The Contrarian Capitalist Podcast

Welcome to Mid-Week Macro for Wednesday 3rd June 2026.

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High-conviction research, traffic-light market guidance, and early access to podcasts and macro insights, built for investors who prioritise capital protection and asymmetric opportunities.

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Mid-week Polymarket market

Last week we checked in on the NBA 2026 Champion market and highlighted the New York Knicks’ blistering 11-0 record in this year’s playoffs.

I thought that the Oklahoma City Thunder would get past the San Antonio Spurs, especially as they were up 3-2 (in a best of seven) at the time of writing last week’s Mid-Week Macro.

The Spurs eventually won that best of seven series 4-3 and I am still surprised that the Knicks are still only at a 36% chance of winning. They have had much more rest, and I think that they will ride the momentum wave to the title. We shall see!

Plan B

The US LLC with The Jerz Group has now been setup and so too has banking. This is to help The Contrarian Capitalist in general and also for personal and family positions.

I have used The Jerz Group for the Paraguayan Residency process and can hands down say that it was a very good and hassle-free experience. The Jerz Group are able to help anyone worldwide. Use the button below to explore their available options, you should be able to book in a consultation with them, and please mention The Contrarian Capitalist when you get in touch with them.

GoldCore is an international precious metals specialist, offering secure access to physical gold and silver through one of the world’s most robust vaulting and logistics networks.

NB - This is an affiliate link and if you chose to store your metals with GoldCore then you will also be helping The Contrarian Capitalist. I do have holdings with GoldCore and can hand on heart say that they do a very good job.

Podcasts & Posts & Article Links

Peter Murrell used fake invoices to cover up £400,000 spending spree

Police bodycam shows officers handcuffing Henry Nowak

Gold overtakes US Treasuries as top global reserve asset

Today’s episode features the excellent Doomberg.

AUDIO IS AVAILABLE HERE

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NB - Recorded on Monday 1st June PM Eastern Time.

Doomberg deep dives into:

* The current state of play in the Middle East and the broad range of possibilities that could occur both geopolitically and within energy, depending on how the war plays out.

* The UK, EU and how they are very susceptible to the worst-case scenario from an energy perspective.

* Why there is no propaganda quite like British propaganda.

* The dis-importance of the 21st round of EU sanctions on Russia, and the relative importance of Russia banning the export of Jet fuel until the end of November 2026.

* The current state of the USA and the key differences in approaches that you can take when you live near a superpower.

* And much more

Contact Information, Previous Episodes & Articles of Note

It was incredibly eye opening to be able to chat with Doomberg. Please do go and check out Doomberg’s Substack and the website at www.doomberg.com

Our 3 previous conversations are below!

Doomberg also mentioned the Classics Read Aloud Substack. Please do go and check that out at Classics Read Aloud | Substack.

Russia bans aviation fuel exports until November 30 | Reuters

EU may keep Russian oil price cap unchanged at $44 per barrel to pressure Moscow | Reuters

Take control of your financial future with The Contrarian Capitalist. Paid members get commodity and market insights, exclusive macro videos, early interviews, and the tools to build, protect, and grow wealth in uncertain times.

Starting at just $9.17 per month (less than a couple of coffees), it’s exceptional value to protect your wealth, defend your freedom and outsmart the system.

Thank you for being part of The Contrarian Capitalist community!

DISCLAIMER: Nothing in this post/podcast/video should be construed as financial or investment advice. All content is provided for educational and informational purposes only. The views expressed are solely those of the author and do not constitute investment advice, a recommendation, or a solicitation to buy or sell any financial instruments. Always do your own research and consult with a qualified financial advisor before making investment decisions.

Ted J Butler works with Ronnie Stoeferle on the In Gold We Trust Report, also for the Sound Money Report on Substack, David Morgan for The Morgan Report, and with Peter Krauth covering Silver Mining Stocks for the Silver Advisor.

AUDIO IS AVAILABLE HERE

Please LIKE, SHARE AND SUBSCRIBE TO THE CONTRARIAN CAPITALIST

NB - Recorded on Friday 29th May PM Eastern Time.

