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Interview Nuggets

with Financial Industry Pros

Sponsor: Founder - Peter Spina

Host - Chris Waltzek Ph.D.



Goldseek.com Radio's New

Sponsor:

ONEGOLD Inc.

Audio Promo:

The Blockchain revolution is transforming the global arena, disrupting every industry in its path. Goldseek.com is excited to introduce an off the chain opportunity in digital gold and silver from our friends at APMEX and Sprott Inc.

  • ONEGOLD Inc. holds physical gold and silver metals at the Royal Canadian Mint.
  • The first online marketplace to offer secure and convenient buying, selling and redemption of digital PMs.
  • ONEGOLD uses VaultChain, a secure, immutable blockchain ledger developed by Tradewind Markets, the leading innovator in digital precious metals distributed ledger and blockchain technologies.
  • ONEGOLD metals are 100% redeemable for delivery of physical bullion to customers’ doors.
  • VaultChain gold and silver are available for purchases of any size and competitive prices with low transaction and storage costs.
  • OneGold.com is secure and accessible 24/7 on any device, offering convenient purchases and sales of precious metals.
  • Easy recurring transactions, makes passive saving and dollar cost averaging the gold price, as easy as a mouse click.
  • As a special offer and for a limited time only, ONEGOLD is offering gold and silver at spot price, with no additional premiums.
  • VaultChain sets the industry standard as a fully backed physical asset, with easy redemption in coins, rounds or bars offering clients peace of mind and full transparency.

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Michael Pento & Chris Waltzek Ph.D. - January 15th, 2019.

*

Mp3 format.

Highlights

  • Michael Pento, President and Founder of Pento Portfolio Strategies LLC returns to Goldseek.com Radio with a cutting-edge dialogue on Bitcoin.
  • Fiat money is quickly becoming a true "barbarous relic" thanks to the unsound policies of global central bankers.
  • The host outlines a bullet list of the remarkable qualities of cryptocurrencies "future-money" and the duo engage in a thought provoking debate.
  • The Bitcoin Bubble - the exponential rise of Bitcoin / Cryptos in 2017, where Bitcoin ascended from $1,000 to $20,000 in only 12 months, a 20x advance.
  • The host / guest concur on the similarities with the epic Nikkei market zenith. The host finds similarities with the Dot.com bubble where many companies survived and thrived, such as Amazon, Google and eBay.
  • Governments can shutdown cryptos easily: Mr. Pento notes the small number of BTC holders and core developing team as potential challenges.
  • The host counters, citing the decentralized nature of many coins and peer-to-peer structure of Bitcoin.
  • Bitcoin remains a national currency of Japan, extremely techno-friendly country.
  • Crytocurrencies are not money or currencies: Mr. Pento says cryptos are not rare and indestructible.
  • The host counters with the the nearly indecipherable nature and immutable aspects as well as the distributed digital ledger.
  • Cryptos maintain value, albeit highly volatile,an ideal peer-to-peer digital currency solution.
  • Gold is real money but not silver: Gold is the king of currencies, silver is the prince and cryptos share many similar qualities.
  • Bitcoin has been diluted by Forks (similar to dividends) and 10,000 other competing tokens.
  • The host agrees that there is dilution, however, there are also over 15,000 stocks trading on US exchanges and many companies within each industry.
  • Dilution does not detract from the value of cryptos but is de facto evidence of the need for diverse tokens.
  • Cryptos have no value? Mr. Pento agrees advocates digital wealth as a chief means of transferring wealth abroad.
  • The host directs the dialogue to the Bitcoin revolution underway in Venezuela where people are fleeing in droves amid 10 million percent inflation.
  • Transferring wealth across borders is challenging given the $300,000 could price of $3 loaf of bread, according to forecasts.
  • Just 2 years earlier and a gold coin $120,000,000 or $120 million in Venezeula!
  • Parallels are drawn between the numerous inflationary fiasco's from the genesis of civilization until today, including Ancient Greece, Rome, China.
  • 100 years of inflation during the 1700's in France is outlined best by Fiat Money Inflation in France (White, 1876), free PDF / HTML copies here.
  • In the last century, hyperinflation ravaged the economies throughout Europe as well as Zimbabwe.
  • Michael Pento outlines his less than favorable $1,300 Bitcoin price forecast via the Pentonomic multivariate-regression model.
  • Russia may purchase up to $10 billion in Bitcoin as a currency diversifcation according to Zero Hedge.com.

Michael Pento, President and Founder of Pento Portfolio Strategies LLC returns to Goldseek.com Radio with a cutting-edge dialogue on the Bitcoin and crypto market noting that fiat money is quickly becoming a true "barbarous relic" thanks to the unsound policies of global central bankers. The host outlines a bullet list of the remarkable qualities of cryptocurrencies "future-money" and the duo engage in a thought provoking and kind-spirited debate:

  • The Bitcoin Bubble - the exponential rise of Bitcoin / Cryptos in 2017, where Bitcoin ascended from $1,000 to $20,000 in only 12 months, a 20x advance was a bubble: the host / guest concur on the similarities with the epic Nikkei market zenith. However, the host finds similarities with the Dot.com bubble where many companies survived and thrived, such as Amazon, Google and eBay.
  • Governments can shutdown cryptos easily: Mr. Pento notes the small number of BTC holders and core developing team as potential challenges. The host counters, citing the decentralized nature of many coins and peer-to-peer structure of Bitcoin. In addition, Bitcoin remains a national currency of Japan, extremely techno-friendly country.
  • Crytocurrencies are not money or currencies: Mr. Pento says cryptos are not rare and indestructible, the host counters with the the nearly indecipherable nature and immutable aspects as well as the distributed digital ledger - cryptos maintain value, albeit highly volatile, ideal peer-to-peer digital currencies.
  • Gold is real money but not silver: Gold is the king of currencies, silver is the prince and cryptos share many similar qualities.
  • Bitcoin has been diluted by Forks (similar to dividends) and 10,000 other competing tokens: The host agrees that there is dilution, however, there are also over 15,000 stocks trading on US exchanges and many companies within each industry; dilution does not detract from the value of cryptos but is de facto evidence of the need for diverse tokens.
  • Cryptos have no value? Mr. Pento agrees advocates digital wealth as a chief means of transferring wealth abroad. The host directs the dialogue to the Bitcoin revolution underway in Venezuela where people are fleeing the nation in droves amid 10 million percent inflation, as forecasted by the IMF in a Reuter's article on GATA.org. Moving wealth across borders is challenging given that $300,000 could soon be required to purchase a $3 loaf of bread, just 2 years earlier and a gold coin $120,000,000 or $120 million! Parallels are drawn between the numerous inflationary fiasco's from the genesis of civilization until today, including Ancient Greece, Rome, China, 100 years of inflation during the 1700's in France, perhaps best illustrated by the easy to read, Fiat Money Inflation in France (White, 1876), free PDF / HTML copies here. In the last century, hyperinflation ravaged the economies throughout Europe as well as Zimbabwe.
  • Michael Pento outlines his less than favorable Bitcoin price forecast via the Pentonomic multivariate-regression model.

 


CEO Kenneth Lewis & Chris Waltzek Ph.D. - January 10th, 2019.

