

Futures Edge Show: Finance Unfiltered with Jim Iuorio and Bob Iaccino
Haynow Media
Join market veterans Jim Iuorio and Bob Iaccino as they interview top-tier guests and draw on their combined 60+ years of experience in financial markets. Dive into compelling discussions on commodities, cryptocurrency, forex, futures, stocks, politics, and pop culture. They bypass the noise from traditional media and break down complex macroeconomics, price action, and policy impacts on markets and the economy, all in plain English. Jim and Bob make sense of what matters to you because it matters to them.
Episodes
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Jun 20, 2024 • 45min
The Investment Potential of Gold with American Gold Exchange’s Dana Samuelson
Why is gold valuable and how does it hedge against economic uncertainties? Gold's imperviousness, scarcity, and historical use as money make it valuable. It serves as a store of value, protects against government actions and inflation, and acts as a portable, risk-free form of wealth. Gold also hedges against stock movements with its inverse correlation to traditional assets.
American Gold Exchange President Dana Samuelson has spent 42 years trading precious metals and rare U.S. gold and silver coins. He joins podcast hosts Jim and Bob to discuss the factors driving the current bull market in gold, from increased central bank buying to concerns about the stewardship of currency, as well as different ways to invest in gold, such as physical coins, ETFs, and mining stocks. He explains the numismatic value of vintage coins and the potential impact of gold's utility in various industries, highlighting the role of gold as a tangible asset and a hedge against inflation and currency devaluation. Gold in an IRA is a good idea, but it's important to deal with a trusted seller who offers the right products at the right pricing. He reveals why it is important to have a dealer that has the client's interests at heart because some sellers of precious metals take advantage of unsuspecting clients by selling collector items at higher prices. Gaining yield on gold can be achieved through strategies like selling call spreads. He also reveals why the culture for gold is stronger in Asia and India compared to the US.
This episode is sponsored by American Gold Exchange
Learn more https://www.amergold.com/
Takeaways
Gold is experiencing a multi-year bull market driven by increased central bank buying and concerns about the stewardship of currency.
Investors can choose to invest in gold through physical coins, ETFs, or mining stocks.
Vintage coins with numismatic value can offer a double play of gold appreciation and premium expansion.
Gold's utility in various industries, such as medicine and space technology, may contribute to its long-term value.
Gold serves as a tangible asset and a hedge against inflation and currency devaluation. Gold is a portable and transferable form of wealth with no counterparty risk.
Gold has an inverse correlation to most traditional assets and can be a hedge against stock movements.
When investing in gold in an IRA, it is important to deal with a trusted seller who offers the right products at the right pricing.
Some sellers of precious metals take advantage of unsuspecting clients by selling collector items at higher prices.
Strategies like selling call spreads can be used to gain yield on gold.
Gold's imperviousness and scarcity make it valuable and it has a long history as a form of money.
The culture for gold is stronger in Asia and India compared to the US.
Gold is considered a store of value and a way to protect against government actions and inflation.
Chapters
00:00 The Bull Market in Gold: Drivers and Trends
06:21 Investing in Gold: Physical Coins, ETFs, and Mining Stocks
08:14 The Numismatic Value of Vintage Coins
23:40 Gold as a Tangible Asset and Hedge Against Inflation
24:08 The Appeal of Gold: Portable and Transferable Wealth
24:30 Gold as a Hedge and Investment in an IRA
25:26 Dealing with Trusted Sellers in the Precious Metals Market
26:36 Gaining Yield on Gold through Strategies like Call Spreads
33:56 The Imperviousness and Scarcity of Gold
36:06 The Cultural Differences in Gold Appreciation
41:18 Gold as a Store of Value and Protection Against Government Actions and Inflation
Produced by Haynow Media

Jun 10, 2024 • 58min
Investing vs. Gambling: Understanding Risk and Probability with Mike Arnold
Podcast hosts Jim Iuorio (@jimiuorio) and Bob Iaccino (@Bob_Iaccino) are joined in their monthly technical analysis discussion with Michael Arnold (@mgarnold) of Path Trading Partners. They host an engaging and comprehensive discussion on trading, encompassing a variety of commodities such as gold, silver, crude oil, uranium, and the dollar index. The conversation underscores the strategic importance of trading around a core position using multi-timeframe analysis. They delve into the nuances of technical analysis and differentiate between investing and gambling. Furthermore, the dialogue explores the influence of global events on financial markets and the critical role of probability in trading decisions. The discussion takes intriguing detours into diverse topics, including artificial intelligence, where they examine the potential ramifications of AI on the software industry.
