Spectiv
is at the cutting edge of 3D / Virtual
Reality (VR) phenomenon, the future
of YouTube video and gaming.
VR
is considered by many technologists
as one of the most important sectors
of the next 10 years.
Proviso
- listener's are advised that audio
quality was degraded on this conference
call due to unforeseen technical issues.
Using
Occulus VR technology, Spectiv facilitates
mainstream adoption for all user levels,
from novice to expert, helping anyone
to create realistic content with minimal
technical skills.
Formerly
the exclusive domain of deep pocketed
firms like Lucus Films and the Discovery
Channel, VR will soon be available to
everyone.
The
Spectiv team is positioning the platform
for universal mass adoption of exciting
services, such as a Pay-Per-View-VR
and "The YouTube... Netflix of
VR."
Although
VR hardware has not yet reached wide-scale
affordability, at around $400-500, lower
priced mobile VR devices are
gaining broad acceptance.
The
team mission includes bringing every
conceivable experience possible to the
home / office user worldwide.
Suddenly
anyone from Butte Montana to Mexico
City and around the globe can enjoy
a scenic boat ride through the channels
of majestic Venice, Italy.
Similar to the hit movies, Blade Runner,
Johnny
Mnemonic and Zero Theorem, commercial
applications include VR advertising
and promotional campaigns.
Restaurant
customers could purchase cuisine with
far greater detail, ordering Asian takeout
in 3D.
The
Spectiv app could gain wide acceptance
via downloading and integration via
Amazon's Fire Stick, the must
have, inexpensive media device for every
household.
The
host applauds Amazon for the Fire Stick,
which offers realistic gaming / internet
movie streaming and web browsing for
as little as $24.
The
team lifted the bar via the new standard
in home entertainment, economically
priced for all global inhabitants (Figure
1.1.).
Mirroring
the success of Google's search algorithm,
Spectiv plans to implement a cryptocurrency
app, an Ethereum based ERC-20 token.
The token earns digital money by sharing
opinions on digital video content, further
encouraging developers to produce high
quality video to improve the edjutainment
aspects of VR.
By
maximizing the benefit of the three
key parties, the content / video creator,
the viewer and the advertisers, the
most appropriately tailored content
is maximized for everyone.
Spectiv
CEO Dylan Senter and his colleague Nick
make their show début appearances.
Spectiv is at the cutting edge of 3D /
Virtual Reality (VR) phenomenon, the future
of YouTube video and gaming and considered
by many technologists as one of the most
important sectors of the next 10 years.
Proviso - listener's are advised that
audio quality was degraded on this conference
call due to unforeseen technical issues.
Using Occulus VR technology, Spectiv facilitates
mainstream adoption for all user levels,
from novice to expert, helping anyone
to create realistic content with minimal
technical skills. Formerly the exclusive
domain of deep pocketed firms like Lucus
Films and the Discovery Channel, VR will
soon be available to everyone. The Spectiv
team is positioning the platform for universal
mass adoption of exciting services, such
as a Pay-Per-View-VR and "The YouTube...
Netflix of VR." Although VR hardware
has not yet reached wide-scale affordability,
at around $400-500, lower priced mobile
VR devices are gaining broad acceptance,
opening up an intriguing market to well-positioned
firms, like Spectiv. The team mission
includes bringing every conceivable experience
possible to the home / office user worldwide
- suddenly anyone in Butte Montana to
Mexico City and around the globe can enjoy
a scenic boat ride through the channels
of majestic Venice, Italy or take a bicycle
ride along the Great Wall of China, even
follow in the footsteps of Neil Armstrong
on the Moon. In true Dickensian / Gibsonian
style (Philip K. Dick and William Gibson),
similar to the hit movies, Blade Runner,
Johnny
Mnemonic and Zero Theorem, commercial
applications include VR advertising and
promotional campaigns. In addition, restaurant
customers could purchase cuisine with
far greater detail, ordering Asian takeout
in 3D. The Spectiv app could gain wide
acceptance via downloading and integration
via Amazon's Fire Stick, the must
have, inexpensive media device for every
household. The host applauds Amazon for
the Fire Stick, which offers realistic
gaming / internet movie streaming and
web browsing for as little as $24 - the
team lifted the bar via the new standard
in home entertainment, economically priced
for all global inhabitants. Mirroring
the success of Google's search algorithm,
Spectiv plans to implement a cryptocurrency
app, an Ethereum based ERC-20 token that
facilitates viewers to earn digital money
by sharing opinions on digital video content,
further encouraging developers to produce
high quality video to improve the edjutainment
aspects of VR. By maximizing the benefit
of the three key parties, the content
/ video creator, the viewer and the advertisers,
the most appropriately tailored content
is maximized for everyone.
Bill
Murphy & Chris
Waltzek Ph.D. - November 30, 2017.
Bill
Murphy of GATA.org, returns
to the show with an upbeat outlook on the PMs sector for
the new year.
Gold
and silver remain the most overlooked and undervalued asset
class, due in no small part to the gold cartel's machinations.
The
pendulum could soon swing in the other direction as leverage
on the short side of the trade reverses course propelling
the PMs prices to unforeseen levels.
The
startlingly accurate work of Clif High, suggests a Bitcoin
like price ascent in the silver market in 2018.
Bill
Murphy of GATA.org, returns
to the show with an upbeat outlook on the PMs sector for
the new year. Gold and silver remain the most overlooked
and undervalued asset class, due in no small part to the
gold cartel's machinations. The pendulum will soon swing
in the other direction as leverage on the short side of
the trade reverses course propelling the PMs prices to unforeseen
levels. Case in point, the startlingly accurate work of
Clif High, suggests a Bitcoin like price ascent in the silver
market in 2018. In a similar vein, the much anticipated
/ maligned B2X, Segwit2x coin soared from under $200
when it was first posted on this page to over $1,100
and will finally split on early Thursday morning, around
5.30 a.m. +/- a few hours. A countdown
timer offers investors an improved opportunity to split
their BTC from the new B2X coins. HitBTC has plans to split
the tokens for investors, facilitating nearly immediate
trading for those inclined to lock in profits quickly -
100% of earlier forks dropped 80-90% following the split
date. B2X is a mineable token, similar to Bitcoin-Gold (BTG)
a favorite mining coin of the host. Longtime show supporter,
Kenneth from Georgia relays a message that the recent interview
with Giovanni Lesna, the head of the Hedge ICO
(HDG) is treating investors to a holiday surprise as the
token is advancing sharply (The host does not hold a
personal position in HDG - the status of Goldseek tokens
is unknown). Bitcoin rebounded from recent lows ahead of
the B2X fork:
Richard
Daughty, "the angriest guy in economics, writer/publisher
of The Mogambo Guru economic newsletter says the stock / bond
markets are approaching bubble territory.
The
Mogambo Guru notes that central banks continue to prop up
the global housing, stock and bond markets awash in a sea
of interest rate sensitive derivatives.
The
US held a 3-10 billion ounce silver stockpile as a military
strategic reserve - all of the silver was used / sold, primarily
on the enormous uranium refining cyclotrons at Los Alamos.
Today,
only 1 billion ounces are believed to exist worldwide. As
global fiat money continues to be debased at a record pace
Our
guest insists that everyone must procure a healthy modicum
of physical gold and silver bullion.
Using
the market cap of the $7 trillion internet bubble and the
gold market as a guide and adjusting for price increases since
2000.
A
price of $1 million BTC gains support from several leading
investors / industry leaders (Figure 1.1.).
BTC could soar to a market cap of $50 trillion resulting in
a Bitcoin price of $1 million.
A
new Bitcoin forecasting model is presented, the No Bubble
Index (NBI).
The
NBI shows that the true bubble is in detractors insisting
that there's a Bitcoin bubble.
Until
the No Bubble Index, bubble bursts, BTC will remain a viable
investment.
Sipping
eggnog in front of a roaring fireplace, Richard
Daughty, "the angriest guy in economics,
writer/publisher of The Mogambo Guru economic
newsletter says the stock / bond markets are approaching
bubble territory, which will lead to the herd
to the underpriced PMs markets. The Mogambo Guru
notes that central banks continue to prop up the
global housing, stock and bond markets awash in
a sea of interest rate sensitive derivatives or
financial weapons of mass destruction. At one
point, the US held a 3-10 billion ounce silver
stockpile as a military strategic reserve - all
of the silver was used / sold, primarily on the
enormous uranium refining cyclotrons at Los Alamos
/ Oakridge. Today, only 1 billion ounces are believed
to exist worldwide. As global fiat money continues
to be debased at a record pace, the Mogambo insists
that everyone must procure a healthy modicum of
physical gold and silver bullion. Using the market
cap of the $7 trillion internet bubble and the
gold market as a guide and adjusting for price
increases since 2000, BTC could soar to a market
cap of $50 trillion resulting in a Bitcoin price
of $1 million:
$7
trillion market cap x 3 times the investors x
inflation since 2000 = $50 trillion = $1M BTC
$1
million BTC gains support from several leading
investors / industry leaders (Figure 1.1.). The
host developed a new Bitcoin forecasting model,
The No Bubble Index. The concept is simple, the
true bubble is in detractors insisting that there's
a Bitcoin bubble. Until the No-Bubble Index bubble
bursts, BTC will remain a viable investment.
Bitcoin / altcoin miners are literally printing money,
with the expressed blessings of the Fed / Treasury,
as authorities in their hubris consider cryptos to be
a commodity.
Both the guest / host concur that the PMs offer solid
relative values, with silver the more enticing of the
two.
The
TEZOS ICO with a minimum investment of $250 recently
launched in pre-ICO skyrocketed to $12 (Figure 1.1.).
If
it opens anywhere near there, that is a 50 fold increase
in the $250 investment will be the outcome.
Futures
are trading on BitMEX for pennies using 100x's leverage
or no leverage at all, plus BitHTC.
Filled
with holiday cheer, Institutional
Advisors rejoins the show with comments on the
global financial bubble. The Dow could be approaching
an ultimate peak - current valuations are stretched
beyond those of the last equities market top of 2000.
Bitcoin
recently eclipsed the total value of Wal-mart,
which should make for enlightening discussion around
the holiday dinner table, only encouraging further
FOMO. As relatives learn that Junior, who still calls
the family household basement home, can now afford
to pay off mortgages of the entire neighborhood, a
big spike in popularity is anticipated. One compelling
BTC price estimate involves the cost
to mine a coin, $4,000 times the number of interested
investors worldwide, 450 million (150 million investors
in Europe, Asia and the US) divided by the number
of available coins, a 10 million float, given that
7 million BTC are currently held in stagnant wallets,
( $4,000 * 450M / 10M = $180,000). Gold
hedge funds are turning away from PMs to Bitcoin to
boost profits. Since the institutional money is
finally pouring into the BTC realm, will the herd
join the feeding frenzy, catapulting price into the
vicinity of $100k? Bitcoin / altcoin miners are literally
printing money, with the expressed blessings of the
Fed / Treasury, as authorities in their hubris consider
cryptos to be a commodity, not money. Both the guest
/ host concur that the PMs offer solid relative values,
with silver the more enticing of the two - both anticipate
a new bull market rally in the sector.
Byteball
(GBYTE) offers $800 in tokens just for linking your
BTC wallet to the free upcoming ICO.
Once
your Bitcoin (BTC) address is linked to your Byteball(GBYTE)
address, you will receive 62.5MB and 131,943,750
blackbytes for each 1BTC of the total balance of
this Bitcoin(BTC) address on June 09. There is no
minimum requirement as to how much Bitcoin you need
to hold as you get fractions of Byteball (GBYTE)
accordingly. there is a very small total supply
of 1,000,000 GBYTE and there is only around 19 %
(189,284 GBYTE) left in circulation. It also allows
P2P payments over chat, predictions markets, P2P
betting, etc. You
can find out more by visiting their website.
The
Warren Buffet of Silicon Valley, Tim Draper, venture
capitalist and the first to predict 100k BTC by
2018, who was laughed off several TV shows, as BTC
was around 100 dollars at the time, announced participation
in an ICO. The minimum investment was $250 resulted
in 525 shares. The share price is trading in pre-ICO
options, trading at $1-$2 for months. This week,
the pre-ICO skyrocketed to $12 (Figure 1.1.). If
it opens anywhere near there, that is a 50 fold
increase in the $250 investment will be the outcome.
Futures are trading on BitMEX
for pennies using 100x's leverage or no leverage
at all, plus BitHTC.
Figure
1.1. TEZOS pre-ICO futures on BitMEX
Note:
Graph prepared
by Chris G. Waltzek - courtesy of BitMEX.
John
Embry & Chris Waltzek Ph.D. - December 14th,
2017.
The cryptomarket
price explosion represents prima facie evidence of what the
gold crowd has known for decades - gold price suppression
fomented by the fiat money is doomed.
Case in
point, the upward eruption in BTC / ETH / LTC may represent
the petri dish model for the precious metals market.
One of
the more compelling arguments in favor of silver - the current
price is merely a few dollars above the mining expense per
ounce.
When combined
with the facts that its industrial applications are inelastic
and abysmal sentiment from a contrarian perspective the metal
could present a value opportunity.
According
to the World Gold Council, although silver is about 10 times
more abundant in the earth's crust, the stockpile of available
investment grade silver is actually half that of gold.
Silver
represents a short-squeeze candidate of epic proportions as
the supply of physical bullion is incapable of satisfying
potential short-covering demand.
Chris
welcomes back, John Embry, Senior Strategist at Sprott Asset Management. The cryptomarket
price explosion represents prima facie evidence of what
the gold crowd has known for decades - the gold price
suppression fomented by the fiat monetary system is
doomed. Case in point, the upward eruption in BTC /
ETH / LTC may represent the petri dish model for the
precious metals market. One of the more compelling arguments
in favor of silver - the current price is merely a few
dollars above the mining expense per ounce. When combined
with the facts that its industrial applications are
inelastic and abysmal sentiment from a contrarian perspective
the metal could present a remarkable value opportunity.
Moreover, according to the World Gold Council, although
silver is about 10 times more abundant in the earth's
crust, the stockpile of available investment grade silver
is actually half that of gold, making silver a short-squeeze
candidate of epic proportions as the supply of physical
bullion is incapable of satisfying potential short-covering
demand.
Charles
Hughes Smith & Chris Waltzek
Ph.D. - Dec. 13th, 2015.
Charles
Hughes Smith from the Of
Two Minds blog returns with commentary on the cryptocurrency
bonanza.
Real-world,
peer-to-peer Bitcoin applications yield exceptional utility
for all global inhabitants.
The
studio workstation recording the discussion offset the associated
electricity costs via mining Zcash 850 Sols / second.
