Return to Main Page

GSR Nugget Archive

Sponsor: President, Peter Spina:

Host Chris Waltzek Ph.D.

NUGGET ARCHIVES: 2017a 2016c 2016b 2016a 2015c 2015b 2015a 2014 2007-2013

Part II - Martin Armstrong & Chris Waltzek Ph.D. - July 5, 2017.

*Please Support the Show!

Mp3 format.

 

Highlights

Part II of this riveting discussion with global financier, Martin Armstrong of Armstrong Economics, includes the script from his next Hollywood movie, covering his unique career on Wall Street. The duo delve into cryptocurrencies, the most significant breakthrough in finance in at least 20 years. While much of the mainline pundits detract from the Bitcoin phenomenon labeling it a new tulip mania, dot.com frenzy, the scarcity / triple entry accounting / technological qualities and relative anonymity may surprise even the most ardent enthusiast with years of spectacular price advances. For instance, Goldman Sachs' Bitcoin target recently increased to $4,000. Just as the VCR / DVD / DVR created entirety new entertainment markets, cryptocurrencies will soon revolutionize every area of the geopolitical domain such as voting, insurance contracts, IoT, banking, healthcare, government contracts, even sovereign currencies. Still, martin Armstrong cautions investors on the extreme volatility in the crypto-space, noting that sheep could be fleeced by chasing sharp price advances.

 

Part I - Martin Armstrong & Chris Waltzek Ph.D. - June 29, 2017.

*Please Support the Show!

Mp3 format.

 

Highlights

In Part I of this riveting discussion with global financier, Martin Armstrong of Armstrong Economics, our guest discusses his two upcoming seminars. The Frankfurt conference is a half-day seminar that is priced to reach both investors and those who are interested in learning about the future of Europe as well as the biannual World Economic Conference this November in Orlando, Florida. The Forecaster was one of the few pundits to correctly anticipate the runaway bull market in US equities - he is calling for 23,000 Dow and if that is eclipsed, perhaps a parabolic move as the general public regains its appetite for shares in the wake of the 2009 crash. Our guest expects the European Central Bank (ECB) to file for bankruptcy protection, culminating with higher rates. Using his capital flow analysis, he presents contingency plans for investors to shield their portfolios from the onslaught, including the precious metals, which he expects will chase US equities markets to lofty levels. The growing theme of automating service jobs captures the attention of the guest, who was recently was served by a robot at the highly automated, Frankfurt airport. In similar fashion, the top notch cryptocurrency Ethereum was recently used in an IBM / Samsung program to help a washing machine, order its own detergent, call and pay for repair service and wash clothes when electricity charges are lowest - this sea change event will facilitate the Internet of Things (IoT), encourage artificial intelligence and lead to breakthroughs not yet anticipated by even top notch SciFi writers (figure 1.1).

Figure 1.1. Ethereum / IBM / Samsung Project

 

Peter Schiff & Chris Waltzek Ph.D. - June 28, 2017.

* Please Support the Show!

Mp3 format.

 

Highlights

  • Despite the coordinated efforts of the PTB to cap the price, gold has still ascended about 10% in 2017.
  • Their efforts are in vain as the price of gold will inevitably reach its intrinsic value, north of $2,000.
  • The gold revival could be abrupt as investors scramble to procure the metal at almost any price.
  • Peter Schiff expects the nascent gold bull market hinges on a shift in Fed policy to rate cuts and renewed QE4. Home ownership remains near 60 year lows; the housing market is approaching Bubble 2.0 levels.
  • Commercial real estate is also in jeopardy due to excessive vacant space amid a "Retail Apocalypse." Peter Schiff calls for lower government oversight / regulation to reduce the burden of employment.
  • US educators are encouraged to implement an apprenticeship program.
  • Peter Schiff cautions investors to avoid paper gold contracts - gold bullion presents the best opportunity for wealth preservation.
The head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX), returns with muy grande sized news for PMs aficionados. Despite the coordinated efforts of the PTB to cap the price, gold has still ascended about 10% in 2017. But according to our guest, their efforts are in vain as the price of gold will inevitably reach its true intrinsic / inflation adjusted value, north of $2,000 per ounce. The gold revival could be abrupt as investors scramble to procure the metal at almost any price, leaping in fits and starts by $100 or more per session. Peter Schiff expects the nascent gold bull market hinges on a shift in Fed policy from one of rate hikes to rate cuts and renewed QE4. Meanwhile, with home ownership near 60 year lows, the housing market is approaching Bubble 2.0 levels as speculators / hedge funds bid up prices to artificially frothy levels. Commercial real estate is also in jeopardy due to excessive vacant space amid a "Retail Apocalypse." While shopping online lowers overall costs to consumers, automation eliminates solid jobs, such as $15 per hour jobs at McDonald's, which is eliminating 25,000 jobs via kiosks. Peter Schiff calls for lower government oversight / regulation to reduce the burden of employment, thereby improving overall income. US educators are encouraged to implement an apprenticeship program to improve the prospects of meaningful work after graduation from High School and or the University. Peter Schiff cautions investors to avoid paper gold contracts - gold bullion presents the best opportunity for wealth preservation.


 

 

Bob Hoye & Chris Waltzek Ph.D. - June 22, 2017.

* Please Support the Show!

Mp3 file.

Highlights

  • Bob Hoye of Institutional Advisors rejoins the show with a fresh perspective on the financial markets / cryptocurrencies.
  • His proprietary indicators suggest US shares are reaching bubble territory as speculative euphoria is approaching year 2000 dot.bomb levels.
  • The host / guest discuss Bob's excellent technical chart.
  • The host views Bitcoin as a gold rush, circa the 1995 Dot.com days with the next target after a correction, $10,000 per coin.
  • The guest views the current 3 fold increase in Bitcoin as the ultimate top.
  • An early Bitcoin competitor, LiteCoin blasted higher overnight, on news that investors in China / Singapore would have access to LiteCoin via CoinBase.
  • Unlike the commodities market / dot.com shares bubble, the PTB have virtually zero means to cap the crypto space via naked short-selling.
  • Cryptocurrencies could represent the greatest bubble of financial history with Bitcoin the Google-like model of a new digital revolution.

