Arguably
the
most
accurate
financial
prognosticator
in
the
field,
Louis
Navellier
of
Navellier
&
Associates,
returns
with
bullish
comments
for
equities
investors.
The
US
stock
market
has
entered
"Meltup"
mode,
which
echoes
the
sentiments
of
recent
guest
and
fellow
market
expert,
Ralph
Acampora.
Due
to
record
corporate
bond
issuance,
companies
are
buying
back
their
shares
at
a
record
clip,
reducing
supply
/
increasing
demand
sending
prices
soaring.
The
Presidential
election
cycle
could
improve
the
outlook
for
US
equities.
Our
guest
advocates
a
solid
gold
component
in
every
portfolio,
to
maximize
the
the
diversification
'free
lunch,"
benefits
via
improved
expected
return.
The
discussion
includes
a
favorite
gold
stock,
Harmony
Gold
(HMY),
an
ideal
candidate
after
the
current
correction
passes,
in
coming
weeks
/
months.
Arguably
the
most
accurate
financial
prognosticator
in
the
field,
Louis
Navellier
of
Navellier
&
Associates,
returns
with
bullish
comments
for
equities
investors.
The
US
stock
market
has
entered
"Meltup"
mode,
which
echoes
the
sentiments
of
recent
guest
and
fellow
market
expert,
Ralph
Acampora.
Due
to
record
corporate
bond
issuance,
companies
are
buying
back
their
shares
at
a
record
clip,
reducing
supply
/
increasing
demand
sending
prices
soaring.
Plus,
the
Presidential
election
cycle
could
improve
the
outlook
for
US
equities.
Our
guest
advocates
a
solid
gold
component
in
every
portfolio,
to
maximize
the
the
diversification
'free
lunch,"
benefits
via
improved
expected
return
/
lowered
volatility.
Mr.
Navellier
promotes
his
favorite
gold
stock,
Harmony
Gold
(HMY),
as
an
ideal
candidate
after
the
current
short-term
correction
passes,
in
coming
weeks
/
months.
Professor
Laurence
Kotlikoff
&
Chris
Waltzek
-
August
22,
2016.
The
USA
is
"Flat
broke,"
which
is
why
central
bankers
are
printing
record
amounts
of
currency,
according
to
economist
Dr.
Laurence
Kotlikoff.
His
work
indicates
that
the
actual
national
debt
is
12
times
the
annual
GDP,
$199
trillion.
The
professor
likens
entitlement
programs
to
a
Ponzi
scheme
-
policymakers
are
taking
from
one
generation
and
sending
it
to
another.
He's
published
a
free
157
page
book,
available
online
that
outlines
how
the
national
economic
catastrophe
could
still
be
averted.
Dr.
Kotlikoff
outlines
creative
methods
to
overhaul
the
Social
Security
system
and
a
responsible
tax
system.
His
plan
includes
raising
the
Federal
Funds
benchmark
rates
to
improve
savings
for
retirees
and
curb
inflation.
During
a
similar
period,
gold
/
silver
soared
several
fold
in
price
from
1977-1980.
The
professor
worked
with
a
think-tank
in
tandem
with
Russia,
gaining
strategic
insights
into
one
of
the
top
military
powerhouses
and
a
BRICS
nation.
Disputes
between
the
US
and
China
regarding
inconsequential
islands
could
escalate
without
adequate
leadership.
The
USA
is
"Flat
broke,"
which
is
why
central
bankers
are
printing
record
amounts
of
currency,
according
to
economist
Dr.
Laurence
Kotlikoff,
author
of
the
Inform
Act
(please
click
to
sign,
supported
by
17
Nobel
Laureates).
His
work
indicates
that
the
actual
national
debt
is
12
times
the
annual
GDP,
$199
trillion.
The
professor
likens
entitlement
programs
to
a
Ponzi
scheme
-
policymakers
are
taking
from
one
generation
and
sending
it
to
another,
causing
severe
societal
distress.
He's
published
a
free
157
page
book,
available
online
that
outlines
how
the
national
economic
catastrophe
could
still
be
averted
(the
host
/
goldseek.com
are
politically
neutral).
Dr.
Kotlikoff
outlines
creative
methods
to
overhaul
the
Social
Security
system
and
a
responsible
tax
system,
to
make
the
US
the
most
tax
friendly
business
environment
in
the
world.
The
ambitious
goal
includes
attracting
global
funds,
pulling
the
USA
out
of
a
4
decade
financial
morass
and
restoring
domestic
economic
hegemony.
His
plan
includes
raising
the
Federal
Funds
benchmark
rates
to
improve
savings
for
retirees
and
curb
inflation.
During
a
similar
period,
gold
/
silver
soared
several
fold
in
price
from
1977-1980.
The
professor
worked
with
a
think-tank
in
tandem
with
Russia,
gaining
strategic
insights
into
one
of
the
top
military
powerhouses
and
a
BRICS
nation.
Disputes
between
the
US
and
China
regarding
inconsequential
islands
could
escalate
without
adequate
leadership.
Leading
Wall
Street
technician,
Ralph
Acampora
of
Altaira
Wealth
Managementreturns
with
his
technical
view
on
the
markets.
His
outlook
on
the
PMs
metals
is
positive;
gold
could
advance
above
$1,400
per
ounce.
Nearly
50
years
ago,
Stevenson
and
Bear
(1970)
outlined
an
alternative
to
the
EMH;
sometimes
display
years
of
long-memory
(trends).
Our
guest
highlights
the
importance
of
key
investing
factors:
price,
time
and
sentiment,
culminating
in
a
fusion
investing
approach.
Fusion
investing
involves
combining
economic
themes,
fundamentals
and
technical
analyses.
Reminiscent
of
the
chess
match
between
Russian
Grandmaster
Gary
Kasparov
vs.
Deep
Blue,
the
fusion
approach
yields
a
nearly
invincible
approach.
Ralph
Acampora
prefers
the
contrarian
perspective,
noting
he's
"very
excited,
because
no
one
else
is..."
He
cannot
recall
a
time
in
his
50
year
trading
tenure,
where
so
many
investors
were
weary
of
US
stocks.
Such
investor
nervousness
typically
coincides
with
favorable
markets.
The
shares
index
breadth
remains
highly
bullish,
suggesting
an
impending
"meltup."
Case
in
point,
the
price
rebound
following
the
infamous
Brexit
announcement
indicates
substantial
underlying
strength
/
accumulation.
The
financial
shares
continue
to
underperform,
presenting
an
enticing
valuation
opportunity.
Our
guest
leaves
the
listener's
with
sage
advice
on
US
equities,
"Stay
bullish."
Leading
Wall
Street
technician,
Ralph
Acampora
of
Altaira
Wealth
Managementreturns
with
his
technical
view
on
the
markets.
Nearly
50
years
ago,
Stevenson
and
Bear
(1970)
outlined
an
alternative
to
the
EMH,
suggesting
that
markets
sometimes
display
years
of
long-memory
(trends),
which
can
yield
oversized
expected
returns
(Waltzek,
2016).
Our
guest
highlights
the
importance
of
key
investing
factors:
price,
time
and
sentiment,
culminating
in
a
fusion
investing
approach
at
the
core
of
the
Chartered
Market
Technicials
(CMT)
exam.
Fusion
investing
involves
combining
economic
themes,
fundamentals
and
technical
analyses.
Reminiscent
of
the
chess
match
between
Russian
Grandmaster
Gary
Kasparov
vs.
Deep
Blue,
IBM's
super-computer
where
human
programmers
and
computers
joined
forces
to
accomplish
the
unimaginable,
the
fusion
approach
yields
a
nearly
invincible
investment
approach.
Regarding
US
equities,
Ralph
Acampora
prefers
the
contrarian
perspective,
noting
he's
"very
excited,
because
no
one
else
is..."
He
cannot
recall
a
time
in
his
50
year
trading
tenure,
where
so
many
investors
were
weary
of
US
stocks.
Such
investor
nervousness
typically
coincides
with
favorable
markets.
The
shares
index
breadth
remains
highly
bullish,
suggesting
widespread
participation
across
the
indexes,
which
could
lead
to
a
stock
market
"meltup."
Case
in
point,
the
price
rebound
following
the
infamous
Brexit
announcement
indicates
substantial
underlying
strength
/
accumulation.
Meanwhile,
his
outlook
for
the
PMs
metals
is
positive;
gold
could
advance
above
$1,400
per
ounce.
Although
Mr.
Acampora
expresses
bullish
sentiments
on
many
sectors
in
the
US
market,
such
as
technology,
the
financial
shares
have
underperformed,
presenting
a
relatively
enticing
valuation
opportunity,
due
to
artificially
subdued
interest
rates
as
the
sector
tends
to
profit
from
loan
/
interest
rate
differentials.
Our
guest
leaves
the
listener's
with
sage
advice
on
US
equities,
"Stay
bullish."
Harry
S.
Dent
Jr.
&
Chris
Waltzek
-
Aug.
15,
2016.
The
gold
market
follows
the
commodities
cycle
,
which
continues
to
advance.
Every
investor
should
allocate
5-10%
gold
/
silver
to
to
their
portfolio
to
improve
investment
diversification.
Investor's
appetite
for
the
PMs
continues
to
improve,
in
the
wake
of
news
of
huge
losses
related
to
security
issues
in
the
Bitcoin
encryption
methodology.
The
positive
trend
in
US
equities
is
directly
correlated
to
negative
rates
-
investors
have
few
options
other
than
chasing
risk
to
boost
expected
returns.
Weakening
economic
conditions
will
persist,
which
could
lead
to
a
new
round
of
QE4
and
subsequent
inflation.
Given
the
startlingly
muted
economic
fallout
in
the
UK
following
the
Brexit,
Spain,
Portugal
and
Italy
may
exit
the
EU,
improving
the
prospects
for
PMs.
Economist
and
best-selling
author
Harry
S.
Dent
Jr.,
Returns
with
positive
comments
on
the
PMs
sector;
the
gold
market
follows
the
commodities
cycle,
which
continues
to
advance.
Every
investor
should
allocate
5-10%
gold
/
silver
to
to
their
portfolio
to
improve
investment
diversification.
In
addition,
PMs
bargain
hunting
is
in
vogue,
amid
news
of
huge
losses
related
to
security
issues
in
the
Bitcoin
encryption
methodology.
The
positive
trend
in
US
equities
is
directly
correlated
to
negative
rates
-
investors
have
few
options
other
than
chasing
risk
to
boost
expected
returns.
Nevertheless,
our
guest
suggests
that
weakening
economic
conditions
will
persist,
which
could
lead
to
a
new
round
of
QE4
and
subsequent
inflation.
Given
the
startlingly
muted
economic
fallout
in
the
UK
following
the
Brexit
and
subsequent
stock
market
advance
to
new
record
levels,
Spain,
Portugal
and
Italy
may
exit
the
EU,
further
eroding
the
soundness
of
regional
economic
hegemony
and
the
euro
currency,
sending
billions
in
money
flows
into
the
PMs.
Jim
Rogers
&
Chris
Waltzek
-
Aug.
5,
2016.
*
To
download
this
show
in
Mp3
format,
please
click
here.
Highlights
Jim
Rogers
rejoins
the
show
from
his
Singapore
office
-
he's
waiting
patiently
for
discount
opportunities
in
the
precious
metals
sector.
While
the
top
US
shares
continue
to
tread
water,
twice
as
many
lesser
known
stocks
have
declined
over
the
same
period.
The
recent
Brexit
may
have
signaled
an
end
to
the
hegemony
of
the
EU;
Italy,
Spain
and
Portugal
could
be
the
next
to
leave
the
confederacy.
Jim
Rogers
advocates
adding
agriculture
based
investments
to
every
portfolio,
underscoring
the
importance
of
listening
to
alternative
talk
shows.
Jim
Rogers
rejoins
the
show
from
his
Singapore
office
-
he's
waiting
patiently
for
discount
opportunities
in
the
precious
metals
sector
to
boost
his
personal
stockpile.
While
the
top
US
shares
continue
to
tread
water,
twice
as
many
lesser
known
stocks
have
declined
over
the
same
period.
The
recent
Brexit
may
have
signaled
an
end
to
the
hegemony
of
the
EU;
Italy,
Spain
and
Portugal
could
be
the
next
to
leave
the
confederacy.
Jim
Rogers
advocates
adding
agriculture
based
investments
to
every
portfolio,
underscoring
the
importance
of
listening
to
alternative
talk
shows,
such
as
Goldseek.com
Radio.
Peter
Eliades
agrees
with
the
host;
gold
represents
real
wealth,
"An
ounce
of
gold
historically
always
purchases
a
first
rate
business
suit."
Peter
Eliades
of
Stockmarket
Cycles,
returns
to
the
show
with
insights
for
every
investor
-
it
may
be
time
to
reevaluate
portfolio
weighting.
From
a
technical
/
cyclical
vantage
point,
a
key
zenith
appears
to
be
nearing
for
US
shares.
Amid
the
backdrop
of
the
negative
interest
rate
environment
with
over
$13
in
negative
yielding
sovereign
debt
worldwide
for
the
first
time
in
economic
history.
Investors
/
institutions
are
making
risky
bets,
choosing
unparalleled
risk,
chasing
elusive
retirement
income
amid
increased
overall
systematic
exposure.
Rates
will
eventually
inch
higher
resulting
in
potentially
cataclysmic
outcomes
for
the
global
economy.
Peter
Eliades
agrees
with
the
host;
gold
represents
real
wealth,
"An
ounce
of
gold
historically
always
purchases
a
first
rate
business
suit."