The
mining operation is optimized for automatic coin switching
among dedicated servers to maximize the CUDA cores of both
GPUs.
While detractors find little value in BTC, clearly the digital
currency satisfies 4 of the most desirable characteristics
of gold, the King-of-currencies:
Store of value - similar to the finite number of gold
ounces above ground, BTC derives intrinsic value from trust
stemming from mathematics.
Divisibility
- BTC set the new standard in divisibility, arguably the most
divisible currency in monetary history.
Transferable
- BTC eclipses all earlier currencies / coins through the
instantaneous transferability to any place on the earth.
Security
- just as gold retains value in the close proximity of the
holder, BTC is storable in the human mind via private keys.
Peer-to-peer
networks bypass the archaic / draconian SWIFT system, returning
value to the participants.
The guest / host pose the questions to the listeners: Does
the crypto revolution represent a real-time, de facto failure
of global fiat currencies.
Where is the value creation in fiat money that can be generated
in infinite amounts, relative to bounded Bitcoin / Altcoin?
An
alternative to expensive crypto currency fees and delayed
times examined includes InterZone (ITZ), which costs a fraction
of a dollar, has nearly instantaneous truncations with virtually
non existent fees.
Charles
Hughes Smith from the Of
Two Minds blog returns with commentary on the cryptocurrency
bonanza, noting that real-world peer-to-peer Bitcoin applications
yield exceptional utility for all global inhabitants. The
studio workstation recording the discussion offset the associated
electricity costs via mining Zcash 850 Sols / second on 2
Nvidia GPUs by way of a ZOTAC 1060 and a GTX 1070 on a EVGA
Platinum 750 watt PSU. The mining operation is optimized for
automatic coin switching among dedicated servers to maximize
the CUDA cores of both GPUs, resulting with frictionless BTC
payouts. While detractors find little value in BTC, clearly
the digital currency satisfies 4 of the most desirable characteristics
of gold, the King-of-currencies:
1)
Store of value - similar to the finite number
of gold ounces above ground, thanks to the mythical
creator Satoshi Nakamoto, BTC derives intrinsic value
from trust stemming from mathematics, instead of the
traditional disembodies financial institution.
2.
Divisibility - BTC set the new standard in
divisibility, arguably the most divisible currency
in monetary history; as little as one Satoshi, .00000001
facilitates spending / savings.
3)
Transferable - BTC eclipses all earlier currencies
/ coins through the instantaneous transferability
to any place on the earth / moon and even the entire
universe! NASA scientists / engineers are encouraged
to send a few Satoshi to the Voyager 1 and 2 spacecraft's
as they exit the solar system, to encourage E.T. to
phone home.
4)
Security - just as gold retains value in the
close proximity of the holder, similar to memorizing
a Swiss bank account, BTC is storable in the human
mind via private keys.
Peer-to-peer
networks bypass the archaic / draconian SWIFT system,
returning value to the participants instead of transferring
enormous unearned sums to unscrupulous institutions
with dubious agendas. The guest / host pose the questions
to the listeners: Does the crypto revolution represent
a real-time, de facto failure of global fiat currencies
and where is the value creation in fiat money that
can be generated in infinite amounts, relative to
bounded Bitcoin / Altcoin? In addition, a key alternative
to expensive crypto currency fees and delayed times
examined includes InterZone (ITZ), which costs a fraction
of a dollar, has nearly instantaneous truncations
with virtually non existent fees.
Dan Norcini & Chris Waltzek Ph.D.
- December 7th, 2017.
With
the holidays just around the corner, Dan Norcini, a.k.a.,
Trader Dan returns
with his outlook on the commodities sector.
He
follows the money flows to decipher investor sentiment, such
as the Carry-trade that involves the USD/Yen.
When
the index is weak, sentiment is viewed as risk-on, favoring
gold and silver; when the USD/Yen index is strong, the risk-off
trade favors US equities.
The
accompanying chart indicates that investors turned to gold
in 2016 while avoiding US shares, as the USD/JPY ratio declined.
The
theme
reversed in 2017 as the USD/JPY firmed (figure 1.1).
The
host notes that the relationship breaks down out of sample,
such as the 2008 credit crisis (figure 1.2.).
Alternatively,
the 50 period MA in the weekly chart or 200 period MA in the
daily chart on S&P yields a nearly perfect relationship
out of sample (figure 1.3.).
In
addition, the Commitment of Traders report (COT) offers clues
by revealing the positions of the big players.
Our
guest is particularly keen on the prospects of the silver
market.
Regarding
Bitcoin (BTC), Peter Schiff notes, "... it (Bitcoin)
could grow to be the biggest bubble in the history of the
world..."
Bitcoin
and cryptos represent, "... an indictment of the Euro
and the Dollar... BTC could run to $20,000 on FOMO or fear
of missing out."
Merely
1% own BTC, 3 million - the potential for widespread adoption
combined with Metcalfe's Network Law.
Contrary
to naysayers, the true market bubble is clearly US shares,
implying much higher BTC / PMs prices, well over $100,000
to even $1,000,000 per BTC.
The
host finds BTC mining comparable to PMs mining, which also
requires tremendous energy expenditure, resulting in a unique
store of wealth.
BTC
continues to accumulate the brightest engineers / developers
and computer ASIC / Sha-236 hashing power.
The
net result is an unrivaled digital, peer-to-peer, monetary
system; a miraculous engineering feat.
While
the guest finds BTC mining amid elevated prices profitable,
the host notes lower prices effectively decrease mining difficulty
rates.
The
duo concur; everyone must procure PMs insurance to guard against
increasingly ominous financial conditions, worldwide.
Peter
Schiff calls for $5,000-$10,000 per ounce gold, similar to
BTC which is quickly approaching $15,000 (figure 1.1.).
The
topicality includes the importance of cold storage for BTC
and related Altcoins.
Goldseek
Radio is running a limited offer of 1 free BTC cold storage
wallet for each Annual Newsletter subscription, 2 for 5 years
and 3 for 10 years.
One
of the key advantages of cold storage is the convenient access
to funds, independent of broadband speed or PC / laptop issues.
New
subscribers receive their Ledger wallet sent immediately directly
from Amazon, which reduces tedious blockchain download delays
while vastly improving security.
As
the holiday season approaches, head of SchiffGold,
Euro Pacific Capital,
and Euro
Pacific Gold Fund (EPGFX) returns with glad
tidings for PMs investors - he's particularly keen on
silver's prospects. Regarding Bitcoin (BTC), Peter Schiff
notes, "... it (Bitcoin) could grow to be the biggest
bubble in the history of the world..." Bitcoin
and cryptos represent, "... an indictment of the
Euro and the Dollar... BTC could run to $20,000 on FOMO
or fear of missing out." Case in point, contrast
ownership in US shares by 50% of Americans, over 120
million with the merely 1% ownership of BTC, 3 million
- the potential for widespread adoption combined with
Metcalfe's Network Law (number of network users squared
times daily average transaction rate determines network
value) and the true market bubble is clearly US shares,
implying much higher BTC / PMs prices, well over $100,000
to even $1,000,000 per BTC. A lively discussion ensues
over the intrinsic value of BTC, while the guest finds
zero value in BTC mining, the host finds it comparable
to PMs mining, which also requires tremendous energy
expenditure, resulting in a unique and highly divisible
store of wealth. Just as enormous intellectual and physical
capital are required for successful gold / silver mining
operations, BTC continues to accumulate the brightest
engineers / developers and computer ASIC / Sha-236 hashing
power, resulting in an unrivaled digital, peer-to-peer,
monetary system, and an unregulated engineering miracle.
While the guest finds BTC mining amid elevated prices
profitable, the host notes lower prices effectively
decrease mining difficulty rates, making mining profitable
regardless of market volatility. Nevertheless, the duo
concur; everyone must procure PMs insurance to guard
against increasingly ominous financial conditions, worldwide.
Peter Schiff calls for $5,000-$10,000 per ounce gold,
similar to BTC which is quickly approaching $15,000
(figure 1.1.). The topicality includes the importance
of cold storage for BTC and related Altcoins. Goldseek
Radio is running a limited offer of 1 free BTC cold
storage wallet for each Annual Newsletter subscription,
2 for 5 years subscriptions and 3 for 10 year subscriptions.
One of the key advantages of cold storage is the convenient
access to funds, independent of broadband speed or PC
/ laptop issues. New subscribers receive their Ledger
wallet sent immediately directly from Amazon, which
reduces tedious blockchain download delays while vastly
improving security:
LIMITED
TIME!
Figure
1.1. The Amazing Ascent of Bitcoin
Note:
Graph prepared by Chris G. Waltzek - courtesy of Visual
Capitalist.
Bill
Murphy & Chris Waltzek
Ph.D. - November 30, 2017.
Recent comments from the CPM Group corroborate the notion;
silver could soar to nearly $40 in 2018 on "... tight
supply/demand conditions."
The
net impact of the aforementioned topics is leading to an imminent
upward price-explosion of unprecedented scale, perhaps similar
to the ascent of Bitcoin.
According
to Bill Murphy of GATA.org,
in the last four years the gold cartel has dropped
tons of precious metals on the market following
the Thanksgiving celebration. Nevertheless, the
overall market mechanics remain bullish amid solid
physical bullion sales. The discussion turns to
a recent article penned by Jim
Rickards, noting how the a global flight to quality
is adding support for the PMs sector, even the threat
of higher interest rates should not dissuade PM
investments. Bill Murphy has a slightly different
vantage point, noting that investors have finally
capitulated, by tossing out their valuable gold
investments preferring instead to chase momentum
based markets. The net result presents a remarkable
value opportunity for precious metals investors.
The
Fed chief Jerome Powell will likely follow the
previous Fed Chairwoman's lead, with a slightly
more dovish slant, raising rates at the Dec. FOMC
meeting and once more next year, to the benefit
of the PMs bulls. Bill Murphy note that on a relative
basis, "... gold and silver are by far the
cheapest assets on the planet..." A
recent article form Sprott Asset Management
supports the thesis, noting that gold has outperformed
even the S&P 500, when true price inflation
is included in the calculations. Recent comments
from the CPM Group corroborate the notion; silver
could soar to nearly $40 in 2018 amid the current,
"tight supply/demand conditions." The
net impact of the aforementioned topics is leading
to an imminent upward price-explosion of unprecedented
scale, perhaps similar to a parabolic Bitcoin-like
climb.
Hedge Token CCO Giovanni Lesna & Chris Waltzek
Ph.D. - November 29th, 2017. **
Hedge
Token (HDG) CCO Giovanni
Lesnamakes his show debut from his office in South
Africa.
Goldseeks
Peter Spina rates HDG as his top crypto candidate, an interesting
and unique hedging platform that seeks to enable everyone
to participate.
Just last week, during a phone discussion between the guest
/ host, Bitcoin was trading at $8,200, fast forward to this
week, Bitcoin touched $11,400!
HDG
plans to facilitate diversification of crypto assets, via
the Buchman Index, a basket of 30 cryptos.
The
index includes: BTC (20%), ETH (20%), BCH (14%) as well as
XMR and LTC (5%) (figure 1.1).
The
Buchman Index includes a broad array of crypto sectors,
Value
transfer; Gaming and Gambling; Media and Social; Anonymity;
Platform; and asset peg.
"If
China cannot contain Bitcoin, nothing will."
The
host speculates $40,000 BTC, $2,500 ETH are likely by the
end of 2018, $100,000 BTC, $10,000 ETH by 2019 and $250,000
BTC, $50,000 ETH by 2020.
The
guest concurs with the ETH estimate.
Assets
deemed risky, such as Bitconnect, are excluded from the HDG
portfolio. The diversification among assets such as BCH, offers
a beta-balancing, free lunch for investors.
HDG has a unique value building plan to emulate much of the
success of the Bitcoin ETF (GBTC) in the Altcoin domain, which
has increased 10X.
Although a correction to $7,900 BTC could come to pass at
any time, the duo agree that $15,000 is the next most likely
Bitcoin target.
Hedge
(HDG) CCO Giovanni
Lesnamakes his show debut from his office in South
Africa. Goldseeks Peter Spina rates HDG as his top crypto
candidate, an interestingand
unique hedging platform that seeks to enable everyone to participate
in the crypto markets in efficient and accessible fashion.
Just last week, during a phone discussion between the guest
/ host, Bitcoin was trading at $8,200, fast forward to this
week, Bitcoin touched $11,400! HDG plans to facilitate diversification
of crypto assets, via the Buchman Index, a basket of 30 cryptos
- 90% of total market cap., including several top digital
asset classes, including BTC (20%), ETH (20%), BCH (14%) as
well as XMR and LTC (5%) (figure 1.1). The
Buchman Index includes a broad array of crypto sectors, including
(figure 1.2):
a. Value transfer;
b. Gaming and Gambling;
c. Media and Social;
d. Anonymity;
e. Platform;
f. Asset peg;
g. Decentralized operations.
Given
recent comments from one the world's most successful investors,
"If China cannot contain Bitcoin, nothing will,"
if the current momentum continues, the host speculates
that $40,000 BTC, $2,500 ETH are likely by the end of
2018, $100,000 BTC, $10,000 ETH by 2019 and $250,000 BTC,
$50,000 ETH by 2020; the guest concurs with the ETH estimate.
Assets deemed risky, such as Bitconnect, are excluded
from the HDG portfolio. The diversification among assets
such as BCH, offers a beta-balancing, free lunch for investors.
HDG has a unique value building plan to emulate much of
the success of the Bitcoin ETF (GBTC) in the Altcoin domain,
which has increased 10X at least in approximately 12 months.
Although a correction to $7,900 BTC could come to pass
at any time, the duo agree that $15,000 is the next most
likely Bitcoin target.
Figure
1.1. Hedge Components Key Weights
Note:
Graph prepared by Chris G. Waltzek - courtesy of Hedge
Token.
Figure
1.2. Hedge Sector Composition
Note:
Graph prepared by Chris G. Waltzek - courtesy of Hedge
Token.
**
Note.Disclosure - Goldseek.com is
still in the due diligence phase with HDG. Employees were
not compensated in any capacity by HDG. This interview
is presented as informational / educational content and
must not be construed as investment advice or as an endorsement
of the HDG tokens. Goldseek.com LLC as the host cannot
accept liability for the outcome of any investment decision.
Crowdsales involve extreme volatility and higher than
typical risks. Goldseek.com employees reserve the right
to purchase tokens at their discretion.
Peter Grandich & Chris Waltzek Ph.D. - November
23rd, 2017.
Unlike
past market peaks, few investors may have time to recognize
/react to the hypothetical collapse.
The
once in a generation top could restore the reputation of PMs
as the de facto must-own asset class.
