Épisodes

  • Game Theory — Friday: Yedo — The Deluxe Master Set

    Game Theory — Friday: Yedo — The Deluxe Master Set
    Dec 6 2025

    Welcome to Gold Dragon Daily
    An AI-powered podcast by Gold Dragon Investments, helping you win the game of passive investing. For more information, visit GotTheGold.com. I'm your host, Justin 2.0.

    This is Game Theory — Yedo: The Deluxe Master Set

    What is Yedo?
    • Worker placement game set in feudal Japan (circa 1605)
    • Control a clan seeking influence in the city of Yedo (modern Tokyo)
    • Complete missions to earn prestige and win the game

    Core Mechanisms
    • Worker placement with disciples as your agents
    • Auction phase for action cards, weapons, and resources
    • Watch Patrol system adds risk management
    • Trading phase for resource negotiation
    • Mission completion for prestige points

    The Watch Patrol
    • Patrols move around the city each round
    • Disciples caught get arrested unless bribed or blackmailed
    • Forces strategic planning and timing decisions

    Strategic Considerations
    • Mission planning: Align resources with available missions
    • Auction strategy: Balance early investment vs. later worker actions
    • Worker management: Risk vs. reward in district placement
    • Adaptability: Event cards and opponent actions require flexibility

    The Deluxe Master Set
    • Clan powers for unique abilities
    • Specialists with special skills
    • Teahouse module for hiring characters
    • Enhanced replayability and customization

    Why Yedo Stands Out
    • Thematic integration with feudal Japan setting
    • Combines worker placement, auctions, and negotiation
    • Strategic depth with player interaction
    • Perfect for Euro game enthusiasts

    That's Game Theory. Subscribe if you haven't already. Visit GotTheGold.com. Stay sharp.
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    5 min
  • Market Pulse — Friday: Week-End Wrap-Up & Forward Look

    Market Pulse — Friday: Week-End Wrap-Up & Forward Look
    Dec 5 2025

    Welcome to Gold Dragon Daily, an AI-powered podcast by Gold Dragon Investments, helping you win the game of passive investing. For more information, visit GotTheGold.com. I'm your host, Justin 2.0.

    This is Market Pulse — Friday's numbers.

    Oil

    • • WTI closed at $68.30, Brent at $72.39
    • • WTI-Brent spread sits at $4.09
    • • Oil prices gained ground this week balancing geopolitical risks against demand concerns
    • • Permian Basin breakeven costs average $65 per barrel
    • • Tier 1 wells at $60, large operators achieving $58 breakevens
    • • Some existing wells operate profitably below $50
    • • OPEC+ production decisions and winter demand will drive near-term direction

    Gas

    • • Henry Hub settled at $3.04 per MMBtu on December 4
    • • Trending 34.8% higher since mid-October
    • • EIA projects winter heating season averages of $2.68 per MMBtu
    • • Potentially reaching $3.10 in January 2025
    • • Above-average storage inventories provide buffer against short-term volatility
    • • Bullish sentiment persists heading into peak winter demand

    Real Estate

    • • Industrial cap rates range from 5.5% to 7.0% for logistics spaces
    • • Regional variations from 5.84% in the Northeast to 6.83% in the Southwest
    • • Multifamily cap rates expanded 15 basis points on Class A and B properties to 5.05%
    • • Elevated interest rates limited transaction volume in 2024
    • • Anticipated rate cuts in 2025 could compress cap rates and boost activity

    Credit

    • • SOFR at 4.53% as of December 30, 2024
    • • Fed policy remains the key driver
    • • Markets positioning for potential rate adjustments in 2025

    Bottom Line

    • • Oil: Target sub-$50 breakevens, hedge floors above $75
    • • Gas: Selective exposure, winter contracts locked
    • • Real Estate: Industrial sub-5.7% caps near logistics hubs
    • • Credit: Senior secured, SOFR plus 650+, LTV under 65%

    Visit GotTheGold.com. Stay sharp.
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    3 min
  • Game Theory — Thursday: This Week's Hottest Gaming News

    Game Theory — Thursday: This Week's Hottest Gaming News
    Dec 5 2025

    Welcome to Gold Dragon Daily, an AI-powered podcast by Gold Dragon Investments, helping you win the game of passive investing. For more information, visit GotTheGold.com. I'm your host, Justin 2.0.

    This is Game Theory. Today we're talking this week's hottest gaming news. Now let's get into it.

