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Audio Nuggets

Interviews with Financial Industry Pros

Sponsor: Founder - Peter Spina

Host - Chris Waltzek


NUGGETS ARCHIVE

2018a 2018 2017b 2017a 2017

2016c 2016b 2016a 2015c 2015b 2015a 2014 2007-2013


Bill Murphy & Chris Waltzek Ph.D. - July 19th, 2018.

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Highlights

  • Bill Murphy of GATA.org notes precious metals investors will ultimately be rewarded for their patience.
  • An endgame scenario is unfolding in the financial markets that could result in an explosive move higher for safe haven assets.
  • As long as US equities remain the risk-off trade, du jour, the PMs may remain in a cyclical trading range.
  • The nascent trade skirmish has already impacted the housing sector.
  • Import taxes on Canadian lumber have increased the cost of new home construction domestically by $9,000 per unit.
  • The additional expense is passed along to the home purchaser.
  • Already desperate domestic farmers are finding it even more challenging to make financial ends meet, amid soybean tariffs on Asian imports.
  • The key impact of tariffs could be stagflation, as higher prices stifle global economic output while encouraging price hikes.
  • A final warning from a US ally echoes the sentiments of history - when trade halts between national borders, more often than not, military boots cross.
  • I.e. a trade war could ignite a global military skirmish.
  • While the looming threat continues to boost US defensive and security share prices, ultimately PMs will benefit from the dual risk of insidious inflation / economic stagnation and global conflict.

Bill Murphy of GATA.org notes precious metals investors will ultimately be rewarded for their patience, but must first weather the coordinated assaults of the anti-gold cartel. According to our guest, an endgame scenario is unfolding in the financial markets that could result in an explosive move higher for safe haven assets. Nevertheless, as long as US equities remain the risk-off trade, du jour, the PMs may remain in a cyclical trading range. Elsewhere, the nascent trade skirmish has already impacted the housing sector - import taxes on Canadian lumber have increased the cost of new home construction domestically by $9,000 per unit; the expense is passed along to the home purchaser. In addition, already desperate domestic farmers are finding it even more challenging to make financial ends meet, amid soybean tariffs on Asian imports - a key component to livestock agriculture. The key impact of tariffs could be stagflation, as higher prices stifle global economic output while encouraging price hikes resulting in a worst-case economic scenario. A final warning from a US ally echoes the sentiments of history - when trade halts between national borders, more often than not, military boots make the crossing; i.e. a trade war could ignite a global military skirmish. While the looming threat continues to boost US defensive and security share prices, ultimately PMs will benefit from the dual risk of insidious inflation / economic stagnation and global conflict.

Figure 1.1. Dr. John Hall M.D. - Hero of Targeted Individual Community - II

Note. Video provided courtesy of Youtube.com.


Gerald Celente & Chris Waltzek Ph.D. - July 18th, 2018.

  • Head of the Trends Research Institute, Gerald Celente expresses concerns over the potential for a showdown of epic proportions in the Middle East.
  • Extreme tensions in the region could ignite the crude oil market, sending price per barrel soaring while sparking a stampede into the precious metals sector.
  • The theme could benefit gold shares as well, according to the work of Seabridge Gold CEO, Rudi Fronk, who notes peak gold is in place.
  • Barrick Gold CEO noted that the ailing quality of gold quality ore and lessened production levels combined with few major new gold discoveries and lengthy time to production, bodes well for the gold price.
  • The expert close-combat practitioner examines the nascent global trade war, sparked by the 2018 US trade tariffs.
  • While policymakers applaud record unemployment rate, when adjusted for inflation the real employment wage lags price increases.
  • Low wages hampers the disposable income of the masses, widening the gap between the wealthy and the hoi polloi beyond any industrial nation, worldwide.
  • US share prices may be overextended, as the initial tax cuts behind much of the recent rally unwind and only a handful of key stocks in the tech sector.
  • The FANG stocks continue to lead the indexes higher.
  • The discussion concludes with strategies for personal protection and close combat - Gerald Celente suggests a free online resource for individuals interested in self-protection, Attackproof.com.

Head of the Trends Research Institute, Gerald Celente expresses concerns over the potential for a showdown of epic proportions in the Middle East. Extreme tensions in the region could ignite the crude oil market, sending price per barrel soaring while sparking a stampede into the precious metals sector. The theme could benefit gold shares as well, according to the work of Seabridge Gold CEO, Rudi Fronk, who notes peak gold is in place, lowering the available gold supply while improving demand conditions. Furthermore, Barrick Gold CEO noted that the ailing quality of gold quality ore and lessened production levels combined with few major new gold discoveries and lengthy time to production, bodes well for the gold price, making the downside negligible and upside unlimited. The expert close-combat practitioner examines the nascent global trade war, sparked by the 2018 US trade tariffs. While policymakers applaud record unemployment rate, when adjusted for inflation the real employment wage lags price increases, eviscerating the disposable income of the masses and widening the gap between the wealthy and the hoi polloi beyond any industrial nation, worldwide. Meanwhile, US share prices may be overextended, as the initial tax cuts behind much of the recent rally unwind and only a handful of key stocks in the tech sector, the FANGS stocks lead the indexes higher. The discussion concludes with strategies for personal protection and close combat - Gerald Celente suggests a free online resource for individuals interested in self-protection, Attackproof.com. Beginners can order a cheap sand bag / slam bag from Amazon.com to begin essential hand strengthening.