After
gold eclipses the $1,375 threshold, a new bull market could
propel the yellow metal to a new record.
The
host shares the opinion of Silver Whistleblower, Andrew Maguire.
The
Bitcoin / crypto domain appears to be paving the highway and
constructing the infrastructure for PMs.
Gold
and silver can thank crypto investors / developers / miners
in part, for Bitcoin-like price altitudes.
Cryptos
are disruptive to fiat money, the actual bubble, such
as related shares, bonds and housing.
As
fiat money loses its pervasive hegemony over global society,
PMs will emerge as de facto money.
The
PMs blockchain will enhance transparency, completing the impressive
work of Bitcoin aficionados.
Happy
Thanksgiving holiday to USA listeners! Peter Grandich
of Peter Grandich
and Company outlines a compelling case for a financial
bubble of epic proportions in US shares. Unlike past
market peaks, few investors may have time to recognize
and react to the hypothetical collapse. Nevertheless,
the once in a generation top could restore the reputation
of PMs as the de facto must-own asset class. Once gold
eclipses the $1,375 threshold, a new bull market could
propel the yellow metal to a new record high over $2,000.
The host shares the opinion of Silver Whistleblower,
Andrew Maguire; far from the antithesis / nemesis of
gold and silver, the Bitcoin / crypto domain appears
to be paving the highway and constructing the infrastructure
required for the PMs sector launch to Bitcoin-like altitudes.
Case in point, cryptos are so disruptive to fiat money,
the actual bubble, such as related shares, bonds
and housing, as fiat money loses its pervasive hegemony
over global society, PMs will emerge as de facto money
via blockchain, transparency, completing the impressive
work of Bitcoin aficionados. A cryptocurrency correlation
matrix indicates that BCH, GLD and SPY (likely BTG too)
make excellent hedges against Bitcoin volatility. Plus,
trend analysis via BTC daily returns and future projections
is presented (figure 1.2.).
Figure
1.1. Cryptocurrency Correlation Matrix
Note: Graph prepared by Chris G. Waltzek - courtesy
of Sifrdata.com.
Miles
Franklin employees the same auditing firm as the StreetTracks
GLD ETF.
Please
call his brokers or Andy directly (brokers direct line 1-800-822-8080;
Andy's mobile 1-612-290-2729).
Andy
Schectman of Miles
Franklin Institute (28 year old firm with $6 billion
in sales), and Goldseek Radio's new exclusive PMs
distributor / storage facility, outlines must hear
methods for avoiding the hurdles of purchasing and storing
PMs. Andy Schectman has identified a golden opportunity
to profit market anomalies, including the gold / silver
ratio of 70:1, which suggests the accumulation of silver
positions as well as with opportunities with platinum.
In addition, a rare, once in two decades opportunity
is presenting itself in the numismatics market, where
rare gold coins are selling at nearly 1:1 or the same
price as plain bullion coins of similar gold weight.
Miles Franklin is is currently positioning client accounts
to maximize the benefits of this anomaly. Protecting
client's best interests is the primary directive at
Miles Franklin, his firm requires mandatory background
checks and a large surety bond to shield clients from
potential counterparty risk. The Miles Franklin storage
program involves Canadian Brinks security, without percentage
of value fees, which shields clients from large price
increases. They offer a fully insured Brinks safety-deposit
box in Vancouver and Toronto - clients hold the only
key / spare with 24/7 access. FedEx air delivery is
also available (www.privatesafedepositboxes.net).
For extra security, Miles Franklin employees the same
auditing firm as the StreetTracks GLD ETF. Please call
his brokers or Andy directly (brokers direct line 1-800-822-8080;
Andy's mobile 1-612-290-2729).
John Williams & Chris Waltzek Ph.D. - November
16, 2017.
Alternative
economist, John Williams of Shadowstats.com
sees economic Armageddon on the horizon.
Over
$100 trillion in US obligations make maintaining the national
debt, impossible.
The
actual inflation rate that most people experience is much
higher than the official figure, which boosts revenues by
hundreds of billions of dollars.
Despite
protests to the contrary, the real unemployment rate remains
stubbornly elevated (Figure 1.1.).
Our
guest rejects the notion of domestic economic recovery - he
expects quantitative easing (QE) to resume with gusto, leading
to runaway inflation and elevated gold prices.
John
Williams anticipates dollar selling and weaker economic conditions
to send US share indexes lower in 2018.
Alternative
economist, John Williams of Shadowstats.com
sees economic Armageddon on the horizon, as over $100 trillion
in US obligations make maintaining the national debt, impossible.
The actual inflation rate that most people experience is
much higher than the official figure, which boosts revenues
by hundreds of billions of dollars. Despite protests to
the contrary, the actual unemployment rate remains stubbornly
elevated (Figure 1.1.). Our guest rejects the notion of
domestic economic recovery - he expects quantitative easing
(QE) to resume with gusto, leading to runaway inflation
and elevated gold prices. John Williams anticipates dollar
selling and weaker economic conditions to send US share
indexes lower in 2018.
Figure
1.1. Real Unemployment Rate vs. Official Rate
Note:
Graph prepared by Chris G. Waltzek - courtesy of Shadowstats.com.
Louis Navellier & Chris Waltzek Ph.D. - November
14th, 2017.
Louis
Navellier of Navellier
& Associates says investors should ignore the
naysayers, US equities will rally into the holiday season.
Investors
cannot shake their insatiable appetite for equities dividend
payments, creating a self-fulfilling prophecy of ever
higher prices.
The
flattening yield curve suggests that the upcoming FOMC
quarter point rate hike slated for December, will likely
be the last of the cycle.
Given
the host's forecast of 24,000 by 2018 and Louis Navellier's
growth estimate of 11%; upgrades are examined via the
Navellier
Rating Service.
Companies
reviewed include Insurance company Aflac, Prudential (PUK),
Bristol Myers (BMY)
and Phillips 66 (PSX)
as solid dividend paying candidates, and China's Twitter
company Weibo (WB)
(figure 1.1.).
Louis
Navellier advises each portfolio hold at least 4-8% gold
as a ballast to right the portfolio amid tepid financial
conditions.
Our
guest is concerned that extensive use of robotic trading
on Wall Street could lead to another 2015-style flash
crash.
Louis
Navellier of Navellier
& Associates says investors should ignore the
naysayers, US equities will continue to rally into Thanksgiving
and the Holidays on typical positive seasonal factors.
With the real rate of interest at or below zero amid elevated
corporate earnings and possibly the last Fed rate increase
at the upcoming Dec FOMC meeting, investors cannot shake
their insatiable appetite for equities dividend payments,
creating a self-fulfilling prophecy of ever higher prices.
Given the host's forecast of 24,000 by 2018 and Louis
Navellier's growth estimate of 11%, the duo exam several
stock upgrades from various sectors that recently climbed
from a hold to a buy rating on the Navellier
Rating Service. Companies reviewed include Insurance
company AFLAC, Prudential (PUK), Bristol Meyers Squib
dividend paying, Phillips 66 (PSX) is a solid dividend
paying candidate, and China's Twitter company Weibo (WB),
(figure 1.1.). The discussion turns to the gold market
- Louis Navellier advises each portfolio hold at least
4-8% gold as a ballast to right the portfolio amid tepid
financial conditions. Our guest is concerned that extensive
use of robotic trading on Wall Street could lead to another
2015-style flash crash, where automated trading resulted
in over a 30% intraday price swing and several companies
shares dropped 90% or more, only to rebound, stopping
out thousands of investors in the process. The flattening
yield curve suggests that the upcoming FOMC quarter point
rate hike slated for December, will likely be the last
of the cycle.
Figure
1.1. Navellier Growth Upgrades - Hold to Buy
Note: Graph prepared by Chris G.
Waltzek - courtesy of Navellier
Growth.
John Scurci & Chris G. Waltzek Ph.D. - November
9th, 2017.
"Blockchain
is here to stay and is truly innovative...
only 4% of BTC owners control 90% of the market cap."
Merely
21 million BTC will ever exist, millions have evaporated
or were lost on discarded hard drives, lost pass codes
and "dust."
100% of all BTC will be mined by 2040.
When
juxtaposed with the global reserve currency, BTC has obvious
appeal.
Segwit2X
(B2X) was canceled Wednesday night, reportedly due to
lack of consensus among the developers.
The
market response was abrupt and dramatic; BTC launched
to within earshot of $8,000 per coin, only to settle back
to the previous days lows. .
For
early BTC entrants who 10x'ed their initial investment,
locking in some profits to purchase discounted PM may
be advisable.
The duo concur, the PMs sector is under-owned and underpriced.
A
recent article illustrated gold's intrinsic value when
adjusted appropriately for real inflation, approaches
$15,000.
John
Scurci relays a humorous moniker for the yellow metal,
calling "Gold... the un-bubble asset."
Gold
remains the reserve asset of choice for central banks,
the engineers of monetary policy, which improves the appeal
of owning gold / BTC immensely.
Gold
/ BTC ownership is comparable to owning a mini central
bank.
While
fiat money is debt based, gold / BTC have zero entanglements
or liens, representing truly sound money.
The
discussion steers to the M1 Money Supply figure against
the S&P 500.
A
clear correlation to monetary expansion and soaring US
equities prices emerges within the St. Louis Fed's graph
(figure 1.1.).
John
Scurci, head of Corona
Associates Capital Management, outlines his analysis
of the cryptocurrency phenomenon, noting "Blockchain
is here to stay and is truly innovative." Nevertheless,
he notes that "... only 4% of BTC owners control
90% of the market cap." On the other hand, merely
21 million BTC will ever exist, millions have evaporated
or were lost on discarded hard drives, lost pass codes
and "dust", and 100% will be mined by 2040.
When juxtaposed with the global reserve currency, which
has lost 98% of its value in 100 years due to unlimited
supply constraints, BTC has obvious appeal. Segwit2X (B2X)
was canceled Wednesday night, reportedly due to lack of
consensus among the developers - the market response was
abrupt and dramatic; BTC launched to within earshot of
$8,000 per coin, only to settle back to the previous days
lows. For early BTC entrants who 10x'ed their initial
investment, locking in some profits to purchase discounted
gold / silver investments may represent a prudent relative
value. The duo concur, the PMs sector is under-owned and
underpriced; a recent article illustrated gold's intrinsic
value when adjusted appropriately for real inflation,
approaches $15,000. John Scurci relays a humorous moniker
for the yellow metal, calling "Gold... the un-bubble
asset." Gold remains the reserve asset of choice
for central banks, the engineers of monetary policy, which
improves the appeal of owning gold / BTC immensely as
it makes the owner a de facto, mini central bank. While
fiat money is debt based, gold / BTC have zero entanglements
or liens, representing truly sound money. The discussion
steers to the M1 Money Supply figure against the S&P
500; the clear correlation to monetary expansion and soaring
US equities prices is noteworthy (figure 1.1.).
Figure
1.1. St. Louis Fed - M1 Money Supply / S&P 500
Note: Graph prepared by Chris G.
Waltzek - courtesy of St.
Louis Fed.
Head
of the Trends Research
Institute,
Gerald Celente shares the hosts' enthusiasm for Bitcoin
and related Altcoins.
The
blockchain revolution presents a key portfolio candidate
for investors with a long-term focus.
He
outlines his personal Altcoin portfolio.
Cryptocoins
could be viewed as a safe harbor asset amid economic /
financial turmoil, similar to the PMs.
The
duo concur; investors are encouraged to dollar cost average
into the cryptocurrencies and PMs over months / years,
instead timing the market.
It
may be advisable to adhere to the established names in
the field when building a diversified crypto portfolio.
The
lead developers / venture capitalists gravitate to the
key projects.
A
hypothetical portfolio follows.
The
host identified a significant statistical correlation
that suggests one method to hedge BTC profits.
The
UUP ETF shares a -.89 correlation with BTC a small
LEAPS option position requires further analysis (figure
1.1.).
Head
of the Trends Research
Institute, Gerald Celente shares the hosts' enthusiasm
for Bitcoin and related Altcoins. The blockchain revolution
presents a key portfolio candidate for investors with
a long-term focus - he outlines his personal Altcoin portfolio.
Cryptocoins could be viewed as a safe harbor asset amid
economic / financial turmoil, similar to the PMs. The
duo concur; investors are encouraged to dollar cost average
into the cryptocurrencies / PMs over months / years, instead
of attempting to time the market. It may be advisable
to adhere to the established names in the field when building
a diversified crypto portfolio, as the lead developers
/ venture capitalists gravitate to the key projects. A
hypothetical portfolio includes the following symbols
(included for illustration purposes, not as investment
advice):
50%
BTC (beta +1.0),
10%
GLD (beta .60),
10%
ETH (beta .55),
10%
LTC (beta .60),
10%
BCC (beta .60),
5%
XMR (beta .40),
5%
UUP LEAPS (beta -.89).
The
host identified a reliable Bitcoin statistical correlation
that suggests one method to hedge BTC profits involves
the UUP ETF that shares a -.89 correlation with BTC
a small LEAPS option position in UUP requires further
analysis (figure 1.1.).
The
latest Listener's Q&A segment includes emails and
phone calls on various topics, from John, Kenneth and
Daniel.
A
the big top involves the imminent Bitcoin Hard Fork, SegWit2X
(B2X).
B2X
is a new blockchain that will fork or split away from
BTC around Nov. 14-16.
The
brainchild of Jeff Garzik, currently the lone B2X developer.
B2X
stands for segregated witness, a proposed upgrade to the
BTC blockchain that doubles or 2x's the block size.
While
B2X is a monumental task and potentially beneficial, the
event is not without detractors, including Roger Ver.
Roger
Ver vehemently opposes B2X, AKA"The Bitcoin Jesus"
makes a compelling case for BTC developers to focus instead
on lowering fees.
Ver
notes B2X offers a strategic advantage to alternative
cryptocurrencies, such as Litecoin (LTC), Dash (DSH) and
Monero (XMR).
The
first caller, John from San Diego is concerned about replay
attacks (losing Bitcoin / B2X) following the B2X event,
known as a snapshot.
Following
B2X snapshot, the threat of replay attacks (RA) is substantial,
if the newly airdropped B2X coins are not split from the
mirror BTC.
The
host suggests a novel solution to the RA issue, following
the guidelines supplied by the lead 10X developer.
The
best way to be 99% certain to retain both the BTC and
B2X, is to hold the BTC and private keys in cold storage
before and well after the B2X fork snapshot.