Peter
Eliades
of
Stockmarket
Cycles,
returns
to
the
show
with
insights
for
every
investor
-
it
may
be
time
to
reevaluate
portfolio
weighting,
with
an
emphasis
on
a
more
conservative
US
equities
component.
From
a
technical
/
cyclical
vantage
point,
a
key
zenith
appears
to
be
nearing
for
US
shares.
Amid
the
backdrop
of
the
negative
interest
rate
environment
with
over
$13
in
negative
yielding
sovereign
debt
worldwide
for
the
first
time
in
economic
history;
investors
/
institutions
are
making
risky
bets,
choosing
unparalleled
risk,
chasing
elusive
retirement
income
amid
increased
overall
systematic
exposure.
Nevertheless,
rates
will
eventually
inch
higher
resulting
in
potentially
cataclysmic
outcomes
for
the
global
economy,
as
individuals
and
governments
alike
are
forced
to
service
impossibly
encumbering
debt
levels.
Peter
Eliades
agrees
with
the
host;
gold
represents
real
wealth,
"An
ounce
of
gold
historically
always
purchases
a
first
rate
business
suit,
as
it
still
does
today."
Our
guest
suggests
listeners
bookmark
a
free
weekly
commentary
at
Hussman
Econometrics;
an
economic
newsletter
with
a
remarkable
track
record.
Bob
Hoye,
senior
investment
strategist
at
Institutional
Advisors
returns
with
comments
on
global
equities
indexes.
Policymakers
are
purportedly
moving
heaven
and
earth
to
prop
up
shares.
Case
in
point.
Economic
Emperor,
Shinzo
Abe's
regime
is
holding
rates
in
negative
territory,
adding
to
the
$13
trillions
in
total
negative
debt,
worldwide.
Consequently,
negative
rates
is
financial
plutonium
to
the
precious
metals
sector,
as
supported
by
Barsky
and
Summers
(1988),
via
Gibson's
Paradox.
The
S&P
valuation
is
overextended
with
a
price
to
earnings
ratio
(PE)
near
25,
much
higher
than
the
typical
PE
of
10-15
level.
The
7
index
sentiment
index,
which
includes
the
put
/
call
ratio
among
other
metrics
is
the
most
elevated
in
years,
another
indication
of
frothiness.
A
recent
study
identified
a
direct
link
between
the
economic
depression
in
Greece
and
sovereign
debt.
One
of
the
world's
leading
banks,
Deutsche
Bank,
shares
continue
to
collapse
due
to
reckless
debt.
The
top
6
US
money
center
banks
hold
an
estimated
300
trillion
dollars
of
interest
rate
sensitive,
notional
derivatives
debt
on
their
books.
Bob
Hoye,
senior
investment
strategist
at
Institutional
Advisors
returns
with
comments
on
global
equities
indexes
-
policymakers
are
purportedly
moving
heaven
and
earth
to
prop
up
shares.
Case
in
point,
economic
Emperor,
Shinzo
Abe's
regime
is
holding
rates
in
negative
territory,
adding
to
the
$13
trillions
in
total
negative
debt,
worldwide,
to
the
benefit
of
Nikkei
shareholders.
While
most
investors
are
familiar
with
the
phrase,
errare
humanum
est,
to
err
/
make
mistakes
is
only
human,
the
full
phrase,
errare
humanum
est,
preserverare
diabolicum,
applies
to
CB
policymakers,
to
err
is
human,
but
to
persist
in
error,
is
diabolical.
Consequently,
negative
rates
is
financial
plutonium
to
the
precious
metals
sector,
as
supported
by
Barsky
and
Summers
(1988),
via
Gibson's
Paradox.
The
S&P
valuation
is
overextended
with
a
price
to
earnings
ratio
(PE)
near
25,
much
higher
than
the
typical
PE
of
10-15
level,
suggesting
a
correction
could
be
imminent.
Furthermore,
the
7
index
sentiment
index,
which
includes
the
put
/
call
ratio
among
other
metrics
is
the
most
elevated
in
years,
another
indication
of
frothiness.
A
recent
study
identified
a
direct
link
between
the
economic
depression
in
Greece
and
sovereign
debt.
In
similar
manner,
one
of
the
world's
leading
banks,
Deutsche
Bank,
shares
continue
to
collapse
due
to
reckless
debt,
while
the
top
6
US
money
center
banks
hold
an
estimated
300
trillion
dollars
of
interest
rate
sensitive,
notional
derivatives
debt
on
their
books,
collectively
-
a
ticking
financial
time
bomb
/
thermonuclear
weapon
of
mass
destruction.
Bill
Murphy
from
GATA.org
returns
to
the
show
with
insights
on
the
PMs
sector.
He
notes
the
newly
bullish
character
of
gold
/
silver.
The
official
gold
rigging
or
"fix
/
pool"
continues
to
unravel,
representing
an
investment
opportunity.
Our
guest
examines
the
minutiae
of
the
silver
market,
including
unusual
pre/post
Fed
meeting
activity.
Open
interest
imbalances
could
catapult
the
price
first
to
$30,
followed
by
$50,
then
onwards
and
upwards
to
$100
an
ounce.
His
work
reveals
that
a
investment
bank
is
primarily
responsible
for
silver
price
suppression;
The
misguided
financial
institution
has
lost
the
reigns
of
the
silver
paper
market,
which
could
result
in
a
force
majeure
and
windfall
profits
for
silver
bulls.
Bill
Murphy
from
GATA.org
returns
to
the
show
with
insights
on
the
PMs
sector
-
with
nearly
20
years
PMs
sector
experience,
he
notes
the
newly
bullish
character
of
gold
/
silver.
The
official
gold
rigging
or
"fix
/
pool"
continues
to
unravel,
representing
an
unprecedentedly
positive
investment
opportunity.
Bill
Murphy
examines
the
minutiae
of
the
silver
market,
including
unusual
pre/post
Fed
meeting
activity,
citing
record
open
interest
imbalances
that
could
catapult
the
price
first
to
$30,
followed
by
$50,
then
onwards
and
upwards
to
$100
an
ounce.
Our
guest
reveals
that
a
investment
bank
is
primarily
responsible
for
silver
price
suppression;
nevertheless,
the
misguided
financial
institution
has
lost
the
reigns
of
the
silver
paper
market,
which
could
result
in
a
force
majeure
and
windfall
profits
for
silver
bulls.
Dr.
Stephen
Leeb,
best
selling
author
and
head
of
The
Complete
Investor
returns
to
the
show.
He
outlines
his
soon
to
be
released
gold
magnum
opus,
destined
to
be
his
8th
bestseller.
According
to
Dr.
Leeb,
gold
is
destined
to
regain
its
rightful
status
as
the
currency
backing
asset
of
choice,
even
the
US
dollar
will
embrace
gold.
While
various
US
gold
stockpiles,
such
as
Fort
Knox
may
or
may
not
contain
the
reported
8,000-10,000
tons
of
the
yellow
metal,
Dr.
Leeb
speculates
that
China
may
hold
up
to
10
times
the
reported
3,000-4,000
ton
total.
If
his
thesis
is
correct,
it
gives
the
nation
a
huge
strategic
advantage.
It's
not
too
late
for
US
officials
to
boost
gold
reserves
in
anticipation
of
negative
US
interest
rates.
The
discussion
includes
the
Metropolitan
Plan,
allegedly
fomented
by
the
elite
to
return
the
Dollar
to
a
gold
standard,
a
reverse-Jeckyl
Island
meeting.
The
US
must
embrace
pioneer-like
attributes,
the
hallmark
of
early
national
success,
through
investment
in
infrastructure,
hydroelectric
plants,
solar,
etc.
China
may
have
$9
trillion
in
unaccounted
reserves,
much
of
which
may
have
already
been
invested
in
gold
assets;
potentially
ranging
from
20,000
tons
to
much
as
the
global
excess
supply.
Dr.
Leeb
urges
US
authorities
to
invest
heavily
in
rare
earths
mining
/
production
to
secure
a
competitive
edge
and
create
entirely
new
industries
/
jobs.
Research
and
development
(R&D)
leads
to
decades
of
economic
growth
/
productivity,
new
industries
and
jobs.
Dr.
Stephen
Leeb,
best
selling
author
and
head
of
The
Complete
Investor
returns
to
the
show
with
comments
on
his
soon
to
be
released
gold
magnum
opus,
sure
to
be
his
8th
bestseller.
According
to
Dr.
Leeb,
gold
is
destined
to
return
as
the
currency
backing
asset
of
choice,
even
the
US
dollar
will
eventually
carry
gold
weighting.
While
various
US
gold
stockpiles,
such
as
Fort
Knox
may
or
may
not
contain
the
reported
8,000-10,000
tons
of
the
yellow
metal,
Dr.
Leeb
speculates
that
China
may
hold
up
to
10
times
the
reported
3,000-4,000
ton
total.
If
his
thesis
is
correct,
the
reserve
represents
a
strategic
advantage.
It's
not
too
late
for
US
officials
to
follow
their
lead,
by
adding
to
gold
reserves
in
anticipation
of
negative
US
interest
rates.
The
discussion
includes
the
Metropolitan
Plan,
purportedly
fomented
by
the
elite
to
return
the
Dollar
to
a
gold
standard,
resembling
a
reverse-Jeckyl
Island
meeting,
which
allegedly
lead
to
the
formation
of
the
Federal
Reserve.
The
US
is
encouraged
to
return
a
pioneer-like
lifestyle,
mirroring
the
early
national
success
story,
through
investing
in
infrastructure,
building
hydroelectric
plants,
initiating
CERN-like
projects,
etc.
While
the
US
is
arguably
the
home
of
the
super-computer,
recently,
China
has
overtaken
the
US
title,
which
facilitates
more
credit
card
transactions
than
Visa
/
Mastercard
combined,
a
trend
that
our
officials
are
advised
to
reverse,
to
maintain
a
strategic
military
/
industrial
/
economic
/
education
advantage.
If
his
analysis
is
correct,
China
may
have
$9
trillion
in
unaccounted
reserves,
much
of
which
may
be
invested
in
gold
assets;
potentially
ranging
from
20,000
tons
to
the
entire
global
excess
supply.
Dr.
Leeb
urges
US
authorities
to
invest
heavily
in
rare
earths
mining
/
production
to
secure
a
competitive
edge
and
create
entirely
new
industries
/
jobs.
Research
and
development
(R&D)
leads
to
decades
of
economic
growth
/
productivity,
new
industries
and
jobs.
Kevin
Kerr
of
Kerr
Trading
International
rejoins
the
show,
with
positive
comments
on
safe
haven
investments
amid
growing
economic
/
political
uncertainty.
The
upcoming
November
election
and
EU
instability
are
the
two
wild
cards
making
investors
/
institutions
nervous
enough
to
increase
portfolio
weighting
in
gold
and
silver
assets
/
shares.
Our
guest
outlines
why
all
the
stars
are
aligning
for
a
multi-year
gold
bull
market,
while
silver
may
even
outperform
the
bull's
expectations
on
the
next
leg
higher
in
2016.
Kevin
Kerr
advises
investors
to
follow
his
lead;
he
hold's
his
families
wealth
in
gold
/
silver
assets,
advocating
diversification
over
speculation.
Kevin
Kerr
of
Kerr
Trading
International
rejoins
the
show,
with
positive
comments
on
safe
haven
investments
amid
growing
economic
/
political
uncertainty.
The
upcoming
November
election
and
EU
instability
are
the
two
wild
cards
making
investors
/
institutions
nervous
enough
to
increase
portfolio
weighting
in
gold
and
silver
assets
/
shares.
Our
guest
outlines
why
all
the
stars
are
aligning
for
a
multi-year
gold
bull
market,
while
silver
may
even
outperform
the
bull's
expectations
on
the
next
leg
higher
in
2016.
Kevin
Kerr
advises
investors
to
follow
his
lead;
he
hold's
his
families
wealth
in
gold
/
silver
assets,
advocating
diversification
over
speculation.
A
key
component
stems
from
the
loss
of
500,000
solid
paying
manufacturing
jobs
per
year
for
over
a
decade,
more
than
half
a
million
careers
vanished.
Although
the
recent
Brexit
event
startled
the
global
markets,
leading
to
safe
haven
buying,
the
potential
for
Italy
to
exit
the
EU
might
overwhelm
the
markets.
The
biggest
risk
to
the
economic
revival
remains
the
threat
of
higher
rates
-
CBs
cannot
hold
back
the
inevitable
trend
of
higher
rates.
Head
of
the
Trends
Research
Institute,
Gerald
Celente
gives
central
bank
monetary
operations
a
new
moniker,
Ponzi-nomics.
Through
the
issuance
of
easy
credit,
low
interest
rate
bonds
encourage
corporate
share
buybacks,
a
major
underpinning
of
the
US
stock
market
advance.
The
process
is
essentially
a
shell
game,
where
the
dealer
wins
at
the
expense
of
investors.
1
in
5
American's
hold
less
than
$100
in
cash
savings;
1
in
3
American's
has
less
than
$500
in
savings
for
emergencies,
over
100
million
people
-
about
half
of
American's
have
less
than
$1,000
saved,
over
150
million.
A
key
component
stems
from
the
loss
of
500,000
solid
paying
manufacturing
jobs
per
year
for
over
a
decade,
more
than
half
a
million
careers
vanished,
moved
off
shore.
Although
the
recent
Brexit
event
startled
the
global
markets,
leading
to
safe
haven
buying,
the
potential
for
Italy
to
exit
the
EU
might
overwhelm
the
markets,
as
the
3rd
largest
economy
in
the
region
and
8th
worldwide
by
GDP.
