Find us at www.crisisinvesting.com

Matt and Doug discuss the proliferation of U.S. holidays, including Juneteenth and Martin Luther King Day, before turning to the opening of Obama's presidential library and Trump's competing, highly theatrical library renderings, comparing modern presidential libraries to pyramids and noting Biden's reported difficulty raising funds. They debate Trump's showmanship around his birthday and a ceasefire/peace deal they expect won't hold, citing Iran's improved position, unresolved issues, disrupted shipping in the Strait of Hormuz, and risks to oil prices. They then address Ukraine's drone attacks on Moscow and concerns about an escalating, lingering war. Doug shares his positioning in gold miners, energy, uranium, and a corn ETF, answers subscriber questions on filmmaking/royalties, the FIFA World Cup and U.S. border hassles, trade blocs like Mercosur/EU, recommended books, and impressions of Malaysia and Penang.

00:00 Holiday Overload Debate

01:06 Which Holidays Matter

02:24 Equinoxes and Global Days Off

03:25 Juneteenth and Identity Politics

05:08 Obama Library Obamalisk

06:55 Trump Library Renderings

09:38 Pyramids and Presidential Tombs

11:31 Biden Library Money Trouble

14:25 Trump Birthday Peace Deal

15:13 Hormuz Oil and Ceasefire Doubts

18:02 Ukraine Drone War Escalation

20:02 War Escalation Risks

21:01 Ceasefire Won't Hold

22:13 Crisis Investing Plays

23:34 Corn ETF Thesis

25:47 Film Investing Reality

29:55 FIFA World Cup Fallout

34:23 Trade Blocs Skepticism

36:19 Five Books To Read

38:56 Malaysia And Penang

41:35 Weekend Signoff

Find us at www.crisisinvesting.com

Matt and Doug discuss a reported US–Iran peace deal whose MOU hasn't been released, doubting it will last due to Israel–Iran hostility and Israeli opposition, while arguing the US bombing of Iran was unnecessary and that the deal looks like a US surrender with potential reparations (estimated $300B) and possible UAE/private funding plus future service fees after 60 days. They then focus on provisions in the NDAA (Section 219) and an Intelligence Authorization Act measure (Sen. Tom Cotton) that would fuse US–Israel military and intelligence programs, outlining six harms: inability to stop unwanted wars, technology leakage (AI/quantum) possibly to China, US contractors losing business, Gaza-tested AI targeting tools entering US systems, Israeli espionage risks, and irreversible entanglement by FY2027. The conversation also covers Trump's credibility, government involvement in AI companies and energy-hungry data centers, China's open-source AI stance, IMF conditional lending in Papua New Guinea, rising authoritarian security policies in Peru, and broader fears of global conflict.

00:00 Iran US Peace Deal

01:08 Why Bomb Iran

02:31 Israel Leverage Theories

04:21 China Oil Shock Absorber

06:58 Trump Character Spin

10:02 Reparations And Tolls

11:18 Israel Lebanon Sticking Point

12:21 Israel As 51st State

14:59 Six Ways It Hurts

21:36 USS Liberty And AIPAC

24:32 AI Data Centers Bubble

28:24 AI As Strategic Weapon

33:42 World War Three Thesis

36:31 IMF In Papua New Guinea

39:48 Peru Fujimori Crackdown

43:47 Authoritarian Trend Fears

45:44 Hopeful Wrap And Outlook

Matt and Doug discuss SpaceX's IPO jumping from 135 to about 171 a share and compare the frenzy to the dotcom era, noting its importance for broader market sentiment and Elon Musk's reported trillionaire status. They mention reading Peter Thiel's Zero to One, then pivot to extreme bearish sentiment in gold miners (a bullish index falling from 100 in January to 0 on June 10) and argue this may be a buying opportunity, alongside unloved oil despite ongoing Strait of Hormuz disruptions and prices around $80 WTI/$84 Brent. They cover rising inflation (CPI 4.2%), skepticism about official numbers, and expectations for new Fed chair Kevin Warsh. Subscriber questions include Costa Rica as a destination, tokenized gold's practicality and redeemability, whether to short markets, Ebola risk to Ivanhoe Mines, China's reduced oil imports, distrust of Howard Lutnick/Trump-linked trading dynamics, and whether humanoid robotics could extend the AI bull run.

00:00 SpaceX IPO Buzz

01:46 Thiel Book Talk

04:29 Trillion Dollar Math

06:24 Gold Miners Capitulation

09:26 Inflation Fed Outlook

12:47 Paper Fantasy Economy

16:07 Costa Rica Expat Reality

18:38 Central America Picks

20:17 Tokenized Gold Idea

21:07 Tokenized Gold Doubts

21:39 Swiss Gold Token Update

23:43 Shorting Market Timing

25:33 Ivanhoe Ebola Risk

28:36 Oil Prices and China

34:56 Stablecoins and Power Players

37:51 Epstein Files Speculation

39:04 Robots and AI Bubble

41:18 Trump Tweets and Markets

44:13 Weekend Sign Off