The Grant Williams Podcast

In this episode of The Grant Williams Podcast, I welcome back Brent Johnson of Santiago Capital for a thoughtful and wide-ranging discussion built around Brent’s latest piece, The Band, and the evolution of his long-standing dollar thesis. What begins as an exploration of a simple framework for understanding the limits of dollar strength and weakness quickly expands into a deeper examination of th...

In this episode of The Grant Williams Podcast, I welcome my dear friend Rick Rule into the studio for a wide-ranging discussion about commodities, capital allocation, and the kind of opportunities that emerge when patience meets deep industry knowledge. Drawing on decades of experience in the resource sector, Rick explains why he believes the fundamental case for commodities remains compelling des...

In this episode of The Grant Williams Podcast, I’m joined by author Dominic Frisby for a conversation that is equal parts monetary history, philosophy, and comedy. Best known to many as a comedian, writer, and commentator, Dominic brings a rare ability to explain complex financial ideas with clarity, humour, and perspective. The discussion traces his journey from trying to finance a West End music...

In this episode of The Grant Williams Podcast, Brendan Ballou returns for a fascinating and deeply important conversation about the rise of forced arbitration and the quiet transformation of the American legal system. Brendan explains how what began as a narrow mechanism for resolving commercial disputes has evolved into a vast private justice system that increasingly shields corporations from pub...

In this episode of The Grant Williams Podcast, I welcome my good mate Dave Dredge of Convex Strategies for a fascinating conversation about fragility, portfolio construction, and why so many traditional investment frameworks are no longer fit for purpose. Using everything from London Tube strikes to Mandelbrot’s work on volatility clustering, Dave explains why markets should be understood not as s...

In this episode of The Grant Williams Podcast, I reconnect with Jawad Mian for a deeply thoughtful conversation that moves seamlessly between markets, personal evolution, and the challenge of building an intellectually honest life in an increasingly noisy world. Jawad reflects on his decision to leave Dubai and return to Toronto, explaining how the move forced him to rethink not only where he want...

In this episode of The Grant Williams Podcast, I welcome my old friend, and veteran copper analyst Simon Hunt for a sweeping conversation that connects the war in Iran to supply chains, commodities, monetary power, and the future of the global order. Speaking from his home in Dubai, Simon describes a city transformed almost overnight by the conflict before widening the lens to argue that the strug...

In this episode of The Grant Williams Podcast, I welcome David Leiter for a lively and highly practical conversation about his new book, Stop Making Stupid Investments: 7 Rules to Avoid the Hype and Build Real Wealth. David traces the unlikely path from guitar-obsessed kid and struggling salesman to Credit Suisse banker, Queens real-estate investor, and ultimately author of a book designed to help...

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 hou...

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 cha...

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. David 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 US-led order to a rising, strategically coordinate...

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. Drawing parallels to McKinley, Roo...

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 has not only been involved in precious metals for...

In this episode of The Grant Williams Podcast, I’m joined by Rabobank’s Michael Every for a provocative exploration of why the post-Cold War liberal world order is breaking down — and what may replace it. Michael argues that decades of hyper-market economics hollowed out America’s industrial and military base, and that Trump’s project represents a radical attempt to reverse that trajectory by fusi...

In this episode of The Hundred Year Pivot, Demetri and I are joined by geopolitical strategist Kamran Bokhari for a sweeping, historically grounded exploration of how Iran arrived at its present moment of instability—and where it may be heading next. Kamran traces Iran’s modern political evolution from Qajar Persia through the Pahlavi monarchy, the 1953 Mosaddegh coup, and the 1979 Islamic Revolut...

Demetri and I welcome journalist and author Brian Winter to The Hundred Year Pivot to discuss the recent events in Venezuela and where they fit into the upheaval coming at us from seemingly every direction. Brian is the editor-in-chief of Americas Quarterly and a seasoned analyst of Latin American politics and his balanced perspective is a welcome antidote to the unbridled certainty about the futu...

In this episode of The Grant Williams Podcast, I’m joined by Dr. John Bosetti, MD, an eye surgeon who has dedicated his career to tackling one of the most devastating—and most solvable—health crises in the developing world: preventable blindness. Dr. Bosetti recounts how a life running a successful ophthalmology practice in Napa, California gave way to a mission in Sub-Saharan Africa after witness...

In this episode of Super Terrific Happy Hour, Steph and I return with our customary blend of easy-going banter coupled with a shameless plug and a sobering assessment of the global financial landscape. What begins with complaints about the cold weather and Seinfeld callbacks, as well as our upcoming live event in St. Petersburg, quickly turns into a candid examination of sovereign refinancing risk...

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 centred on the...

n the latest episode of The End Game, Bill and I welcome Gerard Minack for a masterclass in macro perspective and market realism. Gerard, founder of Minack Advisors, dissects the current investment landscape—where AI euphoria collides with fiscal fragility and complacent bond markets. Drawing on historical parallels to the late 1990s tech bubble, he explains why today’s optimism may mask structura...

In this latest episode of The Hundred Year Pivot, Demetri Kofinas and I are joined by Peter Atwater, adjunct professor at William & Mary and author of The Confidence Map: From Chaos to Clarity. Together we explore Peter’s groundbreaking framework for understanding how confidence shapes behaviour, societies, and markets through four emotional quadrants: the comfort zone, the stress centre, the...

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 true risk-free asset, signalling the start of a genuine...

In the ninth episode of The Hundred Year Pivot, Grant and Demetri welcome Roger Mitchell for a deeply reflective conversation on faith, values, and the unraveling of the modern social contract. Against the backdrop of growing disillusionment in Western society, Roger shares his personal journey and explores how the erosion of traditional anchors—family, faith, and community—has left many searching...

In this episode of The Grant Williams Podcast, I welcome author and entrepreneur Robert Glazer to discuss his new book, The Compass Within—a powerful exploration of how uncovering and living by one’s personal core values can transform leadership, relationships, and decision-making. Robert shares how identifying his own guiding principles reshaped his approach to life and business, and how that exp...

In a blockbuster episode of The Grant Williams Podcast, I welcome Julien Garran of MacroStrategy for a penetrating discussion on what Julien believes is the most dangerous bubble in modern financial history—the AI mania. Drawing parallels to the dot-com and housing booms but arguing this one far exceeds both, Julien dissects how years of ultra-loose fiscal and monetary policy have produced stagger...