Takeaways
Exploration of economic tipping points and the impact on the stock market
Insights into the music industry and the use of AI in software development
Technical analysis of the stock market and metals using multi-timeframe analysis Trading around a core position is emphasized for long-term bullish bias.
Technical analysis plays a crucial role in identifying potential trade setups.
Investing in stocks is compared to playing the odds at a craps table, while meme stocks are likened to a high-risk gamble.
The impact of global events on the financial markets is discussed, highlighting the need to adapt to changing market conditions.
Probability and slanting probability in favor are key concepts in trading, emphasizing the importance of risk management and strategic decision-making.
Chapters
00:00 Tie-Dye Shirts and the Grateful Dead
03:02 Economic Tipping Points and Market Analysis
15:54 AI in Software Development
34:16 Crude Oil Analysis and Market Dynamics
37:45 Discussion on Meme Stocks and Gambling Mentality
57:55 Engaging with the Audience and Concluding Remarks

Jun 4, 2024 • 54min
The Challenges Facing Illinois with Wirepoints’ Mark Glennon and Ted Dabrowski
It’s no secret the state of Illinois is near and dear to the hearts of podcast hosts Jim Iuorio (@jimiuorio) and Bob Iaccino (@Bob_Iaccino), who frequently reference Illinois’ economy and government throughout the Futures Edge show. That’s why this episode focuses on the challenges facing Illinois and the efforts of Wirepoints, a think tank that provides unbiased analysis and commentary on Illinois politics and finance. Wirepoints’ Founder and Executive Editor Mark Glennon (@GlennonMarkE) and President Ted Dabrowski (@ilpoliski) break down the financial crisis in Illinois, the impact of migration on the state, the role of federal money in undermining federalism, the rise in crime and its connection to equity policies, and the potential for inflation to help address Illinois' debt. The conversation highlights the need for data-driven analysis and the importance of educating the public about the state's problems. They cover various topics, including the financial crisis in Chicago, the impact of migration on voting blocks, the state of education in Illinois, green policies, and the upcoming Democratic National Convention in Chicago. They also discuss Chicago's challenges, such as high crime rates, underfunded pensions, and population loss. They touch on the potential for a federal bailout, the role of unions in negotiating with the government, and the need for disruptive changes in the education system.
Key Takeaways:
Illinois is facing a severe financial crisis, with a significant loss of taxpayers and income due to migration out of the state.
The influx of federal money as COVID relief has provided temporary relief but has also undermined the federalist system and delayed necessary reforms.
The rise in crime in Illinois is linked to equity policies that prioritize the rights of criminals over the safety of the community.
Donations are crucial for organizations like Wirepoints to continue their work in advocating for change and educating the public about the state's problems.
While inflation may provide some temporary relief for Illinois' debt, the long-term solution requires addressing the state's pension crisis and reducing the burden of public sector pensions. Chicago is facing a financial crisis due to high crime rates, underfunded pensions, and the loss of population.
The impact of migration on voting blocks and elections is a growing concern, particularly among the black community.
The education system in Illinois is in need of disruptive changes, such as school choice, to improve outcomes for students.
Green policies in Illinois, such as the Clean Energy Jobs Act, have led to challenges in infrastructure and the allocation of resources.
The upcoming Democratic National Convention in Chicago raises concerns about potential protests and unrest.
Support for independent media outlets like Wireoints is crucial for providing unbiased analysis and commentary on Illinois politics and finance.
Chapters:
00:00 Introduction and Light-hearted Banter
02:00 The Role of Michael Madigan in Illinois' Problems
05:14 The Impact of Federal Money on Illinois and Undermining Federalism
09:24 The Rise in Crime and its Connection to Equity Policies
15:47 The Importance of Donations for Organizations like WirePoints
27:28 The Financial Crisis in Chicago
32:46 Disruptive Changes Needed in the Education System
34:37 Challenges and Concerns with Green Policies
48:59 The Democratic National Convention
53:42 Supporting Independent Media: WirePoints
This episode is sponsored by Mint Mobile.