Take control of your financial future with The Contrarian Capitalist. Paid members get commodity and market insights, exclusive macro videos, early interviews, and the tools to build, protect, and grow wealth in uncertain times.

Starting at just $9.17 per month (less than a couple of coffees), it’s exceptional value to protect your wealth, defend your freedom and outsmart the system.

Thank you for being part of The Contrarian Capitalist community!

Topics covered in this podcast include:

* Key takeaways from the silver section that Ted worked on for the In Gold We Trust Report.

* What you have to look for when analysing mining companies and the general case for silver miners, which includes highlighting current profit margins and why the miners might be better

* Why Silver is still in short supply due to a lack of mine production, and why this will likely lead to continued deficits for the foreseeable future.

* Solar Demand: Why the demand destruction bear case is hyperbolic in light of elevated oil prices.

* Emerging Industrial Demand. Are data centres and EV’s/EV batteries to become Solar’s successor?

* And much more

Contact Information & Previous Recording

Ted J Butler is also a senior analyst for The Silver Advisor and a contributing writer for The Morgan Report

You can also connect with Ted J Butler on LinkedIn.

Please do check out the Sound Money Report too.

Our previous conversations can be found below

Disclaimer

Nothing in this podcast/video should be construed as financial or investment advice. All content is provided for educational and informational purposes only. The views expressed are solely those of the author and do not constitute investment advice, a recommendation, or a solicitation to buy or sell any financial instruments. Always do your own research and consult with a qualified financial advisor before making investment decisions.

Welcome to the Monthly Wrap for May 2026 with The Contrarian Capitalist and Tom Bradshaw, author of Beyond the Headlines.

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5 small bits of housekeeping

* This video was recorded on Saturday 30th May 2026 AM UK time

* The chart deck was also inserted on Saturday 30th May 2026 AM UK time

* Please do provide feedback. What do you like? Not like? What do you want to see discussed? All feedback is useful.

* NB - None of this is to be constituted as investment or trading advice. We are NOT financial advisors.

* Please subscribe to both The Contrarian Capitalist and Tom Bradshaw using the buttons below.

Quote of the Month

Friendships that are won by awards, and not by greatness and nobility of soul, although deserved, yet are not real, and cannot be depended upon in time of adversity.

Niccolò Machiavelli

Move of the Month

Quite straight forward this month as the KOSPI (South Korea) was up a whopping 28.45%

Chart Deck

GOLD 🔴

May Close = $4,537.87 - DOWN -$78.68 (-1.70%)

SILVER 🟢

May Close = $75.29 - UP +$1.57 (+2.13%)

COPPER (per lb USD) 🟢

May Close = $6.3895 - UP +$0.3631 (+6.03%)

PLATINUM SPOT 🔴

May Close = $1,921.20 - DOWN -$63.30 (-3.19%)

PALLADIUM SPOT 🔴

May Close = $1,356.67 - DOWN -$165.83 (-10.89%)

URANIUM U308 FUTURES 🔴

May Close = $84.90 - DOWN -$1.55 (-1.79%)

NATURAL GAS (Henry Hub Natural Gas Spot Price) 🟢

May Close = $3.146 - UP +$0.527 (+20.12%)

Dutch TTF Natural Gas Month Futures 🟢

May Close = €46 - UP +€0.015 (+0.03%)

WTI (West Texas Intermediate) 🔴

May Close = $87.75 - DOWN -$17.65 (-16.75%)

BRENT CRUDE 🔴

May Close = $91.51 - DOWN -$19.34 (-17.45%)

DOW JONES 🟢

May Close = 51,037.09 - UP +1,384.95 points (+2.79%)

NASDAQ 🟢

May Close = 30,333.17 - UP +2,881.05 points (+10.49%)

S & P 500 🟢

May Close = 7,580.05 - UP +371.03 points (+5.15%)

RUSSELL 2000 🟢

May Close = 2,919.34 - UP +119.43 points (+4.27%)

FTSE 100 🟢

May Close = 10,409.28 - UP +30.46 points (+0.29%)