Figure 1.1. Attackproof.com - The Only Reliable Self-defense Training, Period.

Note. Video provided courtesy of Youtube.com.


Arch Crawford & Chris Waltzek Ph.D. - July 12th, 2018.

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Mp3 File.

Highlights

  • Arch Crawford, head of Crawford Perspectives for 41 consecutive years, outlines his technical perspective on the global financial markets.
  • US shares could continue to decline along with global equities where shares in the Shanghai exchange dropped 21% from the peak.
  • Market volatility may explode next month - June 6th - 14th could be a difficult time in markets.
  • The current period is the longest consolidation without a new high in years, suggesting slowing momentum in US share prices.
  • Arch Crawford is heavily short the US equities markets and expects the bearish side to remain the most profitable along with highly rated US bonds.
  • The gold market continues to test key support - the price could soon stage a rebound rally.

Arch Crawford, head of Crawford Perspectives for 41 consecutive years, outlines his technical perspective on the global financial markets in this brief interview. US shares could continue to decline along with global equities where shares in the Shanghai exchange dropped 21% from the peak. Market volatility may explode next month - June 6th - 14th could be a difficult time in markets. The current period is the longest consolidation without a new high in years, suggesting slowing momentum in US share prices. Arch Crawford is heavily short the US equities markets and expects the bearish side to remain the most profitable along with highly rated US bonds. The gold market continues to test key support - the price could soon stage a rebound rally.

Figure 1.1. Draper on the Merits of Bitcoin

Note. Video provided courtesy of Youtube.com.


Dr. Stephen Leeb & Chris Waltzek Ph.D. - July 11th, 2018.

* Mp3 file.

 

Recap

  • Best selling author, Dr. Stephen Leeb returns with a solid outlook on the gold sector.
  • The precious metals could merge with the blockchain to facilitate sound money transactions at an accelerated pace and with far greater transparency.
  • With light sweet crude oil breaking multi-year records, the threat of inflation could further encourage the gold bulls.
  • Dr. Leeb suggests investors view gold in terms of China's Yuan ($GOLD:CYB) to better gauge the true technical strength of the yellow metal.
  • Our guest notes that repairing decades of unfair global trade is sound, but the lack of subtlety, diplomacy, cooperation and gung-ho actions could backfire.
  • If NASA engineers found landing a human on the moon challenging, economists may be facing a far more daunting task while resolving the the trade war.
  • The duo explore the importance to embrace, nourish, foster and invest in innovative technologies via private / public sector think tank concepts, similar to RAND, Bell Labs, Fairchild Semiconductor and other skunkworks projects that paved the road to today's technological marvels.

Best selling author, Dr. Stephen Leeb returns with a solid outlook on the gold sector. The precious metals could merge with the blockchain to facilitate sound money transactions at an accelerated pace and with far greater transparency. Plus, with light sweet crude oil breaking multi-year records, the threat of inflation could further encourage the gold bulls. Dr. Leeb suggests investors view gold in terms of China's Yuan ($GOLD:CYB) to better gauge the true technical strength of the yellow metal. In addition, our guest notes that repairing decades of unfair global trade is sound, but the lack of subtlety, diplomacy, cooperation and gung-ho actions could backfire with dire economic consequences. If NASA engineers found landing a human on the moon challenging, economists may be facing a far more daunting task while resolving the imbalances and political blowback from the trade war. Meanwhile, the duo explore the importance to embrace, nourish, foster and invest in innovative technologies via private / public sector think tank concepts, similar to RAND, Bell Labs, Fairchild Semiconductor and other skunkworks projects that paved the road to today's technological marvels.


Bob Hoye & Chris Waltzek Ph.D. - July 5th, 2018.

* Mp3 download.

 

Highlights

  • Bob Hoye of Institutional Advisors rejoins the show with upbeat commentary on the PM's sector.
  • The shifting yield curve (spread between 2 and 10 year Treasury Notes), suggests that a liquidity crisis could unfold similar to the Great Recession.
  • 90% of recessions (Michael Pento, 2018) occurred after the yield curve inverted.
  • If the current price hike trend continues with two more anticipated by the FOMC this year, the inversion could portend trouble for the financial markets.
  • Our guest notes that the US has two previous failed experiments in trade tariffs, first "The Tariff of Abominations of 1825," and the 1930 Smoot-Hawley Act.
  • Both Tariff Acts were accused of exacerbating the unemployment, slowing economic growth and curtailing global trade.
  • Officials are advised to proceed cautiously with the current trade tariffs to avoid crushing global economic contraction, collapsing global trade and widespread unemployment.
  • Got gold?

