Chris
welcomes
back
Louis
Navellier
of
Navellier
&
Associates.
Louis
Navellier
discusses
his
top
portfolio
candidates.
Favorite
gold
mining
stock,
Franco
FNV,
and
a
lithium
mining
firm
are
discussed.
The
host
and
guest
agree
on
the
merits
of
one
key
company,
major
chip
maker,
nVidia,
NVDA,
which
produces
GPU
technology.
Favorite
energy
stocks
include
Pioneer
Natural
Resources
PXD
and
Devon
Energy
DVN.
Expect
technology
shares
to
outperform
in
2017
as
new
chip
technology
from
Apple
AAPL
continues
to
push
the
sector
higher.
Optical
switching
companies
such
as
Applied
Optoelectronics
AAOI
and
Oclaro
OCLR
are
speeding
up
modems
and
could
to
facilitate
4k
video
streaming.
Companies
continue
to
repurchase
their
capital
stock,
reducing
share
float
and
by
proxy
increasing
price.
The
only
major
threat
to
US
shares
could
be
the
failure
to
pass
the
corporate
tax
reform
plan.
If
the
measures
fail
to
pass
Capital
hill,
the
event
threatens
to
derail
the
US
stock
market
advance.
Chris
welcomes
back
Louis
Navellier
of
Navellier
&
Associates.
Louis
Navellier
discusses
his
top
portfolio
candidates,
including
a
favorite
gold
mining
stock,
Franco
FNV,
and
a
lithium
mining
firm.
In
addition,
the
host
and
guest
agree
on
the
merits
of
one
key
company,
major
chip
maker,
nVidia,
NVDA,
which
produces
GPU
technology
that
runs
faster
than
typical
CPUs
and
more
cost
effective.
Favorite
energy
stocks
include
Pioneer
Natural
Resources
PXD
and
Devon
Energy
DVN.
Expect
technology
shares
to
outperform
in
2017
as
new
chip
technology
from
Apple
AAPL
continues
to
push
the
sector
higher.
Optical
switching
companies
such
as
Applied
Optoelectronics
AAOI
and
Oclaro
OCLR
are
speeding
up
modems
and
could
to
facilitate
4k
video
streaming
(Figure
1.1).
In
addition,
corporations
continue
to
repurchase
their
capital
stock,
reducing
share
float
and
by
proxy
increasing
price.
The
only
major
threat
to
US
shares
could
be
the
failure
to
pass
the
corporate
tax
reform
plan
-
if
the
measures
fail
to
pass
Capital
hill,
the
event
could
derail
the
US
stock
market
advance.
Figure
1.1.
Portfolio
Grader
Rating
of
Stocks
Discussed
A
new
US
Housing
bubble
has
arrived,
a.k.a.
the
echo
bubble,
due
to
institutional
speculation.
But
this
time
the
subprime
debt
is
also
concentrated
in
delinquent
auto
/
student
loans
putting
$4
trillion
at
risk.
US
equities
are
also
in
bubble
territory
with
the
Dow
higher
only
a
few
percent
in
2017
compared
with
the
spectacular
10%+
gains
of
the
PMs.
Financing
the
proposed
fiscal
stimulus
plans
could
double
the
Federal
spending
deficit
from
$1
to
$2
per
year,
eroding
the
purchasing
power
of
the
US
dollar.
Once
the
public
realizes
its
been
duped
by
overinflated
housing
/
stock
prices,
the
herd
will
panic
and
the
next
PMs
stampede
will
begin
in
earnest.
The
Euro
Pacific
Gold
Fund,
EPGFX
may
represent
a
value
opportunity
for
investors
interested
in
the
sector
who
wish
to
avoid
individual
share
risk.
At
some
point
in
the
near
future,
institutions
and
deep
pocket
investors,
central
banks
and
sovereign
funds
could
unintentionally
corner
the
PMs
shares
/
bullion.
Unless
investors
heed
his
warning,
Peter
Schiff
expects
entire
generations
of
retirees
to
be
wiped
out
by
the
coming
inflationary
maelstrom.
Takeaway
point
-
a
global
gold
standard
is
inevitable
and
merely
a
matter
of
time.
The
head
of
SchiffGold,
Euro
Pacific
Capital,
and
Euro
Pacific
Gold
Fund
(EPGFX),
thinks
the
US
Fed
is
preparing
for
the
largest
bailout
in
history
via
a
massive
quantitative
easing
policy
(QE4),
that
could
send
gold
to
$5,000+.
A
new
US
Housing
bubble
has
arrived,
a.k.a.
the
echo
bubble,
due
to
institutional
speculation.
But
this
time
the
subprime
debt
is
also
concentrated
in
delinquent
auto
/
student
loans
putting
$4
trillion
at
risk.
US
equities
are
also
in
bubble
territory
with
the
Dow
higher
only
a
few
percent
in
2017
compared
with
the
spectacular
10%+
gains
of
the
PMs.
Financing
the
proposed
fiscal
stimulus
plans
could
double
the
Federal
spending
deficit
from
$1
to
$2
per
year,
eroding
the
purchasing
power
of
the
US
dollar.
Once
the
public
realizes
its
been
duped
by
overinflated
housing
/
stock
prices,
the
herd
will
panic
and
the
next
PMs
stampede
will
begin
in
earnest.
The
Euro
Pacific
Gold
Fund,
EPGFX
may
represent
a
value
opportunity
for
investors
interested
in
the
sector
who
wish
to
avoid
individual
share
risk.
At
some
point
in
the
near
future,
institutions
and
deep
pocket
investors,
central
banks
and
sovereign
funds
could
unintentionally
corner
the
PMs
shares
/
bullion,
resulting
in
a
bull
market
unlike
any
in
modern
history.
Unless
investors
heed
his
warning,
Peter
Schiff
expects
entire
generations
of
retirees
to
be
wiped
out
by
the
coming
inflationary
maelstrom.
Takeaway
point
-
a
global
gold
standard
is
inevitable
and
merely
a
matter
of
time.
Bill
Murphy
&
Chris
Waltzek
Ph.D.
-
April
12,
2017.
Bill
Murphy
of
GATA.org
returns
with
upbeat
commentary
on
the
PMs
sector.
With
silver
higher
by
approx.
15%
and
gold
over
10%
already
this
year,
the
silver
market
appears
to
be
winding
up
for
an
explosive
move.
For
the
technically
savvy,
a
bullish
head
and
shoulders
pattern
implies
a
possible
run
back
to
the
$21+
peak
of
2016.
Once
silver
clears
the
first
target,
$26
is
the
next
area
of
resistance
to
overcome.
With
US
housing
in
an
echo
bubble,
US
stocks
at
lofty
levels
unseen
since
the
year
2000
peak
the
PMs
appear
to
present
a
solid
valuation.
Bill
Murphy
of
GATA.org
returns
with
upbeat
commentary
on
the
PMs
sector.
With
silver
higher
by
approx.
15%
and
gold
over
10%
already
this
year,
the
silver
market
appears
to
be
winding
up
for
an
explosive
move.
For
the
technically
savvy,
a
bullish
head
and
shoulders
pattern
implies
a
possible
run
back
to
the
$21+
peak
of
2016.
Once
silver
clears
the
first
target,
$26
is
the
next
area
of
resistance
to
overcome.
With
US
housing
in
an
echo
bubble,
US
stocks
at
lofty
levels
unseen
since
the
year
2000
peak
and
the
end
of
a
30
year
bond
rally,
the
PMs
appear
to
present
the
best
valuation
of
any
major
asset
class.
Listeners'
Q&A
-
Chris
Waltzek
Ph.D.
-
April
11,
2017.
The
organization
may
have
implemented
a
sinister
plan
to
hoard
sound
money,
gold
and
silver
to
the
detriment
of
the
everyday
American
/
global
inhabitant.
Mark
and
Kenneth
applaud
the
host's
recent
Ph.D.
designation.
Monica
writes
in
for
a
free
copy
of
the
Alpha
Stocks
Newsletter
and
inquires
about
the
medical
cannabis
stocks
reviewed.
The
host
outlines
compelling
reasons
to
own
silver
bullion
and
shares
-
the
inelastic
demand
/
supply
curves.
The
latest
Listener's
Q&A
segment
includes
comments
from
longtime
listener,
John
from
San
Diego
who
notes
Bix
Weir's
claims
to
have
identified
2.75
billion
ounces
of
US
government
silver
reserves,
approximately
3-4
years
silver
production.
Some
market
watchers
believe
that
the
warehouses
of
silver
could
be
the
clandestine
source
of
silver
used
by
powerful
interests
to
cap
the
silver
price
in
tandem
with
derivatives
schemes.
Another
proposed
stockpile
includes
50-500
million
ounces
in
JPMorgan
vaults.
Purportedly,
the
stockpile
was
accumulated
at
recent
lows
as
a
cover
for
the
massive
silver
short
position.
In
addition,
a
listener
outlines
Mr.
Savoie's
outstanding
exposé
of
the
Pilgrim
Society,
a
covert
organization,
which
according
to
a
few
researchers
may
have
implemented
a
sinister
plan
to
hoard
sound
money,
gold
and
silver
to
the
detriment
of
the
everyday
American
/
global
inhabitant.
Mark
and
Kenneth
applaud
the
host's
recent
Ph.D.
designation.
An
anonymous
listener
discusses
a
little
known
loophole
for
gold
owners
to
earn
a
rebate
of
up
to
$294
for
each
gold
ounce
they
own:
Gold
and
Silver
Government
Rebate:
Rule
214(a)(5).
Monica
writes
in
for
a
free
copy
of
the
Alpha
Stocks
Newsletter
and
inquires
about
the
medical
cannabis
stocks
reviewed.
The
host
outlines
compelling
reasons
to
own
silver
bullion
and
shares
-
the
inelastic
demand
/
supply
curves,
resulting
from
insatiable
industrial
demand
and
limited
available
stockpiles.
Harry
S.
Dent
Jr.
&
Chris
Waltzek
-
April
6,
2017.
According
to
Harry
S.
Dent
Jr.,
investors
should
ignore
FOMC
rate
hikes
and
buy
gold
-
slower
job
growth
could
cap
US
equities
prices
in
2017.
The
imminent
Greek
default
slated
for
this
July
could
be
another
stumbling
block
for
the
financial
markets.
Implementing
the
new
tax
cuts
/
health
care
plan
proposed
by
the
Administration
could
be
challenging.
The
Echo
Housing
Bubble
is
tied
to
bubbles
in
US
equities
/
bonds,
all
of
which
threaten
to
topple
the
global
financial
system.
Harry
S.
Dent's
economic
model
indicates
a
long-term
economic
downturn
began
in
2008
and
continues
to
this
day.
The
current
economic
uptick
is
merely
a
fata
morgana.
Outside
the
USA,
the
EU
and
China
are
facing
their
own
bubble-troubles.
Our
guest
expects
gold
and
commodities
to
emerge
as
the
strongest
markets
along
with
India
during
the
impending
crises.
According
to
Harry
S.
Dent
Jr.,
Investors
should
ignore
FOMC
rate
hikes
and
buy
gold
-
slower
job
growth
could
cap
US
equities
prices
in
2017.
The
imminent
Greek
default
slated
for
this
July
could
be
another
stumbling
block
for
the
financial
markets.
He's
also
concerned
that
implementing
the
new
tax
cuts
/
health
care
plan
proposed
by
the
Administration
could
be
challenging.
The
Echo
Housing
Bubble
is
tied
to
bubbles
in
US
equities
/
bonds,
all
of
which
threaten
to
topple
the
global
financial
system,
lead
by
soaring
delinquencies
in
$1
trillion
of
student
debt
and
trillions
in
subprime
auto
loans.