Bob Hoye of Institutional Advisors rejoins the show with a fresh perspective on the financial markets / cryptocurrencies - his proprietary indicators suggest US shares are reaching bubble territory as speculative euphoria is approaching year 2000 dot.bomb levels. The host / guest discuss Bob's excellent technical charts - while the host views Bitcoin as a gold rush, circa the 1995 Dot.com days with the next target after a correction, $10,000 per coin, the guest views the current 3 fold increase in Bitcoin as the ultimate top. An early Bitcoin competitor, LiteCoin blasted higher overnight, on news that investors in China / Singapore would have access to LiteCoin via CoinBase; this type of tulip / dot.com activity may become the new norm for several years to come. Key takeaway: unlike the commodities market / dot.com shares bubble where the IPO investment banks could short the low float companies, the PTB have virtually zero means to cap the crypto space via naked short-selling. As a result, cryptocurrencies could represent the greatest bubble of financial history with Bitcoin the Google-like model of a new digital revolution.

 

Gerald Celente & Chris Waltzek Ph.D. - June 21, 2017.

  • Head of the Trends Research Institute, Gerald Celente returns with grave concerns for the US middle class and the wealth gap.
  • Tens of millions live below the poverty line, 102 able bodied citizens are out of work while a tiny fraction own half the world's wealth.
  • Corporate takeovers oftentimes lead to large downsizing / job cuts, as management seeks to streamline operations.
  • Gerald Celente expects the trend to persist, leading to greater employment risk.
  • Thanks in no small part to Midwest fracking operations, the US is expected to eclipse Russia in gas / oil production, a in turn boosting domestic employment.
  • Record oil reserves and operating oil rigs, have put the price of WTIC under pressure - but once the glut passes, $75-$100 per barrel could unfold.
  • Due to weak domestic GDP figures, Celente and the host concur that the odds of a second rate hike this year are slim.
  • With geopolitical risks ratcheting up, e.g. war in Syria, and potentially in Iran, gold remains the ultimate safe-haven investment asset.
  • Downside risk is merely $1,100, while a solid break above $1,300-$1,400 could springboard bullion to the former bull market peak of $2,000+.
  • Adding to the positive gold story, the recent equities bonanza has diverted attention away from the thermonuclear bomb blast shelter.
  • Investors are advised to procure precious metals insurance and avoid the mainstream propaganda; MacCarthy-like, Russo-phobia.
  • Much of the recent Bitcoin price explosion is directly tied to the decision by officials in Japan to facilitate the cryptocurrency as legal tender, providing a relatively free / anonymous alternative for financial transactions.

Head of the Trends Research Institute, Gerald Celente returns with grave concerns for the US middle class and the wealth gap - tens of millions live below the poverty line, 102 able bodied citizens are out of work while a tiny fraction own half the world's wealth. Corporate takeovers oftentimes lead to large downsizing / job cuts, as management seeks to streamline operations - Gerald Celente expects the trend to persist, leading to greater employment risk. Thanks in no small part to Midwest fracking operations, the US is expected to eclipse Russia in gas / oil production, a in turn boosting domestic employment. Record oil reserves and operating oil rigs, have put the price of WTIC under pressure - but the glut passes, $75-$100 per barrel remains the long-term forecast. Due to weak domestic GDP figures, Celente and the host concur that the odds of a second rate hike this year are slim. With geopolitical risks ratcheting up, e.g. war in Syria, and potentially in Iran, gold remains the ultimate safe-haven investment asset. Downside risk is merely $1,100, while a solid break above $1,300-$1,400 could springboard bullion to the former bull market peak of $2,000+. Adding to the positive gold story, the recent equities bonanza has diverted attention away from the thermonuclear bomb blast shelter. Investors are advised to procure precious metals insurance and avoid the mainstream propaganda; Macarthy-like, Russo-phobia. Meanwhile, much of the recent Bitcoin price explosion is directly tied to the decision by officials in Japan to facilitate the cryptocurrency as legal tender, providing a relatively free / anonymous alternative for financial transactions.

 

 

Bill Murphy & Chris Waltzek Ph.D. - June 15, 2017.

* Please Support the Show!

Mp3 format.

Highlights

  • Bill Murphy of GATA.org returns with insights into this week's FOMC rate hike decision.
  • Fed policymakers raised the overnight lending rate by a quarter point from 1% to 1.25%.
  • The current FFF contracts indicate low odds of another rate hike in 2017 and high odds for another quarter point increase next year.
  • With no further rate increase anticipated in 2017, interest in the Greenback should yield to the precious metals.
  • The guest / host agree that a spectacular rise in the PMs is imminent, in similar fashion as the Bitcoin bonanza from sub-$1,000 to $3,000.
  • Billionaire VC, Tim Draper is calling for $10,000 Bitcoin in 2018. Just as the PTB have lost control of the cryptocurrency tulip mania-like market.
  • This is due in part to the difficulty of naked short-selling the sector, gold and silver will break their shackles and ascend to new records.
  • When silver closes firmly above $21, momentum traders and hedge funds will pile into the trade, igniting an epic short-covering squeeze.
  • Gold and silver could capture FOREX market share by as much as 10-20%, resulting in a windfall increase of $1 trillion in capital gains.

Bill Murphy of GATA.org returns with insights into this week's FOMC rate hike decision. Fed policymakers raised the overnight lending rate by a quarter point from 1% to 1.25%. The current FFF contracts indicate low odds of another rate hike in 2017 and high odds for another quarter point increase next year. With no further rate increase anticipated in 2017, interest in the Greenback should yield to the precious metals. The guest / host agree that a spectacular rise in the PMs is imminent, in similar fashion as the Bitcoin bonanza from sub-$1,000 to $3,000. In addition, billionaire VC, Tim Draper is calling for $10,000 Bitcoin in 2018. Just as the PTB have lost control of the cryptocurrency tulip mania-like market due in part to the difficulty of naked short-selling the sector, gold and silver will break their shackles and ascend to new records. Case in point, when silver closes firmly above $21, momentum traders and hedge funds will pile into the trade, igniting an epic short-covering squeeze. Gold and silver could capture FOREX market share by as much as 10-20%, resulting in a windfall increase of $1 trillion in capital gains.