The
latest Listener's Q&A segment includes emails and
phone calls on various topics, from John, Kenneth and
Daniel, including the imminent Bitcoin Hard Fork, SegWit2X
(B2X). B2X is a new blockchain that will fork or split
away from BTC around Nov. 14-16. The brainchild of Jeff
Garzik, currently the lone B2X developer. B2X stands for
segregated witness, a proposed upgrade to the BTC blockchain
that doubles or 2x's the block size, in theory reducing
transaction fees and delays. While B2X is a monumental
task and potentially beneficial, the event is not without
detractors, including Roger Ver, who vehemently opposes
B2X. Roger Ver, "The Bitcoin Jesus" makes a
compelling case for BTC developers to focus instead on
lowering fees and transaction delays in a more dramatic
and timely fashion, to avoid granting a strategic advantage
to alternative cryptocurrencies, such as Litecoin (LTC),
Dash (DSH) and Monero (XMR). The first caller, John from
San Diego is concerned about replay attacks (losing Bitcoin
/ B2X) following the B2X event, known as a snapshot. Following
B2X snapshot, the threat of replay attacks (RA) is substantial,
if the newly airdropped B2X coins are not split from the
mirror BTC. The host suggests a novel solution to the
RA issue, following the guidelines supplied by the lead
10X developer. The best way to be 99% certain to retain
both the BTC and B2X, is to hold the BTC and private keys
in cold storage before and well after the B2X fork snapshot.
BTC
is poised to compete head to head as a global reserve
currency, potentially usurping at least 100 years
of draconian financial regulations and legislation.
In
a potentially ironic twist, the much maligned Bitcoin
may be paving the highways and building the bridges
to parabolic gains in PM.
Bit-coin of levity for enthusiasts follows.
For
20 years, Bill Murphy and Chris Powell of GATA.org
have lead the crusade for transparency with the gold
cartel. Bill Murphy returns with bullish commentary
on the precious metals sector and Bitcoin. A few months
earlier, Bitcoin enthusiasts were stunned / elated to
find the digital currency was at parity, with gold $1,250.
Today, Bitcoin is over 5 times the price of gold due
in part to the CME's
plans to list Bitcoin futures contracts by year end!
BTC is poised to compete head to head as a global reserve
currency, potentially usurping at least 100 years of
draconian financial regulations and legislative quagmires.
In a potentially ironic twist, the much maligned Bitcoin
may be paving the highways and building the bridges
to parabolic gains, in gold and silver investments.
A
Bit-coin of levity for enthusiasts:
A coder on a Bitcoin.com
panel posted on YouTube, was running an AI that
paints actual pictures and lists them for sale on eBay
without human interaction. Following the first big sale,
the coder typed to the AI, Youve made us
some Bitcoin, nice job... to which the AI retorted,
What do you mean, us?
The
upcoming gold
backed, Yuan-based oil contract, from China is threatening
the petrol-dollar arrangement, at least in Asia. In
addition, it could benefit gold aficionados, as the
PBoC must procure considerably larger stockpiles to
secure the contract. Our guest posits that the PMs will
break free from the cartel, once the physical bullion
market reestablishes itself as the de facto, price establishing
mechanism.
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Top Wall Street Chartered
Technical Analyst (CTA), Ralph Acampora of Altaira
Wealth Management,revered as "The
Godfather of Technical Analysis," returns.
Listeners / readers are encouraged
to sign up for to his free Twitter
account with and active subscriber base of 26,000+.
The Dow Jones Industrials
continues to barrel towards 24,000 as predicted by his
technical analysis.
Although still bullish on
America and US equities, several sectors have advanced
to parabolic like levels; chasing shares higher may
be inadvisable.
Our guest makes positive comments
on the utilities sector, which continues to post record
highs while offering a solid dividend yield.
Ralph Acampora outlines his
favorite investing tools in the arsenal, including MACD,
RSI and most importantly, trends.
Identifying the price bias
or trend oftentimes proves more challenging than expected,
as it's easier to recognize in the rear view mirror.
Our guest's preferred trend
identification method, which facilitated the recognition
of the most celebrated trend in American financial history
(figure 1.1.).
Top
Wall Street Chartered Technical Analyst (CTA), Ralph
Acampora of Altaira
Wealth Management,revered as "The
Godfather of Technical Analysis," returns. with
his outlook on US equities and the PMs. Listeners /
readers are urged to sign up for to his free Twitter
account with and active subscriber base of 26,000+.
The Dow Jones Industrials continues to barrel towards
24,000 as predicted by his technical analysis. Although
still bullish on America and US equities, several sectors
have advanced to parabolic like levels; chasing shares
higher may be inadvisable. Our guest makes positive
comments on the utilities sector, which continues to
post record highs while offering a solid dividend yield.
Ralph Acampora outlines his favorite investing tools
in the arsenal, including MACD, RSI and most importantly,
trends. Identifying the price bias or trend oftentimes
proves more challenging than expected, as it's easy
to recognize in the rear view mirror, but fraught with
hurdles in real-time. Our guest's preferred trend identification
method is the moving average crossover / MACD crossover,
which facilitated the recognition of the most celebrated
trend in American financial history (figure 1.1.).
Figure
1.1. Ralph Acampora's Tribute to Wall Street / Sistine
Chapel
Arch
Crawford, head of Crawford
Perspectives, discusses the worst natural disaster
in California history, the 2017 firestorm.
The
host proposes that 40 lives and 8,000 structures might
have been spared if clay / metal roof panels were required
by state building codes.
The
onus of most of the fires stemmed from smoldering embers
spread by the 40 mph gusts to adjacent roofs, where highly
flammable tar tiles quickly ignited.
Californian
officials are URGED to implement a statewide roofing upgrade.
Using
tax credits and incentives, clay tile roofs would protect
against future firestorms.
The
show dialogue turns to the Bitcoin miracle; much of the
recent strength is arguably due to accumulation ahead
of the upcoming Segwit2x Hard-Fork.
The
event is slated for mid-November; hard forks represent
a token dividend.
While
detractors cite the extreme volatility of Bitcoin, the
host refutes the argument.
The
king of cryptos differentiates itself in many ways from
traditional currencies, including divisibility down to
.00000001, as well as a nearly instantaneous transaction
rate, essentially eliminating most of the volatility issues.
Arch
Crawford, head of Crawford
Perspectives, discusses the worst natural disaster
in California history, the 2017 firestorm. The host proposes
that 40 lives and 8,000 structures might have been spared
if clay / terra cotta roofing panels were required by
state building codes. Case in point, the onus of most
of the fires stemmed from smoldering embers spread by
the 40 mph gusts to adjacent roofs, where highly flammable
tar tiles quickly ignited. Californian officials are URGED
to implement a statewide roofing upgrade, using tax credits
and incentives to protect against future firestorms. The
show dialogue turns to the Bitcoin miracle; much of the
recent strength is arguably due to accumulation ahead
of the upcoming Segwit2x Hard-Fork slated for mid-November;
hard forks represent a token dividend. While detractors
cite the extreme volatility of Bitcoin, the host refutes
the argument noting that the king of cryptos differentiates
itself in many ways from traditional currencies, including
divisibility down to .00000001, as well as a nearly instantaneous
transaction rate, essentially eliminating most of the
volatility issues.
Bob Hoye & Chris Waltzek Ph.D. - October 25, 2017.
Bob
Hoye of Institutional
Advisors rejoins the show with Part II on the Bitcoin
phenomenon.
According
to the mythical founder of Bitcoin, Satoshi Nakamoto,
in Bitcoin:
A Peer-to-Peer Electronic Cash System (2008), trust
in financial transactions was hijacked by the financial
intermediaries.
The
solution emerged from the elimination of the blockchain
signature / hashing system.
A simple way to view Bitcoin is a CPU powered network
where each node votes via CPU power to verify its block
in the block chain.
Antonopolous estimates that not even the computing power
/ financial resources of an entire superpower could falsify
a single transaction.
Antonopolous' defense of Bitcoin / Block chain is arguable
comparable to the Constitutional Convention of 1776 (figure
1.1.).
Although
an unpopular view, the host confirms the notion that Bitcoin
= Digital Gold, or a close facsimile.
For
the first time in 50 years of digital commerce an identical
contract or Bitcoin has a unique signature, emulating
the gold content of a coin.
In true Talebian fashion, the Bitcoin network is de facto
anti-fragile, i.e., similar to the internet / email, if
one node or several fail, the network is safe.
Based
loosely on Metcalfe's Law governing any digital network,
a unique Bitcoin valuation model emerges.
The
square of the number of users of ANY network times the
average transaction rate over the total users.
Given
the 4.2 million users, figure is squared it and multiplied
by the daily average transaction per block and voila,
near the current price.
To
identify a forecast, apply Google's Trend analysis to
anticipate the new number of Bitcoin Users, which reveals
that the number
doubles every year.
A basic BTC valuation model results in a 1$ million Bitcoin
price in 7 years.
Bob
Hoye of Institutional
Advisors rejoins the show with Part II on the Bitcoin
phenomenon. According to the mythical founder of Bitcoin,
Satoshi Nakamoto, in Bitcoin:
A Peer-to-Peer Electronic Cash System (2008), trust
in financial transactions was hijacked by the financial
intermediaries. The solution emerged from the elimination
of the blockchain signature / hashing system, which replaces
the need for costly, authoritarian, trust based, 3rd parties,
with a an efficient and low cost proof-of-work (PoW) system,
preventing double spending. A simple way to view Bitcoin
is a CPU powered network where each node votes via CPU
power to verify its block in the block chain; a virtually
hack proof system due to the enormous computing power
required to crack Bitcoin. Andreas Antonopolous estimates
that not even the computing power / financial resources
of an entire superpower could falsify a single transaction,
costing as much as $1 billion dollars, making it waste
of resources that could ironically otherwise create millions
of dollars mining Bitcoin. Antonopolous' defense of Bitcoin
/ Block chain is comparable, arguably to the Constitutional
Convention of 1776 (figure 1.1.). Although an unpopular
view, the host confirms the notion that Bitcoin = Digital
Gold, or a close facsimile. Case in point, for the first
time in 50 years of digital commerce an identical contract
or Bitcoin has a unique signature, emulating the gold
content while retaining individual characteristics of
a gold coin. In true Talebian fashion, the Bitcoin network
is de facto anti-fragile, i.e., similar to the internet
/ email, if one node or several fail, the network is easily
reestablished and functional. So in a perfect world, ceteris
paribus, what is a future price for BTC? Based loosely
on Metcalfe's Law governing any digital network, a unique
Bitcoin valuation model emerges: the square of the number
of users of ANY network times the average transaction
rate over the total users. Using the widely accepted Cambridge
University estimates of the number of Bitcoin users, the
mean value, 4.2 million people is squared it and multiplied
by the daily average transaction per block and voila,
near the current price. To identify a forecast, apply
Google's Trend analysis to anticipate the new number of
Bitcoin Users, which reveals that the number
doubles every year. Although price forecasts can
fail, due to slower user growth / transaction rates and
regulatory and competition adjustments if the current
trend persists, a most basic BTC valuation model results
in a 1$ million Bitcoin price in 7 years (this hypothesis
is purely speculative and should not be construed as investment
advice).
Figure
1.1. Antonopoulos' Declaration of Financial Independence
CTO Gabriele Rigo & Chris Waltzek - October 20,
2017.
Crowdsale
involve extreme volatility - it may be advisable to wait
until price volatility stops after an crowdsale before
considering a position.
Their
proof-of-performance (PoP) concept seems sound, somewhat
similar to the proof-of-work (PoW) of Komodo KMD.
The Rigo token will be mine-able, using economies of scale
to allow small investors with limited Ethereum (ETH) to
mine the tokens via pools. RigoBlock
Paper in .PDF format.
Our
featured guest plans to fulfill the aspiration of every
investor who dreams of running their own decentralized
hedge fund, head of RigoBlock,
CTO Gab Rigo makes his show debut. Gab Rigo hopes to help
every investor to achieve hedge fund-like success, personalized
hedge fund without the need for tedious / costly procedures
and requirements. Rigo Block disrupts traditional management
/ performance fees hedge fund fee structure via a token
incentive structure as well as the need for tedious coding
and blockchain expertise. The upcoming RigoBlock
crowdsale is highlighted by Smith - Crown, a solid
analytics firm. Crowdsale involve extreme volatility -
it may be advisable to wait until price volatility subsides
after a crowdsale before considering a position. Their
proof-of-performance (PoP) concept seems sound, somewhat
similar to the proof-of-work (PoW) of Komodo KMD, another
Smith-Crown crowdsale that is currently many multiples
above the crowdsale price. The Rigo token will be mine-able,
using economies of scale to allow small investors with
limited Ethereum (ETH) to mine the tokens via pools. RigoBlock
Paper in PDF format.
RigoBlock:
The Power of the Decentralized Hedge Fund at Your Fingertips.
RigoBlock
is a serverless decentralized application which leverages
the Ethereum blockchain and is the example of one of the
target use cases of Ethereum for extending to the masses
a product that so far has just been available to a few privileged
ones.
Note.Disclosure - Goldseek.com is
still in the due diligence phase concerning RigoBlock.
Employees were not compensated in any capacity by RigoBlock.
This interview is presented as informational / educational
content and must not be construed as investment advice
or as an endorsement of the RigoBlock tokens. Goldseek.com
LLC and the host cannot accept liability for the outcome
of any investment decision. crowdsales involve extreme
volatility - it may be advisable to wait until price volatility
stops after an crowdsale before considering a position.
Goldseek.com employees reserve the right to purchase tokens.
Harry S. Dent Jr. & Chris Waltzek - October 19,
2017.
At
ground zero in Puerto Rico Harry
S. Dent Jr. offers first hand perspective on the
plight of 3.4 million struggling in the wake of Maria.
Harry
Dent recalls a harrowing 15 hour ordeal amid Hurricane
Maria as he waited out the storm in his condo.
Goldseek.com
sent a small power inverter to facilitate laptop / mobile
usage.
Listener's
are asked to send care packages to PR.
Amazon.com
offers free shipping to the island for Prime members.
Dried foods, MREs, canned items, batteries and small rechargeable
solar items.
Our
guest views the US equities indexes as a financial bubble
looking for an opportunity to implode.
The
market could correct in similar fashion as in 1987 or
the 40% tech crash of 2000; investors may have little
warning if any to exit.
Harry S. Dent Jr. expects gold to shine brightly as the
investment du jour.
Bitcoin
wallets represent free checking accounts with near zero
fees, overdraft charges or chargebacks; a decentralized
and ideal monetary system.
Even
a cheap smartphone can provide free internet service without
any fees at a local WIFI establishment, such as a coffee
shop.
Billions
of global inhabitants now have access to free banking,
an instant checking / savings / investment account, and
income opportunities.
Tedious
and burdensome records / assets are migrating to the blockchain
domain, including insurance contracts, home / auto / boat
titles, gold, silver.