$15 for your first 3 months. Visit site below:
trymintmobile.com/futuresedge
Produced by Haynow Media

May 29, 2024 • 49min
Market Overview: Oil's Comeback, EVs, Capital Gains Impact, Real Estate Trends
Podcast hosts Jim Iuorio (@jimiuorio) and Bob Iaccino (@Bob_Iaccino) discuss the recent comeback of oil prices and the factors driving it. They also touch on the topics of climate change, EVs, and the proposed increase in capital gains tax. They express concerns about the potential impact of excessive government spending on the economy and the demand for treasuries. They also discuss the rising real estate market and its implications. The conversation covers various topics including the impact of wage increases on the restaurant industry, the current state of the labor market, the effects of inflation on consumer behavior, and the role of presidents in shaping the economy.
Chapters:
00:00 Navigating the Oil Market: Technical and Fundamental Factors
03:40 Climate Change and Energy Transition: Wood and Nuclear Power
08:06 Taxation and Its Economic Impact: Capital Gains and Policy Proposals
23:08 Real Estate Market Trends: Price Escalation and New Home Construction
25:40 The Impact of Wage Laws on the Restaurant Industry
27:39 Inflation, Government Spending, and Economic Policies
44:13 The Historical Significance of Architecture in Chicago
This episode is sponsored by Mint Mobile.
$15 for your first 3 months. Visit site below:
trymintmobile.com/futuresedge
Produced by Haynow Media

May 20, 2024 • 1h
Bitcoin: A Better Store of Value than Gold with Natalie Brunell
Bitcoin's halving event, which occurs every four years, is bullish as it limits the supply of Bitcoin and increases its scarcity. Bitcoin has become harder than gold, making it the most scarce and hardest asset. Natalie Brunell, host of the Coin Stories podcast (@natbrunell), joins the Futures Edge show to discuss Bitcoin and its potential as a store of value. She explains to podcast hosts Jim Iuorio (@jimiuorio) and Bob Iaccino (@Bob_Iaccino) the concept of the halving and its bullish impact on Bitcoin's price. Natalie compares Bitcoin to gold, highlighting Bitcoin's scarcity and its potential to outperform gold as a store of value. She also discusses the institutional adoption of Bitcoin through ETFs and the potential for more companies to allocate Bitcoin to their balance sheets in the future. She emphasizes self-custody's empowerment and praises Bitcoin's decentralization and resistance to hacking and corruption. We explore the flaws of the current monetary system and the potential of Bitcoin to create a fairer and more transparent financial system. She discusses the importance of education and open-source development in the Bitcoin community.
Key Takeaways:
-Institutional adoption of Bitcoin through ETFs has legitimized Bitcoin and is driving demand, particularly from retail investors.
-Bitcoin is seen as a better store of value than gold due to its improved qualities and potential for higher returns.
-The institutional adoption of Bitcoin is expected to increase over the next six to twelve months, as more companies allocate Bitcoin to their balance sheets. Bitcoin's potential for widespread adoption is expected to increase with more time, education, and support from big companies.
-Self-custody of Bitcoin allows individuals to have control over their wealth and protects against confiscation, manipulation, and debasement.
-Bitcoin's functionality as a medium of exchange is facilitated by secondary layer protocols like the Lightning Network.
-Bitcoin's decentralization and resistance to hacking make it a secure and trustworthy asset.
-Privacy tools are needed to protect individuals' financial transactions and prevent surveillance by third parties.
-Bitcoin has the potential to create a fairer and more transparent financial system by eliminating intermediaries and corruption.
Chapters:
00:00 Introduction and Childhood Memories
07:16 The Bullish Nature of the Bitcoin Halving
15:00 Bitcoin vs. Gold: Comparing Store of Value
25:23 Institutional Adoption of Bitcoin through ETFs
26:30 The Need for Education and Understanding about Bitcoin
27:22 The Potential of Bitcoin as a Store of Value
28:00 The Importance of Self-Custody in Bitcoin
30:09 The Functionality of Bitcoin and the Use of Lightning Network
36:09 The Need for Privacy Tools in Bitcoin
43:25 The Decentralization of the Bitcoin Network
49:19 The Role of Education in Bitcoin Adoption
This episode is sponsored by Mint Mobile.