Bob Hoye of Institutional Advisors rejoins the show with upbeat commentary on the PM's sector. The shifting yield curve (spread between 2 and 10 year Treasury Notes), suggests that a liquidity crisis could unfold similar to the Great Recession of 2008. Nine out of ten recessions (Michael Pento, 2018) occurred after the yield curve inverted. Given that the yield curve is approaching levels not seen since 2008, if the current price hike trend continues with two more anticipated by the FOMC this year, the inversion could portend trouble for the financial markets and opportunity in gold. Drawing from a considerable repertoire in financial history, our guest notes that the US has two previous failed experiments in trade tariffs, first "The Tariff of Abominations of 1825," that lead to an economic contraction and soaring unemployment second, the 1930 Smoot-Hawley Trade Tariff Act, which is accused of exacerbating the 29% unemployment of the Great Depression. The key takeaway point, officials are advised to proceed cautiously with the current trade tariffs to avoid crushing global economic contraction, collapsing global trade and widespread unemployment. Got gold?


Peter Schiff & Chris Waltzek Ph.D. - July 4th, 2018.

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Mp3 format.

 

Highlights

  • Peter Schiff, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX) returns with his latest market insights.
  • Inflation is a chief concern at EuroPac, just as the economy is headed back to a 2008 style Great Recession, which could result in Stagflation
  • Stagflation has positive implications for the PMs sector, as illustrated by the 1970's gold bull market, case study.
  • As 2 year / 10 year Treasury note yields invert, perhaps as soon as early 2019, 90% of the time this event coincides with a recession / stock market correction.
  • Fed policymakers will reverse hawkish rate hikes and resume dovish rate cuts to restore normalcy to the markets.
  • The Smoot-Hawley Tariff Act of 1930 resulted in a reduction of 66% of global trade.
  • According to some economists, this exacerbated the Great Depression.
  • The duo examine if the current trade war could be combine with higher rates to foment a new Great Recession.
  • Our guest outlines a possible case for hyperinflation, similar to Venezuela, where the Bolivar went from near parity with the US dollar, to virtually zero, requiring tens of millions of Bolivar to purchase a single ounce of gold.
Peter Schiff, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX) returns with his latest market insights. Inflation is a chief concern at EuroPac, just as the economy is headed back to a 2008 style Great Recession, which could result in Stagflation, a worst case scenario for the Fed and investors. Nonetheless, stagflation has positive implications for the PMs sector, as illustrated by the 1970's gold bull market, case study. As 2 year / 10 year Treasury note yields invert, perhaps as soon as early 2019, 90% of the time this event coincides with a recession / stock market correction. In response, Fed policymakers will reverse hawkish rate hikes and resume dovish rate cuts to restore normalcy to the markets. Meanwhile, the Smoot-Hawley Tariff Act of 1930 resulted in a reduction of 66% of global trade; according to some economists, this exacerbated the Great Depression. In similar fashion, the duo examine if the current trade war between the US and Canada, Mexico, EU and China could be combine with higher rates to foment a new Great Recession. Our guest outlines a possible case for hyperinflation, similar to Venezuela, where the Bolivar went from near parity with the US dollar, to virtually zero, requiring tens of millions of Bolivar to purchase a single ounce of gold.

 

Figure 1.1. Draper & Son - The Future of Bitcoin

Note. Video provided courtesy of Youtube.com.


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David Morgan & Chris Waltzek Ph.D. - June 28th, 2018.

* Mp3

 

Highlights

  • Head of The Morgan Report, David Morgan rejoins the show with comments on the PMs sector noting that gold remains a "free lunch" diversification asset.
  • "The most negatively correlated asset to the US stock market is gold."
  • The new trade war resembles the Smoot-Hawley Tariff Act of 1930, which ultimately lead to losses in US jobs and exports abroad.
  • 88 years later, the US economy has hemorrhaged 500,000 top paying manufacturing jobs per year for over one decade, over 5 million fewer jobs.
  • Is it wise to wage a trade war under such conditions and might it backfire in the Once the stamped to gold begins in earnest, all that will be required is the effort of 1-3% of the population to catapult the yellow metal skyward.
  • Our guests applies Elliott Wave analysis to the gold market, noting that the early I and II waves have passed.
  • The most forceful / profitable wave III is now gaining momentum to send the market to new record figures.
  • Once investors push gold to $2,500, our guest suggests a blow-off phase could commence sending the precious metals higher by several fold.
  • The narrative includes a trading strategy that tops 99% of professional money managers.
  • Building a solid portfolio with balanced betas combined with portfolio alpha-boosting services like the Alpha Stocks Newsletter can enhance profits.
  • Tossing darts when attempting to boost portfolio alpha inevitably backfires; instead a scientific / passive approach wins out over more risky trading strategies.

