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Peter Schiff & Chris Waltzek Ph.D. - May 24th, 2018.

*

Mp3 format.

 

Highlights

  • Peter Schiff, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX) returns with market commentary.
  • Our guest expects fireworks in the gold and silver shares market, as Fed policymakers backpedal on rate hikes.
  • To save the domestic economy from deflationary collapse, policymakers will turn dovish and expand the balance sheet in the next round of quantitative easing.
  • Investors have already factored in the Fed's rate hike program, which could culminate in a buy the rumor, sell the dollar scenario to the benefit of the PMs.
  • Domestic interest rates continue to ascend due to inordinately high debt / inflation, not the economic growth claimed in reports, according to Peter Schiff. Both the host / guest concur, the net impact will create stagflation.
  • A worst of world's 1970's style inflationary economic-slowdown is inevitable, but on a much greater scale, perhaps culminating in total global financial meltdown.
  • Eventually the euphoria surrounding US equities rally will fade, sending the PMs rocket en route "... to the moon."
  • Peter Schiff suggests high yielding defensive and pharmaceutical stocks, and selected for his clients.
  • The host agrees on the importance of return of funds as well as return on funds, noting that virtually all of the Alpha Stocks Portfolio Candidates include higher than typical dividend yields.

Peter Schiff, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX) returns with market commentary. Our guest expects fireworks in the gold and silver shares market, as Fed policymakers backpedal on rate hikes. To save the domestic economy from deflationary collapse, policymakers will turn dovish and expand the balance sheet in the next round of quantitative easing. Investors have already factored in the Fed's rate hike program, which could culminate in a buy the rumor, sell the dollar scenario to the benefit of the PMs sector. Domestic interest rates continue to ascend due to inordinately high debt / inflation, not the economic growth claimed in reports, according to Peter Schiff. Both the host / guest concur, the net impact will create stagflation., a worst of world's 1970's style inflationary economic-slowdown, but on a much greater scale, perhaps culminating in total global financial meltdown. Eventually the euphoria surrounding US equities rally will fade, sending the PMs rocket en route "... to the moon." In addition to PMs, Peter Schiff suggests high yielding defensive and pharmaceutical stocks, and selected for his clients. The host agrees on the importance of return of funds as well as return on funds, noting that virtually all of the Alpha Stocks Portfolio Candidates include higher than typical dividend yields.

 

Figure 1.1. Bitcoin Billionaire - Richard Heart

Note. Video provided courtesy of Youtube.com.


Bob Hoye & Chris Waltzek Ph.D. - May 23rd, 2018.

* Mp3 download.

 

Highlights

  • Bob Hoye of Institutional Advisors rejoins the show with comments on the global financial bubble.
  • This could be the most exciting time in 400 years for investors, amid robust economic conditions in US equities as well as industrial commodities.
  • The blockchain revolution will transform the field of finance and economics through frictionless and virtually anonymous transactions.
  • Bitcoin / altcoins will satisfy the global demand for a sound, digital and liquid currency.
  • Bob Hoye is somewhat enheartened by a geopolitical, "popular-uprising" that is decentralizing entrenched deep-state interests.
  • The transition will result in the betterment of the masses, similar to the fall of the Berlin Wall in '89.
  • Such upheaval could come with a heavy price tag for the financial markets - he suggests 3-4 year investment grade corporate-bonds.
  • Gold remains the ideal ballast for every investment portfolio, to navigate the imminent unpredictable / rough economic seas.

Bob Hoye of Institutional Advisors rejoins the show with comments on the global financial bubble. This could be the most exciting time in 400 years for investors, amid robust economic conditions in US equities as well as industrial commodities. The blockchain revolution will transform the field of finance and economics through frictionless and virtually anonymous transactions, while improving the efficiency / transparency of government, education and voting. In addition, Bitcoin / altcoins will satisfy the global demand for a sound, digital and liquid currency (figure 1.1.). Bob Hoye is somewhat enheartened by a geopolitical, "popular-uprising" that is decentralizing entrenched deep-state interests, to the delight and betterment of the masses, similar to the fall of the Berlin Wall in '89. Nevertheless, such upheaval could come with a heavy price tag for the financial markets - he suggests 3-4 year investment grade corporate-bonds, in anticipation of a higher US dollar. Plus, gold remains the ideal ballast for every investment portfolio, to navigate the imminent unpredictable / rough economic seas.

Figure 1.1. Dr. Patrick Bryne - Bitcoin Lecture

Note. Video provided courtesy of Youtube.com.


Raghee Horner & Chris Waltzek Ph.D. - May 17th, 2018.

Audio Player

Mp3 download.

Highlights

  • Raghee Horner of SimplerTrading, with 3 decades of trading experience and the author of 3 books, makes her show debut.
  • Gold and cryptocurrencies remain favorite trading markets of our guest; investors are advised to ignore the Bitcoin FUD (fear, uncertainty and doubt).
  • Bitcoin / Altcoins represent the natural progression from the outdated fiat model to a blockchain based monetary system of the future.
  • Investors who feel comfortable with cryptocurrencies are directed to Bitcoin silver, aka, Ethereum (ETH), which could continue to outperform Bitcoin.
  • ETH investors should be treated to a new futures / ETF contracts this year.
  • The guest / host also concur on the energy sector; WTIC reached the 2018 target of $70.
  • The new target of $90-$100 could come to pass as soon as 2018 on continued supply issues amid tensions in the Mideast.
  • Thoughts converge on silver; both expect gold's shiny cousin to outperform on a relative basis while copper remains on the watchlist.

Raghee Horner of SimplerTrading, with 3 decades of trading experience and the author of 3 books, makes her show debut. Gold and cryptocurrencies remain favorite trading markets of our guest; investors are advised to ignore the Bitcoin FUD (fear, uncertainty and doubt) and instead accept Bitcoin / Altcoins as the natural progression from the outdated fiat model to a blockchain based monetary system of the future. Investors who feel comfortable with cryptocurrencies are directed to Bitcoin silver, aka, Ethereum (ETH), which could continue to outperform Bitcoin ahead of the anticipated futures / ETF contracts expected this year. The guest / host also concur on the energy sector; WTIC reached the 2018 target of $70; the new target of $90-$100 could come to pass as soon as 2018 on continued supply issues amid tensions in the Mideast. Again, their thoughts converge on silver; both expect gold's shiny cousin to outperform on a relative basis while copper remains on the watchlist.


Part II. Bix Weir & Chris Waltzek Ph.D. - May 16th, 2018.

Audio Player

Mp3 download.

 

Highlights

  • 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.
  • Competing crypto-script EOS is an ERC-20 token, headed by Dan Lahrimer known for DPoS, while Cardano is run by a former key developer of Ethereum.
  • A strategic advantage of Ethereum is the Turing Complete nature of the Solidity language, which allows scripts to run on the token.
  • While YouTube "experts" use Metcalfe's Law to describe the network value of Bitcoin, Metcalfe's Law is easily debunked using basic statistical modeling.
  • Metcalfe's law holds that peer-to-peer networks such as Bitcoin derive value. via the number of transactions times the number of users.
  • Nevertheless, given that there are a finite number (n) of people, all human based exponential systems are non-asymptotic; growth eventually slows.
  • Due to the highly complex nature of human behavior, the host proposes a unique description of the cryptocurrency "network effect."
  • The progression begins with the exponential, turns to logarithmic and ends in with the parabolic.
  • The model begins with super-linear growth of the exponential n^2 curve, progressing to the more tame ascent of the n*log(n) curve.
  • The system results in the S-curve that completes the life-cycle as the log-parabolic system returns to zero (figure 1.1).
  • Investors are advised to ignore all Bitcoin growth forecasts based on Metcalfe's Law and rely instead on more pragmatic S-curve estimates.
  • The duo dismiss detractors citing the large number of US equities (10,000+) does little to lower overall demand for shares.
  • The thought is further corroborated via comments from Silicon Valley, Bitcoin Billionaire, Tim Draper.
  • Mr. Draper notes (paraphrased) that within 5 years, coffee shops around the US will accept Bitcoin as the currency of choice.
  • BTC / Altcoins offer an alternative to the domestic currency regardless of location worldwide, for currency / financial crises, such as the Great Recession of 2008, as well as the devaluation's of Venezuela and Argentina.

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, EOS, WanChain and Cardano. Competing crypto-script EOS is an ERC-20 token, headed by Dan Lahrimer known for DPoS, while Cardano is run by a former key developer of Ethereum. A strategic advantage of Ethereum is the Turing Complete nature of the Solidity language, which allows scripts to run on the token, such as a cellular automaton, resulting in the potential for nearly exponential growth / adoption. While YouTube "experts" use Metcalfe's Law to describe the network value of Bitcoin, Metcalfe's Law is easily debunked using basic statistical modeling. Metcalfe's law holds that peer-to-peer networks such as Bitcoin derive value via the number of transactions times the number of users: transactions * n^2 = exponential value creation. Nevertheless, given that there are a finite number (n) of people, all human based exponential systems are non-asymptotic; growth eventually slows. Due to the highly complex nature of human behavior, the host proposes a unique description of the cryptocurrency "network effect" that follows the progression from the exponential, to logarithmic to parabolic. For example, the model begins with super-linear growth of the exponential n^2 curve, progressing to the more tame ascent of the n*log(n) curve resulting in the S-curve that completes the life-cycle as the log-parabolic system returns to zero (figure 1.1). Consequently, investors are advised to ignore all Bitcoin growth forecasts based on Metcalfe's Law and rely instead on more pragmatic S-curve estimates. While mainstream pundits express concerns about the growing number of cryptocurrencies, including Bitcoin forks, noting the potential to dilute Bitcoin demand, the duo disagree, citing the large number of US equities (10,000+) does little to lower overall demand for shares. While crypto-detractors claim few use-cases exist, on the contrary, Japan is the perfect use-case for Bitcoin as the digital currency gained legal tender status throughout the nation, proving the real-world usefulness of BTC. The thought is further corroborated via comments from Silicon Valley, Bitcoin Billionaire, Tim Draper who notes (paraphrased) that within 5 years, coffee shops around the US will accept Bitcoin as the currency of choice. In addition, BTC / Altcoins offer an alternative to the domestic currency regardless of location worldwide, for currency / financial crises, such as the Great Recession of 2008, as well as the devaluation's of Venezuela and Argentina.

Figure 1.1. Exponential Growth vs. Log-Parabolic Growth (S-Curve)


Note. Image provided courtesy of Google.com.

Figure 1.2. Dr. Gabor Mate M.D. - The Genius of Healing III

Note. Video provided courtesy of Youtube.com.


Lynette Zang & Chris Waltzek Ph.D. - May 10th, 2018.

* Mp3 file.

