Bill
Murphy of GATA.org
expects the global monetary crises to converge leading
to explosive gains in the PMs sector. According to
GATA.org, the gold cartel continues to raid the PMs
sector as sending the gold / silver ratio to 85, making
silver a nearly irresistible long-term value. In addition,
the host expects the Fed to complete the FFF rate
hike cycle by mid-2019, with no more than 2 rate increases
next year, setting the stage for inflationary forces
to exert downward pressure on the US Greenback to
the benefit of PMs investors. Against the backdrop
of 1 million percent inflation in Venezuela, neighbor
nation Argentina
is now bracing for 60% interest rates as the Peso
tumbles mirroring the nearly defunct, Bolivar. In
related news, Venezuelan President, Nicholas Maduro
and first Lady Celia Flores promoted a
gold backed certificate, to help citizens cope with
runaway inflation.
Nick
Barisheff & Chris Waltzek PhD - August 30th,
2018.
Venezuela, Argentina, Brazil, Iran, South Africa
and Turkey could become the norm throughout the
global financial world.
Eventually
the financial plague will infect the entire $300
trillion in global stocks / bonds markets and impact
even North America.
Margin
debt is 50% higher than just before the 2008 Great
Recession that could result in sudden / violent
and catastrophic market losses / financial chaos.
With
only $1.8 trillion of investment grade gold available,
a global currency crisis is inevitable.
If
only 5% of the $300 trillion in paper assets is
directed to gold, $15 trillion could flood the tiny
$1.8 trillion PMs sector resulting in $10,000+ gold.
Several
BRICS nations are inoculating their currencies from
the systemic financial infection.
China and Russia continue to stockpile PMs including
silver in Moscow, in preparation for a global currency
pandemic.
Our
guest cites research suggesting peak gold is occurring
just when supply is most needed.
Even
an enormous new find would require decades to positively
impact supply levels.
Once
panic grips the financial markets the 5% gold allocation
could exceed 10-20% or higher sending the yellow
metal price north of $30,000 per ounce.
One
candidate for an alternative reserve currency is
the Yuan that is convertible to gold, better facilitating
crude oil / commerce transactions.
BMG
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, but only add to dwindling stockpiles.
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.
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 the proverbial canaries
in the coal mine go silent, e.g., Venezuela, Argentina,
Brazil, Iran, South Africa and Turkey to name a few,
eventually the financial plague will infect the entire
$300 trillion in global stocks / bonds markets and
impact even North America. Complicating matters, stock
market related margin debt is 50% higher than just
before the 2008 Great Recession and related financial
implosions that could result in sudden / violent and
catastrophic market losses / financial chaos. However,
only $1.8 trillion of investment grade gold, a global
currency crisis is inevitable. If only 5% of the $300
trillion in paper assets is directed to gold $15 trillion
could flood the tiny $1.8 trillion PMs sector to $10,000+
gold. Several BRICS nations are inoculating their
currencies from the systemic financial infection -
China and Russia continue to stockpile PMs including
silver in Moscow, in preparation for a global currency
pandemic. Our guest finds research suggesting peak
gold is occurring just when supply is most needed;
even an enormous new find would require decades to
positively impact supply levels. However, once panic
grips the financial markets the 5% gold allocation
could exceed 10-20% or higher (to have the least risky
investment portfolio), sending the yellow metal price
north of $30,000 to as high as $100,000 per ounce.
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.
Peter Grandich & Chris Waltzek PhD - August
29th, 2018.
Our
guest views panic related capitulation-selling
as an opportunity to procure the metals at fire
sale prices.
Caution
is advisable when overweighting any single investment
class as the asset diversification remains the
perennial "free lunch" investment strategy.
The
duo review harsh comments from the current Administration
directed at the new Federal Reserve Chairman,
Jerome Powell.
Officials warn the multi-year rate hike theme
could undermine current efforts to boost US exports.
A
stronger dollar reduces the relative price advantage
of US goods shipped off shore.
The
head of the Central Bank of Russia, Dimity Tullin
noted gold is the only guarantee against "legal
and political risks."
The
CBR added the most gold bullion to the national
stockpile in a year, front-running potential tariffs
/ taxes on the precious metal.
Top
analyst Jim Rickards applauded Vladimir Putin's
decision to add discounted gold to the national
coffers.
Peter Grandich agrees that gold remains a viable
investment, "Buy a little gold as insurance
and hope it doesn't go up in price," to protect
your nest egg from inevitable market volatility.
Peter
Grandich of Peter
Grandich and Company and Pete
Speaks says he's pushed all his investment portfolio
chips into the PMs, using panic related, capitulation
selling as an opportunity to procure the metals
at fire sale prices. While Goldseek.com Radio applaud
his chutzpah, caution is advisable when overweighting
any single investment class as the asset diversification
remains the perennial "free lunch" and
a most effective investment strategy. The duo review
harsh comments from the current Administration directed
at the new Federal Reserve Chairman, Jerome Powell,
in particular that the multi-year rate hike theme
could undermine current efforts to boost US exports,
as a stronger dollar reduces the relative price
advantage of US goods shipped off shore. Meanwhile,
the head of the Central Bank of Russia, Dimity Tullin
noted gold is the only guarantee against "legal
and political risks," after adding the most
gold bullion to the national stockpile in a year,
front-running potential tariffs / taxes on the precious
metal, better positioning the nation for inevitable
global inflation (Top analyst Jim Rickards applauded
Vladimir Putin's decision). Peter Grandich agrees
that gold remains a viable investment, "Buy
a little gold as insurance and hope it doesn't go
up in price," to protect your nest egg from
inevitable market volatility.
President Chris Blasi - Neptune Global &
Chris Waltzek PhD - August 23rd, 2018.
Chris
Blasi, President of Neptune
Global LLC outlines his gold and Bitcoin
market outlook for 2018. Precious metals investors
could be rewarded this Autumn.
By
this September an uncertain domestic political
landscape could put the US dollar under pressure
to the benefit of safe haven assets.
The
bullish narrative for platinum and palladium
is just as compelling, given supply constraints,
leading to delayed delivery of physical metal
in many cases.
Neptune
Global suggests that investors include the
full spectrum of precious metals, including
platinum, palladium, silver and gold.
Regarding
the cryptocurrency / blockchain phenomenon,
our guest / host concur that the cryptocurrency
markets must not be confused with the blockchain.
Just
as Pets.com collapsed while the internet thrived,
so too will the blockchain grow into a viable
/ ubiquitous backbone, completing an Internet
2.0.
The
excess of the 20x Bitcoin rally of 2017 could
continue to unwind in similar fashion as the
year 2000 dot.com peak in US equities.
Given
that the crypto-sector is still in the early
adopter, nascent stage, the lack of track-record
and volatility decreases the accuracy of forecasting
methods.
Crypto
adherents should take heart that the encryption
theme will continue to usher in a decentralized,
transparent revolution, central to success
in the modern business environment of the
next decade.
Chris
Blasi, President of Neptune
Global LLC outlines his gold and Bitcoin
market outlook for 2018. Precious metals investors
could have their patience rewarded in the next
few months beginning with September amid an
uncertain domestic political landscape that
could put the US dollar under pressure to the
benefit of safe haven assets. The bullish narrative
for platinum and palladium is just as compelling,
given supply constraints, leading to delayed
delivery of physical metal in many cases. Neptune
Global suggests that investors include the full
spectrum of precious metals when making portfolio
decisions, including platinum, palladium, silver
and gold. Turning to the cryptocurrency / blockchain
phenomenon, our guest / host concur that the
cryptocurrency markets must not be confused
with the blockchain; just as Pets.com collapsed
while the internet thrived, so too will the
blockchain grow into a viable / ubiquitous backbone,
fulfilling the promise of an Internet 2.0. Still
the excess of the 20x Bitcoin rally of 2017
could continue to unwind in similar fashion
as the year 2000 dot.com peak in US equities.
However, given that the crypto-sector is still
in the early adopter, nascent stage, the lack
of track-record and volatility decreases the
accuracy of many forecasting methods. Crypto
adherents should take heart that the encryption
theme will continue to usher in a decentralized,
transparent revolution, central to success in
the modern business environment of the next
decade.
Bob
Hoye of Institutional
Advisors makes the case for gold rally
following the sharp dollar selloff in the
wake of the anti-rate-hike comments.
Safe haven assets posted gains following comments
from Washington on the negative impact on
US exports due in part to the Fed rate hike
cycle.
The
host notes that the strong dollar improves
the relative appeal of dividend paying US
equities, via quarterly payouts in the reserve
currency.
Financial
history is replete with instances climbing
interest rates during an economic boom period.
Fed policymakers will likely follow rates
higher, increasing the overnight lending rate
until the trend halts, followed by a rate
cutting cycle.
US
equities remain the decade long, market du
jour, despite extremely overextended valuations.
The
current S&P P/E = 23.80 is well beyond
the traditional P/E = 15.
Until
US shares indexes top out (75% of US shares
closing day price behavior mirrors the S&P
500 index) the bear trap will continue.
Key market insiders like Tom Lee and Mike
Novagratz agree while Bitcoin and related
tokens could fall markedly in price from current
levels.
The
potential value appreciation could eclipse
even the most bullish of forecasts.
Lee
goes-all-in, over the top pushing all the
chips into the pot with his BTC prediction
of $10 million due to purchases by Millennials.
Voracious
institutional buying of cryptos over the next
decade is anticipated as Wall Street seeks
low beta / high alpha in the grassroots, mainstreet
revolution.
The
host advocates using the current weakness
in cryptos as an opportunity to add a modicum
of crypto assets, 1%-5% to a core gold position
in every investment portfolio.
Bob
Hoye of Institutional
Advisors makes the case for gold rally following
the sharp dollar selloff in the wake of the
anti-rate-hike comments from the current US
Administration. Safe haven assets posted gains
following comments from Washington on the negative
impact on US exports due in part to the Fed
rate hike cycle that includes 7 recent rate
increases since 2015, two more expected in 2018
as well as 2019. However, the host notes that
the strong dollar improves the relative appeal
of dividend paying US equities, as investors
are rewarded with quarterly payouts in the reserve
currency. Financial history reveals that interest
rates tend to climb during an economic boom
period - Fed policymakers will likely follow
rates higher, increasing the overnight lending
rate until the trend halts, followed by a rate
cutting cycle. Meanwhile, US equities remain
the decade long, market du jour, despite extremely
overextended valuations with the S&P P/E
= 23.80, well beyond the traditional P/E = 15.
Until US shares indexes cease topping new highs
/ new lows (75% of US shares closing day price
behavior mirrors the S&P 500 index) the
bear trap will continue to catch the uninitiated
off guard. Turning to the cryptocurrency domain,
top market insiders like Tom Lee and Mike Novagratz
agree while Bitcoin and related tokens could
fall markedly in price from current levels,
the potential value appreciation could eclipse
even the most bullish of forecasts. Lee goes-all-in,
over the top pushing all the chips into the
pot with his BTC prediction of $10 million due
to purchases by Millennials, the largest demographic
group and 96 million strong. In addition, voracious
institutional buying of cryptos over the next
decade as Wall Street seeks low beta / high
alpha in the grassroots, mainstreet revolution
will catapult prices further into the stratosphere
(figure 1.1.). The host advocates using the
current weakness in cryptos as an opportunity
to add a modicum of crypto assets, 1%-5% to
a core gold position in every investment portfolio.
