When Scarcity Wins: Bitcoin, Gold & Energy — The Pomp Podcast

A concise roadmap for the next multi-year wealth shift: scarcity, ownership, and hard assets. Original episode ~1:10, condensed to ~15 minutes. Anthony Pompliano interviews Larry McDonald of the Bear Traps Report on why rising rates and inflation flip the valuation math away from long-duration software toward energy, materials, and stores of value like Bitcoin and gold. Learn the practical takeaways — sector themes (copper, lithium, energy), asset allocation tips, liquidity risks in private credit, and tactical moves with short-duration Treasuries — plus why tech’s asset pivot matters for investors. Hosts: Anthony Pompliano; Guest: Larry McDonald. Keywords: Bitcoin, gold, energy, inflation, macro trends, AI, commodities, portfolio protection. Listen now to get the key ideas in minutes.