Stansberry Investor Hour

Could the next great investing opportunity have nothing to do with AI software... And everything to do with the raw materials that make AI possible? According to macro strategist Craig Tindale, the global economy is entering a historic transition—one that could reshape supply chains, commodity markets, manufacturing, and even national security for decades to come. In this week's Stansberry Investor Hour, Dan Ferris sits down with Craig Tindale to discuss one of the most thought-provoking investment theses you'll hear this year: what Craig calls "The Hard Bifurcation." While many investors remain focused on software, cloud computing, and financial assets... Craig argues that the real opportunity may lie in rebuilding the physical economy. As globalization begins to unwind, countries are being forced to relearn how to manufacture critical materials, secure supply chains, and rebuild industrial capacity that has been outsourced for decades. Craig explains: • What "The Hard Bifurcation" means for the global economy • Why financial assets may no longer be the biggest winners • How decades of outsourcing created dangerous supply-chain vulnerabilities • And why commodities, refining, and industrial infrastructure could become some of the decade's biggest investment opportunities The conversation begins with a simple but profound question: What happens when the world forgets how to make things? Craig argues that Western economies became too dependent on China for critical minerals, manufacturing, and refining—and rebuilding those capabilities won't happen overnight. He also discusses: • Why rare earth metals have become geopolitical weapons • How China's refining dominance gives it enormous strategic leverage • Why AI data centers require far more copper, silver, and energy than most investors realize • How environmental regulations accelerated deindustrialization in the West • Why rebuilding manufacturing capacity could take a decade or longer • The historical lessons from World War II industrial mobilization • Why investors may need to rethink traditional portfolio strategies • And why resilience—both economically and personally—may become increasingly important Perhaps the biggest takeaway from this episode is this: The future may not belong to the companies building the next app... It may belong to the companies mining the metals, refining the materials, generating the electricity, and building the infrastructure that powers the modern economy. If Craig is right, one of the biggest investment trends of the next decade has only just begun. CAN'T WATCH THE FULL EPISODE? START HERE: 0:00 – Why the World Is Entering a "Hard Bifurcation" 1:25 – How the West Lost Its Manufacturing Base 7:30 – Why China Controls Critical Supply Chains 17:00 – The Geopolitical Battle Over Rare Earths 22:15 – Can the U.S. Rebuild Industrial Capacity? 27:00 – Why Silver, Copper & Critical Minerals Matter 33:30 – The Hidden Cost of Deindustrialization 41:15 – AI's Massive Infrastructure Demands 46:00 – Investing in the New Industrial Era 51:45 – Craig's Final Advice: Build Resilience

🔔 Get an Instant Edge Over Wall Street Stay ahead with timely market insights and analysis. 👉 Learn more: https://stansberrydigest.com/ Could the biggest risk to the stock market have nothing to do with tariffs, wars, or even the Federal Reserve? According to geopolitical strategist Marko Papic, the real threat may be something investors aren't paying enough attention to: A fundamental shift in the global economic order. In this week's Stansberry Investor Hour, Dan Ferris sits down with BCA Research's Chief Strategist Marko Papic for a fascinating discussion about geopolitics, AI, inflation, energy markets, and why today's investment landscape may be approaching a major turning point. While markets remain focused on AI optimism and hopes for lower interest rates, Marco argues that investors may be missing a much bigger story. The world is moving away from decades of globalization... And that transition could reshape everything—from inflation and commodity prices to AI infrastructure, supply chains, and global markets. Marko explains: • Why the end of globalization could fuel years of higher inflation • Why the AI infrastructure boom may be creating its own economic headwinds • How geopolitical tensions are changing the world's supply chains • And why the next great investment opportunity may lie in physical infrastructure—not software The discussion begins with one of Marko's most provocative ideas: The