Figure
1.1. Tom Lee - $10 Million Bitcoin in A Decade
Due to 96 Million Millennials.
Note.
Video provided courtesy of Youtube.com.
Peter
Hug & Chris Waltzek
PhD - August 18th, 2018.
Peter
Hug, Director of the Kitco Precious Metals
Division, makes his show debut. Negativity
in the retail market for gold / silver has
reached such epic levels that from a contrarian
vantage point, a price floor could soon materialize.
Our
guest outlines a highly effective / unique
investment portfolio balancing technique that
has enabled his clients to oftentimes outperform
the indexes. Many investors have reaped handsome
rewards form the US equities rally, making
stocks overweighted asset class.
Peter
Hug suggests booking enough stock profits
to maintain at least a 10% balance in the
PMs, which represent a relative bargain.
Once
gold and silver eclipse the former peak, at
that point the 10% portfolio component will
be closer to 20% and a new rebalancing is
advisable.
The
guest / host concur that runaway inflation
is inevitable, making the PMs essential components
of every financial security net.
However,
the timing of hyperinflationary episodes is
notoriously uncertain, only exacerbated by
unique / convoluted quantitative easing operations.
The
purchasing power of the typical household
continues to slide as the inevitable advance
of inflation forces erode the wealth of middle
/ working class. The tipping point in the
chaotic economic-system may occur once Fed
policymakers slow / halt rate increases as
early as 2019.
The
net affect is setting the launch pad for PMs
price advances. Elsewhere, alternative precious
metals are reviewed, including Rhodium, a
scarce metal used primarily in auto production.
Rhodium
could experience a price squeeze from $4,000
to perhaps $5,000, similar to the 5x advance
in Ruthenium.
Our
guest views the risk of $500 M in US tariffs
(taxes) on imports from China as a potential
threat to the robust domestic economic growth.
Peter
Hug, Director of the Kitco Precious Metals Division,
makes his show debut. Negativity in the retail
market for gold / silver has reached such epic
levels that from a contrarian vantage point, a
price floor could soon materialize. Our guest
outlines a highly effective / unique investment
portfolio balancing technique that has enabled
his clients to oftentimes outperform the indexes.
Case in point, many investors have reaped handsome
rewards form the US equities rally, making stocks
overweighted asset class - Peter Hug suggests
booking enough profits to maintain at least a
10% balance in the PMs, which represent a relative
bargain. Once gold and silver eclipse the former
peak, at that point the 10% portfolio component
will be closer to 20% and a new rebalancing is
advisable. Although the recent domestic 4.2% GDP
and record unemployment figures suggest robust
economic conditions, Given the unfolding hyperinflation
in Venezuela combined with the profligate money
spending domestically and through the key economies,
the guest / host concur that runaway inflation
is inevitable, making the PMs essential components
of every financial security net. However, the
timing of hyperinflationary episodes is notoriously
uncertain, only exacerbated by unique / convoluted
quantitative easing operations and overnight lending
rate schemes. Nonetheless, the purchasing power
of the typical household continues to slide as
the inevitable advance of inflation forces erode
the formerly rock solid bedrock of middle / working
class neighborhoods. The tipping point in the
chaotic economic-system may occur once Fed policymakers
slow / halt rate increases as early as 2019, just
as EU economic ministers and their central banking
colleagues in developed nations curtail QE operations
and ramp up rates. The net affect is setting the
launch pad for PMs price advances. Elsewhere,
alternative precious metals are reviewed, including
Rhodium, a scarce metal used primarily in auto
production, that could experience a price squeeze
from $4,000 to perhaps $5,000, similar to the
5x advance in Ruthenium. Our guest views the risk
of $500 M in US tariffs (taxes) on imports from
China as a potential threat to the robust domestic
economic growth.
Bill
Murphy & Chris
Waltzek PhD - August 10th, 2018.
While US policymakers play tough using dollar
hegemony to level the field in global trade,
tariffs sharply increase prices for the
working / middle classes.
Key takeaway point - if homeowners knew
when the lightning bolt / flood / earthquake
or fire would hit, there'd be no need for
insurance premiums; in similar fashion,
investors are advised to procure portfolio
insurance, i.e., gold / silver while still
at discounted prices.
Bill
Murphy of GATA.org
notes precious metals investors will ultimately
be rewarded for their patience amid the typically
slow "Summer Doldrums," as the sector
gains momentum ahead of the more favorable
holiday season. Gold prices tends to perk
up as the holidays approach, including Christmas,
Chanukah, Diwali in India and China's New
Year festivities. Meanwhile, official inflation
numbers may be understated. Fed officials'
actions speak volumes - following 7 recent
rate hikes since 2015 and two more to
go in 2018, and overheating economy and inflation
are clearly chief concerns. By pressing the
economic brakes, the plan is to stem runaway
inflation. However, the EU economic ministers
and many major competitors seek to halt QE
operations and begin raising rates, which
could put the US dollar under pressure as
soon as 2019, increasing demand for safe haven
assets. Signs of inflation are already appearing
in the commodities sector vis-à-vis
WTIC oil and the CRB indexes, both near multi-year
record prices. Case in point, in Caracas Venezuela,
a dozen eggs costs nearly $3,000,000 Bolivars
amid 1 million percent inflation - just a
year ago, the same dozen eggs required only
$3 Bolivars, a petrie dish example of hyperinflation
south of the border, but still less than the
$100 Trillion Zimbabwe note. Elsewhere,
the PBoC is holding $3 Trillion in US Debt.
In response to threats from Washington regarding
tariffs on all $500 billion in China's US
imports, Ambrose
Evens-Pritchard suspects officials could use
the so called "Nuclear Option,"
selling much of the debt on the market, sending
US rates soaring in spectacular fashion. While
US policymakers play tough using dollar hegemony
to level the field in global trade, a risky
game of pickle as tariffs sharply increase
prices for the working / middle classes that
are already strapped via lagging wages and
soaring costs. Key takeaway point - if homeowners
knew when the lightning bolt / flood / earthquake
or fire would hit, there'd be no need for
insurance premiums; in similar fashion, investors
are advised to procure portfolio insurance,
i.e., gold / silver while still at discounted
prices.
Figure
1.1. Venezuelan Hyperinflation - 1 Million
Percent
Wolf
Richter, founder of WolfStreet.com
holds silver in his investment portfolio
and advises investors to buy and hold PMs
in anticipation of the next uptrend.
The
duo make cautionary comments on the harrowing
California wildfires; the 3 county raging
inferno is now the largest on record, a
"National Disaster."
While
some pundits have blamed lack of water as
a key catalyst, local authorities note ample
water supplies.
Arid
conditions, foliage overgrowth and urban
sprawl in remote, fire-prone forest regions
are the most likely culprit.
Strong
GDP numbers were released last week; the
U.S. economy grew at 4.1%, however our guest
notes that the figure is volatile.
Some
analysts hold to the thesis that 2019 could
witness a domestic recession as the flattening
yield curve suggests inversion as soon as
2019.
Our
guest sees sunnier economic prospects citing
the robust domestic manufacturing / transportation
/ service / housing sectors.
Firms
are accumulating raw goods and inputs ahead
of proposed trade tariffs, making the trucking
/ transportation sectors remain extremely
strong.
Wolf
Richter thinks the strength could buoy national
output, lowering the odds for an economic
downturn for the time being.
Wolf
Street includes a city-by-city review of
the Case Shiller Housing Index, illustrating
that the most frothy areas have significantly
eclipsed 2006.
Wolf
Richter, founder of WolfStreet.com
holds silver in his investment portfolio and
advises investors to buy and hold PMs in anticipation
of the next big uptrend. The duo make cautionary
comments on the harrowing California wildfires;
although the fire season has only just begun,
the 3 county raging inferno is now the largest
on record, a "National Disaster."
While some pundits have blamed lack of water
as a key catalyst, local authorities note
ample water supplies; arid conditions, foliage
overgrowth and urban sprawl in remote, fire-prone
forest regions are the most likely culprit.
Meanwhile, strong GDP numbers were released
last week; the U.S. economy grew at 4.1%,
however our guest notes that the figure is
volatile and will likely revert to the mean
over the next few quarters. While some analysts
hold to the thesis that 2019 could witness
a domestic recession as the flattening yield
curve suggests inversion as soon as 2019,
which nearly always precedes an economic slowdown
by 6-12 months, our guest sees sunnier economic
prospects. The domestic manufacturing / transportation
/ service / housing sectors remain so robust,
Wolf Richter thinks the strength could buoy
national output, lowering the odds for an
economic downturn for the time being. Wolf
Street includes a city-by-city review of the
Case Shiller Housing Index, illustrating that
the most frothy areas have significantly eclipsed
the 2006 housing bubble. Nevertheless, Housing
Bubble 2.0 could be unfolding due in part
to HUD
and related agencies underwriting the bulk
of mortgages (50%), with required downpayments
as low as 3.5% to secure a loan, far under
the traditional 20%. As manufactures and suppliers
scramble to accumulate raw goods and inputs
ahead of proposed trade tariffs, the trucking
/ transportation sectors remain extremely
strong, a favorite leading economic indicator
at Wolf Street.
Figure
1.1. Mendocina Complex California Blaze -
National Disaster
Note.
Video provided courtesy of Youtube.com.
Arch Crawford & Chris Waltzek PhD
- August 2nd, 2018.
Arch
Crawford, head of Crawford
Perspectives for 41 consecutive
years, outlines his technical perspective
on the global financial markets.
Regarding
the gold market, our guest views $1,200
gold as solid support, which must hold if
the bull trend is return with gusto.
Arch
Crawford maintains that every investment
portfolio should include a gold / silver
safety net to guard against lost purchasing
power and financial crises.
While
the long-term uptrend remains intact in
the US equities market, Arch is using near-term
weakness as an opportunity to double up
on his short position.
This
"might be the top" of the market,
according constellation analysis, a "disaster"
of epic proportions could befall the financial
markets.
Money
flows continue to pour into US equities
due in large part to recent Fed rate hikes,
which make dollar denominated assets and
higher rates competitive.
Early
in 2017, Goldseek.com Radio and The Alpha
Stocks Newsletter alerted patrons to the
Bitcoin rally at around $900, holding firm
until around $10,000.
Arch
Crawford's newsletter noted the precise
$20,000 Bitcoin peak in December.
He's
watching for buying opportunities during
pullbacks. Given that many analysts view
Bitcoin as moving 5x's the typical market.
Once
the bottom is firmly in place, the typically
positive fall season could encourage bulls
to push the BTC price above $10,000.
The
Redding California blaze, tragically accounted
for hundreds of lost homes, many lost lives
and 40,000 evacuations.
The
host contacted California authorities, suggesting
that mandatory regulations include metal
/ concrete roof tiles to curb fire tragedies.
More
than half of the hundreds of homes lost
could be averted as the fire typically spreads
from roof to roof.
By
simply changing from highly flammable tar
roofing to the suggested materials, insurance
companies could offer rebates for safer
tiling.
State
/ federal policies could be enacted to insure
that every home receives the needed upgrade
regardless of income level.
Much
of future infernos could be avoided by slowing
the advance of the blaze and gaining precious
minutes for firefighters and aerial support
ample time.
The host proposes another unique firefighting
concept - local / state authorities could
purchase heavy duty, yet lightweight, fire
resistant mylar sheeting.
