In this week's Stansberry Investor Hour, Dan welcomes Nick Hodge back to the show. Nick is the co-founder of Digest Publishing and an expert natural resource investor.

Nick kicks things off by explaining why he's still bullish on gold since the last time he was on the show. Between several fundamental drivers he sees in the market and miners producing less gold than before, he predicts the metal will keep moving higher. And he says that he owns gold in several different ways: He owns the physical metal that he keeps in the event of an emergency, and he likes to own physical trusts when the conditions are right. Nick is also bullish on copper, even more so than on gold. The threat of tariffs on copper has increased its imports, driving up prices and demand. And with data centers requiring the metal for the expanding build-out and the available mines starting to produce less supply, we could be on the cusp of a major shortage...

The [Trump] administration doesn't want to enact tariffs on copper and cause even higher prices for raw materials and parts for American citizens – and more importantly, American voters – ahead of [November's] midterm... So we've seen no action on the copper tariffs. And yet, copper remains near an all-time high. The market has taken it upon itself to price copper [at current levels]. Even without the tariffs... the build-out of these data centers, the very real structural deficit of copper, and these big mines aging out [pose a danger].

Next, Nick says that while concerns with the government intervening with the available copper allocation are valid, he believes that this is one instance where there's potential upside. The government investing in new precious metals projects shows that there's demand and creates new opportunities for individual investors, even if the projects receiving support aren't the best ones. And with the federal push to see gold rise higher, Nick says there's a real chance that we could see it used as a real currency again...

It seems like we're getting closer and closer to [gold being recognized as real money]... After the 2008 crash... I made the decision then that gold was [a] true currency... You've got [administrative] people... out there calling for much higher gold [prices] – $10,000, $15,000, $20,000... You're seeing it as a very real opportunity... [And] this isn't conspiratorial conjecture. This is the world history that's already been written in the books.

Finally, Nick states that while government leaders might claim to "be the house," the market ultimately knows best and will move where it wants to despite the government's best efforts. But if gold does soar as high as federal members would like it to, that could cause many folks' portfolios to decline. Nick says it's best to prepare for that scenario now and diversify some of your portfolio into harder assets to prevent taking substantial losses. He then shares the names and tickers of two companies that have done well for him. Ultimately, he warns listeners to take charge of their own finances, because no one else is going to look after them...

No one's coming to save you. I'm a pretty individualist type of guy. I don't believe [the main political parties] have your best interest in mind. I don't think the Treasury has your best interest in mind. I think the best thing you can do for you and your family is to take the reins of your financial destiny in your portfolio and your life, and control them as best you can, using alternative sources of information and information that you gather and maintain on your own... There are ways to mitigate [the weakening currency] by owning the assets that are inflating inversely to the decline in the purchasing power of the U.S. dollar.

Click on the image below to watch the video interview with Nick right now. For the audio version, click "Listen" above.

(Additional past episodes are located here.)

The transcript is coming soon.

This Week's Guest

Nick Hodge is the co-founder of investment service Digest Publishing. At Digest, he produces multiple publications, including the free daily newsletter Bizarro World, as well as paid newsletters like Foundational Profits, Digital Dispatch, and Underground Alpha. He also co-hosts the investment podcast Investing in Bizarro World and has written two books: Investing in Renewable Energy and Energy Investing for Dummies.

Previously, Nick founded the Outsider Club and grew it into a major financial publishing powerhouse that reached hundreds of thousands of investors and brought in tens of millions of dollars in revenue. Over the years, he has made millions for himself and his clients while helping to finance some of the most exciting early-stage companies in the resource, energy, cannabis, and biotech sectors.