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.
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.
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Guest
Bios
Peter
Schiff
Schiff
Gold
Peter
Schiff President & Chief
Global Strategist
Peter is one of the few investment
advisors to have correctly
called the current bear market
before it began and to have
positioned his clients accordingly.
As a result of his accurate
forecasts of the mortgage
meltdown, credit crunch, and
decoupling of commodities,
precious metals, and foreign
markets from the U.S. Dollar,
he has become a sought-after
economic commentator on a
range of investment topics.
Peter delivers lectures at
major economic and investment
conferences, and is quoted
often in the print media,
including the Wall Street
Journal, New York Times, L.A.
Times, Barron’s, BusinessWeek,
Time and Fortune. His broadcast
credits include regular guest
appearances on CNBC, Fox Business,
CNN, MSNBC, and Fox News Channel,
as well as hosting a weekly
radio show. As an author,
he has written four best-selling
books, including his latest:
" Crash Proof 2.0: How
to Profit from the Economic
Collapse" and "How
an Economy Grows and Why It
Crashes."
With
a degree in geophysics and a number
of fascinating summers in mining
exploration, one winter in "the
bush" quickly led Bob into
the financial markets. This included
experience on the trading desk and
in the research department of a
large investment dealer, which led
to institutional stock and bond
sales.
Bob's
review of financial history provided
the forecasting models designed
to anticipate significant trend
reversals in the sometimes alarming
volatility typical of the transition
from rampant speculation in tangible
assets to fabulous speculation in
financial assets.
In
anticipation of the latter opportunity,
a monthly publication for financial
institutions was started in January
1982.
This
competently covered the stock market,
the yield curve, credit spreads
as well as metal and energy prices.
In
1998 the Institutional Advisors
website was started as a forum for
unique and reliable financial research.
Head
of The
Morgan Report, David Morgan rejoins
the show with comments on the PMs sector
noting that gold remains a "free
lunch" diversification asset.
Part
II. with Bix Weir of RoadtoRoot-A
continues the review of the ever evolving
crypto-revolution, including the ascent
of Ethereum and its key competitors.
Lynette Zang & Chris
Waltzek Ph.D. - May 10th, 2018.
Peter
Kendall, coeditor of The
Elliott Wave Financial Forecast makes
his show debut. Current Elliott Wave analysis
suggests that the US shares indexes are
registering ominous signals.
John
Williams of Shadowstats.com,
a leading online alternative economic-resource
sees the potential for an explosive move
in the PMs sector / commodities.
CEO
Erik Voorhees, Shapshift.io & Chris
Waltzek Ph.D. - April 19th, 2018.
Erik
is CEO of the instant Bitcoin
and altcoin exchange, ShapeShift.io,
a groundbreaking coin / token service
that facilitates quick and virtually free
exchange of nearly any cryptocurrency.
Listeners' Q&A - Chris Waltzek Ph.D.
- April 12th, 2018.
The
latest Listener's Q&A segment includes
phone calls on the increasingly popular
topics of silver and Bitcoin from Tom
in Arizona, John in Sunny San Diego and
an anonymous caller.
Bill
Murphy & Chris Waltzek Ph.D. - April
11th, 2018.
Ralph Acampora & 
Bill
Murphy & Chris Waltzek Ph.D. - June
13th, 2018.
Chris Martenson Ph.D. & Chris Waltzek
Ph.D. - June 7th, 2018.
Raghee
Horner & Chris
Waltzek Ph.D. - May
17th, 2018.
Eagle
Plains Resources Ltd. CEO, Tim J. Termuende
& Chris Waltzek
Ph.D. - April 4th, 2018 