Mp3 file.

Highlights

  • ONEGOLD Inc. holds physical gold and silver metals at the Royal Canadian Mint through our friends at APMEX and Sprott Inc.
  • The first online marketplace to offer secure and convenient buying, selling and redemption of digital PMs.
  • ONEGOLD uses VaultChain, a secure, immutable blockchain ledger from Tradewind Markets, the leading innovator in digital precious metals tech.
  • ONEGOLD digital gold and silver are 100% redeemable for delivery of physical bullion to customers’ doors.
  • VaultChain gold and silver are available for purchases of any size and competitive prices with low transaction and storage costs.
  • OneGold.com is secure and accessible 24/7 on any device, offering convenient purchases and sales of precious metals.
  • Easy to setup recurring transactions makes passive saving and dollar cost averaging the gold price, as easy as a mouse click.
  • As a special offer and for a limited time only, ONEGOLD is offering gold and silver at spot price, with no additional premiums.
  • VaultChain sets the industry standard as a fully backed physical asset, with easy redemption in coins, rounds or bars offering clients peace of mind.
  • Tiered pricing insures optimal purchases for each transaction.
  • ONEGOLD leverages the advantages of the gold and crypto, a unique synthesis of two diverse asset classes.
  • Account funding couldn't be simpler through check, ACH, bank wire, PayPal and even Bitcoin.
  • Investing is available before funds settle with as little as $1 up to $125,000.

CEO of APMEX and founder of ONEGOLD Inc., Kenneth Lewis makes his Goldseek.com Radio debut with an overview of the new ONEGOLD digital platform. OneGold Inc. holds physical gold and silver metals at the Royal Canadian Mint through our friends at APMEX and Sprott Inc. The first online marketplace to offer secure and convenient buying, selling and redemption of digital PMs. OneGold uses VaultChain, a secure, immutable blockchain ledger developed by Tradewind Markets, the leading innovator in digital precious metals distributed ledger and blockchain technologies. OneGold digital gold and silver are 100% redeemable through OneGold for delivery of physical bullion to customers’ doors. VaultChain gold and silver are available for purchases of any size and competitive prices with low transaction and storage costs. OneGold.com is secure and accessible 24/7 on any device, offering convenient purchases and sales of precious metals. Easy recurring transactions, makes passive saving and dollar cost averaging the gold price, as easy as a mouse click. As a special offer and for a limited time only, OneGold is offering gold and silver at spot price, with no additional premiums. VaultChain sets the industry standard as a fully backed physical asset, with easy redemption in coins, rounds or bars offering clients peace of mind and full transparency. Additionally, OneGold offers 2F (2 factor authorization) vastly improving safety over even the major money-center banks. OneGold worked closely with legal experts to insure the platform mirrors a crypto utility rather than a security token, maintaining harmony with more stringent US regulations. Tiered pricing insures optimal purchases for each transaction while investors also have the option of regular automated purchases to facilitate dollar-cost-averaging, the preferred investment method of professionals. OneGold leverages the advantages of the gold and crypto, a unique synthesis of both worlds to the benefit of each client. Funding the account couldn't be simpler through check, ACH, bank wire, PayPal and even Bitcoin - clients can make their 1st transaction before funds settle with as little as $1 up to $125,000. Everyone is encouraged to bookmark OneGold.com for the safest and most convenient digital PMs.

 


John Williams & Chris Waltzek Ph.D. - January 8th, 2019.

Mp3 file.

Highlights

  • The founder of Shadowstats.com, a leading online alternative economic-resource offers listener's a financial market overview for 2019.
  • John Williams notes the economic mishaps leading up to the Great Recession of 2008 were mostly ignored.
  • The inordinately large global financial-bubble in paper assets as well as an inflated housing echo-bubble part II.
  • The Federal Reserve may soon reverse monetary policy to shore up the housing market and domestic economy.
  • According to Shadowstats.com's economic-data revisions, the culprit remains understated inflation-figures, that vastly overstate the GDP numbers.
  • As the masses recognize the economic slight-of-hand, a panic for hard assets will inevitably ensue, sending overinflated paper assets into the abyss.
  • The current restrictive QT could soon shift to more dovish QE operations, reversing the rate hike and toxic debt sales policy.
  • Investors are encouraged to be cautious with US equities given the likelihood of a recession and instead rely on physical gold and silver bullion.
  • Imminent financial panic could unfold as economic conditions unravel while policymakers struggle to manage the Great Recession 2.0.
  • Investors in North America, the EU, Japan, China and other nations could wake up to a currency reset and half the purchasing power.
  • Rehypothecation on a global scale could parallel the scenarios that played out in Cyprus and Poland.
  • The battle between the White House and the Fed could escalate adding to market volatility.
  • Even if the duo are wrong and the Dow Jones Industrials runs to 50k, the perfect panacea remains gold.
  • Takeaway point: a 10% golden insurance policy for every investment portfolio carries zero premiums and cannot negatively impact the excepted return.
  • Arguably, gold is an enhanced insurance alternative, representing the most pragmatic non-premium policy available.
  • Almost 80% of American Workers Just 1 Paycheck Away From Financial Disaster.

Head of Shadowstats.com, a leading online alternative economic-resource offers listener's a dose of economic truth and a financial market overview for 2019. John Williams notes the economic mishaps leading up to the Great Recession of 2008 were mostly ignored, resulting in an inordinately large global financial-bubble in paper assets as well as an inflated housing echo-bubble part II. Despite the Labor Department's National Unemployment Rate holding near 50 year lows and solid GDP figures, The Federal Reserve may soon reverse monetary policy to shore up the housing market and domestic economy, still reeling from the impact of the trade war with China. According to Shadowstats.com's economic-data revisions, the culprit remains understated inflation-figures, that vastly overstate the GDP numbers. As the masses recognize the economic slight-of-hand, a panic for hard assets will inevitably ensue, sending overinflated paper asset prices, such as LT bonds into the abyss. To rectify the inevitable asset reset, the current restrictive QT could soon shift to more dovish QE operations, reversing the rate hike and toxic debt sales policy to one of lower rates and debt purchases. Investors are encouraged to be cautious with US equities given the likelihood of a recession and instead rely on physical gold and silver bullion as safe havens amid potential financial market turbulence. Imminent financial panic could unfold as economic conditions unravel while policymakers struggle to manage the Great Recession 2.0 without the fail-safes available to their predecessors. Investors in North America, the EU, Japan, China and other nations could go to sleep with a solid bank balance only to wake up the next day amid a currency reset and half the purchasing power, i.e., rehypothecation on a global scale paralleling the scenarios that played out in Cyprus and Poland. In addition, the battle between the White House and the Fed could escalate adding to market volatility. Even if the duo are wrong and the Dow Jones Industrials runs to 50k, the perfect panacea remains gold. Takeaway point: a 10% golden insurance policy for every investment portfolio carries zero premiums and cannot negatively impact the excepted return in a significant fashion. Arguably, gold is an enhanced insurance alternative, representing the most pragmatic non-premium policy available.

Almost 80% of American Workers Just 1 Paycheck Away From Disaster!