Head of The Morgan Report, David Morgan rejoins the show with comments on the PMs sector noting that gold remains a "free lunch" diversification asset, "the most negatively correlated asset to the US stock market." The new trade war resembles the Smoot-Hawley Tariff Act of 1930, which ultimately lead to losses in US jobs and exports abroad. 88 years later, the US economy has hemorrhaged 500,000 top paying manufacturing jobs per year for over one decade, resulting in over 5 million fewer well paid positions and lower overall living standards. Is it wise to wage a trade war under such conditions and might it backfire in the US as well as with trading partner nations, sending the global economy into a 2008 style Great Recession 2.0. Once the stamped to gold begins in earnest, all that will be required is the effort of 1-3% of the population to catapult the yellow metal skyward into uncharted territory. Our guests applies Elliott Wave analysis to the gold market, noting that the early I and II waves have passed; the most forceful / profitable wave III is now gaining momentum to send the market to new record figures. Once investors push gold to $2,500, our guest suggests a blow-off phase could commence sending the precious metals higher by several fold for example, $7,500 in a brief six month time-frame. The narrative includes a trading strategy that tops 99% of professional money managers; building a solid portfolio with balanced betas combined with portfolio alpha-boosting services like the Alpha Stocks Newsletter can enhance profits beyond that anticipated by modern portfolio theory. Put differently, tossing darts when attempting to boost portfolio alpha inevitably backfires; instead a scientific / passive approach wins out over more risky trading strategies.


Ralph Acampora & Chris Waltzek Ph.D. - June 27th, 2018.

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Mp3 file.

Note: Image courtesy of CNBC.

 

Highlights

  • Titan of Wall Street, Ralph Acampora of Altaira Wealth Management, "Professor of TA," and co-creator of the (CTA) designation, returns.
  • "Be careful, be selective ... keep close stops on most US shares."
  • The financial sector tends to lead the market, which is a bad omen for bulls as many financial stocks continue to underperform.
  • The Dow Utilities Index, a perennial favorite leading-indicator remains close to the April highs.
  • If price closes above 711, the current stock market weakness may represent a passing anomaly.
  • The discussion includes favorite technical analysis tools, such as the Relative Strength Index (RSI) and Moving Average Convergence, Divergence (MACD).
  • The Dow Industrials remains our guest's favorite market proxy; the arithmetic mean of the 30 blue chip stocks currently indicates an upside limit of 28,000.
  • The lower limit of 23,000 and the highest probability of 25,000-26,500.
  • Using financial history as a playbook the current 9-year secular bull-market could extend beyond the imagination and margin of the most ardent bears.
  • Ralph Acampora sees the potential for another 4-5 solid years ahead for shares prices, with the key proviso, the market is overdue for a 10%-15% correction.
  • The duo coin a Financial Term, the Acampora Rate Index (ARI); not until the Fed's overnight lending rate ascends over 5%.
  • OPEC announced lower than expected daily oil output of 600,000 barrels per day, sending the price soaring this week.
  • Our guest insists that the inflation impact of oil will not impact US share prices until WTIC climbs above $90+ per barrel.

     

Titan of Wall Street, Ralph Acampora of Altaira Wealth Management, "Professor of Technical Analysis," and co-creator of the Chartered Technical Analyst (CTA) designation, returns with a slightly cautious outlook on US equities. Our guest notes, "Be careful, be selective ... keep close stops on most US shares." The financial sector tends to lead the market, a bad omen for bulls as many financial stocks continue to underperform. The Dow Utilities Index, a perennial favorite leading-indicator remains close to the April highs; if price closes above 711, the current stock market weakness may represent a passing anomaly. The discussion includes favorite technical analysis tools, such as the Relative Strength Index (RSI) and Moving Average Convergence, Divergence (MACD), both on a weekly basis. The Dow Industrials remains our guest's favorite market proxy; the arithmetic mean of the 30 key blue chip stocks currently indicates an upside limit of 28,000 a lower limit of 23,000 with the highest probability of 25,000-26,500. Using financial history as a playbook the current 9-year secular bull-market could extend beyond the imagination and margin of the most ardent bears. Ralph Acampora sees the potential for another 4-5 solid years ahead for shares prices, with the key proviso, the market is overdue a healthy 10%-15% correction. The duo coin a Financial Term, the Acampora Rate Index (ARI): not until the Fed's overnight lending rate ascends over 5% should equities market investors shift from a bullish to a bearish stance. Although OPEC announced lower than expected daily oil output of 600,000 barrels per day, sending the price soaring this week, our guest insists that the inflationary impact of oil will not impact US share prices until WTIC climbs above $90+ per barrel.