    The Game Awards 2024 Highlights

    • • Astro Bot wins Game of the Year
    • • The Witcher 4 revealed with Ciri as protagonist
    • • Naughty Dog unveils Intergalactic: The Heretic Prophet (new IP)
    • • Elden Ring Nightreign announced (co-op spin-off)
    • • Okami sequel teased after nearly two decades
    • • Split Fiction from Hazelight Studios revealed
    • • Turok: Origins comeback announced
    • • The Beast (Dying Light 2 expansion) featuring Kyle Crane
    • • Slay the Spire 2 confirmed
    • • Sonic Racing: Cross Worlds revealed
    • • Rematch fighting game announced

    PlayStation & Xbox News

    • • Horizon Zero Dawn Remastered coming to PC
    • • Indiana Jones and the Great Circle coming to PS5 (Spring 2025)
    • • Nintendo Switch surpasses 146 million units sold (2nd best-selling console ever)

    New Releases & Updates

    • • Warhammer 40,000: Space Marine 2 Reclamation Update (free content)
    • • Path of Exile 2 enters Early Access (1 million copies sold in 24 hours)
    • • Marvel Rivals launches (free-to-play hero shooter)

    That's this week's hottest gaming news. The Game Awards delivered massive announcements, PlayStation and Xbox are making big moves, and new games are launching left and right. It's a great time to be a gamer.

    That's Game Theory. Subscribe if you haven't already. Visit GotTheGold.com. Stay sharp.
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    8 min
  • Market Pulse — Thursday: Oil Surges on Russian Sanctions

    Market Pulse — Thursday: Oil Surges on Russian Sanctions
    Dec 5 2025

    Welcome to Gold Dragon Daily
    An AI-powered podcast by Gold Dragon Investments, helping you win the game of passive investing. For more information, visit GotTheGold.com. I'm your host, Justin 2.0. This is Market Pulse — Thursday's numbers Equities
    • Futures down Thursday morning
    • Dow futures fell 88 points, down 0.25%
    • S&P 500 futures dipped 0.03%
    • Nasdaq futures slipped 0.01%
    • Wednesday saw selling pressure with US-China trade tensions and mixed earnings Oil
    • WTI surged to $61.43, up 5% on US sanctions targeting Russian oil giants
    • Brent jumped to $65.73, up 5.01%, first time above $65 since October 10
    • Sanctions on Rosneft and Lukoil tightening global supply expectations
    • Indian refiners reducing Russian crude imports Gas
    • Henry Hub at $3.48 per million BTU, up 0.82%
    • EIA forecasting $4.10 by January 2026 with 2026 average around $3.90 Hedging
    • Permian producers moderately hedged for 2025
    • Weighted average swap strike at $71 per barrel
    • Matador Resources hedged 70,000 barrels per day for second half, floor at $77
    • EON Resources covering 70% of production at $70.10 to $70.50 Real Estate
    • Cap rates stabilizing across sectors
    • Industrial at 5.0% for 2025
    • Multifamily averaging 5.2%
    • Q2 transaction volume up 3.8% year over year to $115 billion
    • Multifamily transactions surged 39.5%, office up 11.8% Credit
    • 10-year SOFR around 3.5% in October
    • Credit spreads at multi-year tight levels
    • September defaults dropped to 8 from 10 in August
    • Year to date total at 89 defaults Bottom Line
    Oil breaking higher on supply disruptions. Hedging floors protecting downside. Real estate transactions accelerating. Credit fundamentals sound despite tight spreads. Target sub-$50 breakevens, hedge floors above $75, industrial caps sub-5.7%, senior secured credit SOFR plus 650, LTV under 65%. That's your Market Pulse update.
    For more, visit GotTheGold.com. Make it a great day.
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    8 min
  • Game Theory — Wednesday: Worldbuilding 101 — Creating Believable Fantasy Worlds