recent conflict in the Middle East may not be the biggest risk investors should worry about. Instead, Marko believes the real question is: What happens after the geopolitical headlines fade? He explains: • Why oil prices may remain elevated even after tensions ease • Why rebuilding strategic petroleum reserves could keep energy demand strong • How AI spending is driving inflation through massive infrastructure investment • And why investors shouldn't assume the Federal Reserve will be cutting rates anytime soon But the conversation doesn't stop there. Dan and Marko also explore the future of AI spending, the coming wave of IPOs, why commodities could outperform technology over the next several years, and how a multipolar world is forcing countries to rebuild decades of physical infrastructure. The discussion covers: • Why AI capital spending may be approaching an important inflection point • How slowing AI investment growth could affect the stock market • Why copper, steel, and industrial metals could benefit from a new global investment cycle • The investment implications of a multipolar world • Why infrastructure—not software—may become the dominant investment theme • How supply chain restructuring is creating long-term demand for physical assets • Why higher interest rates may persist longer than investors expect • The risks posed by massive upcoming AI-related IPOs • And why the market could face meaningful headwinds in 2027 Perhaps the biggest takeaway from the episode is this: The next decade may be defined less by technological innovation... And more by the enormous amount of physical infrastructure the world must build to support it. Whether it's AI data centers, energy systems, pipelines, power grids, or global supply chains, Marco believes investors should be paying close attention to the companies providing the raw materials and infrastructure that make the new world economy possible. CAN'T WATCH THE FULL EPISODE? START HERE: 0:00 – Why Geopolitics Still Matters for Investors 2:40 – Is the AI Boom Starting to Slow? 7:15 – Why Inflation Could Stay Higher for Longer 13:00 – The Real Endgame in the Middle East 22:45 – Why Oil Prices May Stay Elevated 28:30 – The End of Globalization & A New Investment Cycle 33:30 – Hardware vs. Software: The Next Big Trend 41:40 – The Coming Wave of AI IPOs 47:15 – Why AI CapEx Could Become a Headwind 54:15 – Marko's Final Message for Investors

🔔 Get an Instant Edge Over Wall Street Stay ahead with timely market insights and analysis. 👉 Learn more: https://stansberrydigest.com/ Is the world entering its most dangerous geopolitical and economic transition in decades? According to geopolitical strategist Peter Zeihan, the answer is yes. In this week's Stansberry Investor Hour, Dan Ferris sits down with bestselling author and geopolitical expert Peter Zeihan for a wide-ranging discussion on the wars, demographic shifts, energy shortages, and political upheaval that could reshape the global economy over the next decade. While many investors remain focused on interest rates and stock prices, Peter argues that the real story lies elsewhere. Globalization is breaking down. And the consequences could affect everything—from oil prices and supply chains to China's economy, America's industrial future, and the balance of global power. Peter explains: • Why the Middle East conflict could create a much larger energy crisis than markets expect • Why oil production can't simply be turned back on overnight • How drones are permanently changing modern warfare • Why Europe is rapidly preparing for a new security reality • And why investors should pay close attention to geopolitical risks—not just economic data The conversation begins with one of Peter's biggest concerns today: The world may be underestimating just how fragile the global energy system has become. Peter explains: • Why the Strait of Hormuz remains one of the world's biggest economic chokepoints • How refinery shutdowns and diesel shortages could impact global markets • Why energy infrastructure is becoming increasingly vulnerable • And why the next supply shock may look very different from previous oil crises But the discussion doesn't stop there. Dan and Peter also explore China's demographic crisis, the future of manufacturing, America's political transition, AI-powered warfare, Europe's changing defense strategy, and which countries may emerge stronger over the next decade. The discussion covers: • Why Peter believes China's population may be far smaller than official estimates • The