FTSE 250 🟢

May Close = 23,503 - UP +1,050 points (+4.68%)

DAX 🟢

May Close = 25,104.70 - UP +812.32 points (+3.34%)

KOSPI 🟢

May Close = 8,476.15 - UP +1,877.28 points (+28.45%)

NIKKEI 🟢

May Close = 66,198 - UP +6,506 points (+10.90%)

HANG SENG 🔴

May Close = 25,182.39 - DOWN -594.14 points (-2.30%)

Please share The Contrarian Capitalist with your network and please also leave your feedback. Are there any markets you would like to see covered? Please comment below!

Today’s podcast guest is David Morgan, founder of The Morgan Report.

AUDIO IS AVAILABLE HERE

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NB - Recorded on Tuesday 26th May 2026 early PM Eastern Time.

A wide range of talking points are covered, including:

* Gold and silver miners are now doing more share buybacks than at any other point in history. Why this is important and what does this mean?

* The importance of the bi-partisan Silver Act 2026. Why it is the most important piece of bullion legislation since the Silver Purchase Act 1934 and why this potential diversification will help Silver.

* How to potentially successfully play the silver and mining markets moving forwards i.e. Should you have cash on hand just in case a recession comes? How much weighting should you have in your portfolio?

* Whether or not silver being stuck in a $70 -$90 trading range is healthy behaviour

* How long David thinks we have left to benefit from this silver market

* The significance of rising bond yields and what they are telling us about the current market structure.

* And much more

* Please watch the excellent Silver Sunrise Documentary. It is 83 minutes long and packed with incredible information and insights.

Contact Information & Previous Recording

You can follow David’s work at The Morgan Report

And please watch the excellent Silver Sunrise Documentary

And also follow David on both X and LinkedIn

Take control of your financial future with The Contrarian Capitalist. Paid members get commodity and market insights, exclusive macro videos, early interviews, and the tools to build, protect, and grow wealth in uncertain times.

Starting at just $9.17 per month (less than a couple of coffees), it’s exceptional value to protect your wealth, defend your freedom and outsmart the system.

Thank you for being part of The Contrarian Capitalist community!

DISCLAIMER: Nothing in this post/podcast/video should be construed as financial or investment advice. All content is provided for educational and informational purposes only. The views expressed are solely those of the author and do not constitute investment advice, a recommendation, or a solicitation to buy or sell any financial instruments. Always do your own research and consult with a qualified financial advisor before making investment decisions.

Welcome to Mid-Week Macro for Wednesday 27th May 2026!

Get your tickets to the RULE SYMPOSIUM 2026

This post and video are FREE for everyone, and topics covered include:

* Personal and channel update given last week’s circumstances

* Commodities and equities overview

* What else to look for in the week ahead

Upgrade to Contrarian Capitalist Paid Today

High-conviction research, traffic-light market guidance, and early access to podcasts and macro insights, built for investors who prioritise capital protection and asymmetric opportunities.

Thank you for being part of The Contrarian Capitalist community!

Mid-week Polymarket market

A bit out of the blue this week with the mid-week Polymarket market, but the New York Knicks have been on blistering form and tore their way through the Eastern Conference playoffs.

With plenty of rest and momentum, I am surprised that they are only given a 29% chance (at the time of writing) of winning the NBA Championship.

The Thunder are a monster of team, and should they progress to the finals then they will be the ultimate litmus test for a Knicks team that has gone 11-0 thus far and looking for their first NBA crown since 1973.

The US LLC with The Jerz Group has now been setup and so too has banking. This is to help The Contrarian Capitalist in general and also for personal and family positions.

I have used The Jerz Group for the Paraguayan Residency process and can hands down say that it was a very good and hassle-free experience. The Jerz Group are able to help anyone worldwide. Use the button below to explore their available options, you should be able to book in a consultation with them, and please mention The Contrarian Capitalist when you get in touch with them.

GoldCore is an international precious metals specialist, offering secure access to physical gold and silver through one of the world’s most robust vaulting and logistics networks.