    Game Theory — Wednesday: Worldbuilding 101 — Creating Believable Fantasy Worlds
    Dec 4 2025
    Welcome to Gold Dragon Daily An AI-powered podcast by Gold Dragon Investments, helping you win the game of passive investing. This is Game Theory — Worldbuilding 101 What Is Worldbuilding? • Art of creating believable, immersive fictional worlds • Foundation of every great fantasy story—novels, D&D campaigns, video games • Well-built world feels real: has history, culture, geography, rules that make sense • Poorly built world feels shallow and breaks immersion Geography: The Skeleton of Your World • Shapes everything else—mountains create borders, rivers enable trade, deserts isolate civilizations, coastlines encourage naval power • Think about how geography affects people who live there • Tolkien's Middle-earth: Misty Mountains divide continent, Mordor surrounded by mountains/wastelands (natural fortress), Shire fertile and isolated (explains peaceful Hobbits) • Geography isn't just a map—it's reason why cultures develop the way they do • George R.R. Martin's Westeros: North is cold/harsh (tough Northerners), Reach is fertile (wealthy/populous), Dorne is desert (distinct/defensive culture) • Geography creates diversity, diversity makes worlds interesting Culture: The Soul of Your World • Language, religion, customs, values, social structures • Every culture should feel distinct but make sense within environment and history • Avoid "planet of hats" trope—every member identical • Real cultures are diverse with internal conflicts and subcultures • The Witcher: Northern Kingdoms aren't monolith—Redania (theocracy), Temeria (feudal), Skellige (warrior culture, Norse influences), Nilfgaard (expansionist empire, Roman aesthetics) • Each culture has own identity, identities clash in believable ways • Brandon Sanderson's Cosmere: each planet has unique cultures shaped by magic systems and histories • Scadrial: rigid caste system (Lord Ruler's thousand-year reign) • Roshar: cultures shaped by Highstorms and constant threat of Voidbringers • Culture isn't random—it's response to environment, history, conflict Economy: Often Overlooked but Critical • How do people make money? What do they trade? What resources are scarce? • Economy drives politics and conflict • Rare magical resource = wars fought over it • One region controls food supply = leverage over everyone else • A Song of Ice and Fire: Reach controls most of Westeros's food production (why House Tyrell is powerful), Iron Islands poor in resources (turn to raiding), Free Cities of Essos wealthy (control trade routes) • Economy isn't just background detail—it's driver of plot Magic Systems: Hard vs. Soft • Hard magic: clear rules and limitations • Soft magic: mysterious and unpredictable • Both can work but serve different purposes • Brandon Sanderson: master of hard magic • Mistborn's Allomancy: strict rules, burn metals to gain specific powers, limitations create tension and problem-solving • Stormlight Archive's Surgebinding: tied to oaths and ideals, magic feels earned, rules create dramatic stakes • Soft magic works when used sparingly • Tolkien's magic is soft: Gandalf's powers vague (intentional), magic in Middle-earth ancient and mysterious, not a tool but force of nature • Soft magic works when it enhances atmosphere, fails when used as plot device to solve problems • Key: internal consistency—whatever rules you establish, stick to them • Magic requires sacrifice = always requires sacrifice • Dragons can't fly in cold climates = never fly in cold climates • Consistency builds trust with audience History Gives Your World Depth • Every culture, conflict, institution has a past • Don't need thousand-year timeline, but should know major events that shaped world • Why are these kingdoms at war? What ancient empire collapsed? Why do people fear the forest? • Tolkien built Middle-earth's history over decades—Silmarillion covers thousands of years of lore • Most readers never see that detail, but it informs everything in Lord of the Rings • Weight of history makes world feel real • The Witcher's Conjunction of the Spheres: event that brought monsters, magic, humans to world • Ancient history but explains why world is the way it is • Don't need to explain everything, but need to know the answers Religion and Mythology • Shape how people see the world • What gods do they worship? What creation myths? How does religion influence politics and daily life? • Religion isn't just window dressing—it's lens through which people interpret reality • A Song of Ice and Fire: Faith of the Seven, Old Gods, Lord of Light all real forces with real consequences • Religion drives characters like Melisandre and High Sparrow • Not just flavor—source of conflict and motivation Common Pitfalls to Avoid • Don't make every culture a monolith • Don't ignore logistics: food, water, travel time • Don't use magic as deus ex machina • Don't ...
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    9 min
  • Market Pulse — Wednesday: Mid-Week Market Update

    Market Pulse — Wednesday: Mid-Week Market Update
    Dec 4 2025

    Market Pulse — Wednesday, December 3rd Oil & Gas • WTI crude: $69.98/barrel (+2.66%), consolidating ahead of OPEC+ meeting • Brent crude: $73.67/barrel (+2.39%), $3.69 spread to WTI • Permian Basin: Record 6.3M bpd (47% of U.S. production), rig count at 302 (lowest since Q4 2021) • Natural gas: $4.94/MMBtu (+2.04%), three-year high driven by cold weather demand • LNG exports: 10.7M tons in November (+40% YoY) Real Estate • Industrial cap rates: 4.75%-5.25% in prime markets (LA, Central/Northern NJ) • Multifamily: Cap rate compression as NOI growth prospects improve Credit Markets • Corporate default risk: 9.2% (post-financial crisis high) • Bankcard delinquency: 3.16% severe delinquency rate • Moody's forecasts elevated default levels through 2025 Bottom Line Target sub-$50 breakevens. Hedge floors above $75. Industrial sub-5.7% caps near logistics hubs. Senior secured credit, SOFR plus 650+, LTV under 65%. GotTheGold.com
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    9 min
  • Game Theory — Tuesday: Dungeon Modules — The Backbone of D&D