The
biggest
risk
to
the
economic
revival
remains
the
threat
of
higher
rates
-
CBs
cannot
hold
back
the
inevitable
trend
of
higher
rates;
eventually
the
dam
will
break,
taking
down
the
global
economy.
The
physical
bullion
market
is
finally
overtaking
the
massive
paper
short
positions,
stymieing
manipulation
schemes.
Global
investors
are
cognizant
of
the
currency
wars
and
potential
for
EU
disintegration,
making
PMs
the
central
safe
haven
asset
class.
The
mainstream
press
continues
to
ignore
the
explosive
gold
/
silver
rally
story,
focussing
instead
on
a
meager
percentage
gain
gain
in
the
stock
indexes.
Peter
Grandich
and
the
host
view
this
as
a
positive
from
a
contrarian
perspective,
indicating
the
hoi
poli
have
not
yet
begun
to
accumulate
PMs.
Given
the
stygian
view
by
major
media
outlets
on
the
precious
metals,
they
remain
the
antithesis
of
paper
assets,
but
the
primary
focus
of
alternative
news
sources,
such
as
Marketwatch
and
Bloomberg.com.
The
PMs
are
expected
to
remain
in
a
bullish
trend
for
years
to
come.
Peter
Grandich
of
Peter
Grandich
and
Company
rejoins
the
show
with
positive
comments
on
the
PMs
-
the
physical
bullion
market
is
finally
overtaking
the
massive
paper
short
positions,
stymieing
manipulation
schemes.
Global
investors
are
cognizant
of
the
currency
wars
and
potential
for
EU
disintegration,
making
PMs
the
ideal
safe
haven
asset
class.
The
mainstream
press
continues
to
ignore
the
explosive
gold
/
silver
rally
story,
focussing
instead
on
a
meager
percentage
gain
gain
in
the
stock
indexes.
Peter
Grandich
and
the
host
view
this
as
a
positive
from
a
contrarian
perspective,
indicating
the
hoi
poli
have
not
yet
begun
to
accumulate
PMs.
Given
the
stygian
view
by
major
media
outlets
on
the
precious
metals,
the
sector
remains
the
antithesis
of
paper
assets.
While
gold
and
silver
assets
are
anathema
to
most
of
the
media
sources,
the
rebound
is
the
primary
focus
of
alternative
news
sources,
such
as
Marketwatch
and
Bloomberg.com.
The
PMs
are
expected
to
remain
in
a
bullish
trend
for
years
to
come.
Joseph
Grosso
of
Golden
Arrow,
Executive
Chairman,
CEO,
&
President
&
Chris
Waltzek
-
July
8,
2016.
In
similar
fashion
as
Marco
Polo,
Mr.
Grosso
started
from
humble
beginnings
in
his
country
of
origin,
Italy,
emigrated
across
the
globe
to
Canada
where
he
built
a
business
empire
through
trade
with
China
/
Korea.
Headquartered
in
Vancouver,
Canada,
Golden
Arrow
is
an
explorer
and
prospect
generator.
Golden
Arrow
is
a
member
of
the
Grosso
Group,
a
management
company
specialized
in
resource
exploration.
At
the
helm
of
the
Grosso
Group,
Joseph
Grosso
has
spearheaded
mineral
exploration
ventures
in
Argentina
for
over
twenty
years.
With
a
strong
record
of
mineral
discovery,
and
community
/
government
relations,
Golden
Arrow
is
poised
to
maintain
its
reputation
as
a
trusted
explorer
throughout
Argentina.
The
flagship
Chinchillas
project
is
100%
owned
with
100
million
ounces
of
silver
in
the
measured
&
indicated
categories.
Major
silver
producer
Silver
Standard
is
interested
in
a
project
with
Golden
Arrow.
The
mining-friendly
location
in
northwest
Argentina
that
supports
an
impressive
infrastructure,
including
access
to
highways,
and
ample
water
resources.
The
Don
Bosco
Copper-Gold
Project,
holds
exploration
licenses
encompassing
five
areas
in
Western
La
Rioja
Province,
Argentina.
The
project
is
feasible
year
round,
supported
by
a
paved
highway
that
facilitates
accessibility
(Golden
Arrow,
2016).
Golden
Arrow
has
additional
properties
of
interest
in
the
San
Juan
Province,
including
the
Mogote
Copper-Gold
Project,
the
Caballos
Copper-Gold
Project,
and
Potrerillos
Gold-Silver
Project
the
firm
owns
100%
of
all
three
properties.
Joseph
Grosso
-
Golden
Arrow,
Executive
Chairman,
CEO,
&
President,
of
Golden
Arrow
makes
his
show
debut
with
an
engaging
overview
of
his
firm
as
well
as
how
the
corporate
affiliation
with
Silver
Standard
creates
a
synergistic
opportunity
for
Golden
Arrow
shareholders.
In
similar
fashion
as
Marco
Polo,
Mr.
Grosso
started
from
humble
beginnings
in
his
country
of
origin,
Italy,
emigrated
across
the
globe
to
Canada
where
he
built
a
business
empire
through
trade
with
China
/
Korea.
Headquartered
in
Vancouver,
Canada,
Golden
Arrow
is
an
explorer
and
prospect
generator
focused
on
identifying,
acquiring,
and
advancing
precious
and
base
metal
discoveries
through
high
quality
deposits.
Golden
Arrow
is
a
member
of
the
Grosso
Group,
a
management
company
specialized
in
resource
exploration.
At
the
helm
of
the
Grosso
Group,
Joseph
Grosso
has
spearheaded
mineral
exploration
ventures
in
Argentina
for
over
twenty
years.
With
a
strong
record
of
mineral
discovery,
and
community
/
government
relations,
Golden
Arrow
is
poised
to
maintain
its
reputation
as
a
trusted
explorer
throughout
Argentina.
The
flagship
Chinchillas
project
is
100%
owned
with
100
million
ounces
of
silver
in
the
measured
&
indicated
categories
and
44
million
ounces
silver
in
the
inferred
category
(Golden
Arrow,
2016).
Major
silver
producer
Silver
Standard
is
interested
in
a
project
with
Golden
Arrow.
Another
compelling
aspect
is
the
mining-friendly
location
in
northwest
Argentina
that
supports
an
impressive
infrastructure,
including
access
to
highways,
electricity,
and
ample
water
resources.
The
Don
Bosco
Copper-Gold
Project,
holds
exploration
licenses
encompassing
five
areas
in
Western
La
Rioja
Province,
Argentina.
The
project
is
feasible
year
round,
supported
by
a
paved
highway
that
facilitates
accessibility
(Golden
Arrow,
2016).
Golden
Arrow
has
additional
properties
of
interest
in
the
San
Juan
Province,
including
the
Mogote
Copper-Gold
Project,
the
Caballos
Copper-Gold
Project,
and
Potrerillos
Gold-Silver
Project
the
firm
owns
100%
of
all
three
properties.
Bill
Murphy
from
GATA.org
returns
to
the
show
with
his
latest
insights
on
the
PMs
sector.
He
was
awoken
this
morning
by
the
sound
of
arms
fire
near
his
home
in
Dallas,
near
ground-zero
of
a
tragic
sniper
shooting.
Our
guest
notes
the
positive
reversal
in
the
price
action
of
the
gold
and
silver
market
-
strong
rebounds
are
a
hallmark
of
a
solid
bull
trend.
Even
bearish
news
on
Friday
morning
was
unable
to
dampen
the
bullish
sentiment
in
the
PMs
community.
If
silver
can
hold
support
above
$20
on
the
weekly
chart,
the
next
advance
could
culminate
in
a
test
of
$25-$26.
A
highly
successful
hedge
fund
manager,
a
regular
on
Bloomberg
TV
/
CNBC,
and
friend
of
the
show
told
the
host
in
confidence
the
PMs
bull
is
confirmed.
The
duo
speculate
that
a
silver
squeeze
could
erupt
at
any
moment
if
a
Russian
oil
magnate
or
Middle
Eastern
oil
family
followed
Warren
Buffet's
silver
market
operations,
sending
the
metal
into
the
ionosphere.
Bill
Murphy's
silver
forecast
is
$50,
followed
by
$100+.
The
two
attempts
to
eclipse
$50
silver,
first
in
1980
and
again
in
2011,
could
represent
the
neckline
of
a
bullish
inverted
head
and
shoulder's
pattern.
Bill
Murphy
from
GATA.org
returns
to
the
show
with
his
latest
insights
on
the
PMs
sector.
He
was
awoken
this
morning
by
the
sound
of
arms
fire
near
his
home
in
Dallas,
near
ground-zero
of
a
tragic
sniper
shooting,
that
fell
11
valiant
police
officers,
critically
wounding
at
least
5.
Our
guest
notes
the
positive
reversal
in
the
price
action
of
the
gold
and
silver
market
-
brief
selloffs
tend
to
reverse
sharply
on
the
upside,
a
hallmark
of
a
solid
bull
trend.
Even
bearish
news
on
Friday
morning
was
unable
to
dampen
the
bullish
sentiment
in
the
PMs
community.
If
silver
can
hold
support
above
$20
on
the
weekly
chart,
the
next
advance
could
culminate
in
$25-$26.
A
highly
successful
hedge
fund
manager,
a
regular
on
Bloomberg
TV
/
CNBC,
and
friend
of
the
show
who
correctly
predicted
the
gold
bull
market
of
2001-2011
and
the
top
in
2012
told
the
host
in
confidence
this
week
that
the
bull
market
in
PMs
is
confirmed.
Given
that
Warren
Buffet
arguably
cornered
the
silver
market
in
the
late
1990s
with
a
tiny
fraction
of
his
wealth,
the
duo
speculate
that
a
silver
squeeze
could
erupt
at
any
moment
if
a
Russian
oil
magnate
or
Middle
Eastern
oil
family
followed
his
successful
speculative
operations,
sending
the
metal
into
the
ionosphere.
Bill
Murphy's
silver
forecast
is
$50,
followed
by
$100+.
The
two
attempts
to
eclipse
$50
silver,
first
in
1980
and
again
in
2011,
could
represent
the
neckline
of
a
bullish
inverted
head
and
shoulder's
pattern,
suggesting
a
move
to
$100
is
imminent,
following
a
close
above
the
neckline.
Moreover,
from
the
inflation
adjusted
silver
record
price
peak
to
the
bear
market
low,
a
50%
Fibonacci
retracement
could
lead
AG
to
as
high
as
$400
per
ounce,
as
outlined
in
Wealth
Building
Strategies
(Waltzek,
2010).
Peter
Schiff,
Chairman
of
SchiffGold.com
and
the
host
discuss
the
current
silver
market
eruption,
as
predicted
two
weeks
earlier
on
the
show.
At
the
end
of
2015,
for
the
first
time
hedge
funds
were
net
short
the
silver
market,
setting
the
stage
for
the
perfect
price
squeeze.
Precious
metals
shares
are
only
beginning
what
could
be
a
remarkable
multi-year
advance,
as
investors
wake
up
to
the
opportunity;
shares
are
just
now
starting
to
reflect
their
intrinsic
value
and
as
the
underlying
PMs
bullion
prices
advance,
the
relative
affect
on
the
shares
could
prove
explosive.
Peter
Schiff
is
"pounding
the
table"
on
merits
of
silver.
His
forecast
includes
a
meteoric
climb
to
$50
silver,
where
investment
demand
/
tight
supply
conditions
force
the
market
to
eclipse
the
record
zenith
on
the
heels
of
peak-silver
(declining
mine
output),
as
well
as
rising
industrial
demand,
sending
AG
north
of
$100-$200+.
The
legendary
investor
suggests
that
investors
not
dwell
on
$20
silver,
but
instead
procure
the
metal
for
the
long-term.
Moreover,
the
startling
advance
in
gold
from
$1,000
-
$1,370
represents
merely
the
opening
salvo
-
the
next
incoming
munition
from
the
bull
drone
could
crush
sellers
with
a
single
strategic
strike.
Despite
what
may
seem
like
gold
crowd
hubris
/
rhetoric,
nothing
succeeds
like
success,
such
as
the
Schiff
gold
fund,
EuroPac
Gold
Fund;
A:
(EPGFX)
that
has
appreciated
125%
already
this
year.
Our
guest
agrees
that
PMs
are
underowned,
anticipating
another
50%-100%
advance
while
advocating
increased
portfolio
allocation.
Case
in
point,
simply
by
adding
a
modicum
of
PMs
shares
"The
best
speculative
opportunity
you
will
ever
see
is
in
the
mining
space,"
to
a
diversified
fund,
the
Schiff,
EuroPac
International
Value
A:
(EPIVX)
facilitated
its
rise
to
the
top
rank
in
its
category.
Merk
Investments
suggests
that
every
financial
portfolio
includes
gold
insurance,
amid
an
environment
of
global
currency
devaluation.
Due
in
part
to
the
growing
theme
of
negative
interest
rates,
the
medium
/
long-range
outlook
for
the
PMs
sector
continues
to
improve.
Our
guest
outlines
the
options
strategies
used
at
Merk
Investments,
to
divine
currency
volatility
and
impending
market
risk.
While
equities
/
bonds
appear
to
be
overvalued,
which
might
culminate
in
a
considerable
bear
market
correction,
the
precious
metals
are
more
fairly
valued.
Merk
Investments
research
indicates
that
the
optimal
investment
portfolio
melange
requires
a
20%
gold
investment.
Merk
Investments
offers
safer
alternatives
such
as
a
100%
gold
backed
ETF:
(OUNZ).