Sheet
rolls could be distributed to every house
in each neighborhood.
Authorities
could issue a siren alert advisory that
would instruct / train neighbors to collaborate
by unrolling the sheets over each house,
thereby averting much of the destruction,
particularly in areas most remote from firestations,
low water flow areas and high risk hotspots.
Arch
Crawford, head of Crawford
Perspectives for 41 consecutive years,
outlines his technical perspective on the
global financial markets. Regarding the gold
market, our guest views $1,200 gold as solid
support, which must hold if the bull trend
is return with gusto. Given that all fiat
currencies decline in value over time, Arch
Crawford maintains that every investment portfolio
should include a gold / silver safety net
to guard against lost purchasing power and
financial crises. While the long-term uptrend
remains intact in the US equities market,
Arch is using near-term weakness as an opportunity
to double up on his short position. This "might
be the top" of the market, according
constellation analysis, a "disaster"
of epic proportions could befall the financial
markets on a global scale. However, money
flows continue to pour into US equities due
in large part to recent Fed rate hikes, which
make dollar denominated assets and higher
rates competitive relative to global alternatives
(Armstrong, 2018). Early in 2017, Goldseek.com
Radio and The Alpha Stocks Newsletter alerted
patrons to the Bitcoin rally at around $900,
holding firm until around $10,000, while Arch
Crawford's newsletter noted the precise $20,000
Bitcoin peak in December 2017 - he's watching
for buying opportunities during pullbacks.
Given that many analysts view Bitcoin as moving
5x's the typical market, the 8 month bear
market could be nearing an end; once the bottom
is firmly in place, the typically positive
fall season could encourage bulls to push
the BTC price above $10,000. Shifting gears,
The Redding California blaze, tragically accounted
for hundreds of lost homes, many lost lives
and 40,000 evacuations. The host contacted
California State authorities, suggesting that
mandatory regulations include metal / concrete
roof tiles to slow these regular fire tragedies.
More than half of the hundreds of homes lost
could be averted as the fire typically spreads
from roof to roof. By simply changing
from highly flammable tar roofing to the suggested
materials, insurance companies could offer
rebates and state / federal policies could
be enacted to insure that every home receives
the needed upgrade regardless of income level.
Much of future infernos could be avoided by
slowing the advance of the blaze and gaining
precious minutes for firefighters and aerial
support time to arrive at the scene (figure
1.1.). The host proposes another unique firefighting
concept - local / state authorities could
purchase heavy duty, yet lightweight, fire
resistant mylar sheeting, and distribute sheet
rolls to every house in each neighborhood.
Authorities could issue a siren alert advisory
that would instruct / train neighbors to collaborate
by unrolling the sheets over each house, thereby
averting much of the destruction, particularly
in areas most remote from firestations, low
water flow areas and high risk hotspots.
Figure
1.1. Redding Northern California Blaze - National
Disaster
Note.
Video provided courtesy of Youtube.com.
Peter
Eliades & Chris Waltzek PhD - August 1st,
2017.
Peter
Eliades of Stockmarket
Cycles, returns with technical insights on
the financial markets.
His
cycles work agrees with that of Arch Crawford,
a significant stock market peak may be in place.
Rydex
Bearish Funds indicate investors are the least
bearish in twenty years, suggesting the herd is
extremely ebullient, flashing an overbought signal.
Our
guest notes it may be prudent for more active
investors to consider placing protective sell
stops below profitable equities positions.
The price declines could exceed the expectations
of all but the most ardent bear.
The
FOMC met today to determine the benchmark overnight
lending rate – current FFF indicate 90% probability
of a hike at the meeting slated for Sept.
The
Dec. meeting shows strong prob. 63% of a second
quarter point rate hike.
Domestic
exports rose 9.3 percent, driven in part by increased
soybean shipments due to the new trade policies.
One
media source noted a soybean farmer in Pleasantville,
Iowa where the soybean exports increased more
than 50 percent in May from a year earlier as
trade tensions led foreign buyers to stock up
on American products.
Peter Eliades of
Stockmarket
Cycles, returns with technical insights on the
financial markets. His cycles work agrees with that
of Arch Crawford, a significant stock market peak
may be in place. Rydex Bearish Funds indicate investors
are the least bearish in twenty years, suggesting
the herd is extremely ebullient, flashing an overbought
signal. Our guest notes it may be prudent for more
active investors to consider placing protective sell
stops below profitable equities positions to guard
against a potential price deluge. According to his
analysis, the price declines could exceed the expectations
of all but the most ardent bear. Elsewhere, the FOMC
met today to determine the benchmark overnight lending
rate – current FFF indicate 90% probability of
a hike at the meeting slated for Sept. Plus the Dec.
meeting shows strong prob. 63% of a second quarter
point rate hike. In related news, domestic exports
rose 9.3 percent, driven in part by increased soybean
shipments due to the new trade policies. One media
source noted a soybean farmer in Pleasantville, Iowa
where the soybean exports increased more than 50 percent
in May from a year earlier as trade tensions led foreign
buyers to stock up on American products.
Louis Navellier & Chris Waltzek PhD - July
24, 2018.
Louis
Navellier of Navellier
& Associates sees the best corporate earnings
in decades, a 24% increase in the 1st Qtr.
Gold
and related shares deserve a place in every investment
portfolio according to our guest, as the ideal
panacea against government profligacy.
He finds little fault in the much maligned trade
tariffs, agreeing with his friend and colleague
Larry Kudlow's plan to undo protectionist policies.
Protectionist-trade
must be rebalanced through careful negotiations
with President Xi as well as other key trading
partners.
The
duo examine the Navellier Growth web page that
highlights 73 stocks recently upgraded from a
Hold to Buy rating.
Our
guest shares several of his favorite stock candidates,
including one of his holdings that added 18% gain
just today.
Topping
the list and his largest holding, the GPU chip
maker Nvidia is also a favorite of the host due
to remarkable Beta / Alpha statistics.
NVDA
makes even the most lackluster investment portfolio
look like a diamond by topping earnings expectations
for nearly 3 consecutive years.
NVDA
has record GPU demand stemming from processor-intensive
applications, such as research projects, financial
modeling, and weather forecasting.
(NVDA)
is the top GPU mining company with the most cost
competitive ZOTAC crypto mining capable GPUs,
two of which ran on the studio workstation during
the discussion.
(CXS)
was increased from a hold to a buy, however, our
guest prefers trucking firms such as Old Dominion
and Knight.
Lockheed
Martin (LMT)
that continues to benefit from solid economic
growth, global and military demand.
In
the red hot energy sector, picks include EC-Petrol
SA, (EC)
an oil company as well as the refining company
Valero (VLO).
The
host finds the talk of Bitcoin stealing market
share from gold dubious at best.
With
less than 3% of global inhabitants owning any
Bitcoin whatsoever, widespread adoption has not
yet taken place and confidence is nascent.
On the contrary, Bitcoin / ETH and related tokens
appear most closely correlated to the remarkable
US Tech boom, as illustrated by the recent 7,400
NASDAQ.
The
peak is about 50% above the year 2000 Dot.com
bubble top.
Bitcoin and competing cryptos represent de facto
safe haven money alternatives primarily in countries
like Venezuela where inflation could top 1 million
percent.
The
discussion includes quantum computing, a potential
threat to the cryptospace, where binary computing
gives way to q-bit technology.
Via
entanglement, q-bit based computers facilitate
nearly infinite parallel processing, particularly
useful for cracking private keys.
For
instance, a brilliant quantum computer programmer
with access to a $10 million machine, might crack
Satoshi Nakamoto's 1 million Bitcoin wallet, winning
an $8 billion prize.
In
theory a brute force, quantum based cracking-algorithm
could accomplish the task, though not condoned
by the show host, guest or Goldseek.com.
Louis
Navellier of Navellier
& Associates sees the best corporate earnings
in decades, a 24% increase in the 1st Qtr. while
companies repurchase their shares from the market
at a record clip, sending US equities into orbit.
Gold and related shares deserve a place in every
investment portfolio according to our guest, as
the ideal panacea against government profligacy
and unforeseen financial events. Louis Navellier
finds little fault in the much maligned trade tariffs,
agreeing with his friend and colleague Larry Kudlow
that the plan to undo decades of unfriendly protectionist-trade
must be rebalanced through careful negotiations
with President Xi as well as other key trading partners.
The duo examine the Navellier Growth web page that
highlights 73 stocks recently upgraded from a Hold
to Buy rating. Our guest shares several of his favorite
stock candidates, including one of his holdings
that added an 18% gain just today. Topping the list
and his largest holding, the GPU chip maker Nvidia,
also a favorite of the host due to remarkable Beta
/ Alpha statistics. NVDA makes even the most lackluster
investment portfolio look like a Wall Street diamond
by topping earnings expectations for nearly 3 consecutive
years, benefiting from the big theme of record GPU
demand stemming from processor intensive applications,
such as research projects, financial modeling, weather
forecasting and related statistical analyses. In
addition, (NVDA)
is the top GPU mining company with the most cost
competitive ZOTAC crypto mining capable GPUs, two
of which ran on the studio workstation during the
interview. Another interesting stock, (CXS)
was increased from a hold to a buy, however, our
guest prefers trucking firms such as Old Dominion
and Knight. In addition, (LMT)
Lockheed Martin continues to benefit from solid
economic growth, global demand and military demand.
Our guest highlights Invisalign (ALGN)
which straightens teeth with minimal expense; the
company has recorded booming sales growth. Key picks
in the red hot energy sector include EC-Petrol SA,
(EC)
an oil company as well as in the refining sector
with Valero (VLO).
The host finds the talk of Bitcoin stealing market
share from gold dubious at best; with less than
3% of inhabitants in industrialized nations owning
any Bitcoin whatsoever, widespread adoption has
not yet taken place and confidence is only beginning
to grow in Bitcoin as a digital gold alternative
safe haven. On the contrary, Bitcoin / ETH and related
tokens appear most closely correlated to the remarkable
US Tech boom, as illustrated by the recent 7,400
NASDAQ record high, about 50% above the year 2000
Dot.com bubble top. One acception to the rule, in
countries such as Venezuela where the President
Maduro is bracing for 1 million percent inflation,
i.e. total currency collapse, Bitcoin and competing
cryptos represent de facto safe haven money alternatives.
The discussion includes a potential future threat
to the cryptospace, quantum computing, where legacy
binary systems gives way to q-bit technology via
entanglement, which facilitates nearly infinite
parallel processing, particularly useful for cracking
private keys. In theory, a brilliant quantum computer
programmer with access to a $10 million machine,
might crack Satoshi Nakamoto's 1 million Bitcoin
wallet private key, via a brute force, P vs. NP
algorithm, winning a prize worth $8 billion. This
is presented merely for illustration purposes and
is not condoned by the show host, guest or Goldseek.com.
Bob
Hoye of Institutional
Advisors outlines the latest financial
market activity from his scenic mountain office
overlooking the bay in Vancouver.
The central importance of the national yield
curve for every North American as well as
our International listener's is the crux of
today's episode.
Financial
institutions remain solvent buy borrowing
at lower interest rates in the short-term
while lending at higher interest rates with
longer maturity's.
When
this spread begins to narrow or flatten, the
profitability declines proportionally with
highly predictable significance.
As
lending slows, corporate expansion declines,
work place hiring decreases, unemployment
climbs, profits wane and economic expansion
yields to recession.