Harry
S.
Dent's
economic
model
indicates
a
long-term
economic
downturn
began
in
2008
and
continues
to
this
day;
the
current
economic
uptick
is
merely
a
fata
morgana.
Outside
the
USA,
the
EU
and
China
are
facing
their
own
bubble-troubles
that
could
trigger
the
catalyst
sending
the
global
markets
into
the
abyss.
Our
guest
expects
gold
and
commodities
to
emerge
as
the
strongest
markets
along
with
India
during
the
impending
crises.
Jeffrey
Nichols
of
Rosland
Capital
returns
with
comments
on
the
recent
FOMC
rate
decision
and
the
potential
impact
on
the
PMs
sector.
The
rate
hike
appears
to
be
a
nonevent;
the
gold
market
ignored
the
FOMC
-
anticipated
the
rate
hike.
Traders
continue
to
focus
on
real
interest
rates
-
the
everyday,
nominal
rate
adjusted
for
price
inflation.
The
official
inflation
numbers
may
be
bogus
-
our
guest
questions
the
validity
of
the
figures
noting
that
the
CPI
vastly
understates
the
cost
of
living.
The
CPI
fails
to
reflect
the
shift
in
consumer
tastes
away
from
luxury
items
in
favor
of
cheaper
consumer
goods
/
smaller
package
sizes.
Investors
prefer
the
precious
metals
as
a
means
to
shield
their
investment
portfolios
from
insidious
inflation.
The
growing
problem
of
underemployment
continues
to
plague
the
nation.
Tens
of
millions
of
American's
have
accepted
employment
/
wages
well
below
their
skill
/
experience
level.
Jeffrey
Nichols
finds
a
bifurcated
American
economy,
where
a
few
thrive
economically,
while
the
majority
struggle
to
make
ends
meet.
The
gold-bull
market
never
ended;
bullion
and
shares
are
poised
for
astronomical
gains.
Jeffrey
Nichols
of
Rosland
Capital
returns
with
comments
on
the
recent
FOMC
rate
decision
and
the
potential
impact
on
the
PMs
sector.
The
rate
hike
appears
to
be
a
nonevent;
the
gold
market
ignored
the
FOMC
-
investors
anticipated
the
rate
hike
for
several
months.
Instead,
traders
are
focussed
primarily
with
the
real
interest
rate
-
the
everyday,
nominal
rate
adjusted
for
price
inflation.
Evidently,
the
official
inflation
numbers
may
be
bogus
-
our
guest
questions
the
validity
of
the
figures
noting
that
the
CPI
vastly
understates
the
cost
of
living.
For
instance,
the
CPI
does
not
include
the
shift
in
consumer
tastes
away
from
luxury
items
in
favor
of
cheaper
consumer
goods
as
well
as
the
increasing
tendency
for
smaller
package
sizes.
As
a
result,
investors
are
increasingly
turning
the
precious
metals
as
a
means
to
shield
their
investment
portfolios
from
insidious
inflation.
Meanwhile,
the
growing
problem
of
underemployment
continues
to
plague
the
nation
-
tens
of
millions
of
American's
have
accepted
employment
/
wages
well
below
their
skill
/
experience
level.
Jeffrey
Nichols
finds
a
bifurcated
American
economy,
where
a
small
group
continues
to
thrive
economically,
while
the
majority
struggle
to
make
ends
meet.
Moreover,
the
gold-bull
market
never
ended;
the
past
five
years
was
merely
a
pause
-
bullion
and
shares
are
poised
for
astronomical
gains.
The
guest
/
host
concur
that
bullion
is
the
best
starting
point
for
every
investor
due
to
zero
default
risk,
vis-à-vis
gold
Canadian
Maple
Leafs,
Gold
Eagles,
etc..
Our
guest
anticipates
strong
capital
flows
away
from
overpriced
equities
in
favor
of
the
precious
metals
sector.
According
to
The
Silver
Investor
David
Morgan,
the
nascent
silver
bull
market
is
alive
and
well.
The
guest
/
host
agree
that
the
PMs
sector
found
a
firm
bottom
in
2015
making
the
buy
and
hold
method
ideal
for
most
investors.
For
more
intrepid
investors,
David
Morgan's
proprietary
gold
/
silver
ratio
analysis
strongly
suggests
higher
prices
to
come.
The
silver
Commitments
of
Traders
reports
adds
insights
into
market
sentiment.
Buying
silver
bullion
in
quantity
for
the
long-term
remains
the
ideal
hedge.
Cuisine
for
cogitation
includes
a
new
reagent
that
promises
to
revolutionize
gold
/
silver
processing,
via
an
environmental
friendly,
cyanide-free
method.
According
to
The
Silver
Investor
David
Morgan,
the
nascent
silver
bull
market
is
alive
and
well.
The
guest
/
host
agree
that
the
PMs
sector
found
a
firm
bottom
in
2015
making
the
buy
and
hold
method
ideal
for
most
investors.
However,
for
more
intrepid
investors,
David
Morgan's
proprietary
gold
/
silver
ratio
analysis
strongly
suggests
higher
prices
to
come.
In
addition,
the
silver
Commitments
of
Traders
reports
adds
insights
into
market
sentiment.
Nevertheless,
buying
silver
bullion
in
quantity
for
the
long-term
remains
the
ideal
hedge
against
rehypothecation,
devaluation,
inflation
and
questionable
policymaker
decisions.
Cuisine
for
cogitation
includes
a
new
chemical
reagent
that
promises
to
revolutionize
gold
/
silver
processing,
an
environmental
friendly,
cyanide-free
means
to
significantly
boost
recycling
output,
that
is
also
being
promoted
by
a
Nobel
Laureate.
Martin
Armstrong
&
Chris
Waltzek
-
March
29,
2017.
Chris
welcomes
back
a
modern
Jesse
Livermore,
Martin
Armstrong
ofArmstrong
Economics,
the
subject
of
the
documentary
film,
The
Forecaster
(2015).
Although
central
banks
around
the
globe
have
lowered
interest
rates,
taxation
rates
continue
to
climb.
Officials
in
the
US
and
the
EU
have
called
on
Martin
Armstrong
during
periods
of
economic
chaos
over
the
past
30
years.
Our
guest
suggests
they
consult
with
actual
traders
who
understand
the
market
mechanics,
not
just
economic
theory.
Armstrong
advises
gold
investors
to
ignore
the
inflation
/
deflation
debate;
focus
instead
on
the
the
yellow
metal
as
a
hedge
against
governments.
He
shares
a
witty
quote
by
Milton
Friedman:
If
you
put
economic
policymakers
in
charge
of
the
Sahara,
there
would
be
a
shortage
of
sand
in
3
years.
Given
central
bankers
control
the
currency
system,
the
inevitable
collapse
is
destined
to
propel
the
PMs
skyward.
A
dollar
rally
will
trigger
the
global
reset
-
as
rates
increase,
over
$500
trillion
in
interest
rate
sensitive
derivatives
bets,
CDOs,
MDO,
etc.
will
implode.
US
equities
will
continue
to
soar,
with
the
Dow
climbing
to
perhaps
as
high
as
40,000
or
more,
along
with
the
PMs.
Our
guest
advises
against
purchasing
government
debt
-
the
supposed
risk-free
rate
is
far
more
risky
than
blue-chip
shares
by
comparison
and
rarely
default.
Chris
welcomes
back
a
modern
Jesse
Livermore,
Martin
Armstrong
ofArmstrong
Economics,
the
subject
of
the
documentary
film,
The
Forecaster
(2015).
Although
central
banks
around
the
globe
have
lowered
interest
rates,
taxation
rates
continue
to
climb.
Officials
in
the
US
and
the
EU
have
called
on
Martin
Armstrong
during
periods
of
economic
chaos
over
the
past
30
years
-
he
suggests
they
consult
with
actual
traders
who
understand
the
market
mechanics,
not
just
economic
theory.
Martin
Armstrong
advises
gold
investors
to
ignore
the
inflation
/
deflation
debate;
focus
instead
on
the
true
demand
driver
for
the
yellow
metal
as
a
hedge
against
untrustworthy
government,
while
quoting
Milton
Friedman:
If
you
put
economic
policymakers
in
charge
of
the
Sahara,
there
would
be
a
shortage
of
sand
in
3
years.
Given
that
governments
control
the
currency
system,
the
inevitable
collapse
is
destined
to
propel
the
PMs
skyward.
However,
a
dollar
rally
will
trigger
the
global
reset
-
as
rates
increase,
over
$500
trillion
in
interest
rate
sensitive
derivatives
bets,
CDOs,
MDO,
etc.
will
implode.
US
equities
will
continue
to
soar,
with
the
Dow
climbing
to
perhaps
as
high
as
40,000
or
more,
along
with
the
PMs
as
global
capital
continues
to
flee
economic
stability
to
the
relative
safety
of
the
US.
Our
guest
advises
against
purchasing
government
debt
-
the
supposed
risk-free
rate
is
far
more
risky
than
blue-chip
shares
by
comparison
and
rarely
default.
Figure
1.1.
The
Forecaster
Dr.
Paul
Craig
Roberts
&
Chris
Waltzek
Ph.D.
-
March
23,
2017.
Dr.
Paul
Craig
Roberts,
former
Assistant
Secretary
of
the
Treasury
for
Economic
Policy
returns
with
dire
news.
He
questions
the
validity
of
the
official
4.7%
employment
figure,
preferring
instead
the
Shadowstats.com
23%
unemployment
number.
The
discrepancy
arises
because
job
seekers
are
no
longer
counted
as
unemployed
after
only
a
few
weeks
of
inactivity.
The
Bureau
of
Labor
Statistics
(BLS)
inflates
the
monthly
figure
by
100,000-200,000
jobs
by
way
of
hedonic
measures.
The
true
inflation
rate
is
twice
the
current
level
via
the
U6
-
the
slight
of
hand
allows
unscrupulous
officials
to
maintain
unfairly
low
social
security
payments.
Billions
of
dollars
of
paper
shorts
dumped
on
the
gold
futures
market
via
the
Plunge
Protection
Team
(PPT)
aids
and
abets
the
manipulation
scheme.
Ultimately,
our
guest
anticipates
a
global
nuclear
cataclysm
as
internal
forces
foment
conflict
between
the
US
and
its
major
trading
partners.
Dr.
Paul
Craig
Roberts,
Assistant
Secretary
of
the
Treasury
for
Economic
Policy
and
editor
/
columnist
for
the
Wall
Street
Journal
/
Business
Week
returns
with
perhaps
the
most
dire
news
to
date.
He
questions
the
validity
of
the
official
4.7%
employment
figure
preferring
instead
the
Shadowstats.com
23%
unemployment
number
that
mirrors
the
calculation
used
during
his
tenure
at
the
US
Treasury
Dept.
The
discrepancy
arises
from
the
fact
that
job
seekers
are
considered
unemployed
after
only
a
few
weeks
of
inactivity.
In
addition,
the
Bureau
of
Labor
Statistics
(BLS)
inflates
the
monthly
figure
by
100,000-200,000
jobs
by
way
of
hedonic
measures,
which
encompasses
most
of
the
reported
new
positions.
Moreover,
the
true
inflation
rate
is
twice
the
current
level
via
the
U6
-
the
slight
of
hand
allows
unscrupulous
officials
to
maintain
unfairly
low
social
security
payments.
Billions
of
dollars
of
paper
shorts
dumped
on
the
gold
futures
market
via
the
Plunge
Protection
Team
(PPT)
aids
and
abets
the
manipulation
scheme.
