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.
In
only 5 years, Draper University is already setting
the standard in education, with several success
stories including a billion dollar crypto-token
company.
In
2014, his forecast of $10,000 BTC by 2017 came
to pass ahed 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,
funnelling 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.
Louis
Navellier of Navellier
& Associates notes the
best corporate earnings in 6
years and tax cuts could spur
forward the already lofty US
equities markets in 2018.
Dividend
yielding stocks may be preferable in 2018,
but caution is advisable before chasing
yield too high, which only magnifies risk
/ volatility.
The
host / guest concur that NVIDIA (NVDA)
shares remain appealing, due in part to
record demand for their superior crypto-mining
GPUs, this is his top holding.
The
guest also holds UCTT,
Ultra Clean Holdings, and Chinese stocks
in anticipation of the Morgan Stanley plans
to add Chinese stocks to their indexes,
including WEBCO, ticker WB.
Another key holding, Align Technologies,
ALGN,
maker of the popular dental tool, Invisalign.
Outside
of the equities markets, our guest is also
adding copper and lithium related investments
amid the auto battery revolution, including
FMC corp and Sociedad Quimica Y Minera (SQM).
Globally renowned
economist and editor of the GloomBoomDoom
report, Dr. Marc Faber returns with
his outlook on the financial markets for
2018.
Due to excessive
expansion, of central bank balance sheets,
global equities prices may be overextended
as robust economic conditions are heavily
dependent on inflated asset prices.
Investors
will shy away from the bubble markets to
the precious metals, which will likely be
next to outperform competing asset classes.
Dr. Faber suggests that cryptos could continue
to gain popularity after the current correction
and increase another 20 fold to $10 trillion,
rivaling the $7 trillion gold market.
During the month long Bitcoin correction,
Ethereum, arguably the silver to Bitcoin's
gold, advanced over 100%, offsetting much
of the selling.
Sector
rotation is oftentimes viewed as a sign
of bull market indication.
The
guest / host concur, investment portfolio
diversification is key to navigating through
record market volatility and impending bubble
implosions.
Dr.
Faber finds cash the most neglected asset
class; holding currency could yield the
gun powder necessary to procure discounted
investment assets.
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Guest
Bios
Tim
Draper
Draper
University
Tim
Draper, legendary Silicon Valley venture
capitalist founded Draper University
in 2012 with a vision and belief that
in order to change the world we have
to change education. Draper University
aims to teach entrepreneurship globally
in an entirely new way. Through hands
on training, an innovative curriculum
and thought leadership Tim Draper brings
together young entrepreneurs, startup
founders, executives and investors all
under one roof. Tim Draper has deep
roots in entrepreneurship and venture
capital with a rich background that
started by founding Draper Associates
in 1985. Tim is thrilled to be leading
the charge to disrupt entrepreneurship
education and is excited to have Draper
University as the star of the show in
the new ABCFamily series StartupU.
In
1964, I began my studies on gold and collectibles
via my Uncle, who was a high-end antique
dealer in New York. My father was a real
estate developer in Kingston, New York.
With his contacts in local commercial banking,
I began my banking career at 15. I focused
my college education on business finance,
first at Fairleigh Dickenson University
in Teaneck, New Jersey. After a semester
in England at Wroxton College I transferred
to the University of Arizona in Tucson.
I remained in commercial banking until 1986
when I shifted to investment banking with
Larson Lehman/American Express and became
a stock broker. Initially I focused my attentions
on the government bond market, learning
the nuances of debt and interest rate moves
on bond maturities. In that capacity, I
stumbled across non-dollar denominated bonds
and added the currency dimension. This led
to the discovery of currency life cycle
patterns and a deep understanding of the
impact of those life cycles on all socioeconomic
levels and asset classes. My mission is
to translate financial noise into understandable
language and enable educated, independent
choices. All my work is fact and evidence
based and I share these tools openly. I
believe strongly that we need to be as independent
as possible and at the same time, we need
to come together in community to survive
and thrive through the hyperinflation I
see in the near future.
Chairman/CEO/CIO
Louis Navellier is Chairman
of the Board, Chief Executive
Officer, and Chief Investment
Officer of Navellier & Associates,
Inc., located in Reno, Nevada.
Mr. Navellier is also editor of
four leading stock advisory newsletters:
Emerging Growth, Quantum Growth,
Blue Chip Growth, and Global Growth.
A recognized expert in translating
what had been purely academic
techniques into real market applications,
he believes that disciplined,
quantitative analysis can select
stocks that will significantly
outperform the overall market.
Mr. Navellier employs a three-step,
highly disciplined, bottom-up
stock selection process, focusing
on quantitative analysis, fundamental
analysis, and optimization of
the securities selected for the
portfolio. In 1980, Mr. Navellier
began publishing his research
in his stock advisory newsletter,
the MPT Review. Since 1987, he
has been active in the management
of individual portfolios, mutual
funds, and institutional portfolios.
A charismatic figure with a reputation
for solid leadership, Louis Navellier
has been covered by a wide range
of international media. In addition
to appearing on CNBC, Bloomberg,
The Nightly Business Report, and
Wall Street Week, he has been
featured in Barron's, Forbes,
Fortune, Investor's Business Daily,
Money, Smart Money, and The Wall
Street Journal. Most recently
he was profiled in Kenneth A.
Stern's book Secrets of the Investment
All-Stars in the interview "Louis
Navellier, A Man Who Has Beat
Them All." He is also featured
in Alan R. Ackerman's Investing
Under Fire: Winner Strategies
from the Masters for Bulls, Bears,
and the Bewildered.
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.
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.
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.
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.
Professor Raymond Moody M.D. Ph.D. & Chris
Waltzek Ph.D. Part II- October 25th, 2018.
President
Niko Cacos, CEO, and Director of 
CEO
Joseph Grosso & VP Brian McEwen, & Chris
Waltzek Ph.D. - October 11, 2018.
Bill
Murphy & Chris Waltzek Ph.D. - October 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.