Void Pool: Episode 6
Costco Gold Rush and Crypto Winter
1 year ago

Episode Notes
Void Pool Podcast Outline
Introduction
- Welcome listeners to a new episode of the Void Pool podcast.
- Brief overview of the topics to be covered.
- Set context: Understanding the financial turbulence across different sectors.
Topic 1: Housing Prices
- Recap the paradoxical situation:
- Stocks plummeting
- Rising oil prices
- Surging interest rates
- Declining gold prices
- Soaring housing prices
- Commercial real estate downfall
- Questions:
- Why is there a discrepancy between what one would expect and the current market behavior?
- What external factors might be influencing the residential real estate market?
- Could this be a sign of a larger bubble?
Topic 2: Government Shutdown
- Describe the looming shutdown and its significance.
- Dive into the Congress deadlock and the issues at hand.
- Questions:
- What are the potential ramifications of a government shutdown?
- How might the shutdown affect the overall economy, including housing prices?
- Why is Ukraine's funding a point of contention for House Speaker Kevin McCarthy?
Topic 3: UAW Strike
- Overview of the strike's expansion and its roots.
- Discuss the companies and their rebuttals.
- Questions:
- What are the underlying issues causing this clash between the UAW and automakers?
- How might these strikes affect the broader economy?
Topic 4: Gold Prices
- Highlight Costco's venture into selling gold bars and the demand surge.
- Discuss the skepticism surrounding retail gold availability.
- Questions:
- Are institutions divesting from gold, or is there another narrative?
- How does the trend at Costco relate to global gold price trends?
Topic 5: Crypto Winter
- Chart the recent highs and lows in the crypto market.
- Delve into external influences like Elon Musk and Jerome Powell's statements.
- Questions:
- How might the conversion of Grayscale Bitcoin Trust into an ETF impact the market?
- Are we seeing a market correction or a temporary downturn?
Topic 6: Utility Price (XLU) Decrease
- Discuss the traditional view of utility stocks as recession-proof.
- Highlight the challenges they currently face.
- Questions:
- Are utility companies a ticking time bomb?
Conclusion
- Summarize the key points discussed in each topic.
- Thank listeners for tuning in and encourage feedback.
- Tease the next episode's topic or guest.
Support Void Pool by contributing to their tip jar: https://tips.pinecast.com/jar/void-pool
Find out more at https://void-pool.pinecast.co