The
yield curve is the flattest it's been in 11
years, the spread between 2 and 10 year Treasuries.
Since
the 1960's each recession was preceded by
an inverted yield curve, suggesting that a
recession could unfold as soon as 2019.
Nine out of ten recessions (Michael Pento,
2018) occurred after the yield curve inverted.
If
the current price hike trend continues with
two more rate hikes, the rate inversion could
portend trouble for the financial markets
and opportunity in gold
Bob
Hoye outlines a unique perspective on the
trade war noting that Washington D.C. is attempting
to reverse decades of unfair protectionist
trade practices against the U.S. to the benefit
of every domestic citizen / business.
Bob
Hoye of Institutional
Advisors outlines the latest financial market
activity from his scenic mountain office overlooking
the bay in Vancouver, British Columbia. The
central importance of the national yield curve
for every North American as well as our International
listener's is the crux of today's episode. Financial
institutions remain solvent buy borrowing at
lower interest rates in the short-term while
lending at higher interest rates with longer
maturity's., such as 30 year mortgages and profiting
from the difference or spread. However, when
this spread begins to narrow or flatten, the
profitability declines proportionally with highly
predictable significance. As lending slows,
corporate expansion declines, work place hiring
decreases, unemployment climbs, corporate profits
decline and economic expansion yields to recession.
The yield curve is the flattest it's been in
11 years, the spread between 2 and 10 year Treasuries.
Since the 1960's each recession was preceded
by an inverted yield curve, suggesting that
a recession could unfold as soon as 2019, similar
to the liquidity crisis during the Great Recession
of 2008. Nine out of ten recessions (Michael
Pento, 2018) occurred after the yield curve
inverted. Given that the yield curve is approaching
levels not seen since 2008, if the current price
hike trend continues with two more anticipated
by the FOMC this year, the inversion could portend
trouble for the financial markets and opportunity
in gold (Michael Snyder, 2018). Bob Hoye outlines
a unique perspective on the trade war noting
that Washington D.C. is attempting to reverse
decades of unfair protectionist trade practices
against the U.S. to the benefit of every domestic
citizen / businesses.
Bill
Murphy & Chris
Waltzek PhD - July 19th, 2018.
Bill
Murphy of GATA.org
notes precious metals investors will ultimately
be rewarded for their patience.
An endgame scenario is unfolding in the financial
markets that could result in an explosive
move higher for safe haven assets.
As
long as US equities remain the risk-off trade,
du jour, the PMs may remain in a cyclical
trading range.
The
nascent trade skirmish has already impacted
the housing sector.
Import
taxes on Canadian lumber have increased the
cost of new home construction domestically
by $9,000 per unit.
The
additional expense is passed along to the
home purchaser.
Already
desperate domestic farmers are finding it
even more challenging to make financial ends
meet, amid soybean tariffs on Asian imports.
The
key impact of tariffs could be stagflation,
as higher prices stifle global economic output
while encouraging price hikes.
A final warning from a US ally echoes the
sentiments of history - when trade halts between
national borders, more often than not, military
boots cross.
I.e.
a trade war could ignite a global military
skirmish.
While
the looming threat continues to boost US defensive
and security share prices, ultimately PMs
will benefit from the dual risk of insidious
inflation / economic stagnation and global
conflict.
Bill
Murphy of GATA.org
notes precious metals investors will ultimately
be rewarded for their patience, but must first
weather the coordinated assaults of the anti-gold
cartel. According to our guest, an endgame scenario
is unfolding in the financial markets that could
result in an explosive move higher for safe
haven assets. Nevertheless, as long as US equities
remain the risk-off trade, du jour, the PMs
may remain in a cyclical trading range. Elsewhere,
the nascent trade skirmish has already impacted
the housing sector - import taxes on Canadian
lumber have increased the cost of new home construction
domestically by $9,000 per unit; the expense
is passed along to the home purchaser. In addition,
already desperate domestic farmers are finding
it even more challenging to make financial ends
meet, amid soybean tariffs on Asian imports
- a key component to livestock agriculture.
The key impact of tariffs could be stagflation,
as higher prices stifle global economic output
while encouraging price hikes resulting in a
worst-case economic scenario. A final warning
from a US ally echoes the sentiments of history
- when trade halts between national borders,
more often than not, military boots make the
crossing; i.e. a trade war could ignite a global
military skirmish. While the looming threat
continues to boost US defensive and security
share prices, ultimately PMs will benefit from
the dual risk of insidious inflation / economic
stagnation and global conflict.
Figure
1.1. Dr. John Hall M.D. - Hero of Targeted Individual
Community - II
Note.
Video provided courtesy of Youtube.com.
Gerald Celente & Chris Waltzek PhD -
July 18th, 2018.
Head
of the Trends
Research Institute, Gerald Celente expresses
concerns over the potential for a showdown
of epic proportions in the Middle East.
Extreme
tensions in the region could ignite the crude
oil market, sending price per barrel soaring
while sparking a stampede into the precious
metals sector.
The
theme could benefit gold shares as well, according
to the work of Seabridge Gold CEO, Rudi Fronk,
who notes peak gold is in place.
Barrick
Gold CEO noted that the ailing quality of
gold quality ore and lessened production levels
combined with few major new gold discoveries
and lengthy time to production, bodes well
for the gold price.
The expert close-combat practitioner examines
the nascent global trade war, sparked by the
2018 US trade tariffs.
While
policymakers applaud record unemployment rate,
when adjusted for inflation the real employment
wage lags price increases.
Low
wages hampers the disposable income of the
masses and widening the gap between the wealthy
and the hoi polloi beyond any Industrial nation,
worldwide.
US
share prices may be overextended, as the initial
tax cuts behind much of the recent rally unwind
and only a handful of key stocks in the tech
sector.
The
FANG stocks continue to lead the indexes higher.
Head
of the Trends
Research Institute, Gerald Celente expresses
concerns over the potential for a showdown of
epic proportions in the Middle East. Extreme
tensions in the region could ignite the crude
oil market, sending price per barrel soaring
while sparking a stampede into the precious
metals sector. The theme could benefit gold
shares as well, according to the work of Seabridge
Gold CEO, Rudi Fronk, who notes peak gold is
in place, lowering the available gold supply
while improving demand conditions. Furthermore,
Barrick Gold CEO noted that the ailing quality
of gold quality ore and lessened production
levels combined with few major new gold discoveries
and lengthy time to production, bodes well for
the gold price, making the downside negligible
and upside unlimited. The expert close-combat
practitioner examines the nascent global trade
war, sparked by the 2018 US trade tariffs. While
policymakers applaud record unemployment rate,
when adjusted for inflation the real employment
wage lags price increases, eviscerating the
disposable income of the masses and widening
the gap between the wealthy and the hoi polloi
beyond any Industrial nation, worldwide. Meanwhile,
US share prices may be overextended, as the
initial tax cuts behind much of the recent rally
unwind and only a handful of key stocks in the
tech sector, the FANGS stocks lead the indexes
higher. The discussion concludes with strategies
for personal protection and close combat - Gerald
Celente suggests a free online
resource for individuals interested in self-protection,
Attackproof.com. Beginners can order a cheap
sand
bag / slam bag from Amazon.com to begin essential
hand strengthening.
Figure
1.1. Attackproof.com - The Only Reliable Self-defense
Training, Period.
Note.
Video provided courtesy of Youtube.com.
Arch Crawford & Chris Waltzek PhD - July
12th, 2018.
Arch
Crawford, head of Crawford
Perspectives for 41 consecutive years,
outlines his technical perspective on the
global financial markets.
US shares could continue to decline along
with global equities where shares in the Shanghai
exchange dropped 21% from the peak.
Market
volatility may explode next month - June 6th
- 14th could be a difficult time in markets.
The
current period is the longest consolidation
without a new high in years, suggesting slowing
momentum in US share prices.
Arch
Crawford is heavily short the US equities
markets and expects the bearish side to remain
the most profitable along with highly rated
US bonds.
The
gold market continues to test key support
- the price could soon stage a rebound rally.
Arch
Crawford, head of Crawford
Perspectives for 41 consecutive years,
outlines his technical perspective on the global
financial markets in this brief interview. US
shares could continue to decline along with
global equities where shares in the Shanghai
exchange dropped 21% from the peak. Market volatility
may explode next month - June 6th - 14th could
be a difficult time in markets. The current
period is the longest consolidation without
a new high in years, suggesting slowing momentum
in US share prices. Arch Crawford is heavily
short the US equities markets and expects the
bearish side to remain the most profitable along
with highly rated US bonds. The gold market
continues to test key support - the price could
soon stage a rebound rally.
Figure
1.1. Draper on the Merits of Bitcoin
Note.
Video provided courtesy of Youtube.com.
Dr.
Stephen Leeb & Chris Waltzek PhD
- July 11th, 2018.
Our
guest notes that repairing decades of unfair global
trade is sound, but the lack of subtlety, diplomacy,
cooperation and gung-ho actions could backfire.
If NASA engineers found landing a human on the moon
challenging, economists may be facing a far more
daunting task while resolving the the trade war.
The
duo explore the importance to embrace, nourish,
foster and invest in innovative technologies via
private / public sector think tank concepts, similar
to RAND, Bell Labs, Fairchild Semiconductor and
other skunkworks projects that paved the road to
today's technological marvels.
Best
selling author, Dr. Stephen Leeb returns with
a solid outlook on the gold sector. The
precious metals could merge with the blockchain to
facilitate sound money transactions at an accelerated
pace and with far greater transparency. Plus, with
light sweet crude oil breaking multi-year records,
the threat of inflation could further encourage the
gold bulls. Dr. Leeb suggests investors view gold
in terms of China's Yuan ($GOLD:CYB) to better
gauge the true technical strength of the yellow metal.
In addition, our guest notes that repairing decades
of unfair global trade is sound, but the lack of subtlety,
diplomacy, cooperation and gung-ho actions could backfire
with dire economic consequences. If NASA engineers
found landing a human on the moon challenging, economists
may be facing a far more daunting task while resolving
the imbalances and political blowback from the trade
war. Meanwhile, the duo explore the importance to
embrace, nourish, foster and invest in innovative
technologies via private / public sector think tank
concepts, similar to RAND, Bell Labs, Fairchild Semiconductor
and other skunkworks projects that paved the road
to today's technological marvels.
Bob
Hoye of Institutional
Advisors rejoins the show with upbeat commentary
on the PM's sector.
The
shifting yield curve (spread between 2 and 10
year Treasury Notes), suggests that a liquidity
crisis could unfold similar to the Great Recession.
90% of recessions (Michael Pento, 2018) occurred
after the yield curve inverted.
If
the current price hike trend continues with
two more anticipated by the FOMC this year,
the inversion could portend trouble for the
financial markets.
Our guest notes that the US has two previous
failed experiments in trade tariffs, first "The
Tariff of Abominations of 1825," and the
1930 Smoot-Hawley Act.
Both Tariff Acts were accused of exacerbating
the unemployment, slowing economic growth and
curtailing global trade.
Officials
are advised to proceed cautiously with the current
trade tariffs to avoid crushing global economic
contraction, collapsing global trade and widespread
unemployment.
Got
gold?