 

Highlights

  • Lynette Zang, Chief Market Analyst at ITM Trading makes her show debut with in depth analysis on the risk of global hyperinflation.
  • Thousands of years of monetary history reveals, only gold money is inflation resistant, unlike fiat currency that inevitably inflates away into oblivion.
  • In only 100 years the purchasing power of the dollar has evaporated; data from the Federal Reserve reveals only 4 pennies remain for each one dollar printed.
  • Given the insidious nature of inflation, one would expect monetary policy to be the topic du jour.
  • Nevertheless, a key founder of modern economics, John Maynard Keynes noted, "not one in a million will detect (inflation)."
  • In 1971 the US President granted control of the money supply to bankers by closing the gold window, ending the exchange of Greenbacks for gold.
  • Lynette Zang draws startling parallels between today's financial markets and the Great Depression era of 1930's, including rampant margin leverage of 10:1.
  • An economic calamity may be inevitable, unfolding as soon as 2021.
  • It is advisable to expand their local network to improve the odds of survival and boost household stockpiles of food / medicine / PMs / energy and self-defense.
Lynette Zang, Chief Market Analyst at ITM Trading makes her show debut with in depth analysis on impending global-hyperinflation. Thousands of years of monetary history reveals, only gold money is inflation resistant, unlike fiat currency that inevitably inflates into oblivion. Case in point, according to the official tally of the Federal Reserve, only 4 pennies remain for each one dollar printed over the last century, i.e., the purchasing power has evaporated. Given the insidious nature of inflation, one would expect monetary policy to be the topic du jour. Nevertheless, a key founder of modern economics, John Maynard Keynes noted, "not one in a million will detect (inflation)." In the 1971 the US President handed control of the money supply to bankers by closing the gold window, ending the exchange of Greenbacks for gold. In addition, Lynette Zang draws startling parallels between today's national economy and the Great Depression era of 1930's, including rampant margin leverage of 10:1 and higher, magnifying the financial / economic risks exponentially. Given that the global economy has remained on life support since the 2008 Great Recession, arguably the genesis of the impending Global Reset, investors are advised to prepare for an economic calamity as soon as 2021. It is advisable to expand their local network to improve survival odds as well as boost household stockpiles of food / medicine / PMs / energy / self-defense.

Figure 1.1. Dr. Gabor Mate M.D. - The Genius of Healing II

Note. Video provided courtesy of Youtube.com.


Tim Draper & Chris Waltzek Ph.D. - May 9th, 2018.

* Mp3 file.

 

Highlights

  • Tim Draper, Silicon Valley V.C. legend, author of How to be The Startup Hero, founder of Draper University and Bitcoin expert makes his show debut.
  • In only 5 years, Draper University is already setting the standard in education, with several success stories including a billion dollar crypto-token company.
  • Our guest had the foresight to purchase 30,000 Bitcoins in 2014 from the U.S. Marshals Service auction at around $500 each.
  • In 2014, his forecast of $10,000 BTC by 2017 came to pass ahead of the prediction.
  • Tim Draper expects the $86 trillion global currency market to be eclipsed by Bitcoin / altcoins, which implies a 240x-500x price increase from current levels.
  • His prediction last month of $250k Bitcoin by 2022, resulted in "The Draper Effect" set the floor on the $6,600 price, sending Bitcoin soaring by 50%.
  • He joins the chorus of leading financial gurus calling for $1 million Bitcoin, adding that BTC could climb into the millions per coin.
  • Key qualities of BTC: A store of wealth, ease of transfer, safety relative to traditional banking, less bureaucracy, and frictionless transactions.
  • Additional benefits: governments will compete for their citizens, digitally; easy accessibility for the unbanked masses as well as a parallel monetary system.
  • Tim Draper notes the brain drain of talent and of wealth from regions with draconian legislation towards crypto favorable areas, such as "Crypto-Rico."
  • Puerto Rico offers entrepreneurs a tax safe haven, funneling wealth to the island where officials hope new capital will rebuild the devastated infrastructure.
  • While Japan wisely adopted Bitcoin as legal tender, bringing considerable affluence, other nations have struggled to accept the decentralized blockchain.
  • To paraphrase M. Gandhi: First they laugh at you, next they ignore you, then they attack you, and then you win.
  • Similarly, although JP Morgan and related institutions first rejected Bitcoin, FOMO is rampant on news that Goldman Sachs announced a BTC trading desk.
  • Economists / policymakers and investors who resist the inevitable pull of the crypto-revolution are doomed to mediocrity, while those who adapt to the new trend will improve their odds of success.

Tim Draper, Silicon Valley V.C. legend, author of How to be The Startup Hero, founder of Draper University and Bitcoin expert makes his show debut. In only 5 years, Draper University has set a new standard in education, with several success stories including one graduate who created a billion dollar crypto-token company and another who sold a cancer treatment company for $250 million. Our guest had the foresight to purchase 30,000 Bitcoins in 2014 from the U.S. Marshals Service auction at around $500 each; he subsequently forecasted $10,000 BTC in 2017, which came to pass ahead of the predicted date. Tim Draper expects the $86 trillion global currency market to be eclipsed by Bitcoin / altcoins, which implies a 240x-500x price increase from current levels. Case in point, his latest prediction last month of $250,000 Bitcoin by 2022, which the host terms, "The Draper Effect" set the floor on the $6,600 price, sending Bitcoin higher by 50% in a few weeks. Furthermore, he joins the growing list of leading financial gurus expecting $1 million Bitcoin, adding that BTC could theoretically climb into the millions per coin. Tim Draper notes a few of the key uniquely desirable qualities of BTC, including: A store of wealth, ease of transfer across borders, safety relative to traditional banking, less bureaucracy, frictionless transactions, governments will compete for their citizens sovereign choices, easy accessibility for the unbanked masses around the globe as well as a parallel monetary system in the event of a Venezuela style currency crisis / geopolitical instability. Tim Draper notes the brain drain of talent and of wealth from regions with draconian legislation to crypto favorable areas, such as "Crypto-Rico" (Puerto Rico) that offers blockchain enthusiasts / where entrepreneurs a virtual tax safe haven. State officials hope that the tax breaks will redirect billions to the tiny state to facilitate the rebuilding of the devastated infrastructure in the wake of last year's harrowing Category 5 hurricane that left much of the island powerless. In similar fashion, while Japan has wisely adopted Bitcoin as legal tender, bringing considerable affluence to the land of the rising sun, other nations have struggled to accept the decentralized blockchain concept amid a regime built on a highly centralized model. While JP Morgan and related traditional firms first rejected Bitcoin, they are now scrambling to catch up with their competitors, such as Goldman Sachs, Amazon and IBM, which reportedly have plans for cryptocurrency use cases. It may be safe to infer from the dialogue, that economists / policymakers and investors who attempt to dig in their heels and resist the inevitable pull of the crypto-revolution (similar to the early resistance to email and the Web circa 2000) are doomed to mediocrity, while those who follow Darwin's dogma closely and adapt best to the new trend improve their odds of success.

Figure 1.1. Tim Draper: Bitcoin - The Greatest Technological Revolution

Note. Video provided courtesy of Youtube.com.


Peter Kendall & Chris Waltzek Ph.D. - May 3rd, 2018.

* Mp3 file.

 

Highlights

  • 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.
  • Whereas hard assets such as the precious metals have swung so far out of favor relative to paper assets (stocks/bonds), a multi-year uptrend may be commencing (Figure 1.1.).
  • A new commodities bull market is overdue, which could put paper assets such as US equities under considerable pressure for years while catapulting the PMs and energy sectors skyward.
  • The Elliott Wave Institute expects a deflationary dilemma to impact the global economy due to the nascent trade war, similar to the 1930's Great Depression.
  • The host notes the dissimilarities between the industrially based economy of 1930 and the information age / debt driven economy of 2018.
  • Signs of hyperinflation continue to erupt all over the world, in Venezuela, cryptocurrencies, global housing markets, etc.
  • The host posits that Fed, PBoC, BOE and BoJ policymakers will continue QE / ZIRP procedures resulting first with a 1970's style disinflationary environment.
  • The net result could be a worst of worlds scenario where jobs are sparse and prices erupt, followed by a hyperinflationary "crackup boom" as anticipated by Joseph Schumpeter.
  • The US government is now the leading mortgage lender, with the FHA climbing from 2%-20% of SFH mortgages.
  • According to one media report this week, Fannie Mae required a $4 billion bailout recently to recover from a $6 billion loss, stemming directly from subprime-like policies.
  • By increasing the DTI to 50% and downpayments to merely 3%, officials essentially underwrote a new subprime housing bubble or Echo bubble, further corroborating the hyperinflation thesis.

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 technical signals. On the contrary, hard assets such as the precious metals have swung so far out of favor relative to paper assets (stocks/bonds), a multi-year uptrend may be commencing (Figure 1.1.). When viewed in a graphical context, a new commodities bull market is overdue, which could put paper assets such as US equities under considerable pressure for years while catapulting the PMs and energy sectors skyward to new bull market records (figure 1.1.). The Elliott Wave Institute expects a deflationary dilemma to impact the global economy due to the nascent trade war, similar to the 1930's Great Depression. On the contrary, the host notes the dissimilarities between the industrially based economy of 1930 and the information age / debt driven economy of 2018. In addition, signs of hyperinflation continue to erupt all over the world, in Venezuela, cryptocurrencies, global housing markets, etc. Given that deflation would destroy the housing market while decimating consumer demand (70% of national output) the host posits that Fed, PBoC, BOE and BoJ policymakers will continue QE / ZIRP procedures resulting first with a 1970's style disinflationary environment, resulting in a worst of worlds scenario where jobs are sparse and prices erupt, followed by a hyperinflationary "crackup boom" as anticipated by Joseph Schumpeter. According to one media report this week, the US government is now the leading mortgage lender, with the FHA climbing from 2%-20% of SFH mortgages. Case in point, Fannie Mae required a $4 billion bailout recently to recover from a $6 billion loss, stemming directly from subprime-like policies. By increasing the DTI to 50% and downpayments to merely 3%, officials essentially underwrote a new subprime housing bubble or Echo bubble, further corroborating the hyperinflation thesis.

Figure 1.1. Gold Bull (Commodities) vs. Paper Assets (Stocks)

Note. Graph courtesy of IASG.com.

Figure 1.2. Dr. Gabor Mate M.D. - The Genius of Healing

Note. Video provided courtesy of Youtube.com.


Wolf Richter & Chris Waltzek Ph.D. - May 2nd, 2018.

* Mp3 file.

Note: Image courtesy of RT.

Highlights

  • Wolf Richter, founder of WolfStreet.com returns to the show with cautionary comments on the US financial sector.
  • Unlike many Wall Street bears, Wolf Richter does not expect the markets to implode, but instead, following a decade of record growth, stocks / bonds could under perform expectations.
  • Although our guest does not view himself as a 'Gold-Bug' per se, he does note the positive portfolio-balancing qualities of gold / silver / shares.
  • The discussion includes a recent article he penned on the housing sector, which reviews key US cities that have eclipsed their former 2006 housing bubble peaks.
  • While real estate is a local market where many regions / towns remain fairly valued, on the contrary Wolf Richter finds key major cities with SFH prices at potentially frothy levels.
  • Our guest reports encounters with the ominous mantra, "Housing can only go up in price," suggesting from a contrarian perspective, the US SFH market may be ripe for a price correction. Quicken Loans is now the leading US mortgage lender, specializing in infamous subprime mortgages via bond issuance's.
  • Given that the company is unbacked by traditional agencies, without a "Fed put" to protect against exposure, the situation may represent a loose cornerstone in the foundation.
  • Key takeaway - capital preservation should be the top priority - bank CDs / Treasury-Bills offer a small yield and may help shield investors from unwanted volatility in the financial markets while the PMs improve investment portfolio beta balance.