$15 for your first 3 months. Visit site below:
trymintmobile.com/futuresedge
Produced by Haynow Media

May 13, 2024 • 1h 1min
Technical Analysis with Mike Arnold
Podcast hosts Jim Iuorio (@jimiuorio) and Bob Iaccino (@Bob_Iaccino) are joined in their monthly technical analysis discussion with Michael Arnold (@mgarnold) of Path Trading Partners. In this conversation, the hosts discuss various topics including the state of Chicago, the potential for inflation, and trading opportunities in commodities. They touch on the increase in cocoa prices and its impact on businesses, the outlook for crude oil, and the long-term potential for gold. They also mention the importance of understanding the risks involved in futures trading and the need to diversify investments. They touch on the potential impact of the US government's profligate spending on the economy and the fiscal situation resembling that of Japan. They also analyze the S&P, NASDAQ, and Russell indices, looking for potential trading opportunities and discussing key levels to watch. Additionally, they discuss the technical analysis of Diamondback Energy and copper, considering potential pullbacks and entry points.
Takeaways:
-Chicago's current state and safety concerns are debated, with differing opinions on the severity of the situation.
-Cocoa prices have seen a significant increase, leading to higher costs for businesses that use chocolate.
-Crude oil is seen as a strong area of focus, with short-term weakness but long-term strength.
-Gold is viewed as a long-term investment, with potential for a pullback before a potential rebound.
-The stock market valuations are high, and the S&P risk premium is low, indicating potential overvaluation.
-Diamondback Energy and copper show potential for pullbacks and entry points for long-term investments.
Chapters:
00:00 Introduction and Discussion on Chicago
06:03 The Potential for Inflation and its Impact on Markets
08:09 The Increase in Cocoa Prices and its Impact on Businesses
27:25 The Long-Term Potential for Gold
32:00 The Risks of Futures Trading and the Importance of Diversification
32:29 The Impact of Government Spending
35:32 Analyzing the S&P, NASDAQ, and Russell Indices
46:30 Technical Analysis and Trading Opportunities
50:42 Long-Term Investments in Diamondback Energy and Copper
This episode is sponsored by Mint Mobile.
$15 for your first 3 months. Visit site below:
trymintmobile.com/futuresedge
Produced by Haynow Media

May 6, 2024 • 57min
Finding Meaningful Work and Service with Tom Morgan
Curiosity plays a crucial role in personal and professional development. Self-described curiosity sherpa Tom Morgan (@tomowenmorgan) is the author of the substack "What's Important?" and joins the Futures Edge to explore the idea that curiosity is an attractor and that following one's curiosity can lead to a more fulfilling life. Podcast hosts (@jimiuorio) and Bob Iaccino (@Bob_Iaccino) discuss their own experiences with curiosity and how it has shaped their interests and careers. They also discuss the balance between left-brain and right-brain thinking and the importance of openness and discernment. The conversation includes a discussion on wisdom, knowledge, and intuition, exploring the importance of intuition and experience in decision-making, the need for hemispheric balance, and the value of service and connection. They dive into the concept of complexity, the integration of differentiated parts, and the role of metaphors in understanding and communicating ideas. They also touch on the pitfalls of self-sacrifice and the importance of finding meaningful work that aligns with one's strengths and interests. The key takeaways include the need to attribute intelligence to external sources, the importance of accurate metaphors in understanding reality, and the value of pattern recognition and intuition in investing and decision-making.
Takeaways
-Curiosity is an attractor and following one's curiosity can lead to a more fulfilling life.
-There is a balance between left-brain and right-brain thinking, and both are important for personal and professional development.
-Openness and discernment are key in exploring new interests and ideas.
-Wisdom is not necessarily tied to age, but is developed through experience and intuition. Intuition and experience are crucial in decision-making, and the depth of one's database of knowledge and experience is essential in assessing the value of intuition.