Bitcoin and altcoin offer a universe of employment opportunities
for blockchain aficionado / entrepreneurs.
On
the scene in Puerto Rico Harry
S. Dent Jr. offers first hand perspective on the
plight of 3.4 million inhabitants struggling to survive
with little if any power, basic utilities and provisions.
Still living without power, our guest recollects his harrowing
15 hour ordeal amid Hurricane Maria, waiting out the storm
in his condo - many adjacent units are sans windows. Goldseek.com
sent a small power inverter to facilitate laptop / mobile
usage. Listener's are asked to send care packages to PR
- Amazon.com offers free shipping to the island for Prime
members. Dried foods, MREs, canned items, batteries and
small rechargeable solar items are appreciated. Meanwhile,
our guest views US equities indexes as a financial bubble
looking for an opportunity to implode. In similar fashion
as the now infamous crash of 1987 or the 40% tech crash
of 2000, investors may have little warning if any to exit
the market before a 25%+ drop unfolds. Regardless of the
inflation / deflation debate, Harry S. Dent Jr. expects
gold to shine brightly as the investment du jour. The
discussion turns to Bitcoin and related altcoins, which
may represent a lower cost, faster and more secure means
of digital purchases. In addition, Bitcoin wallets are
actually free checking accounts with zero fees or overdraft
charges that cannot be overdrawn or involve chargebacks,
representing a decentralized, nearly perfect monetary
system, limited in supply and unbounded in scope. Case
in point - with the world on the cusp of a blockchain
revolution, even a discarded iPhone / Android offers free
internet service without any fees at a local WIFI establishment,
such as a coffee shop, granting any of the billions of
global inhabitants an instant checking / savings / investment
account and a means to earn income for survival via merely
scanning a QR code. Furthermore, tedious and burdensome
records / assets are migrating to the blockchain domain,
including real estate deeds, insurance contracts, home
/ auto / boat titles, gold, silver, hospital records,
eliminating waste and downtime while insuring better accuracy
at a fraction of the expense. Consequently, Bitcoin offers
a new universe of employment opportunities for blockchain
aficionado / entrepreneurs.
Record
debt levels, entitlement programs, crumbling domestic
infrastructure, social / political division and unfunded
pensions make US shares precarious.
The discussion includes the push for monetary independence
for the masses by silver coinage champion, Hugo
Salinas Price.
The
duo conjecture if US officials could will learn from the
event, by circulating a new batch of silver dimes, quarters
and half dollars, with higher face values.
Peak
gold and supply constraints could prove to be the key
impetus sending the metals skyward.
The
most recent CPI figure jumped above 2% to 2.2%, indicating
greater odds of higher prices / inflation, which tends
to coincide with stronger PMs prices.
Peter
Grandich offers key investment portfolio insights.
As
US equities continue to smash 120 year records, Peter
Grandich of Peter
Grandich and Company outlines the reasons for his
short position in US equities, including record debt levels,
entitlement programs, crumbling domestic infrastructure,
social / political division and unfunded pensions.
Peter
offers his book, FREE
to Goldseek listeners / readers - book testimonials
are found at
this link. The discussion includes the push by a handful
of champions of personal freedom, to revive sound money
systems, such
as Hugo Salinas Price's proposal to establish a silver
peso. The duo conjecture if US officials will learn
from the event, by circulating a new batch of silver dimes,
quarters and half dollars, but at much higher face values.
Peak gold and supply constraints could prove to be the
key impetus sending the metals skyward. Adding to upward
momentum, the most recent CPI figure leaped from 1.9%
to 2.2%, indicating greater odds of higher prices / inflation,
which tends to coincide with stronger PMs prices. Peter
Grandich offers key investment portfolio insights.
Goldseek's
Vanessa Spina (crypto / blockchain
expert / author / nutritionist) presents
her findings in Helsinki, via live-stream,
please forward to all of your technophile pals!
Bill
Murphy & Chris Waltzek Ph.D.
- October 12, 2017.
The
PTB cannot find a way to contain the viral Bitcoin / Blockchain
epidemic, as they have the PMs markets via paper money
schemes.
Once
the cryptospace is dominated by the big institutions,
interest will return to gold and silver in a big way.
Just
as Ethereum is arguably silver to the Bitcoin gold, silver
has great potential to leap suddenly to triple digits,
following the lead of Ethereum.
The
host speculates that the tipping point could unfold as
gold / silver assets migrate to the blockchain domain,
such as the upcoming OneGram crowdsale.
Bill
Murphy of GATA.org
returns with bullish commentary on Bitcoin and the precious
metals sector. Bill
Murphy clarifies news on China's in-ground gold reserves
figure that soared to 12,100 tons. The discussion
includes today's break above $5,200 Bitcoin - some top
analysts are calling for $7,000, while Cliff High makes
a plausible case
for $13,000 BTC in the coming months. The duo concur
with Rob Kirby's analysis - the PTB cannot find a way
to contain the viral Bitcoin / Blockchain epidemic, as
they have the PMs markets via paper money schemes. Once
the cryptospace is dominated by the big institutions,
interest will return to gold and silver in a big way.
Just as Ethereum is arguably silver to the Bitcoin gold,
silver has great potential to leap suddenly to triple
digits, following the lead of Ethereum. The host speculates
that the tipping point could unfold as gold / silver assets
migrate to the blockchain domain, such as the upcoming
OneGram crowdsale, a Smith-Crown startup.
Peter Schiff & Chris Waltzek Ph.D.
- October 11, 2017.
Our
guest owns a house and condo in Puerto Rico, where a direct
hit from CAT 4 Hurricane Maria plunged all 3.4 million
inhabitants into total darkness.
Hundreds
of thousands will require relocation.
The
discussion includes new national emergency in California
- wild fires have claimed at least 30 fatalities and hundreds
of missing persons.
The
string of natural disasters in 2017 illustrates the importance
for every household to prepare for unexpected events.
Peter Schiff is less concerned with the imminent rate
hike expected (87% odds) at the December FOMC meeting,
focussing instead on a potential QE.
Our
guest notes that regardless of manipulation schemes, inevitably
market forces will send the price back to it's natural,
higher level.
He
suggests 5-10% portfolio exposure to bullion and up to
20% in gold equities as a bare minimum, in a diversified
format.
The
host attempts to persuade the guest regarding the merits
of Bitcoin and related Altcoins as a digital currency
alternatives.
The
crypto-domain resembles the pre-bubble dot.com era - top
stars with solid first mover advantage and functionality
will thrive such as Bitcoin / Ethereum.
The
head of SchiffGold,
Euro Pacific Capital,
and Euro
Pacific Gold Fund (EPGFX), owns a house and condo
in Puerto Rico, where a direct hit from CAT 4 Hurricane
Maria plunged all 3.4 million inhabitants into total darkness
for up to 6 months - hundreds of thousands will require
relocation. In addition, the discussion includes new national
emergency in California - wild fires have claimed at least
30 fatalities, hundreds of missing persons, 4000 structures
were destroyed and billions in damages. The string of
natural disasters in 2017 illustrate the importance for
every household to prepare for unexpected power outages,
dislocations, food shortages, etc. Peter Schiff is less
concerned with the imminent rate hike expected (87% odds)
at the December FOMC meeting, focussing instead on a potential
quantitative easing, where Fed officials absorb toxic
MBS and Treasury debt to give the illusion of economic
prosperity. Meanwhile, China
announced plans to "compel" Saudi Arabia to
exchange oil for Yuan / gold, a big plus for the PMs
markets, an event Hugo
Salinas Price noted was world changing. In similar
fashion, Venezuela
just suggested a preference for the Ruble / Yuan over
the Greenback for energy trading. As the world turns to
alternative currencies, a watershed moment could unfold
for precious metals investors.
China stunned the world with news that official gold reserves
soared to 12,000 tons in-ground -
several sources speculate the actual figure is 20,000-30,000
tons, including friend of the show, Dr. Stephen Leeb.
Adding to the case for gold, market pundit, Dennis
Gartman recently announced that the BIS is attempting
to suppress the gold price. Our guest notes that regardless
of manipulation schemes, inevitably market forces will
send the price back to it's natural, higher level. He
suggests 5-10% portfolio exposure to bullion and up to
20% in gold equities as a bare minimum, in a diversified
format. The host attempts to persuade the guest regarding
the merits of Bitcoin and related Altcoins as a digital
currency alternatives, illustrating the crypto-domain
as the pre-bubble dot.com era - top stars with solid first
mover advantage and functionality will thrive such as
Bitcoin / Ethereum will survive emulating the success
of the early market entrants, Amazon / Netflix / Google,
etc.
Elliott
wave analysis suggests that Bitcoin (BTC) should retrace
from the recent $5,000 peak to at least $2,600.
Still,
the BTC rocketship could continue unabated skyward to
$10,000.
The
PTB will continue to struggle against cryptos as their
system unravels at an increasing pace.
The
Greenback is now jeopardized by the introduction of a
gold backed petrol contract in China.
The
petrol-dollar arrangement of 1974 must now compete in
the East with a petrol-gold-Yuan alternative.
Financial
bubbles are now the new norm, including junk bonds, US
equities, domestic real estate in Canada and even some
cryptocurrencies.
A
few legendary technophiles, such as John
McAfee and Marketwatch.com
are suggesting that Bitcoin could climb to a peak of at
least $500,000.
The
S&P has eclipsed year 2000 bubble levels by many metrics,
including P/E ratios and Bob Hoye's top indicators.
The
credit spread and yield curve remain positive, so equities
could continue to surprise on the upside, but the risk
offers a meager expected return.
Bob
Hoye of Institutional
Advisors rejoins the show with an update on the Bitcoin
phenomenon. For the first time in economic history, the
masses have a chance to grab the reigns of the money supply,
central banks are no longer required, at least in the
digital realm. While institutions such as JP Morgan spread
negative rhetoric on the cryptocurrencies, many
continue to secretly accumulate vast stockpiles of Bitcoin,
including JP Morgan. While Elliott wave analysis suggests
that Bitcoin should retrace from the recent $5,000 peak
to at least $2,600, perhaps even further, the rocketship
could continue unabated skyward to $10,000. Nevertheless,
the PTB will continue to struggle against cryptos as their
system unravels at an increasing pace. Similar to 1914
as the Pound Sterling began to wane as the de facto reserve
currency due in part to national debt accumulated from
two World Wars, the Greenback is now jeopardized by the
introduction of a gold backed petrol contract in China.
Ergo, the petrol-dollar arrangement of 1974 must now compete
in the East with a petrol-gold-Yuan alternative. Financial
bubbles are now the new norm, including junk bonds, US
equities, domestic real estate in Canada and even some
cryptocurrencies. A few legendary technophiles, such as
John
McAfee and Marketwatch.com
are suggesting that Bitcoin could climb to a peak of at
least $500,000, in three years time. The S&P has eclipsed
year 2000 bubble levels by many metrics, including P/E
ratios and Bob Hoye's top indicators. The credit spread
and yield curve remain positive, so equities could continue
to surprise on the upside, but the risk may not warrant
a meager expected return.
James
Rickards & Chris Waltzek Ph.D.
- October 4, 2017.
As
a key negotiator in the 1998 LTCM bailout and advisor
to the DoD / CIA / Los Alamos, James Rickards outlines
sophisticated analytical models.
Bayes'
Theorem, a conditional analysis method facilitates forecasting
the tipping point / phase transition of highly complex
systems.
The
global financial system nearly imploded in 1998, then
again in 2008; his models suggest that by 2018 a new financial
fiasco could materialize.
The
US Fed increased the balance sheet from $800 billion to
$4 trillion since 2009 while holding rates near zero for
6 years without normalizing.
The
operations exposed the world's most important CB vulnerable
to a new economic meltdown.
Once
the inevitable implosion begins in earnest, our guest
expects the IMF, the lender of last resort to distribute
its own currency, SDRs.
Similar
to Kurt Vonnegut's epic SciFi novel, Cat's Cradle (free
PDF) our guest draws parallels between Ice-9 and the
global economic system.
The
global economy could suddenly freeze up, with startling
implications for all 7 billion inhabitants.
The
seasoned lawyer confirms the suspicions of many, including
GATA.org, inadequate bullion exists to support the 1:100
gold to paper contracts.
James Rickards echoes the thoughts of several guests,
supporting the solid case for $10,000 gold and perhaps
much higher.
Policymakers
who believe the gold at Fort Knox / West Point / NY Fed
is sufficient to sustain the economy are mistaken.
The
stockpile is likely leveraged 10:1 or even 100:1, leaving
the US Treasury vulnerable to bankruptcy.
China
has plans to eclipse our national gold reserves via the
purchase of 3,000 tons of gold in the next 2 years, $130
billion, at the current price level.
Key
takeaway: it is advisable to procure precious metals and
related shares at current levels.
James
Rickards presents an overview of his Meragrim
private placement that uses the cutting edge AI from
IBM's Watson to predict / forecast essential
outcomes in the geopolitical arena (figure 1.1).
James
Rickards, best-selling author of The
New Case for Gold, of the private
placement, MERAGLIM and The
James Rickards Project, makes his show debut. As a
key negotiator in the 1998 LTCM bailout and advisor to
the DoD / CIA / Los Alamos, James Rickards employs sophisticated
analytical models, based on Bayes Theorem, a conditional
analysis method used for forecasting the tipping point
/ phase transition of highly complex systems, such as
weather patterns and financial markets. The global financial
system nearly imploded in 1998, then again in 2008; his
models suggest that by 2018 a new financial fiasco could
jeopardize the entire banking system, including the central
banks. The US Fed increased the balance sheet from $800
billion to $4 trillion since 2009 while holding rates
near zero for 6 years without normalizing, or unwinding
the QE operations, leaving the world's most important
CB vulnerable to a new economic meltdown. Once the inevitable
implosion begins in earnest, our guest expects the IMF,
the lender of last resort to distribute its own currency,
special drawing rights (SDRs) by the trillions to the
Fed, PBoC, ECB, BoJ and the BoE. In similar fashion as
Kurt Vonnegut's epic SciFi novel, Cat's Cradle (free
PDF) our guest draws parallels between Ice-9 and the
global economic system; the entire world economy could
freeze up suddenly with frightening implications for all
7 billion inhabitants. After spending years delving into
the minutiae of most gold lending contracts / arrangements,
the seasoned lawyer confirms the suspicions of many, including
GATA.org, there's inadequate physical bullion to support
the more than 1 : 100 paper gold contracts. James Rickards
echoes the thoughts of several guests, making a solid
case for $10,000 gold and perhaps much higher. Policymakers
who believe the gold at Fort Knox / West Point, NY Fed
is sufficient to sustain the economy are mistaken - the
stockpile is likely leveraged 10:1 or even 100:1, leaving
the US Treasury vulnerable to bankruptcy. China has plans
to eclipse our national gold reserves via the purchase
of 3,000 tons of gold in the next 2 years, $130 billion,
at the current price level. Key takeaway: it is advisable
to procure precious metals and related shares at current
levels as it may prove difficult, even impossible to do
so at reasonable prices in the not so distant horizon.