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Peter Grandich & Chris Waltzek Ph.D. - June 21st, 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.
  • Our guest sees a new "Cold Trade-War" that includes threats against China of $200 billion in new tariffs, our largest trading partner.
  • Peter Grandich entered the largest dollar short position against US equities in his 35+ year career and turned strongly bullish on the PMs sector.
  • US trading partners have recycled trillions of US dollars vis-à-vis the massive trade deficit, by way of buying US Treasuries, resulting in the longest bond bull.
  • The four decade theme could be reversing on reports that the BRICS nations are dumping US debt, including Russia, which just sold half of its US Treasuries.
  • Peter Grandich split half of his portfolio into physical gold / silver and half into the mining shares with a nearly 10% downside vs. 100% upside potential.
  • The discussion includes the seminal work of Egon von Greyerz on the Venezuelan Bolivar calamity, where a currency crisis resulted in hyperinflation; one ounce of gold now costs 75 million Bolivars in just a few months time.
Peter Grandich of Peter Grandich and Company and Pete Speaks returns with commentary on the US stock market and the PMs sector. Against the backdrop of a new "Cold Trade-War" that includes threats against China of $200 billion in new tariffs, our largest trading partner, our guest entered the largest dollar short position against US equities in his 35+ year career and turned strongly bullish on the PMs sector, in particular, gold / silver shares. For nearly 40 years, US trading partners have recycled trillions of US dollars vis-à-vis the massive trade deficit, by way of buying US Treasuries, resulting in the longest bond bull market in history. However, that four decade theme could be reversing on reports that the BRICS nations are dumping US debt, including Russia, which just sold half of its US Treasuries and China, the largest US debt holder. In response, Peter Grandich split half of his portfolio into physical gold / silver and half into the mining shares with a nearly 1:10 risk to reward ratio (10% downside vs. 100% upside potential). The discussion includes the seminal work of Egon von Greyerz on the Venezuelan Bolivar calamity, where a currency crisis resulted in hyperinflation; one ounce of gold now costs 75 million Bolivars in just a few months time.

Figure 1.1. Gold Soars to $75 Million Bolivar - Hyperinflation in Ven. - Egon von Greyerz

Note: Chart courtesy of Egon von Greyerz at GoldSwitzerland.com


Robert Kiyosaki & Chris Waltzek - June 20th, 2018.

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Mp3 file: click here.

 

Summary

  • Robert Kiyoaski, America's 'Rich Dad' returns to the show, author of Second Chance: for Your Money, Your Life and Our World (2015).
  • The Rich Dad book series author expects the US shares rally to pause; he's accumulating a cash position to invest in safe haven assets.
  • Rich Dad expects for most investors to relinquish gains via illiquid assets such as sluggish mutual funds.
  • The investor herd has little knowledge of key alternatives to equities, which will further exacerbate the dilemma.
  • Robert Kiyosaki started purchasing gold at $70 an ounce en route perhaps to $10,000 and continues to HODL gold / silver at these levels.
  • Gold remains the ideal hedge against inflationary economic policies and unscrupulous activities.
  • In 2000, the US dollar was the de facto currency to own - today investors have many alternatives, such as the Euro, Bitcoin, PMs, etc.
  • Gold is the best financial portfolio insurance policy, the only money official sanctioned from above, "Gold is God's money."
  • For investors seeking income, dividend yielding US equities are advisable, notes our guest.
  • His "Five G's:" gold, gasoline, grub (food), ground (real estate), and guns will help every household withstand the imminent financial sea change.

Robert Kiyoaski, America's 'Rich Dad' returns to the show, author of Second Chance: for Your Money, Your Life and Our World (2015). The Rich Dad book series author expects the US shares rally to pause; he's accumulating a cash position to invest in safe haven assets. Rich Dad expects for most investors to relinquish gains via illiquid assets such as sluggish mutual funds. Plus, the investor herd has little knowledge of key alternatives to equities, which will further exacerbate the dilemma. Robert Kiyosaki started purchasing gold at $70 an ounce en route perhaps to $10,000 and continues to HODL gold / silver at these levels as the ideal hedge against inflationary economic policies and unscrupulous activities. In 2000, the US dollar was the de facto currency to own - today investors have many alternatives, such as the Euro, Bitcoin, PMs, etc. Nonetheless, gold is the best financial portfolio insurance policy, the only money official sanctioned from above, "Gold is God's money." For investors seeking income, dividend yielding US equities are advisable, notes our guest. Moreover, his "Five G's:" gold, gasoline, grub (food), ground (real estate), and guns will help every household withstand the imminent financial sea change.