-Hemispheric balance, with a focus on integrating the left and right hemispheres of the brain, is important for optimal decision-making and overall well-being.
-Finding meaningful work that aligns with one's strengths and interests is crucial for happiness and fulfillment.
-Accurate metaphors and the ability to attribute intelligence to external sources are valuable in understanding and communicating complex ideas.
-Pattern recognition and intuition play a significant role in investing and decision-making, and the ability to accurately interpret signals and triggers is essential.
Chapters:
00:00 Introduction and Personal Stories
03:14 The Role of Curiosity in Personal Development
10:18 The Power of Following Curiosity
21:29 The Balance Between Left-Brain and Right-Brain Thinking
25:19 The Influence of Psychedelics on Brain Hemispheres
26:27 Wisdom, Knowledge, and Intuition
26:35 Intuition and Experience in Decision-Making
33:15 Hemispheric Balance and Finding Meaningful Work
38:39 The Importance of Connection to the Environment
44:32 Meaningful Coincidences and Intuition
49:54 Attributing Intelligence and the Value of Metaphors
57:21 Pattern Recognition and Intuition in Investing
This episode is sponsored by Mint Mobile.
$15 for your first 3 months. Visit site below:
trymintmobile.com/futuresedge
Produced by Haynow Media

Apr 29, 2024 • 1h 8min
Red Meat Revolution: Embracing the Carnivore Diet for Health and Wellness with Dr. Shawn Baker
Meat matters. We’re in the midst of a red meat revolution. Dr. Shawn Baker (@SBakerMD) is a multi-sport world record setting athlete, physician, author of “The Carnivore Diet” and founder of REVERO, who joins the Futures Edge show this week to discuss the benefits of a meat-based diet and its impact on health and wellness. He explains to podcast hosts Jim Iuorio and Bob Iaccino that he eats two meals a day consisting mainly of red meat, with occasional seafood and dairy. He believes that humans are naturally inclined to eat fatty, grazing animals and that red meat provides the necessary energy and nutrients. He shares his journey from being an orthopedic surgeon to advocating for a nutrition-focused approach to healthcare. Dr. Baker emphasizes the importance of eliminating processed foods, sugar, and grains from the diet and highlights the positive effects of a carnivore diet on weight loss, joint pain, and overall well-being. He also addresses the concerns about chicken and explains why he doesn't consume it regularly. The conversation also touches on topics such as menopause and the effects of diet on women's health, triglyceride levels, the impact of processed foods and seed oils, and the role of vegetables in a healthy diet. He also addresses concerns about cholesterol, its relationship to heart disease, cancer, and additionally, the benefits of a carnivore diet for pets.
Takeaways:
-Eliminating processed foods, sugar, and grains from the diet can lead to weight loss and improved overall health.
-A carnivore diet can help alleviate joint pain and inflammation.
-Cholesterol may not be as significant a risk factor for heart disease as previously believed, especially when combined with a healthy lifestyle.
-A meat-based diet may have positive effects on cancer prevention and treatment.
-Feeding pets a raw meat diet can improve their overall health and well-being.
-Dr. Shawn Baker follows a carnivore diet, mainly consisting of red meat, with occasional seafood and dairy.
-He believes that humans are naturally inclined to eat fatty, grazing animals and that red meat provides the necessary energy and nutrients.
-He explains why he doesn't consume chicken regularly and emphasizes the importance of getting energy from fat.
Chapters:
00:00 Introduction and Overview
06:41 Eliminating Cravings and Changing Eating Habits
28:18 Improved Digestion and Bathroom Habits on a Carnivore Diet
35:02 Maintaining a Healthy Lifestyle and Aging Well
43:08 Addressing Concerns About Chicken
52:58 Understanding Triglyceride Levels
01:02:47 The Role of Vegetables in a Healthy Diet

Apr 22, 2024 • 52min
The Erosion of Economic Freedom with Michael Farris
Is the podcast space oversaturated? How challenging has it become to stand out? Michael Farris, host of Coffee and a Mike (@coffeeandamike), is a favorite show of Jim and Bob’s, in their weekly playlist. He joins the Futures Edge show to discuss his journey into podcasting, the challenges of booking guests, the saturation of the podcasting space, and the importance of staying relevant. They also touch on political issues such as the state of the Republican Party, the erosion of economic freedom, and the polarization of society. The conversation explores the impact of technology, the importance of physical fitness, and the difficulty of convincing others to change their beliefs. The abortion issue comes up and its political implications. They discuss the lack of will to fight among Republicans and the tactics used by the left. They also touch on the importance of local government and community involvement. The conversation shifts to the fast-paced news cycle and its impact on public attention. They express their concerns about the lawlessness in cities like Chicago and the decline of the media.