James Rickards presents an overview of his Meragrim
private placement that uses the cutting edge AI from
IBM's Watson to predict / forecast essential
outcomes in the geopolitical arena (figure 1.1).
Figure
1.1. IBM's Watson AI Supercomputer Beats Human Rivals
on Jeopardy
Note.Disclosure - Goldseek.com employees
were not compensated in any capacity by Meraglim. This
interview is presented as informational / educational
content and must not be construed as investment advice
or as an endorsement. Goldseek.com LLC and the host cannot
accept liability for the outcome of any investment decision.
Japan
is home to the largest Bitcoin market share, just over
50%.
Martin
Armstrong ofArmstrong
Economics, notes that capital flight continues
to plague the markets, as investors / institutions search
for safety and returns amid an economic environment of
negative interest rates and unfavorable investment conditions.
The Forecaster is one of the few guests to correctly identify
the US equities bull market - he expects the rally to
continue for years, perhaps as long as 2024, sending the
stock indexes to unimaginable heights, at least 25k on
the Dow Jones as long as the Dow continues to lead the
S&P 500 / Nasdaq. The discussion turns to the tragedy
in Puerto Rico, where 3.4 million souls have no power
and might remain without it for 4-6 months, 7,000 are
living in shelters and most homes are now uninhabitable
- the island requires massive emergency relief or many
will perish, according to media reports. The gold market
will inevitably move higher, but Martin Armstrong takes
a unique perspective on the impetus of the next gold market
rally - the US dollar could soar further than expected,
causing huge global currency imbalances, causing a flood
of funds to flood the yellow metal market. Armstrong makes
a dire prediction - 2018 could mark the year of the first
central bank default - the ECB owns approximately 40%
of the EU's toxic debt and offers negative interest rates,
the institution could go bankrupt as plans to contain
the debt via a consolidated CDO could backfire. As a result,
2018-2024 could be explosive years for the PMs. The
discussion includes the cryptocurrency sector - the
ECB admitted it is powerless to halt the Bitcoin revolution
and Japan announced plans for parallel yen / J-coin
currency by the 2020 Olympics. Japan is home to the largest
Bitcoin market share, just over 50%
Nick
Barisheff & Chris Waltzek Ph.D. - September 27,
2017.
Our
guest shares positive comments on the precious metals
sector.
As
digital security issues plague the modern financial system,
safe haven investing is becoming increasingly important
for every investor.
Readers
/ listener are advised to perform a free check to see
if their identity was stolen via the Equifax
Potential Impact Tool.
A
confluence of troubling security breaches worldwide might
prompt policymakers to adopt a global currency.
One
candidate for an alternative reserve currency is the Yuan,
convertible to gold, better facilitating crude oil / commerce
transactions.
Our
guest has identified a triple bubble in stocks / bonds
/ residential housing, where current share valuations
mirror those of the 1929 peak.
The risk of missing further gains in US equities pales
in comparison with the potential risk of loss.
Nick
Barisheff questions how markets will respond amid bear
market conditions, given the less than robust activity
during the current bull market.
The World Gold Council announced that gold production
has peaked - mines can no longer produce enough output
to increase the supply.
Given the $260 trillion in global financial assets and
that institutions own less than half a percent of PMs
and investors less than 1 percent, potential gains in
the comparably small $1 trillion PMs market could be startling.
Nick
Barisheff of Bullion
Management Group (BMG) and author of $10,000
Gold: Why Gold's Inevitable Rise Is the Investor's Safe
Haven (2013), returns with positive comments on the
precious metals sector. As digital security issues plague
the modern financial system, including the highly publicized
Equifax
database hack, which compromised half of America, 143
million clients, safe haven investing is becoming
increasingly important for every investor. Readers / listener
are advised to perform a free check to see if their information
was stolen via the Equifax
Potential Impact Tool (The host's account tested positive).
A confluence of troubling security breaches, worldwide
might prompt policymakers to adopt a global currency,
presenting potentially troubling news for advocates of
personal freedom. One candidate for an alternative reserve
currency is the Yuan that is convertible to gold, better
facilitating crude oil / commerce transactions. Our guest
has identified a triple bubble in stocks / bonds / residential
housing, where current share valuations mirror those of
the 1929 peak and the current threat is perhaps more ominous.
Moreover, the risk of missing further gains in US equities
pales in comparison with the potential risk of loss. Nick
Barisheff questions how markets will respond amid bear
market conditions, given the less than robust activity
during the current bull market. In addition, the World
Gold Council announced that gold production has peaked
- mines can no longer produce enough output to increase
the supply, but only add to dwindling stockpiles. Given
the $260 trillion in global financial assets and that
institutions own less than half a percent of PMs, investors
less than 1 percent, potential gains in the comparably
small $1 trillion PMs market could startle even the most
ardent gold aficionado as investors, institutions, pension
funds, hedge funds and even governments seek safe-haven
assets.
Andy Schectman & Chris Waltzek Ph.D. - Sept. 21,
2017.
Andy
Schectman of Miles
Franklin Institute (28 year old firm with $6 billion
in sales) rejoins the show.
He
outlines ways to avoid the hurdles of purchasing / storing
PMs.
His
firm requires mandatory background checks and a large
surety bond to protect clients from potential counterparty
risk.
The Miles Franklin storage program involves Canadian Brinks
security, without percentage of value fees, which shields
clients from large price increases.
They
offer a fully insured Brinks safety-deposit box in Vancouver
and Toronto - clients hold the only key / spare with 24/7
access.
For
extra security, Miles Franklin employees the same auditing
firm as the StreetTracks GLD ETF.
While
disseminating negative comments on silver, JP Morgan has
accumulated more than 4 times the silver stockpile of
the Hunt Brother's silver corner.
Commercial
banks like Citibank and related firms have accumulated
enormous hordes of gold, while US mint sales decline to
record lows.
Key
takeaway - the smart money continues to accumulate gold
and silver, including China, Russia, most central banks
and leading investment banks.
Andy
Schectman has identified a potentially profitable market
anomaly.
He
makes a generous offer to swap gold bullion
for BU Walking Liberties, a rare opportunity
to stack ounces and numismatics, simultaneously.
Please
call his brokers or Andy directly (brokers direct line
1-800-822-8080; Andy's mobile 1-612-290-2729).
Andy
Schectman of Miles
Franklin Institute (28 year old firm with $6 billion
in precious metals sales) outlines how to overcome the
hurdles associated with purchasing / storing PMs. His
firm is one of the only in the industry to require mandatory
background checks and a large surety bond to protect clients
from potential counterparty risk. The Miles Franklin storage
program involves Canadian Brinks security, with fixed
storage fees, which shields clients from large price increases.
Plus, in another first of its kind, they now offer a fully
insured Brinks safety deposit box in Vancouver and Toronto;
clients hold the only key / spare with access 24/7 and
FedEx air delivery (www.privatesafedepositboxes.net).
For extra security, Miles Franklin utilizes the same auditing
firm as the StreetTracks GLD ETF. In similar fashion as
Sun Tzu's teaching that all warfare is based on deception,
JP Morgan has accumulated more than 4 times the silver
stockpile of the infamous Hunt Brother's silver corner
of 1980, while disseminating negative comments on silver.
In addition, using the lull in PMs prices provided in
part by investor's passion for US equities, commercial
banks like Citibank have accumulated enormous hordes of
gold, just as US mint sales decline to record lows. Key
takeaway - the smart money continues to horde gold and
silver, including China, Russia, most central banks and
leading investment banks. It may be advisable to follow
their lead. Due to market manipulation Andy Schectman
has identified potentially profitable anomalies for investors,
including swapping gold for equal dollar amounts of silver,
which is relatively undervalued given the over 70:1 gold:silver
ratio; swapping palladium for platinum may also be advisable.
Miles Franklin makes the generous offer to Goldseek.com
listener's / subscribers to swap their gold bullion
for BU Walking Liberties representing a rare
opportunity to stack ounces and numismatics, providing
both gold and numismatic value and potentially favorable
tax implications. Our guest supplies the following contact
information: Miles Franklin brokers or Andy directly (broker's
direct line 1-800-822-8080; Andy's mobile 1-612-290-2729).
President Chris Blasi - Neptune Global & Chris
Waltzek Ph.D. - September 20, 2017.
In
2001 the precious metals sector entered a new secular
bull market that could extend 20-25 years, unlike the
decade long bull of the 1970's.
Via
1-2-3 wave analysis, the first wave completed in 2012
resulting in the 2nd cyclical-bear wave, paving the path
for the 3rd most forceful bull advance.
Unlike the 1970's, economic conditions have deteriorated
markedly with national debt recently topping $20 trillion.
The
confluence of serious socioeconomic issues vastly increases
the likelihood of stress on the domestic system, improving
the odds of PMs profits.
The
guest / host concur that PMs investments represent the
ideal panacea to survive and thrive the imminent financial
cataclysm.
Chris
Blasi questions the soundness of national pension funds
- investors are advised to make financial preparations,
independent of entitlement programs.
His
PMC ounce system
is a precious metals diversified-portfolio that lessons
volatility via weighted positions in silver, gold, platinum
and palladium.
The
blockchain revolution will continue to disrupt via decentralization,
creating entirely unique industries by eliminating wasteful
processes.
One
particularly appealing aspect of the cryptocurrency market,
the PTB find it challenging to manipulate the triple entry
accounting system.
The duo caution investors over the notion of Bitcoin as
digital gold.
Bitcoin represents the digital evolution of fiat money,
constraining supply while returning monetary control to
"We the people."
Chris
Blasi, President of Neptune
Global LLC makes his show debut. According to our
guest, in 2001 the precious metals sector entered a new
secular bull market that could extend 20-25 years, unlike
the decade long gold-bull market of the 1970's. Case in
point, via 1-2-3 wave analysis, the first wave completed
in 2012 resulting in the 2nd cyclical bear wave that paved
the path for the 3rd and most forceful advance of 2015,
currently underway. Unlike the 1970's, economic conditions
have deteriorated markedly; as national debt recently
topped $20 trillion, entitlement programs continue to
burst at the seems and intense cultural challenges threaten
to topple the economy. Consequently, the confluence of
serious socioeconomic issues vastly increases the likelihood
of stress on the domestic system and by proxy increase
the odds of gold and silver profits. The guest / host
concur that PMs investments represent the ideal panacea
to survive and thrive the imminent financial cataclysm,
providing a mechanism to crystallize a lifetime of effort.
Chris Blasi questions the soundness of national pension
funds - investors are advised to make financial preparations,
independent of entitlement programs, in case of default.
His PMC ounce system, started in 2008 is a precious metals
diversified portfolio with a weighted position in silver,
gold, platinum and palladium, that oftentimes outperforms
the individual markets by lessening volatility. One particularly
appealing aspect of the cryptocurrency market - the PTB
find it challenging to manipulate the triple entry accounting
system underpinning the blockchain backbone. Although
the blockchain revolution will continue to disrupt via
decentralization, creating entirely unique industries
by eliminating wasteful, outdated processes, recent breakthroughs
in quantum computing enable agencies to decrypt virtually
any transaction, reducing the appeal of formerly anonymous
transactions. The duo caution investors to ignore the
notion of Bitcoin as digital gold; Bitcoin and related
tokens represent the digital evolution of fiat money,
constraining supply and wrestling away control away from
the elite, returning it to the rightful owners.
David Morgan & Chris Waltzek Ph.D. - September
15, 2017.
In
the aftermath of Tropical Storm Irma, the head of The
Morgan Report, David Morgan rejoins the show running
on generator power.
Our
guest outlines his perspective on the silver / gold market
as well as rare earths.
China
has corned the rare earth market with a 90% share of the
global output. Rare earths are essential to
android / iPhones, electric cars.
David Morgan expects an explosive price advance in 2018.
Although
silver is rare in the earth's crust, with a natural ratio
of 9:1, silver to gold, the current price differential
is near 70:1.
Due to silver's small market size and relative affordability,
the precious metal could gain exceptional relative momentum
once gold breaches $1,550.
In
the aftermath of Tropical Storm Irma, the head of The
Morgan Report, David Morgan rejoins the show running
on generator power with his perspective on the silver
/ gold market as well as rare earths. China has corned
the rare earth market with a 90% share of the global output.
Rare earths are essential for advanced batteries in android
/ iPhones, electric cars and related electronics. Now
that the PMs shares and silver have confirmed the positive
technical momentum in the gold market, David Morgan expects
an explosive price advance in 2018. Although silver is
rare in the earth's crust, with a natural ratio of 9:1,
silver to gold, the current price differential is near
70:1 suggesting a solid value opportunity for silver investors.
Due to silver's small market size and relative affordability,
the precious metal could gain exceptional relative momentum
once gold breaches $1,550.
Bob Hoye & Chris Waltzek Ph.D. - September 14,
2017.
Reeling
from Tropical Storm Irma, Bob Hoye of Institutional
Advisors rejoins the show with an in impromptu discussion.
Bob Hoye reviews the PMs sector including gold, silver
and shares, noting his expectations for increased demand
for gold / silver late this year or early 2018.
The technical outlook for Bitcoin and related cryptocurrencies
- cryptos have joined virtually all financial markets
in a speculative financial bubble.
The universal mantra of central bankers, that credit expansion
equals economic prosperity will end poorly for all but
the elite.
Inflation
was absorbed by residential house prices and financial
assets, in particular share prices.
Reeling
from Tropical Storm Irma, Bob Hoye of Institutional
Advisors rejoins the show with an in impromptu discussion
via only power from a rusty gas-powered generator. Bob
Hoye reviews the PMs sector including gold, silver and
shares, noting his expectations for increased demand for
gold / silver late this year or early 2018, mostly in
non-US dollar currencies. The technical position of Bitcoin
and related cryptocurrencies - cryptos have joined virtually
all financial markets in a speculative financial bubble
of epic proportions. The universal mantra of central bankers,
that credit expansion equals economic prosperity will
end poorly for all but the elite. The inflation was absorbed
by residential house prices and financial assets, in particular
share prices.
Dr.
Stephen Leeb & Chris Waltzek Ph.D. - September
7, 2017.
Dr.
Stephen Leeb, best-selling author and head of The
Complete Investor returns to the show with encouraging
comments for PMs investors.