 

Figure 1.1. NEW Tim Draper - #WebSummit - The crypto question: Predicting the unpredictable

Note. Video provided courtesy of Youtube.com.

Figure 1.2. NEW Tim Draper - #WebSummit - The Crypto's roller coaster year

Note. Video provided courtesy of Youtube.com.

 

 

Figure 1.3. CFCon 2018 / Tim Draper / How Crypto is the rocket-fuel of the 4th industrial revolution

Note. Video provided courtesy of Youtube.com.


Michael Pento & Chris Waltzek Ph.D. - January 3rd, 2019.

*

Mp3 format.

Highlights

  • Michael Pento, President and Founder of Pento Portfolio Strategies LLC returns to Goldseek.com Radio with comprehensive economic analysis.
  • While his Autumn market selloff came to pass as predicted on this show, market rallies may be merely selling opportunities.
  • Investors are encouraged to prepare for "... a global depression, the likes of which we've never seen..."
  • In the wake of QT operations via 9 Fed rate hikes, the higher cost of issuing new debt eliminated the incentives for corporate buybacks.
  • During the 2008-2009 Great Recession Fed Policymakers had the luxury of merely $0.8 trillion in debt and a 5% lending rate.
  • Today, the low 2.5% lending rate combined with the enormous $4 trillion Fed balance sheet lessens the impact of a new round of QE.
  • The global economy could be facing an imminent deflationary economic collapse.
  • Economic stabilization could require 24/7 monetary operations by the US Treasury.
  • The process would decimate free markets, initially through debilitating deflation followed by the panacea of last resort, dollar-devaluation.
  • The end result: rampant inflation reminiscent of Zimbabwe, Venezuela and the Weimar Republic.
  • Given the financial risks the duo concur that the nascent PMs bull market presents an excellent opportunity for portfolio diversification.

Michael Pento, President and Founder of Pento Portfolio Strategies LLC returns to Goldseek.com Radio with arguably the most comprehensive economic analysis online. His forecast for an Autumn market downturn came to pass as predicted on a previous show; market rallies may be merely selling opportunities for those who missed the chance; investors are urged to prepare for "... a global depression, the likes of which we've never seen..." In the wake of QT operations via 9 Fed rate hikes, the higher cost of issuing new debt has eliminated much of the incentives for new corporate buybacks, a key impetus of the epic ten year US equities rally. Unlike 2008-2009 Great Recession where Fed Policymakers held a mere debt load of $0.8 trillion with a 5% lending rate cushion that facilitated QE operations to stabilize the markets, today's comparatively low 2.5% lending rate and enormous $4 trillion Fed balance sheet threatens the validity of a new round of QE Part II while simultaneously telegraphing permanent monetization of the $4 trillion toxic debt purchases. Put simply, the global economy could be facing an imminent deflationary economic-collapse. Stabiliazation of the global economy amid the predicted 2018-2019 economic crisis could require 24/7 monetary operations by the US Treasury. The net impact could decimate free markets, initially through debilitating deflation, followed by the panacea of last resort, dollar-devaluation, resulting in rampant inflation reminiscent of Zimbabwe, Venezuela and the Weimar Republic. Given the financial risks outlined in the dialogue, the duo concur that the nascent PMs bull market presents excellent opportunities for portfolio diversification.

Further evidence of error correcting code at the quantum level and the holographic multiverse hypothesis.

Figure 1.1. Snowden (2016)| FREE on Amazon Prime

Note. Video provided courtesy of Youtube.com.

Figure 1.2. Sci-Fi Short Film "Seam" presented by DUST (Explicit Content, 21+)

Note. Video provided courtesy of Youtube.com.


Bob Hoye Part II. & Chris Waltzek Ph.D. - January 2nd, 2019.

* Mp3.

 

Highlights

  • Season 14 kicks off with part II of the discussion with Bob Hoye of Institutional Advisors, with stellar news for gold shares aficionado.
  • "PM's stocks will go to the equivalent of $10,000 gold," in the nascent bull market advance.
  • The dialogue includes the "citizen uprising" occurring throughout Europe and North America.
  • The host underscores the timeless wisdom of Mohandas Ghandi, who promoted societal enhancement via nonviolent resistance.
  • Economic history is replete with examples of cooperative trade that boosted the GDP of all nations involved despite sociopolitical differences.
  • Each country concentrated on its own relative competitive edge via Ricardo's models to the overall benefit of humanity, the hallmark prosperity.
  • Much of the recent prosperity was unknown merely 2-3 generations hence; society was devoid of antibiotics, AI, air travel, refrigeration, mobile phones.
  • Once trade barriers are erected, Adam Smith's invisible hand is burdened by taxes, reducing economic benefits of trade.
  • The Fed rate hiking cycle was clearly a key component of the equities zenith of 2018 and subsequent selloff.
  • The most glaring contributing factor is arguably the trade war between the US and China, where policymakers have chosen to ignore the lessons of history.
  • The Smoot-Hawley Tariff Act as well as the subsequent stock market collapse of nearly 90% and the Great Depression that followed.
  • Will history rhyme resulting in the Great Depression II, eclipsing the deluge of the 2008 Great Recession?
  • The increased market volatility and shift in CME FFF's contracts encourages investors to deploy defensive safe-haven investing methods.
  • TIME article for Bitcoin naysayers.
  • Putin signs anti-animal cruelty legislation.

Season 14 kicks off with part II of the discussion with Bob Hoye of Institutional Advisors, with stellar news for gold shares aficionado:"PM's stocks will go to the equivalent of $10,000 gold," in the nascent bull market advance. Plus the dialogue includes the "citizen uprising" occurring throughout Europe and North America. The host underscores the timeless wisdom of Mohandas Ghandi, who promoted societal enhancement via nonviolent resistance. Case in point, economic history is replete with examples of cooperative trade that boosted the GDP of all nations involved despite sociopolitical differences, as each country concentrated on its own relative competitive edge via Ricardo's models to the overall benefit of humanity, the hallmark of modern living standards. For instance much of the recent prosperity was unknown merely 2-3 generations hence; society was devoid of antibiotics, AI, air travel, refrigeration, mobile phones, laptops and even central heating / air conditioning. Conversely, once trade barriers are erected, Adam Smith's invisible hand is burdened by taxes, reducing economic benefits of trade and the incentives to proactively share innovative technologies. For instance, while the Fed rate hiking cycle was clearly a key component of the equities zenith of 2018 and subsequent selloff, the most glaring contributing factor is arguably the trade war between the US and China, where policymakers have chosen to ignore the lessons of history, chiefly the Smoot-Hawley Tariff Act as well as the subsequent stock market collapse of nearly 90% and the Great Depression that followed. Will history rhyme resulting in the Great Depression II, eclipsing the deluge of the 2008 Great Recession? The increased market volatility and shift in CME FFF's contracts encourages investors to deploy defensive safe-haven investing methods.

Figure 1.1. UFO Official Trailer (2018) Gillian Anderson, Sci-Fi Alien Decryption HD

Note. Video provided courtesy of Youtube.com.

Figure 1.2. Excellent Encryption B-Movie - Free on 123movies, Amazon Prime and TUBI - ALIEN CODE Official Trailer (2018) Sci-Fi Movie

Note. Video provided courtesy of Youtube.com.