demographic challenges facing the world's largest economies • How AI and autonomous drones are changing the future of warfare • Why Ukraine has become the world's testing ground for military innovation • The long-term outlook for globalization and international trade • Which countries Peter believes are best positioned for the future • Why industrial investment has slowed despite growing global uncertainty • The challenges facing U.S. manufacturing and infrastructure • How geopolitical instability could affect investors for years to come • And why the next decade may look nothing like the last Perhaps the biggest takeaway from the episode is this: The biggest investment risks may no longer come from the markets themselves. Instead, Peter argues that demographics, geopolitics, energy security, and global supply chains are becoming the forces that will shape economies—and investment opportunities—for decades to come. Whether or not all of Peter's predictions play out, understanding these structural shifts could help investors better prepare for an increasingly uncertain world. CAN'T WATCH THE FULL EPISODE? START HERE: 0:00 – Why Geopolitics Matters More Than Ever 1:20 – The Iran Conflict & Global Oil Markets 11:00 – How Drones Are Changing Warfare Forever 22:45 – Is Ukraine Winning the Technology Race? 23:10 – Is China Really Collapsing? 34:10 – Why Birth Rates Matter for Investors 35:25 – Can Africa Become the Next Economic Power? 39:15 – Which Countries Will Thrive Over the Next Decade? 41:45 – Why U.S. Manufacturing Has Stalled 46:00 – The Coming Diesel & Energy Crunch 49:00 – Peter's Final Message for Investors

📈 Watch Dan's New Presentation on Trump's July 4 Announcement Discover why Dan believes July 4 could mark one of the biggest shifts in U.S. monetary history—and what it could mean for your investments. here: https://www.DanMessage.com/ 🔔 Get an Instant Edge Over Wall Street Stay ahead with timely market insights and analysis. 👉 Learn more: https://stansberrydigest.com/ Could President Trump be preparing to make one of the biggest monetary announcements in modern U.S. history? According to precious metals expert Andy Schectman, the answer may be yes. In this week's Stansberry Investor Hour, Dan Ferris sits down with Andy Schectman, CEO of Miles Franklin Precious Metals, for a fascinating conversation about the physical gold market, the future of the U.S. dollar, and why Andy believes July 4, 2026, could become a historic turning point for America's financial system. While most investors are focused on falling gold and silver prices, Andy argues they're watching the wrong signal. Behind the scenes, central banks, institutional investors, and sophisticated traders continue taking physical delivery of gold and silver at record levels—a trend he believes tells a far more important story than short-term price movements. Andy argues that the biggest story in finance isn't the price of gold... It's who keeps buying it. Andy explains: • Why record physical gold deliveries are happening despite falling prices • The massive difference between paper gold and physical gold ownership • Why central banks continue accumulating gold at an unprecedented pace • How China is quietly reshaping the global monetary system • And why the mainstream media may be overlooking one of the biggest financial stories in decades The conversation begins with one of Andy's boldest predictions yet: President Trump could announce a gold-linked Treasury initiative on July 4. Andy explains: • Why he believes gold-backed Treasury bonds could become reality • How a weaker dollar could help revive American manufacturing • The role stablecoins may play in creating new demand for U.S. Treasuries • And why gold could become increasingly integrated into the global financial system But the discussion doesn't stop there. Dan and Andy also explore inflation, central bank policy, Bitcoin, AI, the future of manufacturing, and why investors should rethink what it really means to preserve wealth. The discussion covers: • Why physical gold demand remains historically strong • Record gold and silver deliveries through the COMEX • China's accelerating accumulation of precious metals • How ETF flows can mask what's happening in the physical market • Why central banks continue repatriating their gold reserves • The long-term outlook for the U.S. dollar • How AI could reshape manufacturing and the labor market • The similarities—and differences—between Bitcoin and gold • Why Andy believes investors should own real assets instead of