Talk Your Book: The Bull Market in Real Assets

The podcast explores the concept of real assets and their potential in a changing world, featuring David Schassler, Head of Multi-Asset Solutions at VanEck, who discusses the VanEck Real Assets ETF (RAAX). Schassler argues that real assets, including commodities, gold, and income-generating assets, are poised for growth due to extreme innovation, particularly in AI, which necessitates infrastructure development and energy consumption. He outlines a three-step process for determining portfolio weights, emphasizing diversification and momentum. The conversation also touches on the de-dollarization trend and the importance of scarcity in a world of fiat currency abundance, with Schassler highlighting gold's role as a neutral reserve asset amid concerns over government spending and debt.