Wolf Richter, founder of WolfStreet.com returns to the show with cautionary comments on the US financial sector. Unlike many Wall Street bears, Wolf Richter does not expect the markets to implode, but instead, following a decade of record growth, stocks / bonds could under perform expectations for many years to come. Although our guest does not view himself as a 'Gold-Bug' per se, he does note the positive portfolio-balancing qualities of gold / silver / shares, while underscoring this essential quality for exceptional investment returns. The discussion includes a recent article he penned on the housing sector, which reviews key US cities that have eclipsed their former 2006 housing bubble peaks, according to the new Case - Schiller Housing index report. While real estate is a local market where many regions / towns remain fairly valued, on the contrary Wolf Richter finds key major cities with SFH prices at potentially frothy levels. Our guest reports encounters with the ominous mantra, "Housing can only go up in price," suggesting from a contrarian perspective, the US SFH market may be ripe for a price correction. In addition, Quicken Loans is now the leading US mortgage lender, specializing in infamous subprime mortgages via bond issuance's. Given that the company is unbacked by traditional agencies, without a "Fed put" to protect against exposure, the situation may represent a loose cornerstone in the foundation of the domestic housing market. Key takeaway - capital preservation should be the top priority - bank CDs / Treasury-Bills offer a small yield and may help shield investors from unwanted volatility in the financial markets while the PMs improve investment portfolio beta balance.

Figure 1.1. Max & Stacey, Crushin'-It at the Crypto Conference (Explicit Language)

Note. Video provided courtesy of Youtube.com.


Part I. Bix Weir & Chris Waltzek Ph.D. - April 26th, 2018.

Audio Player

Mp3 download.

 

Highlights

  • Part I. with Bix Weir of RoadtoRoot-A continues the ongoing investigation into the intriguing crypto-phenomenon, which may be the early adopter stage of a ubiquitous revolution.
  • Blockchain promises incalculable boosts in productivity while delivering unprecedented reductions in expenses.
  • Similar to email vs. snailmail, the significance of the improvement is difficult to convey without actually using the technology.
  • Bix Weir notes that the new blockchain technology involves innovation on a scale that humanity may have never experienced until today.
  • The host estimates the world may be witnessing the genesis of a new $1 trillion industry; the Digital Collectibles Mania (think of beanie babies on steroids), involves ETH contracts.
  • One crypto asset (CA) sold for $250k last December.
  • A CA is just an Ethereum contract or a digital asset, with several interesting features coded into the Solidity language.
  • CAs actually mimic DNA, morphing with each iteration, similar to the core of the blockchain hashing process or algorithm.
  • The non-fungibility aspects of the ERC-721 protocol differs from the typical ERC-20, because unlike Bitcoin or Ethereum, which are fungible.
  • Non-fungible ERC-721 tokens yield unique assets, representing a big game changer. Simply put, the previous ledger is interpolated via new transactions.
  • Its further proposed that new crypto-collectibles will emerge from the existing Github code such as cryptomasterpiece-artwork assets and classical music, based on AI versions.
  • Nearly anything imaginable could be emulated on the blockchain, such as virtual trading AI that improves profitability based on inherent DNA.
  • ERC-721 + internet + crypto = a $10 billion dollar industry, potentially and it’s only $10 million in size currently.
  • CA could erupt into a Tulip Mania that is arguably less than 3 months old.

 

Part I. with Bix Weir of RoadtoRoot-A continues the ongoing investigation into the intriguing crypto-phenomenon, which may be the early adopter stage of a ubiquitous revolution in the fields of finance / economics / education / government and technology. Blockchain promises incalculable boosts in productivity while delivering unprecedented reductions in expenses. Similar to email vs. snailmail, the significance of the improvement is difficult to convey without actually using the technology. Bix Weir notes that the new blockchain technology involves innovation on a scale that humanity may have never experienced until today. The host estimates the world may be witnessing the genesis of a new $1 trillion industry; the Digital Collectibles Mania (think of beanie babies on steroids), involves ETH contracts, which stunned the world on news that one crypto asset (CA) sold for $250,000 last December. A CA is just an Ethereum contract or a digital asset, with several interesting features coded into the Solidity language. CA actually mimics DNA, morphing with each iteration, similar to the core of the blockchain hashing process or algorithm. The non-fungibility aspects of the ERC-721 protocol differs from the typical ERC-20, because unlike Bitcoin or Ethereum, which are fungible, meaning you can exchange any one coin for another coin, just like real dollars or coins; non-fungible ERC-721 produces unique assets, representing a big game changer. Simply put, the previous ledger is interpolated via new transactions or DNA, resulting in an entirely new block or an offspring. Its further proposed that new crypto-collectibles will emerge from the existing Github code such as cryptomasterpiece-artwork assets and classical music, based on AI versions of the classics. Nearly anything imaginable could be emulated on the blockchain, such as virtual trading AI that improves profitability based on inherent DNA like features, increasing in value with each iteration / hash: computer code + internet + crypto = $10 billion dollar industry and it’s only $10 million in size currently; a potential Tulip Mania that is arguably less than 3 months old.

Figure 1.1. Crypto-Collectibles/Assets: Potentially a $10 Billion Market?

Note. Video provided courtesy of Youtube.com.


Chris Powell & Chris Waltzek Ph.D. - April 25, 2018.

*

Mp3.

Highlights

  • Chris Powell of GATA.org returns from a speaking tour in Hong Kong and Singapore including CNBC and Bullion Star, with intriguing research on the Bank of International Settlements (BIS).
  • Purportedly, the BIS increased its gold swaps to 500+ tons for banking members, suggesting interested by emerging interest by central bankers and a gold supply shortage.
  • GATA.org is thoroughly convinced that all major central banks, worldwide are materially culpable for the precious metals manipulation scheme, as outlined in their literature.
  • According to our guest, the resulting from paper schemes amounts to a short position that cannot be covered making physical gold / silver "spectacularly undervalued."
  • Market forces could return the prices of the PMs back to their equilibrium point as governments experiment with a worldwide currency revaluation.
  • The host echoes the prescient sentiments of arguably the greatest American economist of the past 50 years, Milton Friedman, who called for internet money or "eCash" in 1999.
  • Friedman's comments were a decade ahead of the Bitcoin genesis, as an essential ingredient to the new Internet / financial revolutions.
  • While Bitcoin / altcoin detractors worry over the legitimacy of blockchain technologies, the host posits that not only does the burgeoning industry represent the future of finance, but of government, voting, healthcare, accounting, legal services and education, inevitably impacting every level of global society in a positive fashion.

Chris Powell of GATA.org returns from a speaking tour in Hong Kong and Singapore including CNBC and Bullion Star, with intriguing research regarding the Bank of International Settlements (BIS). Purportedly, the BIS has increased its gold swaps to 500+ tons for banking members, suggesting interested by emerging interest by central bankers and a gold supply shortage and potentially obfuscation of the shortage by policymakers. GATA.org is thoroughly convinced that all major central banks, worldwide are materially culpable for the precious metals manipulation scheme, as outlined in their literature. According to our guest, the resulting from paper schemes amounts to a short position too largest to be covered, making physical gold / silver "spectacularly undervalued." Market forces could return the prices of the PMs back to their equilibrium point as governments experiment with a worldwide currency revaluation. The host echoes the prescient sentiments of arguably the greatest American economist of the past 50 years, Milton Friedman, who called for internet money or "eCash" in 1999, a decade ahead of the Bitcoin genesis, as an essential ingredient to the new Internet / financial revolutions. While Bitcoin / altcoin detractors worry over the legitimacy of blockchain technologies, the host posits that not only does the burgeoning industry represent the future of finance, but of government, voting, healthcare, accounting, legal services and education, inevitably impacting every level of global society in a positive fashion.

Figure 1.1. Chris Powell - Bullion Star Interview

Note. Video provided courtesy of Youtube.com and Bullionstar.com.


John Williams & Chris Waltzek Ph.D. - April 19th, 2018.

Mp3 file.

Highlights

  • 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.
  • The troubling sign for the domestic economy could result in the first recession amid one of the longest economic expansions in US history.
  • 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.

John Williams of Shadowstats.com, a leading online alternative economic-resource sees the potential for an explosive move in the PMs sector / commodities amid troubling signs in the domestic economy. According to Shadowstats, the official inflation numbers are significantly understated - consumers are being robbed at the gas pump / store 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, a troubling sign for the domestic economy, which could result in the first recession amid one of the longest economic expansions in US history. Nevertheless, inflation is typically good news for commodities sector, including crude oil, gold, silver and PMs shares, all of which are poised from a technical vantage point for a potential rally of epic proportions. 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.

Figure 1.1. Novogratz on the Crypto-Revolution

Note. Video provided courtesy of Youtube.com.


CEO Erik Voorhees, Shapshift.io & Chris Waltzek Ph.D. - April 19th, 2018.

Mp3 format. **

Highlights

  • Erik is CEO of the instant Bitcoin and altcoin exchange, ShapeShift.io, a groundbreaking coin / token service that facilitates quick and virtually free exchange of nearly any cryptocurrency.
  • A Bitcoin holder who wishes to convert BTC for Litecoin or any other currency, can do so online without the hassle or invasiveness of setting up a personal / business account.
  • ShapeShift.io does not hold the clients coins, but merely purchases their coins and sells the altcoin of their choice from the existing ShapeShift.io inventory, simplifying the process.
  • The ease and relative anonymity of ShapeShift.io are the most appealing aspects of this service and the brainchild of the forward-thinking CEO, Erik Voorhees.
  • Our guest was a key consultant on the Denver based, SALT lending platform, a crowdunded, blockchain lending service that facilitates borrowing against BTC without capital gains issues.
  • SALT deploys a uniquely dynamic, margin-algorithm that vastly reduces the likelihood of a margin call given the higher than typical volatility of the underlying asset markets.
  • By using crypto assets as collateral, SALT sidesteps the need for credit scores as well as draconian regulatory issues / hurdles, returning value and anonymity to the participants.
  • Erik Voorhee's prime directive involves replacing outdated fiat money with sound cryptocurrency, returning wealth to the rightful owners, "We the people..." (figure 1.1.).
  • The discussion includes the 20 fold ascent of Bitcoin in 2017 and the subsequent micro-bubble in altcoins.
  • Our guest notes 4 such bubbles have passed and he expects more to unfold as Bitcoin / altcoins dethrone fiat currencies as sound money.
  • The dialogue turns to the much-anticipated Bitcoin forecast of top Silicon Valley venture-capitalist and crypto-pioneer, Tim Draper.
  • Mr. Draper expects Bitcoin to increase by 30 fold from current levels en route to $250,000 by 2020.
  • Although a lofty, speculative target, Tim Draper was one of the few to anticipate $10,000 Bitcoin, when the price was merely $500 per coin.
  • In recent interviews Mr. Draper outlined huge disruptive opportunities to improve overcall efficiency / productivity in healthcare and government (figure 1.2.).
  • Erik Voorhees cautions investors to first do considerable due diligence before entering the world of cryptocurrencies.
  • The speculative nature of the sector increases risk beyond the tolerances of typical comfort levels.
  • It is advisable to assume the investment is vulnerable to declining to zero and to maintain a healthy dose of skepticism - the host shares his sentiments.

