Thoughtful Money with Adam Taggart

Brent Johnson, CEO of Santiago Capital and creator of the Dollar Milkshake Theory, offers macro views on monetary dynamics and stablecoins. Marc Faber, longtime market commentator and publisher of Gloom, Boom & Doom Report, focuses on debt, inflation, and real assets. They debate Iran war impacts on the dollar, supply shocks, energy and food risks, de-dollarization trends, and where capital may flow next.

Ryan Bohl, Mideast geopolitical strategist and open-source intelligence analyst at RANE, offers a sharp read on Iran and the Gulf. He breaks down the fragile ceasefire, what Islamabad talks will signal, and who stands to gain or lose regionally. He also explains reconstruction prospects, Gulf state reactions, and the wider geopolitical risks if the conflict deepens.

Andy Schectman, co-founder and CEO of Miles Franklin and longtime precious metals dealer, discusses surging physical gold and silver deliveries and where that metal is flowing. He covers limits on COMEX inventories, how scarcity might unfold, geopolitical drivers like war and de-dollarization, and why junk silver looks especially attractive right now.

Michael Pento, money manager and founder of Pento Portfolio Strategies, offers a macro-focused view on inflation, credit cycles, and portfolio risk. He compares today’s setup to the lead-up to the GFC. Topics include oil-driven recession risk, private credit stress, home-price vulnerability, and a heavily defensive model allocation.

Lance Roberts, a portfolio manager and market strategist who focuses on macroeconomics and risk management. He discusses the oil price spike as a catalyst forcing market repricing. They explore how sustained high oil could pressure earnings, duration of the shock, credit spread and private-credit risks, and tactical moves like trimming energy and hedging while watching money-flow signals.

Doomberg, an energy analyst known for deep-dive market and geopolitics newsletters, joins to unpack oil market shocks from the Iran war. He explores why prices stayed contained, the risk of a post-war supply glut that could crash prices, geopolitics splitting petro-dollar and petro-yuan spheres, fuel-switching dynamics, and how tech and policy could reshape oil, gas, nuclear, and regional supply patterns.

Lawrence Lepard, sound-money advocate and money manager who wrote The Big Print, shares his take on precious metals and crypto. He discusses whether recent lows for gold, silver and Bitcoin mark a bottom. He covers physical vs paper markets in silver, miner and ETF opportunities, portfolio sizing and margin risks, and how big-print monetary policy could reignite these assets.

Ed Yardeni, economist and president of Yardeni Research, explains why his long-standing bullish view has flipped after the Iran war. He outlines rising recession and bear market odds, scenarios from quick fixes to stagflation, and how oil, PE compression, and forward earnings signal a 10–15% correction. He also covers energy export shifts, private credit risks, and practical strategies for volatile markets.

Ed Slott, CPA and renowned IRA distribution expert, shares his take on advanced retirement tax moves. He explains why paying taxes at lower rates matters. He breaks down Roth conversions, timing strategies using low tax brackets, and how to avoid tax concentration in traditional IRAs. He also covers rules for beneficiaries, backdoor Roths, and using Roths for guaranteed tax-free income.

Lance Roberts, portfolio manager and market analyst known for macro and technical market commentary. He explores how market fear could spark a sharp reflexive rally on any good news. They discuss oil and Iran implications, rising yields and credit spreads, technical rules like the 200‑day moving average, and recent portfolio adjustments and trading ideas.