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

* Mp3

 

Highlights

  • Part II of the discussion with the head of The Morgan Report includes an update on gold.
  • The PMs sector remains at bargain levels, a relative value to virtually every competing asset class and core of every solid investment portfolio.
  • Gold aficionados may be enjoy a sea-change in market sentiment in the New Year, emerging victorious as the investing champions of 2019.
  • Our guest recently added a new investment newsletter, Energy Stock Profits with options strategies and long-term portfolio plans.
  • The discussion offers words of encouragement to the hundreds of millions of struggling working and middle-class listeners.
  • The power of positive thinking cannot be overstated according to our guest, it is essential to maintain perspective on how fortunate we are.
  • Toxic global debt must be addressed in a cogent, proactive fashion via strong leadership in the US and China.
  • Additional concerns on the horizon: a US government shutdown of 25% of services and the threat of cyber warfare as US public utilities, corporations and even the Pentagon remain vulnerable to external digital-threats, such as zero-day attacks and related hacks.

Part II of the discussion with the head of The Morgan Report includes an update on gold. The PMs sector remains at bargain levels, a relative value to virtually every competing asset class and core of every solid investment portfolio. Gold aficionados may be enjoy a sea-change in market sentiment in the New Year, emerging victorious as the investing champions of 2019. Our guest recently added a new investment newsletter, Energy Stock Profits with options strategies and long-term portfolio plans. The discussion offers words of encouragement to the hundreds of millions of struggling working and middle-class listeners. The power of positive thinking cannot be overstated according to our guest, it is essential to maintain perspective on how fortunate we are in today's society compared to just a few decades ago. The dialogue includes an important threat overhanging the key economic superpowers, toxic global debt must be addressed in a cogent, proactive fashion via strong leadership in the US and China. Additional concerns on the horizon: a US government shutdown of 25% of services and the threat of cyber warfare as US public utilities, corporations and even the Pentagon remain vulnerable to external digital-threats, such as zero-day attacks and related hacks.

 

Figure 1.1. Meet The Dr. Who Teaches Doctors How to Heal - Andrew Weil M.D. via Natural Medicine

Note. Video provided courtesy of Youtube.com.

UPDATE: The US Dollar ETF (UUP) posted on this page a year ago, November 7th, 2017, remains a Bitcoin hedge with a statistical correlation of -.67 via LEAPS options. However, this correlation is unstable and it is questionable if the underlying UUP has nearly enough volatility to match Bitcoin, even with options; options on the FAS 3x S&P ETF also maintains a solid negative correlation of -.54. The best hedge on Bitcoin remains CBOE futures and options on futures (figure 1.1.).

Figure 1.2. Bitcoin Hedge UUP / BTC ETF -.67 Corr.

 

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

Figure 1.3. 6 Month Bitcoin Hedge - Derbit.com (highly suggest due diligence before investing here).

Note. Image courtesy of Google Images.


Bob Hoye & Chris Waltzek Ph.D. - December 27, 2018.

* Mp3.

 

Highlights

  • Bob Hoye of Institutional Advisors, and the host discuss the worst US stock market plunge in over 100 years, the "Mnuchin Massacre."
  • The Dow Jones Industrials plunged 1600 points last week, falling 650 further on Monday, recording the worst monthly decline its 122 year history.
  • The equities decline could foment a nascent PMs bull market with the potential to launch gold shares into orbit.
  • However, on Wednesday another record was set, the largest daily point-advance in history, as bulls pushed the benchmark index 1,000 points higher.
  • Investors were reassured that rumors of Jerome Powell's demise had been greatly exaggerated, he will remain the Fed Chairman until retirement.
  • Last Friday in the Market Weather Report, it was announced the US Fed appeared to have finished the rate hike cycle 6 months ahead of schedule.
  • According to the CME's FFF contracts, the probability of a rate hike in 2019 is low for all FOMC meetings.
  • Investors interpreted the news as a sign the domestic economy is not as robust as forecasts suggest.
  • The Fed could likely return to a more dovish stance, reversing from quant. tightening to quant. easing to the benefit of the precious metals markets.
  • After correctly remaining bearish for years, Bob Hoye expects a new PMs bull market in mining shares.
  • Our guest encourages subscribers to consider accumulation of gold shares during price-reactions.

Bob Hoye of Institutional Advisors, and the host discuss the worst US stock market plunge in over 100 years, the "Mnuchin Massacre" and the nascent PMs bull market with the potential to launch gold shares into orbit. The Dow Jones Industrials plunged 1600 points last week, falling 650 further on Monday, recording the worst monthly percentage decline its 122 year history. However, on Wednesday another record was set, the largest daily point-advance in history. Bulls pushed the benchmark index 1,000 points higher as investors were reassured rumors of Jerome Powell's demise had been greatly exaggerated, he will remain the Fed Chairman until retirement. Last Friday in the Market Weather Report, it was announced the US Fed appeared to have finished the rate hike cycle 6 months and 2 rate increases ahead of schedule - according to the CME's FFF contracts, the probability of a rate hike in 2019 is low for all FOMC meetings. Investors interpreted this news as a sign the domestic economy is not as robust as suggested by forecasts. The guest / host concur, the Fed could likely return to a more dovish stance, reversing from quantitative tightening to quantitative easing to the benefit of the precious metals markets. Moreover, after correctly remaining bearish for years, Bob Hoye expects a new PMs bull market that will particularly benefit PMs shareholders - he continues to advise his subscribers to consider accumulating gold mining shares during price-reactions.


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Blockchain Conservation Initiative

Proof of Safe Tusk (PoST)

PoST is a blockchain based, conservation effort (PDF Paper) to end the cruel and unnecessary ivory trade - if you or someone you know would like to support the effort, contact Chris at gsr@hughes.net.

 

 

Note. Image courtesy of Google Images.


$729 Neighborhood Fire Shield

Poor Richard

November 17th, 2018

PDF File

Abstract

This brief paper outlines an economical solution to the perennial inferno-problem plaguing California, resulting in tragic-fatalities and billions of dollars in property damages. While the valiant efforts of fire fighters improved conditions, still approximately 100 lives and 12,000 structures were lost in the November 2018 Paradise CA blaze. The research suggests that a fail-safe option could significantly improve conventional fire fighting methods. The $729 Firezat home shield represents an inexpensive, practical and mobile neighborhood fire-defense of last resort.


Gerald Celente Ph.D & Chris G. Waltzek Ph.D. - December 20th, 2018.

* We need your support.

Mp3 format.

Highlights

  • Part II of the talk with Trends Research Institute and Globalnomic® Trend Forecaster, Gerald Celente includes 4 key trends.
  • Higher interest rates, oil prices, social unrest and war rate high on the watchlist.
  • The economic recession in the Crimea region could ignite conflict between two powerful former allies, Ukraine and Russia.
  • US war ships have reportedly entered the distant Black Sea in direct response to social unrest that somewhat parallels the "yellow vest" protests.
  • A Globalnomic trend involves the risks / benefits of automation, robotics and AI.
  • Gerald Celente echoes biblical concepts noting "Blessed are the geeks" as the savvy could inherit much of the windfall of the current technological boom.
  • For the masses, sur-thrival will require self-sufficiency / sustainability at home, locally, regionally and at the national level.
  • Financial preparation includes precious metals investments, particularly gold, silver and palladium bullion, which represent optimal premium-free portfolio insurance ahead of the imminent global financial-reset.