 

Dr. Stephen Leeb & Chris Waltzek Ph.D. - June 14, 2017.

* Mp3 file.

 

Recap

  • Dr. Stephen Leeb presents a compelling case for China as the center of the global economy.
  • The Shanghi Cooperation Organization (SCO) is unifying half the disenfranchised world, over 3 billion people via 8 nations, formerly at odds
  • The net impact solidifies the goal to dominate the economies of the East / developing world, the home of 75% of global oil reserves.
  • Unfortunately, the US was not only rejected from the SCO, but cannot even act as an observer, presenting a potential strategic opportunity for US diplomacy.
  • Even if the a precious metals selloff ensues, the die is cast for a new bull market.
  • The digital monetary revolution is kicking into high gear - current estimates project 10% of the $5 trillion dollar FOREX market become digital.
  • Bitcoin will encompass one third of the $500 billion digital currency space, implying a potential market cap of $1.7 trillion, or $100,000 per Bitcoin.
  • Jim Cramer recently called for $1,000,000 per Bitcoin, as institutions / governments scramble to release their information systems from the Ransomware: WannaCry.
  • A top Silicon Valley venture capitalist and billionaire, Tim Draper is calling for $100,000 per coin.
  • Ethereum and Komodo among numerous competitors will absorb the remaining $330 billion digital currency space.
  • The resulting digital gold rush will usher in one of the hottest profit opportunities of the decade.
  • The discussion includes a pitch for a new initial crypto offering, BitSilver.
  • Dr. Leeb recommends a riveting Sci Fi trilogy from China by award winning Cixin Liu, The Three Body Problem, The Dark Forest, and Death's End.
  • Key takeaway - when oil is denominated in China's Yuan / Renminbi on a key
    Eastern exchange, dollar hegemony will collapse, shifting the balance of power.

Dr. Stephen Leeb presents a compelling case for China rapidly positioning itself as the center of the world, particularly in the areas of economics, cryptocurrencies and computer science. The Shanghi Cooperation Organization (SCO) is unifying half the global population, over 3 billion people via 8 nations formerly at odds, including Pakistan and India, providing trade and security services, emblematic of the industrial powerhouse. The net impact solidifies the goal of China's officials to dominate the economies of the East / developing world, the home to 75% of global oil reserves. Unfortunately, the US was not only rejected from the SCO, but cannot even act as an observer, presenting a potential strategic opportunity for US diplomacy. Key takeaway - the catalyst that could send gold skyward: when an eastern benchmark for oil is announced as denominated in China's Yuan / Renminbi, dollar hegemony will collapse, shifting the balance of power Eastward. Even if the a precious metals selloff ensues, the die is cast for a new bull market. The digital monetary revolution is kicking into high gear - current estimates project 10% of the $5 trillion dollar FOREX market will comprise cryptocurrencies, $500 billion of which Bitcoin will encompass one third, implying a potential market cap of $1.7 trillion (10x's the $170 billion) culminating in $100,000 per Bitcoin. Jim Cramer recently called for $1,000,000 per Bitcoin, as institutions / governments scramble to release their information systems from the Ransomware: WannaCry. Meanwhile, a top Silicon Valley venture capitalist and billionaire, Tim Draper is calling for $100,000 per coin. Just as importantly, Ethereum and Komodo among numerous competitors will absorb the remaining $330 billion digital currency space; the resulting digital gold rush will usher in one of the hottest profit opportunities of the decade. The discussion includes a pitch for a new initial crypto offering, BitSilver. Dr. Leeb recommends a riveting Sci Fi trilogy from China by award winning Cixin Liu, The Three Body Problem, The Dark Forest, and Death's End.

 

David McAlvany & Chris Waltzek Ph.D. - June 8, 2017.

*

Mp3 format.

Recap

  • David McAlvany, CEO of the McAlvany Financial Companies, returns with his latest inspirational / motivational tome, The Intentional Legacy.
  • He outlines key insights he's gleaned via decades of guiding investors to financial success to improving one's intangible legacy.
  • By reverse-engineering our lives, David McAlvaney believes virtually everyone can attain a more fulfilling state through nurturing / fostering relationships.
  • His proposed outcome enhances the net worth of merely a solid bank account.
  • It's proposed that the exponential advance in the PMs sector in 2011 should have resulted in a parabolic climb, but the PTB intentionally capped the price.
  • Adding to the appeal of PMs investments includes, geopolitical instability among key oil producing nations and shifting allegiances in emerging nations.
  • Given that the bull market in PMs is still intact, the end game has not yet played out - prices will soar to manic heights in just 3-5 years, by 2020-2022.
  • Pundits in the gold crowd concur, John Embry recently proposed that one of the few markets not experiencing manic conditions, the PMs sector, will eventually eclipse the competing asset classes as stocks, etc. return to the mean with more pragmatic valuation levels.
David McAlvany, CEO of the McAlvany Financial Companies, returns with his latest inspirational / motivational tome, The Intentional Legacy. David McAlvany outlines key insights he's gleaned via decades of guiding investors to financial success to improving one's intangible legacy. By reverse-engineering our lives, David McAlvaney believes virtually everyone can attain a more fulfilling state through nurturing / fostering relationships with family / friends / coworkers. His proposed outcome eclipses the net worth of merely a profitable bottom line. It's proposed that the exponential advance in the PMs sector in 2011 should have resulted in a parabolic climb, but the PTB intentionally capped the price from 2011-2015 via paper money schemes. Adding to the appeal of PMs investments includes, geopolitical instability among key oil producing nations and shifting allegiances in emerging nations. Given that the bull market is still intact, the end game has not yet played out - prices will soar to manic heights in just 3-5 years, by 2020-2022. Pundits in the gold crowd concur, John Embry recently proposed that one of the few markets not experiencing manic conditions, the PMs sector, will eventually eclipse the competing asset classes as stocks, etc. return to the mean with more pragmatic valuation levels.

 

Bill Murphy & Chris Waltzek Ph.D. - June 7, 2017.

*

Mp3 format.