Ultimately,
our
guest
anticipates
a
global
nuclear
cataclysm
as
internal
forces
foment
conflict
between
the
US
and
its
major
trading
partners.
Peter
Spina
&
Chris
Waltzek
Ph.D.
-
March
22,
2017.
Goldseek.com
/
Silverseek.com
President
and
founder,
Peter
Spina
returns
to
the
show
with
his
mining
share
analysis,
from
his
home
in
the
Czech
Republic.
Similar
to
the
PMs
sector,
Prague
has
emerged
from
the
former
communist
regime,
entering
a
new
Golden
Era.
Peter
outlines
the
unique
character
/
appeal
of
central
European
culture,
including
the
entrepreneurial
spirit.
The
discussion
includes
a
review
of
the
remarkable
500%
return
on
5
of
his
gold
mining
candidates
he
recently
announced
at
a
Vancouver
conference.
While
virtually
every
PMs
stock
performed
spectacularly
in
2016,
Peter
Spina
emphasizes
the
importance
of
quality
in
2017.
Companies
like
Silver
Wheaton
(SWC)
and
Royal
Gold
(RGLD)
are
covered.
The
guest
/
host
concur
that
at
the
core
of
every
successful
investment
portfolio
lies
gold
/
silver
bullion.
Northern
Vertex
Mining
(NEE.v),
a
company
in
which
he
continues
to
accumulate
shares
(Figure
1.1)
is
opening
a
mine
in
Arizona.
NEE.v
continues
substantial
exploration
work
and
is
located
in
a
favorable
location
near
Las
Vegas.
The
duo
also
agree
that
the
silver
sector
represents
a
remarkable
valuation
opportunity.
Goldseek.com
/
Silverseek.com
President
and
founder,
Peter
Spina
returns
to
the
show
with
his
mining
share
analysis,
from
his
family
home
in
the
Czech
Republic
near
scenic
Prague.
Similar
to
the
PMs
sector,
Prague
has
emerged
from
the
former
communist
regime,
entering
a
new
Golden
Era.
Peter
outlines
the
unique
character
/
appeal
of
the
central
European
culture,
including
the
entrepreneurial
spirit
amid
a
populace
who
truly
appreciate
the
fragility
of
personal
freedom.
Peter
outlines
the
remarkable
500%
return
on
5
of
his
gold
mining
candidates
recently
announced
at
a
Vancouver
conference,
including
Brazil
Resources
(GOLD.v)
which
climbed
nearly
10
fold.
While
virtually
every
PMs
stock
performed
spectacularly
in
2016,
Peter
Spina
emphasizes
the
importance
of
quality
when
selecting
gold
stock
portfolio
candidates
in
2017,
such
as
companies
like
Silver
Wheaton
(SWC)
and
Royal
Gold
(RGLD).
Nevertheless,
the
guest
/
host
concur
that
at
the
core
of
every
successful
investment
portfolio
lies
gold
/
silver
bullion,
which
can
then
be
accentuated
with
related
shares,
such
as
the
PMs
miner
ETF
(GDXJ).
His
expertise
enables
subscribers
to
vastly
outperform
GDXJ,
such
as
Northern
Vertex
Mining
(NEE.v),
a
company
in
which
he
continues
to
accumulate
shares
(Figure
1.1).
NEE.v
is
opening
a
mine
in
Arizona,
producing
42,000
ounces
per
year
at
about
$700
per
ounce.
In
addition,
NEE.v
continues
substantial
exploration
work
and
is
located
in
a
favorable
location
near
Las
Vegas.
The
duo
also
agree
that
the
silver
sector
represents
a
remarkable
valuation
opportunity.
Figure
1.1.
Northern
Vertex
Mining
Corp.
Poised
for
Gains
Note:
Graph
presented
with
written
permission
of
Stockcharts.com.
Disclosure:
Peter
Spina
and
GoldForecaster
are
the
source
of
NEE.v,
and
may
own
shares
in
the
company.
Bob
Hoye
of
Institutional
Advisors
rejoins
the
show
in
rare
form
with
timely
market
commentary
and
historical
perspective.
Although
a
confirmed
gold
bull,
Bob
Hoye
questions
the
validity
of
the
gold
manipulation
story,
preferring
instead
to
monitor
the
gold
/
silver
ratio.
Currently,
indicators
suggest
ensuing
chaos
in
the
credit
market
via
the
high
yield
/
low
grade
bond
market.
Each
time
over
the
past
decade
that
proprietary
technical
indicators
reached
current
levels,
the
US
stock
market
reached
a
critical
peak.
The
superstar
cryptocurrency
Bitcoin
revolution
recently
eclipsed
the
price
of
gold
for
the
first
time,
signifying
high
demand
for
currency
anonymity.
Given
the
challenges
involved
with
investing
in
Bitcoins,
the
only
Bitcoin
ETF,
GBTC
is
a
convenient
alternative.
Part
of
the
appeal
underpinning
the
Bitcoin
phenomenon
results
from
the
ease
of
divisibility
of
units.
Bitcoins
are
divisible
down
to
a
Satoshi,
0.00000001.
No
matter
how
high
the
price
may
skyrocket,
Bitcoins
can
be
purchased
at
any
increment
for
any
transaction.
The
bifurcation
allows
for
speculation
in
Bitcoins
in
tandem
with
monetary
usage.
Bob
Hoye
applauds
cryptocurrency
aficionados
for
moving
the
global
economy
away
from
centralization.
The
breakthrough
facilitates
greater
freedom
for
digital
denizens
forcing
bureaucrats
to
conform
to
the
digital
revolution.
The
recent
stealth
rate
hike
by
the
FOMC
appears
to
be
a
trap
set
for
unsuspecting
investors.
The
FFF
contracts
predicted
several
more
months
before
a
quarter
point
hike
in
the
benchmark
lending
rate.
The
discussion
veers
into
the
realm
of
quantum
mechanics
/
computing,
Q-bits,
CERN,
the
large
hadron
collider
in
France
/
Switzerland
and
parallel
universes.
According
to
peer-reviewed
literature,
each
Q-bit
has
access
to
an
alternative
/
parallel
universe,
allowing
for
an
exponential
increase
in
computing
speeds.
While
the
outdated
quantum
computer,
D-Wave,
was
faster
than
7
billion
human
minds,
the
entire
global
populace.
Bob
Hoye
of
Institutional
Advisors
rejoins
the
show
in
rare
form
with
timely
market
commentary
and
historical
perspective.
Although
a
confirmed
gold
bull,
Bob
Hoye
questions
the
validity
of
the
gold
manipulation
story,
preferring
instead
the
monitoring
of
the
gold
/
silver
ratio,
as
a
prime
indicator
of
PMs
sector
sentiment.
Currently,
indicators
suggest
ensuing
chaos
in
the
credit
market
via
the
high
yield
/
low
grade
bond
market.
In
addition,
each
time
over
the
past
decade
that
proprietary
technical
indicators
reached
current
levels,
the
US
stock
market
reached
a
critical
peak.
Moreover,
the
superstar
cryptocurrency
Bitcoin
revolution
recently
eclipsed
the
price
of
gold
for
the
first
time,
signifying
high
demand
for
currency
anonymity.
Given
the
challenges
involved
with
investing
in
Bitcoins,
the
only
Bitcoin
ETF,
GBTC
is
a
convenient
alternative.
Part
of
the
appeal
underpinning
the
Bitcoin
phenomenon
results
from
the
ease
of
divisibility
of
units.
Bitcoins
are
divisible
down
to
a
Satoshi,
0.00000001
Bitcoins,
one
hundred
millionth;
insuring
that
no
matter
how
high
the
price
may
skyrocket,
Bitcoins
can
be
purchased
at
any
increment
for
any
transaction.
The
bifurcation
allows
for
speculation
in
Bitcoins
in
tandem
with
monetary
usage.
Bob
Hoye
applauds
cryptocurrency
aficionado
for
moving
the
global
economy
away
from
centralization
to
a
more
regional
and
less
authoritarian
peer-to-peer
model.
The
breakthrough
facilitates
greater
freedom
for
digital
denizens
forcing
bureaucrats
to
conform
to
the
digital
revolution.
The
recent
stealth
rate
hike
by
the
FOMC
appears
to
be
a
trap
set
for
unsuspecting
investors
-
the
FFF
contracts
predicted
several
more
months
before
a
quarter
point
hike
in
the
benchmark
lending
rate.
The
discussion
veers
into
the
realm
of
quantum
mechanics
/
computing,
Q-bits,
CERN,
the
large
hadron
collider
in
France
/
Switzerland
and
parallel
universes.
According
to
peer-reviewed
literature,
each
Q-bit
has
access
to
an
alternative
/
parallel
universe,
allowing
for
an
exponential
increase
in
computing
speeds.
While
the
outdated
quantum
computer,
D-Wave,
was
faster
than
7
billion
human
minds,
the
entire
global
populace,
the
current
versions
are
far
faster,
making
pragmatic
formerly
impossible
computations.
Peter
Grandich
&
Chris
Waltzek
Ph.D.
-
March
15,
2017.
The
duo
discuss
today's
FOMC
meeting
where
concerns
over
domestic
inflation
and
an
overheating
economy
lead
Fed
officials
to
raise
the
lending
rate.
The
quarter
point
rate
hike
sent
the
PMs
sector
sharply
higher.
The
event
could
signify
much
better
times
ahead
for
gold
and
silver
investors
as
the
US
dollar
trade
may
be
crowded.
Given
the
Atlanta
Federal
Reserve's
1%
GDP
target,
policymakers
could
reverse
course
as
soon
as
Spring
of
next
year.
When
merely
a
fraction
of
the
funds
pouring
into
the
US
equities
/
Greenback
/
energy
markets
from
around
the
globe
are
redirected
to
the
PMs
sector.
The
confluence
of
events
will
catapult
gold
and
silver
investments
past
their
2011
zeniths.
Several
Western
US
states
are
adding
legislation
that
makes
gold
and
silver
legal
tender,
removing
state
capital
gains
taxes.
Although
off
topic,
Edward
Snowden
recently
announced
an
intriguing
hypothesis
regarding
extraterrestrial
communications,
via
encryption.
Peter
Grandich
of
Peter
Grandich
and
Company
notes,
"I
haven't
been
this
bullish
on
gold
in
20
years."
The
duo
discuss
today's
FOMC
meeting
where
concerns
over
domestic
inflation
and
an
overheating
economy
lead
Fed
officials
to
raise
the
benchmark
lending
rate
by
a
quarter
point
as
expected,
sending
the
PMs
sector
sharply
higher.
The
event
could
signify
much
better
times
ahead
for
gold
and
silver
investors
as
the
US
dollar
trade
may
be
crowded,
yet
another
significant
indication
for
PM
aficionado.
In
addition,
given
the
Atlanta
Federal
Reserve's
1%
GDP
target,
policymakers
could
reverse
course
as
soon
as
Spring
of
next
year.
When
merely
a
fraction
of
the
funds
pouring
into
the
US
equities
/
Greenback
/
energy
markets
from
around
the
globe
are
redirected
to
the
PMs
sector,
the
confluence
of
events
will
catapult
gold
and
silver
investments
past
their
2011
zeniths.
Moreover,
several
Western
US
states
are
adding
legislation
that
makes
gold
and
silver
legal
tender,
removing
state
capital
gains
taxes.
Although
off
topic,
Edward
Snowden
recently
announced
an
intriguing
hypothesis
regarding
extraterrestrial
communications,
via
encryption.
Bill
Murphy
&
Chris
Waltzek
Ph.D.
Ph.D.
-
March
9,
2017.