James
Machuga,
Senior
Vice
President
of
Merk
Investments
Advisor
Services,
makes
his
show
debut.
Merk
Investments
suggests
that
every
financial
portfolio
includes
gold
insurance,
amid
an
environment
of
global
currency
devaluation.
Due
in
part
to
the
growing
theme
of
negative
interest
rates,
the
medium
/
long-range
outlook
for
the
PMs
sector
continues
to
improve.
Our
guest
outlines
the
options
strategies
used
at
Merk,
to
divine
currency
volatility
and
impending
market
risk.
While
equities
/
bonds
appear
to
be
overvalued,
which
might
culminate
in
a
considerable
bear
market
correction,
the
precious
metals
are
more
fairly
valued,
representing
a
relative
opportunity.
Merk
Investments
research
indicates
that
the
typical
investment
portfolio
requires
more
than
twice
the
5-10%
gold
allocation
average
-
the
optimal
gold
percentage
approaches
20%.
Merk
Investments
notes
that
most
paper
gold
instruments
increase
investment
exposure
-
the
firm
offers
safer
alternatives
such
as
a
100%
gold
backed
ETF:
(OUNZ).
Bob
Hoye,
senior
investment
strategist
at
Institutional
Advisors
returns
with
comments
on
Dr.
Greenspan's
recent
call
for
a
"Gold
Standard."
Dr.
Greenspan
is
now
a
professed
"Gold
Bug,"
and
points
out
that
all
central
banks
keep
tons
of
the
"barbarous
relic"
in
their
stockpiles.
The
former
Fed
Chair
notes
that
under
the
former
gold
standard,
1870
to
1913,
represents
one
of
the
most
prosperous
periods
in
US
economic
history.
In
the
dialogue,
Dr.
Greenspan
placed
the
blame
for
the
economic
mess
on
Fiscal
decision-making,
accepting
no
responsibility
for
monetary
policy.
Our
guest
likens
the
Brexit
to
the
unshackling
of
modern
feudalism,
the
fall
of
London's
"Berlin
Wall"
may
represent
a
great
success
for
freedom.
Bob
Hoye
is
also
a
gold
bug
-
the
PMs
shares
continue
to
benefit
from
significantly
lower
petroleum
prices,
which
decreases
overall
expenses.
The
Brexit
gave
the
Fed
policymakers
a
perfect
excuse
to
halt
rate
hikes
and
even
cut
rates
if
needed
in
2017,
to
the
benefit
of
equities
/
PMs
investors.
Bob
Hoye,
senior
investment
strategist
at
Institutional
Advisors
returns
with
comments
on
former
Fed
Head,
Dr.
Greenspan's
recent
call
for
US
policymakers
to
return
the
monetary
system
to
a
"Gold
Standard."
Dr.
Greenspan
is
now
a
professed
"Gold
Bug,"
and
points
out
that
all
central
banks
keep
tons
of
the
"barbarous
relic"
in
their
stockpiles.
The
former
Fed
Chair
notes
that
under
the
former
gold
standard,
1870
to
1913,
represents
one
of
the
most
preposterous
periods
in
US
economic
history,
which
may
imply
a
call
for
a
new
monetary
system.
In
the
dialogue,
Dr.
Greenspan
placed
the
blame
for
the
economic
mess
on
Fiscal
decision
making,
accepting
no
responsibility
for
monetary
policy.
Our
guest
likens
the
Brexit
to
the
unshackling
of
modern
feudalism,
the
fall
of
London's
"Berlin
Wall"
may
represent
a
great
success
for
freedom
and
a
stumbling
block
to
the
globalist
agenda
of
total
control.
Bob
Hoye
is
also
a
gold
bug
-
the
PMs
shares
continue
to
benefit
from
significantly
lower
petroleum
prices,
which
decreases
overall
expenses,
while
improving
profitability.
The
Brexit
gave
the
Fed
policymakers
a
perfect
excuse
to
halt
rate
hikes
and
even
cut
rates
if
needed
in
2017,
to
the
benefit
of
equities
/
PMs
investors.
Jeffrey
Nichols
of
Rosland
Capital,
returns
to
the
show
with
his
latest
insights
on
the
precious
metals
sector
-
gold
could
top
$2,000
possibly
in
2016
or
2017.
Our
guest
notes
that
the
founders
of
this
nation:
Washington,
Franklin,
Madison
and
Jefferson
etc.,
were
"Gold
Bugs."
A
new
gold
bull
market
could
lift
silver
and
related
shares
to
record
levels.
As
the
smart
money
like
billionaires
Jim
Rogers
/
George
Soros
accumulate
gold,
tightening
supply,
demand
conditions
could
boost
the
prospects
of
silver.
The
world's
most
useful
metal
could
regain
the
more
traditional
gold
to
silver
ratio,
perhaps
returning
to
the
natural
mineral
ratio
of
10
:
1,
sending
the
silver
price
north
of
triple
digits.
Escalating
investment
demand
from
China
and
India
as
well
as
global
central
bank
purchases
remains
a
positive.
Their
tendency
to
hold
the
metals
intergenerationally,
suggests
supply
will
continue
to
dwindle,
amid
increasing
demand.
Gold
and
silver
offer
an
exceptional
and
free
insurance
policy,
without
monthly
premiums
or
an
expiration
date.
Jeffrey
Nichols
of
Rosland
Capital,
returns
to
the
show
with
his
latest
insights
on
the
precious
metals
sector
-
gold
could
top
$2,000
possibly
in
2016
or
early
next
year,
according
to
Rosland
Capital.
Our
guest
notes
that
the
founders
of
this
nation:
Washington,
Franklin,
Madison
and
Jefferson
etc..
Were"Gold
Bugs."
Moreover,
a
new
gold
bull
market
could
lift
silver
and
related
shares
to
record
levels.
As
the
smart
money
like
billionaires
Jim
Rogers
/
George
Soros
accumulate
gold,
tightening
supply,
demand
conditions
could
boost
the
prospects
of
silver.
The
world's
most
reflective
metal
could
regain
the
more
traditional
gold
to
silver
ratio,
perhaps
returning
to
the
natural
mineral
ratio
of
10
:
1,
sending
the
silver
price
north
of
triple
digits.
In
addition,
escalating
investment
demand
from
China
and
India
as
well
as
global
central
bank
purchases
remains
a
positive.
Their
tendency
to
hold
the
metals
intergenerationally,
suggests
supply
will
continue
to
dwindle,
amid
increasing
demand.
Of
central
importance
to
every
investor,
gold
and
silver
offer
an
exceptional
and
free
insurance
policy,
without
monthly
premiums
or
an
expiration
date.
Dr.
Chris
Martenson
&
Chris
Waltzek
-
June
20,
2016.
Dr.
Martenson
from
PeakProsperity.com
and
co-author
of
Prosper!
notes
that
the
entire
global
economy
could
be
facing
an
end
game
scenario.
Citizens
around
the
globe,
from
China
to
the
US
and
beyond
have
lost
faith
in
central
banking
as
evidenced
by
Brexit
/
Grexit
talks.
While
the
2016
crude
oil
market
rebound
from
sub-$30
to
$50
was
impressive,
Dr.
Martenson
expects
the
price
to
double
again
to
meet
global
demand.
Our
guest
finds
value
in
the
shares
as
using
careful
due
diligence.
The
Alpha
Stock
Newsletter's
top
gold
candidate
Richmont
Mines
(RIC)
has
advanced
by
300%
since
it
was
added
to
the
portfolio
candidate
list.
Dr.
Martenson
won't
part
with
a
single
ounce
of
his
gold
stockpile
until
the
true
purchasing
power
adjusts
to
reflect
reality,
at
much
higher
prices.
Dr.
Martenson
from
PeakProsperity.com
and
co-author
of
Prosper!
with
Adam
Tagert,
notes
that
the
entire
global
economy
could
be
facing
an
end
game
scenario,
as
the
"fiat-money
experiment,"
nears
a
day
of
reckoning.Citizens
around
the
globe,
from
China
to
the
US
and
beyond
have
lost
faith
in
central
banking
as
evidenced
by
the
Brexit
/
Grexit
situation.
While
the
2016
crude
oil
market
rebound
from
sub-$30
to
$50
was
impressive,
Dr.
Martenson
expects
the
price
to
double
again
to
meet
global
demand
-
with
one
proviso,
a
global
recession
could
temporarily
pause
the
advance.
With
the
PMs
performing
the
best
in
5
years,
out
guest
finds
value
in
the
shares
using
careful
due
diligence.
For
instance,
the
Alpha
Stock
Newsletter's
top
gold
candidate
Richmont
Mines
(RIC)
has
advanced
by
300%
since
it
was
added
to
the
portfolio
candidate
list.
Dr.
Martenson
won't
part
with
a
single
ounce
of
his
gold
stockpile
until
the
true
purchasing
power
adjusts
to
reflect
reality,
at
much
higher
prices.
Chris
welcomes
Dr.
Stephen
Leeb,
best
selling
author
and
head
of
The
Complete
Investor.
Ultimately,
gold
will
be
recognized
as
the
only
reliable
money,
which
is
why
every
investment
portfolio
must
include
the
yellow
metal
and
or
PMs
shares.
Gold
could
soar
more
than
8
fold
from
current
levels,
to
$5,000-$10,000+
per
ounce
amid
a
conflagration
of
global
economic
challenges.
Silver
could
outperform
gold,
climbing
well
into
the
triple
digits.
The
duo
agree
that
crude
oil
prices
likely
found
a
bottom
at
$28,
subsequently
doubled
and
"full
throttle
demand
by
oil
producers"
was
unable
to
cap
the
price.
The
recent
100%
advance
may
represent
just
the
beginning
in
a
multiyear
bull
market.
A
key
component
of
the
increasing
oil
demand
/
price,
stems
from
China,
which
is
opening
oil
exchanges
to
unify
control
of
the
Eastern
oil
supply.
With
global
demographic
trends
implying
a
several
fold
increase
in
the
population,
demand
for
crude
oil
will
explode.
The
price
implications
extend
to
silver,
amid
peak
production,
according
to
a
GFMS
report.
There
are
only
30
swimming
pools
worth
of
silver
in
the
entire
world.
China
has
hundreds
of
nuclear
reactors
planned
for
construction
-
the
demand
for
uranium
could
ignite
a
new
uranium
rush.
Chris
welcomes
back,
Dr.
Stephen
Leeb,
best
selling
author
and
head
of
The
Complete
Investor.
The
duo
agree
that
crude
oil
prices
likely
found
a
bottom
at
$28,
subsequently
doubled
and
"full
throttle
demand
by
oil
producers"
was
unable
to
cap
the
price.
Therefore,
the
recent
100%
advance
may
represent
just
the
beginning
in
a
multiyear
bull
market.
A
key
component
of
the
increasing
oil
demand
/
price,
stems
from
China,
which
is
opening
oil
exchanges
to
unify
control
of
the
Eastern
oil
supply.
With
global
demographic
trends
implying
a
several
fold
increase
in
the
population,
demand
for
crude
oil
will
explode.
The
price
implications
extend
to
silver,
amid
peak
production,
according
to
a
GFMS
report.
Due
in
large
part
to
exponential
growth
/
affordability
of
solar
panels,
which
require
up
to
one
ounce
of
the
precious
metal
per
panel,
silver
is
poised
for
a
supply
bottleneck
of
epic
proportions.
There
are
only
30
swimming
pools
worth
of
silver
in
the
entire
world.
China
has
hundreds
of
nuclear
reactors
planned
for
construction
-
the
demand
for
uranium
could
ignite
a
new
uranium
rush,
which
sent
the
metal
up
over
10
fold
in
the
last
decade.
Ultimately,
gold
will
return
as
the
only
reliable
money,
which
is
why
every
investment
portfolio
must
include
a
modicum
of
the
yellow
metal
and
or
PMs
shares.
According
to
Dr.
Leeb
gold
could
soar
more
than
8
fold
from
current
levels,
to
$5,000-$10,000+
per
ounce
amid
a
conflagration
of
global
economic
challenges.
Silver
could
outperform
gold,
climbing
well
into
the
triple
digits.
the
Rich
Dad
book
series
author
also
penned
two
books
with
Presidential
candidate,
Donald
Trump:,
Why
We
Want
You
to
Be
Rich
and
The
Midas
Touch
meant
to
guide
the
middle
and
working
classes
to
prosperity.
The
discussion
includes
comments
from
the
former
Fed
Chairman,
Alan
Greenspan,
who
noted
in
a
recent
TV
interview
that
the
US
could
face
martial
law,
in
similar
fashion
as
Venezuela,
formerly
the
economic
powerhouse
of
South
America.
The
$700
million
to
$3
trillion
spent
to
bailout
the
US
financial
system
in
2008-2009
Credit
Crisis
was
sufficient
to
payoff
the
mortgage
debt
of
the
10
million
US
foreclosures
with
money
left
over
-
instead
it
was
directed
to
the
financial
system,
primarily
to
the
benefit
of
shareholders
/
bondholders.
Our
guest
refers
to
the
system
as
a
kleptocracy,
which
takes
from
the
poor
and
gives
to
the
wealthy,
a
reverse
Robin
Hood
system.
Robert
Kiyosaki
underscores
how
the
"Magic
of
compound
interest,"
no
longer
works,
when
rates
are
near
or
below
zero.
David
Morgan
a.k.a.
"The
Silver
Investor"
from
the
Morgan
Reportgives
a
detailed
overview
of
current
silver
market
conditions.
Our
guest
adds
must
hear
information
to
the
Silver
Majestic
story,
where
the
CEO
was
contacted
by
a
large
electronics
manufacturer
seeking
silver
supply.