Takeaways:
Starting a podcast can be challenging, but reaching out to people and building relationships can lead to interesting guests.
The podcasting space may be saturated, but there is still room for unique voices and perspectives.
The Republican Party is criticized for its lack of action and willingness to fight for important issues.
The erosion of economic freedom, such as occupational licensing, can have a negative impact on individual liberties.
Society's addiction to technology and lack of physical fitness contribute to a lack of personal responsibility and resilience.
Changing someone's beliefs or convincing them to see a different perspective can be difficult, especially in a polarized society.
The abortion issue is a complex and divisive topic, and different approaches to addressing it can have political implications. Republicans lack the will to fight and are easily defeated by the left
Local government and community involvement are crucial in today's political climate
The fast-paced news cycle makes it difficult to keep up with important issues
Lawlessness in cities like Chicago is a growing concern
Chapters
00:00 Introduction and Podcasting Journey
06:08 The Saturation of the Podcasting Space
13:01 Lack of Optimism and Republican Party
22:17 Impact of Technology and Physical Fitness
27:22 Difficulty of Changing Beliefs
33:15 The Abortion Issue and Political Implications
37:38 The Impact of the Fast-Paced News Cycle
41:31 The Lawlessness in Cities like Chicago
46:56 The Decline of the Media
55:30 Gratitude for Listeners and the Importance of Support
This episode is sponsored by Mint Mobile.
$15 for your first 3 months. Visit site below:
trymintmobile.com/futuresedge
Produced by Haynow Media

Apr 15, 2024 • 47min
Gold as an Inflation Hedge: A Debate with Emma Muhleman CFA, CPA
Emma Muhleman CFA, CPA, (@EmmaCFA1) joins podcast hosts (@jimiuorio) and Bob Iaccino (@Bob_Iaccino) to discuss various topics including triathlons, the Japanese Ministry of Finance's intervention in the yen, Bitcoin in China, gold as an inflation hedge, and the economic situation in California. They also touch on the possibility of the Fed easing monetary policy and its potential impact on the stock market. The conversation covers various topics including the Federal Reserve, market predictions, concerns about the banking system, and investment strategies. They share views on interest rate cuts, market pricing, and the potential impact of commercial real estate on the banking system. They also explore the role of gold and Bitcoin as alternative investments, as well as the potential risks and benefits of each. The conversation concludes with a discussion on the importance of honest opinions in media.
Takeaways
The Japanese Ministry of Finance intervenes in the yen market to control its value, often in stealthy ways
Emma believes that the market's reaction to the Fed's monetary policy decisions is driven more by market pricing than actual evidence
There is a debate about the effectiveness of gold as an inflation hedge, with Bobby suggesting that gold may inflate along with other assets in an inflationary environment
California's economic policies and regulations are causing concerns among businesses and investors
The stock market may be influenced by the Fed's monetary policy decisions, and a failure to ease could lead to a significant market correction The speakers have different views on the Federal Reserve's interest rate cuts and market pricing.
There are concerns about the impact of commercial real estate on the banking system.
Gold and Bitcoin are discussed as alternative investments, with different perspectives on their advantages and disadvantages.
Honest opinions and unbiased media are important in today's media landscape.
Chapters:
00:00 Triathlons and Marathons
06:02 Market Pricing vs. Actual Evidence: The Fed's Monetary Policy
26:23 The Stock Market's Dependence on the Fed's Easing
32:34 Economy and Prices Reflating
39:54 The Importance of Honest Opinions in Media
This episode is sponsored by Mint Mobile.
$15 for your first 3 months. Visit site below:
trymintmobile.com/futuresedge
Produced by Haynow Media


