Macroscopic Podcast

Louis-Vincent Gave, Hong Kong–based macro investor and CEO of GaveCal, shares bold takes on global reflation, commodity breakouts, and why US tech pressure pushed China to industrial upgrade. He argues China leapfrogged manufacturing, explains RMB and Hong Kong dollar roles, and lays out why Chinese equities look more attractive amid energy-driven macro risks.

Matthew Piepenburg argues that we are living through a slow but historic turning point marked by rising bond yields, collapsing trust in institutions, and the gradual erosion of U.S. dollar dominance. We discuss Japan as the canary in the coal mine, why central banks are trapped between saving their bond markets or their currencies, and why the next Fed pivot is likely to mean more liquidity and further debasement. Matthew explains why this gold bull market is different from the past, why silver could see extreme volatility, and why central banks are quietly accumulating gold ahead of a potential monetary reset. From geopolitics and BRICS to debt, revaluation risk, and the future of the dollar, this is a deep dive into the structural shift now unfolding beneath the headlines. 📲 Download the GoldRepublic app: - Google Play: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://play.google.com/store/apps/details?id=com.goldrepublic⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Apple Store: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://apps.apple.com/nl/app/goldrepublic/id475643876⁠⁠⁠⁠⁠⁠⁠⁠⁠ 🟠 Buy and store physical allocated gold, silver and platinum. 👉 Open an account: ⁠https://bit.ly/38stf7p ⁠ ⚠️ DISCLAIMER ⚠️ The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of any entities they represent. The information provided in this video statement is not an offer, investment advice, or financial service. It is also not intended to encourage you to buy or sell a product or to purchase a service from GoldRepublic, nor as a basis for an investment decision. A decision to invest in a GoldRepublic product can and may only be based on the information contained in a final prospectus and any Key Investor Information and other information about the product concerned (such as annual or semi-annual results). This information is available on the website (www.goldrepublic.com). If necessary, call in an advisor.

Lynette Zang joins me for a deep dive into the end stages of the fiat monetary system. Drawing on decades of studying currency life cycles, she explains why the dollar’s purchasing power is effectively approaching zero, why gold and silver are not “rising” but currencies are failing, and why we are entering a historic monetary regime shift. We discuss gold’s true fundamental value, the collapse of Wall Street price discovery, the role of debt and derivatives, stablecoins, CBDCs, and what history tells us about how monetary systems always end. Lynette also shares why confidence, not numbers, is the real foundation of any currency and what individuals can do to protect purchasing power in the years ahead. 📲 Download the GoldRepublic app: - Google Play: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://play.google.com/store/apps/details?id=com.goldrepublic⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Apple Store: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://apps.apple.com/nl/app/goldrepublic/id475643876⁠⁠⁠⁠⁠⁠⁠⁠⁠ 🟠 Buy and store physical allocated gold, silver and platinum. 👉 Open an account: ⁠https://bit.ly/38stf7p ⁠ ⚠️ DISCLAIMER ⚠️ The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of any entities they represent. The information provided in this video statement is not an offer, investment advice, or financial service. It is also not intended to encourage you to buy or sell a product or to purchase a service from GoldRepublic, nor as a basis for an investment decision. A decision to invest in a GoldRepublic product can and may only be based on the information contained in a final prospectus and any Key Investor Information and other information about the product concerned (such as annual or semi-annual results). This information is available on the website (www.goldrepublic.com). If necessary, call in an advisor.

Hugh Hendry, contrarian hedge fund manager known for blunt macro calls, outlines why silver, Japan and volatility matter more than inflation panic. He teases silver to $200 and a potential 5x Nikkei. He explains the yen’s dramatic collapse, shifts in currency and asset-price regimes, and where to find convex upside in markets.

