Jordi Visser: Why Oil & Rare Earths Will Decide the Next Global Economy

Watch on YouTube ↗  |  April 12, 2026 at 13:00  |  18:14  |  Milk Road Daily
Speakers
Jordi Visser — Macro Strategist / ex-CIO, Weiss Multi-Strategy Advisers
Kyle Reidhead — Head of Research, Milk Road

Summary

Jordi Visser outlines a major geopolitical and economic shift centered on the US-China competition for oil and rare earths, which are critical for AI supremacy. He argues that Bitcoin is positioned to decouple from traditional software assets and become the primary digital store of value, especially following a future liquidity crisis and government intervention. The discussion also covers the disruptive impact of AI on investment moats and the potential for an agentic economy.

  • US energy strength (oil) vs. China's rare earth dominance is a key geopolitical battle.
  • Bitcoin is viewed as the ultimate digital store of value with high future return potential.
  • Software and Mag 7 stocks are considered 'dead assets' unlikely to provide future growth.
  • VIX is recommended as a tactical hedge amid market repricing.
  • AI is a disruptive force that undermines moats for most businesses and assets.
  • The agentic economy could expand to trillions of AI-driven consumers.
  • Altcoins and most crypto innovations are seen as vulnerable due to lack of durable moats.
  • A future liquidity crisis and government rescue could trigger a major Bitcoin rally.
Trade Ideas
Jordi Visser Macro Strategist / ex-CIO, Weiss Multi-Strategy Advisers 1:28
China's rare earth dominance is a key strength.
China has a stranglehold on rare earths and solar power, which gives it significant leverage in the global economy. This control over critical inputs became a game-changer in trade relations, and it represents a key strength for China in the fight for AI and economic supremacy.
REMX MED
Jordi Visser Macro Strategist / ex-CIO, Weiss Multi-Strategy Advisers 1:45
US energy strength provides geopolitical leverage.
The US has a strategic strength in energy, specifically oil, which gives it leverage in geopolitical negotiations with China, especially as the price of oil in Asia is significantly higher than WTI crude. This energy strength is a key part of the competition for AI supremacy and economic dominance.
WTI MED
Jordi Visser Macro Strategist / ex-CIO, Weiss Multi-Strategy Advisers 5:31
Bitcoin will decouple and outperform after crisis.
Bitcoin is the chosen store of value inside the digital economy, with a great Sharpe ratio. It will be the asset of choice for returns when traditional growth assets like software and the Mag 7 fail, and it will decouple and rally the hardest after a liquidity crisis and subsequent government rescue, especially as stablecoin volumes and market cap explode, providing new infrastructure.
BTC HIGH
Jordi Visser Macro Strategist / ex-CIO, Weiss Multi-Strategy Advisers 7:18
Software and Mag 7 are dead assets.
Software and the Mag 7 are a dead asset class that will not provide future growth returns. As AI disrupts everything and growth needs shift, these assets will not bounce back, making room for other assets like Bitcoin to outperform.
IGV HIGH
Jordi Visser Macro Strategist / ex-CIO, Weiss Multi-Strategy Advisers 11:58
AI destroys all but the strongest moats.
AI is a disruptive force that will destroy any business or asset that cannot build a sustainable moat. The only reliable moats are religion, gold, and Bitcoin, making other innovations and narratives, including most altcoins and software companies, unreliable long-term investments.
ALTCOINS MED
Jordi Visser Macro Strategist / ex-CIO, Weiss Multi-Strategy Advisers 16:18
Long VIX as a hedge until 30.
Long VIX as a hedge against long positions until the VIX gets up to 30 on some of the later contracts, as the market is in a repricing phase with expected volatility.
VIX MED
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This Milk Road Daily video, published April 12, 2026, features Jordi Visser discussing REMX, WTI, BTC, IGV, ALTCOINS, VIX. 6 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Jordi Visser  · Tickers: REMX, WTI, BTC, IGV, ALTCOINS, VIX