Part II of the talk with founder of the Trends Research Institute and Globalnomic® Trend Forecaster Gerald Celente includes 4 key trends: higher interest rates, oil prices, social unrest and war. The economic recession in the Crimea could ignite conflict between two powerful former allies, Ukraine and Russia. US war ships have reportedly entered the distant Black Sea in direct response to social unrest that somewhat parallels the "yellow vest" protests disrupting France and Belgium. Another key Globalnomic trend involves the risks / benefits of automation, robotics and AI. Gerald Celente echoes biblical concepts noting "Blessed are the geeks" as the techno savvy could inherit much of the windfall of the current technological revolution. However, for the masses self-sufficiency / sustainability is essential, at the home, local, regional and national levels will be increasingly central to sur-thrival as the global recession forces central bankers to reverse the agrees rate hike cycle with more dovish cuts. Financial preparation includes precious metals investments, particularly gold, silver and palladium bullion, which represent optimal premium-free portfolio insurance ahead of the imminent global financial-reset.

Figure 1.1. CRISPR - Panacea for Cancer / HIV / All Diseases - Modified Bacteria / Viruses?

Note. Video provided courtesy of Youtube.com.

Figure 1.2. 13th Dr. Who - Episode 1 | The Woman Who Fell To Earth

Note. Video provided courtesy of Youtube.com.

David Morgan & Chris Waltzek Ph.D. - December 18th, 2018.

* Mp3

 

Highlights

  • On the cusp of a new year, season 14 of Goldseek.com Radio, the head of The Morgan Report rejoins the broadcast with unique insights on the financial markets.
  • David Morgan notes gold and related shares could benefit from the correction in US shares as investors redirect profits into safe haven assets to better balance portfolios.
  • As the US Fed continues to ratchet up rates the price of money keeps escalating, pressuring shares of corporations that participated in buybacks via cheap debt.
  • Case in point, GM and GE both repurchased record levels of shares, a practice formerly outlawed due to the tendency for price manipulation.
  • To avoid such issues, the typical precious metals investor with at least 10% allocated to gold and silver improves overall expected return beyond a basic stock portfolio.
  • The guest / host echo the pragmatism of Poor Richard's Almanack (1732) with truisms that transcend time nearly 300 years later.
  • Early preparation for the impending upheaval offers virtually every household the opportunity to transform survival scenarios into more favorable, sur-thrival outcomes.
  • Basic tenets include living within one's means, building household savings, reducing debt, improving self-reliance, storing ample basic necessities, accumulating cash, precious metals and cryptos, nurturing key partnerships and increasing tangible skill sets.

On the cusp of a new year, season 14 of Goldseek.com Radio, the head of The Morgan Report, David Morgan rejoins the broadcast with unique insights on the financial markets. The correction in US shares continues as investors redirect profits into safe haven assets to balance portfolio betas while improving overall expected return. As the US Fed continues to ratchet up rates the price of money keeps escalating pressuring shares of corporations that participated heavily in share buybacks via cheap debt. Case in point, GM and GE both repurchased record levels of shares, a practice formerly outlawed due to the tendency for price manipulation resulting in considerable financial strain amid the current stock market pullback. To avoid such issues, David Morgan insists that the typical precious metals investor with at least 10% allocated to gold and silver improves overall expected return beyond the basic stock portfolio, yielding improved insulation ahead of a potential financial reset. The guest / host echo the pragmatism of Poor Richard's Almanack (1732) with truisms that transcend time, nearly 300 years later; early preparation for the impending financial / economic / sociopolitical upheaval offers virtually every household the opportunity to transform survival scenarios into more favorable, sur-thrival outcomes. Key sur-thrival tenets include living within one's means, building household savings, reducing debt, improving self-reliance, storing ample basic necessities, accumulating cash, precious metals and cryptos, nurturing key partnerships and increasing tangible skill sets.

Figure 1.1. Epic Physics / Consciousness Discussion - Sir Roger Penrose - Joe Rogan Experience #1216

Note. Video provided courtesy of Youtube.com.

Figure 1.2. Excellent Dr. Who - Peter Capaldi's 2nd Season

Note. Video provided courtesy of Youtube.com.

 


Gerald Celente Ph.D & Chris G. Waltzek Ph.D. - December 13th, 2018.

* Please Support the Show!

Mp3 format.

Highlights

  • Founder of the Trends Research Institute and Globalnomic® Trend Forecaster Gerald Celente returns with the economic forecast for the new year.
  • $1,200 is the floor for gold - once the bulls push the price over $1,450 the sea change in sentiment could ignite an ascent to a new record over $2,000.
  • Topping the list of catalysts that could move the PMs sector include a spike in oil price from a potential war in the Persian Gulf or the Ukraine.
  • 2019 could see an economic 9/11 part II, not from the closely watched trade war, but instead from the risk of higher rates.
  • To stop an economic melt-up the US Fed is currently slated to ratchet up the overnight lending rate another quarter point at the 18th-19th FOMC meeting.
  • Although domestic home prices remain mostly firm, higher rates have put pressure on new home sales making housing less affordable.
  • Higher rates translates into "The end of cheap money," for borrowers and corporations, many of whom participated in costly share repurchases.
  • Our guest questions how long rates will remain elevated - global central banks could be forced to abruptly drop rates like 2008-2009.
  • While Gerald Celente notes the economic data suggests shares are overpriced, Stansburry Research is predicting a "Melt up" in US shares, where the Dow doubles to 50,000 and perhaps much further, mirroring the sentiments of The Forecaster, Martin Armstrong.
Founder of the Trends Research Institute and Globalnomic® Trend Forecaster Gerald Celente returns with the economic forecast for the new year. $1,200 is the floor for gold - once the bulls push the price over $1,450 the sea change in sentiment could ignite an ascent to a new all time record over $2,000. Topping the list of catalysts expected to spark the chain reaction in the PMs sector include a spike in the crude oil price stemming from war in the Persian Gulf or the Ukraine. 2019 could see an economic 9/11 part II, not from the closely watched trade war between the two global economic-superpowers, but instead from the risk of higher rates. To keep the domestic economy from overheating the US Fed is currently slated to ratchet up the overnight lending rate another quarter point at the Dec 18th-19th FOMC meeting and hike again 3-4 times in 2019. Although domestic home prices remain mostly firm, higher rates have put pressure on new home sales making housing less affordable amid climbing mortgage rates. Higher rates translates into "The end of cheap money," for borrowers and corporations, many of whom bought back billions of dollars of their own shares, such as GE that recently plunged from over $30 to $6 as the longest remaining Dow company, the hallmark of US Corporate America, General Electric, GE is struggling to remain solvent. However, although GE could be ejected from the Dow 30, just a year ago the former Blue Chip was a high flyer (figure 1.1. & 1.2.). Nonetheless, out guest questions how long rates will remain elevated - global central banks could be forced to abruptly drop rates in similar fashion as 2008-2009 as stock markets continue to erase several years of shares gains. While Gerald Celente notes the economic data suggests shares are overpriced, Stansburry Research is predicting a "Melt up" in US shares, where the Dow doubles to 50,000 and perhaps much further, mirroring the sentiments of The Forecaster, Martin Armstrong.

