'Highly Uncertain' Economy Ahead: How To Beat Volatility | Lobo Tiggre

Summary

Lobo Tiggre, editor of The Independent Speculator, speaks with David Lin at the Vancouver Resource Investment Conference about a highly uncertain 2025. He expects Trump policy to be inflationary due fiscal dominance and deficit spending, which supports commodities and monetary metals while creating elevated volatility. He prefers gold as insurance, likes copper, uranium, gold, and silver, and argues resource investors should pick the best companies rather than rely on broad miners ETFs. He also discusses crypto's speculative pull and the possibility of a U.S. Bitcoin Reserve.

• Lobo Tiggre says the 2025 macro and policy backdrop is highly uncertain and likely volatile.
• He expects fiscal dominance, deficits, and tax/spending policy to keep inflation elevated.
• Higher inflation is bullish for commodities and real assets, with copper and uranium explicitly favored.
• He is particularly bullish on monetary metals, gold and silver, due to potential stagflation.
• Gold is framed as hard-asset insurance and protection against counterparty risk, not a speculation.
• He prefers stock picking in resource equities over broad miners ETF exposure such as GDX.
• Crypto speculation and a possible U.S. Bitcoin Reserve are a policy-driven setup worth monitoring, though he questions crypto value.
• He acknowledges his prior recession call was wrong because deficit spending never stopped.