{"podcast":{"title":"The Derivative","slug":"the-derivative-1211538","podcast_index_feed_id":1211538,"rss_url":"https://anchor.fm/s/11908b3c/podcast/rss","website_url":"https://www.rcmalternatives.com/the-derivative-podcast-2/","image_url":"https://d3t3ozftmdmh3i.cloudfront.net/production/podcast_uploaded_nologo/2846855/2846855-1620915954456-19c2307e4d322.jpg","author":"RCM Alternatives","episode_count":233,"summary":"Welcome to The Derivative by RCM Alternatives, where we dive into what makes alternative investments go, analyze the strategies of unique hedge fund managers, and chat with interesting guests from across the investment world. Hosted by RCM Managing Partner, Jeff Malec, join us to take a ride through the world of alternative investments.","last_synced_at":"2026-07-10T08:18:50.968173+00:00","page_url":"https://stenobird.com/podcast/the-derivative-1211538"},"episode":{"title":"From Venezuelan Oil to Nuclear Frontiers: Navigating Resource Markets with Robert Mullin","slug":"from-venezuelan-oil-to-nuclear-frontiers-navigating-resource-markets-with-robert-mullin","published_at":"2026-01-22T19:01:49+00:00","page_url":"https://stenobird.com/podcast/the-derivative-1211538/from-venezuelan-oil-to-nuclear-frontiers-navigating-resource-markets-with-robert-mullin","show_page_url":"https://stenobird.com/podcast/the-derivative-1211538","url":"https://podcasters.spotify.com/pod/show/rcm-alts-the-derivative/episodes/From-Venezuelan-Oil-to-Nuclear-Frontiers-Navigating-Resource-Markets-with-Robert-Mullin-e3e1qqa","audio_url":"https://anchor.fm/s/11908b3c/podcast/play/114403594/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-0-22%2F4636e80a-4ec2-2a3e-2677-08741e8ce701.mp3","summary":"This week on The Derivative , Jeff Malec is joined by seasoned resource investor Robert Mullin for a reality check on Venezuelan oil and the market narratives surrounding it. They dig into why headlines calling for cheap oil miss the point, what it actually takes to restart a broken energy system, and why “world’s largest reserves” isn’t the bullish mic drop many assume. Along the way, they unpack sanctions, shadow tanker fleets, Gulf Coast refinery hype, and where the real economic constraints lie. It’s a sharp, grounded conversation focused on market structure, logistics, and context, cutting through the noise without relying on forecasts or recommendations. SEND IT! Chapters: 00:00-00:12 = Intro 00:13-12:25 = US Involvement in Venezuelan Oil & Challenges in Venezuelan Oil Production 12:26-20:16 = The Role of International Companies & The Shadow Fleet and Sanctions 20:16-28:15 = Commodity Cycles and Market Dynamics & Investment Strategies in Resource Equities 28:16-43:27 = Investment Strategies in Resource Equities & Navigating the Resource Sector's Challenges 43:28-49:52 = Gold & Precious Metals: Investment Strategies, Central Bank Moves, and Market Dynamics 49:53-59:42 = From Base Metals to Nuclear: Equity Strategies and the Future of Resource Investing 59:43-01:07:55 = Nuclear Frontiers, Geopolitical Shifts, and the Changing Role of Resources in Global Markets From the episode: About those Higher Interest Rates (Lower Bond Prices) - RCM Alternatives Blog post Follow along with Robert on LinkedIn and check out Marathon's website marathonresourceadvisors.com for more information Don't forget to subscribe to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Derivative⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠…","meta_description":"This week on The Derivative , Jeff Malec is joined by seasoned resource investor Robert Mullin for a reality check on Venezuelan oil and the market narrat…","key_points":[],"chapters":[],"topics":[],"duration_seconds":4077,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-derivative-1211538/episodes/from-venezuelan-oil-to-nuclear-frontiers-navigating-resource-markets-with-robert-mullin/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-derivative-1211538/from-venezuelan-oil-to-nuclear-frontiers-navigating-resource-markets-with-robert-mullin.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}