The
PMs
bottom
could
be
in
place,
due
in
part
to
a
slow
motion
global
economic
implosion.
The
silver
market
will
likely
build
up
momentum
through
higher
highs
and
higher
lows.
Silver
aficionados
will
delight
in
our
guest's
prediction
of
a
2011
style,
exponential
climb
in
silver
price,
culminating
with
much
higher
than
$50.
The
mining
shares
sharp
advance
is
de
facto
evidence
of
higher
bullion
prices
to
come.
David
Morgan
suggests
building
a
solid
bullion
position
in
a
diversified
The
tipping
point
will
likely
occur
once
investors
lose
confidence
in
the
global
reserve
currency,
which
will
direct
massive
inflows
from
all
currencies
worldwide.
Unlike
the
1980's
PMs
zenith,
inflation
and
rates
remain
at
record
low
levels,
suggesting
huge
upside
potential.
David
Morgan
a.k.a.
"The
Silver
Investor"
from
the
Morgan
Reportgives
a
detailed
overview
of
current
silver
market
conditions.Our
guest
adds
must
hear
information
to
the
Silver
Majestic
story,
where
the
CEO
was
contacted
by
a
large
electronics
manufacturer
seeking
silver
supply.
His
work
indicates
that
the
PMs
bottom
is
in
place,
due
in
part
to
a
slow
motion
global
economic
implosion.
The
silver
market
will
likely
build
up
momentum
through
higher
highs
and
higher
lows.
Silver
aficionados
will
delight
in
our
guest's
prediction
of
a
2011
style,
exponential
climb
in
silver
price,
culminating
with
much
higher
than
$50
per
ounce.
Case
in
point,
the
mining
shares
sharp
advance
is
de
facto
evidence
of
higher
bullion
prices
to
come.
David
Morgan
suggests
building
a
solid
bullion
position
in
a
diversified
investment
portfolio,
followed
by
the
addition
of
paper
PMs
assets
to
boost
overall
expected
returns.
The
tipping
point
will
likely
occur
once
investors
lose
confidence
in
the
global
reserve
currency,
which
will
direct
massive
inflows
from
all
currencies
worldwide
into
the
PMs
sector.
Unlike
the
1980's
PMs
zenith,
inflation
and
rates
remain
at
record
low
levels,
suggesting
huge
upside
potential.
Bill
Murphy
from
GATA.org
returns
to
the
show
with
his
latest
insights
on
the
PMs
sector.
Gold
is
off
to
the
best
start
in
a
decade,
while
more
than
10
major
mining
companies
have
doubled
in
value.
In
the
first
quarter,
about
1,100
fund
managers
including
billionaire
George
Soros
bought
more
than
78
million
shares
of
Barrick
Gold
Corp
(ABX).
Hedge
fund
legend,
Stanley
Druckenmiller
continues
to
add
gold
to
the
portfolio
following
record
QE
by
monetary
policymakers
in
Japan,
EU,
and
the
US.
Druckenmiller
bought
1.8
million
shares
in
Barrick
(ABX),
which
has
gained
over
100%
this
year.
Several
of
his
colleagues
concur,
noting
that
gold
does
not
carry
negative
interest
rates.
The
move
by
Soros
and
others
to
own
Barrick,
suggests
that
major
players
who
sold
at
the
top
are
finally
returning
to
the
market.
Since
the
big
players
cannot
purchase
smaller
companies
without
putting
the
price
up
on
themselves,
smaller
cap
miners
could
benefit
from
the
theme.
Bill
Murphy
notes
that
when
silver
closes
solidly
above
$18.50,
a
return
trip
to
$50
is
inevitable.
Bill
Murphy
from
GATA.org
returns
to
the
show
with
his
latest
insights
on
the
PMs
sector.
He
notes
that
market
dynamics
have
changed.
For
instance,
gold
prices
are
off
to
their
best
start
in
a
decade,
while
the
value
of
more
than
10
major
mining
companies
have
doubled.
In
the
first
quarter,
about
1,100
fund
managers
including
billionaire
George
Soros
bought
more
than
78
million
shares
of
Barrick
Gold
Corp.,
the
worlds
biggest
producer.
Hedge
fund
legend,
Stanley
Druckenmiller
continues
to
add
gold
to
the
portfolio
following
record
QE
by
monetary
policymakers
in
Japan,
EU,
and
the
US.
Druckenmiller
bought
1.8
million
shares
of
Barrick
(ABX),
up
over
100%
this
year.
Several
of
his
colleagues
concur
that
gold
does
not
carry
a
negative
interest
rate
such
as
negative
yielding
bonds
that
actually
punish
savers.
The
move
by
Soros
and
others
to
own
Barrick,
which
has
the
added
benefit
of
a
dividend,
suggests
that
major
players
who
sold
at
the
top
are
finally
returning
to
the
market.
Since
the
big
players
cannot
purchase
smaller
companies
without
putting
the
price
up
on
themselves,
smaller
cap
miners
could
benefit
from
the
positive
trend
as
the
retail
investor
segment
recognizes
the
new
theme.
For
the
first
time
in
years,
the
bulk
of
overall
money
flows
into
ETFs
is
concentrated
on
the
gold
sector,
through
the
bullion
backed
ETF
shares,
such
as
the
streetcars(GLD).
Bill
Murphy
notes
that
when
silver
closes
solidly
above
$18.50,
a
return
trip
to
$50
is
inevitable.
Listeners'
Q&A
(callers)
-
Chris
Waltzek
-
May
25,
2016.
To
download
this
show
in
Mp3
format,
please
click
here.
Highlights
The
latest
Listener's
Q&A
segment
includes
a
bevy
of
eclectic
individuals,
including,
Mark
from
northern
Idaho.
Mark
is
unnerved
by
his
tax
bill
to
Uncle
Sam
after
selling
stocks
and
is
curious
if
hell
face
similar
issues
with
his
gold
investments.
The
host
suggests
buying
and
holding
bullion
as
the
ideal
portfolio
anchor
to
secure
wealth
from
drifting
out
to
sea.
Tax
implications
on
PMs
insurance
are
minimal
when
compared
to
monthly
premiums
on
auto
or
home
insurance;
tax
issues
are
less
relevant.
A
very
enthusiastic
Goldseek
Radio
listener
applauds
the
show
for
having
the
guest,
The
Forecaster,
Martin
Armstrong
on
the
show.
Long
time
listener
and
regular
caller,
George
is
increasingly
concerned
by
Keynesian
and
Monetarist
policies.
The
host
finds
parallels
with
current
policymakers
and
the
myth
of
King
Canute,
who
was
purportedly
confounded
by
his
own
hubris.
Economic
policymakers
cannot
command
the
economic
tides
in
the
long-term,
contrarily
only
when
used
for
emergencies
as
first
proposed.
The
economic
emergency
unfolding
in
Venezuela
may
represent
an
ideal
petri
dish
for
the
US;
a
loaf
of
bread
is
nearly
10
times
higher
than
a
year
ago.
John
from
San
Diego
says
that
the
retirement
accounts
of
baby
boomers
were
crushed
twice
by
the
stock
bubbles
and
busts
of
2000
and
2008.
Baby
boomers
turned
to
the
relative
safety
of
the
bond
market,
another
bubble.
The
host
poses
the
rhetorical
question:
Where
will
the
bond
and
stock
bubble
funds
eventually
migrate?
Gold,
silver
and
PMs
shares.
Chris
opens
up
the
phone
lines
for
another
Listener's
Q&A
Segment.
Mark
from
northern
Idaho
paid
Uncle
Sam
some
big
fees
after
selling
his
stocks
and
is
curious
if
hell
face
the
same
issues
with
his
gold
investments.
Buying
and
holding
bullion
is
the
ideal
portfolio
anchor
to
keep
wealth
from
drifting
out
to
sea
-
the
tax
implications
are
minimal
when
compared
to
a
monthly
premium
on
auto
or
home
s
insurance.
Paying
a
mortgage
for
20
years
and
lapsing
on
the
home
insurance
could
wipe
away
the
equity.
Similarly,
the
precious
metals
represent
a
financial
insurance
policy,
maxing
tax
issues
less
relevant.
A
very
enthusiastic
Goldseek
Radio
listener
applauds
the
show
for
having
The
Forecaster,
Martin
Armstrong
as
a
guest.
Long
time
listener
and
regular
caller,
George
is
increasingly
concerned
by
Keynesian
and
Monetarist
policies.
The
host
agrees,
finding
parallels
with
current
policymakers
and
the
myth
of
King
Canute,
who
was
purportedly
confounded
by
his
own
hubris,
convinced
he
could
command
the
tides.
In
similar
fashion,
economic
policies
cannot
command
the
economic
waves.
In
principal
the
methods
are
useful
only
for
short-term,
emergencies
as
first
proposed.
The
US
could
face
a
similar
financial
crisis
as
Venezuela,
where
the
price
of
a
loaf
of
bread
is
nearly
10
times
higher
than
a
year
ago
-
stagflation
represents
a
worst
of
all
worlds
scenario.
John
from
San
Diego
says
that
the
retirement
accounts
of
baby
boomers
were
crushed
twice
by
the
stock
bubbles
and
busts
of
2000
and
2008,
which
turned
the
generation
to
the
relative
safety
of
the
bond
market,
culminating
in
another
bubble.
The
host
poses
the
rhetorical
question:
where
will
the
bond
and
stock
bubble
funds
eventually
migrate?
Gold,
silver
and
PMs
shares.
Head
of
the
Trends
Research
Institute,
Gerald
Celente
outlines
the
bullish
case
for
gold
-
the
yellow
metal
is
up
15%+
in
2016.
According
to
the
Trends
Research
Institute,
gold
is
destined
to
cross
$1,400
on
the
way
to
$2,000
an
ounce.
In
the
US,
crushing
debt
and
meager
annual
incomes
of
approximately
$30,000
make
buying
a
home
and
rearing
a
family
unaffordable
luxuries
for
the
masses.
Modern
financial
markets
are
plagued
by
numerous
unprecedented
economic
developments.
Never
in
American
history
have
families
faced
a
more
bleak
standard
of
living
than
prior
generations;
Negative
interest
rates
is
a
recent
contrivance;
Global
monetary
debasement
occurs
on
an
epic
scale;
Over
a
quadrillion
dollars
in
derivatives
exist,
worldwide;
Money
center
banks
hold
more
than
a
quarter
quadrillion
in
interest
rate
sensitive,
notional
derivatives
exposure.
Top
investors
such
as
Carl
Icahn
and
Duquesne
Capital's
hedge
fund
manager
extrordinaire,
Stanley
Druckenmiller
are
increasing
gold
/
silver
exposure.
The
US
housing
market
bubble
could
burst
in
even
more
spectacular
fashion
than
in
2007,
due
to
greater
government
intervention.
In
response,
policymakers
will
implement
simulative
monetary
policies,
which
will
accelerate
exponentially
from
QE3,
to
QE^2,
QE^3,
etc..
on
to
infinity.
Head
of
the
Trends
Research
Institute,
Gerald
Celente
outlines
the
bullish
case
for
gold
-
the
yellow
metal
is
up
15%+
in
2016,
which
may
represent
merely
the
opening
salvo.
According
to
the
Trends
Research
Institute,
gold
is
destined
to
cross
$1,400
on
the
way
to
$2,000
an
ounce,
as
Abenomics
sends
trillions
of
dollars
worth
of
Yen
into
the
global
monetary
system,
similar
to
the
EU.
Yet
even
negative
interest
rates
have
not
revived
the
third
largest
global
economy,
with
imports
down
20%,
reportedly.
In
the
US,
crushing
debt
and
meager
annual
incomes
of
approximately
$30,000
make
buying
a
home
and
rearing
a
family
unaffordable
luxuries
for
the
masses.
Top
investors
such
as
Carl
Icahn
and
Duquesne
Capital's
hedge
fund
manager
extrordinaire,
Stanley
Druckenmiller
are
warning
of
a
stock
market
swoon,
while
suggesting
investors
should
increase
gold
/
silver
exposure.
The
US
housing
market
bubble
could
burst
in
even
more
spectacular
fashion
than
in
2007,
due
to
greater
government
intervention.
In
response,
policymakers
will
implement
simulative
monetary
policies,
which
will
accelerate
exponentially
from
QE3,
to
QE^2,
QE^3,
etc..
to
infinity.
Modern
financial
markets
are
plagued
by
numerous
unprecedented
economic
developments
-
case
in
point:
Never
in
American
history
have
families
faced
a
more
bleak
standard
of
living
than
prior
generations;
Negative
interest
rates
is
a
recent
contrivance;
Global
monetary
debasement
occurs
on
an
epic
scale;
Over
a
quadrillion
dollars
in
derivatives
exist,
worldwide;
Money
center
banks
hold
more
than
a
quarter
quadrillion
in
interest
rate
sensitive,
notional
derivatives
exposure.
Chris
welcomes
Bob
Hoye,
senior
investment
strategist
at
Institutional
Advisors
who
makes
investing
entertaining.
His
research
indicates
the
100
year
fiat
monetary
experiment
has
failed,
which
could
culminate
in
an
epic
economic
earthquake
The
discussion
includes
a
compelling
forward
indicator
of
gold
price,
the
implied
volatility
(IV)
of
the
gold
etf
(GLD)
options.
When
the
out-of-the-money
IV
(blue
line)
is
higher
then
the,
in-the-money
IV
(white
line),
a
bull
markets
persists
(Figure
1.1.).