Bob
Hoye of Institutional
Advisors rejoins the show with upbeat commentary
on the PM's sector. The shifting yield curve (spread
between 2 and 10 year Treasury Notes), suggests
that a liquidity crisis could unfold similar to
the Great Recession of 2008. Nine out of ten recessions
(Michael Pento, 2018) occurred after the yield curve
inverted. Given that the yield curve is approaching
levels not seen since 2008, if the current price
hike trend continues with two more anticipated by
the FOMC this year, the inversion could portend
trouble for the financial markets and opportunity
in gold. Drawing from a considerable repertoire
in financial history, our guest notes that the US
has two previous failed experiments in trade tariffs,
first "The Tariff of Abominations of 1825,"
that lead to an economic contraction and soaring
unemployment second, the 1930 Smoot-Hawley Trade
Tariff Act, which is accused of exacerbating the
29% unemployment of the Great Depression. The key
takeaway point, officials are advised to proceed
cautiously with the current trade tariffs to avoid
crushing global economic contraction, collapsing
global trade and widespread unemployment. Got gold?
Peter Schiff & Chris Waltzek PhD
- July 4th, 2018.
Inflation
is a chief concern at EuroPac, just as the economy
is headed back to a 2008 style Great Recession,
which could result in Stagflation
Stagflation
has positive implications for the PMs sector,
as illustrated by the 1970's gold bull market,
case study.
As
2 year / 10 year Treasury note yields invert,
perhaps as soon as early 2019, 90% of the time
this event coincides with a recession / stock
market correction.
Fed
policymakers will reverse hawkish rate hikes
and resume dovish rate cuts to restore normalcy
to the markets.
The
Smoot-Hawley Tariff Act of 1930 resulted in
a reduction of 66% of global trade.
According
to some economists, this exacerbated the Great
Depression.
The
duo examine if the current trade war could be
combine with higher rates to foment a new Great
Recession.
Our
guest outlines a possible case for hyperinflation,
similar to Venezuela, where the Bolivar went
from near parity with the US dollar, to virtually
zero, requiring tens of millions of Bolivar
to purchase a single ounce of gold.
Peter
Schiff, head of SchiffGold,
Euro Pacific
Capital, and Euro
Pacific Gold Fund (EPGFX) returns with his
latest market insights. Inflation is a chief concern
at EuroPac, just as the economy is headed back to
a 2008 style Great Recession, which could result in
Stagflation, a worst case scenario for the Fed and
investors. Nonetheless, stagflation has positive implications
for the PMs sector, as illustrated by the 1970's gold
bull market, case study. As 2 year / 10 year Treasury
note yields invert, perhaps as soon as early 2019,
90% of the time this event coincides with a recession
/ stock market correction. In response, Fed policymakers
will reverse hawkish rate hikes and resume dovish
rate cuts to restore normalcy to the markets. Meanwhile,
the Smoot-Hawley Tariff Act of 1930 resulted in a
reduction of 66% of global trade; according to some
economists, this exacerbated the Great Depression.
In similar fashion, the duo examine if the current
trade war between the US and Canada, Mexico, EU and
China could be combine with higher rates to foment
a new Great Recession. Our guest outlines a possible
case for hyperinflation, similar to Venezuela, where
the Bolivar went from near parity with the US dollar,
to virtually zero, requiring tens of millions of Bolivar
to purchase a single ounce of gold.
Figure
1.1. Draper & Son - The Future of Bitcoin
Note.
Video provided courtesy of Youtube.com.
Alpha
Stocks Newsletter
David Morgan & Chris Waltzek PhD - June 28th,
2018.
Head
of The
Morgan Report, David Morgan rejoins the
show with comments on the PMs sector noting
that gold remains a "free lunch" diversification
asset.
"The
most negatively correlated asset to the US stock
market is gold."
The
new trade war resembles the Smoot-Hawley Tariff
Act of 1930, which ultimately lead to losses
in US jobs and exports abroad.
88
years later, the US economy has hemorrhaged
500,000 top paying manufacturing jobs per year
for over one decade, over 5 million fewer jobs.
Is
it wise to wage a trade war under such conditions
and might it backfire in the Once the stamped
to gold begins in earnest, all that will be
required is the effort of 1-3% of the population
to catapult the yellow metal skyward.
Our
guests applies Elliott Wave analysis to the
gold market, noting that the early I and II
waves have passed.
The
most forceful / profitable wave III is now gaining
momentum to send the market to new record figures.
Once
investors push gold to $2,500, our guest suggests
a blow-off phase could commence sending the
precious metals higher by several fold.
The
narrative includes a trading strategy that tops
99% of professional money managers.
Building
a solid portfolio with balanced betas combined
with portfolio alpha-boosting services like
the Alpha
Stocks Newsletter can enhance profits.
Tossing
darts when attempting to boost portfolio alpha
inevitably backfires; instead a scientific /
passive approach wins out over more risky trading
strategies.
Head
of The
Morgan Report, David Morgan rejoins the show
with comments on the PMs sector noting that gold
remains a "free lunch" diversification
asset, "the most negatively correlated asset
to the US stock market." The new trade war
resembles the Smoot-Hawley Tariff Act of 1930,
which ultimately lead to losses in US jobs and
exports abroad. 88 years later, the US economy
has hemorrhaged 500,000 top paying manufacturing
jobs per year for over one decade, resulting in
over 5 million fewer well paid positions and lower
overall living standards. Is it wise to wage a
trade war under such conditions and might it backfire
in the US as well as with trading partner nations,
sending the global economy into a 2008 style Great
Recession 2.0. Once the stamped to gold begins
in earnest, all that will be required is the effort
of 1-3% of the population to catapult the yellow
metal skyward into uncharted territory. Our guests
applies Elliott Wave analysis to the gold market,
noting that the early I and II waves have passed;
the most forceful / profitable wave III is now
gaining momentum to send the market to new record
figures. Once investors push gold to $2,500, our
guest suggests a blow-off phase could commence
sending the precious metals higher by several
fold for example, $7,500 in a brief six month
time-frame. The narrative includes a trading strategy
that tops 99% of professional money managers;
building a solid portfolio with balanced betas
combined with portfolio alpha-boosting services
like the Alpha
Stocks Newsletter can enhance profits beyond
that anticipated by modern portfolio theory. Put
differently, tossing darts when attempting to
boost portfolio alpha inevitably backfires; instead
a scientific
/ passive approach wins out over more risky
trading strategies.
Titan
of Wall Street, Ralph Acampora of Altaira
Wealth Management,"Professor
of TA," and co-creator of the (CTA) designation,
returns.
"Be
careful, be selective ... keep close stops on
most US shares."
The
financial sector tends to lead the market, which
is a bad omen for bulls as many financial stocks
continue to underperform.
The
Dow Utilities Index, a perennial favorite leading-indicator
remains close to the April highs.
If
price closes above 711, the current stock market
weakness may represent a passing anomaly.
The
discussion includes favorite technical analysis
tools, such as the Relative Strength Index (RSI)
and Moving Average Convergence, Divergence (MACD).
The
Dow Industrials remains our guest's favorite market
proxy; the arithmetic mean of the 30 blue chip
stocks currently indicates an upside limit of
28,000.
The lower limit of 23,000 and the highest probability
of 25,000-26,500.
Using
financial history as a playbook the current 9-year
secular bull-market could extend beyond the imagination
and margin of the most ardent bears.
Ralph
Acampora sees the potential for another 4-5 solid
years ahead for shares prices, with the key proviso,
the market is overdue for a 10%-15% correction.
The
duo coin a Financial Term, the Acampora Rate Index
(ARI); not until the Fed's overnight lending rate
ascends over 5%.
OPEC
announced lower than expected daily oil output
of 600,000 barrels per day, sending the price
soaring this week.
Our
guest insists that the inflation impact of oil
will not impact US share prices until WTIC climbs
above $90+ per barrel.
Titan
of Wall Street, Ralph Acampora of Altaira
Wealth Management,"Professor
of Technical Analysis," and co-creator of the
Chartered Technical Analyst (CTA) designation, returns
with a slightly cautious outlook on US equities. Our
guest notes, "Be careful, be selective ... keep
close stops on most US shares." The financial
sector tends to lead the market, a bad omen for bulls
as many financial stocks continue to underperform.
The Dow Utilities Index, a perennial favorite leading-indicator
remains close to the April highs; if price closes
above 711, the current stock market weakness may represent
a passing anomaly. The discussion includes favorite
technical analysis tools, such as the Relative Strength
Index (RSI) and Moving Average Convergence, Divergence
(MACD), both on a weekly basis. The Dow Industrials
remains our guest's favorite market proxy; the arithmetic
mean of the 30 key blue chip stocks currently indicates
an upside limit of 28,000 a lower limit of 23,000
with the highest probability of 25,000-26,500. Using
financial history as a playbook the current 9-year
secular bull-market could extend beyond the imagination
and margin of the most ardent bears. Ralph Acampora
sees the potential for another 4-5 solid years ahead
for shares prices, with the key proviso, the market
is overdue a healthy 10%-15% correction. The duo coin
a Financial Term, the Acampora Rate Index (ARI): not
until the Fed's overnight lending rate ascends over
5% should equities market investors shift from a bullish
to a bearish stance. Although OPEC announced lower
than expected daily oil output of 600,000 barrels
per day, sending the price soaring this week, our
guest insists that the inflationary impact of oil
will not impact US share prices until WTIC climbs
above $90+ per barrel.
Peter
Grandich entered the largest dollar short position
against US equities in his 35+ year career and
turned strongly bullish on the PMs sector.
US trading partners have recycled trillions of US
dollars vis-à-vis the massive trade deficit,
by way of buying US Treasuries, resulting in the
longest bond bull.
The four decade theme could be reversing on reports
that the BRICS nations are dumping US debt, including
Russia, which just sold half of its US Treasuries.
Peter
Grandich split half of his portfolio into physical
gold / silver and half into the mining shares with
a nearly 10% downside vs. 100% upside potential.
The
discussion includes the seminal work of Egon
von Greyerz on the Venezuelan Bolivar calamity,
where a currency crisis resulted in hyperinflation;
one ounce of gold now costs 75 million Bolivars
in just a few months time.
Peter
Grandich of Peter
Grandich and Company and Pete
Speaks returns with commentary on the US stock market
and the PMs sector. Against the backdrop of a new "Cold
Trade-War" that includes threats
against China of $200 billion in new tariffs, our
largest trading partner, our guest entered the largest
dollar short position against US equities in his 35+
year career and turned strongly bullish on the
PMs sector, in particular, gold / silver shares.
For nearly 40 years, US trading partners have recycled
trillions of US dollars vis-à-vis the massive
trade deficit, by way of buying US Treasuries, resulting
in the longest bond bull market in history. However,
that four decade theme could be reversing on reports
that the BRICS nations are dumping US debt, including
Russia, which just sold half of its US Treasuries and
China, the largest US debt holder. In response, Peter
Grandich split half of his portfolio into physical gold
/ silver and half into the mining shares with a nearly
1:10 risk to reward ratio (10% downside vs. 100% upside
potential). The discussion includes the seminal work
of Egon
von Greyerz on the Venezuelan Bolivar calamity,
where a currency crisis resulted in hyperinflation;
one ounce of gold now costs 75 million Bolivars in just
a few months time.<
Figure
1.1. Gold Soars to $75 Million Bolivar - Hyperinflation
in Ven. - Egon von Greyerz
The
Rich Dad book series author expects
the US shares rally to pause; he's accumulating
a cash position to invest in safe haven assets.