Following
a
remarkable
9
week
silver
market
rally,
Bill
Murphy
of
GATA.org
says
that
the
gold
cartel
is
back
in
play
in
the
silver
market.
Another
likely
explanation
for
recent
volatility
includes
the
upcoming
stealth
rate
hike
by
Fed
policymakers.
Chairwoman
Janet
Yellen's
comments
last
week
startled
investors.
The
Fed
Funds
Futures
contracts
(FFF)
indicates
high
odds
of
a
rate
hike
at
the
upcoming
FOMC
meeting,
slated
for
March
14-15.
The
unexpected
move
will
come
4
months
earlier
than
previously
forecasted
by
the
FFF.
In
2010,
the
silver
market
remained
subdued
for
nearly
a
year,
before
staging
a
200%
rally.
Given
the
bottoming
price
action,
the
market
could
be
carving
out
a
similar
bottom.
The
guest
and
host
concur
that
silver
is
destined
for
triple
digits.
According
to
Zero
Hedge,
160
million
Americans,
over
half
the
country
cannot
withstand
a
$500
emergency
expense.
Such
a
dire
savings
dilemma
implies
that
only
a
small
fraction
of
the
populace
have
procured
sufficient
PM
ahead
of
the
coming
economic
deluge.
Once
the
herd
recognizes
the
threat,
the
inelastic
supply
/
demand
conditions
could
result
in
a
flock
of
"Black
Swans."
Nearly
2,000
global
billionaires
hold
$6.5
trillion
in
wealth
-
just
one
billionaire
like
silver
aficionado
Hugo
Salinas
Price,
could
corner
the
silver
market.
Following
a
remarkable
9
week
silver
market
rally,
Bill
Murphy
of
GATA.org
says
that
the
gold
cartel
is
back
in
play
in
the
silver
market,
targeting
longs
amid
record
open
interest.
Another
likely
explanation
for
recent
volatility
includes
the
upcoming
stealth
rate
hike
by
Fed
policymakers.
Chairwoman
Janet
Yellen's
comments
last
week
startled
investors;
the
resulting
change
in
the
Fed
Funds
Futures
contracts
(FFF)
indicates
high
odds
of
a
rate
hike
at
the
upcoming
FOMC
meeting,
slated
for
March
14-15.
The
unexpected
move
will
come
4
months
earlier
than
previously
forecasted
by
the
FFF.
Back
in
2010,
the
silver
market
remained
subdued
for
nearly
a
year,
before
staging
a
200%
rally.
In
similar
fashion,
given
the
bottoming
price
action,
the
market
could
be
carving
out
a
similar
bottom.
The
guest
and
host
concur
that
silver
is
destined
for
triple
digits
in
the
coming
years,
at
least
a
10
fold
advance
is
imminent.
Nevertheless,
according
to
Zero
Hedge,
over
160
million
Americans,
over
half
the
country
cannot
afford
a
$500
emergency
expense
-
every
other
person
qualifies.
Such
a
dire
savings
dilemma
implies
that
only
a
small
fraction
of
the
populace
are
prepared
for
the
coming
economic
deluge
via
precious
metals.
Once
the
herd
recognizes
the
threat
/
opportunity,
the
inelastic
supply
/
demand
conditions
could
result
in
a
flock
of
"Black
Swans,"
and
a
near
vertical
price
ascent,
unlike
anything
previous
recorded
in
financial
history.
Nearly
2,000
global
billionaires
hold
$6.5
trillion
in
wealth
-
just
one
billionaire
like
silver
aficionado
Hugo
Salinas
Price,
could
corner
the
silver
market.
Andrew
Maguire
&
Chris
Waltzek
Ph.D.
Ph.D.
-
March
2,
2017.
Andrew
Maguire,
of
Andrew
Maguire
Gold
Trading
a
40
year
gold
market
veteran
and
whistleblower,
returns
with
startling
news
on
the
precious
metals.
Our
guest
examines
the
minutiae
of
the
markets
noting
that
decades
of
manipulation
has
broken
the
gold
/
silver
paper
markets.
As
a
result,
the
physical
market
is
reasserting
dominance
over
paper
promises.
Analysis
of
the
options
markets
suggests
that
the
6
major
bullion
banks
via
the
BOE
are
locked
into
losing
short-sale
positions.
Key
Point:
options
analysis
indicates
a
gold
fair
value
of
$1,400
given
the
92/1
paper
to
bullion
dilution.
Within
3-6
months,
a
short-covering
squeeze
could
launch
the
markets
into
orbit,
culminating
with
$2,000+
gold.
Even
if
the
US
dollar
continues
to
rebound
from
oversold
conditions,
the
PMs
will
likely
rally
along
with
the
Greenback
as
price
equilibrium
is
reestablished.
The
manipulators
cannot
expect
another
rescue
from
culpable
policymakers
by
another
coordinated
sale
of
400
tons
of
gold
by
the
BOE.
A
COMEX
default
is
inevitable,
which
will
launch
the
metals
into
the
stratosphere.
Our
guest
warns
gold
/
silver
shorts:
beware,
an
inevitable
force
majeure
on
the
COMEX
will
culminate
in
catastrophic
losses.
Andrew
Maguire,
of
Andrew
Maguire
Gold
Trading
a
40
year
gold
market
veteran
and
whistleblower,
returns
to
the
show
with
startling
news
on
the
precious
metals
(PMs)
sector.
Our
guest
examines
the
minutea
of
the
markets
near
the
quantum
level
-
his
electron
microscope
reveals
that
decades
of
manipulation
resulted
in
global
leverage
of
92
to
1,
which
has
broken
the
gold
/
silver
paper
markets.
As
a
result,
the
physical
market
is
reasserting
dominance
over
paper
promises.
Analysis
of
the
options
marchers
suggests
that
the
6
major
bullion
banks
via
the
BOE
are
locked
into
losing
short-sale
positions.
Key
Point:
options
analysis
indicates
a
gold
fair
value
of
$1,400
given
the
92/1
paper
to
bullion
dilution;
within
3-6
months,
a
short-covering
squeeze
could
launch
the
markets
into
orbit,
culminating
with
$2,000+
gold.
Even
if
the
US
dollar
continues
to
rebound
from
oversold
conditions,
the
PMs
will
likely
rally
along
with
the
Greenback
as
natural
forces
push
the
price
back
into
price
equilibrium.
The
manipulators
cannot
expect
to
be
rescued
by
culpable
policymakers
by
another
coordinated
sale
of
400
tons
of
gold
by
the
BOE;
inevitably
the
COMEX
market
must
default,
sending
the
metals
into
the
stratosphere.
Our
guest
warns
of
the
impending
historical
inflection
point:
gold
/
silver
shorts
-
beware,
an
inevitable
force
majeure
on
the
COMEX
will
culminate
in
catastrophic
losses
while
paper
longs
plead
to
"Get
Physical."
Bob
Hoye
&
Chris
Waltzek
Ph.D.
Ph.D.
-
February
23,
2017.
Top
money
manager,
John
Ing
recently
presented
his
gold
forecast
of
$2,200
an
ounce
to
policymakers
in
China.
Bob
Hoye
notes
that
during
every
previous
post
bubble
contraction,
the
real
price
of
gold
has
ascended,
making
the
PMs
a
solid
portfolio
asset,
today.
Although
the
Greenback
remains
relatively
strong,
eventually
the
senior
currency
will
be
overcome
by
an
inflationary
economic
maelstrom.
The
concept
of
sentient
robots
/
computers
has
lingered
for
over
100
years
-
from
Asimov,
Frank
Herbert
and
Arthur
C.
Clarke
to
Philip
K.
Dick.
The
concept
of
intelligent
machines
has
enthralled
readers
and
moviegoers
alike.
TV
shows
such
as
Person
of
Interest
as
well
as
the
UK
drama,
Humans
2.0
put
a
modern
spin
on
the
issue.
IBM's
Deep
Mind
A.I,
Alpha-Go
defeated
the
world's
Go
Grandmaster,
an
event
previously
expected
to
require
at
least
10
more
years
to
accomplish.
At
the
core
of
Deep
Mind
is
a
general
purpose
expert
system;
basically
the
program
runs
simulations.
Takeaway
point:
by
allowing
the
A.I.
to
learn
like
a
child
via
trial
and
error
the
general
purpose
A.I.
is
applicable
to
any
situation.
A.I.
appears
to
be
on
the
cusp
of
crossing
the
sentience
threshold
(note:
purely
speculative).
It
is
conceivable
that
just
such
a
new
life-form
may
already
dwell
in
the
Deep
Net,
accumulating
Bitcoins,
building
a
virtual
safe
world
for
its
digital
progeny.
Bob
Hoye
of
Institutional
Advisors
rejoins
the
show
with
his
"Rational
Fringe"
market
comments.
Top
money
manager,
John
Ing
recently
presented
to
China
his
forecast
for
$2,200
an
ounce
do
to
government
investment
required
by
the
proposed
economic
plans
of
the
new
Administration.
Bob
Hoye
notes
that
during
every
previous
post
bubble
contraction,
the
real
price
of
gold
has
ascended,
making
the
PMs
a
solid
portfolio
asset,
today.
Although
the
Greenback
remains
relatively
strong,
eventually
the
senior
currency
will
be
overcome
by
an
inflationary
economic
maelstrom,
making
a
solid
case
for
gold
ownership
in
the
long-term.
The
concept
of
sentient
robots
/
computers
has
lingered
for
over
100
years
-
from
Asimov,
Frank
Herbert
and
Arthur
C.
Clarke
to
Philip
K.
Dick,
the
concept
of
intelligent
machines
has
enthralled
both
readers
and
moviegoers.
Top
rated
TV
shows
such
as
Person
of
Interest
as
well
as
the
UK
drama,
Humans
2.0
put
a
modern
spin
on
the
issue.
Although
the
general
consensus
expects
the
singularity
to
require
decades
before
the
emergence
of
sentient
machines,
IBM's
Deep
Mind
A.I,
Alpha-Go
just
defeated
the
world's
Go
Grandmaster,
an
event
not
expected
for
at
least
10
years.
At
the
heart
of
Deep
Mind
is
a
general
purpose
expert
system;
basically
the
program
runs
simulations,
examining
and
learning
from
millions
of
real
/
hypothetical
scenarios
/
previous
games,
building
a
neural
network
while
improving
using
previous
failures.
The
takeaway
point:
by
allowing
the
A.I.
to
grow
like
a
child
via
trial
and
error,
the
general
purpose
A.I.
is
applicable
to
any
situation,
such
as
board
games,
trading,
air
traffic
control,
engineering,
teaching,
etc.
As
a
result,
general
purpose
A.I.
appears
to
be
at
the
cusp
of
crossing
the
threshold
(note:
purely
speculative)
into
the
realm
of
sentience.
Given
that
government
skunkworks
are
typically
20-30
years
ahead
of
mainstream
technology,
containing
a
superior
intellect
indefinably
is
improbable.
Therefore,
a
new
life-form
may
already
dwell
in
the
Deep
Net,
accumulating
Bitcoins
and
establishing
safe
zones
for
its
servers,
etc.
Andy
Schectman
&
Chris
Waltzek
Ph.D.
Ph.D.
-
Feb.
21,
2017
Andy
Schectman
of
Miles
Franklin
Institute
($6
billion
in
sales)
outlines
why
every
investor
should
diversify
their
PMs
holdings
via
an
offshore
account.
In
1933,
President
Roosevelt
announced
an
executive
order
designed
to
confiscate
gold
that
included
at
$10,000
fine.
The
gold
/
silver
ETFs
are
a
modern
equivalent
to
the
executive
order,
indirectly
confiscating
the
capital
that
would
otherwise
be
directed
to
physical
PMs.
