Our
guest notes that gold reached
a bear market nadir in 2015
and is building a base for
a new bull run.
Once
the move begins in earnest,
the gold / silver ratio will
collapse as silver outperforms
gold during much of the advance.
Washington
expressed disappointment with
the decision of Fed Chair
Jerome Powell to continue
with the national rate-hike
policy into 2019.
Although
Powell has publicity noted
the Fed would "Do whatever
it takes to tame inflation"
Peter Schiff and the host
doubt containment plans will
work.
Policymakers
may be taking their cues from
misleading economic models.
Curtailing
inflation could prove more
challenging than during the
last severe deflationary crisis
in the early 1980's when the
US was a global powerhouse.
In
2019, investment flows could
favor gold as rate hike expectations
diminish and the Greenback
flounders relative to competing
currencies.
The
flattening yield curve suggests
rates could invert next year
implying a recessionary environment,
lowering demand for US equities
in favor of the PMs.
Arch
Crawford, head of Crawford
Perspectives
for 41 consecutive years,
rejoins the show, commenting
on gold, financial markets
and Hurricane Florence.
Florence
is a category 4 storm
headed directly for
the Tar Heel State.
Gold
remains the de facto
dollar alternative given
that over 96% of the
Greenback's value has
eroded since 1913.
Arch
Crawford cautions US
equities investors that
Sept. / Oct. are typically
very challenging months
for the shares indexes.
The
discussion shifts over
to the cryptos, where
Ethereum broke below
$200, touching $170.
Although
our guest notes positive
price behavior, if the
panic spreads to Bitcoin
it could lead to a retest
of $5700.
The
southeast is bracing
for winds of up to 130
mph and strong tidal
surges by Thursday evening.
Similar
to last year's Hurricane
Harvey that decimated
Puerto Rico and surrounding
islands all the way
up to NC.
Officials
have already declared
a state of emergency
and evacuations are
underway.
The
current inland trajectory
reveal high odds that
the storm will pass
due north of Atlanta,
covering upper South
Carolina.
The
range includes the Greater
Greenville region, north
to Asheville and Charlotte.
Western
North Carolina will
be impacted, such as
Cashiers, Glenville,
Cullowhee, Sapphire,
Sylva, Hayesville, etc.
It
is advisable to check
the current storm trajectory
daily / hourly as weather
patterns are as unpredictable
- reliability of forecasts
diminish over time.
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click above & "Save Target
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visit the FAQ.
Guest
Bios
Arch
Crawford
Stockmarket
Cycles
Arch
Crawford cut his technical
analysis teeth as first assistant
to top Wall Street technician
Robert Farrell at Merrill
Lynch in the early 1960s.
In 1977, following Arch’s
extensive research into astrophysical
phenomenon, astrology and
its correlation to market
performance, he edited and
published the premiere issue
of Crawford Perspectives market
timing newsletter.
Today,
nearly 40 years later, Crawford
Perspectives continues to
bring readers one of the
most highly regarded and
consistently accurate market
timing newsletters available.
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."
Chris
Blasi, President of Neptune
Global LLC outlines his
gold and Bitcoin market outlook
for 2018. Precious metals investors
could be rewarded this Autumn.
Peter
Hug, Director of the Kitco Precious
Metals Division, makes his
show debut. Negativity in the
retail market for gold / silver
has reached such epic levels that
from a contrarian vantage point,
a price floor could soon materialize.
Bill
Murphy & Chris Waltzek
Ph.D. - August 10th, 2018.
Wolf
Richter, founder of WolfStreet.com
holds silver in his investment
portfolio and advises investors
to buy and hold PMs in anticipation
of the next uptrend.
Bill
Murphy &
Chris Waltzek Ph.D. - August
10th, 2018.
Head
of The
Morgan Report, David Morgan
rejoins the show with comments
on the PMs sector noting that
gold remains a "free lunch"
diversification asset.
Professor
Laurence Kotlikoff &
Chris Waltzek PhD - August 6th,
2018.
Bill
Murphy & Chris Waltzek
PhD - September 4th, 2018.
Peter
Hug & Chris Waltzek Ph.D.
- August 18th, 2018.
Peter
Eliades & Chris Waltzek
Ph.D. - August 1st, 2017.
Raghee
Horner &
Chris Waltzek Ph.D. - May
17th, 2018.