Goldseek is honored to welcome Erik Voorhees, a key founder of the crypto-revolution on his show debut. Erik is CEO of the instant Bitcoin and altcoin exchange, ShapeShift.io, a groundbreaking coin / token service that facilitates quick and virtually free exchange of nearly any cryptocurrency. For instance, a Bitcoin holder who wishes to convert BTC for Litecoin or any other currency, can do so online without the hassle or invasiveness of setting up a personal / business account. ShapeShift.io does not hold the clients coins, but merely purchases their coins and sells the altcoin of their choice from the existing ShapeShift.io inventory, simplifying the process significantly. The ease and relative anonymity of ShapeShift.io are the most appealing aspects of this service and the brainchild of the forward-thinking CEO, Erik Voorhees. Our guest was a key consultant on the Denver based, SALT lending platform, a crowdunded, blockchain-backed lending service that facilitates borrowing against cryptocurrencies such as Bitcoin without realizing enormous capital gains. SALT deploys a unique, dynamic margin-algorithm that vastly reduces the likelihood of a margin call given the higher than typical volatility of the underlying asset markets. By using crypto assets as collateral, SALT sidesteps the need for a credit score as well as draconian regulatory issues / hurdles, returning value and anonymity to the participants while eliminating the inefficiency of the typical middleman. Erik Voorhee's prime directive involves replacing outdated fiat money with sound cryptocurrency, returning wealth to the rightful owners, "We the people..." to the benefit of the global economy and humankind (figure 1.1.). The discussion includes the 20 fold ascent of Bitcoin in 2017 and the subsequent micro-bubble in altcoins; our guest notes 4 such bubbles have passed and he expects more to unfold as Bitcoin / altcoins dethrone fiat currencies as sound money. The dialogue turns to the much-anticipated Bitcoin forecast of top Silicon Valley venture-capitalist and crypto-pioneer, Tim Draper. Mr. Draper expects Bitcoin to increase by 30 fold from current levels en route to $250,000 by 2020. Although a lofty, speculative target, Tim Draper was one of the few to anticipate $10,000 Bitcoin, when the price was merely $500 per coin. In recent interviews Mr. Draper outlined huge disruptive opportunities to improve overcall efficiency / productivity in healthcare and government, noting his VC firm is targeting those two areas, specifically (figure 1.2.). Erik Voorhees cautions investors to first do considerable due diligence before entering the world of cryptocurrencies - the speculative nature of the sector increases risk beyond the tolerances of typical comfort levels; it is advisable to assume the investment is vulnerable to declining to zero and maintain a healthy dose of skepticism - the host shares his sentiments.

Figure 1.1. Erik Voorhees - Role of Bitcoin as Money

Note. Video provided courtesy of Youtube.com.

Figure 1.2. Tim Draper's Bitcoin Forecast - $250,000 by 2020

Note. Video provided courtesy of Youtube.com.

** Note. Disclosure - The show host was not compensated in any capacity by ShapeShift.io or SALT, and holds no tokens / shares in either company. This interview is presented only as informational / educational content and must neither be construed as investment advice nor as an endorsement of the tokens / coins. Goldseek.com LLC and the host are not registered financial advisors and cannot accept liability for the outcome of any investment decision. Speculative investments involve extreme volatility and higher than typical risks.


Listeners' Q&A - Chris Waltzek Ph.D. - April 12th, 2018.

Mp3 format.

 

Highlights

  • The latest Listener's Q&A segment includes phone calls on the increasingly popular topics of silver and Bitcoin from Tom in Arizona, John in Sunny San Diego and an anonymous caller.
  • Tom starts off the segment, noting that he’s heard that many of the silver dealers are running low on their stockpiles and he wonders why the price remains subdued amid low supply.
  • John is also perplexed by the silver market scenario.
  • Chris suggests that the improving fundamentals have boosted the technical case for a renewed silver bull market.
  • For instance it appears that the downtrend was competed in 2015 and a solid base formed in 2016/2017 which could launch pad for a new advance to multi-year highs of $28-$30.
  • By observing the long-term trend, investors will gain insights into the strength / endurance of the silver price advance.
  • The second caller finds a correlation between the announcement of a BTC futures contract on the CBOE and the 100% advance in BTC in Dec. 2017, followed by a subsequent 50% decline.
  • Several key experts in the field refute the futures market thesis, citing instead seasonal factors combined with lack of liquidity.
  • In Dec. 2017, leading BTC exchanges turned down hundreds of thousands of applications for new accounts.
  • At one point Bitfinex accounts were actually put up for sale, for several thousands of dollars, online.
  • Large delays in buying Bitcoin, even on Coinbase, where investors were expected to overcome time-based hurdles as a security feature, to build trust over time added to a supply bottleneck. The situation accelerated demand to euphoric levels.
  • If the futures contract scenario were truly to blame then the readily available BTC ETF, ticker GBTC would be the go-to alternative and was actively traded on the NYSE since 2016.
  • Chris posits that the bottleneck scenario could return at the end of 2018/2019 as institutional investor demand increases.
  • As demand grows exponentially, futures and options markets may resize contracts to reflect dwindling demand, so that the typical contract size of 1 BTC could drop sharply.

The latest Listener's Q&A segment includes phone calls regarding the silver and Bitcoin markets from Tom in Arizona, John in Sunny San Diego and an anonymous caller. Tom starts off the segment, noting rumors that silver dealers are running low on their stockpiles and he wonders why the price remains subdued amid low supply - John is also perplexed by the silver market scenario. Chris suggests that the improving fundamentals are boosting the technical case for a renewed silver bull market. Moreover, it appears that the downtrend was competed in 2015 and a solid base formed in 2016/2017 which could provide the launch pad for a new advance to multi-year highs of $28-$30 if support holds. By observing the long-term trend, investors will gain insights into the strength / endurance of the silver price advance. The second caller finds a correlation between the announcement of a BTC futures contract on the CBOE and the 100% advance in BTC in Dec. 2017, followed by a subsequent 50% decline. Several key experts in the field question the validity of the futures market thesis, citing instead seasonal factors combined with a lack of liquidity. Case in point, in Dec. 2017, leading BTC exchanges turned down hundreds of thousands of applications for new accounts. At one point Bitfinex accounts were advertised online for sale, for several thousands of dollars. Add to the situation the large delays in buying Bitcoin, including Coinbase, where investors were expected to overcome time-based hurdles as a security feature, to build trust over time and the resulting supply bottleneck may have accelerated demand to euphoric levels. If the futures contract scenario were truly to blame then the BTC ETF, ticker GBTC already provided an alternative and actively traded on the NYSE since 2016. Chris posits that the bottleneck scenario could return at the end of 2018/2019 as institutional investor demand increases. As demand grows exponentially, futures and options markets may resize contracts to reflect dwindling supply, so that the typical contract size of 1 BTC could drop sharply.

Figure 1.1. The Gig Economy - On Contact with Chris Hedges

Note. Video provided courtesy of Youtube.com and RT.


Bill Murphy & Chris Waltzek Ph.D. - April 11th, 2018.

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Highlights

Bill Murphy of GATA.org says it's business as usual in the markets; the gold / silver price rigging continues to plague the sector. Nevertheless, dovish comments from the new Federal Reserve Chairman, Jerome Powell, suggests a relative value in commodities relative to shares and paper assets, amid inflationary economic numbers, such as wage / asset inflation. Plus, the World Gold Council notes gold reached peak supply in 2017, suggesting that lower output could increase demand pushing price to $1,500 in 2018. Bill Murphy thinks this forecast is tame, his analysis suggests that once the selling passes, the price ascent will be so abrupt that late comers will be unable to procure good bargains. Adding to the bullish case, Gold Money Director, Alistair MaCleod recently made a compelling case for the US dollar to continue in its downward trajectory. Bill Murphy emphasizes the point that many guests continue to make on the show - gold / silver may be the best value available in the markets at current prices. Case in point, Venezuela's President Maduro, just removed 3 zeros from the currency supply, reducing a 1,000 Bolivar note to merely 1 Bolivar via a keystroke - the hyperinflationary economic disaster represents a de facto warning siren to all global inhabitants, that systemic currency disaster can unfold in less than one year's time, wrecking havoc on unsuspecting, hardworking citizens. In addition, a single gold coin held in the nation made the holder wealthy, increasing the relative purchasing power to 70 million Bolivars (figure 1.1.).

Figure 1.1. US Dollar vs. Venezuelan Bolivar - Modern Hyperinflation

Note. Chart provided courtesy of Wikipedia.

 

Figure 1.2. Keiser Report - Surveillance Capitalism

Note. Video provided courtesy of Youtube.com and RT.


Peter Grandich & Chris Waltzek Ph.D. - April 10th, 2018.

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Mp3 format.

 

Highlights

  • Peter Grandich of Peter Grandich and Company and Pete Speaks returns with commentary on the US stock market and the PMs sector.
  • Topping the financial headlines; the trade war between Washington DC and China, as well as the new Shanghai gold backed yuan-petro futures exchange.
  • While our key trading partners, China / Russia continue to stockpile sound money, i.e., gold / silver, the West is doubling down on debt.
  • Students of Austrian Economics learn that debt = bondage; a concept well understood by the national founders.
  • Benjamin Franklin noted, "Rather go to bed without dinner than to rise in debt... If you know how to spend less than you get, you have the philosopher's stone..."
  • Thomas Jefferson famously said, "To preserve our independence, we must not let our rulers load us with perpetual debt."
  • More recently, Yogi Berra said, "You can observe alot, just by watching," in similar fashion, the national debt just topped $21 trillion, $21,000,000,000,000.
  • Current estimates of US Federal Deficit spending approaching $1 trillion, annually.
  • So it's not surprise to learn that one leading money manager, Seth Klarman, just advised clients to drastically increase cash levels in their investment portfolios.
  • Warren Buffett says that when he retires, there are three people he would like to manage his money. First is Seth Klarman of the Baupost Group.
  • Peter Grandich and the host share Seth Klarman's cautious outlook on US equities and related securities, at least until valuation metrics return to equilibrium levels.
  • The overextended S&P 500 price-to-earnings figure of 24, has a historical mean of of 15.70.
  • In comparison, the PMs sector remains a deeply discounted levels relative to paper assets as the commodities / S&P ratio suggests a new commodities bull market is imminent.
  • Top financial market technician, Clive Maund presents a compelling case for the resumption of the long-term silver bull market (figure 1.2.).
  • The host notes that India may outlaw Bitcoin / crypto wallets, setting the stage for improved demand in gold / silver, as millions abandon digital money for traditional safe haven alternatives.

Peter Grandich of Peter Grandich and Company and Pete Speaks returns with commentary on the US stock market and the PMs sector. Topping the financial headlines; the trade war between Washington DC and China, as well as the new Shanghai gold backed yuan-petro futures exchange. While our key trading partners, China / Russia continue to stockpile sound money, i.e., gold / silver, the West is doubling down on debt. Nevertheless, students of Austrian Economics learn that debt = bondage; a concept well understood by the national founders:

Benjamin Franklin noted, "Rather go to bed without dinner than to rise in debt... If you know how to spend less than you get, you have the philosopher's stone...
Think What You Do When You Run in Debt: You Give to Another Power over Your Liberty
"

Thomas Jefferson famously said, "To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude... I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale... It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world."