In part 2 of this interview with Arno Wellens, we dive deep into the digital euro, CBDCs, and digital identity, exposing what’s really behind the push for a cashless Europe. We discuss negative interest rates, the removal of cash, capital controls, and how monetary policy is shifting toward surveillance and control. Is the digital euro about convenience — or about power, coercion, and the future of democracy in Europe? Recording date: 6th November 2025 📲 Download the GoldRepublic app: - Google Play: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://play.google.com/store/apps/details?id=com.goldrepublic⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Apple Store: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://apps.apple.com/nl/app/goldrepublic/id475643876⁠⁠⁠⁠⁠⁠⁠⁠⁠ 🟠 Buy and store physical allocated gold, silver and platinum. 👉 Open an account: ⁠https://bit.ly/38stf7p ⁠ ⚠️ DISCLAIMER ⚠️ The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of any entities they represent. The information provided in this video statement is not an offer, investment advice, or financial service. It is also not intended to encourage you to buy or sell a product or to purchase a service from GoldRepublic, nor as a basis for an investment decision. A decision to invest in a GoldRepublic product can and may only be based on the information contained in a final prospectus and any Key Investor Information and other information about the product concerned (such as annual or semi-annual results). This information is available on the website (www.goldrepublic.com). If necessary, call in an advisor.

Arno Wellens, an independent financial analyst focused on European monetary issues, discusses the looming credit crisis in the Eurozone. He highlights structural fragilities, particularly the debt spirals in France and Italy, exacerbated by chronic budget deficits and demographic challenges. The ECB's efforts to maintain low interest rates are failing, leading to rising sovereign risk and political tensions. Wellens warns that a lack of credible monetary policy could drive capital flight as investors seek safer alternatives like gold.

Alasdair MacLeod, a macro analyst renowned for his insights into monetary history and precious metals, discusses the seismic shifts in global markets. He predicts a major equity crash linked to rising bond yields, drawing parallels to the 1929 financial crisis. Alasdair highlights a potential historic silver squeeze driven by China's reduced supply and industrial demand, particularly from solar and EV sectors. He emphasizes the complex dynamics of the silver market, including forced short covering and declining liquidity.

In this discussion, Francis Hunt, a precious metals investor, shares insights on rising rates boosting gold, silver, and platinum. Macro commentator Henrik Zeberg warns of an impending deflationary bust alongside a strong dollar, while wealth-preservation strategist Matthew Piepenburg emphasizes bond market dynamics and the necessity of liquidity. They delve into how late-cycle liquidity unwinds, the myth of simultaneous market failures, and the historical context of systemic resets, ultimately debating whether precious metals or the dollar will emerge as the safe haven in a crisis.

In this engaging discussion, investment analyst Marc Faber shares his contrarian views on the fragile global monetary system. He emphasizes that debt and geopolitical tensions are leading us toward a potential crisis. Faber advocates for gold as the ultimate store of value, explaining why it surpasses stocks and bonds during tumultuous times. He warns of rising inflation, the threat of war, and the importance of diversifying assets. With insights into central banks and the shifting economic power towards the East, Faber outlines how to safeguard wealth in uncertain times.

In this episode Ronnie Stoeferle, we dive deep into the current gold bull market, the breakout in silver and mining stocks, and why the gold–silver ratio could signal explosive upside ahead. Ronnie explains where we are in the cycle, how central banks are reshaping the monetary system, and why gold, silver, and real assets are back at center stage. If gold reaches ambitious targets, silver could dramatically outperform in the years ahead. 🏆 GET ONE FREE GRAM OF GOLD by opening an account at GoldRepublic: 👉 ⁠https://landing.goldrepublic.com/affiliates/macroscopic⁠ 📲 Download the GoldRepublic app: - Google Play: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://play.google.com/store/apps/details?id=com.goldrepublic⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Apple Store: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://apps.apple.com/nl/app/goldrepublic/id475643876⁠⁠⁠⁠⁠⁠⁠⁠⁠ 🟠 Buy and store physical allocated gold, silver and platinum. 👉 Open an account: ⁠https://bit.ly/38stf7p ⁠ ⚠️ DISCLAIMER ⚠️ The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of any entities they represent. The information provided in this video statement is not an offer, investment advice, or financial service. It is also not intended to encourage you to buy or sell a product or to purchase a service from GoldRepublic, nor as a basis for an investment decision. A decision to invest in a GoldRepublic product can and may only be based on the information contained in a final prospectus and any Key Investor Information and other information about the product concerned (such as annual or semi-annual results). This information is available on the website (www.goldrepublic.com). If necessary, call in an advisor.