Highlights

  • Bill Murphy of GATA.org and the host discuss the Bitcoin phenomenon and the implications to the precious metals sector.
  • As the high-flying digital currency approaches $3,000, Dr. Paul Craig Roberts and David Kranzler note how many markets are manic, except the precious metals
  • Bill Murphy cites the seemingly contrived paper short positions in the metals markets, potentially holding the yellow metal under $1,300.
  • The guest / host outline why the casino denizens may cash out their chips in search of safety in hard assets.
  • The world's largest gold producer / consumer, China is poised to consume at least 1,000 metric tons of gold this year alone, an increase of 50%.
  • The discussion includes a recently discovered treasure in the Netherlands; a fortune of Roman gold coins dating to 476 A.D.
  • The positive technical position of the PMs sector suggests an upside breakout is imminent in the coming weeks.
  • The move could potentially launch gold northward to $1,500 and silver $26 an ounce.
  • Just as the digital currency Ethereum has increased over 10 fold as Bitcoin tripled in value, silver gains could eclipse gold in the imminent advance.

Bill Murphy of GATA.org and the host discuss the Bitcoin phenomenon and the implications to the precious metals sector. As the high-flying digital currency approaches $3,000, Dr. Paul Craig Roberts and David Kranzler note how many markets are reaching manic-like levels, except the precious metals, representing an appealing relative valuation. Bill Murphy cites the seemingly contrived paper short positions in the metals markets, potentially holding the yellow metal under $1,300. The guest / host outline why the casino denizens may cash out their chips in search of safety in hard assets. In addition, the world's largest gold producer / consumer, China is poised to consume at least 1,000 metric tons of gold this year alone, an increase of 50%, stretching the limits of the already taught and inelastic supply / demand curves. The discussion includes a recently discovered treasure in the Netherlands; a fortune of Roman gold coins dating to 476 A.D., attributed to a Frankish leader and the crumbling empire. The positive technical position of the PMs sector suggests an upside breakout is imminent in the coming weeks, potentially launching gold northward to $1,500 and silver $26 an ounce. Just as the digital currency Ethereum has increased over 10 fold as Bitcoin tripled in value, silver gains could eclipse gold in the imminent advance.

 

Arch Crawford & Chris Waltzek PhD - June 1, 2017.

  • Arch Crawford, head of Crawford Perspectives, outlines his take on the US equities bull market.
  • He's concerned by the lack of breadth / confirmation in the broader indexes, such as the NY composite and Wilshire 5000.
  • Dow Theory is also flashing warning signals; the new highs are actually declining according to his analysis, suggestive of potential market manipulation.
  • Arch Crawford presents key dates using cycle patterns for likely market crashes.
  • Our guest traded gold for a living in the 1970's - he's impressed by the recent golden cross, where the daily 50 period moving average moves above the 200.
  • A solid close above $1,300 gold could ignite the next stage of the PMs advance.
  • Another encouraging technical sign; the MACD trend indicator registered a buy signal two weeks ago, an important positive indication.
  • The discussion includes cryptocurrencies and the very real possibility for Bitcoin and related coins like Ethereum / Komodo, to skyrocket.

 

Arch Crawford, head of Crawford Perspectives, outlines his take on the US equities bull market - he's concerned by the lack of breadth / confirmation in the broader indexes, such as the NY composite and Wilshire 5000. Dow Theory is also flashing warning signals; the new highs are actually declining according to his analysis, suggestive of potential market manipulation by the PPT. Arch Crawford presents key dates using cycle patterns for likely market crashes. Our guest traded gold for a living in the 1970's - he's impressed by the recent golden cross, where the daily 50 period moving average moves above the 200, suggesting a positive shift in buying pressure. A solid close above $1,300 gold could ignite the next stage of the PMs advance. Another encouraging technical sign; the MACD trend indicator registered a buy signal two weeks ago, an important positive indication. The discussion includes cryptocurrencies and the very real possibility for Bitcoin and related coins like Ethereum / Komodo, to skyrocket - Wired Magazine discusses $100,000 per Bitcoin target.

 

 

John Williams & Chris Waltzek PhD - March 31, 2017.

* Thanks for supporting the show!

Mp3 download.

Highlights

  • Alternative economist, John Williams of Shadowstats.com discusses the debt-asset based global economy.
  • Our guest agrees with the conclusions drawn by a griping article, How Debt-Asset Bubbles Implode: The Supernova Model of Financial Collapse.
  • The global economic system began its collapse in 2008 and is no longer fully solvent; a subsequent financial supernova is inevitable.
  • According to a Financial Times article, since the last Great Recession, productivity has fallen to the lowest level in over 40 years.
  • Officials can no longer mask the fact that certain sectors of the economy mirror the conditions of the Great Depression.
  • The manufacturing sector is experiencing the longest period of non-expansion since numbers were first tallied nearly one century earlier.
  • Just over 3 years ago, the Venezuelan Bolivar was the premier currency of South America, near parity with the US Greenback.
  • Today it requires merely 1 dollar to procure 6,000 Bolivars - over the same period gold skyrocketed in terms of Bolivars.
  • The net impact is widespread starvation, looting and civil war, potentially a foreshadowing of things to come in the US.
  • At first, Fed policymakers will likely expand monetary stimulus via QE4, but such stimulus comes with the Achilles heel of exponentially decreasing returns.
  • The huge international capital-inflows currently propping up US equities via the US dollar, will reverse course posthaste.
  • Ultimately, the economic supernova will ignite via galloping inflation, next hyperinflation, sending the cost of goods and services soaring.
  • As the US dollar plunges to new lows, it will trigger the tipping point of the economic chaotic-system.
  • According to a Zero Hedge article last week, the dollar and Bitcoin are overbought relative to gold which is relatively underpriced.
Alternative economist, John Williams of Shadowstats.com discusses the debt-asset based global economy. Our guest agrees with the conclusions drawn by a griping article, How Debt-Asset Bubbles Implode: The Supernova Model of Financial Collapse, penned by Charles Hughes Smith; the global economic system began its collapse in 2008 and is no longer fully solvent; a subsequent financial supernova is inevitable. According to a Financial Times article, since the last Great Recession, productivity has fallen to the lowest level in over 40 years as indicated by anemic GDP / hour worked, indicating that massive central bank liquidity injections have done little to improve economic output. Officials can no longer mask the fact that certain sectors of the economy resemble the conditions of the Great Depression. For instance, the manufacturing sector is experiencing the longest period of non-expansion since numbers were first tallied nearly a nearly one century earlier. Just over 3 years ago, the Venezuelan Bolivar was the premier currency of South America and near parity with the US Greenback. However, today it requires merely 1 dollar to procure 6,000 Bolivars - over the same period gold skyrocketed in terms of Bolivars; the net impact is widespread starvation, looting and civil war, potentially a foreshadowing of things to come in the US. At first, Fed policymakers will likely expand monetary stimulus via QE4, but such stimulus comes with the Achilles heel of exponentially decreasing returns, leaving the typical household in jeopardy. The huge international capital-inflows currently propping up US equities via the US dollar, will begin to reverse course posthaste, sending massive capital flowing into the energy sector and related safe haven assets. Ultimately, the economic supernova will ignite via galloping inflation and inevitably, hyperinflation, sending the cost of goods and services soaring. The plunging US dollar will cause the tipping point of the economic chaotic-system. According to a Zero Hedge article last week, the dollar and Bitcoin are overbought relative to gold, which is relatively underpriced.