Professor Laurence Kotlikoff & Chris Waltzek Ph.D. - June 14, 2018.

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Mp3 format.

 

Highlights

  • Professor Laurence Kotlikoff, author of the FREE book: You're Hired! says gold and silver investors could emerge victorious.
  • What could drive PMs prices higher? Our trading "partners" are already starting to make it clear that they don't need us.
  • Tensions between the US and key nations continues to ratchet up on the heels of Group of Seven nations talks in Canada this past weekend.
  • The trade feud between Washington and Canada, Mexico, Europe, and China is intensifying.
  • French President Emmanuel Macron proposed the US is wrecking global diplomatic relations, calling for the US to be removed from the G-7 group. According to Labor Department report, US jobless claims fell slightly this month, with the number of layoffs in the U.S. close to a 50-year low.
  • Initial weekly jobless claims dropped 1,000 to 222,000 for the week ended June 2.
  • The number of Americans filing for unemployment benefits unexpectedly declined indicating tighter labor conditions.
  • The unemployment rate remains at a 18-year low of 3.8 percent. The discussion swerves to the new technological revolution in AI / robots.
  • The sea change could displace more jobs than can be replaced over the coming years, leading to a global unemployment epidemic without viable solutions.
  • For instance, new versions of IBM's Deep Blue AI, are displacing formerly insulated, high skill jobs deemed impervious to automation, just a few years prior (figure 1.1.).

Economist Professor Laurence Kotlikoff, author of the FREE book: You're Hired! says gold and silver investors could emerge victorious compared to most asset classes, including US shares. What could drive PMs prices higher? Our trading "partners" are already starting to make it clear that they don't need us as tensions between the US and key nations continues to ratchet up on the heels of Group of Seven nations talks in Canada this past weekend. The trade feud between Washington and Canada, Mexico, Europe, and China is intensifying with French President Emmanuel Macron proposing that the US is wrecking global diplomatic relations, calling for the world's largest economy to be removed from the G-7 group. Meanwhile, according to Labor Department report, US jobless claims fell slightly this month, with the number of layoffs in the U.S. close to a 50-year low. Initial weekly jobless claims dropped 1,000 to 222,000 for the week ended June 2. In addition, the number of Americans filing for unemployment benefits unexpectedly declined indicating tighter labor conditions. The unemployment rate remains at a 18-year low of 3.8 percent. The discussion swerves to the new technological revolution in AI / robots that could displace more jobs than can be replaced over the coming years, leading to a global unemployment epidemic without viable solutions. For instance, new versions of IBM's Deep Blue AI, are displacing formerly insulated, high skill jobs deemed impervious to automation, just a few years prior (figure 1.1.).

Figure 1.1. Japanese insurance company Replaces 34 workers with AI

Note. Video provided courtesy of Youtube.com.


Bill Murphy & Chris Waltzek Ph.D. - June 13th, 2018.

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Highlights

  • Bill Murphy of GATA.org notes the risk / reward scenario for precious metals investors may have never been this favorable.
  • The massive JP Morgan silver short position and it's potential to cause an epic short-squeeze, sending the price of silver skyward.
  • The dialogue includes two favorite Alpha Stock Newsletter gold stock candidates, Agnico Eagle (AEM) and Pan American Silver (PAAS).
  • Today, the FOMC raised the overnight lending rate by a quarter point to 2% for the fist time in a decade.
  • Policymakers noted expectations for the already tame unemployment rate of 3.8%, the lowest in 17 years, to drop further to 3.6%.
  • The yield curve is vulnerable to inversion after the Dec. FOMC quarter point rate hike, leading to an economic slowdown as soon as the summer of 2019.
  • The trade war between Washington and our neighbors Canada / Mexico as well as major trade partners, Europe / China remains a wildcard that has the smart money accumulating safe haven investments ahead of potential economic sanctions related blowback.
Bill Murphy of GATA.org notes the risk / reward scenario for precious metals investors may have never been this favorable. the massive JP Morgan silver short position and it's potential to cause an epic short-squeeze, sending the price of silver skyward as well as silver producers such as First Majestic with CEO Keith Neumeyer. The dialogue includes two favorite Alpha Stock Newsletter gold stock candidates, Agnico Eagle (AEM) and Pan American Silver (PAAS), both of which continue to outperform the underlying XAU index. Today, the FOMC raised the overnight lending rate by a quarter point to 2% for the fist time in a decade; policymakers noted expectations for the already tame unemployment rate of 3.8%, the lowest in 17 years, to drop further to 3.6%, offering additional wiggle room for an 8th rate hike in this cycle at the December FOMC meeting. Nevertheless, the yield curve is vulnerable to inversion after the Dec. FOMC quarter point rate hike, leading to an economic slowdown as soon as the summer of 2019, which could put the PMs markets back on the global investing stage, as investors seek shelter from the lofty S&P P/E's ratio. The trade war between Washington and our neighbors Canada / Mexico as well as major trade partners, Europe / China remains a wildcard that has the smart money accumulating safe haven investments ahead of potential economic sanctions related blowback.