More recently, Yogi Berra said, "You can observe allot, just by watching," in similar fashion, the national debt just topped $21 trillion, $21,000,000,000,000, with current estimates of US Federal Deficit spending approaching $1 trillion, annually. So it's not surprise to learn that one leading money manager, Seth Klarman, author of Margin of Safety and founder of $32 billion hedge fund The Baupost Group, who correctly turned to cash in 2000 / 2008, just advised clients to drastically increase cash levels in their investment portfolios. Warren Buffett reportedly had this to say about Seth Klarman's investing acumen:

Buffett says that when he retires, there are three people he would like to manage his money. First is Seth Klarman of the Baupost Group, who you will hear from later in the course. Next is Greg Alexander. Third is Li Lu.

Peter Grandich and the host share Seth Klarman's cautious outlook on US equities and related securities, at least until valuation metrics return to equilibrium levels, such as the overextended price-to-earnings figure of 24, with a mean of of 15.70. In comparison, the PMs sector remains a deeply discounted levels relative to paper assets as the commodities / S&P ratio suggests a new commodities bull market is imminent, as noted by Charles Hughes Smith (Figure 1.1.). In addition, top financial market technician, Clive Maund presents a compelling case for the resumption of the long-term silver bull market (figure 1.2.). The host notes that India may outlaw Bitcoin / crypto wallets, setting the stage for improved demand in gold / silver, as millions abandon digital money for traditional safe haven alternatives.

Figure 1.1. Imminent Bull Market in Commodities / Gold / Silver / Oil?

Note. Image provided courtesy of Google Images.

Figure 1.2. Signs of a New Silver Bull Market

Note. Image courtesy of clivemaund.com.


Part II. Bix Weir & Chris Waltzek Ph.D. - April 5th, 2018.

Audio Player

Mp3 download.

 

Highlights

  • Part II. of the discussion with Bix Weir of RoadtoRoot-A continues the intriguing dialogue on silver and Bitcoin.
  • As a GATA.org colleague, Bix Weir notes that the silver market is rigged - manipulators have the upper hand, but only for the time being.
  • JP Morgan holds over 134 million ounces of silver, up from zero ounces in just few years, but our guest thinks the actual figure is several fold the official tally, nearly 1 billion silver ounces.
  • JP Morgan could hold ten fold the stockpile of the infamous Hunt Brothers, known for the 1980's silver market corner / squeeze.
  • The death of the archaic fiat money system is inevitable, nevertheless, cryptocurrencies will not be the root cause, but a natural evolution to more functional / useful money.
  • Cryptos offer global inhabitants freedom of choice to choose a much safer token as a unit of value / utility with highly efficient payment options, convenience and improved anonymity.
  • The founders of the USA would recognize these as inalienable traits, the absolute hallmark of personal freedom and foundation of the United States' Bill of Rights.
  • The long established Gresham's Law actually predicts the enormous price ascent of Bitcoin / Ethereum, etc.; as bad money (fiat) naturally inflates the value of sound money (cryptos).
  • An algorithm resistant to SHA256 ASIC / GPU, exclusively for mobile devices could yield a "killer-app," to ignite an entirely new "crypto-mobile" revolution.
  • Similar to the Sieve of Eratosthenes, the host proposes a new prime factorization algorithm "The Sieve of Erdos", in honor of the greatest number theorist of the last century, Paul Erdos
  • The proprietary technique could vastly reduce the heat / energy effects of traditional mobile device mining methods, relying instead on memory intensive techniques.

Part II. of the discussion with Bix Weir of RoadtoRoot-A continues the intriguing dialogue on silver and Bitcoin As a GATA.org colleague, Bix Weir notes that the silver market is rigged - manipulators have the upper hand, but only for the time being. Official records show that JP Morgan holds over 134 million ounces of silver, up from zero ounces in just few years, but our guest thinks the actual figure is several fold the official tally, nearly 1 billion silver ounces, ten fold the stockpile of the infamous Hunt Brothers, known for the 1980's silver market corner / squeeze. The death of the archaic fiat money system is inevitable, nevertheless, cryptocurrencies will not be the root cause, but a natural evolution to more functional / useful money. Cryptos offer global inhabitants freedom of choice to choose a much safer token as a unit of value / utility with highly efficient payment options, convenience as well as improved anonymity, the absolute hallmark of personal freedom and foundation of the United States' Bill of Rights. The long established Gresham's Law actually predicts the enormous price ascent of Bitcoin / Ethereum, etc.; as bad money (fiat) naturally inflates the value of sound money (cryptos). The discussion includes an interesting brainstorm for identifying an algorithm resistant to SHA256 ASIC / GPU, exclusively for mobile phone, iPhone / Android crypto-mining, a "killer-app," to ignite an entirely new "crypto-mobile" revolution. Similar to the Sieve of Eratosthenes, the host proposes a new prime factorization algorithm "The Sieve of Erdos", in honor of the greatest number theorist of the last century, Paul Erdos The proprietary technique could vastly reduce the heat / energy effects of traditional mobile device mining methods, relying instead on memory intensive techniques.

Figure 1.1. Keiser Report - Silver King, David Morgan

Note. Video provided courtesy of Youtube.com and RT.


Eagle Plains Resources Ltd. CEO, Tim J. Termuende & Chris Waltzek Ph.D. - April 4th, 2018

 

 

Audio Player

Mp3 download.

Highlights

  • The head of Eagle Plains Resources Ltd., CEO Tim J. Termuende, makes his show debut.
  • Eagle Plains Resources is a mineral explorer located in Western Canada that seeks key deposits of gold, base metals, uranium, rare earth elements, and industrial minerals.
  • Eagle Plains Resources enhances shareholder value through the acquisition and development of early stage mineral exploration projects.
  • The first key to the success of their “Project Generator - A Risk Averse Business Model,” involves building symbiotic relationships with partner companies.
  • Partners fund exploration as well as make cash and share payments to the benefit of Eagle Plains shareholders.
  • The business model includes the acquisition of new mineral discoveries, where Eagle Plains reserves the right to “spinout its interest of that project into a new company.
  • For instance, on March 8, 2018, Eagle Plains Resources received an Interim Order for a proposed spinout of Taiga Gold Corp; the meeting date is set for April 6, 2018.
  • Shares of such new companies are distributed to existing Eagle Plains shareholders.
  • The second key to the success of The Eagle Plains project-generator involves earning “royalties on properties that have been vended to third parties by Eagle Plains" (Eagle Plains, 2018).
  • Currently Eagle Plains maintains royalties on over 15 projects held by junior to senior mining and exploration companies (Eagle Plains, 2018).
  • For example on March 20, 2018 the company announced an option partnership with SSR Mining Inc. (formerly Silver Standard Resources Inc., SSRM).
  • New drilling operation on Eagle Plain’s Fisher Property, Phase One of which is expected to finish by June, 2018 (Eagle Plains Resources, 2018).
  • Shareholders were treated to another key strategic partnership, announced in late 2016 with Aben Resources Ltd. (TSX-V: “ABN”).
  • The deal involves Eagle Plains Resources' wholly owned Chico Gold Project located 125km east of La Ronge, Saskatchewan (Eagle Plains Resources, 2018).
  • Earlier this year on January 31, Eagle Plains Resources acquired new claims at the Knife Lake Area near Sandy Bay, Saskatchewan (Eagle Plains Resources, 2018).
  • In the same month, Eagle Plains Resources executed an option agreement with CRC Minerals Inc., which may earn up to a 75% interest in the Acacia property located near Kamloops, B.C.
  • The host encourages the listener's to due their own due diligence on Eagle Plains Resources Ltd., a favorite portfolio candidate of top PMs shares analyst, Peter Spina.
  • The ticker symbol can be found on the TSX Venture Exchange, under EPL and on USA exchanges under ticker symbol: EPL.v.

The head of Eagle Plains Resources Ltd., CEO Tim J. Termuende, makes his show debut. Eagle Plains Resources is a mineral explorer located in Western Canada that seeks key deposits of gold, base metals, uranium, rare earth elements, and industrial minerals. Eagle Plains Resources enhances shareholder value through the acquisition and development of early stage mineral exploration projects. The first key to the success of their “Project Generator - A Risk Averse Business Model,” involves building symbiotic relationships with partner companies to advance exploration projects (Eagle Plains Resources, 2018). Partners fund exploration as well as make cash and share payments to the benefit of Eagle Plains shareholders. The business model includes the acquisition of new mineral discoveries, where Eagle Plains reserves the right to “spinout its interest of that project into a new company to make it available for procurement" (Eagle Plains, 2018). For instance, on March 8, 2018, Eagle Plains Resources received an Interim Order for a proposed spinout of Taiga Gold Corp; the meeting date is set for April 6, 2018. Shares of such new companies are distributed to existing Eagle Plains shareholders. The second key to the success of The Eagle Plains project-generator involves earning “royalties on properties that have been vended to third parties by Eagle Plains" (Eagle Plains, 2018). Currently Eagle Plains maintains royalties on over 15 projects held by junior to senior mining and exploration companies (Eagle Plains, 2018). For example on March 20, 2018 the company announced an option partnership with SSR Mining Inc. (formerly Silver Standard Resources Inc., SSRM), which began a new drilling operation on Eagle Plain’s Fisher Property, Phase One of which is expected to finish by June, 2018 (Eagle Plains Resources, 2018). Shareholders were treated to another key strategic partnership, announced in late 2016 with Aben Resources Ltd. (TSX-V: “ABN”), involving Eagle Plains Resources wholly owned Chico Gold Project located 125km east of La Ronge, Saskatchewan (Eagle Plains Resources, 2018). Earlier this year on January 31, Eagle Plains Resources acquired new claims at the Knife Lake Area near Sandy Bay, Saskatchewan (Eagle Plains Resources, 2018). In the same month, Eagle Plains Resources executed an option agreement with CRC Minerals Inc., which may earn up to a 75% interest in the Acacia property located near Kamloops in central British Columbia, held by Eagle Plains since 2001 with no underlying royalties or encumbrances (Eagle Plains Resources, 2018). The host encourages the listener's to due their own due diligence to determine if Eagle Plains Resources Ltd., a favorite portfolio candidate of top PMs shares analyst, Peter Spina, is a good fit for their investment portfolio. The ticker symbol can be found on the TSX Venture Exchange, under EPL and on USA exchanges under ticker symbol: EPL.v.

** Note. Disclosure - The show host was not compensated in any capacity by Eagle Plains Resources Ltd. This interview is presented only as informational / educational content and must not be construed as investment advice or as an endorsement of the shares. Goldseek.com LLC and the host are not registered financial advisors and cannot accept liability for the outcome of any investment decision. Penny stocks involve extreme volatility and higher than typical risks.


Part I. Bix Weir & Chris Waltzek Ph.D. - March 29, 2018.

Audio Player

Mp3 download.