 

 

 

John Scurci & Chris Waltzek Ph.D. - May 25, 2017.

Highlights

  • John Scurci of Corona Capital Management makes his show debut.
  • As Partner & Portfolio Manager, the JP Morgan veteran of Wall Street, utilizes decades of experience to better guide investment decisions.
  • John Scurci warns that the US currency may be much less stable than most investors realize.
  • The actual intrinsic value could be considerably lower than anticipated by most investment models.
  • The 2008 Great Recession / Credit Crisis never ended; officials merely poured trillions of dollars in debt over the problem.
  • By some measures, global debt has increased by 60% since the last financial shock, priming the weapons of mass destruction for another imminent implosion.
  • Although he outlines a disturbing prophecy, investors may choose to heed his warning and shield their portfolios with hard assets.
  • 2008 represented a wake up call to economic policymakers / institutions around the globe.
  • Numerous alternatives have emerged to challenge the hegemony of the US dollar outside the purview of the IMF and World Bank.
  • Our guest underscores many of the impressive qualities of gold.
  • The PMs represent perfect panacea to global currency ailments. Hard assets like gold earn a place in every investment portfolio as an alternative to counter-party risk.

John Scurci of Corona Capital Management makes his show debut. As Partner & Portfolio Manager, the Yale economics program graduate and JP Morgan veteran of Wall Street, utilizes decades of experience to better guide investment decisions. John Scurci warns that the US currency may be much less stable than most investors realize - the actual intrinsic value could be considerably lower than anticipated by most investment models. The 2008 Great Recession / Credit Crisis never ended; officials merely poured trillions of dollars in debt over the problem. Case in point, by some measures, global debt has increased by 60% since the last financial shock, priming the financial weapons of mass destruction for another imminent implosion. Although he outlines a disturbing prophecy, investors may choose to heed his warning and shield their portfolios with the best insurance policy available, hard assets. In addition, 2008 represented a wake up call to economic policymakers / institutions around the globe - numerous alternatives have emerged to challenge the hegemony of the US dollar outside the purview of the IMF and World Bank, such as bilateral trade agreements with China. Our guest underscores many of the impressive qualities of gold, such as its debt-free, underowned, underpriced and the perfect panacea to global currency ailments. Hard assets like gold earn a place in every investment portfolio as appealing alternatives to counter-party risk.

 

Peter Grandich & Chris Waltzek Ph.D. - May 24, 2017.

*

Mp3 format.

 

Highlights

  • With US equities at a record zenith, Peter Grandich of Peter Grandich and Company advises avoiding paper assets, preferring the precious metals.
  • Amid the cryptocurrency revolution where Bitcoin and competing digital currencies can climb 100s of percent, $100 invested in 2011 is worth millions.
  • Should investors be concerned by the prospect of related blockchain exploits, and zero-days could trigger a new PMs "gold rush?"
  • Peter Grandich's technical analysis indicates that a new PMs bull market is forming.
  • Investors still have time to accumulate gold / silver investments at appealing values.
  • Despite seemingly robust domestic employment numbers, the past 10 years GDP growth average (1.3%) mirrors identically that of the decade preceding The Great Depression.
  • According to a recent Fed statistics, 44% of American's have less than $400 in savings, while the majority continue to live from paycheck to paycheck.
  • Put differently, over 100 million people cannot afford to pay a major car repair or health issue without using credit or insurance policies.

With US equities at a record zenith, Peter Grandich of Peter Grandich and Company advises avoiding relatively overpriced paper assets, preferring instead the relative safety of the precious metals over the frothiness of US shares. Moreover, amid the cryptocurrency revolution where Bitcoin and competing digital currencies can climb 100s of percent per day and $100 invested in 2011 is worth millions today, the duo ask: should investors be concerned by the prospect of related blockchain exploits, and zero-days; as such threats emerge, might the PMs sector experience a similar "gold rush?" Peter Grandich's technical analysis indicates that a new PMs bull market is forming - investors still have time to accumulate gold / silver investments at appealing values. Despite seemingly robust domestic employment numbers, the past 10 years GDP growth average (1.3%) mirrors identically that of the decade preceding The Great Depression, identifying a potentially huge discrepancy / between the actual and reported statistics. For instance, according to a recent Fed statistics, 44% of American's have less than $400 in savings, while the majority continue to live from paycheck to paycheck. Put differently, over 100 million people cannot afford to pay a major car repair or health issue without using credit or insurance policies, begging the question: are the official statistics disingenuous?

 

Professor Laurence Kotlikoff & Chris Waltzek Ph.D. - May 18, 2017.

*

Mp3 format.

