Peter
Hug, Director of the Kitco Precious Metals Division,
makes his show debut. Negativity in the retail
market for gold / silver has reached such epic
levels that from a contrarian vantage point,
a price floor could soon materialize.
Our
guest outlines a highly effective / unique investment
portfolio balancing technique that has enabled
his clients to oftentimes outperform the indexes.
Many investors have reaped handsome rewards
form the US equities rally, making stocks overweighted
asset class.
Peter
Hug suggests booking enough stock profits to
maintain at least a 10% balance in the PMs,
which represent a relative bargain.
Once
gold and silver eclipse the former peak, at
that point the 10% portfolio component will
be closer to 20% and a new rebalancing is advisable.
The
guest / host concur that runaway inflation is
inevitable, making the PMs essential components
of every financial security net.
However,
the timing of hyperinflationary episodes is
notoriously uncertain, only exacerbated by unique
/ convoluted quantitative easing operations.
The
purchasing power of the typical household continues
to slide as the inevitable advance of inflation
forces erode the wealth of middle / working
class. The tipping point in the chaotic economic-system
may occur once Fed policymakers slow / halt
rate increases as early as 2019.
The
net affect is setting the launch pad for PMs
price advances. Elsewhere, alternative precious
metals are reviewed, including Rhodium, a scarce
metal used primarily in auto production.
Rhodium
could experience a price squeeze from $4,000
to perhaps $5,000, similar to the 5x advance
in Ruthenium.
Our
guest views the risk of $500 M in US tariffs
(taxes) on imports from China as a potential
threat to the robust domestic economic growth.John
Williams of Shadowstats.com,
a leading online alternative economic-resource
sees the potential for an explosive move in
the PMs sector / commodities.
According to Shadowstats, the official
inflation numbers are significantly understated
- consumers are being robbed as the pace
of price increases exceeds wages.
Shadowstats
finds that the GDP is slowing at a rapid
clip, which will be reflected in next
week's official tally.
Inflation
is typically good news for the commodities
sector, including crude oil, gold, silver
and PMs shares, all of which are poised
from a technical vantage point for a potential
rally.
The
event that leads to the economic tipping
point could be an expectedly sharp decline,
even a crash in the US Greenback.
John
Williams expects that policymakers will
return to quantitative easing (QE) in
an attempt to stabilize the US dollar;
the move could backfire resulting in a
panic to procure inflation safe haven
investments, such as energy shares and
PMs.
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Guest
Bios
John
Williams
Shadowstats.com-
John
Williams
aka
Walter
J.
"John"
Williams
was
born
in
1949.
He
received
an
A.B.
in
Economics,
cum
laude,
from
Dartmouth
College
in
1971,
and
was
awarded
a
M.B.A.
from
Dartmouth's
Amos
Tuck
School
of
Business
Administration
in
1972,
where
he
was
named
an
Edward
Tuck
Scholar.
During
his
career
as
a
consulting
economist,
John
has
worked
with
individuals
as
well
as
Fortune
500
companies.
John
Williams'
Shadow
Government
Statistics
is
a
monthly
electronic
newsletter
that
exposes
and
analyzes
the
flaws
in
current
U.S.
government
data
and
reporting,
as
well
as
in
certain
private-sector
numbers.
It
also
looks
at
the
financial
markets
free
of
the
hype
so
often
put
forth
in
the
popular
financial
media.
Generally
published
on
the
second
Wednesday
of
the
month,
the
newsletter
is
supplemented
by
Flash
Updates
and
occasional
Alerts
that
highlight
unusual
developments.
Wolf
Richter,
founder
of
WolfStreet.com
holds
silver
in
his
investment
portfolio
and
advises
investors
to
buy
and
hold
PMs
in
anticipation
of
the
next
uptrend.
Bill
Murphy
&
Chris
Waltzek
Ph.D.
-
August
10th,
2018.
Head
of
The
Morgan
Report,
David
Morgan
rejoins
the
show
with
comments
on
the
PMs
sector
noting
that
gold
remains
a
"free
lunch"
diversification
asset.
Part
II.
with
Bix
Weir
of
RoadtoRoot-A
continues
the
review
of
the
ever
evolving
crypto-revolution,
including
the
ascent
of
Ethereum
and
its
key
competitors.
Lynette
Zang
&
Chris
Waltzek
Ph.D.
-
May
10th,
2018.
Peter
Kendall,
coeditor
of
The
Elliott
Wave
Financial
Forecast
makes
his
show
debut.
Current
Elliott
Wave
analysis
suggests
that
the
US
shares
indexes
are
registering
ominous
signals.
Wolf
Richter
&
Bill
Murphy
&
Chris
Waltzek
Ph.D.
-
August
10th,
2018.
Peter
Eliades
&
Chris
Waltzek
Ph.D.
-
August
1st,
2017.
Chris
Martenson
Ph.D.
&
Chris
Waltzek
Ph.D.
-
June
7th,
2018.
Raghee
Horner
&
Chris
Waltzek
Ph.D.
-
May
17th,
2018.