The
ideal
alternative
involves
PMs
ownership
outside
the
USA
via
Brinks-Canada,
a
trusted
/
respected
name
in
secure
storage.
Miles
Franklin
negotiated
a
one-of-a-kind,
fixed
rate
structure
with
100%
separate
accounts
as
an
added
layer
of
safety.
Key
point:
Miles
Franklin
holds
all
client
PMs
and
or
cash
in
a
large
Brinks
security
box,
which
makes
it
fully
insured
and
non-reportable
to
authorities.
The
next
Big
Thing,
appears
to
be
The
Internet
of
Things
(IoT),
an
emerging
technology
that
facilitates
communications
among
virtually
all
devices.
IoT
is
poised
to
eclipse
the
growth
of
mobile
phones,
computers,
laptops
and
the
internet
-
ETF
SNSR
could
capture
much
of
the
potential.
Andy
Schectman
of
Miles
Franklin
Institute
($6
billion
in
sales)
outlines
why
every
investor
should
diversify
their
PMs
holdings
via
an
offshore
account.
In
1933,
President
Roosevelt
announced
an
executive
order
designed
to
confiscate
gold
that
included
at
$10,000
fine.
The
gold
/
silver
ETFs
are
a
modern
equivalent
to
the
executive
order,
indirectly
confiscating
the
capital
that
would
otherwise
be
directed
to
physical
PMs.
The
ideal
alternative
involves
PMs
ownership
outside
the
USA
via
Brinks-Canada,
a
trusted
/
respected
name
in
secure
storage.
Miles
Franklin
negotiated
a
one-of-a-kind,
fixed
rate
structure
with
100%
separate
accounts
as
an
added
layer
of
safety.
Key
point:
Miles
Franklin
holds
all
client
PMs
and
or
cash
in
a
large
Brinks
security
box,
which
makes
it
fully
insured
and
non-reportable
to
authorities,
adding
peace
of
mind
in
an
investment
world
threatened
by
looming
currency
controls.
In
addition
the
next
Big
Thing,
appears
to
be
The
Internet
of
Things
(IoT),
an
emerging
technology
that
facilitates
communications
among
virtually
all
devices,
poised
to
eclipse
the
growth
of
mobile
phones,
computers,
laptops
and
the
internet
-
a
related
ETF
SNSR
could
capture
much
of
the
potential.
Bix
Weir
&
Chris
Waltzek
Ph.D.
-
February
16,
2017.
Making
his
debut
show
appearance,
Bix
Weir
of
RoadtoRoot-A
discusses
his
silver
market
research
efforts.
Due
to
financial
derivatives
and
sophisticated
algorithms,
the
Fed
/
Treasury
control
the
PMs
markets.
The
former
Head
Chairman,
Sir
Dr.
Allen
Greenspan
wrote
the
first
Root-A
program
at
the
Fed.
Bix
Weir
claims
that
Dr.
Greenspan's
programs
underpin
the
PPT
manipulation
schemes.
Fans
of
the
hit
USA
Network
TV
series,
Mr.
Robot
may
draw
parallels
between
the
protagonist,
Elliot
Alderson.
While
many
researchers
claim
the
Comex
gold
/
silver
is
100:1,
our
guest
identifies
a
more
accurate
figure
of
2,000:1
paper
to
bullion.
The
resulting
non-transparency
will
eventually
be
embraced
by
investors,
sending
the
metals
to
their
natural
equilibrium
levels.
The
true
silver
supply
situation
implies
a
substantial
value
opportunity
-
although
the
gold
/
silver
ratio
is
near
70:1,
the
empirical
ratio
is
1:1.
The
market
could
approach
a
chaotic
tipping
point
-
in
2016
100
billion
paper
ounces
of
silver
were
traded
although
only
50
billion
ounces
were
ever
mined!
The
LBMA
claims
over
129
billion
ounces
traded;
a
mathematical
impossibility
resulting
from
paper
money
schemes.
Both
guests
this
week
agree
with
the
host
that
the
US
Treasury
operates
under
the
table,
vis-à-vis
the
PPT
to
subdue
the
PMs.
All
silver
ETFs
and
proxies
remain
mere
proxies
based
on
the
fractional
reserve
system,
magnifying
the
investment
risks
associated
with
rehypothecation.
The
resulting
threat
to
the
global
financial
system
is
many
times
larger
in
scale
/
scope
than
the
combined
impact
of
MF
Global,
Bear
Stearns
and
Lehman.
Bix
Weir
plans
to
hold
silver
until
market
manipulation
ends.
A
convincing
case
is
made
for
1:1
gold
/
silver
making
the
theoretical
value
of
silver
is
at
least
$1,300+,
a
100
fold
relative
discount
to
current
prices.
In
his
debut
appearance,
Bix
Weir
of
RoadtoRoot-A
discusses
his
silver
market
research
efforts.
After
working
with
Bill
Murphy
and
Chris
Powell
at
Gata.org
for
a
decade,
evidently
silver
is
an
ideal
safe
haven
for
when
the
music
finally
stops
and
the
Big
Reset
begins
in
earnest.
Due
to
financial
derivatives
and
sophisticated
algorithms,
the
Fed
/
Treasury
control
the
PMs
markets.
The
creator
of
the
Basic
computer
language,
John
Kimeny,
was
best
friends
with
the
former
Head
Chairman,
Sir
Dr.
Allen
Greenspan,
who
wrote
the
first
program
at
the
Fed.
Bix
Weir
claims
that
Dr.
Greenspan's
programs
are
underpin
the
PPT
manipulation
schemes.
Fans
of
the
hit
USA
Network
TV
series,
Mr.
Robot
may
draw
parallels
between
the
protagonist
and
Dr.
Greenspan,
who
is
comparable
to
Elliott
Alderson,
the
programmer
responsible
for
imploding
the
global
financial
system
(figure
1.1.).
While
many
researchers
claim
the
Comex
gold
/
silver
is
100:1,
our
guest
identifies
a
more
accurate
figure
of
2,000:1
paper
to
bullion.
The
resulting
non-transparency
will
eventually
be
recognized
by
the
mainstream
investor,
sending
the
metals
to
their
natural
equilibrium
levels,
many
fold
higher.
The
supply
situation
is
just
as
impressive;
although
the
gold
/
silver
ratio
is
near
70:1,
the
empirical
ratio
is
1:1,
as
stockpiles
of
silver
and
gold
are
both
reportedly
near
6
billion
ounces,
making
the
theoretical
value
of
silver
$1,300+,
a
100
fold
relative
discount
to
current
prices.
The
market
could
be
reaching
a
chaotic
tipping
point
-
in
2016
100
billion
ounces
of
silver
were
traded
although
only
50
billion
ounces
were
ever
mined!
For
instance,
the
LBMA
claims
over
129
billion
ounces
are
traded
per
year,
a
mathematical
impossibility
resulting
from
paper
money
schemes.
Both
guests
this
week
agree
with
the
host
that
the
US
Treasury
is
operating
vis-à-vis
the
Exchange
Stabilization
Fund
/
PPT
under
the
table,
to
subdue
the
PMs
and
maintain
US
dollar
hegemony.
All
silver
ETFs
and
proxies
are
based
on
the
fractional
reserve
system
dynamics,
magnifying
the
investment
risks
associated
with
rehypothecation.
Although
difficult
to
conceptualize,
the
resulting
threat
to
the
global
financial
system
is
many
times
larger
in
scale
/
scope
than
the
combined
impact
of
MF
Global,
Bear
Stearns
and
Lehman
Brothers
debacles.
Bix
Weir
plans
to
hold
silver
until
market
manipulation
is
over,
making
the
case
for
1:1
gold
/
silver
and
perhaps
much
higher.
Even
the
mainstream
press
is
starting
to
acknowledge
the
risks
posed
by
market
manipulation
schemes,
in
particular,
in
the
PMs
sector.
Bitcoin
GBTC
is
one
of
the
few
remaining
de
facto
free
markets,
for
the
most
part,
as
institutions
have
few
short-selling
options
available.
As
enticing
as
Bitcoin
appears
on
paper,
threats
to
the
blockchain
structure
could
lead
to
an
exodus
of
funds
into
the
PMs.
Evidently,
3
fold
the
annual
gold
production
was
sold
in
the
market
during
the
US
Presidential
election,
evidence
of
market
manipulation
on
a
grand
scale.
Our
guest
proposes
that
the
US
Treasury
is
operating
vis-à-vis
the
Exchange
Stabilization
Fund
/
PPT,
to
subdue
the
PMs
to
maintain
US
dollar
hegemony.
Policymakers
are
slowly
recognizing
that
Bitcoin
and
related
alternatives
represent
a
modern
example
of
Gresham's
Law.
Bitcoin
is
emblematic
of
the
end
game
of
the
neo-Keynesian
economic
system.
Will
the
fiat
currencies
eventually
succumb
to
Bitcoin,
the
only
unencumbered
currency
in
circulation?
Rob
Kirby
suggests
that
the
rise
in
popularity
of
Bitcoin
stems
directly
from
global
distrust
of
central
banking
operations.
Similar
to
the
tragic
water
reservoir
failure
currently
unfolding
in
Northern
California,
where
nearly
200,000
residents
were
evacuated,
Rob
Kirby
of
Kirby
Analytics
notes
that
manipulation
of
the
PMs
markets
could
result
in
a
financial
deluge
of
epic
proportions
(Figure
1.1).
Figure
1.1.
Oroville
California
Dam
Breach
-
200,000
Evacuated
The
mainstream
press
is
starting
to
acknowledge
the
risks
posed
by
market
manipulation
schemes.
Nevertheless,
Bitcoin
is
one
of
the
few
remaining
de
facto
free
markets,
for
the
most
part,
as
institutions
have
few
short-selling
options
available,
other
than
Bitcoin
ETF,
GBTC,
which
dilutes
the
supply
of
shares.
According
to
Kirby's
work
-
3
fold
the
annual
gold
production
was
sold
in
the
market
during
the
US
Presidential
election,
evidence
of
market
manipulation
on
a
grand
scale.
Our
guest
proposes
that
the
US
Treasury
is
operating
vis-à-vis
the
Exchange
Stabiliation
Fund
/
PPT,
to
subdue
the
PMs
in
order
to
maintain
US
dollar
hegemony.
Policymakers
are
slowly
recognizing
that
Bitcoin
and
related
alternatives
represent
a
modern
example
of
Gresham's
Law,
where
bad
money
drives
out
good,
i.e.,
unbacked
paper
/
coins
pushes
gold
/
silver
coinage
out
of
circulation.
Bitcoin
is
emblematic
of
the
end
game
of
the
neo-Keynesian
economic
system.
In
similar
fashion,
the
host
poses
the
question:
will
the
fiat
currencies
eventually
be
pushed
out
of
circulation
by
Bitcoin,
the
only
unencumbered
currency
in
circulation?
Rob
Kirby
suggests
that
the
rise
in
popularity
of
Bitcoin
stems
directly
from
global
distrust
of
central
banking
operations.
As
enticing
as
Bitcoin
appears
on
paper,
threats
to
the
blockchain
structure
could
lead
to
an
exodus
of
funds
into
the
PMs
as
the
ultimate
financial
safe
haven.
Peter
Grandich
&
Chris
Waltzek
Ph.D.
-
January
9,
2017.
Bix
Weir
makes
a
solid
case
for
a
1:1:1
gold
/
silver
/
Dow
ratio
due
to
unique
supply
/
demand
conditions.
