Louis-Vincent Gave & Harris “Kuppy” Kupperman on De-Dollarization & De-Sinafication

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Today’s returning guests are Gavekal co-founder Louis-Vincent Gave and Praetorian Capital Management founder, Harris “Kuppy” Kupperman.
In today’s episode, we start by covering the macro landscape and then dive in on some key themes Louis and Kuppy are focused on. We talk about emerging markets, the energy transition’s impact on commodities like oil and uranium, and stealth bull markets in places like Japan and India. We also touch on the Mag7, Argentina, Turkey, and even aviation sub-assembly - a first for the podcast.
To see links or read the transcript of the episode, visit us at:
mebfaber.com/2023/12/06/louis...
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[@peterchung7151]

Excellent - best 2 investment guests you can listen to👍🧡🇨🇦

[@filippomrn]

Thank you so much for this interview.

[@professorwang]

Pure gold. By that I mean both extremely valuable, and extremely undervalued.

[@Jako8557]

great show, great guests, thank you ✅✅

[@wayneatwell7039]

Kuppy, I did the Argentina trade based on your recommendation and I ended up making almost 20%. Sorry to hear you got out too early

[@trader8CTA]

Fabulous presentations, thx!

[@sophiezhu7738]

Costco also sells gold bullions at their physical shops. You can buy 2 every time for multiple times. But the bullions are available now and then, not consistently.

[@BatmanBoss]

Great show

[@joelfaulk]

Would like to know what these guys think about tankers? supply/demand is incredible

[@MacroTouristTrap]

“I’m 130 Long but bearish” Has got to be the greatest lines about these markets I’ve heard this year brilliant !

[@sewnsew6770]

Some really great analysis here

[@derrickwells333]

Kup skillfully side-steps the oil price/demand question. He wanted to focus on boeing and airbus. No de-globalization, and no energy transition either. Agreed, but contrary to popular belief.

[@christophercavalier8268]

Always something to learn when you listen to Kuppy and Gave.

[@peternoisy9766]

Tks much gents

[@chrispugh1348]

Kuppy is the man!

[@togoni]

😄😄

[@gregj34]

It's funny but not amusing! Classic! 🤣

[@vijjreddy]

IN THE END US EMPIRE WILL DIE NOT BECAUSE OF DEFEATS IN WARS, LOSSES IN WARS, DEBT LEVEL, INTEREST PAYMENT BURDENS - BUT BECAUSE OF DEMOGRAPHICS. THIS ECONOMY IS STRUCTURED TO MAKE HAVING CHILDREN AN EXPENSIVE PROPOSITION... COST OF RAISING CHILDREN, PAY FOR CHILD CAR IN CASE MOTHER MUST HAVE A JOB TO MEET LIVING EXPENSES, OTHER COSTS OF CHILDREN LIKE COST OF SCHOOLING... WITH BOTH IMMIGRATION AND ILLEGAL IMMIGRATION GOING IN HUGE NUMBERS - IT WILL NOT BE THE SAME USA LIKE IT WAS SAY IN EISENHOWER DAYS.

[@edwardkierklo9757]

China was a well-honed story and the "emerging markets" theme was really only China. Not investible for the retail investor but emblematic of how "story" carries the day.

[@christiansmith-of7dt]

Life hurts all the time ,

[@UngananenWS]

Best food in the world is in Spain, sorry…

[@BitsOfInterest]

Maybe it's confirmation bias, but all I hear every topic is "International", "Small Cap Value", "International Small Cap Value" 😂

[@adriansaw8329]

Louis is wrong abt PRC bc the demography is really bad. The country will halve. How much is the margin house worth when you have excess supply and no one to occupy

[@willlee7147]

He's also wrong on the unemployment rate - it is much higher than official figures.

[@ggttuuxx]

You are drinking the US Politicians' kool aid. How long does demographics change? Decades. And by the time China's population halves, it will have reached a good proportion of people to land. And before that, the selfish US Politicians will have long destroyed their own country with their many lies. The rot is from within. And why do you think China had a painful One Child Policy? It is to lower the population. Only stupid countries try to import un-educated people to "prop up the GDP"; that is pure stupidity promoted by the Western Media.

[@mengelmoesNL]

@@ggttuuxx lol.

[@bryanmorrow3146]

Right on!

[@tkam9]

If China population halved you still have over 800 million Chinese. That’s plenty much if you asked me. Imagine China per capital income would be triple from $20k to $60k per person. That would make China the richest country in the world.