Jonathan Wellum: The Great Divide – U.S. Strength, Canadian Decline, and the AI Bubble & Gold Play

Get a free portfolio review with Jonthan Wellum and his team at Rocklinc by going here: https://bit.ly/3L4qLU8 

Is the U.S. quietly entering a new boom while Canada slips into a policy-driven slowdown? CEO and CIO of Rocklinc, Jonathan Wellum, joins James Connor to lay out a clear, data-grounded case: capital and industry are flowing back to America on pro-growth policy and tax incentives, while Canada’s over-regulation, carbon taxes, and hostility to energy have throttled investment and jobs. He also warns that AI-led valuations are stretched (S&P 500 PE of 30× vs a healthier 18–20×) and explains why his portfolios keep a sizable allocation to gold and silver as fiat currencies lose purchasing power.

Topics include:

• Why U.S. policy (lower taxes, deregulation, onshoring) is attracting trillions in capital, and what that means for markets
• How Canada’s policy mix has driven away investment (including an estimated $670B in lost energy capital) and risks rising unemployment
• The AI bubble risk: why even great companies can’t command “infinite” prices forever
• Portfolio positioning for the next cycle: quality software, healthcare, data-center infrastructure, and a 28–30% position in precious metals
• The silver setup: constrained primary supply, rising industrial demand, and why shortages matter for investors
• The macro through-line: high debt loads imply long-run fiat debasement, own real assets

Get To Know: Rocklinc’s Jonathan Wellum https://youtu.be/ezMiX0FtZ7g

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