 

Highlights

  • Economist Professor Laurence Kotlikoff, returns with a new FREE book: You're Hired!
  • With over $220 in national debt, if 10% of the GDP were directed to paying of the debt, it would still require an infinite number of years.
  • Dr. Kotlikoff admonishes policymakers for ignoring the warning of the national founders, not to burden the young with debt, to the benefit of retirees.
  • Officials are determined to continue money printing ways, ultimately culminating with inflation and higher PMs prices.
  • Dr. Kotlikoff and the host see warning signs that the US equities markets is overpriced continue to appear.
  • Investment legend Warren Buffett is holding most of his funds in cash, over $80 billion, despite his reputation for holding steady through tough times.
  • Due to massive leverage and opacity in the banking system, the bank stress tests are useless; another 2008 style credit crisis is inevitable.
Economist Professor Laurence Kotlikoff, has a new FREE book: You're Hired! With over $220 in national debt, if 10% of GDP were directed to paying of the debt, it would still require an infinite number of years. Dr. Kotlikoff admonishes policymakers for ignoring the warning of the national founders, not to tax and burden the young to the benefit of retirees. Officials are determined to continue their money printing ways, which will ultimately culminate with inflation and higher PMs prices. Dr. Kotlikoff and the host note warning signs that the US equities market is overpriced, including the fact that investment legend Warren Buffett is holding most of his funds, over $80 billion despite his established track record of holding steady through tough times. Due to massive leverage and opacity in the banking system, stress tests are useless; another 2008 style credit crisis is inevitable.

 

Dr. Paul Wilmott & Chris Waltzek Ph.D. - May 17, 2017.

*

Mp3 format.

 

Highlights

  • Dr. Paul Wilmott from the quantitative finance website, Wilmott.com returns with comments on his magnum opus, endorsed by the legendary Nassim Taleb.
  • The duo engage in an enthralling discussion on the true nature of financial risk versus the expected risk predicted by traditional econometric models.
  • The guest and host concur, the financial field is deluding itself with seemingly solid theories that simply do not account for the reality of black-swan events.
  • The duo applaud economists / financial engineers for attempting to model the complex / chaotic field of human behavior vs. the natural sciences.
  • The financial theorist (guest) outlines the ramifications of algorithmic trading while the financial experimentalist (host) presents his findings from his 3rd party documented 89% win rate on over 600 trades.
Dr. Paul Wilmott from the quantitative finance website, Wilmott.com returns with comments on his latest magnum opus, strongly endorsed by financial legend Nassim. The duo engage in an enthralling discussion on the true nature of financial risk versus the expected risk predicted by traditional econometric models. The guest and host concur, the financial field is deluding itself with seemingly solid theories that simply do not account for the reality of black-swan like events / sea-changes. Nevertheless, the duo applaud economists / financial engineers for attempting to model the complex / chaotic field of human behavior vs. the more predictable natural sciences. The discussion includes the Millennial Prizes, including P vs. NP and The Navier-Stokes prizes. In an interesting twist, the financial theorist (guest) outlines the ramifications of algorithmic trading while the financial experimentalism (host) presents his findings from his 3rd party documented 89% win rate on over 600 trades.

 

Bill Murphy & Chris Waltzek Ph.D. - May 12, 2017.

*

Mp3 format.

Highlights

  • Bill Murphy of GATA.org returns from a tribute to Eric Sprott, a precious metals expert philanthropist and self made billionaire.
  • Friend of Goldseek.com Radio, Eric Sprott recently noted that gold shares could present a valuation opportunity following an ETF rebalancing.
  • According to Bill Murphy, Eric Sprott continues to aggressively accumulate PMs mining shares.
  • Gold demand in Asia continues to soar, as 1.3 billion people in India are buying several fold over last years figure.
  • China's 1.35 billion inhabitants purchase the most, worldwide.
  • Flaws in the blockchain structure will eventually erode investor confidence in cryptocurrencies, redirecting a flood of capital to gold and silver.

Bill Murphy of GATA.org returns from a tribute to Eric Sprott, a precious metals expert philanthropist and self made billionaire. Friend of Goldseek.com Radio, Eric Sprott recently noted that gold shares could present a valuation opportunity following an ETF rebalancing. According to Bill Murphy, Eric Sprott continues to aggressively accumulate PMs mining shares. Gold demand in Asia continues to soar, as 1.3 billion people in India are buying several fold over last years figure, while China's 1.35 billion inhabitants purchase the most, worldwide. While the host remains a big proponent of the digital currency revolution via Bitcoin, Ethereum, Komodo, etc., flaws in the blockchain structure will eventually erode investor confidence in cryptocurrencies, redirecting a flood of capital into the king / prince of currencies, gold and silver.


Bob Hoye & Chris Waltzek Ph.D. - May 11, 2017.

*

Mp3 file.

Highlights

  • Bob Hoye of Institutional Advisors rejoins the show with key gold / silver market insights.
  • The gold / silver ratio (GS) offers investors a rare glimpse into future price movements.
  • When the GS or metallic credit spread, climbs, financial markets tend to swoon - the latest reading suggests increased market volatility.
  • Bob Hoye is most bullish on the PMs mining / exploration sector; by monitoring the earnings on the gold mining shares, investors can identify prospects with huge potential.
  • The host and guest concur; the technical / sentiment indicators confirm solid underlying strength in US shares.

Bob Hoye of Institutional Advisors rejoins the show with key gold / silver market insights; the gold / silver ratio (GS) offers investors a rare glimpse into future price movements. When the GS or metallic credit spread, climbs, financial markets tend to swoon - the latest reading suggests increased market volatility. Bob Hoye is most bullish on the PMs mining / exploration sector; by monitoring the earnings on the gold mining shares, investors can identify prospects with huge potential. The host and guest concur; the technical / sentiment indicators confirm solid underlying strength in US shares.

Chris Martenson Ph.D. & Chris Waltzek Ph.D. - May 4, 2017.

Highlights

  • Chris Martenson from PeakProsperity.com returns to the show, author of the must read book, Prosper!.
  • The guest / host concur, the Great Recession of 2008 never ended; policymakers merely delayed the inevitable day of economic reckoning.
  • His sources indicate that Fed insiders are de facto manipulating the CME futures markets via colocation near the exchanges.
  • Although the precious metals markets have corrected ahead of Fed rate hikes, liquidity actually expanded with approximately $5 billion directed to banks.
  • The USD/JPN currency pair has an approximate 85% correlation with the gold price, offering speculators a potentially lucrative arbitrage opportunity.
  • The precious metals markets may be on the cusp of exciting times amid record demand / supply conditions.
  • Chris Martenson is equally encouraged by severe supply shortfalls in silver output, further evidence supporting the potential for explosive gains.
  • Our guest presents compelling evidence of declining oil discoveries beginning in 2014, leading to shortages by 2018.
  • Expect a rare opportunity to purchase high yielding energy royalty shares at relative discounts.
  • The crude oil sector represents a potential value; OPEC nations continue to flood the market with every available source.
  • Given the cost of $100-$125 per barrel through deep water drilling, the guest / host share an oil price target of $75-$100+.
  • One key caveat: if the economic boom in China slows significantly, demand for crude could experience a temporary pause.
  • Key takeaway: given the expected oil supply shortfall over the next three years, making the purchase of related shares, advisable.

