Out-Of-Africa Special with Francis Hunt - Record Private Debt is Crushing the Productive Economy
In this special edition of Palisades Tom details his recent visit to Africa where he met up with Francis Hunt of "The Market Sniper" for a motorbike adventure across three countries.
Francis, who was born in South Africa and has lived in the UK for 20 years, shares his insights on the history of diamond and gold industries in the region.
*Palisade Radio Links:*
► Website & Newsletter: https://palisadesradio.ca
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► Odysee: https://odysee.com/@PalisadesGoldRadio:c
They also discuss the role of Cecil John Rhodes, a well-renowned national hero of South Africa who was funded by powerful financiers and used this power to establish a monopoly on the diamond and commodities industry in the region. They also touch upon the historical context of how the British empire had a continual need due to their nursery banking lending system and the coming of an American era.
The interviewee's experience in Zimbabwe highlights a struggling infrastructure and the effects of devaluation on the population. They discuss the rapid devaluation of the Zimbabwean currency
The lack of maintenance and investment is derelicting the organization and infrastructure in many African nations. The two then explore the economy of Zimbabwe where others said infrastructure had been broken and stolen. The country's inflation created a notorious bank note of $100 trillion symbolizing its depreciated currency and the challenges faced by the people due to this.
They discuss the controversal interplay between gold, long-term US treasury rates, and national debts. Francis discusses and the potential for a demand-destroying event in the future.
They also discuss the importance of taking a break from the markets and appreciating the beauty of nature.
Although the trip may not have been comfortable, they discuss the importance of being prepared and self-reliant in any crisis.
Time Stamp References:
0:00 - Introduction
2:36 - Francis's Background
4:30 - Cecil Rhodes Impact
12:10 - Derivative Beginnings
15:50 - African Contrasts
19:14 - Infrastructure Failings
26:05 - Levies & Fiat Trillions
33:45 - Dollar & Bond Yields
42:13 - Private Debt Hoarders
50:50 - Yields & Inflation
56:45 - Japan & Rate Peg
59:50 - Bitcoin & Malfeasance
1:05:30 - Commodities & Ratios
1:08:12 - Africa Trip Details
Talking Points From This Episode
- Tom and Francis traveled 1,200 miles through South Africa, Botswana, and Zimbabwe to record an special edition of Palisades Gold Radio.
- They discussed Cecil John Rhodes and his role in bringing Southern Africa under the City of London cartels.
- They highlighted the current low interest rate environment and how it is driving people up the risk curve to find yield.
Guest Links
Twitter: https://twitter.com/themarketsniper
Website: https://themarketsniper.com/
YouTube: https://www.youtube.com/user/TheMarketSniper
Francis is a trader, first and foremost. Unlike most educators in the trading space, Francis walks the walk and talks the talk, with 30 years of experience trading his personal capital on various markets and instruments. Through this passion for trading and his relentless study of markets and economic theory, he uses the Hunt Volatility Funnel trading methodology, a systemized approach, to answer the critical question: What is the next most profitable trade?
He believes the actual price of an asset is the most accurate reflection of all the factors that influence it. Practical technical analysis, the study of price action over time, is needed to formulate profitable trade ideas. Indeed, with all the market manipulation and high-frequency trading operations currently in play, technical analysis is all that can be relied upon when it comes to formulating future price trends. A trained eye can often spot such manipulative practices, as is the case with HVF traders. Therefore, the HVF methodology is based purely on technical analysis.
Francis is passionate about sharing his knowledge and understanding of markets by utilizing his HVF trading methodology. With entertaining anecdotes and the careful guidance of his students, he has already trained a large community of hundreds of traders and helped them transform from complete newbies to seasoned trading professionals.
He genuinely loves sharing his knowledge and strategies with others who are committed to finding freedom through trading. Plus, teaching strengthens his trading abilities while helping to build a vibrant community of successful traders.
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