Chris Martenson Ph.D. & Chris Waltzek Ph.D. - June 7th, 2018.

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Mp3 format.

Highlights

  • Chris Martenson from PeakProsperity.com, author of Prosper! says the global macroeconomic outlook is dire.
  • Given the downturn in the long-running credit cycle, considerable QE efforts will be required via CB monetary policy to maintain the status quo.
  • CB, QE operations oftentimes result in unexpected consequences, in particular, runaway inflation, which bodes well for precious metals investors.
  • Investors must search for "real, tangible wealth," and no asset class better fulfills this characteristic than gold and related shares.
  • Gold performs best as a hedge against monetary / currency crises and distrust of policymaker decisions.
  • Despite that fact that silver currently sells for less than the production cost and silver's history as a monetary metal and inelastic supply / demand.
  • The precious metal remains a leverage play on gold with the benefit of its industrial appeal.
  • Semiprecious metals are also of interest, including nickel and indium, as tangle assets become rarer and more difficult to mine.
  • The show wraps with a brief discussion on the benefits of intermittent fasting and hourly exercise breaks.
  • Intermittent fasting has been statistically proven to boost calorie consumption / metabolic rate by up to 10%-14% without any exercise or medicine required.
  • The AMA recommends walking briskly every hour for at least 2-3 minutes to reduce the symptoms of pre-diabetes and Type II diabetes, promote healthy cardio function, reduce arterial sclerosis and enhance quality of life.

Chris Martenson from PeakProsperity.com, author of Prosper! says the global macroeconomic outlook is dire. Given the downturn in the long-running credit cycle, considerable QE efforts will be required via CB monetary policy to maintain the status quo. Nevertheless, QE operations oftentimes result in unexpected consequences, in particular, runaway inflation, which bodes well for precious metals investors who have endured several frustrating seasons. Investors must search for "real, tangible wealth," and no asset class better fulfills this characteristic than gold and related shares. Gold performs best as a hedge against monetary / currency crises and distrust of policymaker decisions. Similarly, despite that fact that silver currently sells for less than the production cost and silver's history as a monetary metal and inelastic supply / demand, the precious metal remains a leverage play on gold with the benefit of its industrial appeal. Semiprecious metals are also of interest, including nickel and indium, as tangle assets become rarer and more difficult to mine, amid a global population explosion topping 7.6 trillion inhabitants. The show wraps with a brief discussion on the benefits of intermittent fasting and hourly exercise breaks; intermittent fasting has been statistically proven to boost calorie consumption / metabolic rate by up to 10%-14% without any exercise or medicine required (figure 1.1.). Plus the AMA recommends walking briskly every hour for at least 2-3 minutes to reduce the symptoms of pre-diabetes and Type II diabetes, promote healthy cardio function, reduce arterial sclerosis and enhance overall quality of life, naturally.

Figure 1.1. Intermittent Fasting replenishes Mitochondria - Dr Rhonda Patrick on Joe Rogan Experience

Note. Video provided courtesy of Youtube.com.


Martin Armstrong & Chris Waltzek Ph.D. - June 6th, 2017.

  • Global financier, Martin Armstrong of Armstrong Economics rejoins the show with this latest market commentary.
  • Despite the coordinated Herculean efforts of global central banks, low rate policies have failed to revive the economic patient.
  • Pension funds and related retiree accounts have suffered through impossibly low rates, further compounding the difficulties facing already strapped retirees.
  • Similar to the Carillion shares implosion, our guest views European banking-behemoth as a derivatives laden ($45 trillion) impending accident.
  • DB remains the potential Achilles' Heel that could wreck the EU economy, triggering a new global economic crisis.
  • The EU was doomed from the onset due to the lack of homogeneity within the cultural, socioeconomic environment among member states.
  • Martin Armstrong expects the PMs sector bull market to return when the typical investor loses confidence in monetary policies.
  • The Armstrong economic model currently expects the near parabolic climb in US equities to continue, with the Dow Jones potentially doubling again from current levels to has high as 50,000.

Global financier, Martin Armstrong of Armstrong Economics rejoins the show with this latest market commentary. Despite the coordinated Herculean efforts of global central banks, low rate policies have failed to revive the economic patient. As a result, pension funds and related retiree accounts have suffered through impossibly low rates of return, further compounding the difficulties facing already strapped retirees. In similar fashion as the Carillion shares implosion, our guest views European banking-behemoth as a derivatives laden ($45 trillion) accident looking for a place to occur; DB remains the potential Achilles' Heel that could wreck the EU economy, triggering a new global economic crisis. Essentially, the EU was doomed from the onset due to the lack of homogeneity within the cultural, socioeconomic environment among member states. Martin Armstrong expects the PMs sector bull market to return when the typical investor loses confidence in monetary policies. The Armstrong economic model currently expects the near parabolic climb in US equities to continue, with the Dow Jones potentially doubling again from current levels to has high as 50,000.