Rich
Dad expects for most investors to relinquish
gains via illiquid assets such as sluggish mutual
funds.
The
investor herd has little knowledge of key alternatives
to equities, which will further exacerbate the
dilemma.
Robert
Kiyosaki started purchasing gold at $70 an ounce
en route perhaps to $10,000 and continues to
HODL gold / silver at these levels.
Gold
remains the ideal hedge against inflationary
economic policies and unscrupulous activities.
In
2000, the US dollar was the de facto currency
to own - today investors have many alternatives,
such as the Euro, Bitcoin, PMs, etc.
Gold
is the best financial portfolio insurance policy,
the only money official sanctioned from above,
"Gold is God's money."
For
investors seeking income, dividend yielding
US equities are advisable, notes our guest.
His
"Five G's:" gold, gasoline, grub (food),
ground (real estate), and guns will help every
household withstand the imminent financial sea
change.
Robert
Kiyoaski, America's 'Rich Dad' returns
to the show, author of Second
Chance: for Your Money, Your Life and Our World
(2015). The
Rich Dad book series author expects
the US shares rally to pause; he's accumulating
a cash position to invest in safe haven assets.
Rich Dad expects for most investors to relinquish
gains via illiquid assets such as sluggish mutual
funds. Plus, the investor herd has little knowledge
of key alternatives to equities, which will further
exacerbate the dilemma. Robert Kiyosaki started
purchasing gold at $70 an ounce en route perhaps
to $10,000 and continues to HODL gold / silver
at these levels as the ideal hedge against inflationary
economic policies and unscrupulous activities.
In 2000, the US dollar was the de facto currency
to own - today investors have many alternatives,
such as the Euro, Bitcoin, PMs, etc. Nonetheless,
gold is the best financial portfolio insurance
policy, the only money official sanctioned from
above, "Gold is God's money." For investors
seeking income, dividend yielding US equities
are advisable, notes our guest. Moreover, his
"Five G's:" gold, gasoline, grub (food),
ground (real estate), and guns will help every
household withstand the imminent financial sea
change.
Professor
Laurence Kotlikoff & Chris Waltzek PhD -
June 14, 2018.
Professor Laurence Kotlikoff, author of the FREE
book: You're
Hired! says gold and silver investors
could emerge victorious.
What
could drive PMs prices higher? Our trading "partners"
are already starting to make it clear that they
don't need us.
Tensions between the US and key nations continues
to ratchet up on the heels of Group of Seven nations
talks in Canada this past weekend.
The
trade feud between Washington and Canada, Mexico,
Europe, and China is intensifying.
French President Emmanuel Macron proposed the
US is wrecking global diplomatic relations, calling
for the US to be removed from the G-7 group. According
to Labor Department report, US jobless claims
fell slightly this month, with the number of layoffs
in the U.S. close to a 50-year low.
Initial
weekly jobless claims dropped 1,000 to 222,000
for the week ended June 2.
The
number of Americans filing for unemployment benefits
unexpectedly declined indicating tighter labor
conditions.
The
unemployment rate remains at a 18-year low of
3.8 percent. The discussion swerves to the new
technological revolution in AI / robots.
The
sea change could displace more jobs than can be
replaced over the coming years, leading to a global
unemployment epidemic without viable solutions.
Economist
Professor Laurence Kotlikoff, author of the FREE
book: You're
Hired! says gold and silver investors could
emerge victorious compared to most asset classes,
including US shares. What could drive PMs prices
higher? Our trading "partners" are already
starting to make it clear that they don't need us
as tensions between the US and key nations continues
to ratchet up on the heels of Group of Seven nations
talks in Canada this past weekend.
The trade feud between Washington and Canada, Mexico,
Europe, and China is intensifying with French President
Emmanuel Macron proposing that the US is wrecking
global diplomatic relations, calling for the world's
largest economy to be removed from the G-7 group.
Meanwhile, according to Labor Department report,
US jobless claims fell slightly this month, with
the number of layoffs in the U.S. close to a 50-year
low. Initial weekly jobless claims dropped 1,000
to 222,000 for the week ended June 2. In addition,
the number of Americans filing for unemployment
benefits unexpectedly declined indicating tighter
labor conditions. The unemployment rate remains
at a 18-year low of 3.8 percent. The discussion
swerves to the new technological revolution in AI
/ robots that could displace more jobs than can
be replaced over the coming years, leading to a
global unemployment epidemic without viable solutions.
For instance, new versions of IBM's
Deep Blue AI, are displacing formerly insulated,
high skill jobs deemed impervious to automation,
just a few years prior (figure 1.1.).
Figure
1.1. Japanese insurance company Replaces 34 workers
with AI
Note.
Video provided courtesy of Youtube.com.
Bill
Murphy & Chris Waltzek
PhD - June 13th, 2018.
Bill
Murphy of GATA.org
notes the risk / reward scenario for precious
metals investors may have never been this favorable.
The
massive JP Morgan silver short position and
it's potential to cause an epic short-squeeze,
sending the price of silver skyward.
The dialogue includes two favorite Alpha Stock
Newsletter gold stock candidates, Agnico Eagle
(AEM)
and Pan American Silver (PAAS).
Today,
the FOMC raised the overnight lending rate by
a quarter point to 2% for the fist time in a
decade.
Policymakers
noted expectations for the already tame unemployment
rate of 3.8%, the lowest in 17 years, to
drop further to 3.6%.
The
yield curve is vulnerable to inversion after
the Dec. FOMC quarter point rate hike, leading
to an economic slowdown as soon as the summer
of 2019.
The trade war between Washington and our neighbors
Canada / Mexico as well as major trade partners,
Europe / China remains a wildcard that has the
smart money accumulating safe haven investments
ahead of potential economic sanctions related
blowback.
Bill
Murphy of GATA.org
notes the risk / reward scenario for precious metals
investors may have never been this favorable. the
massive JP Morgan silver short position and it's
potential to cause an epic short-squeeze, sending
the price of silver skyward as well as silver producers
such as First Majestic with CEO Keith Neumeyer.
The dialogue includes two favorite Alpha Stock Newsletter
gold stock candidates, Agnico Eagle (AEM)
and Pan American Silver (PAAS),
both of which continue to outperform the underlying
XAU index. Today, the FOMC raised the overnight
lending rate by a quarter point to 2% for the fist
time in a decade; policymakers noted expectations
for the already tame unemployment rate of 3.8%,
the lowest in 17 years, to
drop further to 3.6%, offering additional wiggle
room for an 8th rate hike in this cycle at the
December FOMC meeting. Nevertheless, the yield curve
is vulnerable to inversion after the Dec. FOMC quarter
point rate hike, leading to an economic slowdown
as soon as the summer of 2019, which could put the
PMs markets back on the global investing stage,
as investors seek shelter from the lofty S&P
P/E's ratio. The trade war between Washington and
our neighbors Canada / Mexico as well as major trade
partners, Europe / China remains a wildcard that
has the smart money accumulating safe haven investments
ahead of potential economic sanctions related blowback.
Chris Martenson PhD &
Chris Waltzek PhD - June 7th, 2018.
Chris
Martenson from PeakProsperity.com,
author of Prosper!
says the global macroeconomic outlook is dire.
Given
the downturn in the long-running credit cycle,
considerable QE efforts will be required via
CB monetary policy to maintain the status
quo.
CB,
QE operations oftentimes result in unexpected
consequences, in particular, runaway inflation,
which bodes well for precious metals investors.
Investors must search for "real, tangible
wealth," and no asset class better fulfills
this characteristic than gold and related
shares.
Gold
performs best as a hedge against monetary
/ currency crises and distrust of policymaker
decisions.
Despite
that fact that silver currently sells for
less than the production cost and silver's
history as a monetary metal and inelastic
supply / demand.
The
precious metal remains a leverage play on
gold with the benefit of its industrial appeal.
Semiprecious
metals are also of interest, including nickel
and indium, as tangle assets become rarer
and more difficult to mine.
The show wraps with a brief discussion on
the benefits of intermittent fasting and hourly
exercise breaks.
Intermittent
fasting has been statistically proven to
boost calorie consumption / metabolic rate by
up to 10%-14% without any exercise or medicine
required.
The
AMA recommends walking briskly every hour for
at least 2-3 minutes to reduce the symptoms
of pre-diabetes and Type II diabetes, promote
healthy cardio function, reduce arterial sclerosis
and enhance quality of life.
Chris
Martenson from PeakProsperity.com,
author of Prosper!
says the global macroeconomic outlook is dire.
Given the downturn in the long-running credit
cycle, considerable QE efforts will be required
via CB monetary policy to maintain the status
quo. Nevertheless, QE operations oftentimes result
in unexpected consequences, in particular, runaway
inflation, which bodes well for precious metals
investors who have endured several frustrating
seasons. Investors must search for "real,
tangible wealth," and no asset class better
fulfills this characteristic than gold and related
shares. Gold performs best as a hedge against
monetary / currency crises and distrust of policymaker
decisions. Similarly, despite that fact that silver
currently sells for less than the production cost
and silver's history as a monetary metal and inelastic
supply / demand, the precious metal remains a
leverage play on gold with the benefit of its
industrial appeal. Semiprecious metals are also
of interest, including nickel and indium, as tangle
assets become rarer and more difficult to mine,
amid a global population explosion topping 7.6
trillion inhabitants. The show wraps with a brief
discussion on the benefits of intermittent fasting
and hourly exercise breaks; intermittent
fasting has been statistically proven to boost
calorie consumption / metabolic rate by up to
10%-14% without any exercise or medicine required
(figure 1.1.). Plus the AMA recommends walking
briskly every hour for at least 2-3 minutes to
reduce the symptoms of pre-diabetes and Type II
diabetes, promote healthy cardio function, reduce
arterial sclerosis and enhance overall quality
of life, naturally.
Figure
1.1. Intermittent Fasting replenishes Mitochondria
- Dr Rhonda Patrick on Joe Rogan Experience
Note.
Video provided courtesy of Youtube.com.
Martin
Armstrong & Chris Waltzek PhD - June 6th,
2017.
Global
financier, Martin Armstrong ofArmstrong
Economics rejoins the show with
this latest market commentary.
Despite
the coordinated Herculean efforts of global
central banks, low rate policies have failed
to revive the economic patient.
Pension
funds and related retiree accounts have
suffered through impossibly low rates, further
compounding the difficulties facing already
strapped retirees.
Similar
to the Carillion
shares implosion, our guest views European
banking-behemoth as a derivatives laden
($45 trillion) impending accident.
The
EU was doomed from the onset due to the
lack of homogeneity within the cultural,
socioeconomic environment among member states.
Martin
Armstrong expects the PMs sector bull market
to return when the typical investor loses
confidence in monetary policies.
The
Armstrong economic model currently expects
the near parabolic climb in US equities
to continue, with the Dow Jones potentially
doubling again from current levels to has
high as 50,000.
Global
financier, Martin Armstrong ofArmstrong
Economics rejoins the show with this
latest market commentary. Despite the coordinated
Herculean efforts of global central banks, low
rate policies have failed to revive the economic
patient. As a result, pension funds and related
retiree accounts have suffered through impossibly
low rates of return, further compounding the
difficulties facing already strapped retirees.