cash • And what could happen if America moves toward a new monetary framework Perhaps the biggest takeaway from the episode is this: Price isn't always reality. While headlines focus on short-term volatility, Andy believes the world's largest and most sophisticated investors are positioning for a very different future—one where gold once again plays a central role in the global financial system. Whether or not his July 4 prediction comes true, Andy argues that investors who understand what's happening beneath the surface may be better prepared for the next chapter of the global economy. CAN'T WATCH THE FULL EPISODE? START HERE: 0:00 – Why July 4 Could Change Everything 0:55 – Is It Time to Buy the Gold Dip? 2:20 – Record Physical Gold Deliveries Explained 9:25 – Why Gold Prices May Be Misleading 17:05 – Why Central Banks Keep Buying Gold 23:55 – Gold vs. Inflation & Preserving Wealth 27:35 – Gold vs. Bitcoin 31:40 – Trump's Manufacturing Plan 34:10 – The End of Dollar Dominance? 36:55 – Stablecoins, Treasuries & Gold 40:05 – Could Gold-Backed Treasury Bonds Be Coming? 46:00 – Dan's Thoughts on AI & the Economy 49:05 – Andy's Final Advice for Investors

📈 Watch Dan’s Complete MAG 7 Presentation Get the full breakdown of the market’s most influential stocks. 👉 Watch now: https://backdoorprofits2026.com/ 🔔 Get an Instant Edge Over Wall Street Stay ahead with timely market insights and analysis. 👉 Learn more: https://stansberrydigest.com/ 📊 Follow Top Stocks with Matt Weinschenk Market analysis, stock ideas, and investing insights delivered regularly. 👉 Subscribe: https://youtube.com/@topstocksofficial?si=IcIwbXluE6tJo8OR Could one of the biggest investment opportunities of the next decade be hiding in the most overlooked corner of the economy? According to Top Stocks editor Matt Weinschenk, the answer may be yes. In this special crossover episode of the Stansberry Investor Hour and Top Stocks, Dan Ferris sits down with Matt Weinschenk for a wide-ranging discussion on a growing diesel fuel crisis, the energy demands of artificial intelligence, and why the next generation of market winners may look nothing like today's Magnificent Seven. As AI data centers continue to spread across the country, Matt argues that investors are focusing on the wrong side of the story. While Wall Street obsesses over software, chips, and AI models, the real bottleneck may be the physical infrastructure required to keep the entire system running. Matt explains why diesel fuel, refining capacity, and energy infrastructure could become some of the most important investment themes of the coming years. Matt argues that we're entering an era where the "world of bits" is colliding with the "world of atoms": • Why AI's biggest challenge may be energy—not technology • How shrinking refining capacity is creating supply risks for diesel fuel • The surprising connection between data centers and diesel demand • Why diesel inventories have fallen to historically low levels • And how geopolitical events could further tighten already strained energy markets The conversation begins with one of Matt's most important observations: The AI boom isn't just a digital story—it's a physical one. Matt explains: • Why more than 90% of data centers rely on diesel backup generators • How a major power outage could trigger a sudden surge in diesel demand • Why years of refinery closures have created a supply-side problem • And why investors may be underestimating the importance of physical infrastructure But the discussion doesn't stop there. Dan and Matt also dive into energy markets, commodity investing, capital allocation, and the investment opportunities emerging from AI's growing appetite for electricity and raw materials. The discussion covers: • Why diesel inventories are approaching critically low levels • The impact of refinery closures across the United States • How disruptions in the Strait of Hormuz could affect global energy markets • Why ExxonMobil remains one of the best-run companies in the energy sector • The investment case for refiners like Marathon Petroleum and Valero • How data centers are creating a new source of long-term energy demand • Why commodity businesses with disciplined management deserve more attention • The concept behind Matt's "New Magnificent Seven" • Why copper, uranium, energy, and industrial infrastructure could become major winners • And how the physical economy may benefit from trends investors currently view as purely digital Perhaps the biggest takeaway from the episode is this: The next