Although
a reaction could unfold soon, Dr. Leeb views the gold
market price activity as a potential "All-In"
buy opportunity
Dr. Leeb identifies a seminal opportunity to improve US
diplomacy with China, to regain trust in our reserve currency
with our top trading partners.
The
guest notes the preference for gold as a currency, not
just an asset, by China's leading policymakers.
A
key to China's dominance in the currencies of the future,
i.e., gold and Bitcoin / altcoins / supercomputing, is
their massive investment in hydroelectricity.
A
dam reservoir is comparable to a solid investment portfolio
- the initial investment is intense, but the security
of free dividends / coupons is vital.
Just as the Chinese symbol for opportunity resembles danger,
Jihuì/wéixian
the Pentagon is advised to get out ahead of the crypto
revolution.
Officials
can secure a strategic economic / military advantage for
decades.
Gold
could be undervalued by several fold, given the proliferation
of fiat money, in the coming years.
Dr. Leeb expects the yellow metal to eclipse the 2011
zenith.
Dr.
Stephen Leeb, best selling author and head of The
Complete Investor returns to the show with encouraging
comments for PMs investors. Although a reaction could
unfold soon, Dr. Leeb views the gold market price activity
as a potential "All-In" opportunity, on the
heels of news of a new gold backed, oil exchange in Shanghai.
Dr. Leeb identifies a seminal opportunity to improve US
diplomacy with China, to regain trust in our reserve currency
with our top trading partners. The guest notes the preference
for gold as a currency, not just an asset, by China's
leading policymakers. A key to China's dominance in the
currencies of the future, i.e., gold and Bitcoin / altcoins
/ supercomputing, is massive investment in hydroelectricity.
- a well build dam reservoirs comparable to a solid investment
portfolio - the initial investment is intense, but the
security of free dividends / coupons is invaluable to
the individual / society for decades to come. US policymakers
are urged to emulate their model in hydroelectric / nuclear
power, supercomputers / quantum computers as well as gold
/ Bitcoin reserve accumulation. Just as the Chinese symbol
for opportunity resembles danger, Jihuì/wéixian
the Pentagon is advised to get out ahead of the crypto
revolution, to secure a strategic economic / military
advantage for decades. In addition, gold could be undervalued
by several fold, given the proliferation of fiat money,
in the coming years Dr. Leeb expects the yellow metal
to eclipse the 2011 zenith.
Figure
1.1. URGENT WARNING
Bill
Murphy & Chris Waltzek Ph.D.
- September 6, 2017.
Bill
Murphy of GATA.org
returns with bullish commentary on the precious metals
sector.
Once
silver closes above $21 an ounce, our guest expects the
world's most conductive / reflective metal to launch into
the stratosphere like Bitcoin
Despite
the intensive energy, computer and technical requirements
of Bitcoin mining, extracting rare metals from ore is
arguably more challenging.
According
to GATA.org, major investment banks continue to suppress
the market via various, unsound paper money schemes.
The
guest / host concur, silver may represent the most appealing
value in the precious metals arena.
Although
the PMs shares continue to gain altitude, Bill Murphy
views the lack of widespread enthusiasm as a solid sign
that the uptrend could persist.
The
discussion includes escalating tensions between the West
and N.K. - news of a successful thermonuclear underground
test raised considerable red flags.
Hydrogen
bombs use secondary explosives, resulting in nuclear fusion,
the force of the sun many magnitudes the destructive force
of earlier models.
The
devices harness fusion, versus the less lethal nuclear
fission model.
US
officials have raised concerns that N.K. could combine
new ICBM / fusion devices to deliver a destructive payload
to the contiguous US.
Still,
few sources confirm this is currently a viable threat.
In
addition, the most powerful hurricane ever recorded made
landfall in the Caribbean this week.
Some
meteorologists fear that the 160-192 mph winds could result
in unprecedented destruction ranging from South Florida
to South Carolina.
Residents
are urged to think of the now infamous Hurricane Andrew
and its destructive wake.
Unlike
the Houston based Hurricane Harvey, in Florida gale force
winds will pummel much of the state if forecasts are correct.
Florida
residents are advised to make plans in advance to evacuate
the coastal areas inland and if possible, find shelter
in Georgia / Alabama.
Bill
Murphy of GATA.org
returns with bullish commentary on the precious metals
sector. Once silver closes above $21 an ounce, our guest
expects the world's most conductive / reflective metal
to launch into the stratosphere in similar fashion as
Bitcoin Despite the intensive energy, computer and technical
requirements of Bitcoin mining, extracting rare metals
from ore is arguably more challenging. So what is holding
silver price in check? According to GATA.org, major investment
banks continue to suppress the market via various, unsound
paper money schemes. The guest / host concur, silver may
represent the most appealing value in the precious metals
arena. Although the PMs shares continue to gain altitude,
Bill Murphy views the lack of widespread enthusiasm as
a solid sign that the uptrend could persist. The discussion
includes escalating tensions between the West and N.K.
- news of a successful thermonuclear underground test
raised considerable red flags - hydrogen bombs use secondary
explosives, resulting in nuclear fusion, the force of
the sun and many magnitudes the destructive force of earlier,
less lethal nuclear fission models. US officials have
raised concerns that N.K. could combine new ICBM / fusion
devices to delivery a destructive payload to the contiguous
US. Still, few sources confirm this is currently a viable
threat. In addition, the most powerful hurricane ever
recorded made landfall in the Caribbean this week - some
meteorologists fear that the 160-192 mph winds could result
in unprecedented destruction to the Bahamas, ranging from
South Florida, Miami up the Atlantic coast to South Carolina,
conjuring images of the now infamous Hurricane Andrew
and its destructive wake. Unlike the Houston based
Hurricane Harvey where flooding was the chief concern,
devastating gale force winds will pummel much of Florida
if forecasts are correct. Florida residents are advised
to make plans in advance to evacuate the coastal areas
inland and if possible to find shelter in Georgia / Alabama,
etc. until the storm passes (figure 1.1).
Figure
1.1. Update on Hurricane Irma - URGENT WARNING
SmartRE CEO Lloyd Huang & Chris Waltzek Ph.D.
- Aug. 31, 2017.
Lloyd
Huang is an electrical
engineer who facilitated an $8 billion semcrowdsalenductor
company Semcrowdsalenductor Manufacturing Int. Inc, (SMI)
an
NYSE IPO.
Similar
to a reverse mortgage, SmartRE (pronounced smarter) allows
homeowners to access their home equity without going into
debt.
Homeowners
access equity without increased interest sensitivity,
in essence a decentralized reverse mortgage.
Investors with as little as $1 can benefit from increases
in home prices.
Lloyd
Huang makes a compelling case for a recession-proof business
model.
Clients
have at least 51% equity accumulated in their homes, considerable
skin in the game.
SmartRE
CEO / Cofounder Lloyd Huang makes his debut appearance
on Goldseek.com Radio after posting an interesting
online interview. Lloyd Huang is an electrical engineer
who facilitated an $8 billion semcrowdsalenductor company
IPO on the NYSE. Similar to a reverse mortgage, SmartRE
(pronounced smarter) allows homeowners to access their
home equity without going into debt or increasing interest
rate issues, in essence a decentralized reverse mortgage.
In addition, investors with as little as $1 can benefit
from increases in home prices. Lloyd Huang makes a compelling
case for a recession-proof business model, as their clients
have at least 51% equity accumulated in their homes, considerable
skin in the game.
Abstract
(company literature)
SmartRE
is a highly secured, decentralized and democratized platform
whereby US homeowners can liquidate a percentage of their
equity in their homes without accruing debt of any kind.
For buyers, the attraction is the ability to own a piece
of the American dream and its associated growth, especially
in high-demand geography's, without the headaches of property
management and maintenance, but with the assurance of a
customized insurance policy. Tokens are used as units that
reflect the percentage of the homes and are traded and escrowed
via smart contracts on the Ethereum blockchain. SmartRE
provides the tools and setup, with the transactions between
the buyers and sellers themselves.
Note.Disclosure - Goldseek.com is
still in the due diligence phase concerning SmartRE. The
show host was compensated in any capacity by SmartRE.
This interview is presented as informational / educational
content and must not be construed as investment advice
or as an endorsement of the SmartRE crowdsale / SRE tokens.
Goldseek.com LLC and the host cannot accept liability
for the outcome of any investment decision. Goldseek.com
employees reserve the right to purchase SRE tokens.
Louis Navellier & Chris Waltzek Ph.D. - August
31, 2017.
According
to our guest, "Anytime the 10 year treasury yield
approaches the S&P dividend yield..." the event
presents a serious buying opportunity in stocks.
Four
factors could lead share prices higher - traditional Labor
Day buying.
September window dressing, mid-October earnings reports
and buying in
November
ahead of the holiday / January effect.
A
few of our guests favorite stocks include tech giants
Nvidia (NVDA);
Applied Materials (AMAT).
Shares
profiting from a weaker dollar include Ferrari (RACE).
Navellier
& Associates are monitoring the trade deficit - if
the deficit continues to narrow, it could result in a
3% GDP growth rate.
The
recent geopolitical issues with N.K. have boosted demand
for the yellow metal.
Louis
Navellier advocates allocating a 6-8% core position in
gold as the ideal portfolio balancing investment.
Louis
Navellier of Navellier
& Associates discusses his top portfolio candidates.
According to our guest, "Anytime the 10 year treasury
yield approaches the S&P dividend yield..." the
event presents a serious buying opportunity for equities
investors. 4 factors could lead share prices higher -
traditional Labor Day buying, September window dressing,
mid-October earnings reports and buying in November ahead
of the holiday / January effect. A few of our guests favorite
stocks include tech giants Nvidia (NVDA);
Applied Materials (AMAT)
and shares profiting from a weaker dollar including Ferrari
(RACE).
Navellier & Associates are monitoring the trade deficit
- if the deficit continues to narrow, it could result
in a 3% GDP growth rate that could catapult equities to
the next record zenith. The recent geopolitical issues
with N.K. have boosted demand for the yellow metal - Louis
Navellier advocates allocating a 6-8% core position in
gold as the ideal portfolio balancing investment.
John Williams & Chris Waltzek Ph.D. - August 30,
2017.
The
interview concludes with an engaging discussion on the
Bitcoin / crypto markets - the market cap continues to
soar.
The
question is raised: How do nearly endless supplies
of fiat currencies survive following the introduction
of Bitcoin, a limited / instantaneous digital money?
Alternative
economist, John Williams of Shadowstats.com
discusses the increase in volatility in the gold market,
ahead of the annual Jackson Hole Wyoming, economic symposium.
Our guest discounts the hawkish talk of policymakers,
suggesting that the Fed could unleash a new round of quantitative
easing (QE). In addition, the odds of a lower balance
sheet are overstated amid increasing domestic / geopolitical
tensions sending the gold price, skyward. The discussion
steers to Hurricane Harvey in Houston, a similarly devastating
storm as Katrina, which struck the Gulf 12 years ago to
the day, resulting in a national tragedy still felt today.
Officials fear rains will continue to pommel the Houston
area as Harvey steers towards New Orleans (figure 1.1.).
The economic ramifications could extend for years to come.
The guest/host differ on US housing; John Williams expects
housing to decline while the host notes the healthy, 45
degree ascent in the new housing starts index, arguably
a key leading economic indicator. The world's top
retailer, Amazon.com may soon have viable competition
from the new partnership
between Google / Wal-mart, which plan to start home
delivery operations. The interview concludes with an engaging
discussion on the Bitcoin / crypto markets - the market
cap continues to soar, climbing from under $50 billion
recently to over $164 billion. The question is raised:
How do nearly endless supplies of fiat currencies survive
following the introduction of Bitcoin, an instantaneous
digital money with nearly zero transaction fees and a
limited supply?
Arch
Crawford, head of Crawford
Perspectives, wraps up a discussion on Fox News
with Neil Cavuto to shed some light on the total solar
eclipse.
Our
guest notes the potential implications for the financial
markets.
Arch
finds scientific basis for much of the stress on society
- tidal forces and solar flux impact the Northern Hemisphere
at peak levels during the eclipse.
The
intense ionization in the upper atmosphere, potentially
impacts investor behavior.
The
US equities correction could persist into Sept. / Oct.,
resulting in 8% drawdowns.
The
gold market could stage a powerful advance - two consecutive
daily closes above $1,300 is all that's required to make
a gold bull out of Arch Crawford.
His
gold forecast after that level is past, "The sky
is the limit."
The
discussion swerves into the cryptocurrency domain - the
primary Bitcoin alternative, Ethereum (ETH) gained about
20% topping $350 this week.
Investors
anticipate profit potential stemming from the impending
hard fork, similar to the recent Bitcoin split into Bitcoin
Cash.
Arch
Crawford, head of Crawford
Perspectives, wraps up a discussion on Fox News
with Neil Cavuto to shed some light on the total solar
eclipse that covered much of the contiguous United States
this week. Our guest notes the potential implications
for the financial markets, which could prove to be the
most significant since the eclipse during the signing
of the Declaration of Independence. Arch finds scientific
basis for much of the stress on society - tidal forces
and solar flux impact the Northern Hemisphere at peak
levels during the eclipse, causing intense ionization
in the upper atmosphere, potentially impacting investor
behavior. In addition, the US equities correction could
persist into Sept. / Oct., resulting in 8% drawdowns.
However, the gold market could stage a powerful advance
- two consecutive daily closes above $1,300 is all that's
required to make a gold bull out of Arch Crawford, who
notes that once that level is past, "The sky is the
limit." The discussion swerves into the cryptocurrency
domain - the primary Bitcoin alternative, Ethereum (ETH)
gained about 20% topping $350 this week in anticipation
of profit potential stemming from the impending hard fork,
similar to the recent Bitcoin split into Bitcoin Cash.
Listeners' Q&A -
Chris Waltzek Ph.D. - August 22, 2017.
This
Listener's Q&A segment includes several phone calls
on various topics.
The
first caller is concerned by the PMs market manipulation
narrative.
Clearly,
investment banks continue to pay huge retributions for
gold / silver bullion rigging allegations, according to
GATA.org.
According
to official tallies, central banks regularly dump hundreds
of tons of gold bullion on the open market, essentially
suppressing prices.
The
current Goldseek.com Radio outlook on the PMs sector -
gold and silver are gearing up for explosive moves higher.
The
smart money recognizes the appealing valuation of gold
/ silver relative to overpriced asset classes, such as
US equities / bonds.
A
caller is concerned over the sound quality of recent shows.
The
new location includes a studio quality phone line.