Figure 1.1. Tim Draper on the Blockchain Revolution

Note. Video provided courtesy of Youtube.com.


Dr. Paul Craig Roberts & Chris Waltzek Ph.D. - May 31th, 2018.

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Highlights

  • Dr. Paul Craig Roberts from the Institute for Political Economy, author of several best-selling tomes, rejoins the show with solid news for PMs aficionados.
  • The discussion begins with the new global trade War; although the US has suffered the loss of 500,000 manufacturing jobs per year for over a decade.
  • The proposed cure to heal the economic patient (trade tariffs) may be more detrimental than the disease.
  • The US will deploy aluminum tariffs with Mexico and Canada as soon as this Friday, noted one report.
  • Our guest views tariffs on such manufacturing inputs as counterproductive.
  • "Globalism and neo-liberal economics, have essentially destroyed the national manufacturing base... and ruined the country."
  • While true "free trade" benefits all nations involved, the trouble stems from "absolute trade," which benefits one nation over the other trade partner.
  • Policymakers allowed the most productive domestic manufacturing cities to lose their key plants / facilities, decimating their key competitive edge.
  • The same malevolent processes are taking place in Italy, France, U.K. and Germany, injuring the classes for the economic benefit of the upper 1%.
  • He views the gold and silver safe havens as the only viable shelters from an impending economic maelstrom of epic proportions.

Dr. Paul Craig Roberts from the Institute for Political Economy, author of several best-selling tomes, rejoins the show with solid news for PMs aficionados. The discussion begins with the new global trade War; although the US has suffered the loss of 500,000 manufacturing jobs per year for over a decade, the proposed cure to heal the economic patient (trade tariffs) may be more detrimental than the disease. The US will deploy aluminum tariffs with Mexico and Canada as soon as this Friday, noted one report. Our guest views tariffs on such manufacturing inputs as counterproductive. In addition, "Globalism and neo-liberal economics, have essentially destroyed the national manufacturing base... and ruined the country." While true "free trade" benefits all nations involved, the trouble stems from "absolute trade," which benefits one nation significantly over the other trade partner. Policymakers allowed the most productive domestic manufacturing cities to lose their key plants / facilities, decimating their key competitive edge. The same malevolent processes are taking place in Italy, France, U.K. and Germany, injuring the working / middle classes for the economic benefit of the upper 1%. He views the gold and silver safe havens as the only viable shelters from an impending economic maelstrom of epic proportions.

 

Figure 1.1. HERO of the T.I. Community - Dr. John Hall, M.D.

Note. Video provided courtesy of Youtube.com.


Arch Crawford & Chris Waltzek Ph.D. - May 30th, 2018.

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Mp3.

Highlights

  • Arch Crawford, head of Crawford Perspectives for 41 consecutive years, outlines his technical perspective on US shares, gold, silver indexes.
  • Market volatility could explode next month; his work indicates June 6th through June 14th could be a difficult time in markets for traders / investors.
  • The current period is the longest consolidation without a new high in years, suggesting waning momentum in US share prices.
  • Uncertainty tends to be good for safe haven investments - Arch says he's "... a buyer of the metals (precious metals), as well as Bitcoin and any solid hedge."
  • The host notes, Financial money flows (WSJ) continue to favor financial stocks, a positive sign for the overall markets, as financial shares tend to lead the averages higher.

Arch Crawford, head of Crawford Perspectives for 41 consecutive years, outlines his technical perspective on US shares, gold, silver indexes. Market volatility could explode next month; his work indicates June 6th through June 14th could be a difficult time in markets for traders / investors. The current period is the longest consolidation without a new high in years, suggesting waning momentum in US share prices. However, uncertainty tends to be good for safe haven investments - Arch says he's "... a buyer of the metals (precious metals), as well as Bitcoin and any solid hedge." Nevertheless, the host notes, Financial money flows (WSJ) continue to favor financial stocks, a positive sign for the overall markets, as financial shares tend to lead the averages higher. The dialogue takes intriguing turns into esoteric topics of interest.

Figure 1.1. Ivan and Bitcoin OG, Roger Ver

Note. Video provided courtesy of Youtube.com.


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

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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.

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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.

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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.

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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.

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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.

 


NUGGETS ARCHIVE

2018a 2018 2017b 2017a 2017

2016c 2016b 2016a 2015c 2015b 2015a 2014 2007-2013


 

 

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