great investment opportunities may come from the businesses that make technological progress possible. AI may dominate the headlines. But behind every data center, every semiconductor, and every breakthrough model is a vast network of physical assets, energy systems, and industrial infrastructure. Matt believes investors who understand that connection may be positioned for some of the biggest opportunities of the next decade. CAN'T WATCH THE FULL EPISODE? START HERE: 0:00 – Intro & Special Crossover Episode 2:00 – Why Matt Started Researching AI 4:30 – The Energy Bottleneck Behind Artificial Intelligence 7:00 – Diesel Demand, Data Centers & Refining Capacity 10:00 – The Impact of Middle East Energy Disruptions 13:00 – Why Diesel Inventories Are So Low 16:00 – Can America Build New Refineries? 20:00 – Why Diesel Powers the Economy 23:00 – Energy Markets, Commodities & Inflation 26:00 – How Investors Can Profit From the Diesel Shortage 28:00 – Marathon Petroleum, Valero & ExxonMobil 30:00 – The New Magnificent Seven 33:00 – The Future of the "Atoms Economy" 34:00 – Final Thoughts

🔔 Gain an instant edge over Wall Street: https://stansberrydigest.com/ Is the stock market heading toward one of the biggest bear markets in history? According to longtime market commentator and Cornell chemistry professor Dave Collum, the answer may be yes. In this week's Stansberry Investor Hour, Dan Ferris sits down with Dave Collum for a wide-ranging discussion on what Dave believes is the most dangerous financial environment of his lifetime. From record stock valuations and passive investing distortions to private equity, AI bubbles, and looming mega-IPOs, Dave explains why he believes today's market is more extreme than the dot-com era—and why investors may be underestimating the risks ahead. Dave argues that we're living through what he calls a "complacency bubble": • Why today's market may be even more dangerous than 2000 • How passive investing has altered price discovery • The hidden risks inside private equity and private credit • Why trillions of dollars in upcoming IPOs could create major market distortions • And why investors shouldn't assume the Federal Reserve can save markets forever The conversation begins with one of Dave's boldest claims: This is not an "everything bubble"—it's a complacency bubble. Dave explains: • Why nearly everyone knows markets are overvalued—and buys anyway • How passive fund flows may be masking serious structural problems • Why short sellers and institutional oversight have largely disappeared • And why extreme valuations could lead to a prolonged period of disappointing returns But the discussion doesn't stop there. Dave also dives into energy markets, precious metals, retirement planning, inflation, and the lessons investors can learn from history. The discussion covers: • Why Dave believes private equity investors are searching for the exits • The Japanese carry trade and its potential impact on global markets • Buffett's growing cash pile and what it may signal • Why gold and platinum remain attractive long-term investments • The risks surrounding SpaceX, OpenAI, Anthropic, and other mega-IPOs • How government policy and Federal Reserve actions have shaped today's market • The growing influence of private equity across industries—from veterinary clinics to auto dealerships • And why market history suggests investors should prepare for outcomes few are considering Perhaps the biggest takeaway from the episode is this: The most valuable investment insights often come from outside investing. Dave argues that investors should spend more time reading history, science, psychology, and other disciplines—not just financial news and market commentary. Because understanding how the world works may ultimately be more important than understanding the next earnings report. CAN'T WATCH THE FULL EPISODE? START HERE: 0:00 – Intro 1:03 – Is This the Biggest Bubble Ever? 4:00 – The Complacency Bubble Explained 6:00 – Private Equity, Passive Investing & Market Risks 9:00 – Why Price Discovery Is Breaking Down 13:00 – The Japanese Carry Trade Debate 17:00 – Energy Markets & Geopolitical Risk 19:30 – SpaceX, OpenAI & The Coming IPO Wave 24:00 – Buffett's Cash Hoard 25:00 – Why Career Risk Distorts Investing 30:00 – The Fed, Inflation & Interest Rates 38:00 – Could We Face a Multi-Decade Bear Market? 42:00 – Gold, Platinum & Energy Investments 55:00 – Why Dave Thinks Markets Could Stay Difficult for Years 1:05:00 – Dave's Most Important Advice for Investors 1:08:00 – Final Thoughts