Figure 1.1. GE Share Price Near Record 1 Year Earlier

Figure 1.2. GE Share Price Plunge

Note. Chart provided via written permission from Stockcharts.com.

 

Figure 1.3. Positive Life Strategies: Joe Rogan Experience #1208 - Jordan Peterson (Explicit Language, 21+)

Note. Video provided courtesy of Youtube.com.

Figure 1.4. Brilliant Insights on A.I., Cryptos and Futurism: Joe Rogan Experience #1211 - Dr. Ben Goertzel (Explicit Language, 21+)

Note. Video provided courtesy of Youtube.com.

Part II. - Peter Schiff & Chris Waltzek Ph.D. - December 11th, 2018.

* Mp3.

 

Highlights

  • In part II of the discussion, Peter Schiff, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX) offers his latest insights.
  • Gold and related precious metals markets are building a base for the next big bull run, similar to palladium, projected by the host to surpass gold.
  • The guest advocates converting cryptocurrencies into discounted PMs to benefit from the new uptrend, as Crypto-geddon related losses extend into 2019.
  • A bottleneck in liquidity between buying / selling cryptocurrencies appears to be a key component of the 2017 bubble and the subsequent 2018 crash.
  • The blockchain concept shows great promise to revolutionize virtually every area of commerce, education, and government.
  • Peter Schiff outlines concerns that the magnitude of the 2017 top and decline imparted irreparable damage to the typical HODLer.
  • The sea change in investor sentiment might suppress price until the last holder tosses in the proverbial towel.
  • Still the tenacious Bitcoin refuses to disappear, especially in Japan where it is nationally recognized as a currency and used regularly in retail transactions.
  • Similar to the Dot.com fallout from 2000-2003, the weaker cryptos will evaporate clearing the forest for new growth and innovative technologies such as Ethereum, a currency with numerous use cases.

In part II of the discussion, Peter Schiff, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX) offers his latest insights on the PMs and the cryptos. Gold and related precious metals markets are building a base for the next big bull run, similar to palladium, projected by the host to surpass gold in price for the first time in history. Turning to Crypto-geddon, Peter Schiff advocates converting cryptocurrencies into discounted PMs to benefit from the new uptrend, as crypto losses may extend into 2019. A bottleneck in liquidity, between buying / selling cryptocurrencies appears to be a key component of the 2017 bubble and the subsequent 2018 crash. While the blockchain concept shows great promise to revolutionize virtually every area of commerce, education, and government, Peter Schiff outlines concerns that the magnitude of the 2017 top and decline imparted irreparable damage to the typical HODLer; the sea change in investor sentiment might suppress price until the last holder tosses in the proverbial towel. Still the tenacious Bitcoin refuses to disappear, especially in Japan where it is nationally recognized as a currency and used regularly in retail transactions in major cities. Similar to the Dot.com fallout from 2000-2003, the weaker cryptos will evaporate clearing the forest for new growth and innovative technologies such as Ethereum, a currency with numerous use cases.

Figure 1.1. Food Matters - Life Enhancing Documentary

Note. Video provided courtesy of Youtube.com.

Figure 1.2. Gerson Miracle - Natural Medical Treatment

Note. Video provided courtesy of Youtube.com.

Part II. - Bob Hoye & Chris Waltzek Ph.D. - December 5th, 2018.

* Mp3.

 

Highlights

  • In Part II. with Bob Hoye of Institutional Advisors, the narrative includes cryptocurrencies.
  • The high level of misinformation surrounding the de facto currency of the future requires closer examination.
  • The debate between Bitcoin aficionados and naysayers is put under the microscope.
  • The viability of Bitcoin as a payment system with a few transactions per second versus credit card companies that facilitate thousands per second. The the host notes the inexpensive nature of transferring wealth, sometimes as low as $0.01 per $10,000 Bitcoin transaction.
  • In addition, $194 million in Bitcoin was transferred for merely ten cents.
  • The same transaction using traditional wire transfers could cost "tens of thousands of dollars" and require days to clear.
  • The argument was debunked by numerous sources as Bitcoin is easily tracked by authorities.
  • According to media sources, privacy coins such as Monero and Zcash are rarely used for the dark-web transactions, deemed less desirable.
  • Although in bear market territory, a few altcoins are showing signs of life, such as SALT and WAVES; both rebounded around 50% this week.
  • Key takeaway, Bitcoin is the antithesis of draconian fiat money, which is not prescribed by the US Constitution.
  • Bitcoin sidesteps rent-seeking behavior by transferring wealth directly among the masses thereby enhancing personal freedom for the masses.
  • Bitcoin closely emulates the role of money as outlined by the US Constitution.
  • Ethereum offers machines / AI personal freedom today and likely even pets in the future via breakthroughs in inter species communication.
  • The discourse concludes with a memorial to the hundreds lost in wild fire tragedies, such as in the November 2018, Paradise CA inferno and a simple, inexpensive plan of last resort to avert future disasters: .pdf file.

In Part II. with Bob Hoye of Institutional Advisors, the narrative includes cryptocurrencies in particularly the need to improve public awareness and education on the important topic. The high level of misinformation surrounding the de facto currency of the future requires closer examination. Although in bear market territory, a few altcoins are showing signs of life, such as SALT and WAVES; both rebounded around 50% this week. The debate between Bitcoin aficionados and naysayers is put under the microscope, including the viability of Bitcoin as a payment system with a few transactions per second versus credit card companies that facilitate thousands of transactions per second. However, the host notes the inexpensive nature of transferring wealth, sometimes as low as $0.01 per $10,000 Bitcoin transaction, as well as $194 million transferred for ten cents. The same transaction using traditional wire transfers could cost "tens of thousands of dollars" and require days to clear, making a solid case for cryptos. Another fallacy regularly cited by detractors involves the use of cryptos for nefarious purposes, an argument debunked by numerous sources as Bitcoin is easily tracked by authorities. In addition, according to media sources, privacy coins such as Monero and Zcash are rarely used for the dark-web transactions, deemed less desirable than the key currencies for most transactions. Key takeaway, Bitcoin is the antithesis of draconian fiat money, which is not prescribed by the US Constitution; Bitcoin sidesteps rent-seeking behavior by transferring wealth directly among the masses via peer-to-peer transactions thereby enhancing personal freedom to the disenfranchised, more closely emulating and fulfilling the role of money as outlined by the US Constitution (Ethereum offers machines / AI personal freedom today and perhaps pets someday via breakthroughs in inter species communication). The discourse concludes with a memorial to the hundreds lost in wild fire tragedies, such as in the November 2018, Paradise CA inferno and a simple, inexpensive plan of last resort to avert future disasters:

This brief paper outlines an economical solution to the perennial inferno-problem plaguing California, resulting in tragic-fatalities and billions of dollars in property damages. While the valiant efforts of fire fighters improved conditions, still approximately 100 lives and 12,000 structures were lost in the November 2018 Paradise CA blaze. The research suggests that a fail-safe option could significantly improve conventional fire fighting methods. The $729 Firezat home shield represents an inexpensive, practical and mobile neighborhood fire-defense of last resort, download free .pdf.