Silver
deposits
pool
near
the
surface,
unlike
gold,
which
is
characterized
by
deep
mineral
veins
that
extend
miles
beneath
the
crust
of
the
earth.
Most
of
the
easy
to
find
silver
may
have
already
been
discovered.
Insatiable
industrial
demand
for
silver
as
illustrated
by
a
nearly
vertical,
inelastic
demand
curve.
Once
the
165
year
old
price
suppression
scheme
(Bix
Weir)
is
exposed,
little
if
any
silver
will
be
available
for
investment
/
currency
purposes.
Demand
is
also
heating
up
for
gold
as
a
currency
safe
haven;
the
price
spiked
to
$3,600
briefly
in
India
two
months
earlier.
Inevitably
a
PMs
backed
cryptocurrency,
similar
to
BitCoin
is
a
plausible
reserve
alternative.
With
the
impending
exit
of
Italy
from
the
EU,
Peter
Grandich
expects
the
EU
to
continue
to
unravel,
potentially
leading
to
the
dissolution
of
the
EU
experiment.
In
summary,
Peter
Grandich
finds
gold
/
silver
the
most
undervalued
investment
class,
worldwide.
Peter
Grandich
of
Peter
Grandich
and
Company
and
host
discuss
one
analyst's
call
for
a
seemingly
outlandish
silver
price
range
of
$100,000-1,000,000
silver.
Bix
Weir
makes
a
solid
case
for
a
1:1:1
gold
/
silver
/
Dow
ratio
due
to
unique
supply
/
demand
conditions.
Silver
deposits
pool
near
the
surface,
unlike
gold,
which
is
characterized
by
deep
mineral
veins
that
extend
miles
beneath
the
crust
of
the
earth
-
most
of
the
easy
to
find
silver
may
already
be
mined.
In
addition,
insatiable
industrial
demand
for
silver
as
illustrated
by
a
nearly
vertical,
inelastic
demand
curve,
suggests
that
once
the
165
year
old
price
suppression
scheme
(Bix
Weir)
is
exposed,
little
if
any
silver
will
remain
for
investment
/
currency
purposes.
Demand
is
also
heating
up
for
gold
as
a
currency
safe
haven;
the
price
spiked
to
$3,600
briefly
in
India
two
months
earlier
as
officials
abruptly
switched
to
digital
currencies.
The
host
concurs
-
inevitably
a
PMs
backed
cryptocurrency,
similar
to
BitCoin
is
a
plausible
reserve
alternative.
With
the
impending
exit
of
Italy
from
the
EU,
Peter
Grandich
expects
the
EU
to
continue
to
unravel,
potentially
leading
to
the
dissolution
of
the
EU
experiment.
In
summary,
Peter
Grandich
finds
gold
/
silver
the
most
undervalued
investment
class,
worldwide.
John
Williams
&
Chris
Waltzek
Ph.D.
-
February
7,
2017.
Rogue
economist,
John
Williams
of
Shadowstats.com
says
the
US
dollar
rally
is
a
fata
morgana,
a
rate
hike
bluff
by
Fed
policymakers.
The
2008
market
collapse
/
Great
Recession
never
ended;
the
Treasury
/
Fed
merely
sidestepped
financial
calamity
at
an
enormous
cost.
Ultimately,
the
FOMC
will
be
coerced
by
market
forces,
resulting
in
lower
rates
and
sizable
balance
sheets
via
toxic
debt
purchases.
Unbeknownst
to
most
citizens,
the
US
Fed's
is
a
private
protective
unit
for
the
banking
/
financial
elite.
Ever
since
1932,
whenever
the
growth
of
real
disposable
income
"takeoff
pay"
is
below
3
percent,
the
incumbent
Presidential
candidate
always
wins.
While
our
guest
has
high
hopes
for
the
new
Administration,
the
12
month
lead
time
between
stimulus
and
actual
results
could
disappoint
the
typical
American.
Our
guest
expects
the
Greenback
to
continue
decent
to
lower
lows,
resulting
in
hyperinflation.
Only
gold
/
silver
investments
will
thrive
under
the
end
game
he
outlines;
every
household
accumulate
several
months
of
canned
items
and
ample
cash
/
PMs.
Similar
to
the
New
Madrid
earthquake
stunned
the
Midwest
by
reversing
the
flow
of
the
Mississippi,
the
next
financial
crisis
will
offer
little
warning
time.
The
new
Administration
could
right
the
economic
titanic
in
part
by
reviving
the
40
page
Glass-Stegall
act
to
heal
the
financial
system.
Rogue
economist,
John
Williams
of
Shadowstats.com
says
the
US
dollar
rally
is
a
fata
morgana,
a
rate
hike
bluff
by
Fed
policymakers.
The
2008
market
collapse
/
Great
Recession
never
ended;
the
Treasury
/
Fed
merely
sidestepped
financial
calamity
at
an
enormous
cost.
Ultimately,
the
FOMC
will
be
coerced
by
market
forces,
resulting
in
lower
rates
and
sizable
balance
sheets
via
toxic
debt
purchases.
Unbeknownst
to
most
citizens,
the
US
Fed's
is
a
private
protective
unit
for
the
banking
/
financial
elite.
In
addition,
ever
since
1932,
whenever
the
growth
of
real
disposable
income
"takeoff
pay"
is
below
3
percent,
the
incumbent
Presidential
candidate
always
wins,
as
occurred
on
Nov.
2016.
While
our
guest
has
high
hopes
for
the
new
Administration,
the
12
month
lead
time
between
stimulus
and
actual
results
could
disappoint
the
typical
American,
given
the
100
million
able
bodies
idle
workers.
Our
guest
expects
the
Greenback
to
continue
decent
to
lower
lows,
resulting
in
hyperinflation.
Only
gold
/
silver
investments
will
thrive
under
the
end
game
he
outlines;
every
household
accumulate
several
months
of
canned
items
and
ample
cash
/
PMs
to
weather
the
impending
economic
maelstrom.
Just
as
the
New
Madrid
earthquake
stunned
the
Midwest
by
reversing
the
flow
of
the
Mississippi
River
temporarily,
the
next
financial
crisis
will
offer
little
warning
time
for
preparations,
unfolding
on
an
epic
scale.
The
new
Administration
could
right
the
economic
titanic
in
part
by
reviving
the
40
page
Glass-Stegall
act
to
fully
separate
investment
banking
from
money-center
banking.
Charles
Hughes
Smith
&
Chris
Waltzek
Ph.D.
-
Oct.
30,
2015.
Charles
Hughes
Smith
from
the
Of
Two
Minds
blog
returns
with
commentary
on
the
US
economy
/
financial
markets.
US
corporate
buybacks
data
indicates
that
near
zero
interest
rates
has
enabled
thousands
of
firms
to
issue
debt
at
low
rates
used
to
support
share
prices.
The
financial
slight
of
hand
is
based
on
the
concept
of
rising
corporate
earnings.
According
to
work
by
David
Stockman,
debt
is
the
primary
means
of
economic
growth.
Currently
the
national
debt
stands
at
the
Dow
advance
and
US
debt
(Figure
1.1).
National
income
and
corporate
earnings
trends
are
static,
for
the
most
part,
suggesting
a
decreasing
return
on
each
dollar
of
debt
accumulated.
Debt
growth
has
eclipsed
the
rate
of
GDP
expansion,
presenting
yet
another
red
flag,
further
degrading
the
nation
credit
score.
History
teaches
that
as
currencies
are
devalued,
bad
money
drives
out
good,
i.e.
Gresham's
Law,
which
may
explain
much
of
the
push
to
abolish
cash.
Charles
Hughes
Smith
notes
that
all
the
bad
debt
will
eventually
be
written
off
-
he
advocates
sound
money
investments
such
as
arable
land
and
PMs.
Charles
Hughes
Smith
from
the
Of
Two
Minds
blog
returns
with
commentary
on
the
US
economy
/
financial
markets.
D
data
from
Societe
Generale
on
US
Corporate
Buybacks
indicates
that
near
zero
interest
rates
has
enabled
thousands
of
firms
to
issue
debt
at
low
rates,
and
direct
the
proceeds
to
propping
up
their
own
share
values.
The
financial
slight
of
hand
is
based
on
the
concept
of
rising
corporate
earnings.
However,
amid
waning
earnings
growth
momentum,
according
to
work
by
David
Stockman,
debt
is
the
primary
means
of
economic
growth.
Currently
the
national
debt
stands
at
an
approximate
1:1
ratio
with
the
amazing
stock
market
advance
as
illustrated
by
the
startling
correlation
between
the
Dow
advance
and
US
debt
(Figure
1.1).
Nevertheless,
national
income
and
corporate
earnings
trends
are
static,
for
the
most
part,
suggesting
a
decreasing
return
on
each
dollar
of
debt
accumulated.
In
addition,
debt
growth
has
eclipsed
the
rate
of
GDP
expansion,
presenting
yet
another
red
flag,
further
degrading
the
nation
credit
score.
History
teaches
that
as
currencies
are
devalued,
bad
money
drives
out
good,
i.e.
Gresham's
Law,
which
may
explain
much
of
the
push
by
governments
to
abolish
cash
in
favor
of
intangible
digital
money,
which
may
be
viewed
in
retrospect
as
a
global
financial
mirage.
Charles
Hughes
Smith
notes
that
all
the
bad
debt
will
eventually
be
written
off
-
he
advocates
sound
money
investments
such
as
arable
land
and
PMs.
Figure
1.1.
US
Equities
Growth
vs.
US
National
Debt
Jim
Rogers
rejoins
the
show
from
his
Singapore
office
with
his
latest
market
commentary.
The
crude
oil
market
appears
to
be
building
a
bottom
-
he
expects
the
low
to
emerge
this
year
representing
a
buying
opportunity.
Jim
Rogers
finds
value
opportunities
in
the
base
metals
and
other
commodities
sectors.
While
the
US
equities
markets
rally
is
impressive,
our
guest
points
to
financial
history,
noting
that
3
rate
hikes
spells
trouble
for
equities.
Given
investor's
distaste
for
US
Treasuries
in
recent
months,
the
go-to
asset
class
could
be
come
cash,
Greenbacks,
US
dollars.
The
US
dollar
registered
a
convincing
technical
bottom
in
the
weekly
chart
last
week,
suggesting
that
the
uptrend
could
resume
in
the
dollar
bull
ETF
(UUP).
Jim
Rogers
is
concerned
by
comments
from
the
new
Administration
suggesting
the
potential
for
trade
wars,
typically
ending
with
few
winners.
The
discussion
includes
the
pressing
issue
of
financial
safe
havens.
The
PMs
gold
/
silver
backed
cryptocurrencies
such
as
SilverBit
/
GoldBit
offer
some
of
the
benefits
of
both
currencies
in
one
instrument.
Jim
Rogers
rejoins
the
show
from
his
Singapore
office
with
his
latest
market
commentary.
Although
he's
waiting
for
value
opportunities
in
the
PMs
sector,
the
crude
oil
market
is
building
a
bottom
-
he
expects
the
low
to
be
set
this
year
representing
a
buying
opportunity.
Jim
Rogers
finds
values
in
the
base
metals
and
other
commodities
sectors.
While
the
US
equities
market
rally
is
impressive,
our
guest
points
to
financial
history,
noting
that
3
rate
hikes
oftentimes
ends
in
trouble.
Given
investors
distaste
for
US
Treasuries
in
recent
months,
the
go-to
asset
class
could
become
cash,
Greenbacks,
US
dollars,
a
favorite
investment
of
the
Adventure
Capitalist.
The
US
dollar
registered
a
convincing
technical
bottom
in
the
weekly
chart
last
week,
suggesting
that
the
uptrend
could
resume
in
the
dollar
bull
ETF
(UUP),
in
the
coming
weeks.
