SpaceX Rings the Bell While Gold Hits Zero

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