 

 

Figure 1.3. Humans Season 3 Episode 1 - Insightful British View on AI, Humanoids and Discrimination - Peer 10-20 Years Into the Future.

Note. Video provided courtesy of Youtube.com.

Harry S. Dent Jr. & Chris Waltzek Ph.D. - December 5th, 2017.

*Mp3 format.

 

Highlights

  • Harry S. Dent Jr., the Author of Zero Hour and Editor of Economy and Markets newsletter - link to FREE newsletter, rejoins the show.
  • Gold, silver and related shares appear to be building a solid base for an advance as well as cryptos where Bitcoin could ascend to $25,000.
  • The Blockchain concept will thrive as the backbone of the new Internet 2.0, with profound utopian-like implications for virtually every aspect of life.
  • Entertainment, employment, banking, finance, education, legal, healthcare, insurance, voting security and government with benefit from the blockchain.
  • The decentralized peer-to-peer, transparent, blockchain based currency model will over time, inevitably overturn the opaque and highly regulated fiat model.
  • The Blockchain will lessen the frequency and magnitude of economic bubbles and their subsequent contractions.
  • The worst of the US stock market correction seems to be in the rearview mirror at least until the Fed wraps-up the rate hike cycle in mid-2019.
  • Next year could mark the ultimate zenith for US equities as the current price "Bubble" culminates with the Dow Jones Industrials topping 30,000.
  • The resulting price crash could mirror the -89% drop in '30-'33.
  • The bubble parallel extends to the ominous Dot.com peak of 2000 where trade tariffs and immigration issues may have contributed to the declines. Current markets have extended beyond the dreams of avarice, including global real estate, stocks, and commodities.
  • A primary Baby Boomer group that comprises 50% of spending will soon curtail purchases, potentially in a significant decline in GDP growth.
  • The net affect could slow domestic economic output for years, further burdening the already challenged system where over half of US households already require Federal assistance.

Harry S. Dent Jr., the Author of Zero Hour and Editor of Economy and Markets newsletter - link to FREE newsletter, rejoins the show with his insights on the financial markets. Gold, silver and related shares appear to be building a solid base for an advance as well as cryptos where Bitcoin could ascend to $25,000 with the important proviso, support at $3,000 must hold firm. Nevertheless, the Blockchain concept will thrive as the backbone of the new Internet 2.0, with profound utopian-like implications for virtually every aspect of life, including entertainment, employment, banking, finance, education, legal, healthcare, insurance, voting security and government. The decentralized peer-to-peer, transparent, blockchain based currency model will over time, inevitably overturn the opaque and highly regulated fiat model, vastly lessening the frequency and magnitude of economic bubbles and their subsequent contractions. The duo agree that the worst of the US stock market correction seems to be in the rearview mirror at least until the Fed wraps-up the rate hike cycle in mid-2019. Next year could mark the ultimate zenith for US equities as the current price "Bubble" culminates with the Dow Jones Industrials topping 30,000 (comparable to Martin Armstrong's forecast), resembling the 1920's rally. In similar fashion, the resulting price crash could mirror the -89% drop in '30-'33. The bubble parallel extends to the ominous Dot.com peak of 2000 where trade tariffs and immigration issues may have contributed to the abrupt declines. Keeping with the bubble theme, current markets have extended beyond the dreams of avarice, including global real estate, stocks, and commodities. Turning to key demographic trends impacting the markets; a primary Baby Boomer group that comprises 50% of spending will soon curtail purchases, potentially in a significant decline in GDP growth. The net affect could slow domestic economic output for years, further burdening the already challenged system where over half of US households already require Federal assistance.

Figure 1.1. Humans Season 2 Episode 2 - Insightful British View on AI, Humanoids and Discrimination - Peer 10-20 Years Into the Future

Note. Video provided courtesy of Youtube.com.

Part I. - Bob Hoye & Chris Waltzek Ph.D. - November 29th, 2018.

* Mp3.

 

Highlights

  • In Part I. of this discussion with Bob Hoye of Institutional Advisors includes a startling sea change in attitude towards the PMs sector.
  • After years of bearishness, Bob Hoye announced the potential for an epic GOLD RUSH on the horizon in the PMs sector, in particular, the mining shares.
  • Lower expenses and deflation in typical shares enhance their appeal of PMs equities to the benefit of shareholders.
  • 10 million percent inflation is expected in Venezuela, as forecasted by the IMF in a Reuter's article on GATA.org.
  • Today, $300,000 could soon be required to purchase a $3 loaf of bread, just 2 years earlier and a gold coin $120,000,000 or $120 million!
  • Parallels are drawn between the numerous inflationary fiasco's from the genesis of civilization until today, including Ancient Greece, Rome, China.
  • 100 years of inflation occurred during the 1700's in France, perhaps best illustrated by the easy to read, Fiat Money Inflation in France (White, 1876),
  • In the last century, hyperinflation ravaged the economies throughout Europe as well as Zimbabwe.
  • Today Venezuela is unraveling amid runaway inflation, and Argentina is on the cusp of hyperinflation at 32%, while Brazil is on the inflation watchlist.
  • Just as gold and silver shielded purchasing power millennia hence, the perfect panacea for hyperinflation today remains PMs investments.
In Part I. of this discussion with Bob Hoye of Institutional Advisors includes a startling sea change in attitude towards the PMs sector. After years of bearishness, Bob Hoye announced the potential for an epic GOLD RUSH on the horizon in the PMs sector, in particular, the mining shares, as lower expenses and deflation in typical shares enhance their appeal to the benefit of shareholders. The discussion turns to the 10 million percent inflation in Venezuela, as forecasted by the IMF in a Reuter's article on GATA.org, where $300,000 could soon be required to purchase a $3 loaf of bread, just 2 years earlier and a gold coin $120,000,000 or $120 million! Parallels are drawn between the numerous inflationary fiasco's from the genesis of civilization until today, including Ancient Greece, Rome, China, 100 years of inflation during the 1700's in France, perhaps best illustrated by the easy to read, Fiat Money Inflation in France (White, 1876), free PDF / HTML copies here. In the last century, hyperinflation ravaged the economies throughout Europe as well as Zimbabwe. Today Venezuela is unraveling amid runaway inflation, and Argentina is on the cusp of hyperinflation, currently at 32% while Brazil is on the inflation watchlist. Just as gold and silver shielded purchasing power millennia hence, the perfect panacea for hyperinflation today remains PMs investments.

 

Must Read Articles - Host Uses Most of These Methods:

1. Live to 90 Naturally - Like These Folks.

2. Natural Immune Boosting - Fight Winter Blues / Colds / Flu

Figure 1.1. Humans Season 1 Episode 1 - Brilliant British Outlook on AI, Humanoids and Discrimination - Peer 10-20 Years Into the Future

Note. Video provided courtesy of Youtube.com.

