Paul Schulte – Think Piece

Featuring Paul Schulte

Paul Schulte, Founder and Editor of Schulte Research, takes an in-depth look at the commodity supercycle in this week’s Think Piece and examines the inevitable debt deflation that follows in its downturn, explains how an election year in the US could result in market collateral damage, and how looking deflation would effect Asian assets in China and Hong Kong.

Published on
22 February, 2016
Topic
Structural flows, Credit Market, Financial System
Duration
34 minutes
Asset class
Commodities, Equities, Bonds/Rates/Credit
Rating
10

Comments

  • RM

    Richard M.

    7 8 2017 14:29

    0       0

    Miltie, just watched this again for the second time. Such a brilliant interview. Can I put in a request to have him back on for an update on his world views? many thanks.

  • rm

    russell m.

    4 8 2016 04:25

    1       0

    Excellent. Recommend guest invited for annual update.

  • AG

    Alexander G.

    14 3 2016 13:12

    0       0

    Boy am I happy I clicked on this interview. Thanks so much for having him!

  • DS

    Dan S.

    2 3 2016 22:01

    1       0

    Regarding Cancer, read "Cancer As a Metabolic Disease". Especially if you or someone you know is fighting it.

  • LC

    Liliana C.

    1 3 2016 06:33

    0       0

    Agree with DB on Goldman. Disagree on taking personal shots at speaker. Thank you for having him and making us all stretch our minds and observe our own thinking.

  • KC

    Klendathu C.

    28 2 2016 01:23

    0       0

    Perhaps the reason companies aren't writing off assets is because they simply can't afford to.

  • BS

    Brian S.

    27 2 2016 17:00

    2       0

    This interview was worth the price of subscription by itself! Hope you have him back again real soon. Thanks to Paul and to Real Vision.

  • sh

    simon h.

    27 2 2016 07:02

    0       0

    Have to continue!
    finance deals that were done much of which was to hide corporate negative cash flows in China.
    However watch out for a huge surprise to bail out the system

  • sh

    simon h.

    27 2 2016 07:00

    0       0

    Brilliant analysis of the global commodity market - right up to my views. Yet I think he underplays the extent of the surplus inventories of many that acted as the collateral for the massive trade fi

  • KP

    Kurt P.

    27 2 2016 01:06

    0       0

    Another great interview. Enjoyed the commodity Super Cycle connect the dots snippets. Aside from the Euro Banks mentioned, which U. S. Banks have the greatest commodity exposure? Short the XME

  • TF

    Tom F.

    25 2 2016 20:40

    0       0

    One of my top 3 interviews on here some great stuff to get actionable (short) ideas out of!

  • FL

    Flavia L.

    25 2 2016 19:18

    1       0

    Love his take and comments on Hong Kong.

  • PF

    Patrick F.

    24 2 2016 20:15

    0       0

    2. In addition to what was discussed here they also have serious currency swap exposure that will eventually have a significant impact on reserves.

  • PF

    Patrick F.

    24 2 2016 20:15

    1       0

    1. Great commentary on Brazil, they are lying about their reserves. These are the same people who brought you "Balance sheets by Petrobras".

  • LM

    Leland M.

    24 2 2016 15:44

    1       0

    Great interview. I would love to hear from him again and get some ideas of how he plans to invest. How to short HK real estate? If more moves to negative interest rates is gold the new cash?

  • A

    Aaron .

    24 2 2016 03:22

    1       0

    Well...that was amazing. Another instant classic.

  • PW

    Phil W.

    23 2 2016 19:28

    0       0

    Very Scary!

  • TA

    Tommaso A.

    23 2 2016 18:07

    0       1

    they have debts to pay , they will continue to pump and produce as much as they can ,

    great interview !!

  • SS

    Sam S.

    23 2 2016 17:54

    2       0

    HOLY CRAP! The Truth Does Hurt. Love this guy. Can I have some more please?

  • TT

    Trow T.

    23 2 2016 13:55

    1       2

    sounds like shorting commodities is a no-brainer; individual companies or use ETFs?

  • Rd

    Rheece d.

    23 2 2016 13:22

    2       0

    Lets hope it's a trillion dollar infrastructure program in the US rather than a war as the solution mentioned. Hillary, Bernie or a Neocon certainly wouldn't be a good choice ;)

  • ZY

    ZHENG Y.

    23 2 2016 12:10

    1       0

    i heard he said several time "singapore", which i wish to had more info on that. since i stay in sg.

  • jm

    jim m.

    23 2 2016 07:08

    5       0

    This Hong Kong based gentleman has tied the major global macro issues together very well. This commodity deflation credit bubble is an enduring problem and impacts credit, asset prices, etc.etc etc...

  • DC

    Dale C.

    22 2 2016 20:57

    0       1

    When you take the recent content in context it is obvious that something evil is coming our way. I RVTV going to be able to tell us when it is going to arrive or must we be shocked.

  • db

    don b.

    22 2 2016 20:57

    5       9

    1st of all the US is not recovering and Goldman didn't write off s___ they along with their brethren were bailed out & the Federal Reserve bought all their junk. Doubt if you were ever that handsome.

  • GS

    Gunnar S.

    22 2 2016 19:22

    10       0

    Thanks Real Vision! Paul connects the commodity debt dots, and global macro like a champ.

  • LA

    Linda A.

    22 2 2016 19:11

    1       0

    Very informative! Every public co. is audited & must disclose risks, allow. for write-offs. It seems odd that we had a collapse of energy mkts over 2 yrs with no mention of the problems until last yr

  • SC

    Shaun C.

    22 2 2016 18:05

    0       1

    Reset due to asset inflation is postponed due to cheap debt service. Equity worth a long-term, high gamma call option value ar increasingly high vols when debt way below par.

  • RM

    Robert M.

    22 2 2016 17:59

    2       0

    Great interview

  • sc

    sam c.

    22 2 2016 17:45

    11       0

    he's a pleasure to listen to, thank you

  • TJ

    Terry J.

    22 2 2016 17:41

    17       0

    Loved it. Paul is so knowledgebale especially on bank debt and the commodity collapse. Please bring him back soon.

  • DD

    Derek D.

    22 2 2016 17:37

    1       0

    Very informative. He seems to agree with Mark Hart and, well, the world, that trashing your currency is a good thing.

    What if China, per Simon Hunt et al, disagrees?

  • SD

    Salvatore D.

    22 2 2016 15:35

    3       5

    Sounds scary and a little confusing- all over the place. Wish we could narrow down each topic.

  • AA

    Ali A.

    22 2 2016 15:22

    6       2

    Blanket statements about Middle East fail to discern UAE, Kuwait and Qatar fiscal positions very strong v Saudi. They have practically 0 debt and 0 income/corp taxes, plenty of room to adjust

  • AA

    Ali A.

    22 2 2016 15:14

    3       2

    Must mention however, the Brazilian pension parallel with Middle East SWFs or pensions is misunderstood. Different mandates, politics and liabilities.

  • CC

    Christopher C.

    22 2 2016 14:26

    34       1

    Great interview. The mosaic of information is mesmerizing, and very telling at the same time.