Chris Martenson from PeakProsperity.com returns to the show, author of the must read book, Prosper!. Chris Martenson and the host concur, the Great Recession of 2008 never ended; policymakers merely delayed the inevitable day of economic reckoning. His sources indicate that Fed insiders are de facto manipulating the CME futures markets via colocation near the exchanges through preferred pricing adjustments from exchange officials. Although the precious metals markets have corrected ahead of Fed rate hikes, liquidity actually expanded with approximately $5 billion annually directed to the major money center banks, creating the perfect world for gold / silver profits. Evidently, the USD/JPN currency pair has an approximate 85% correlation with the gold price, offering speculators a potentially lucrative arbitrage opportunity. The precious metals markets may be on the cusp of exciting times amid record demand / supply conditions, given that the 1,000-2,000+ ton annual mining deficit is satisfied by bullion from Western vaults. Chris Martenson is equally encouraged by severe supply shortfalls in silver output, further evidence supporting the potential for explosive gains. Our guest presents compelling evidence of declining oil discoveries beginning in 2014, leading to shortages by 2018, resulting in a remarkable opportunity to purchase high yielding energy royalty shares at relative discounts. The crude oil sector represents a potential value; OPEC nations continue to flood the market with every available source, barely capable of meeting insatiable demand for black gold. Given the cost of $100-$125 per barrel through deep water drilling, the guest / host share an oil price target of $75-$100+, with one key caveat: if the economic boom in China slows significantly, demand for crude could experience a temporary pause. Key takeaway: given the expected oil supply shortfall over the next three years, makes accumulating related shares, advisable.

Michael Eastham & Chris Waltzek Ph.D. - May 3, 2017.

*

Mp3 format.

 

 

Highlights

  • Michael Eastham, Founder and President of Fellowship Financial Group and author of Common-Sense Income Strategies, makes his debut on Goldseek.
  • As investors approach the age of 50, their focus should shift away from capital performance to income maximization.
  • Our guest guides clients away from market timing approaches in favor of solid, reliable income strategies.
  • Investors under 50 typically can afford the luxury of higher risk investments, but as retirement approaches the odds of recouping ill-timed investments, dwindles.
  • Developing a 4-7% dividend stream facilitates a comfortable retirement, bypassing the urge to gamble via risky shares.
  • Readers are encouraged to download Michael Eastham's must read investing paper, The Red Zone of Retirement, in PDF format.
  • The duo discuss methods to boost passive, dividend income in the precious metals sector.

Michael Eastham, Founder and President of Fellowship Financial Group and author of Common-Sense Income Strategies, makes his debut on Goldseek. Investors under 50 typically can afford the luxury of higher risk investments, but as retirement approaches the odds of recouping ill-timed investment losses dwindles. Our guest discourages market timing approaches in favor of solid, reliable income strategies. As investors approach the age of 50, focus should shift away from capital performance to income maximization. By way of a 4-7% dividend stream, investors can retire comfortably without gambling via risky shares. Readers are encouraged to download Michael Eastham's must read investing paper, The Red Zone of Retirement, in PDF format. The duo discuss methods to boost passive, dividend income in the precious metals sector.

Michael Pento & Chris Waltzek Ph.D. - April 27, 2017.

*

Mp3 format.

Highlights

  • Michael Pento, President and Founder of Pento Portfolio Strategies makes his debut on Goldseek.com Radio.
  • Fed policymakers are bluffing on rate hikes - their true intention is rate cuts, amid 350% national debt per GNP.
  • "The Fed will never again be able to normalize interest rates (allow to climb significantly) without sending the economy into a tailspin."
  • "The Fed has already tightened enough to send the economy (domestic) into a recession."
  • Officials no longer have the luxury of low interest rates after holding rates low for 100 months (8+ years).
  • According to the Atlanta Fed's numbers, the economy is approaching recessionary GDP - Michael Pento anticipates a recession in 2017.
  • While the official US unemployment rate, the U3 suggests near full-employment, the more accurate / traditional metric, the U6 is ominous.
  • The U6 indicates nearly 100 million Americans are underemployed.
  • The next economic dominos to fall could be China the EU and Japan, with debt climbing four times the GDP rate in China.
  • Equities investors are advised to take note - earnings are comparable to 2014 - little forward progress has occurred since then.
  • Key takeaway point: gold investors are advised to watch for an inversion of the yield curve, indicating a major new trend is likely.
  • The yield curve inverted ahead of the 2008 Great Recession and will likely come to pass before the next inevitable / economic cataclysm.
  • Our guest anticipates the next recession will result in the sharpest decline in economic output since the Great Depression.
  • Negative real interest rates will eventually accelerate the velocity of money, a hallmark of ruinous galloping inflation.
  • Once the process gains momentum, policymakers will manage the debt by allowing the US dollar to decline against rival currencies.
  • To compensate for the ensuing economic chaos, policymakers are preparing the global populace via legislation for Minimum Standard of Living payments.
  • Our guest suggests increasing gold bullion exposure to 10-20% by late 2017.