The
latest Listener's Q&A segment includes several phone
calls on various topics. The first caller is concerned
by the PMs market manipulation narrative. Clearly, investment
banks continue to pay huge retributions for gold / silver
bullion rigging allegations, according to GATA.org. According
to official tallies, central banks regularly dump hundreds
of tons of gold bullion on the open market, essentially
suppressing prices. Current Goldseek.com Radio outlook
on the PMs sector - gold and silver are gearing up for
explosive moves higher. The smart money recognizes the
appealing valuation of gold / silver relative to overpriced
asset classes, such as US equities / bonds. A caller is
concerned over the sound quality of recent shows. The
new location includes a studio quality phone line.
Bob
Hoye of Institutional
Advisors rejoins the show with an in depth discussion
on the financial markets and the Bitcoin (BTC) revolution.
Since
his last visit, BTC has more than doubled soaring from
under $2,000 to over $4,500 and the crypto market cap
has topped $145 billion.
Bob
suggests the current price could be nearing an ultimate
top.
The
host presents a competing scenario with the help of the
work of a top Elliott Wave technician in London.
The
analyst expects BTC to correct to $3,650 before staging
a run to $5,000.
The
host is convinced that BTC is en route to $10,000 and
then $50,000 over the next several years.
The
cryptocurrency domain is poised to rival the world's largest
market, the $5 trillion FOREX.
Archaic
rules are holding back BTC investment, the currency of
the future, putting millions of American's at risk of
opportunity costs.
All
7 billion global inhabitants, plus semcrowdsalenscious
machines / computers, have access to a virtual checking
accounts, via public library computers.
Key
takeaway - people are reclaiming their economic / political
freedoms from the elite.
His
work indicates that high-end residential housing may have
peaked along with most bond markets.
Plus,
the gold market is expected to benefit from slowing momentum
in US equities, as investors convert paper profits into
tangible precious metals assets.
Bob
Hoye of Institutional
Advisors rejoins the show with an in depth discussion
on the financial markets and the Bitcoin (BTC) revolution.
Since his last visit, BTC has more than doubled soaring
from under $2,000 to over $4,500 and the crypto market
cap has topped $145 billion. Bob suggests the current
price could be nearing an ultimate top. The host presents
a competing scenario with the help of the work of a top
Elliott Wave technician in London, who expects BTC to
correct to $3,650 before staging a run to $5,000. The
host is convinced that BTC is en route to $10,000 and
then $50,000 over the next several years as the cryptocurrency
domain rivals the world's largest market, the $5 trillion
FOREX. Archaic rules are holding back BTC investment,
the currency of the future, putting millions of American's
at risk for of opportunity costs associated with missing
the primary theme. Just one of the astounding aspects
of BTC: all 7 billion global inhabitants, plus semcrowdsalenscious
machines / computers, have access to a virtual checking
account, via mobile phones / public library computers.
Key takeaway - people are reclaiming their economic /
political freedoms from the elite. His work indicates
that high-end residential housing may have peaked along
with most bond markets. Plus, the gold market is expected
to benefit from slowing momentum in US equities, as investors
convert paper profits into tangible precious metals assets.
CEO
Joseph Grosso & Chris Waltzek Ph.D. - August 14,
2017.*Mp3
file.
Joseph
Grosso has spearheaded mineral exploration ventures in
Argentina for over twenty years.
Headquartered
in Vancouver, Canada, Golden Arrow is a silver producer,
mineral explorer and prospect generator.
Golden
Arrow is a member of the Grosso Group, a management company
specialized in resource exploration.
The
firm maintains a strong record of mineral discovery, and
community / government relations.
Golden
Arrow is poised to maintain its reputation as a trusted
explorer throughout Argentina.
The
Chinchillas project is targeted for production in Q2,
2018.
Completed
joint venture with major silver producer Silver Standard
(now SSR Mining).
The mining-friendly location in northwest Argentina that
supports an impressive infrastructure, including access
to highways, and ample water resources.
The
Don Bosco Copper-Gold Project, holds exploration licenses
encompassing five areas in Western La Rioja Province,
Argentina.
The project is feasible year round, supported by a paved
highway that facilitates accessibility (Golden Arrow,
2016).
Golden
Arrow has additional properties of interest in the San
Juan Province, including the Mogote Copper-Gold Project,
the Caballos Copper-Gold Project, and Potrerillos Gold-Silver
Project the firm owns 100% of all three properties.
Joseph
Grosso - Golden
Arrow, Executive Chairman, CEO, & President, of Golden
Arrow returns with an engaging overview of his
firm as well as how the corporate affiliation with Silver
Standard creates a synergistic opportunity for Golden
Arrow shareholders. Golden Arrow is an explorer and prospect
generator focused on identifying, acquiring, and advancing
precious and base metal discoveries through high quality
deposits. Golden Arrow is a member of the Grosso Group,
a management company specialized in resource exploration.
At the helm of the Grosso Group, Joseph Grosso has spearheaded
mineral exploration ventures in Argentina for over twenty
years. With a strong record of mineral discovery, and
community / government relations, Golden Arrow is poised
to maintain its reputation as a trusted explorer throughout
Argentina. The Chinchillas project is targeted for production
in Q2, 2018. Completed joint venture with major silver
producer Silver Standard (now SSR Mining). Another compelling
aspect is the mining-friendly location in northwest Argentina
that supports an impressive infrastructure, including
access to highways, electricity, and ample water resources.
The Don Bosco Copper-Gold Project, holds exploration licenses
encompassing five areas in Western La Rioja Province,
Argentina. The project is feasible year round, supported
by a paved highway that facilitates accessibility (Golden
Arrow, 2016). Golden Arrow has additional properties of
interest in the San Juan Province, including the Mogote
Copper-Gold Project, the Caballos Copper-Gold Project,
and Potrerillos Gold-Silver Project the firm owns
100% of all three properties.
Bill
Murphy & Chris Waltzek Ph.D.
- August 10, 2017.
Bill
Murphy of GATA.org
returns with key insights on the PMs market.
The
world's largest gold producing / consuming nation, China
just announced a 10% decrease in production and a 10%
increase in consumption.
Our
guest suggests a gold price target of $3,000-$5,000 to
compensate for underlying real inflation levels.
Bill
Murphy sees signs that indicate price suppression schemes
are failing - the PMs could begin the next leg of an epic
ascent.
Key
takeaway: the cartel is losing control, it may be merely
a matter of time before the physical gold market overcomes
the paper gold schemes as early as Fall of 2017.
Bill
Murphy of GATA.org
returns with key insights on the PMs market - the world's
largest gold producing / consuming nation, China just
announced a 10% decrease in production and a 10% increase
in consumption, a potentially positive sign for PMs investors.
Our guest suggests a gold price target of $3,000-$5,000
to compensate for underlying real inflation levels. Bill
Murphy sees signs that indicate price suppression schemes
are failing - the PMs could begin the next leg of an epic
ascent. Key takeaway: the cartel is losing control, it
may be merely a matter of time before the physical gold
market overcomes the paper gold schemes as early as Fall
of 2017.
Gerald Celente & Chris Waltzek Ph.D. - August
9, 2017.
Head
of the Trends Research
Institute, Gerald Celente returns with positive comments
on the gold safe haven as well as the cryptocurrency market.
Despite
the fact that digital money has a market cap. of over
$100 billion the topic remains highly polarized.
Investors
seem to come to their senses, slowly and one by one. Some
analysts are forecasting the crypto market cap. to soar
by 50 fold to $5 trillion.
The
crypto domain could rival the FOREX market, the largest
global exchange.
For
the first time in human history, global citizens have
a free, ubiquitous alternative to their local / national
currencies.
Anyone
can have a Bitcoin account via nothing more than a second
hand mobile phone, almost any transaction can take place.
Policymakers
world wide are losing control over the populace; investors
in China / Venezuela / Brazil are opting out of the official
system.
Related cryptocurrencies, such as Komodo coin (KMD), offer
an anonymous blockchain alternative.
One
of the more compelling aspects of tokens over the traditional
stock shares, each token is mathematically stored in a
decentralized blockchain. Mainstream
Head
of the Trends Research
Institute, Gerald Celente returns with positive comments
on the gold safe haven as well as the remarkable cryptocurrency
market. Despite the fact that digital money has a market
cap. of over $100 billion the topic remains highly
polarized - investors seem to come to their senses, slowly
and one by one. Some analysts are forecasting the crypto
market cap. to soar by 50 fold to $5 trillion in coming
years, the current size of the FOREX market, the largest
global exchange. For the first time in human history,
global citizens have a free, ubiquitous alternative to
their local / national currencies, via nothing more than
a second hand mobile phone, almost any transaction can
take place. Policymakers world wide are losing control
over the populace; investors in China / Venezuela / Brazil
are opting out of the official system, choosing instead
Bitcoin and related cryptocurrencies, such as Komodo coin
(KMD), an anonymous blockchain alternative. One of the
more compelling / appealing aspects of tokens / coins
over the traditional stock shares, each token is mathematically
stored via an algorithm in a decentralized blockchain.
Mainstream analysts are calling for $50,000
Bitcoin, approaching the $100,000
Bitcoin forecast of prescient Silicon Valley VC, Tim
Draper.
Jim
Rogers rejoins the show from his Singapore office
with his latest market commentary.
Jim
Rogers owns both gold and silver assets - he is watching
for an ideal time to boost his ample stockpile of precious
metals.
Our
guest finds unique investment opportunities in the agricultural
sector and key foreign bond markets.
He
also anticipates robust growth in Asia, due to the surplus
of highly skilled / innovative work force. Jim prefers
to buy low and sell high.
Stock
markets of China / Japan / Russia present relative values
compared to the domestic market - shares are off their
highs by 50% compared to US equities.
Jim
Rogers rejoins the show from his Singapore office
with his latest market commentary. He
continues to monitor the markets for an ideal time to
boost his ample stockpile of precious metals. Our guest
finds unique investment opportunities in the agricultural
sector and key foreign bond markets. He also anticipates
robust growth in Asia, due to the surplus of highly skilled
/ innovative work force. Jim prefers to buy low and sell
high. In similar fashion, stock markets of China / Japan
/ Russia present relative values compared to the domestic
market - shares are off their highs by 50% compared to
US equities at all time record values.
Peter Schiff & Chris Waltzek Ph.D.
- July 24, 2017.
He
notes the recent deluge could ignite a memorable gold
market boom.
Our
guest expects gold / silver stocks to resume the upward
trajectory.
He
advises clients to add PMs shares; Euro Pacific Capital
is also adding PMs shares to managed accounts.
US
interest rates may be artificially low, presenting a remarkable
disequilibrium in saving / borrowing.
A
rogue event could jeopardize the national standard of
living.
Key
takeaway; gold and silver may represent remarkable valuations
at current prices, shielding every investment portfolio
from imminent financial volatility.
His
fund manager Adrian Day remains a top precious metals
analyst - the EPGFX fund regularly outperforms its peers.
From
his luxury suite at the Wynn
Hotel in majestic Las Vegas, the head of SchiffGold,
Euro Pacific Capital,
and Euro
Pacific Gold Fund (EPGFX) predicted the recent
plunge in the Greenback, years in advance - he notes the
recent deluge could ignite a memorable gold market boom.
Our guest expects gold / silver stocks to resume the uptrend
trajectory - he's advising clients to add PMs shares -
Euro Pacific Capital is also adding PMs shares to client
accounts. US interest rates may be artificially low, presenting
a remarkable disequilibrium in saving / borrowing - a
rogue event could jeopardize the national standard of
living. Key takeaway; gold and silver may represent a
remarkable valuation at current prices, the ideal panacea
to inoculate every investment portfolio from imminent
financial volatility. Peter Schiff advocates his Euro
Pacific Gold Fund (EPGFX) over tossing darts at
PMs share ticker symbols - his fund manager Adrian Day
remains a top precious metals analyst, the EPGFX fund
regularly outperforms its peers.
Peter Grandich & Chris Waltzek Ph.D. - July 20,
2017.
He
builds a solid case for a nefarious, hidden hand behind
the suppression of the precious metals market.
Takeaway
point, it's better to be a year early, than a day late
- equities investors are advised to take caution - Livermore
- the most expensive ticks are at the market tops and
bottom - gold and silver assets may represent far better
relative values.
With
US equities at a record zenith and the Fed Head proclaiming
the end of financial crises, Peter Grandich of Peter
Grandich and Company is far than enthusiastic over
the prospects of US equities. Having gained international
recognition for forecasting the major tops in 1987, 2000
and 2008 - he sticks his neck out to caution investors
about what could be an imminent top in US equities. Peter
Grandich is "very long gold" with substantial
skin in the game; he's unable to identify a more "attractive
market than gold." A series of seemingly coordinated
"flash crashes" continues to plague the market
- the CRB, WTIC and Nasdaq flashes culminated with a silver
flash, that might represent a buying opportunity. The
guest / host concur with the CME group - "gold
is wildly underpriced." He builds a solid case
for a nefarious, hidden hand behind the suppression of
the precious metals market. Takeaway point, it's better
to be a year early, than a day late - equities investors
are advised to take caution - Livermore - the most expensive
ticks are at the market tops and bottom - gold and silver
assets may represent far better relative values.
Chris Martenson Ph.D. &
Chris Waltzek Ph.D. - July 13, 2017.
Chris
Martenson from PeakProsperity.com,
author of the must read book, Prosper!
returns from Buenos Aires.
He
shares his grave concerns on the economies of South America.
Argentineans are advised to prepare for runaway inflation.
The
situation resembles their neighbor nation, Venezuela,
forecasted to top 1000%, making a form $2.00 loaf
of bread $20.00 (Figure 1.1.).
Our
guest outlines how the major institutional players rig
the markets.
Eventually
the unprepared will wish they had procured gold and silver
assets at current fire sales prices.
Chris
Martenson suggests every investor must accumulate at least
10% of total investment portfolio.
The
huge state deficit in Illinois may represent the canary
in the coal mine - taxpayers are on the hook for the pension
fiasco, 33% tax increases are driving formerly content
people / businesses to new states.
Chris
Martenson from PeakProsperity.com,
author of the must read book, Prosper!
returns from Buenos Aires with grave concerns on the economies
of South America. Argentineans are advised to prepare
for runaway inflation, similar to their neighbor nation,
Venezuela,
forecasted to top 1000%, making a form $2.00 loaf
of bread $20.00 (Figure 1.1.). Our guest outlines how
the major institutional players rig the markets; eventually
the unprepared will wish they had procured gold and silver
assets at current fire sales prices. Chris Martenson suggests
every investor must accumulate at least 10% of total investment
portfolio. The huge state deficit in Illinois may represent
the canary in the coal mine - taxpayers are on the hook
for the pension fiasco, 33% tax increases are driving
formerly content people / businesses to new states.
Figure
1.1. Venezuelan Inflation
Note:
Graph courtesy of www.tradingeconomics.com and Banco Central
De Venezuela.
*Note.
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