Jason Burack of Wall St for Main St interviewed returning guest, hedge fund portfolio manager at Crescat Capital https://www.crescat.net/, Tavi Costa.
During this 50+ minute interview Jason asks Tavi about the FAANG stocks and the general stock market indexes in terms of valuations.
Tavi's hedge fund is net short general stocks and long gold, silver an precious metal miners including juniors.
According to Tavi, gold miners are outperforming every other sector by a wide margin and free cash flow for the industry just doubled. No other industry can boast such improving fundamentals and a bull market during the last 6 months like gold miners can.
Tavi also thinks that gold, silver and precious metal miners will be going a lot higher as the Fed prints more, lets inflation run hot and tries to bailout US corporate bonds and the US consumer.
The only way Tavi doesn't see the rise in gold, silver and miners is if the Fed takes a long break from expanding its balance sheet.
Jason also asks Tavi about his profitable oil trade from 3-4 months ago, commercial real estate and his views on China.
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason's work at his blog website at www.jasonburack.com.