 

Highlights

  • Part I of the discussion of Bix Weir of RoadtoRoot-A includes comments on silver and Bitcoin
  • While gold remains the de facto king of currencies, Bix Weir outlines his highly bullish case for silver.
  • The duo agree, silver represents an ideal safe haven as a hedge against the Echo Bubble, which threatens to ignite the Great Recession II.
  • While research suggests the Comex gold / silver ratio is 100:1, our guest identifies a competing figure of 2,000:1, paper to bullion.
  • The supply situation is just as impressive; although the gold / silver ratio is near 80:1, the empirical ratio is 1:1, as stockpiles of gold exceed that of silver.
  • The theoretical value of silver is $1,000+, a 50+ fold relative discount to current prices.
  • In 2016 100 billion ounces of silver is currently traded on exchanges, although only 50 billion ounces exist, ergo the silver market may be nearing a key, bullish inflection point.
  • All silver ETFs and proxies are based on the fractional reserve system dynamics, magnifying the investment risks associated with rehypothecation, making the case for 1:1 gold / silver.
  • The resulting threat to the global financial system is many times larger in scale / scope than the combined impact of MF Global, Bear Stearns and Lehman Brothers debacles.
  • Both Bix Weir and the host plan to HODL silver until market manipulation comes to an inevitable halt.
  • The discussion includes Bitcoin / Altcoins and the crypto-sphere. Nearly 3 billion global inhabitants have zero access to banking resources, including services taken for granted.
  • Nothing is required for most of the disenfranchised to open a Bitcoin or Ethereum account.
  • Using a mobile phone and voila, even the indigent are a "walking bank."
  • Not even a phone is required to download a free Bitcoin wallet at a local library desktop.
  • Bix Weir is leery regarding the Bitcoin ramp to $20,000 and subsequent decline under $8,000 - he suspects powerful interests intended to dump Mt. Gox BTC inventory at high prices.
  • Due to the hype of numerous impending Bitcoin forks, Fork-apalooza.
  • Excitement regarding the new BTC futures contracts, caused liquidity to dry up as investors bought the rumors and then sold the fact.
  • Financial markets are discounting mechanisms that typically anticipate events up to six months in advance and adjust prices, a priori.
  • BTC statistics reveal that the months of Nov. / Dec. tend to be favorable for BTC, while January - March are less so; April - June tend to be recovery periods.
  • Those who disparage the value aspects of cryptocurrencies fail to recognize the value inherent in the Bitcoin PoW concept, where SHA256 hashing power is key to the integrity.
  • SHA256 vastly reduces the 51% attack risk inherent even in DPoS / PoS. protocols. Bitcoin is based on a "trust-less" system that removes the middleman or third party.
  • Bitcoin removes the banking intermediary, eliminating wasteful fees while increasing efficiency, just as email is 100's of times less wasteful / costly than traditional snailmail.
  • The TCP/IP protocol remains the backbone of the internet, despite a myriad of solid competing alternatives, as the TCP/IP had first mover advantage and early adoption, similar to Bitcoin
  • Satoshi Nakamoto and new developers defeated the Byzantine General problem, the consensus issue, by distributing the blockchain ledger among key, collaborative hash nodes.
  • Bitcoin detractors make the following points: coin mining is too costly, cannot be used to pay taxes and is an inadequate store of wealth.
  • The host counters: Arizona now accepts BTC for State tax payments, credit card company verification systems consume several fold the electricity of crypto mining.
  • At $7,000 per coin, BTC's price remains 600% higher than 12 months prior.
  • Traditional fiat money is doomed - the host coins a new crypto-battle cry: "Bitcoin is an unstoppable fiat money, computer virus."

Bix Weir of RoadtoRoot-A returns with comments on silver and Bitcoin While gold remains the de facto king of currencies, Bix Weir outlines his highly bullish case for silver. The duo agree, silver represents an ideal safe haven as a hedge against the Echo Bubble, which threatens to ignite the Great Recession II. While research suggests the Comex gold / silver ratio is 100:1, our guest identifies a competing figure of 2,000:1, paper to bullion. The supply situation is just as impressive; although the gold / silver ratio is near 80:1, the empirical ratio is 1:1, as stockpiles of gold exceed that of silver making the theoretical value of silver $1,000+, a 50+ fold relative discount to current prices. According to one media source, in 2016 100 billion ounces of silver is currently traded on exchanges, although only 50 billion ounces exist, ergo the silver market may be nearing a key, bullish inflection point. All silver ETFs and proxies are based on the fractional reserve system dynamics, magnifying the investment risks associated with rehypothecation, making the case for 1:1 gold / silver and perhaps much higher. Although difficult to conceptualize, the resulting threat to the global financial system is many times larger in scale / scope than the combined impact of MF Global, Bear Stearns and Lehman Brothers debacles. Both Bix Weir and the host plan to HODL silver until market manipulation comes to an inevitable halt.

The discussion includes Bitcoin / Altcoins and the crypto-sphere. Nearly 3 billion global inhabitants have zero access to banking resources, including services taken for granted in the West like checking / savings / brokerage accounts. Nothing is required for most of the disenfranchised to open a Bitcoin or Ethereum account, merely a mobile phone and voila, even the indigent are a "walking bank." Not even a phone is required to download a free Bitcoin wallet at a local library desktop. Bix Weir is leery regarding the Bitcoin ramp to $20,000 and subsequent decline under $8,000 - he suspects powerful interests intended to dump Mt. Gox BTC inventory at high prices to the detriment of the market and investors alike. A competing hypothesis follows: due to the hype of numerous impending Bitcoin forks, Fork-apalooza, plus excitment regarding the new BTC futures contracts, caused liquidity to dry up as investors bought the rumors and then sold the fact. Put differently, financial markets are discounting mechanisms that typically anticipate events up to six months in advance and adjust prices, a priori. In addition, BTC statistics reveal that the months of Nov. / Dec. tend to be favorable for BTC, while January - March are less so; April - June tend to be recovery periods. Those who disparage the value aspects of cryptocurrencies fail to recognize the value inherent in the Bitcoin PoW concept, where SHA256 hashing power is key to the integrity of the blockchain ledger, which vastly reduces the 51% attack risk inherent even in DPoS / PoS protocols. Bitcoin is based on a "trust-less" system that removes the middleman or third party, banking intermediary, eliminating wasteful fees while increasing efficiency, just as email is 100's of times less wasteful / costly than traditional snailmail. In addition, the TCP/IP protocol remains the backbone of the internet, despite a myriad of solid competing alternatives, as the TCP/IP had first mover advantage and early adoption, similar to Bitcoin / Ethereum (Keiser, 2017). In addition, Satoshi Nakamoto and new developers defeated the Byzantine General problem, the consensus issue, by distributing the blockchain ledger among key, collaborative hash nodes. Bitcoin detractors make the following points: coin mining is too costly, cannot be used to pay taxes and is an inadequate store of wealth. The host counters: Arizona now accepts BTC for State tax payments, credit card company verification systems consume several fold the electricity of crypto mining, at $7,000 per coin, BTC's price remains 600% higher than 12 months prior. Ultimately, traditional fiat money is doomed - the host coins a new crypto-battle cry: "Bitcoin is an unstoppable computer virus to fiat money."

Figure 1.1. Max and Stacy Love "Crypto-Rico" Part III.

Note. Video provided courtesy of Youtube.com and RT.


Arch Crawford & Chris Waltzek Ph.D. - March 28th, 2018.

* Thanks for supporting the show!

Mp3.

Highlights

  • Arch Crawford, head of Crawford Perspectives, outlines his technical perspective on US shares, gold, silver indexes.
  • Our guest continues to monitor the technical condition of the PMs sector, noting the positive inverse golden cross.
  • Given the sharp advance in the gold, silver, commodities, XAU and WTIC , Arch Crawford is anticipating a new bull market, music to the ears of PMs aficionados.
  • Regarding US equities indexes, volatility was too low for too long - he expects a return to the mean resulting in a capitulation moment.
  • His account remains short equities since January 15th without margin. After the 3 day Easter / Passover weekend, stocks could rebound from lows.
  • The new $60 billion trade tariffs imposed by the Administration on China, suggests increased tensions between the US and China / N.K.
  • Should relations continue to deteriorate, the potential for military conflict may add a new twist to the geopolitical / financial arenas.
  • On the domestic economic front, the discussion veers to the hawkish FOMC rate hike strategy.
  • The current Fed Funds Futures (FFF) at the St. Louis FRED website indicates low odds of another rate hike at the upcoming May meeting.
  • Odds are high for June rate increase to 150-200 basis points (80% odds); about even odds of a final 2018 increase at the December meeting.
  • The threat of higher rates has rattled some perspective home buyers, resulting in higher SFH default rates and potentially ending the echo housing bubble (figure 1.1.).
Arch Crawford, head of Crawford Perspectives, outlines his technical perspective on US shares, gold, silver indexes. Our guest continues to monitor the technical condition of the PMs sector, noting the positive inverse golden cross, where the shorter term 50 period MA crosses above the longer 200 period MA. Given the sharp advance in the gold, silver, commodities, XAU and WTIC , Arch Crawford is anticipating a new bull market, music to the ears of PMs aficionados. Regarding US equities indexes, volatility was too low for too long - he expects a return to the mean resulting in a capitulation moment - his account remains short equities since January 15th without margin. After the 3 day Easter / Passover weekend, stocks could rebound from lows. However, the unexpected and secret locomotive trip of N.K. leader, Kim Jong-un to Xi Jinping's China ahead of the proposed meeting with US leaders, combined with the new $60 billion trade tariffs imposed by the Administration on China, suggests increased tensions between the US and China / N.K. Should relations continue to deteriorate, the potential for military conflict may add a new twist to the geopolitical / financial arenas. On the domestic economic front, the discussion veers to the hawkish FOMC rate hike strategy. The current Fed Funds Futures (FFF) at the St. Louis FRED website indicates low odds of another rate hike at the upcoming May meeting, but high odds of June rate increase to 150-200 basis points (80% odds); about even odds of a final 2018 increase at the December meeting. The threat of higher rates has rattled some perspective home buyers, resulting in higher SFH default rates and potentially ending the echo housing bubble (figure 1.1.).

 

Figure 1.1. Echo Housing Bubble Doomed? SFH Delinquency Rate Graph

 

Note. Graph courtesy of St. Louis Fed, FRED website.

Figure 1.2. Max and Stacy Love "Crypto-Rico" Part II.

Note. Video provided courtesy of Youtube.com and RT.


Bill Murphy & Chris Waltzek Ph.D. - March 22nd, 2018.

 

 

*

Highlights

  • Bill Murphy of GATA.org returns with his perspective on the PMs sector.
  • Savvy central banks around the globe recognize the strategic significance of bullion as sound money as seen by the continuing trend of PMs accumulation.
  • Russia recently added several tons of 70 lbs. silver bars to the national stockpile.
  • The silver bullion market is vulnerable to a short-squeeze, merely one billionaire could corner the silver market - according to Forbes, there are currently 1,425 billionaires, worldwide.
  • As demand for high capacity battery power increases, due in part to electric cars / trucks, etc., silver demand will likely soar beyond current forecasts.
  • While investors focus on Bitcoin / Altcoins, few realize that without significant silver based electronics, many electronic activities and devices would be impossible.
  • Current official figures indicate that there is considerably more gold in above ground reserves than silver.
  • Silver investment supply is more rare than gold on a purely investment basis, despite the fact that gold is 80 times more costly!
  • 37 US states have passed legislation to restore gold / silver to the that status outlined by the national founders, as Constitutional money, including the latest, Wyoming and Alabama.
  • The trend in gold repatriation continues unabated - Hungary is the latest nation to demand the return of its sovereign gold stockpile.
  • Hungarian officials are following the precedent of Austria, Netherlands, Germany, and Venezuela, perhaps on fears of rehypothecation exposure.
  • Max and Stacy visit scenic Puerto Rico, attending 3 crypto conferences (figure 1.1.).