A
new
cyclical
bull
market
could
be
unfolding
in
the
precious
metals
sector.
Chris
welcomes
Bob
Hoye,
senior
investment
strategist
at
Institutional
Advisors
who
makes
investing
entertaining,
by
applying
decades
of
market
financial
/
economic
study
and
experience
to
the
discussion.
His
research
indicates
the
100
year
fiat
monetary
experiment
has
failed,
which
could
lead
to
an
epic
economic
earthquake,
sending
shockwaves
reverberating
worldwide.
The
discussion
includes
a
compelling
forward
indicator
of
gold
price,
the
implied
volatility
(IV)
of
the
gold
etf
(GLD)
options:
the
IV
of
the
strike
price
just
out
of
the
money
and
just
in
the
money.
When
the
out-of-the-money
IV
(blue
line)
is
higher
then
the,
in-the-money
IV
(white
line),
a
bull
markets
persists
(Figure
1.1.).
Bob
Hoye's
analysis
confirms
that
a
new
cyclical
bull
market
could
be
unfolding
in
the
precious
metals
sector.
Figure
1.1.
Gold
Market
Indicator
-
Implied
Volatility
on
Options
Peter
Grandich
of
Peter
Grandich
and
Company
rejoins
the
show
with
positive
comments
on
the
PMs
and
crude
oil,
markets.
Our
guest
expects
gold
to
reach
$1,400-$1,500
in
2016.
Contrarian
investors
may
continue
to
benefit
from
nearly
universal
bearishness
-
investors
are
gun-shy,
presenting
buying
opportunities.
Trouble
in
the
US
hedge
fund
industry
could
put
downward
pressure
on
the
stock
indexes.
The
remarkable
share
recovery
since
2009
is
a
direct
result
of
hedge
fund
related
buying
and
dovish
Fed
policies.
Officials
may
be
boxed
into
a
corner,
forced
to
implement
QE
4
or
an
alternative
machination
to
hold
together
the
shaky,
economic
house-of-cards.
Peter
Grandich
of
Peter
Grandich
and
Company
rejoins
the
show
with
positive
comments
on
the
PMs
and
crude
oil,
markets.
Contrarian
investors
may
continue
to
benefit
from
nearly
universal
bearishness
-
investors
are
gun-shy,
having
emptied
their
investment
portfolios,
presenting
buying
opportunities
in
the
discounted
PMs
/
oil
shares.
Our
guest
expects
gold
to
reach
$1,400-$1,500
in
2016.
In
addition,
trouble
in
the
US
hedge
fund
industry
could
put
downward
pressure
on
the
stock
indexes.
The
remarkable
share
recovery
since
2009
is
a
direct
result
of
hedge
fund
related
buying
and
dovish
Fed
policies.
However,
officials
may
be
boxed
into
a
corner,
forced
to
implement
QE
4
or
an
alternative
machination
to
hold
together
the
shaky,
economic
house-of-cards.
Leading
Wall
Street
technician,
Ralph
Acampora
of
Altaira
Wealth
Managementreturns
to
the
show
with
an
overview
of
key
support
levels
in
the
markets.
Ralph
Acampora
agrees
with
several
recent
guests
that
gold
and
silver
have
seen
their
lows
-
selloffs
present
buying
opportunities.
The
yearlong
trading
range
in
US
equities
includes
wide
swings
of
2,000
points
in
the
Dow
Jones
Industrials.
The
Eurozone
is
grappling
with
Grexit
issues,
which
is
stifling
economic
growth.
Our
guest
assures
listeners
that
both
domestic
and
EU
equities
markets
will
likely
rebound
from
current
levels.
US
stocks
could
reach
new
zeniths
this
year.
The
technical
position
of
crude
oil
continues
to
improve.
A
strongly
bullish
head
and
shoulders
pattern
formation
suggests
much
higher
prices
for
the
energy
sector
in
2016.
Leading
Wall
Street
technician,
Ralph
Acampora
of
Altaira
Wealth
Managementreturns
to
the
show
with
an
overview
of
key
support
levels
in
the
markets.
The
yearlong
trading
range
in
US
equities
includes
wide
swings
of
2,000
points
in
the
Dow
Jones
Industrials,
due
in
part
to
rate
hike
indecision
on
the
part
of
policymakers
as
well
as
uncertainty
over
the
upcoming
November
election.
Meanwhile,
the
Eurozone
is
grappling
with
Grexit
issues,
which
is
stifling
economic
growth.
Nevertheless,
our
guest
assures
listeners
that
both
domestic
and
EU
equities
markets
will
likely
rebound
from
current
levels;
US
stocks
could
reach
new
zeniths
this
year.
Ralph
Acampora
agrees
with
several
recent
guests
that
gold
and
silver
have
seen
their
lows;
selloffs
present
buying
opportunities
to
increase
portfolio
exposure.
The
technical
position
of
crude
oil
continues
to
improve
with
a
strongly
bullish
head
and
shoulders
pattern
formation
suggesting
much
higher
prices
for
the
energy
sector
in
2016.
Jordan
Roy-Byrne
&
Chris
Waltzek
-
May
13,
2016.*
Mp3
format:
click
here.
Highlights
Jordan
Roy-Byrne
of
The
Daily
Gold,
makes
his
show
debut,
offering
his
book
free
to
our
listeners.
His
work
suggests
the
PMs
sector
has
found
support,
the
low
is
in
place
and
a
nascent
bull
market
could
be
emerging.
The
gold
shares
tend
to
lead
the
charge
in
sustainable
rallies,
which
is
occurring
in
2016.
Our
guest
finds
the
recent
PMs
shares
bottom
comparable
to
the
end
of
the
1942
NYSE
low,
following
the
Great
Depression.
Selloffs
in
the
PMs
sector
represent
buying
opportunities
amid
the
new
uptrend.
Chasing
the
sector
after
such
an
advance
is
inadvisable,
suggesting
instead
to
remain
patient
for
solid
buying
opportunities
to
emerge
later
in
2016.
The
discussion
includes
the
importance
for
the
gold
safe
haven
amid
economic
uncertainty,
such
as
in
Venezuela,
with
triple
digit
inflation.
Gold
in
terms
of
the
Venezuelan
Peso
has
skyrocketed,
underscoring
to
investors
worldwide
the
importance
of
protecting
purchasing
power.
Jordan
offers
a
stock
candidate,
Klondex
Mines
(KLDX)
a
gold
producer
with
mines
in
the
US
and
Canada.
The
company
CEO
is
so
confident
in
the
prospects
of
his
firm,
he
reportedly
invested
95%
of
his
personal
fortune
in
the
shares.
Gold
and
silver
bullion
remain
the
ideal
bedrock
insurance
policy
for
every
diversified
portfolio.
Junior
mines
represent
an
opportunity
to
boost
overall
expected
return
with
a
fractional
investment.
Jordan
Roy-Byrne
of
The
Daily
Gold,
makes
his
show
debut,
offering
his
book
free
to
our
listeners.
His
work
suggests
the
PMs
sector
has
found
support,
the
low
is
in
place
and
a
nascent
bull
market
could
be
emerging.
The
gold
shares
tend
to
lead
the
charge
in
sustainable
rallies,
which
is
occurring
in
2016.
Our
guest
finds
the
recent
PMs
shares
bottom
comparable
to
the
end
of
the
1942
NYSE
low,
following
the
Great
Depression.
The
guest
and
host
concur;
selloffs
in
the
PMs
sector
represent
buying
opportunities
amid
the
new
uptrend.
Nonetheless,
both
note
that
chasing
the
sector
after
such
an
advance
is
inadvisable,
suggesting
instead
to
remain
patient
for
solid
buying
opportunities
to
emerge
later
in
2016.
The
discussion
includes
the
importance
for
the
gold
safe
haven
amid
economic
uncertainty,
such
as
in
Venezuela,
with
triple
digit
inflation
making
basic
necessities
scarce
and
joblessness
rampant.
Gold
in
terms
of
the
Venezuelan
Peso
has
skyrocketed,
underscoring
to
investors
worldwide
the
importance
of
protecting
purchasing
power.
Jordan
offers
a
stock
candidate,
Klondex
Mines
(KLDX)
a
gold
producer
with
mines
in
the
US
and
Canada;
the
company
CEO
is
so
confident
in
the
prospects
of
his
firm,
he
reportedly
invested
95%
of
his
personal
fortune
in
the
shares.
Gold
and
silver
bullion
remain
the
ideal
bedrock
insurance
policy
for
every
diversified
portfolio,
while
junior
mines
represent
an
opportunity
to
boost
overall
expected
return
with
a
fractional
investment.
David
Gurwitz,
Managing
Director
at
Nenner
Researchreturns
to
the
show.
David
and
his
business
partner
Dr.
Charles
Nenner
apply
their
mathematical
constructs
to
the
market
to
glean
information
about
future
price
levels.
Through
cycles
analysis
of
market
time-series
and
a
target
algorithm,
their
team
of
analysts
make
forecasts
among
a
variety
of
asset
classes,
including
stocks,
bonds
and
currencies
(Yen,
Euro,
Canadian
and
the
US
dollar).
They
offer
a
free
1
month
trial
to
their
newsletter
to
Goldseek.com
Radio
listeners.
Subscribers
receive
new
editions
each
Mon.,
Wed.
and
Fri,
plus
charts
and
global
macro
analysis
each
Sunday.
Their
work
suggests
a
new
bull
market
is
underway
in
the
precious
metals
sector,
with
current
gold
support
at
$1,190.
If
$1,500
is
surpassed,
the
bull
market
could
culminate
with
a
$2,000+
gold
price
in
the
coming
years.
Their
silver
forecast
is
just
as
encouraging
for
PMs
aficionados;
once
AG
surpasses
$20
per
ounce,
the
next
targets
are
$25,
$30
and
even
$49.
Black
gold
appears
to
have
found
a
floor,
which
could
double
from
the
bear
market
lows,
to
as
high
as
$56
per
barrel
this
summer.
David
Gurwitz,
Managing
Director
at
Nenner
Researchreturns
to
the
show;
David
and
his
business
partner
Dr.
Charles
Nenner
apply
their
mathematical
constructs
to
the
market
to
glean
information
about
future
price
levels.
Through
cycles
analysis
of
market
time-series
and
a
target
algorithm,
their
team
of
analysts
make
forecasts
among
a
variety
of
asset
classes,
including
stocks,
bonds
and
currencies
(Yen,
Euro,
Canadian
and
the
US
dollar).
They
offer
a
free
1
month
trial
to
their
newsletter
to
Goldseek.com
Radio
listeners.
Subscribers
receive
new
editions
each
Mon.,
Wed.
And
Fri,
plus
charts
and
global
macro
analysis
each
Sunday.
Their
work
suggests
a
new
bull
market
is
underway
in
the
precious
metals
sector,
with
current
gold
support
at
$1,190.
If
$1,500
is
surpassed,
the
bull
market
could
culminate
with
a
$2,000+
gold
price
in
the
coming
years.
Their
silver
forecast
is
just
as
encouraging
for
PMs
aficionados;
once
AG
surpasses
$20
per
ounce,
the
next
targets
are
$25,
$30
and
even
$49,
the
former
bull
market
zenith
of
2011.
After
successfully
predicting
the
top
of
the
last
crude
oil
advance,
near
$147,
similar
to
the
yellow
metal,
Nenner
Research
and
the
show
host
concur
that
black
gold
appears
to
have
found
a
floor,
which
could
double
from
the
bear
market
lows,
to
as
high
as
$56
per
barrel
this
summer.
For
the
first
time
in
5
years,
gold
is
making
higher
highs
and
higher
lows,
a
solid
sign
of
recovery.
If
the
yellow
metal
holds
$1,280,
"Buy
with
both
hands,"
according
to
his
latest
newsletter.
Regarding
US
shares,
the
"Sell
in
May
and
walk
away,"
theme
may
persist
in
2016,
making
the
overvalued
indexes
more
attractive
in
October
/
November.
Arch
Crawford,
head
of
Crawford
Perspectives
showcases
his
investing
methods
that
he's
honed
over
forty
years
in
the
markets,
including
the
influence
of
his
mentor
Bob
Farrell
during
his
tenure
at
Merrill
Lynch.
Bob
Farrell's
investing
rules
are
available
online:
10
rules
of
technical
investing
success.
For
the
first
time
in
5
years,
gold
is
making
higher
highs
and
higher
lows,
a
solid
sign
of
recovery.
If
the
yellow
metal
holds
$1,280,
"Buy
with
both
hands,"
according
to
his
latest
newsletter.
The
duo
discuss
great
market
wizards
of
the
past,
such
as
W.D.
Gann,
son
of
a
Baptist
minister,
born
into
poverty
with
10
siblings
in
rural
Texas,
who
amassed
an
astounding
$50
million
fortune
entirely
through
investing,
approximately
$1
billion
when
adjusted
for
inflation.
Regarding
US
shares,
the,
"Sell
in
May
and
walk
away,"
theme
may
persist
in
2016,
making
the
overvalued
indexes
more
attractive
in
October
/
November.
Louis
Navellier
of
Navellier
&
Associates,
returns
to
the
show
with
must
hear
market
commentary.
The
gold
bullion
aficionado
prefers
real
money
over
currency,
which
carries
a
negative
interest
rate.
The
precious
metals
will
remain
essential
core
holdings
for
every
investment
portfolio.
He
recommends
that
investors
follow
the
steps
he's
taking
to
insure
his
personal
portfolio,
by
increasing
their
allocation
of
gold
and
PMs
shares.
The
perma-bull
is
less
sanguine
on
US
equities,
amid
sagging
sales
/
earnings
news.