Podcasts & Posts & Article Links

Brussels Eyes Wealth Taxes As Europe’s Fiscal Crisis Spirals

Of course, we are all going to die in the UK due to the heat

Energy bills to rise for millions as impact of Iran war hits

Today’s podcast guest is Craig Tindale.

AUDIO IS AVAILABLE HERE

Please LIKE, SHARE AND SUBSCRIBE TO THE CONTRARIAN CAPITALIST

NB - Recorded on Wednesday 20th May 2026 AM UK time.

Craig Tindale deep dives into:

* Why money has become disconnected from physical reality, and what the growing divide between finance and matter means for the global economy moving forward

* Why overly complex systems and economic models often fail, leading policymakers and institutions toward flawed solutions

* The explosive growth of AI and data centres, and the looming battle for rare earths and critical mineral supply chains

* The “Four Horsemen of the PolyCrisis”: sulphur, naphtha, El Niño and central bank amplification

* Why China’s dominance over mineral processing and supply chains is largely the result of long term Western policy failures

* Why nations may need to simplify systems and return to greater self sufficiency in energy, industry and strategic materials

* The major differences between Western and Chinese financing systems when it comes to building mines, refineries and large scale infrastructure projects

* “Tindale’s Trap,” reserve currency weakness, and how the United States could potentially turn structural vulnerabilities into strategic strengths

* Climate change misconceptions, industrial realities and much more

Contact Information & Posts to Read

Please connect with Craig Tindale on Substack and on X.

You should also read "Critical Materials: A Strategic Analysis " by Craig, on X.

Take control of your financial future with The Contrarian Capitalist. Paid members get commodity and market insights, exclusive macro videos, early interviews, and the tools to build, protect, and grow wealth in uncertain times.

Starting at just $9.17 per month (less than a couple of coffees), it’s exceptional value to protect your wealth, defend your freedom and outsmart the system.

Thank you for being part of The Contrarian Capitalist community!

DISCLAIMER: Nothing in this post/podcast/video should be construed as financial or investment advice. All content is provided for educational and informational purposes only. The views expressed are solely those of the author and do not constitute investment advice, a recommendation, or a solicitation to buy or sell any financial instruments. Always do your own research and consult with a qualified financial advisor before making investment decisions.

Today’s podcast guest is Ben Kelleran, who covers Markets, Geopolitics & Current Events on the Kontrarian Korner Substack. Ben is also a recovering CPA.

AUDIO IS AVAILABLE HERE

Please LIKE, SHARE AND SUBSCRIBE TO THE CONTRARIAN CAPITALIST

NB - Recorded on Tuesday 19th May 2026 early PM Eastern Time.

Ben (Kontrarian Korner) deep dives into:

* U.S./China/Oil Relations and what they mean for the rest of the world

* Oil and Gas supply chains in California and the United States. Is California’s energy demise intentional?

* Why the next few months could be critical for the Southwest and West of the United States

* Sulphuric Acid, Helium, Fertilizer and other commodity supply chain choke points

* Ben’s personal playbook for manage market volatility and take advantage of current market opportunities

* 30 Year Yield Soars To 19 Year High After Two Huge Treasury Block Sales

* Why Ben believes we are heading towards a new financial system within the next 5-10 years

* Will Bonds potentially be a big opportunity in the 2030’s?

* Silver Crown Royalties - why this company is potentially worth looking into.

* And much more

Contact Information & Previous Recording

Please connect with Ben Kelleran at Kontrarian Korner on Substack, or on X.

Take control of your financial future with The Contrarian Capitalist. Paid members get commodity and market insights, exclusive macro videos, early interviews, and the tools to build, protect, and grow wealth in uncertain times.

Starting at just $9.17 per month (less than a couple of coffees), it’s exceptional value to protect your wealth, defend your freedom and outsmart the system.

Thank you for being part of The Contrarian Capitalist community!