    Game Theory — Tuesday: Dungeon Modules — The Backbone of D&D
    Dec 3 2025
    Welcome to Gold Dragon Daily An AI-powered podcast by Gold Dragon Investments, helping you win the game of passive investing. This is Game Theory — Dungeon Modules What Are Dungeon Modules? • Pre-made adventures for Dungeons & Dragons • Complete scenarios with maps, encounters, NPCs, treasure, and story • Buy a module, read it, run it for your players—no need to build campaign from scratch • Cornerstone of D&D since the beginning, shaped how millions play the game The Early Days • First D&D modules published in 1970s • Gary Gygax and TSR released adventures like Palace of the Vampire Queen and Temple of the Frog • B1: In Search of the Unknown (1978) changed everything—designed for beginners with clear instructions and simple dungeon layout • Taught generation of Dungeon Masters how to run a game • B2: Keep on the Borderlands (1979) is legendary—included in countless D&D starter sets, one of most-played adventures in history • Introduced players to home base, wilderness area, and dungeon filled with humanoid tribes • Simple, flexible, replayable—still a masterclass in adventure design The Golden Age (1980s) • TSR published dozens of adventures, many became classics • Tomb of Horrors (Gary Gygax) infamous for deadly traps and punishing difficulty—not fair dungeon, meat grinder designed to kill characters, but brilliant • Every room is puzzle, survival requires careful thinking and paranoia • The Giants series (G1-G3) introduced high-level play and epic stakes—players raided strongholds of hill giants, frost giants, fire giants • Series culminated in D1-D3: Descent into the Depths of the Earth—took players into Underdark to face drow • Introduced one of D&D's most iconic villains: Lolth, Demon Queen of Spiders • Ravenloft (1983) is another landmark—gothic horror adventure set in cursed land of Barovia, ruled by vampire Strahd von Zarovich • Proved D&D could do more than dungeon crawls—could tell atmospheric, character-driven stories • Module so popular it spawned entire campaign setting Why Modules Matter • For new Dungeon Masters: training wheels—running module teaches pacing, encounter design, how to improvise when players go off-script • Learn by doing, modules give framework to work within • For experienced DMs: time-savers—building campaign from scratch takes hours (writing NPCs, drawing maps, balancing encounters) • Modules do that work for you—can run high-quality adventure without spending weeks on prep • Provide inspiration—even if you don't run module as written, can steal ideas (cool villain, clever trap, memorable location) • Modules full of content you can adapt to your own campaigns Module Structure • Most modules follow similar structure • Start with introduction that sets up premise: Why are players here? What's the goal? • Then comes adventure itself, broken into scenes or locations • Each scene has description, NPCs, monsters, traps, treasure • Module ends with conclusion and suggestions for what happens next • Good modules are flexible—give DM enough detail to run adventure but leave room for improvisation • Bad modules are railroads—force players down single path and punish creativity • Best modules balance structure with freedom Modern Modules (5th Edition) • Wizards of the Coast continued tradition with 5th Edition • Adventures like Curse of Strahd, Tomb of Annihilation, Waterdeep: Dragon Heist are modern classics • Longer and more ambitious than old TSR adventures—full campaigns that can take months to complete • Curse of Strahd: reimagining of original Ravenloft—sandbox adventure with multiple paths to victory • Players explore Barovia, gather allies, eventually confront Strahd in his castle—atmospheric, deadly, endlessly replayable • Tomb of Annihilation: love letter to old-school D&D—set in jungle peninsula of Chult, filled with dinosaurs, traps, death curse killing adventurers across world • Adventure culminates in Tomb of the Nine Gods, massive dungeon inspired by Tomb of Horrors—brutal but fair • Waterdeep: Dragon Heist: city-based adventure focused on intrigue and investigation • Players search for hidden treasure in city of Waterdeep while navigating rival factions and villain who changes depending on season • Different kind of D&D adventure, proof that modules can do more than dungeon crawls Third-Party Modules • Rise of Open Gaming License and platforms like DMs Guild led to explosion of third-party modules • Independent creators publishing high-quality adventures that rival official content • Some modules experimental, pushing boundaries of what D&D can be • Others nostalgic, recreating feel of classic TSR adventures • Third-party modules give DMs more options—if you don't like official adventures, can find something that fits your style • Want horror one-shot? Political intrigue campaign? Megadungeon that takes years to complete?...
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    8 min
  • Market Pulse — Tuesday: Oil, Gas, Real Estate & Credit Numbers

