In the latest episode of The Grant Williams Podcast, I welcome Danielle DiMartino Booth back for a wide-ranging conversation about a macro backdrop that feels increasingly detached from the official story. Danielle explains why consumer sentiment—particularly rising expectations of unemployment—is flashing a far darker signal than headline labour data suggests, and why she believes the average household is under far more pressure than policymakers are willing to admit. From hidden weakness in the job market to the spread of gambling, speculation, and buy now, pay later behaviour, our discussion paints a picture of an economy held together by coping mechanisms, financial stress, and a deepening sense that something important is missing beneath the surface.

In this episode of The Grant Williams Podcast, I’m joined once again by Marvin Barth to unpack a rapidly shifting geopolitical and monetary landscape through the lens of the superb recent piece he published titled “Alea Iacta Est”—the die is cast. Marvin argues that once the United States and Israel crossed the threshold into open confrontation with Iran, the strategic calculus for all players changed irreversibly. From the distinction between Iran as a nation and its ruling regime to the broader implications for China, Europe, and the global financial system, the conversation weaves together geopolitics, currency dynamics, and investor positioning in a world increasingly defined by fragmentation and high-stakes decision-making.

In this episode of The Grant Williams Podcast, Grant is joined by David Murrin for a sweeping and provocative discussion about the structural forces shaping today’s geopolitical landscape. Murrin argues that current conflicts—from Ukraine to the Middle East—are not isolated crises, but manifestations of a long-term power transition from a declining U.S.-led order to a rising, strategically coordinated China. Framed through his concept of a 100-year “war cycle,” the conversation explores how modern warfare, technological asymmetry, and internal Western fragmentation are converging to create a far more dangerous and unpredictable global environment than most investors or policymakers are prepared for.

In this episode of The Grant Williams Podcast, I’m joined by Variant Perception’s Tian Yang for a sweeping discussion of what he calls a “late-cycle macro, early-stage regime shift.” Tian argues that the global economy is pivoting away from efficiency and toward sovereignty, as great powers prioritise control of supply chains, technology, and industrial capacity. […] Please consider upgrading to a Copper or Silver Tier Subscription in order to access this content.

With the recent volatility in precious metals raising an inordinate amount of questions (and generating an even greater amount of hot takes and opinions from let’s just say ‘commentators who are relatively inexperienced in the idiosyncrasies of gold and silver markets’), it felt appropriate to have a conversation with Simon Mikhailovich – a man who […] Please consider upgrading to a Copper or Silver Tier Subscription in order to access this content.

In this episode of The Grant Williams Podcast, I welcome Diana Choyleva, Chief Economist at Enodo Economics, for a rigorous unpacking of what ‘de-dollarisation’ really means—and what it doesn’t. Moving beyond the familiar extremes of “the dollar is finished” versus “the dollar is untouchable,” Diana explains how China is methodically building an alternative financial infrastructure […] Please consider upgrading to a Copper or Silver Tier Subscription in order to access this content.

In the latest episode of The Grant Williams Podcast, I welcome an old friend, Rémi Tetot, to unpack his provocative “Reverse Bretton Woods” thesis—a framework suggesting that the US and China are building rival monetary systems: one rooted in digital finance and the other in gold. Remi explains how China’s steady shift away from US […] Please consider upgrading to a Copper or Silver Tier Subscription in order to access this content.

In this episode of The Grant Williams Podcast, I welcome my old mate Ned Naylor-Leyland, long-time precious-metals fund manager, for a detailed discussion on the shifting dynamics of gold, silver, and the mining sector. Ned argues that gold has decisively emerged from a 44-year bear market against Treasuries to reclaim its role as the world’s […] Please consider upgrading to a Copper or Silver Tier Subscription in order to access this content.