While
the
major
indexes
tread
water,
many
top
flying
blue
chips
are
showing
signs
of
distress.
Although
small-cap
stocks
are
red
hot,
much
of
the
excitement
is
due
to
low
floats
amid
a
short-covering
rally.
Stocks
with
solid
sales
figures
and
low
P/E
ratios
relative
to
the
S&P
present
opportunities,
such
as
Facebook
(FB)
and
CostCo
(COST).
The
S&P
500
dividend
yield
is
higher
than
the
less
risky
10-year
Treasury
Bill,
suggesting
that
stocks
are
undervalued
relative
to
bonds,
a
rare
indication
of
underlying
strength.
Louis
Navellier
of
Navellier
&
Associates,
returns
to
the
show
with
must
hear
market
commentary.
The
gold
bullion
aficionado
prefers
real
money
over
currency,
which
carries
a
negative
interest
rate.
The
precious
metals
will
remain
essential
core
holdings
for
every
investment
portfolio,
as
long
as
central
bankers
continue
to
follow
their
modus
operandi
of
monetary
debasement,
worldwide.
He
recommends
that
investors
follow
the
steps
he's
taking
to
insure
his
personal
portfolio,
by
increasing
their
allocation
of
gold
and
PMs
shares.
The
perma-bull
is
less
sanguine
on
US
equities,
amid
sagging
sales
/
earnings
news.
While
the
major
indexes
tread
water,
many
top
flying
blue
chips
are
showing
signs
of
distress.
Although
small-cap
stocks
are
red
hot,
much
of
the
excitement
is
due
to
low
floats
amid
a
short-covering
rally.
Stocks
with
solid
sales
figures
and
low
P/E
ratios
relative
to
the
S&P
present
opportunities,
such
as
Facebook
(FB)
and
CostCo
(COST).
In
addition,
the
S&P
500
dividend
yield
is
higher
than
the
less
risky
10-year
Treasury
Bill,
suggesting
that
stocks
are
undervalued
relative
to
bonds,
a
rare
indication
of
underlying
strength.
Bill
Murphy
from
GATA.org
returns
with
encouraging
comments
on
the
PMs
sector,
in
particular
his
"Texas
Hedging
Scenario."
The
smart
money
is
simultaneously
long
silver
futures
and
bullion,
instead
of
the
more
typical
physical
hedging
arrangement.
The
net
impact
suggests
the
big
players,
such
as
the
commercials
who
are
heavily
short
amid
dwindling
bullion
supply,
could
trigger
a
force
majeure.
The
remarkable
resiliency
following
each
selloff
suggests
evidence
of
a
sustainable
rally.
The
discussion
includes
comments
from
Keith
Neumeyer,
CEO
of
First
Majestic
Silver.
The
respected
silver
market
executive
was
contacted
by
a
major
electronics
manufacturer,
seeking
to
replenish
their
dwindling
stockpile
of
silver
bullion.
If
the
predictions
of
CEO
Neumeyer
come
to
pass,
the
price
of
silver
will
make
a
zenith
over
$100
per
ounce.
Bill
Murphy
adds
that
the
yellow
metal
is
trading
at
half
of
the
fundamental
value,
representing
an
irresistible
bargain
for
metals-minded
aficionados.
Bill
Murphy
from
GATA.org
returns
with
encouraging
comments
on
the
PMs
sector,
in
particular
his
"Texas
Hedging
Scenario,"
where
the
smart
money
is
simultaneously
long
silver
futures
and
silver
bullion,
instead
of
the
more
typical
physical
hedging
arrangement.
The
net
impact
suggests
the
big
players,
such
as
the
commercials
who
are
heavily
short
amid
dwindling
bullion
supply,
could
default,
resulting
in
a
silver
market
force
majeure.
Furthermore,
the
remarkable
resiliency
following
each
selloff
is
de
facto
evidence
of
a
sustainable
rally.
The
discussion
includes
comments
from
Keith
Neumeyer,
CEO
of
First
Majestic
Silver.
According
to
one
media
report,
the
respected
silver
market
executive
was
contacted
by
a
major
electronics
manufacturer,
seeking
to
replenish
their
dwindling
stockpile
of
silver
bullion.
If
the
predictions
of
CEO
Neumeyer
come
to
pass,
the
price
of
silver
will
make
a
zenith
over
$100
per
ounce.
Bill
Murphy
adds
his
technical
analysis,
which
suggests
that
the
yellow
metal
is
trading
at
half
of
the
fundamental
value,
representing
an
irresistible
bargain
for
metals-minded
aficionados.
Monty
Guild
&
Chris
Waltzek
-
April
28,
2016.
*
To
download
this
show
in
Mp3
format,
please:
click
here.
Highlights
Chris
welcomes
back
Monty
Guild
of
Guild
Investment
who
sees
solid
signs
in
the
commodities
markets,
in
particular
gold
and
crude
oil.
Guild
Investment
is
bullish
on
both
sectors,
due
in
part
to
expectations
of
future
dollar
weakness.
Their
long-term
viewpoint
on
gold
is
solidly
bullish
due
to
the
need
to
payoff
global
debts
through
further
currency
debasement.
The
massive
economic
engines
of
India
and
China
will
continue
to
absorb
dwindling
precious
metals
supply.
He
expects
oil
and
gold
shares
to
benefit
from
the
lower
dollar
theme.
Brazil,
Russia,
and
Canada
are
favorite
investment
nations.
The
continuing
economic
theme
of
negative
interest
rates
/
QE
is
accelerating
in
Japan,
amid
unfavorable
demographics.
Our
guest
is
convinced
that
the
failure
of
EU
banks
to
follow
their
US
colleagues
and
recapitalize
following
the
2008
economic
emergency,
could
spark
a
new
2007-2008
style
Credit
Crisis
in
the
next
few
years.
The
finding
is
corroborated
by
friend
of
the
show
Boston
University
professor,
Laurence
Kotlikoff
-
the
true
domestic
debt
load
is
approaching
$220
trillion.
A
favorite
equity
includes
biopharmaceutical
Gilead
Sciences
(GILD).
Easy
access
to
home
loans
in
the
US
combined
with
the
trend
of
immigration
will
continue
to
flood
the
real
estate
sector
with
capital.
For
safety
minded
investors,
Australia,
Canada
and
the
US
are
top
on
the
Guild
list
of
friendly
nations,
thanks
to
solid
legal
and
accounting
policies.
Chris
welcomes
back
Monty
Guild
of
Guild
Investment
who
sees
solid
signs
in
the
commodities
markets,
in
particular
gold
and
crude
oil.
Guild
Investment
is
bullish
on
both
sectors,
due
in
part
to
expectations
of
future
dollar
weakness.
Their
long-term
viewpoint
on
gold
is
solidly
bullish
due
to
the
need
to
payoff
global
debts
through
further
currency
debasement.
The
massive
economic
engines
of
India
and
China
will
continue
to
absorb
dwindling
precious
metals
supply,
as
investors
scramble
for
the
safe
haven
investment
class.
He
expects
oil
and
gold
shares
to
benefit
from
the
lower
dollar
theme.
Brazil,
Russia,
and
Canada
are
favorite
investment
nations:
Canada
is
flush
with
gold,
oil
and
timber;
Russian
has
oil
and
raw
minerals;
Brazil
benefits
from
soybean
production
and
base
metals
as
well
as
oil,
as
seen
in
Petrobras.
The
continuing
economic
theme
of
negative
interest
rates
/
QE
is
accelerating
in
Japan,
where
policymakers
are
attempting
to
stimulate
sagging
economic
conditions
amid
unfavorable
demographics.
Our
guest
is
convinced
that
the
failure
of
EU
banks
to
follow
their
US
colleagues
and
recapitalize
following
the
2008
economic
emergency,
could
spark
a
new
2007-2008
style
Credit
Crisis
in
the
next
few
years.
His
finding
is
corroborated
by
friend
of
the
show
Boston
University
professor,
Laurence
Kotlikoff,
who
notes
that
the
true
domestic
debt
load
is
approaching
$220
trillion
dollars,
significantly
more
than
the
combined
global
economic
output,
on
an
annual
basis.
Regarding
US
shares,
a
favorite
equity
includes
biopharmaceutical
Gilead
Sciences
(GILD).
Easy
access
to
home
loans
in
the
US
combined
with
the
trend
of
immigration
will
continue
to
flood
the
real
estate
sector
with
capital,
making
it
a
solid
investment.
For
safety
minded
investors,
Australia,
Canada
and
the
US
are
top
on
the
Guild
list
of
friendly
nations,
thanks
to
solid
legal
and
accounting
policies.
Bob
outlines
his
latest
forecasts
for
gold,
silver
their
shares
and
the
US
stock
indexes.
Just
as
the
emotions
of
fear
(nadirs)
and
greed
(zeniths)
still
reign
in
the
financial
markets,
little
has
changed
in
hundreds
of
years
of
monetary
policy.
As
it
is
today,
so
it
was
even
in
antiquity
-
policymakers
debased
their
currencies,
until
all
that
remained
was
the
base
metal
content.
The
outcome
is
always
the
same,
each
nation
/
empire
entered
a
protracted
period
of
decline.
The
discussion
turns
to
the
Reuters
report,
regarding
the
DB
financial
institution's
confession
of
long-term
silver
fixing.
The
major
banker
agreed
to
reveal
several
of
its
conspirator's
in
a
settlement.
Bob
Hoye's
work
indicates
that
during
deflationary
Great
Crashes,
since
the
1600's,
80%
of
the
time
gold
(real
money)
has
yielded
stunning
returns.
Chris
welcomes
back
Bob
Hoye,
senior
investment
strategist
at
Institutional
Advisors.
Bob
outlines
his
latest
forecasts
for
gold,
silver
their
shares
and
the
US
stock
indexes.
Just
as
the
emotions
of
fear
(nadirs)
and
greed
(zeniths)
still
reign
in
the
financial
markets,
little
has
changed
in
hundreds
of
years
regarding
monetary
policy.
As
it
is
today,
so
it
was
even
in
antiquity
-
policymakers
debased
their
currencies,
until
all
that
remained
was
the
base
metal
content.
The
outcome
is
always
the
same,
each
nation
/
empire
entered
a
protracted
period
of
decline.
The
discussion
turns
to
the
Reuters
report,
regarding
the
DB
financial
institution's
confession
of
precious
metals
market
manipulation
including
long-term
silver
fixing.
The
major
banker
agreed
to
reveal
several
of
its
conspirator's
in
a
settlement.
Bob
Hoye's
work
indicates
that
during
deflationary
Great
Crashes,
since
the
1600's,
80%
of
the
time
gold
(real
money)
has
yielded
stunning
portfolio
returns,
as
well
as
PMs
mines,
which
are
typically
profitable
during
such
troubled
periods.
Peter
Grandich
&
Chris
Waltzek
-
April
19,
2016.
*
Highlights
Peter
Grandich
of
Peter
Grandich
and
Company
rejoins
the
show
with
comments
on
US
equities
and
the
Precious
Metals
sector.
The
precious
metals
sector
could
continue
to
shine
this
year
amid
increased
global
geopolitical
tensions,
as
well
as
improved
demand
and
limited
supply.
Years
of
pessimism
have
increased
the
likelihood
of
solid
gains
in
2016.
This
fact
is
most
evident
from
a
technical
perspective.
Each
wave
of
selling
is
followed
by
an
even
stronger
rally,
suggestive
that
sellers
have
exhausted
themselves,
a
plus
for
the
bulls.
The
guest
/
host
agree
that
portfolio
diversification
with
a
heavier
weight
on
the
PMs
sector
is
advisable.
He
views
the
US
shares
market
as
somewhat
ambiguities
and
bifurcated.
While
corporate
earnings
have
slowed,
the
engine
of
higher
share
prices,
investors
have
discounted
the
odds
of
future
Fed
rate
hikes.
Monetary
policies
are
the
central
reason
why
US
shares
continue
to
tread
water.
By
propping
up
economic
conditions
with
near
zero
rates
and
buying
up
toxic
debt,
the
slight
of
hands
artificially
boost
GDP.
As
a
result,
the
pseudo-recovery
has
put
the
domestic
economy
in
jeopardy.
Peter
Grandich
of
Peter
Grandich
and
Company
rejoins
the
show
with
comments
on
US
equities
and
the
Precious
Metals
sector.
He
views
the
US
shares
market
as
somewhat
ambiguities
and
bifurcated.
While
corporate
earnings
have
slowed,
the
engine
of
higher
share
prices,
investors
have
discounted
the
odds
of
future
Fed
rate
hikes,
which
lowers
corporate
debt
issues,
viewed
as
a
positive
by
bullish
investors.
Put
differently,
monetary
policies
are
the
central
reason
why
US
shares
continue
to
tread
water.
Nevertheless,
by
propping
up
economic
conditions
with
near
zero
rates
and
buying
up
toxic
debt,
the
slight
of
hands
artificially
boost
GDP.
As
a
result,
the
pseudo-recovery
has
put
the
domestic
economy
in
jeopardy.
Meanwhile,
the
precious
metals
sector
could
continue
to
shine
this
year
amid
increased
global
geopolitical
tensions,
as
well
as
improved
demand
and
limited
supply.
Years
of
pessimism
have
increased
the
likelihood
of
solid
gains
in
2016.
This
fact
is
most
evident
from
a
technical
perspective;
each
selling
episode
is
followed
by
an
even
stronger
rally,
suggestive
that
sellers
have
exhausted
themselves
and
the
pendulum
has
swung
back
in
favor
of
long
positions,
particularly
if
gold
closes
solidly
above
$1,300.