Subscribe to The Contrarian Capitalist

DISCLAIMER: Nothing in this post/podcast/video should be construed as financial or investment advice. All content is provided for educational and informational purposes only. The views expressed are solely those of the author and do not constitute investment advice, a recommendation, or a solicitation to buy or sell any financial instruments. Always do your own research and consult with a qualified financial advisor before making investment decisions.

Welcome to Mid-Week Macro for Wednesday 20th May 2026.

Protect your wealth. Defend your freedom. Outsmart the system.

Get your tickets to the RULE SYMPOSIUM 2026

This post and video are FREE for everyone, and topics covered include:

* A personal update as I am back in the UK for the foreseeable future

* Commodities and equities overview

* What else to look for in the week ahead

Upgrade to Contrarian Capitalist Paid Today

High-conviction research, traffic-light market guidance, and early access to podcasts and macro insights, built for investors who prioritise capital protection and asymmetric opportunities.

Thank you for being part of The Contrarian Capitalist community!

Mid-week Polymarket market

I do think that the following market is mispriced. Sir Keir Starmer is not necessarily in the strongest of positions but he would have no need to leave at the moment if he doesn’t want to, despite what the Labour backbenchers (and most of the population) want.

Please subscribe to Polymarket on Substack.

I have worked with The Jerz Group to setup a US LLC as well as banking, tax structuring and for future proofing both The Contrarian Capitalist and personal and family positions.

I have used The Jerz Group for the Paraguayan Residency process and can hands down say that it was a very good and hassle-free experience. The Jerz Group are able to help anyone worldwide. Use the button below to explore their available options and please mention The Contrarian Capitalist when you get in touch with them.

GoldCore is an international precious metals specialist, offering secure access to physical gold and silver through one of the world’s most robust vaulting and logistics networks.

Podcasts & Posts & Article Links

UK Moves To Ban New North Sea Oil & Gas Licenses Permanently

Three Supertankers Carrying 6 Million Barrels Exit Strait Of Hormuz

Trump endorses Ken Paxton in Texas, gambling on a challenger with baggage in a crucial race

Reactions To Rep. Massie’s Defeat

Oil Prices Extend Decline After The Largest Crude Inventory Drawdown In History, Cushing ‘Tank Bottoms’ Loom

Robert Bryce is an author, journalist, and film producer. He has been writing about energy, power, innovation, and politics for four decades.

AUDIO IS AVAILABLE HERE

Please LIKE, SHARE AND SUBSCRIBE TO THE CONTRARIAN CAPITALIST

NB - Recorded on Thursday 14th May 2026 PM Eastern Time.

Robert Bryce deep dives into:

* The growing backlash against Big Tech, AI infrastructure, and hyperscale data centres across the United States and why local communities, politicians, environmentalists, and even parts of industry are increasingly united against them.

* Why U.S. natural gas prices have remained relatively sheltered compared to Europe and Asia, and whether that era is coming to an end.

* The hidden impact of higher oil prices and a potential Strait of Hormuz closure on critical commodities including sulphuric acid, urea, fertilizer, and global food production.

* The rise of unexpected geopolitical trade alliances, including oil-for-food style agreements between countries such as Singapore and New Zealand.

* Why the UK’s energy policy has become economically self-destructive, and why Germany may be heading down the same path.

* The future of energy security, deglobalisation, industrial policy, commodities, and the geopolitical battle for affordable power.

Contact Information & Previous Recordings

Numerous articles are referred to throughout the episode. You can find them all on Robert Bryce’s Substack and also by using the links below.

Take control of your financial future with The Contrarian Capitalist. Paid members get commodity and market insights, exclusive macro videos, early interviews, and the tools to build, protect, and grow wealth in uncertain times.

Starting at just $9.17 per month (less than a couple of coffees), it’s exceptional value to protect your wealth, defend your freedom and outsmart the system.

Thank you for being part of The Contrarian Capitalist community!

DISCLAIMER: Nothing in this post/podcast/video should be construed as financial or investment advice. All content is provided for educational and informational purposes only. The views expressed are solely those of the author and do not constitute investment advice, a recommendation, or a solicitation to buy or sell any financial instruments. Always do your own research and consult with a qualified financial advisor before making investment decisions.