From
his Thailand office, Dr. Marc Faber, a globally
renowned economist and editor of the GloomBoomDoom
report, returns with his outlook.
According to Dr. Faber, the global economy is
on the cusp of a recession. Investors are advised
to batten down the hatches.
A global / domestic economic maelstrom of epic
proportions where paper assets denominated in
the reserve currency lose up to 80% is possible.
Few asset classes will endure the economic storm
ahead, however, safe havens include gold, silver,
PMs shares and cryptocurrencys.
Despite the remarkable increases in modern productivity
given quantum leaps in access to technology
and information, living standards are sagging.
Incomes
have not matched increases in the cost of living.
The
duo concur that the erosion of the standard
of living is directly correlated to profligate
money expansion, which acts as a reverse "Invisible
Hand."
Both the guest/host advocate diversification
of asset classes, increasing the weighting of
safe haven, hard money assets in the coming
years to shield wealth from potential economic
volatility.
John
Scurci, founder ofCorona
Capital Management returns to the show with
key insights on the domestic and global economies.
Our
guest is rebuilding his home on the British
Isles in the Caribbean, following Hurricane
Irma, the strongest storm ever recorded.
Irma topped wind speeds of 220 mph; another
friend of the show, Harry S. Dent Jr. battled
the same storm from his Puerto Rico office.
The
integrity of the entire global financial system
is at risk, due to hundreds of trillions of
toxic debt on balance sheets.
By debasing the currency to deal with serious
financial challenges in 1971, the decision set
in motion a corrosive effect.
The
risk of negative real interest rates domestically
could be viewed as the endgame for the entire
system.
The
duo concur that the precious metals sector represent
the best panacea for financial sur-thrival in
an increasingly volatile financial arena.
Please
Listen Here
Dial-Up
Real Audio
MP3
FAST
Download
Highest
Quality Download
Right
click above & "Save Target As..." to download.
To learn more about software needed to play the
above formats, please
visit the FAQ.
Guest
Bios
John
Scurci
Corona
Capital Management
A
graduate of both Yale and the University of
Chicago, John worked for Morgan Stanley and
Lazard Freres in New York City before leaving
Wall Street to pursue Value Investing with his
own company. John is the co-founder of Corona
Capital hedge fund.
A
native of Toronto, Canada, John enjoys reading,
swimming, sailing, and traveling. He is happy
to be able to live in the Caribbean.
Dr Marc Faber was born in Zurich, Switzerland.
He went to school in Geneva and Zurich
and finished high school with the Matura.
He studied Economics at the University
of Zurich and, at the age of 24, obtained
a PhD in Economics magna cum laude.
Between
1970 and 1978, Dr Faber worked for White
Weld & Company Limited in New York,
Zurich and Hong Kong.
Since
1973, he has lived in Hong Kong. From
1978 to February 1990, he was the Managing
Director of Drexel Burnham Lambert (HK)
Ltd. In June 1990, he set up his own business,
MARC FABER LIMITED which acts as an investment
advisor and fund manager.
Dr
Faber publishes a widely read monthly
investment newsletter "The Gloom
Boom & Doom Report" report which
highlights unusual investment opportunities,
and is the author of several books including
“ TOMORROW'S GOLD – Asia's Age
of Discovery” which was first published
in 2002 and highlights future investment
opportunities around the world. “
TOMORROW'S GOLD ” was for several
weeks on Amazon's best seller list and
is being translated into Japanese, Chinese,
Korean, Thai and German. Dr. Faber is
also a regular contributor to several
leading financial publications around
the world.
A
book on Dr Faber, "RIDING THE MILLENNIAL
STORM", by Nury Vittachi, was published
in 1998. A regular speaker at various
investment seminars, Dr Faber is well
known for his "contrarian" investment
approach.
He
is also associated with a variety of
funds and is a member of the Board of
Directors of numerous companies.
Closer look
at CNN.com story on NASA /
JPL Mars photos...
No color was
added to this photo, only
usual processing applied.
Bitcoin SV embedded with unique
photo, a true one-of-a-kind,
enhanced beyond the video
below sent directly to
your wallet, that we setup
for you for the first 3 new
annual subscriber / donations:
Safe
haven assets are the investment du jour amid record
financial volatility - Goldseek.com Radio presents its
new sponsor, Northern
Vertex Mining Corp. America’s newest gold producer
is focused on low cost gold and silver production and
exploration in the USA, at its 100% owned Moss Mine
located in NW Arizona:
The
Northern Vertex Mining Corp.
(NVM) team has solid experience
in every area of operations,
mine development, exploration,
acquisitions and financing of
mining projects.
The
NVM flagship Moss Mine is expected
to consolidate additional producing
or near-term production gold
assets within the Western US.
Through
mergers and acquisitions the
NVM mission includes reaching
mid-tier gold producer status
at a rate of over 200,000 ounces
of
gold production annually.
To
find out more about Northern Vertex Mining Corporation,
listeners are encouraged to direct their web browsers
to www.nothernvertex.com.
The
ticker symbol is NEE.v
and on the International Nasdaq
OTC: NHVCF.
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.
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.
Blockchain
Conservation Imitative - Proof of
Safe Tusk (PoST)
The
host proposes a blockchain based,
conservation effort (PDF
Paper) to bring a stop to the
cruel and unnecessary ivory trade
- if you know someone who would
like to get involved and or support
the effort, contact Chris at gsr@hughes.net.
Dr Marc Faber was born in Zurich, Switzerland.
He went to school in Geneva and Zurich
and finished high school with the Matura.
He studied Economics at the University
of Zurich and, at the age of 24, obtained
a PhD in Economics magna cum laude. 
Arch Crawford & Chris Waltzek Ph.D. - July
3rd, 2019. 
Bill
Murphy & Chris Waltzek Ph.D. - June 25th,
2019.
Dr. Chris Martenson PhD &
Chris Waltzek PhD - June 18th, 2018.
Bob
Hoye & Chris Waltzek Ph.D. - June 17th,
2019. * 
David Morgan & Chris Waltzek Ph.D. - February
8th, 2019.
Dr.
Douglas Vogt Part II & Chris Waltzek Ph.D.
- April 23rd, 2019. 
Professor
Burton Malkiel &
Chris Waltzek Ph.D. - February
27th, 2019.
