Jim Bianco and Why this Move in Yields is Not Restrictive Enough

In this week's long-form episode we connect with Jim Bianco of Bianco Research. Trevor and Jim met in Beaver Creek for MI2 Partner's Global Macro Summit.

Jim believe that, despite the volatile moves this week in the long end of the yield curve, yields remains softer than perceived. In fact, Jim think the move in yields are simply following the natural rate. This means a true restrictive policy means interest rates much higher than they are now.

We discuss the foundations of his thesis and why he believe the economy of now and the near future will be nothing like what we had in 2019, prior to Covid.

We'd like to thank our sponsors:

Western Copper and Gold is focused on developing the world-class Casino project in Canada's Yukon Territory. The Casino project consists of an impressive 11 billion pounds of copper and 21 million ounces of gold in an overall resource. Western Copper and Gold trades on the TSX and the NYSE American with WRN. Be sure to follow the company via their website, www.westerncopperandgold.com.

Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in Arizona, a tier 1 location. The Cactus Mine Project is located less than an hour's drive from the Phoenix International airport via highway i-10, and with grid power and the Union Pacific Rail line situated at the base of the Cactus Project main road. With permitted water access, a streamlined permitting framework and infrastructure already in place, ASCU's Cactus Mine Project is a lower risk copper development project in the infrastructure-rich heartland of Arizona.For more information, please visit ⁠www.arizonasonoran.com⁠.

Fireweed Metals is advancing 3 different projects within the Yukon and Northwest Territories, including the flagship Macmillan Pass Project, a large zinc-lead-silver deposit and the Mactung Project, one of the largest and highest-grade tungsten deposits in the world. Fireweed plans to advance these projects through exploration, resource definition, metallurgy, engineering, economic studies and collaboration with indigenous people on the path to production. For more information please visit ⁠fireweedmetals.com⁠.