In this excerpt, Cory and Peter discuss the methodology behind One Road Research's upcoming Special Report on Asia.

To listen to the full interview, follow the link:

http://www.kereport.com/2018/01/06/commodities-trend-economic-growth/

To check out the One Road Research site, click here:

http://www.oneroadresearch.com

To visit and check out the excellent content on the Korelin Economics site, head over to:

http://www.kereport.com

He also speaks about the Khan Academy and how human’s response to fear is preyed upon by various organizations within our society.

The general ignorance of American’s to how their government functions is touched upon before ending on a lighter note regarding some of Porter’s top book picks.

Always enlightening with a penchant for the truth, Porter doesn’t hold back on his strong beliefs and ideas.

Porter Stansberry joins Peter for an intimate talk about family and the future. Porter opens about talking about his past as well as his family and how he approaches being a father. No one in the world owes you anything, which is a lesson he imparts to his sons. Anything that his kids will want they can have, but must go work for it.

One piece of advice he gives is to find a person who is as close to doing at what you want to achieve and do everything you can to work for them, even if its for free – but you need to bring something to the table for that person.

The conversation switches to the global economy and IP rights, as well as the morality behind a) stealing or b) borrowing/creating new from others. Porter has clear definitions of what is right from wrong. He goes on to discuss the impossibility of knowing how the massive amounts of money being created and credit will warp the world’s economy. The only thing that can be known is that the dislocations will be huge and they will fatal.

Alvin Roth joins Peter for a lively discussion on how to create a matchmaking-market while also touching upon commodities and shares. The ever-changing attitudes on various subjects is also debated – mostly on how the things that are considered repugnant evolve and deviate over time in every society.

Alvin ends by speaking to the need for trade agreements to always try to look after the the so-called “losers.” That leaving certain countries high and dry is, in fact, not in the best interests of anybody.

The One Road Podcast, broadcasting financial streams of consciousness

One Road Podcast uses relevant excerpts from Peter Pham’s excellent Big Trade podcast series and combines the excerpts into a nuanced take on our investment newsletter content.

The dynamic and wildly entertaining James Altucher joins Peter to discuss the road to success, how to be diverse in today’s world and speaks to the myth of specialization.