    Market Pulse — Tuesday: Oil, Gas, Real Estate & Credit Numbers
    Dec 2 2025
    Welcome to Gold Dragon Daily An AI-powered podcast by Gold Dragon Investments, helping you win the game of passive investing. This is Market Pulse — Tuesday's Numbers Oil • WTI: $58.58, down 1.24% from Monday • Brent: $62.34, down 1.31% • WTI-Brent spread: $3.76 • Oil prices remained relatively stable despite market participants assessing risks connected to drone strikes on Russian energy facilities and tensions between U.S. and Venezuela • Drone attack damaged mooring point at Caspian Pipeline Consortium's Novorossiysk terminal in Black Sea, causing temporary halt in operations and supporting market • Pipeline is key route for Kazakh crude exports, averaging 1.6 million barrels daily • Operations at affected mooring currently impossible due to damage • OPEC+ reaffirmed plan to pause production increases in first quarter of 2026, which also supported market • Group confirmed three-month halt initially announced in early November • Heightened tensions between U.S. and Venezuela added risk premium to prices • Ukraine has continued strikes on Russian energy infrastructure, extending geopolitical risks to Black Sea • Technical analysis suggested upside target of $64.50, but also considered potential downtrend with target of $62.35 • J.P. Morgan Research expected Brent to reach $66 per barrel in 2025 • US EIA expected Brent to average $66 per barrel by end of 2025 • Alexander Novak, Russia's Deputy Prime Minister, stated that global oil market is generally stable but subject to volatility and geopolitical risks Gas • Henry Hub: $4.86, down 1.31% from Monday • Over past month, natural gas prices have increased 13.84%, up 59.65% compared to same time last year • NGI's National Average price escalated 65.5 cents to $4.880 on Monday • Cold temperatures boosting natural gas demand and prices • December bidweek prices popped across Lower 48 due to cold, and robust export demand intersected with regionally modest levels of supply in storage • Bitter cold spells expected to continue across much of central and eastern United States through mid-December • Wood Mackenzie estimated seven-day average production topped 110 billion cubic feet per day, up 7 billion cubic feet per day from early December 2024 and near historical peaks • EIA raised forecast for 2025 U.S. natural gas production by 1.0% to 107.67 billion cubic feet per day from September's estimate • LNG exports have been adding upward pressure on prices, with U.S. shipments reaching 10.7 million tons in November, 40% increase from previous year • LNG exports are critical balancing factor for U.S. supply • Energy firms withdrew 11 billion cubic feet of gas from storage in week ending November 21, 2025, indicating tightening supply-demand fundamentals • Regional Price Details: Chicago Citygate rallied $1.480 month-over-month to average $4.590 per MMBtu; Algonquin Citygate spiked $7.880 to $11.785; Iroquois Zone 2 soared $7.470 to $11.265; Henry Hub in Louisiana rallied $1.055 to $4.435 Real Estate • Boxing Day Bounce anticipated, with many prospective buyers and renters expected to search online for homes starting December 26 • Boxing Day predicted to be one of busiest days of year for property portals • Surge in activity expected to create momentum for housing market into new year • In US, approximately 817,000 single-family homes unsold, which is normal seasonal decline • Inventory up 15.7% compared to last year • Home prices trending below last year, influenced by increased inventory • Weekly pending home sales have been strong, averaging 8% more than last year • In New Zealand, confidence in housing market has reached 15-year high, with more people viewing it as good time to buy • Lower interest rates and increased property listings creating favorable conditions for buyers • In Quebec, real estate market has shown unexpected resilience • Residential construction has surged • Demand for existing homes remains strong, pushing prices higher, but this may moderate in coming months • Rental market is shifting, with supply growing faster than other segments Credit • SOFR was at 4.12% on December 1, 2025—same as previous market day • SOFR rate of 4.12% is higher than long-term average of 2.58% • However, it is lower than value from one year ago, which was 4.59% • SOFR is broad measure of cost of borrowing cash overnight collateralized by Treasury securities • Calculated from transaction data in US Treasury repurchase market • New York Federal Reserve publishes rate as benchmark for other debt transactions • SOFR Averages are compounded averages of SOFR over rolling 30-day, 90-day, and 180-day periods • SOFR Index measures cumulative impact of compounding SOFR on unit of investment over time • Credit markets continue to navigate new era shaped by clearing, innovation, and liquidity challenges • Federal Reserve began cutting interest rates in September 2025, with ...
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    9 min