Bill Murphy of GATA.org returns with his perspective on the PMs sector. Savvy central banks around the globe recognize the strategic significance of bullion as sound money as seen by the continuing trend of PMs accumulation. Case in point, Russia recently added several tons of 70 lbs. silver bars to the national stockpile. The silver bullion market is vulnerable to a short-squeeze, merely one billionaire could corner the silver market - according to Forbes, there are currently 1,425 billionaires, worldwide. As demand for high capacity battery power increases, due in part to electric cars / trucks, etc., silver demand will likely soar beyond current forecasts. While investors focus on Bitcoin / Altcoins, few realize that without significant silver based electronics, many electronic activities and devices would be impossible, including Bitcoin mining, computer keyboards, desktops, servers, workstations, iPhones, Androids, autos, etc.. Moreover, current official figures indicate that there is considerably more gold in above ground reserves than silver, making silver more rare than gold on a purely investment basis, despite the fact that gold is 80 times more costly! In addition, 37 US states have passed legislation to restore gold / silver to the that status outlined by the national founders, as Constitutional money, including the latest, Wyoming and Alabama. Plus, the trend in gold repatriation continues unabated - Hungary is the latest nation to demand the return of its sovereign gold stockpile following the precedent of Austria, Netherlands, Germany, and Venezuela, perhaps on fears of rehypothecation exposure. Max and Stacy visit Puerto Rico, attending 3 crypto conferences (figure 1.1.).

 

Figure 1.1. Max and Stacy Love "Crypto-Rico"

Note. Video provided courtesy of Youtube.com.


Peter Schiff & Chris Waltzek Ph.D. - March 21st, 2018.

*

Mp3 format.

 

Highlights

  • From his office in Puerto Rico, Peter Schiff, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX) returns with market commentary.
  • Our guest graciously gifted hurricane relief in Puerto Rico via donations / contributions to help locals rebuild in the wake of the island's most devastating hurricane.
  • Peter Schiff expects gold and silver to experience a renaissance in 2018.
  • While gold remains the de facto safe haven asset, Bitcoin has competing aspects that are particularly appealing during political turmoil.
  • Political refugees can simply memorize their Bitcoin private key and relocate to asylum without fear of confiscation or risk abandoning large assets.
  • Goldman Sachs recently launched a Bitcoin trading desk and announced plans for institutional custodial services, integral to directing hundreds of billions of dollars from deep pockets.
  • 2018 will mark the genesis of custodial access to Bitcoin and related coins, which could be an exciting time for investors.
  • The relatively tiny $500 billion crypto market seeks to match the $8 trillion PMs sector (figure 1.1.).
  • Back of the envelope analysis suggests that Bitcoin could run to $100,000+ on institutional interest alone by 2020, which mirrors several predictions of top analysts.
  • Crypto assets represent a significant improvement over fiat money via: decentralization, virtually free transactions and anonymity.
  • Bitcoin is essentially a top of the line, highly useful Swiss Army knife / Samurai sword combo, compared to a fiat money, dime store pocket knife.
  • Similar to gold, Bitcoin "Hodled", making the currency even more scarce.
  • Bitcoin resembles the technological revolution of the VCR, DVD, DVR, ROKU and Firestik.
  • Such revolutions did not enhance the movie theater experience but enhanced it, the genesis of vast new marketspaces and utility for aficionados.
  • Cryptocurrencies are the natural evolution of money, the perfect amalgamation of digital efficiency, software flexibility, fiat convenience, and gold-like consensus.
  • Teeka Tiwari posits why even professional investors are perplexed by the seemingly inexplicable rise from sub $0.001 Bitcoin to $10,000+.
  • Bitcoin represents the first time in modern financial history where the small investor on Main Street had access to entry level investments, typically reserved for Wall Street.
  • Most securities / shares are underwritten by Wall Street, where early adopters received shares at fire sale prices, such as $.01 (figure 1.1.).
  • The case for government shutdown of Bitcoin has proven frivolous - S. Korean officials were forced to overturn anti-Bitcoin rules as defiant Bitcoin users stormed the streets in protest.
  • Given that the SEC, IRS and CFTC each have a different designation for Bitcoin, asset / security / commodity, regulators are stymied to define the asset.
  • Each time a nation has attempted to shut down the internet, the backbone of cryptos, the backlash was so intense that policymakers were forced to capitulate.
  • Just as "Rock 'n Roll is here to stay," like it or not, leaders are advised to embrace, not fight the crypto movement.
From his office in Puerto Rico, Peter Schiff, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX) returns with market commentary. Our guest graciously gifted hurricane relief in Puerto Rico via donations / contributions to help locals rebuild in the wake of the island's most devastating hurricane. Peter Schiff expects gold and silver to experience a renaissance in 2018. While gold remains the de facto safe haven asset, Bitcoin has competing aspects that are particularly appealing during political turmoil. For instance, political refugees can simply memorize their Bitcoin private key and relocate to asylum without fear of confiscation or risk abandoning large assets. Goldman Sachs recently launched a Bitcoin trading desk and announced plans for institutional custodial services, integral to directing hundreds of billions of dollars from deep pockets into the sector. 2018 will mark the genesis of custodial access to Bitcoin and related coins, which could be an exciting time for investors, as the relatively tiny $500 billion crypto market seeks to match the $8 trillion PMs sector (figure 1.1.). Back of the envelope analysis suggests that Bitcoin could run to $100,000+ on institutional interest alone by 2020, which mirrors several predictions of top analysts. Case in point, crypto assets represent a significant improvement over fiat money via: decentralization, virtually free transactions and anonymity. Bitcoin is essentially a top of the line highly useful Swiss Army knife compared to a fiat money, dime store pocket knife. In similar fashion as gold, most of which is hoarded in stockpiles, so too are Bitcoin "Hodled", making the currency even more scarce. In similar fashion as the technological revolution of the VCR, DVD, DVR, ROKU and Firestik, which revolutionized the movie experience, not replacing theaters but creating vast new marketspaces and utility for aficionados, at the most fundamental level, cryptocurrencies are the natural evolution of money, the perfect amalgamation of digital efficiency, software flexibility, fiat convenience, and gold-like consensus. Teeka Tiwari posits why even professional investors are perplexed by the seemingly inexplicable rise from sub $0.001 Bitcoin to $10,000+: Bitcoin represents the first time in modern financial history where the small investor on Main Street had access to entry level investments, typically reserved for Wall Street institutional elite; most securities / shares are underwritten by Wall Street, where early adopters received shares at fire sale prices, such as $.01 (figure 1.1.). The case for government shutdown of Bitcoin has proven frivolous - S. Korean officials were forced to overturn anti-Bitcoin rules as defiant Bitcoin users stormed the streets in protest. Given that the SEC, IRS and CFTC each have a different designation for Bitcoin, asset / security / commodity, regulators are stymied in their attempts to regulate an asset that defies definition! Moreover, each time a nation has attempted to shut down the internet, the backbone of cryptos, the backlash was so intense that policymakers were forced to capitulate. Just as "Rock 'n Roll is here to stay," like it or not, leaders are advised to embrace, not fight the crypto movement.

Figure 1.1. Teeka Tiwari - Bitcoin to $40,000 in 2018 on Institutional Gold Rush

Note. Video provided courtesy of Youtube.com.


Gerald Celente & Chris G. Waltzek Ph.D. - March 15, 2018.

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Mp3 format.

Highlights

  • Gerald Celente, founder of the Trends Research Institute, returns to the show with new commentary on the geopolitical arena and financial markets.
  • Our guest is concerned that the US US could be drawn into a military conflict in the Middle East or with NK with potentially dire consequences.
  • US equities indexes have benefited from artificial and unsustainable stock buybacks.
  • Gerald Celente echoes the sentiments of many recent guests, expressing his concerns that corporate earnings may not be capable of maintaining current lofty levels.
  • As wage stagnation and increasing credit card / auto loan defaults persist, policymakers could face an economic quagmire deeper than that of the Great Recession.
  • To protect investors from increasing financial market exposure, Gerald Celente proposes the safe haven asset with the greatest appeal remains gold.
  • Gold could soar after breaking through strong resistance at $1,450. Beyond that point, the sky could be the limit as the yellow metal eclipses the bull market peak, above $2,000 per ounce.

Gerald Celente, founder of the Trends Research Institute, returns to the show with new commentary on the geopolitical arena and financial markets. Our guest is concerned that the US US could be drawn into a military conflict in the Middle East or with NK with potentially dire consequences. US equities indexes have benefited from artificial and unsustainable stock buybacks; Gerald Celente echoes the sentiments of many recent guests, expressing his concerns that corporate earnings may not be capable of maintaining current lofty levels amid the new shift about higher domestic interest rates. As wage stagnation and increasing credit card / auto loan defaults persist, policymakers could face an economic quagmire deeper than that of the Great Recession or perhaps the Great Depression. To protect investors from increasing financial market exposure, Gerald Celente proposes the safe haven asset with the greatest appeal remains gold, which he expects could soar after breaking through strong resistance at $1,450. Beyond that point, the sky could be the limit as the yellow metal eclipses the bull market peak, above $2,000 per ounce.

Figure 1.1. Ivan on Tech - Binance Moonshot

Note. Video provided courtesy of Youtube.com.


Wolf Richter & Chris Waltzek Ph.D. - March 14th, 2018.

* Mp3 file.

Note: Image courtesy of RT.

Highlights

  • WolfStreet.com founder, Wolf Richter makes his show debut with cautionary comments on the US domestic economy.
  • The national unemployment rate remains at 17 lows 4.1% and employers added 313,000 new jobs to the workforce last month.
  • Wolf Richter counters with increasing credit card / auto-loan default rates, elevated consumer debt levels and lower auto sales.
  • Policymakers and consumers alike have learned little from the debt lessons of the 2008 Great Recession.
  • The current Echo Bubble has resulted in record debt levels. Consequently, the higher interest rate theme will persist in 2018.
  • Our guest expects 4 FOMC rate increases this year - the 100 basis point increase could result in 6% mortgage rates by year end, which has yet to be priced into the markets.
  • The US housing sector is particularly vulnerable to interest rates, due in part to the subsequent increases in mortgage costs and monthly payments.
  • The Titantic-like housing sector responds slowly; our guest expects real estate price declines by the end of 2018 or early 2019.
  • The host suggests interested parties monitor US Housing Starts, which recently recorded exceptional figures, a 10% boost month over month, annualized, his key leading economic indicator. The figure could offer guidance (figure 1.1.).
  • To shield investment returns, the host suggests identifying low correlated assets to lower the overall beta risk of the traditional stock / bond investment portfolio.
  • Safe haven assets such as the PMs, Bitcoin and currencies offer liquidity and wealth preservation.
  • A hypothetical portfolio includes the following assets to help balance stocks / bonds(included for illustration purposes, not as investment advice).