In similar fashion as the Carillion
shares implosion, our guest views European
banking-behemoth as a derivatives laden ($45
trillion) accident looking for a place to occur;
DB
remains the potential Achilles' Heel that
could wreck the EU economy, triggering a new
global economic crisis. Essentially, the EU
was doomed from the onset due to the lack of
homogeneity within the cultural, socioeconomic
environment among member states. Martin Armstrong
expects the PMs sector bull market to return
when the typical investor loses confidence in
monetary policies. The Armstrong economic model
currently expects the near parabolic climb in
US equities to continue, with the Dow Jones
potentially doubling again from current levels
to has high as 50,000.
Figure
1.1. Tim Draper on the Blockchain Revolution
Note.
Video provided courtesy of Youtube.com.
Dr. Paul Craig Roberts & Chris Waltzek PhD
- May 31th, 2018.
The
discussion begins with the new global trade
War; although the US has suffered the loss of
500,000 manufacturing jobs per year for over
a decade.
The
proposed cure to heal the economic patient (trade
tariffs) may be more detrimental than the disease.
The
US will deploy aluminum tariffs with Mexico
and Canada
as soon as this Friday, noted one report.
Our
guest views tariffs on such manufacturing inputs
as counterproductive.
"Globalism
and neo-liberal economics, have essentially
destroyed the national manufacturing base...
and ruined the country."
While
true "free trade" benefits all nations
involved, the trouble stems from "absolute
trade," which benefits one nation over
the other trade partner.
Policymakers
allowed the most productive domestic manufacturing
cities to lose their key plants / facilities,
decimating their key competitive edge.
The
same malevolent processes are taking place in
Italy, France, U.K. and Germany, injuring the
classes for the economic benefit of the upper
1%.
He
views the gold and silver safe havens as the
only viable shelters from an impending economic
maelstrom of epic proportions.
Dr.
Paul Craig Roberts from the Institute
for Political Economy, author of several
best-selling tomes, rejoins the show with solid
news for PMs aficionados. The discussion begins
with the new global trade War; although the US has
suffered the loss of 500,000 manufacturing jobs
per year for over a decade, the proposed cure to
heal the economic patient (trade tariffs) may be
more detrimental than the disease. The US will deploy
aluminum tariffs with Mexico and Canada
as soon as this Friday, noted one report. Our guest
views tariffs on such manufacturing inputs as counterproductive.
In addition, "Globalism and neo-liberal economics,
have essentially destroyed the national manufacturing
base... and ruined the country." While true
"free trade" benefits all nations involved,
the trouble stems from "absolute trade,"
which benefits one nation significantly over the
other trade partner. Policymakers allowed the most
productive domestic manufacturing cities to lose
their key plants / facilities, decimating their
key competitive edge. The same malevolent processes
are taking place in Italy, France, U.K. and Germany,
injuring the working / middle classes for the economic
benefit of the upper 1%. He views the gold and silver
safe havens as the only viable shelters from an
impending economic maelstrom of epic proportions.
Figure
1.1. HERO of the T.I. Community - Dr. John Hall,
M.D.
Note.
Video provided courtesy of Youtube.com.
Arch Crawford & Chris Waltzek PhD - May
30th, 2018.
Arch
Crawford, head of Crawford
Perspectives for 41 consecutive years,
outlines his technical perspective on US shares,
gold, silver indexes.
Market
volatility could explode next month; his work
indicates June 6th through June 14th could be
a difficult time in markets for traders / investors.
The
current period is the longest consolidation
without a new high in years, suggesting waning
momentum in US share prices.
Uncertainty
tends to be good for safe haven investments
- Arch says he's "... a buyer of the metals
(precious metals), as well as Bitcoin and any
solid hedge."
The host notes, Financial
money flows (WSJ) continue to favor financial
stocks, a positive sign for the overall markets,
as financial shares tend to lead the averages
higher.
Arch
Crawford, head of Crawford
Perspectives for 41 consecutive years,
outlines his technical perspective on US shares,
gold, silver indexes. Market volatility could
explode next month; his work indicates June 6th
through June 14th could be a difficult time in
markets for traders / investors. The current period
is the longest consolidation without a new high
in years, suggesting waning momentum in US share
prices. However, uncertainty tends to be good
for safe haven investments - Arch says he's "...
a buyer of the metals (precious metals), as well
as Bitcoin and any solid hedge." Nevertheless,
the host notes, Financial
money flows (WSJ) continue to favor financial
stocks, a positive sign for the overall markets,
as financial shares tend to lead the averages
higher. The dialogue takes intriguing turns into
esoteric topics of interest.
Figure
1.1. Ivan and Bitcoin OG, Roger Ver
Note.
Video provided courtesy of Youtube.com.
Peter Schiff & Chris Waltzek PhD
- May 24th, 2018.
Our
guest expects fireworks in the gold and silver
shares market, as Fed policymakers backpedal
on rate hikes.
To
save the domestic economy from deflationary
collapse, policymakers will turn dovish and
expand the balance sheet in the next round of
quantitative easing.
Investors
have already factored in the Fed's rate hike
program, which could culminate in a buy the
rumor, sell the dollar scenario to the benefit
of the PMs.
Domestic
interest rates continue to ascend due to inordinately
high debt / inflation, not the economic growth
claimed in reports, according to Peter Schiff.
Both the host / guest concur, the net impact
will create stagflation.
A
worst of world's 1970's style inflationary economic-slowdown
is inevitable, but on a much greater scale,
perhaps culminating in total global financial
meltdown.
Eventually
the euphoria surrounding US equities rally will
fade, sending the PMs rocket en route "...
to the moon."
Peter
Schiff suggests high yielding defensive and
pharmaceutical stocks, and selected for his
clients.
The
host agrees on the importance of return of funds
as well as return on funds, noting that virtually
all of the Alpha
Stocks Portfolio Candidates include higher
than typical dividend yields.
Peter
Schiff, head of SchiffGold,
Euro Pacific
Capital, and Euro
Pacific Gold Fund (EPGFX) returns with
market commentary. Our guest expects fireworks
in the gold and silver shares market, as Fed policymakers
backpedal on rate hikes. To save the domestic
economy from deflationary collapse, policymakers
will turn dovish and expand the balance sheet
in the next round of quantitative easing. Investors
have already factored in the Fed's rate hike program,
which could culminate in a buy the rumor, sell
the dollar scenario to the benefit of the PMs
sector. Domestic interest rates continue to ascend
due to inordinately high debt / inflation, not
the economic growth claimed in reports, according
to Peter Schiff. Both the host / guest concur,
the net impact will create stagflation., a worst
of world's 1970's style inflationary economic-slowdown,
but on a much greater scale, perhaps culminating
in total global financial meltdown. Eventually
the euphoria surrounding US equities rally will
fade, sending the PMs rocket en route "...
to the moon." In addition to PMs, Peter Schiff
suggests high yielding defensive and pharmaceutical
stocks, and selected for his clients. The host
agrees on the importance of return of funds as
well as return on funds, noting that virtually
all of the Alpha
Stocks Portfolio Candidates include higher
than typical dividend yields.
Bob
Hoye of Institutional
Advisors rejoins the show with comments on the
global financial bubble.
This
could be the most exciting time in 400 years for
investors, amid robust economic conditions in US
equities as well as industrial commodities.
The
blockchain revolution will transform the field of
finance and economics through frictionless and virtually
anonymous transactions.
Bitcoin
/ altcoins will satisfy the global demand for a
sound, digital and liquid currency.
Bob
Hoye is somewhat enheartened by a geopolitical,
"popular-uprising" that is decentralizing
entrenched deep-state interests.
The
transition will result in the betterment of the
masses, similar to the fall of the Berlin Wall in
'89.
Such
upheaval could come with a heavy price tag for the
financial markets - he suggests 3-4 year investment
grade corporate-bonds.
Gold
remains the ideal ballast for every investment portfolio,
to navigate the imminent unpredictable / rough economic
seas.
Bob
Hoye of Institutional
Advisors rejoins the show with comments on
the global financial bubble. This could be the
most exciting time in 400 years for investors,
amid robust economic conditions in US equities
as well as industrial commodities. The blockchain
revolution will transform the field of finance
and economics through frictionless and virtually
anonymous transactions, while improving the efficiency
/ transparency of government, education and voting.
In addition, Bitcoin / altcoins will satisfy the
global demand for a sound, digital and liquid
currency (figure 1.1.). Bob Hoye is somewhat enheartened
by a geopolitical, "popular-uprising"
that is decentralizing entrenched deep-state interests,
to the delight and betterment of the masses, similar
to the fall of the Berlin Wall in '89. Nevertheless,
such upheaval could come with a heavy price tag
for the financial markets - he suggests 3-4 year
investment grade corporate-bonds, in anticipation
of a higher US dollar. Plus, gold remains the
ideal ballast for every investment portfolio,
to navigate the imminent unpredictable / rough
economic seas.
Figure
1.1. Dr. Patrick Bryne - Bitcoin Lecture
Note.
Video provided courtesy of Youtube.com.
Raghee
Horner & Chris Waltzek
PhD - May
17th, 2018.
Gold
and cryptocurrencies remain favorite trading
markets of our guest; investors are advised
to ignore the Bitcoin FUD (fear, uncertainty
and doubt).
Bitcoin
/ Altcoins represent the natural progression
from the outdated fiat model to a blockchain
based monetary system of the future.
Investors
who feel comfortable with cryptocurrencies are
directed to Bitcoin silver, aka, Ethereum (ETH),
which could continue to outperform Bitcoin.
ETH
investors should be treated to a new futures
/ ETF contracts this year.
The
guest / host also concur on the energy sector;
WTIC reached the 2018 target of $70.
The
new target of $90-$100 could come to pass as
soon as 2018 on continued supply issues amid
tensions in the Mideast.
Thoughts
converge on silver; both expect gold's shiny
cousin to outperform on a relative basis while
copper remains on the watchlist.
Raghee
Horner of SimplerTrading,
with 3 decades of trading experience and the author
of 3 books, makes her show debut. Gold and cryptocurrencies
remain favorite trading markets of our guest; investors
are advised to ignore the Bitcoin FUD (fear, uncertainty
and doubt) and instead accept Bitcoin / Altcoins
as the natural progression from the outdated fiat
model to a blockchain based monetary system of the
future. Investors who feel comfortable with cryptocurrencies
are directed to Bitcoin silver, aka, Ethereum (ETH),
which could continue to outperform Bitcoin ahead
of the anticipated futures / ETF contracts expected
this year. The guest / host also concur on the energy
sector; WTIC reached the 2018 target of $70; the
new target of $90-$100 could come to pass as soon
as 2018 on continued supply issues amid tensions
in the Mideast. Again, their thoughts converge on
silver; both expect gold's shiny cousin to outperform
on a relative basis while copper remains on the
watchlist.
Part
II. Bix Weir & Chris
Waltzek PhD - May
16th, 2018.
Part
II. with Bix Weir of RoadtoRoot-A
continues the review of the ever evolving crypto-revolution,
including the ascent of Ethereum and its key competitors.
Competing
crypto-script EOS is an ERC-20 token, headed by
Dan Lahrimer known for DPoS, while Cardano is
run by a former key developer of Ethereum.
A
strategic advantage of Ethereum is the Turing
Complete nature of the Solidity language, which
allows scripts to run on the token.
While YouTube "experts" use Metcalfe's
Law to describe the network value of Bitcoin,
Metcalfe's Law is easily debunked using basic
statistical modeling.
