This week, we kick off our new series Setting Course 2026 by welcoming Former Senior CIA Official Rob Dannenberg back into the SmarterMarkets™ studio. David Greely sits down with Rob to discuss the inflection point being created by the Russian war in Ukraine, the capture by the United States of Venezuelan President Maduro, and the potential implications of this widening of the range of acceptable behavior by great powers as we move into 2026.

We begin the new year on SmarterMarkets™ with Part Two of our Holiday Special 2025: The Year in Review.

This week, we’re continuing to revisit the conversations with our guests that helped us understand and articulate the themes that would come to define 2025.

It was the year in which we discovered that this was not the energy transition that we were expecting; and the year in which a new geopolitical reality emerged and old geopolitical concerns resurfaced. It was the year featuring a tale of two carbon markets and the need for new weather markets to manage the risks posed by reliance on renewable power. And 2025 was the year in which there was both a new gold rush and a rush into tokenization.

We hope you’ll sit back, relax, and enjoy Part Two of our Holiday Special 2025: The Year in Review.

Our guests in order of appearance:

Josh Crumb – Founder & CEO, Abaxx Technologies

SM229 – 5.3.2025 – Gold for the 21st Century

Steve Lowe – Strategic Advisor for Precious Metals, Abaxx and Former Managing Director, Co-Head of Global Base and Precious Metals, Scotiabank

SM231 – 5.17.2025 – Gold for the 21st Century

Sunil Kashyap – Managing Director at FinMet Pte Ltd., Singapore

SM224 – 3.29.2025 – Gold for the 21st Century

Wade Brennan – CEO & Co-Founder, Kilo Capital

SM225 – 4.5.2025 – Gold for the 21st Century

Thom McMahon – Co-Founder, Abaxx Technologies

SM235 – 6.14.2025 – Gold for the 21st Century

Albert Cheng – CEO, Singapore Bullion Market Association (SBMA)

SM240 – 7.19.2025 – Summer Playlist 2025

Ian Forester – Head of Product, Abaxx Technologies

SM254 – 10.25.2025 – Re-engineering Tokenization

Riley Hughes – Co-Founder & CEO, Trinsic

SM258 – 11.22.2025 – Re-engineering Tokenization

Carrie Jaquith – Global Head of Digital Product, Abaxx Technologies

SM257 – 11.15.2025 – Re-engineering Tokenization

Leah Wald – Digital Title Lead, Abaxx Technologies

SM261 – 12.13.2025 – Re-engineering Tokenization

Walt Lukken – President & CEO, FIA

SM262 – 12.20.2025 – Re-engineering Tokenization

Josh Crumb – Founder & CEO, Abaxx Technologies

SM253 – 10.18.2025 – Re-engineering Tokenization

We close out the year on SmarterMarkets™ with Part One of our Holiday Special 2025: The Year in Review.

2025 has been a big year full of big months here at Abaxx and at SmarterMarkets™, and we’re closing out 2025 by revisiting the conversations with our guests that helped us understand and articulate the themes that would come to define the year.

2025 was the year in which we discovered that this was not the energy transition that we were expecting; and the year in which a new geopolitical reality emerged and old geopolitical concerns resurfaced. It was the year featuring a tale of two carbon markets and the need for new weather markets to manage the risks posed by reliance on renewable power. And 2025 was the year in which there was both a new gold rush and a rush into tokenization.

We hope you’ll sit back, relax, and enjoy Part One of our Holiday Special 2025: The Year in Review.

Our guests in order of appearance:

Andy Home – Senior Metals Columnist, Thomson Reuters

SM213 – 1.18.2025 – The State of Play in Battery Metals

Andrea Hotter – Special Correspondent, Fastmarkets

SM214 – 1.25.2025 – The State of Play in Battery Metals

Peter Zaman – Partner, HFW Singapore

SM218 – 2.22.2025 – Carbon Frontiers 2025

Nobuo Tanaka – Executive Director Emeritus, International Energy Agency (IEA)

SM246 – 8.30.2025 – Summer Playlist 2025

Helima Croft – Managing Director & Global Head of Commodity Strategy, RBC Capital Markets

SM245 – 8.23.2025 – Summer Playlist 2025

Dave Ernsberger & Mark Eramo – Co-Presidents, S&P Global Commodity Insights

SM251 – 10.4.2025 – Catching Up On Climate

Rene Velasquez – Managing Partner, Valitera

SM219 – 3.1.2025 – Carbon Frontiers 2025

Mark Lewis – Partner & Managing Director, Climate Finance Partners LLC and Former Head of Research, Andurand Capital

SM216 – 2.8.2025 – Carbon Frontiers 2025

Hannah Hauman – Global Head of Carbon Trading, Trafigura

SM250 – 9.27.2025 – Catching Up On Climate

Theresa Kammel & Pierre Buisson – Originator & Senior Structurer, Weather & Agro Zurich, Munich Re

SM241 – 7.26.2025 – Summer Playlist 2025