The
guest
/
host
agree
that
portfolio
diversification
with
a
heavier
weight
on
the
PMs
sector
is
advisable.
Bill
Murphy
from
GATA.org
returns
to
the
show
with
comments
on
the
national
gold
stockpile.
A
growing
cadre
of
researchers
note
that
gold
swap
arrangements
make
deciphering
the
domestic
a
daunting
task,
so
reserves
are
likely
overstated.
Wise
BRICS
central
banks
are
accumulating
the
metal
at
new
records,
according
to
the
World
Gold
Council
(WGC),
480
tons
of
gold
was
purchased.
Key
takeaway
point:
once
the
gold
enters
their
vaults,
the
ounces
essentially
evaporate
from
the
market.
Gold
bears
can
no
longer
claim
that
the
monetary
metal
carries
zero
interest,
gold
and
silver
both
pay
substantial
interest
by
avoiding
interest
payments.
Like
John
Embry,
Bill
Murphy
expects
a
big
shift
in
investor
tastes,
making
the
unloved
silver
sector
the
de
facto
loved
asset
class
du
jour.
His
work
indicates
a
100:1
risk
to
reward
ratio
in
silver,
$1-$2
risk
on
the
downside
with
at
least
$100
on
the
upside.
Naked
short-selling
in
the
highly
illiquid
markets
helping
send
PMs
shares
to
outperform
the
underlying
metals,
as
shorts
scramble
to
cover.
Bill
Murphy
from
GATA.org
returns
to
the
show
with
comments
on
the
national
gold
stockpile.
Bill
Murphy
agrees
with
Jim
Rickards
and
a
growing
cadre
of
researchers,
that
gold
swap
arrangements
make
deciphering
the
domestic
a
daunting
task,
so
reserves
are
likely
overstated,
threatening
dollar
hegemony.
However,
wise
BRIC
central
banks
are
accumulating
the
metal
at
new
records,
according
to
the
World
Gold
Council
(WGC),
480
tons
of
gold
were
purchased
by
monetary
authorities
last
year,
the
second
largest
annual
total
on
record.
A
key
takeaway
point:
once
the
gold
enters
their
vaults,
the
ounces
essentially
evaporate
from
the
market.
Case
in
point,
China
has
strict
laws
on
gold
exports.
Moreover,
now
that
rates
have
entered
negative
territory
in
several
key
money
centers
worldwide,
the
gold
bears
can
no
longer
claim
that
the
monetary
metal
carries
zero
interest,
i.e.,
in
a
negative
rate
environment,
gold
and
silver
both
pay
substantial
interest
by
avoiding
interest
payments.
Like
John
Embry,
Bill
Murphy
expects
a
big
shift
in
investor
tastes,
making
the
unloved
silver
sector
the
de
facto
loved
asset
class
du
jour.
His
work
indicates
a
100:1
risk
to
reward
ratio
in
silver,
$1-$2
risk
on
the
downside
with
at
least
$100
on
the
upside.
In
addition,
naked
short-sellers
are
now
buying
back
shares
in
highly
illiquid
markets,
putting
the
price
up
on
themselves,
which
may
explain
one
aspect
of
the
startlingly
explosive
move
in
the
PMs
shares,
relative
to
the
underlying
metals.
John
Embry
&
Chris
Waltzek
-
April
6,
2016.
*
Please
download
this
show
in
Mp3
format:
click
here.
He
shares
his
outlook
on
the
precious
metals
sector.
News
that
gold
was
higher
by
16%
in
the
first
quarter
unnerved
the
central
bank
cartel,
sending
shockwaves
through
their
ranks.
US
equities
appear
wildly
overvalued,
despite
constant
support
from
government
officials.
He
cautions
investors
on
US
stocks
-
new
purchases
may
not
be
warranted.
The
The
PMs
shares
tend
to
lead
the
underlying
PMs
higher.
While
the
80%
advance
in
the
HUI
may
seem
excessive,
the
covering
of
billions
of
'naked'
shares,
could
support
higher
prices.
The
retail
market
may
not
have
even
begun
to
dip
its
collective
toe
into
the
proverbial
marketplace,
which
could
extend
the
impressive
rally.
While
gold
is
destined
for
a
several
fold
price
explosion
in
the
coming
years,
silver
represents
the
best
bargain.
The
gold
:
silver
ratio
could
easily
drop
from
80:1
to
20:1
sending
silver
to
$60
per
ounce
without
any
change
in
the
gold
price.
Chris
welcomes
back,
John
Embry,
Senior
Strategist
at
Sprott
Asset
Management,
-
he
shares
his
outlook
on
the
precious
metals
sector.
News
that
gold
was
higher
by
16%
in
the
first
quarter
unnerved
the
central
bank
cartel,
sending
shockwaves
through
their
ranks.
On
the
contrary,
US
equities
appear
wildly
overvalued,
despite
constant
support
from
government
officials.
He
cautions
investors
on
US
stocks
-
new
purchases
may
not
be
warranted.
Nevertheless,
the
PMs
equities
indexes
HUI
/
XAU
remain
robust;
the
PMs
shares
tend
to
lead
the
underlying
PMs
higher.
While
the
80%
advance
in
the
HUI
may
seem
excessive,
the
covering
of
billions
of
'naked'
shares,
shares
created
out
of
thin
air
by
big
institutions,
could
support
higher
prices.
The
retail
market
may
not
have
even
begun
to
dip
its
collective
toe
into
the
proverbial
marketplace,
which
could
extend
the
impressive
rally
over
the
course
of
the
next
few
years.
While
gold
is
destined
for
a
several
fold
price
explosion
in
the
coming
years,
silver
represents
the
best
bargain.
The
gold
:
silver
ratio
could
easily
drop
from
80:1
to
20:1
sending
silver
to
$60
per
ounce
without
any
change
in
the
gold
price.
John
Embry
insists
that
Jim
Rogers
&
Chris
Waltzek
-
March
31,
2016.
*
To
download
this
show
in
Mp3
format,
please
click
here.
Highlights
Chris
welcomes
back
Jim
Rogers
from
his
Singapore
office
-
he
notes
twice
as
many
US
stocks
were
down
in
2015
as
up,
a
bearish
market
breadth
indication.
The
primary
reason
why
the
equities
indexes
remain
aloft
is
the
enormous
debt
burden
added
to
the
balance
sheets
of
the
Fed,
since
2008.
But
unlike
2008,
2000,
1987
and
even
1929,
the
US
is
now
the
largest
debtor
nation
in
the
world,
putting
the
country
at
elevated
risk
of
default.
This
anomaly
presents
the
most
precarious
economic
quagmire
in
national
history.
He's
currently
long
the
US
dollar
(from
much
lower
levels),
the
Yuan,
Chinese
stocks,
short
US
shares,
long
agricultural
futures
and
holding
on
tightly
to
gold
/
silver.
Poised
like
a
praying
mantis,
the
ever
vigilant
investor
is
anticipating
the
right
opportunity
to
increase
his
gold
/
silver
exposure.
With
an
established
knack
for
identifying
profit
opportunities
outside
the
scope
of
the
mainstream
media
he
recently
developed
a
penchant
for
undervalued
Russian
bonds
and
rubles.
Unlike
the
West,
Russia
is
not
a
debtor
nation
but
a
creditor,
for
instance,
Cuba
owes
Russia
$25
billion
as
of
2013
figures.
Chris
welcomes
back
Jim
Rogers
from
his
Singapore
office
-
he
notes
twice
as
many
US
stocks
were
down
in
2015
as
up,
a
bearish
market
breadth
indication.
The
primary
reason
why
the
equities
indexes
remain
aloft
is
the
enormous
debt
burden
added
to
the
balance
sheets
of
the
Fed,
BOJ,
EU,
BOE,
PBoC
since
2008.
But
unlike
2008,
2000,
1987
and
even
1929,
the
US
is
now
the
largest
debtor
nation
in
the
world,
putting
the
country
at
elevated
risk
of
default.
Our
guest
thinks
this
presents
the
most
precarious
economic
quagmire
in
national
history.
He's
currently
long
the
US
dollar
(from
much
lower
levels),
the
Yuan,
Chinese
stocks,
short
US
shares,
long
agricultural
futures
and
holding
on
tightly
to
gold
/
silver.
Ever
the
patient
investor,
like
a
praying
mantis,
he
is
poised
to
increase
his
gold
/
silver
exposure.
Given
the
established
knack
for
identifying
profit
opportunities
outside
the
scope
of
the
mainstream
media
he
has
developed
a
penchant
for
undervalued
bonds
and
rubles.
Unlike
the
West,
Russia
is
not
a
debtor
nation
but
a
creditor,
for
instance,
Cuba
owes
Russia
$25
billion
as
of
2013
figures.
Economist
John
Williams
of
Shadowstats.com
returns
to
the
show
with
a
characteristically
non-sanguine
stance
on
the
economy.
Global
QE
operations
are
detrimental,
meant
only
for
temporary
banking
system
support,
as
a
result
long-term
QE
operations
have
caused
economic
dependence.
The
low
rate
methodology
is
particularly
deleterious
for
retiree's,
many
of
whom
25%
of
existing
house
sales
are
cash
transactions,
indicating
nervousness
on
the
part
of
lenders.
Our
guest
expects
Fed
policymakers
to
revamp
QE
operations
to
prevent
a
systemic
collapse
in
the
US
dollar.
Anything
to
avoid
a
Great
Deflation
-
sending
inflation
to
much
higher
levels.
The
action
fails
to
address
the
Fiscal
spending
/
monetary
debt
issues.
John
Williams
favors
physical
bullion,
gold
/
silver
sovereign
coins
over
bullion
bars.
The
host
/
guest
agree
that
as
the
dollar
slide
begins
in
earnest,
WTIC,
crude
oil
prices
will
rebound
in
spectacular
fashion.
When
the
unscrupulous
share
buyback
effects
are
removed
from
US
stock
indexes,
clearly
market
momentum
has
stalled.
The
US
economy
never
truly
recovered
from
the
2008
Great
Recession
and
could
roll
over
into
a
similar
scenario.
The
host
notes
that
the
US
has
been
in
a
recession
since
the
year
2000,
when
the
GDP
is
properly
adjusted
for
inflation
-
the
guest
responds
that
the
current
economic
quagmire
is
comparable
to
the
Great
Depression
(Figure
1.1.).
The
reason
why
it
has
not
been
recognized
by
the
mainline
media
as
a
Great
Depression,
is
due
to
government
subsidies.
Without
such
programs,
lines
would
form
miles
long
around
national
soup
kitchens.
John
Williams
views
gold
and
silver
as
the
ultimate
investment
portfolio
hedging
components
-
essential
balancing
mechanisms.
Our
guest
not
only
joins
the
chorus
of
leading
financial
pundits,
but
projects
the
voice
above
them
all,
calling
for
$100,000-$1,000,000
per
ounce
gold.
Economist
John
Williams
of
Shadowstats.com
returns
to
the
show
with
a
characteristically
non-sanguine
stance
on
the
economy.
Global
QE
operations
are
detrimental,
meant
only
for
temporary
banking
system
support.
Long-term
QE
operations
have
caused
economic
dependence.
The
low
rate
methodology
is
particularly
deleterious
to
retiree's,
many
of
whom
require
reasonable
interest
rates
for
a
well-deserved
retirement,
especially
given
the
substantial
empirical
inflation
in
consumer
goods.
House
loans
are
challenging,
25%
of
existing
house
sales
are
cash
transactions,
indicating
nervousness
on
the
part
of
lenders
as
well
as
borrowers.
Our
guest
expects
Fed
policymakers
to
revamp
QE
operations
to
prevent
a
systemic
collapse
in
the
US
dollar,
anything
to
avoid
a
Great
Deflation
-
sending
inflation
to
much
higher
levels.
Nevertheless,
the
action
fails
to
address
the
Fiscal
spending
/
monetary
debt
issues.
John
Williams
favors
physical
bullion,
gold
/
silver
sovereign
coins
over
bullion
bars,
to
facilitate
ease
of
sale
when
needed.
The
host
/
guest
agree
that
as
the
dollar
slide
begins
in
earnest,
WTIC,
crude
oil
prices
will
rebound
in
spectacular
fashion.
In
addition,
when
the
unscrupulous
share
buyback
effects
are
removed
from
US
stock
indexes,
the
market
momentum
has
stalled.
Case
in
point,
the
US
economy
never
truly
recovered
from
the
2008
Great
Recession
and
could
not
be
rolling
over
into
a
similar
scenario.
The
host
notes
that
the
US
has
been
in
a
recession
since
the
year
2000,
when
the
GDP
is
properly
adjusted
for
inflation
-
the
guest
responds
that
the
current
economic
quagmire
is
comparable
to
the
Great
Depression
(Figure
1.1.).
The
reason
why
it
has
not
been
recognized
by
the
mainline
media
as
a
Great
Depression,
is
due
to
government
subsidies,
such
as
the
50
million
food
stamp
debit
cards.
Without
such
programs,
lines
would
form
miles
long
around
national
soup
kitchens.
John
Williams
views
gold
and
silver
as
the
ultimate
investment
portfolio
hedging
components
-
essential
balancing
mechanisms.
Our
guest
not
only
joins
the
chorus
of
leading
financial
pundits,
but
projects
the
voice
above
them
all,
calling
for
$100,000-$1,000,000
per
ounce
gold
as
a
reality
when
the
US
dollar
collapse
is
complete.
Figure
1.1.
Dallas
Manufacturing
Index
(Leading
Economic
Indicator)