Metcalfe's
law holds that peer-to-peer networks such as Bitcoin
derive value. via the number of transactions times
the number of users.
Nevertheless,
given that there are a finite number (n) of people,
all human based exponential systems are non-asymptotic;
growth eventually slows.
Due
to the highly complex nature of human behavior,
the host proposes a unique description of the
cryptocurrency "network effect."
The
progression begins with the exponential, turns
to logarithmic and ends in with the parabolic.
The
model begins with super-linear growth of the exponential
n^2 curve, progressing to the more tame ascent
of the n*log(n) curve.
The
system results in the S-curve that completes the
life-cycle as the log-parabolic system returns
to zero (figure 1.1).
Investors
are advised to ignore all Bitcoin growth forecasts
based on Metcalfe's Law and rely instead on more
pragmatic S-curve estimates.
The
duo dismiss detractors citing the large number
of US equities (10,000+) does little to lower
overall demand for shares.
The
thought is further corroborated via comments from
Silicon Valley, Bitcoin Billionaire, Tim Draper.
Mr.
Draper notes (paraphrased) that within 5 years,
coffee shops around the US will accept Bitcoin
as the currency of choice.
BTC
/ Altcoins offer an alternative to the domestic
currency regardless of location worldwide, for
currency / financial crises, such as the Great
Recession of 2008, as well as the devaluation's
of Venezuela and Argentina.
Part
II. with Bix Weir of RoadtoRoot-A
continues the review of the ever evolving crypto-revolution,
including the ascent of Ethereum and its key competitors,
EOS, WanChain and Cardano. Competing crypto-script
EOS is an ERC-20 token, headed by Dan Lahrimer known
for DPoS, while Cardano is run by a former key developer
of Ethereum. A strategic advantage of Ethereum is
the Turing Complete nature of the Solidity language,
which allows scripts to run on the token, such as
a cellular automaton, resulting in the potential for
nearly exponential growth / adoption. While YouTube
"experts" use Metcalfe's Law to describe
the network value of Bitcoin, Metcalfe's Law is easily
debunked using basic statistical modeling. Metcalfe's
law holds that peer-to-peer networks such as Bitcoin
derive value via the number of transactions times
the number of users: transactions * n^2 = exponential
value creation. Nevertheless, given that there are
a finite number (n) of people, all human based exponential
systems are non-asymptotic; growth eventually slows.
Due to the highly complex nature of human behavior,
the host proposes a unique description of the cryptocurrency
"network effect" that follows the progression
from the exponential, to logarithmic to parabolic.
For example, the model begins with super-linear growth
of the exponential n^2 curve, progressing to the more
tame ascent of the n*log(n) curve resulting in the
S-curve that completes the life-cycle as the log-parabolic
system returns to zero (figure 1.1). Consequently,
investors are advised to ignore all Bitcoin growth
forecasts based on Metcalfe's Law and rely instead
on more pragmatic S-curve estimates. While mainstream
pundits express concerns about the growing number
of cryptocurrencies, including Bitcoin forks, noting
the potential to dilute Bitcoin demand, the duo disagree,
citing the large number of US equities (10,000+) does
little to lower overall demand for shares. While crypto-detractors
claim few use-cases exist, on the contrary, Japan
is the perfect use-case for Bitcoin as the digital
currency gained legal tender status throughout the
nation, proving the real-world usefulness of BTC.
The thought is further corroborated via comments from
Silicon Valley, Bitcoin Billionaire, Tim Draper who
notes (paraphrased) that within 5 years, coffee shops
around the US will accept Bitcoin as the currency
of choice. In addition, BTC / Altcoins offer an alternative
to the domestic currency regardless of location worldwide,
for currency / financial crises, such as the Great
Recession of 2008, as well as the devaluation's of
Venezuela and Argentina.
Figure
1.1. Exponential Growth vs. Log-Parabolic Growth (S-Curve)
Note. Image provided courtesy of Google.com.
Figure
1.2. Dr. Gabor Mate M.D. - The Genius of Healing III
Note.
Video provided courtesy of Youtube.com.
Lynette Zang & Chris
Waltzek PhD - May 10th, 2018.
Thousands
of years of monetary history reveals, only gold
money is inflation resistant, unlike fiat currency
that inevitably inflates away into oblivion.
In
only 100 years the purchasing power of the dollar
has evaporated; data from the Federal Reserve
reveals only 4 pennies remain for each one dollar
printed.
Given
the insidious nature of inflation, one would expect
monetary policy to be the topic du jour.
Nevertheless,
a key founder of modern economics, John
Maynard Keynes noted, "not one in a million
will detect (inflation)."
In
1971 the US President granted control of the money
supply to bankers by closing the gold window,
ending the exchange of Greenbacks for gold.
Lynette
Zang draws startling parallels between today's
financial markets and the Great Depression era
of 1930's, including rampant margin leverage of
10:1.
An
economic calamity may be inevitable, unfolding
as soon as 2021.
It
is advisable to expand their local network to
improve the odds of survival and boost household
stockpiles of food / medicine / PMs / energy and
self-defense.
Lynette
Zang, Chief
Market Analyst at ITM Trading makes her show debut
with in depth analysis on impending global-hyperinflation.
Thousands of years of monetary history reveals, only
gold money is inflation resistant, unlike fiat currency
that inevitably inflates into oblivion. Case in point,
according to the official tally of the Federal Reserve,
only 4 pennies remain for each one dollar printed
over the last century, i.e., the purchasing power
has evaporated. Given the insidious nature of inflation,
one would expect monetary policy to be the topic du
jour. Nevertheless, a key founder of modern economics,
John
Maynard Keynes noted, "not one in a million
will detect (inflation)." In the 1971 the US
President handed control of the money supply to bankers
by closing the gold window, ending the exchange of
Greenbacks for gold. In addition, Lynette Zang draws
startling parallels between today's national economy
and the Great Depression era of 1930's, including
rampant margin leverage of 10:1 and higher, magnifying
the financial / economic risks exponentially. Given
that the global economy has remained on life support
since the 2008 Great Recession, arguably the genesis
of the impending Global Reset, investors are advised
to prepare for an economic calamity as soon as 2021.
It is advisable to expand their local network to improve
survival odds as well as boost household stockpiles
of food / medicine / PMs / energy / self-defense.
Figure
1.1. Dr. Gabor Mate MD - The Genius of Healing II
In
only 5 years, Draper University is already setting
the standard in education, with several success
stories including a billion dollar crypto-token
company.
In
2014, his forecast of $10,000 BTC by 2017 came
to pass ahead of the prediction.
Tim
Draper expects the $86 trillion global currency
market to be eclipsed by Bitcoin / altcoins,
which implies a 240x-500x price increase from
current levels.
His
prediction last month of $250k Bitcoin by 2022,
resulted in "The Draper Effect" set
the floor on the $6,600 price, sending Bitcoin
soaring by 50%.
He
joins the chorus of leading financial gurus
calling for $1 million Bitcoin, adding that
BTC could climb into the millions per coin.
Key
qualities of BTC: A store of wealth, ease of
transfer, safety relative to traditional banking,
less bureaucracy, and frictionless transactions.
Additional
benefits: governments will compete for their
citizens, digitally; easy accessibility for
the unbanked masses as well as a parallel monetary
system.
Tim Draper notes the brain drain of talent and
of wealth from regions with draconian legislation
towards crypto favorable areas, such as "Crypto-Rico."
Puerto
Rico offers entrepreneurs a tax safe haven,
funneling wealth to the island where officials
hope new capital will rebuild the devastated
infrastructure.
While Japan wisely adopted Bitcoin as legal
tender, bringing considerable affluence, other
nations have struggled to accept the decentralized
blockchain.
To
paraphrase M. Gandhi: First they laugh at you,
next they ignore you, then they attack you,
and then you win.
Similarly,
although JP Morgan and related institutions
first rejected Bitcoin, FOMO is rampant on news
that Goldman Sachs announced a BTC trading desk.
Economists
/ policymakers and investors who resist the
inevitable pull of the crypto-revolution are
doomed to mediocrity, while those who adapt
to the new trend will improve their odds of
success.
Tim
Draper, Silicon Valley V.C. legend, author of How
to be The Startup Hero, founder of Draper
University and Bitcoin expert makes his show debut.
In only 5 years, Draper University has set a new standard
in education, with several success stories including
one graduate who created a billion dollar crypto-token
company and another who sold a cancer treatment company
for $250 million. Our guest had the foresight to purchase
30,000 Bitcoins in 2014 from the U.S. Marshals
Service auction at around $500 each; he subsequently
forecasted $10,000 BTC in 2017, which came to pass
ahead of the predicted date. Tim Draper expects the
$86 trillion global currency market to be eclipsed
by Bitcoin / altcoins, which implies a 240x-500x price
increase from current levels. Case in point, his latest
prediction last month of $250,000 Bitcoin by 2022,
which the host terms, "The Draper Effect"
set the floor on the $6,600 price, sending Bitcoin
higher by 50% in a few weeks. Furthermore, he joins
the growing list of leading financial gurus expecting
$1 million Bitcoin, adding that BTC could theoretically
climb into the millions per coin. Tim Draper notes
a few of the key uniquely desirable qualities of BTC,
including: A store of wealth, ease of transfer across
borders, safety relative to traditional banking, less
bureaucracy, frictionless transactions, governments
will compete for their citizens sovereign choices,
easy accessibility for the unbanked masses around
the globe as well as a parallel monetary system in
the event of a Venezuela style currency crisis / geopolitical
instability. Tim Draper notes the brain drain of talent
and of wealth from regions with draconian legislation
to crypto favorable areas, such as "Crypto-Rico"
(Puerto Rico) that offers blockchain enthusiasts /
where entrepreneurs a virtual tax safe haven. State
officials hope that the tax breaks will redirect billions
to the tiny state to facilitate the rebuilding of
the devastated infrastructure in the wake of last
year's harrowing Category 5 hurricane that left much
of the island powerless. In similar fashion, while
Japan has wisely adopted Bitcoin as legal tender,
bringing considerable affluence to the land of the
rising sun, other nations have struggled to accept
the decentralized blockchain concept amid a regime
built on a highly centralized model. While JP Morgan
and related traditional firms first rejected Bitcoin,
they are now scrambling to catch up with their competitors,
such as Goldman Sachs, Amazon and IBM, which reportedly
have plans for cryptocurrency use cases. It may be
safe to infer from the dialogue, that economists /
policymakers and investors who attempt to dig in their
heels and resist the inevitable pull of the crypto-revolution
(similar to the early resistance to email and the
Web circa 2000) are doomed to mediocrity, while those
who follow Darwin's dogma closely and adapt best to
the new trend improve their odds of success.
Figure
1.1. Tim Draper: Bitcoin - The Greatest Technological
Revolution
Bill
Murphy & Chris Waltzek
PhD - September 4th, 2018.
Peter Grandich & Chris Waltzek PhD - August
29th, 2018.
President Chris Blasi - Neptune Global &
Chris Waltzek PhD - August 23rd, 2018.
Peter
Hug & Chris Waltzek
PhD - August 18th, 2018.
Peter
Eliades & Chris Waltzek PhD - August 1st,
2017.
Chris Martenson PhD &
Chris Waltzek PhD - June 7th, 2018.
Raghee
Horner & Chris Waltzek
PhD - May
17th, 2018.