Michael Pento, President and Founder of Pento Portfolio Strategies makes his debut on Goldseek.com Radio. Fed policymakers are bluffing on rate hikes, hiding their true intention of rate cuts, amid 350% national debt per GNP, mirroring the conditions ahead of the last recession in 2007. Our guest notes, "The Fed will never again be able to normalize interest rates (allow to climb significantly) without sending the economy into a tailspin... The Fed has already tightened enough to send the economy (domestic) into a recession." Officials no longer have the luxury of low interest rates after holding rates low for 100 months (8+ years). Meanwhile, according to the Atlanta Fed's numbers, the economy is approaching recessionary GDP levels - Michael Pento anticipates a recession will unfold in 2017, forestalling the Fed's plans to unwind their over $4 trillion balance sheet of toxic MBS. While the official US unemployment rate, the U3 suggests near full-employment, the more accurate / traditional U6 indicates nearly 100 million Americans are underemployed. In addition, our guest suggests that the next economic dominos to fall could be China the EU and Japan, with debt climbing four times the GDP rate in China while the respective nations are similarly saddled. Equities investors are advised to take note - corporate earnings are comparable to 2014 - little forward progress has occurred since then. Key takeaway point: gold investors should watch for a yield curve inversion, indicating a major new trend is likely. This sign occurred before the 2008 Great Recession and will likely come to pass before the inevitable / economic cataclysm. Given that the last economic downturn required the most QE operations in economic history to sidestep a meltdown, our guest anticipates the next recession will result in the sharpest decline in economic output since the Great Depression. The global trend towards negative savings rates means that capital cannot be hoarded en mass. Negative real interest rates will eventually accelerate the velocity of money; the hallmark of ruinous galloping inflation. Once the process gains momentum, policymakers will attempt to manage the debt by allowing the US dollar to decline against rival currencies, adding more toxic debt to the already bloated Fed balance sheet via orchestrated helicopter drops. To compensate for the ensuing economic chaos, policymakers are preparing the global populace via legislation for a Minimum Standard of Living payments, where governments around the globe will send money directly to citizens. Therefore, our guest suggests that every investor increase gold bullion exposure to 10-20% no later than 2017.

Gerald Celente & Chris Waltzek Ph.D. - April 26, 2017.

*

Mp3 format.

Highlights

  • Head of the Trends Research Institute, Gerald Celente returns with comments on gold and US equities.
  • Geopolitical events are escalating amid saber rattling with Syria and North Korea.
  • Such events oftentimes result in market trends with key implications for global investors.
  • Although the post-election rally in US shares is impressive, a reaction is necessary to sustain the upward momentum.
  • With sluggish retail sales via the "Retail Apocalypse," Wall Street may continue to rally while Main Street stagnates.
  • Global currency volatility is improving the appeal of alternatives, such as gold and Bitcoin
  • Once the yellow metal crosses $1,400, Gerald Celente anticipates a new bull rally will drive the precious metal above the former 2011 peak to $2,000.
  • The Trends Journal compares cannabis legalization to 1933 and the end of prohibition.
  • Canada recently decriminalized cannabis and many US states allow recreational / medicinal usage.
  • Colorado is earning more tax revenue on a medicinal herb than on toxic potent potables.
  • Gerald Celente and the host question why yet another tiny impoverished county is the target of the world's most potent military force.

At the helm of the Trends Research Institute, Gerald Celente returns with comments on gold and US equities. Geopolitical events are escalating amid saber rattling with Syria and North Korea - such events oftentimes result in market trends with key implications for global investors. Although the post-election rally in US shares is impressive, a reaction is necessary to sustain the upward momentum. Still, with sluggish retail sales via the "Retail Apocalypse," Wall Street may continue to rally while Main Street stagnates. Global currency volatility is improving the appeal of alternatives, such as gold and Bitcoin Once the yellow metal crosses $1,400, Gerald Celente anticipates a new bull rally will drive the precious metal above the former 2011 peak to $2,000 an ounce. The Trends Journal compares cannabis legalization to 1933 and the end of prohibition. For instance, Canada recently decriminalized cannabis and many US states allow recreational / medicinal usage. Colorado is earning more tax revenue on a medicinal herb than on toxic potent potables. Gerald Celente and the host question why yet another tiny impoverished county with millions of starving, honest, hardworking souls, is the target of the world's most potent military force.

Chris Powell & Chris Waltzek - April 20, 2017.

*

Mp3 format.

Highlights

  • Chris Powell outlines the documented PMs market rigging / manipulation.
  • Key investment banks settled nearly $100 million in combined gold and silver manipulation settlements.
  • According to GATA.org's findings, our officials have carte blanch authority to rig the markets in any way they see fit and by any means necessary.
  • Without price transparency, free markets cannot exist.
  • The duo examine the impact of their machinations, questioning if any investor can avoid the impact of price rigging.
  • One of GATA.org's sources reveals that the central banks of central banks, the Bank of International Settlements (BIS) actively rigs the gold market.
  • Not the fox but the lion guards the hen house.
  • Koos Jansen, financial journalist Guillermo Barba and other researchers lead the charge by questioning global central banks about their gold reserves.
  • In 1998, Dr. Alan Greenspan testified before Congress that the Fed and their counterparts rig the gold market to the benefit of global society.
  • Despite the best efforts of Indian government officials, 1 billion citizens refused to turn over their 24,000 tons of gold holdings.
  • Please support the service through generous donations.

Chris Powell outlines the documented PMs market rigging / manipulation. Key investment banks settled nearly $100 million in combined gold and silver manipulation settlements. According to GATA.org's findings, our officials have carte blanch authority to rig the markets in any way they see fit and by any means necessary. Without price transparency, free markets cannot exist; the duo examine the impact of their machinations, questioning if any investor can avoid the impact of price rigging. One of GATA.org's sources reveals that the central banks of central banks, the Bank of International Settlements (BIS) actively rigs the gold market on the behalf of their colleagues, worldwide, to wit, not the fox but the lion guards the hen house. Koos Jansen, financial journalist Guillermo Barba and other researchers lead the charge by questioning global central banks about their gold reserves. In 1998, Dr. Alan Greenspan testified before Congress that the Fed and their counterparts rig the gold market to the benefit of global society. Despite the best efforts of Indian government officials, 1 billion citizens refused to turn over their 24,000 tons of gold holdings (compare that with the largest national reserve, the US stockpile of only 10,000 tons) in exchange for flimsy paper promises. Given that every investor with a modicum of gold / silver exposure owes a debt of gratitude to GATA.org for exposing the PMs rigging schemes, please support the service through generous donations.

NUGGET ARCHIVES: 2017a 2016c 2016b 2016a 2015c 2015b 2015a 2014 2007-2013

*Note. Audio player powered by Podbean.com, all rights reserved.

**Image courtesey of Google.com image search.

2006-2015 radio.goldseek.com, Gold Seek LLC, Chris Waltzek Ph.D.