George Noble: "Mr. Bond Will Show Up at the Doorstep" - Here's When the Party Ends

Video Description

George Noble, CIO of Noble Capital Advisors, argues we're in a regime shift where US exceptionalism is ending. He sees global rotation away from dollar assets as foreign capital heads home. He expects bond yields to rise significantly until markets force politicians' hands, recommending investors get out of paper money and into scarce assets like gold. Noble is bearish on US equities, especially consumer stocks and the Mag-7, favoring foreign markets and gold as protection against fiscal irresponsibility. Sponsors: Monetary Metals. https://monetary-metals.com/julia Kalshi: https://kalshi.com/julia Links: George Noble's Independent Research Conference: https://noble-capevents.com/ X: https://x.com/gnoble79 Timestamps: 0:00 Welcome and intro to George Noble 1:05 Big picture macro view - regime shift and end of US exceptionalism 3:56 Dollar decline and foreign capital rotation 6:29 Which regions benefit from global rotation 9:48 Fiscal mess - default vs. devalue the debt 12:49 How markets will force politicians' hand 15:40 Fed rate cut expectations and recession probability 19:57 Doge criticism - why spending cuts were never realistic 23:33 Party continues until "Mr. Bond shows up" 24:33 Get out of paper money - gold and scarce assets 25:24 Bitcoin discussion and getting "orange pilled" 29:12 Japanese yen looks cheap, avoid US consumer stocks 31:08 Passive investing problems and stock picker's market 33:28 Gold has room to run - contrarian view 38:08 Lessons from closing ETF 42:39 Parting thoughts and upcoming investment conference