WolfStreet.com founder, Wolf Richter makes his show debut with cautionary comments on the US domestic economy. Although the national unemployment rate remains at 17 lows 4.1% and employers added 313,000 new jobs to the workforce last month, Wolf Richter counters with increasing credit card / auto-loan default rates, elevated consumer debt levels and lower auto sales. Moreover, policymakers and consumers alike have learned little from the debt lessons of the 2008 Great Recession; instead the current Echo Bubble has resulted in record debt levels. Consequently, the higher interest rate theme will persist in 2018, with the CME, Fed Funds Futures contracts indicating at least 3 quarter point rate-hikes by the FOMC this year: March 21st, June and December. Nevertheless, our guest expects 4 FOMC rate increases this year - the 100 basis point increase could result in 6% mortgage rates by year end, which has yet to be priced into the markets, suggesting greater price volatility in 2018. The US housing sector is particularly vulnerable to interest rates, due in part to the subsequent increases in mortgage costs and monthly payments. Nevertheless, the Titantic-like housing sector responds slowly; our guest expects real estate price declines by the end of 2018 or early 2019. The host suggests interested parties monitor US Housing Starts, which recently recorded exceptional figures, a 10% boost month over month, annualized, his key leading economic indicator. The figure could offer guidance as it contracted sharply ahead of the last credit crisis (figure 1.1.). To shield investment returns, the host suggests identifying low correlated assets to lower the overall beta risk of the traditional stock / bond investment portfolio to prepared for the proposed economic deluge. Safe haven assets such as the PMs, Bitcoin and currencies offer liquidity and wealth preservation. A hypothetical portfolio includes the following assets to help balance stocks / bonds(included for illustration purposes, not as investment advice):

  • 50% BTC (beta +1.0),
  • 10% GLD (beta .60),
  • 10% ETH (beta .55),
  • 10% LTC (beta .60),
  • 10% BCC (beta .60),
  • 5% XMR (beta .40),
  • 5% UUP LEAPS (beta -.89).

The host identified a reliable Bitcoin statistical correlation that suggests one method to hedge BTC profits involves the UUP ETF that shares a -.89 correlation with BTC plus gold (figure 1.2.).

 

Figure 1.1. US Housing Starts - Leading Economic / Housing Indicator

Note. Graph courtesy of TradingEconomics.com.

 

Figure 1.2. Safe Haven Diversification: UUP ETF / BTC ETF -.89 Corr.

Note: Correlation matrix image prepared by Chris G. Waltzek, courtesy of www.unicornbay.com

 

Figure 1.3. Keiser Report - Wolf Richter of Wolfstreet.com

Note. Video provided courtesy of Youtube.com and RT.


Ralph Acampora & Chris Waltzek Ph.D. - March 8th, 2018.

*

Mp3 file.

Note: Image courtesy of CNBC.

 

Highlights

  • Top Wall Street Chartered Technical Analyst (CTA), Ralph Acampora of Altaira Wealth Management, revered as "A Professor of Technical Analysis," returns.
  • Investors grew complacent amid arguably the greatest stock bull market in history, illustrated by few if any typical reactions.
  • Our guest advises investors to ignore the recent uptick in volatility - US shares are fairly priced and likely to set records in 2018.
  • Less than half of hedge fund managers have 5 years of market experience, suggesting that few money managers have endured a serious bear market in US equities.
  • Ralph Acampora discounts the threat of a 20-30% decline in US shares and pooh-poohs the risk of interest rate hikes.
  • Not until rates climb to 5% should analysts sound the alarm.
  • According to one media report, the 30 year US Treasury actually outperformed US shares just slightly.
  • The US bond market could experience a profound reaction as soon as 2018 due to expected FED rate hikes.
  • The recent tariffs on US trading partners may not pose a major threat to share prices.
  • Ralph Acampora notes the encouraging price action in the long-term charts of Micron (MU) and Intel (INTC), the host adds GPU manufacturer nVidea (NVDA).
  • Listeners / readers are encouraged to sign up for to his free Twitter account with and active subscriber base of 26,000+.

Top Wall Street Chartered Technical Analyst (CTA), Ralph Acampora of Altaira Wealth Management, revered as "A Professor of Technical Analysis," returns with upbeat comments on US equities. Investors grew complacent amid arguably the greatest stock bull market in history, illustrated by few if any typical reactions. Nonetheless our guest advises investors to ignore the recent uptick in volatility - US shares are fairly priced and likely to set records in 2018. Less than half of hedge fund managers have 5 years of market experience, suggesting that few money managers have endured a serious bear market in US equities such as 2000-2003 and 1987. Ralph Acampora discounts the threat of a 20-30% decline in US shares. Our guest also pooh-poohs the risk of interest rate hikes - not until rates climb to 5% should analysts sound the alarm. According to one media report, the 30 year US Treasury actually outperformed US shares just slightly over the 35 year bull market, which could lead to a profound reaction as soon as 2018 due to expected FED rate hikes. In addition, the recent tariffs on US trading partners may not pose a major threat to share prices. Ralph Acampora notes the encouraging price action in the long-term charts of Micron (MU) and Intel (INTC), the host adds GPU manufacturer nVidea (NVDA). Listeners / readers are encouraged to sign up for to his free Twitter account with and active subscriber base of 26,000+.

Figure 1.1. Peter Schiff vs. Ivan on Tech - Bitcoin Merits

Note. Video provided courtesy of Youtube.com and RT.


Arch Crawford & Chris Waltzek Ph.D. - March 7th, 2018.

* Thanks for supporting the show!

Mp3.

Highlights

  • Arch Crawford, head of Crawford Perspectives, outlines his technical vantage point on Bitcoin, US shares, gold, silver and related indexes.
  • Due in large part to the ominous technical condition of the US Greenback, our guest expects the world's reserve currency to continue to decline.
  • The market could be entering free fall amid an ominous inverse golden cross, where the shorter term 50 week MA crosses below the longer 200 week MA.
  • Consequently, gold, silver, Bitcoin, Altcoins, cryptos, commodities, WTIC and related shares should enter a profitable bull market.
  • According to the Keiser report, JP Morgan has accumulated approximately 140 million ounces of silver.
  • The Keiser report suggests that the investment bank is hoarding silver in anticipation of an epic price advance.
  • Russia's new national silver stockpile of 70 pounds silver bars, stacked in enormous piles amounts to perhaps $70 million in value (figure 1.1.).
  • With the gold to silver ratio extended to extremes, nearing an all-time record of 80:1, one gold coin purchases nearly a 100 oz silver bar.
  • The stat. suggests fire-sale AG prices. Case in point, silver could climb from $17 to $70 for lucky silver lottery ticket holders.
  • The current Bitcoin prediction implies a run to $40,000, via Fibonacci projection, assuming that the $5,700-$8,000 support level holds over the coming months, which interesting coincides perfectly with top crypto investor, Mike Novogratz's 2018 Bitcoin target (figure 1.1.).

Arch Crawford, head of Crawford Perspectives, outlines his technical vantage point on Bitcoin, US shares, gold, silver and related indexes. Due in large part to the ominous technical condition of the US Greenback, our guest expects the world's reserve currency to continue to decline, potentially entering free fall amid an ominous inverse golden cross, where the shorter term 50 week MA crosses below the longer 200 week MA. Consequently, gold, silver, Bitcoin, Altcoins, cryptos, commodities, WTIC and related shares should enter a profitable bull market. In addition, according to the Keiser report, JP Morgan has accumulated approximately 140 million ounces of silver. Contrary to conspiracy theorists who claim the physical silver is intended to cap market demand, a key guest (Firestein) on the Keiser report suggests that the investment bank is hoarding silver in anticipation of an epic price advance. In similar fashion Russia's new national silver stockpile of 70 pounds silver bars, stacked in enormous piles amounts to perhaps $70 million in value (figure 1.1.). Moreover, with the gold to silver ratio extended to extremes, nearing an all-time record of 80:1, one gold coin purchases nearly a 100 oz silver bar. The stat. suggests fire-sale AG prices. Case in point, silver could climb from $17 to $70 for lucky silver lottery ticket holders. Turning to Bitcoin - the current prediction implies a run to $40,000, via Fibonacci projection, assuming that the $5,700-$8,000 support level holds over the coming months, which interesting coincides perfectly with top crypto institutional investor, Mike Novogratz's 2018 Bitcoin target (figure 1.1.).

Figure 1.1. Keiser Report - Bitcoin Battle - Bitcoin / Silver Forecasts - Firestein Outlook

Note. Video provided courtesy of Youtube.com and RT.


Lior Gantz & Chris Waltzek Ph.D. - March 1st, 2018.

Mp3 download.

*

 

Highlights

  • Lior Gantz of Wealth Research Group makes his show debut with his insights on Bitcoin, Altcoins and the PMs.
  • The former money manager / entrepreneur is an avid silver aficionado who survived the Dot Bomb crash like tens of millions of investors.
  • The ordeal taught him to adopt a Warren Buffett-like investing approach, which lead him to silver / commodities / China stocks and spectacular results.
  • Our guest cites the work of "Mr. Silver" First Majestic Silver (AG) CEO, Keith Neumeyer with his $100+ silver price forecast and that of and Amir Adnani.
  • US shares are in the process of forming a key bull market zenith.
  • The guest / host also agree that the market capitalization of the entire cryptocurrency arena could increase 5-10 fold, soaring to $3-5 trillion in the coming years.
  • Investors are advised not to confuse cryptocurrencies and blockchain based new technologies; many of the overlooked "cryptos" are actually intriguing tech companies.
  • Lior advises listeners in the US to pursue careers / jobs in sectors insulated from outsourcing, such as repair techs, high tech jobs, etc..
  • The duo call for fireworks in the junior mining sector, noting one candidate of top CEO Amir Adnani and his Goldmining Inc. (GOLD).

Lior Gantz of Wealth Research Group makes his show debut with insights on Bitcoin, Altcoins and the PMs. The former money manager / entrepreneur is an avid silver aficionado who survived the Dot Bomb crash - the harrowing event taught him to adopt a Warren Buffett-like investing approach, which lead him to silver / commodities / China stocks and spectacular results. Our guest cites the work of "Mr. Silver" First Majestic Silver (AG) CEO Keith Neumeyer and his $100+ silver price forecast. The guest / host concur; US shares are in the process of forming a key bull market zenith, presenting an opportunity in 2018 to prepare / hedge for an imminent financial deluge. The duo also agree that the market capitalization of the entire cryptocurrency arena could increase 5-10 fold, soaring to $3-5 trillion in the coming years. Investors are advised not to confuse cryptocurrencies and blockchain based new technologies; many of the overlooked "cryptos" are actually intriguing tech companies. Lior advises listeners in the US to pursue careers / jobs in sectors insulated from outsourcing, such as repair techs, high tech jobs, etc.. The pair call for fireworks in the junior mining sector, noting one promising candidate from CEO Amir Adnani and his Goldmining Inc. (GOLD).

Figure 1.1. Keiser Report - FOMO

Note. Chart provided courtesy of Stockcharts.com.


NUGGETS ARCHIVE


 

 

2006-2018 radio.goldseek.com, Gold Seek LLC and Chris G. Waltzek