Podcast Episode Details

Jonathan Wellum: The Great Divide - U.S. Strength, Canadian Decline, and the AI Bubble & Gold Play

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💡Get a free portfolio review with Jonthan Wellum and his team at Rocklinc by going here: https://bit.ly/3L4qLU8 

Is the U.S. quietly entering a new boom while Canada slips into a policy-driven slowdown? CEO and CIO of Rocklinc, Jonathan Wellum, joins James Connor to lay out a clear, data-grounded case: capital and industry are flowing back to America on pro-growth policy and tax incentives, while Canada’s over-regulation, carbon taxes, and hostility to energy have throttled investment and jobs. He also warns that AI-led valuations are stretched (S&P 500 PE of 30× vs a healthier 18–20×) and explains why his portfolios keep a sizable allocation to gold and silver as fiat currencies lose purchasing power.

Topics include:

• Why U.S. policy (lower taxes, deregulation, onshoring) is attracting trillions in capital, and what that means for markets
• How Canada’s policy mix has driven away investment (including an estimated $670B in lost energy capital) and risks rising unemployment
• The AI bubble risk: why even great companies can’t command “infinite” prices forever
• Portfolio positioning for the next cycle: quality software, healthcare, data-center infrastructure, and a 28–30% position in precious metals
• The silver setup: constrained primary supply, rising industrial demand, and why shortages matter for investors
• The macro through-line: high debt loads imply long-run fiat debasement, own real assets

💡Get To Know: Rocklinc's Jonathan Wellum https://youtu.be/ezMiX0FtZ7g

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💡Get SCP Resource Finance and Trey Reik’s deep-dive Silver investing report by joining our accredited investor list here: https://www.wealthion.com/accredited

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IMPORTANT NOTE: The information, opinions, and insights expressed by our guests and our hosts do not necessarily reflect the views of Wealthion or the views of their respective employers. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.

 

While we value and appreciate the insights shared by our esteemed guests and hosts, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion or their respective employers. These opinions should not replace your own due diligence or the advice of a professional financial advisor.

 

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Published on 3 weeks, 6 days ago