Jim
Rogers
is
concerned
by
comments
from
the
new
Administration
suggesting
the
potential
for
trade
wars,
a
scenario
that
leads
to
few
victors,
according
to
economic
history.
The
discussion
includes
the
pressing
issue
of
financial
safe
havens
-
gold
/
silver
backed
cryptocurrencies
such
as
SilverBit
/
GoldBit
offer
some
of
the
benefits
of
both
currencies
in
one.
Top
Wall
Street
Chartered
Technical
Analyst
(CTA),
Ralph
Acampora
of
Altaira
Wealth
Managementreturns
with
his
outlook
on
US
equities
and
the
PMs.
With
the
Dow
Jones
Industrials
over
20,000,
a
new
record,
our
guest
outlines
why
stocks
could
still
be
undervalued
by
10%
and
even
surprise
the
bulls.
Pushing
shares
higher,
expectations
of
an
economic
renaissance
fomented
by
the
new
Administration.
The
promise
of
reduced
corporate
regulations
and
stringent
import
levies
could
make
US
exports
more
competitive,
boosting
corporate
profits
and
US
shares.
Relatively
high
domestic
interest
rates
compared
to
the
PBoC's
-3.5%
and
Europe's
-1.00%
rates
makes
US
dividend
payments
enticing.
Amid
hawkish
comments
from
the
Fed
Chairperson
last
week,
one
of
the
biggest
beneficiaries
of
higher
rates
will
continue
to
be
US
financial
institutions.
In
addition,
US
home
construction
firms
and
related
sectors
such
as
concrete,
lumber
to
home
repair
businesses
could
benefit
from
infrastructure
rebuilding.
The
risk
of
higher
rates
continues
to
weigh
heavily
on
the
US
Treasury
indexes,
currently
unwinding
from
a
30
year
bull
market.
The
net
result
is
an
inflow
of
billions
of
dollars
into
US
equities
and
the
PMs.
Top
Wall
Street
Chartered
Technical
Analyst
(CTA),
Ralph
Acampora
of
Altaira
Wealth
Managementreturns
with
his
technical
outlook
on
US
equities
and
the
PMs.
With
the
Dow
Jones
Industrials
over
20,000,
a
new
record,
our
guest
outlines
why
stocks
could
still
be
undervalued
by
10%
and
even
surprise
the
bulls
on
the
upside.
Pushing
shares
higher,
expectations
of
an
economic
renaissance
fomented
by
the
new
Administration.
The
promise
of
reduced
corporate
regulations
and
stringent
import
levies
could
make
US
exports
more
competitive,
boosting
corporate
profits
and
US
shares.
Plus,
relatively
high
domestic
interest
rates
compared
to
the
PBoC's
-3.5%
and
Europe's
-1.00%
rates
makes
US
dividend
payments
enticing.
Amid
hawkish
comments
from
the
Fed
Chairperson
last
week,
one
of
the
biggest
beneficiaries
of
higher
rates
will
continue
to
be
US
financial
institutions,
which
benefit
from
higher
lending
spreads.
In
addition,
US
home
construction
firms
and
related
sectors
such
as
concrete,
lumber
to
home
repair
businesses
could
benefit
from
infrastructure
rebuilding
plans.
The
risk
of
higher
rates
continues
to
weigh
heavily
on
the
US
Treasury
indexes,
currently
unwinding
from
a
30
year
bull
market,
sending
billions
of
dollars
into
US
equities
and
the
PMs.
Bill
Murphy
&
Chris
Waltzek
Ph.D.
-
January
25,
2017.
Bill
Murphy
of
GATA.org
and
the
host
discuss
the
prospects
for
the
PMs
sector
in
2017.
According
to
Bix
Weir,
a
1/1
gold
/
silver
ratio
is
merely
a
matter
of
time
as
emerging
technologies
increasingly
rely
on
silver.
Case
in
point,
silver
is
key
to
smog
correction
devices,
which
are
in
high
demand
in
China
due
to
the
rise
of
the
increasingly
affluent
middle
class.
Just
as
the
Dow
Jones
Industrials
sets
a
new
all
time
benchmark
of
20,000,
weak
dollar
comments
from
the
new
Treasury
Secretary
Steven
Mnuchin.
The
new
Administration
has
plans
on
the
table
to
revamp
the
crumbling
domestic
infrastructure.
Raw
material
purchases
and
related
jobs
/
activities
could
boost
national
price
levels
to
the
benefit
of
PMs
investments.
The
technical
case
supports
the
nascent
silver
bull
market
thesis
-
the
silver
index
is
nearing
a
Golden
Cross
on
the
weekly
chart.
The
XAU
is
leading
the
metals
charge
on
a
relative
basis
-
another
indication
that
institutions
are
anticipating
a
multi-year
PMs
price
advance.
Once
silver
closes
above
$21
with
conviction,
Bill
Murphy
expects
new
bull
market
records,
echoing
Paul
Wong,
of
Sprott
Asset
Management.
Bill
Murphy
of
GATA.org
and
the
host
discuss
the
prospects
for
the
PMs
sector
in
2017.
According
to
Bix
Weir,
a
1/1
gold
/
silver
ratio
is
merely
a
matter
of
time
as
emerging
technologies
increasingly
rely
on
silver
as
an
essential
engineering
component.
Case
in
point,
silver
is
key
to
smog
correction
devices,
which
are
in
high
demand
in
China
due
to
the
rise
of
the
increasingly
affluent
middle
class.
Just
as
the
Dow
Jones
Industrials
sets
a
new
all
time
benchmark
of
20,000,
weak
dollar
comments
from
the
new
Administration's
Treasury
Secretary
Steven
Mnuchin,
is
supportive
of
domestic
exports
and
inadvertently
the
PMs
market.
The
new
Administration
has
plans
on
the
table
to
revamp
the
crumbling
domestic
infrastructure
-
raw
material
purchases
and
related
jobs
/
activities
could
boost
national
price
levels
to
the
benefit
of
PMs
investments.
The
technical
case
supports
the
nascent
silver
bull
market
thesis
-
the
silver
index
is
nearing
a
Golden
Cross
on
the
weekly
chart,
which
typically
results
in
explosive
moves
upward.
Moreover,
the
XAU
is
leading
the
metals
charge
on
a
relative
basis
-
another
indication
that
institutions
and
deep
pocket
investors
are
anticipating
a
multi-year
PMs
price
advance.
Once
silver
closes
above
$21
with
conviction,
Bill
Murphy
expects
new
bull
market
records,
echoing
the
sentiments
of
Paul
Wong,
senior
portfolio
manager
at
Sprott
Asset
Management
(Bloomberg.com,
2017).
Listeners'
Q&A
(callers)
-
Chris
Waltzek
Ph.D.
-
January
20,
2017.
The
latest
Listener's
Q&A
segment
includes
comments
from
longtime
listener,
John
from
San
Diego.
John
notes
that
market
manipulation
makes
technical
analysis
obsolete.
The
host
points
to
Wealth
Building
Strategies
(Waltzek,
2010)
and
his
PhD
dissertation.
Technical
analysis
hinted
at
a
murder
of
crows
circling
Lehman
Brothers
shares,
as
well
as
Bear
Stearns
and
even
the
general
equities
markets
in
2007-2008.
A
caller
from
San
Francisco
expresses
appreciation
for
the
Goldseek.com
Radio
program.
The
latest
Listener's
Q&A
segment
includes
comments
from
longtime
listener,
John
from
San
Diego.
John
notes
that
market
manipulation
makes
technical
analysis
obsolete.
The
host
points
to
Wealth
Building
Strategies
(Waltzek,
2010)
and
his
PhD
dissertation,
Enhanced
Modern
Portfolio
Theory
via
Long-Memory
Regimes
(Waltzek,
2016),
which
proves
through
statistical
analysis
with
a
high
confidence
level,
(CI,
.95)
that
technical
analysis
hinted
at
a
murder
of
crows
circling
Lehman
Brothers
shares,
as
well
as
Bear
Stearns
and
even
the
general
equities
markets
in
2007-2008,
well
in
advance
of
the
epic
deluges.
A
caller
from
San
Francisco
expresses
appreciation
for
the
Goldseek.com
Radio
program.
Bob
Hoye
&
Chris
Waltzek
Ph.D.
-
January
19,
2017.
Bob
Hoye
of
Institutional
Advisors
rejoins
the
show
with
positive
insights
on
the
PMs
sector
noting
a
nascent
cyclical
bull
market
in
the
PMs
miners.
Now
that
the
first
significant
correction
is
passing,
increased
exposure
to
enticing
gold
/
silver
stocks
is
advisable.
Adding
to
the
appeal
of
PMs
investments,
increased
tensions
between
member
nations
and
the
EU,
such
as
France,
Italy,
Portugal
and
Spain.
The
discussion
includes
key
research
on
the
PMs
sector
from
renowned
investor,
Doug
Casey.
Using
data
from
the
World
Gold
Council,
the
Middle
East
is
the
third
largest
gold
consumer,
eclipsing
even
the
US.
For
the
first
time
in
modern
history,
the
region
could
surpass
India
and
even
China
as
the
top
gold
consumer.
Beginning
in
March
2017
new
gold-friendly
opportunities
could
facilitate
sizable
purchases
of
gold,
silver
and
related
commodities
without
violating
Sharia
law.
The
duo
discuss
the
implications
of
the
sea
change
event
for
the
PMs
sector.
Although
the
Fed
retains
carte
blanch
authority
to
absorb
toxic
debt,
the
threat
of
higher
rates
/
yields
is
jeopardizing
even
their
deep
pockets.
The
broad
proliferation
of
exchange
traded
funds
(ETFs)
continues
to
flood
the
US
equities
market
-
company
shares
no
longer
dominate
their
own
exchanges.
The
Bitcoin
ETF
(GBTC),
the
brainchild
of
the
infamous
Winklevoss
Twins,
of
Facebook,
Social
Network
fame,
remains
the
sole
means
to
invest
via
markets.
Bob
Hoye
of
Institutional
Advisors
rejoins
the
show
with
positive
insights
on
the
PMs
sector
-
a
nascent
cyclical
bull
market
in
the
PMs
mining
shares
appears
to
be
forming.
Now
that
the
first
significant
correction
is
passing,
increased
exposure
to
enticing
gold
/
silver
stocks
is
advisable,
given
the
improvement
in
earnings
per
share.
Adding
to
the
appeal
of
PMs
investments,
increased
tensions
between
member
nations
and
the
EU,
such
as
France,
Italy,
Portugal
and
Spain,
which
may
pass
referendums
to
exit
the
EU
in
Brexit-like
fashion.
The
discussion
includes
key
research
on
the
PMs
sector
from
renowned
investor,
Doug
Casey.
Using
data
from
the
World
Gold
Council,
the
Middle
East
is
the
third
largest
gold
consumer,
eclipsing
even
the
US.
For
the
first
time
in
modern
history,
the
region
could
surpass
India
and
even
China
as
the
top
gold
consumer
-
beginning
in
March
2017
new
gold-friendly
opportunities
could
facilitate
sizable
purchases
of
gold,
silver
and
related
commodities
without
violating
Sharia
law.
Doug
Casey
notes
that
$3
trillion
dollars
could
flood
into
the
PMs
sector,
as
112
Islamic
billionaires
suddenly
gain
access
to
their
favorite
safe
haven
asset.
The
duo
discuss
the
implications
of
the
sea
change
event
for
the
PMs
sector.