Figure 1.2. Meet The $50 Billion Man! Dan Peña - An Epic American-Immigrant Success Story - Joe Rogan Experience #929 (Adult Language and Content, 21+ only)

Note. Video provided courtesy of Youtube.com.


Part I. - Peter Schiff & Chris Waltzek Ph.D. - November 28th, 2018.

* Mp3.

 

Highlights

  • Peter Schiff, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX) joins the show from his vacation office in tropical Crypto-Rico, where air conditioning service, not heating is the chief concern today.
  • Key takeaway - gold is building a base that will likely culminate in new record prices, from $2,000 - $5,000 and under extreme conditions, $10,000+.
  • Part I. of the talk includes key topics: PMs, US Equities Bear Market, Crude Oil and general commentary on the US economy.
  • The guest / host outline their thoughts on how to "Make America Great Again," via a coordinated revamp of the current tax structure and encouraging private charities.
  • The design set forth by the original Scottish Church charities for widows / orphans over 250 years ago, remains a most productive charitable system.
  • Part II of the discussion involves an in-depth debate on the merits / challenges facing cryptocurrency market investors, slated for next week.
  • Our guest notes that gold reached a bear market nadir in 2015 and is building a base for a new bull run.
  • Conversely, the US equities market could be entering bear market territory.
  • Given that an economic downturn is overdue by several years, both the guest and host concur, 2019 will likely register two quarters of declining US GDP.
  • 2019 could register the first official recession in one decade.
  • The big wild card remains the upcoming G-20 showdown between the US POTUS and China’s Jinping.
  • The G-20 summit takes place in Argentina, where leaders will negotiate to resolve trade tensions.
  • The United States could tariffs on 25 percent on $200 billion of Chinese imports on Jan. 1 from 10 percent currently, unless U.S. concerns are resolved at the summit.
  • China, a large gold buyer, has suffered economically from tariffs, in particular industrial manufacturers and suppliers.
  • Whereas US pundits note that the balance of power in the trading arena has been so skewed against the US for so many decades that tariffs might be necessary.
  • Market watchers hope for improved relations between the two global economic superpowers, which would likely put a floor under equities.
  • Investors continue to pour funds into the The SPDR Gold ETF (GLD) as a hedge against what could be a new bear theme in US equities.
  • GLD has seen a surge in assets over the last month; the largest gold ETF received $600 million, a sizable one month increase. .
  • GLD ETF recorded big interest from investors in October due to rising market volatility, with $472.3 million in inflows for the calendar month.
  • The Fed is approaching the end of its rate tightening cycle, with the ECB announcing plans to begin quantitative tightening.
  • Many markets priced to near perfection for at least 12 months, against the backdrop of employment and inflation at multi-decade lows.
  • Today the Fed Chairman Powell gave a key speech on the latest FOMC meeting minutes.
  • Current FFF contracts at the CBOE indicate Fed policymakers will hike rates once more this year, next month and at least 3 three more hikes in 2019.
  • The PMs markets could receive trillions of dollar from pensions funds that have less than a fraction of one percent in the yellow metal
  • Nick Barisheff of Bullion Management Group is recovering from an illness; please forward get-well messages to Marty, M.Nicandro@bmg-group.com.

Peter Schiff, head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX) joins the show from his vacation office in tropical Crypto-Rico, where air conditioning service, not heating is the chief concern today. Part I. of the talk includes key topics: PMs, US Equities Bear Market, Crude Oil and general commentary on the US economy. The guest / host outline their thoughts on how to "Make America Great Again," via a coordinated revamp of the current tax structure and encouraging private charities over programs to revitalize the more efficient charity network. For instance,The design set forth by the original Scottish Church charities for widows / orphans over 250 years ago, remains a most productive charitable system. Part II of the discussion involves an in-depth debate on the merits / challenges facing cryptocurrency market investors, slated for next week Our guest notes that gold reached a bear market nadir in 2015 and is building a base for a new bull run. Conversely, the US equities market could be entering bear market territory. Given that an economic downturn is overdue by several years, both the guest and host concur, 2019 will likely register two quarters of declining US GDP, registering an official recession for the first time in one decade. The big wild card remains the upcoming G-20 showdown between the US POTUS and China’s Jinping. The G-20 summit takes place in Argentina, where leaders will negotiate to resolve trade tensions. The United States is currently on track to impose tariffs on 25 percent on $200 billion of Chinese imports on Jan. 1 from 10 percent currently, unless U.S. concerns are resolved at the summit. China, a large gold buyer, has suffered economically from tariffs, in particular industrial manufacturers and suppliers. Whereas US pundits note that the balance of power in the trading arena has been so skewed against the US for so many decades that tariffs might be necessary to bring key plays to the negotiations table. Market watchers hope for improved relations between the two global economic superpowers, which would likely put a floor under equities and soften investors resolve to procure risk-on assets. In related news, investors continue to pour funds into the The SPDR Gold ETF (GLD) as a hedge against what could be a new bear theme in US equities. GLD has seen a surge in assets over the last month; the largest gold ETF received $600 million, a sizable one month increase. The head of GLD, George Milling-Stanley, vice president and head of gold strategy at State Street Global Advisors noted the ETF recorded big interest from investors in October due to rising market volatility, with $472.3 million in inflows for the calendar month, according to one media outlet. Elsewhere, the Fed is approaching the end of its rate tightening cycle, with the ECB announcing plans to begin quantitative tightening that has not dampened investors’ appetite for US dollars, at least for the time being just as many markets priced to near perfection for at least 12 months, against the backdrop of employment and inflation at multi-decade lows. Today the Fed Chairman Powell gave a key speech on the latest FOMC meeting minutes. Current FFF contracts at the CBOE indicate Fed policymakers will hike rates once more this year, next month and at least 3 three more hikes in 2019. The discussion includes the potential for a future stampede into the PMs markets with trillions of dollars in pensions funds under represented and less than a fraction of one percent of funds directed to the yellow metal (First noted by friend of the show, Nick Barisheff of Bullion Management Group, who is recovering from an illness; please forward get-well messages to Marty, M.Nicandro@bmg-group.com). Key takeaway - the guest and host concur, gold is building a base that will likely culminate in new record prices, from $2,000 - $5,000 and under extreme runaway market conditions, $10,000+.

 

UPDATE (11/28.18) - Free Merk Financial Seminar - $10,050 of the 10,000 Charity Goal Raised (Special thanks to Goldseek.com Radio subscribers / listeners / readers who helped the Cancer Charity reach its goal)
Listeners are encouraged to attend his Cancer Charity Goal and Financial Seminar, free to the public in Chapel Hill NC, October 20-21! Several dozen have donated at merkinvestments.com/FightCancer - thank you!
An investment seminar in Chapel Hill, NC, on Saturday, October 20: merkinvestments.com/WalkTheTalk
A race! We are challenging others to join Sunday October 21: merkinvestments.com/race

 

Figure 1.1. Dr. William von Hippel & Joe Rogan - New Book "The Social Leap" Insightful Psychological / Anthropological / Behavioral Research. (Caveat: controversial and adult material, 21+ only; Adult Language; presented for intellectual / educational content).

Note. Video provided courtesy of Youtube.com.



   

2006-2019 radio.goldseek.com, Gold Seek LLC and Chris G. Waltzek