Moreover,
although
the
Fed
retains
carte
blanch
authority
to
absorb
toxic
debt,
the
threat
of
higher
rates
/
yields
is
jeopardizing
even
their
deep
pockets,
which
could
trigger
an
exodus
of
epic
scale
out
of
US
Treasuries
into
the
PMs.
The
broad
proliferation
of
exchange
traded
funds
(ETFs)
continues
to
flood
the
US
equities
market
-
company
shares
no
longer
dominate
their
own
exchanges
amid
a
renaissance
of
ETFs.
For
example,
the
Bitcoin
ETF
(GBTC),
the
brainchild
of
the
infamous
Winklevoss
Twins,
of
Facebook,
Social
Network
fame,
remains
the
sole
means
to
invest
in
the
cyrptocurrency
on
the
exchanges.
GBTC
is
a
regular
Alpha
Stock
Newsletter
candidate
that
has
outperformed
the
market
since
added
to
the
list.
Peter
Eliades
&
Chris
Waltzek
Ph.D.
-
January
11,
2017.
Peter
Eliades
of
Stockmarket
Cycles,
returns
with
a
warning
for
US
equities
investors.
Despite
the
recent
advance,
his
technical
cycles
work
predicts
a
possible
market
peak.
If
the
advance
/
decline
line
fails
to
confirm
a
retest
of
the
zenith,
a
decade
long
stock
bear
could
emerge
from
the
8
year
slumber.
A
key
component
of
his
analysis
includes
his
three
decade
cycle
that
seems
to
confirm
his
equities
market
top
thesis.
Peter
Eliades
notes
in
a
recent
interview
that
gold
represents
real
wealth.
Peter
Eliades
of
Stockmarket
Cycles,
returns
with
a
warning
for
US
equities
investors.
Despite
the
recent
advance,
his
technical
cycles
work
predicts
a
possible
market
peak.
If
the
advance
/
decline
line
fails
to
confirm
a
retest
of
the
zenith,
a
decade
long
stock
bear
could
emerge
from
the
8
year
slumber,
jeopardizing
the
typical
investment
portfolio.
A
key
component
of
his
analysis
includes
his
three
decade
cycle
that
seems
to
confirm
his
equities
market
top
thesis.
Peter
Eliades
notes
in
a
recent
interview
that
gold
represents
real
wealth.
Professor
Laurence
Kotlikoff
&
Chris
Waltzek
Ph.D.
-
January
10,
2017.
According
to
economist
Dr.
Laurence
Kotlikoff,
the
nation
is
facing
runaway
prices
that
could
send
the
PMs
skyward.
With
over
$200
trillion
in
total
debt,
more
than
twice
as
severe
as
bankrupt
Detroit
-
policymakers
may
find
salvaging
the
system
challenging.
His
new
FREE
book:
You're
Hired!
illustrates
how
the
working
/
middle
class
are
trapped
in
an
impossible
welfare
system.
He
outlines
his
plan
to
revamp
the
system
with
proper
incentives.
He
encourages
listener
to
forward
the
plan
to
their
congressional
leaders.
Six
months
before
the
Treasury
market
collapse,
he
advised
our
listeners
to
avoid
debt.
Given
the
threat
of
higher
rates,
municipal
debt
is
at
risk.
Job
automation
is
gaining
momentum
via
automated
pharmacies,
toll
booths,
restaurants,
retailers,
etc.;
expect
greater
income
distribution
inconsistencies.
The
discussion
includes
recent
news
that
an
IBM
Watson
computer
replaced
34
mid-level
insurance
analyst
positions,
facilitating
windfall
profits.
Although
shareholders
will
benefit,
workers
should
take
note
as
even
formerly
secure
white-collar
jobs
are
now
at
risk.
Our
guest
outlines
pragmatic
policies
to
reform
the
banking,
healthcare
and
fiscal
systems.
According
to
economist
Dr.
Laurence
Kotlikoff,
the
nation
is
facing
runaway
prices
that
could
send
the
PMs
skyward.
With
over
$200
trillion
in
total
debt,
more
than
twice
as
dire
as
bankrupt
Detroit
-
policymakers
may
find
salvaging
the
system
challenging.
His
new
FREE
BOOK:
You're
Hired!
illustrates
how
the
working
/
middle
classes
are
trapped
in
an
impossible
welfare
system
-
he
outlines
his
plan
to
revamp
the
system
with
proper
incentives.
Dr.
Kotlikoff
encourages
our
listeners
/
readers
to
download
the
book
and
forward
it
to
their
congressional
leaders.
Six
months
before
the
Treasury
market
collapse,
he
advised
our
listener's
to
avoid
debt.
Given
that
higher
interest
rates
are
likely,
municipal
debt
is
at
risk.
Job
automation
is
gaining
momentum,
such
as
automated
pharmacies,
toll
booths,
restaurants,
retailers,
etc.,
increasing
the
risk
of
greater
income
distribution
inconsistencies
and
related
societal
unrest.
The
discussion
includes
recent
news
that
an
IBM
Watson
computer,
which
bested
human
contestants
on
the
TV
show
Jeopardy,
was
purchased
by
a
Japanese
firm
to
replace
34
mid-level
insurance
analyst
positions,
resulting
in
a
windfall
profit
for
the
company.
Although
shareholders
will
benefit,
workers
should
take
note
formerly
secure
white-collar
jobs
are
now
at
risk
of
automation.
Sensible
reform
of
fiscal,
banking,
healthcare
policies
could
right
the
system.
Gerald
Celente
&
Chris
Waltzek
Ph.D.
-
January
6,
2017.
He's
concerned
by
terms
like
"Nationalism
/
Populism"
that
discredit
what
the
PTB
are
attempting
to
hide:
global
contempt
for
a
broken
system.
Since
2009,
95%
of
the
wealth
created
was
accumulated
by
the
most
privileged
1%
while
unemployment
among
the
young
ranges
from
30-50%.
Given
the
economic
chaos
predicted
by
his
models,
our
guest
maintains
that
gold
remains
the
ultimate
hedge
against
impending
financial
uncertainty.
Virtual
reality
education
(VR-ED)
will
continue
to
fill
the
void
with
affordable
and
pragmatic
skill
sets.
Gerald
Celente
sees
the
trend
away
from
cash
to
a
totally
digital
currency
system
is
rooted
in
fear.
Officials
are
bracing
for
runaway
inflation
that
threatens
the
very
existence
of
their
system
of
bondage.
The
Trends
Research
Institute
examines
the
health
benefits
of
medical
cannabis,
finding
that
the
pros
far
outweigh
the
disadvantages.
If
medical
cannabis
were
rescheduled,
laboratories
would
have
access
to
a
new
source
of
highly
effective
weapons
against
epilepsy,
cancer,
and
glaucoma.
Israel
is
ahead
of
this
trend;
laboratories
are
licensed
for
research
in
the
area,
which
according
to
experts
could
lead
to
key
pharmaceutical
breakthroughs.
At
the
helm
of
the
Trends
Research
Institute,
Gerald
Celente
returns
with
holiday
spirit
still
intact.
He's
concerned
by
terms
like
"Nationalism
/
Populism"
that
discredit
what
the
PTB
are
attempting
to
mask:
global
contempt
for
a
broken
system
due
mostly
to
economic
dissatisfaction
among
the
classes.
Since
2009,
95%
of
the
wealth
created
was
accumulated
by
the
most
privileged
1%
while
unemployment
among
the
young
ranges
from
30-50%.
Given
the
economic
chaos
predicted
by
his
models,
our
guest
maintains
that
gold
remains
the
ultimate
hedge
against
impending
financial
uncertainty.
Virtual
reality
education
(VR-ED)
will
continue
to
fill
the
void
with
affordable
and
pragmatic
skill
sets.
Gerald
Celente
sees
the
trend
away
from
cash
to
a
totally
digital
currency
system
is
rooted
in
fear
-
officials
are
bracing
for
runaway
inflation
that
threatens
the
very
existence
of
their
system
of
bondage.
The
Trends
Research
Institute
examines
the
health
benefits
of
medical
cannabis,
finding
that
the
pros
far
outweigh
the
disadvantages
particularly
when
compared
with
mainstream
alternatives.
If
medical
cannabis
were
rescheduled,
laboratories
would
have
access
to
a
new
source
of
highly
effective
weapons
against
epilepsy,
cancer,
and
glaucoma.
Israel
is
ahead
of
this
trend;
laboratories
are
licensed
for
research
in
the
area,
which
according
to
experts
could
lead
to
key
pharmaceutical
breakthroughs.
Peter
Grandich
&
Chris
Waltzek
Ph.D.
-
January
5,
2017.
Peter
Grandich
of
Peter
Grandich
and
Company
says
the
recent
correction
has
cleared
the
skittish,
speculative
crowd,
presenting
a
valuation
opportunity.
In
2016,
the
PM
sector
performed
solidly
-
silver
added
14%,
gold
10%
and
the
XAU
gold
/
silver
shares
advanced
over
63%.
Due
to
the
marked
improvement
in
the
supply
/
demand
environment,
the
PMs
markets
are
primed
for
better
performance.
Institutions
will
continue
to
seek
for
gold
bullion
in
size,
shrinking
output
and
reserves
while
underpinning
price.
Adding
to
upward
market
momentum,
the
price
of
Bitcoins
in
terms
of
China's
Yuan
currency
blasted
above
1,000,
as
officials
enacted
currency
controls.
The
surprising
outcome
may
be
a
temporary
reprieve
from
currency
collapse,
such
as
in
Venezuela
/
India.
The
guest
/
host
concur
that
eventually,
even
cryptocurrencies
will
fail
to
contain
the
currency
/
inflation
specter.
The
Wall
Street
Whiz
notes
that
odds
favor
higher
PMs
relative
to
the
general
stock
market
by
the
end
of
2017.
The
intense
theme
of
capital
flight
from
Europe
South
America
and
Asia
and
US
Treasuries
into
domestic
US
shares
subsides,
expect
sold
PMs
performance.
In
2016,
the
PM
sector
performed
solidly
-
silver
added
14%,
gold
10%
and
the
XAU
gold
/
silver
shares
advanced
over
63%.
The
first
GSR
guest
of
the
New
Year
anticipates
even
more
positives
in
2017.
Peter
Grandich
of
Peter
Grandich
and
Company
says
the
recent
correction
has
cleared
the
skittish,
speculative
crowd,
presenting
a
gift
to
the
strong
hands
with
deep
pockets
accumulating
positions
ahead
of
an
imminent
advance
to
higher
levels.
Due
to
the
marked
improvement
in
the
supply
/
demand
environment,
the
PMs
markets
are
primed
for
better
performance.
Institutions
will
continue
to
seek
for
gold
bullion
in
size,
shrinking
output
and
reserves
while
underpinning
price.
Adding
to
upward
market
momentum,
the
price
of
Bitcoins
in
terms
of
China's
Yuan
currency
blasted
above
1,000,
as
officials
enacted
currency
controls
while
curtailing
gold
purchases.
The
surprising
outcome
may
be
a
temporary
reprieve
from
currency
collapse,
such
as
in
Venezuela
/
India.
The
guest
/
host
concur
that
eventually,
even
cryptocurrencies
will
fail
to
contain
the
currency
/
inflation
specter,
which
could
open
the
spigots
of
institutional
funds
into
the
PMs.
The
Wall
Street
Whiz
notes
that
odds
favor
higher
PMs
relative
to
the
general
stock
market
by
the
end
of
2017.
Moreover,
as
the
intense
theme
of
capital
flight
from
Europe
South
America
and
Asia
and
US
Treasuries
into
domestic
US
shares
subsides,
expect
much
of
the
flows
to
transition
into
the
PMs
sector.