This
brief paper outlines an economical solution to
the perennial inferno-problem plaguing California,
resulting in tragic-fatalities and billions of
dollars in property damages.
While
the valiant efforts of fire fighters improved
conditions, still approximately 100 lives and
12,000 structures were lost in the November 2018
Paradise CA blaze. The research suggests that
a fail-safe option could significantly improve
conventional fire fighting methods. The
$729 Firezat home shield represents
an inexpensive, practical
and mobile neighborhood fire-defense of last resort.
$729
Neighborhood
Fire Shield
Introduction
The
2018 California infernos were the most devastating
on record, registering "National Disaster,
status." In Paradise CA alone, over 10,000
homes and 12,000 structures were lost, virtually
the entire town. An
earlier 2018 blaze in Redding CA resulted in hundreds
of lost homes, many tragic fatalities and 300,000
evacuations. While some pundits blamed
inadequate
water resources as a key issue in combating the
wild fires, local authorities countered
that ample water was available. The more likely
culprits cited were: arid conditions, foliage
overgrowth and urban sprawl in remote fire-prone
forest regions. While
the valiant efforts of fire fighters saved numerous
lives, over 12,000 structures were still lost
(figure 1.1.). Although home insurance is a relief
for some victims, delays in payouts and difficulty
finding temporary dwellings can be devastating.
In addition, jobs losses magnify distress; temporary
living arrangements tend to be a haven for nasty
viruses and bacterial infections, a key factor
for seniors and those with distressed immune responses.
Stories continue to emerge of formerly wealthy
families who lost thousands and even millions
in cash / jewelry / bullion / artwork, most of
which was not coverable by typical insurance policies.
Clearly a fail-safe option is required to assist
conventional fire fighting methods. At the heart
of this simple proposal, the inexpensive Firezat
shield represents a remarkable product that has
proven its worth through the years by forest management
and fire fighting professionals.
Figure
1.1. Worst Wildfire in CA History - 79 / 81 Fatalities
in Paradise and Camp Fire CA and over 700 Missing
- 12k Structures Lost.Note.
Video and all images in this article were provided
courtesy of Youtube.com and Google images.
Figure
1.2. Firezat
- Mylar Household Fire Shields
Note.
Video and all images in this article were provided
courtesy of Youtube.com and Google images.
Near-Term
Action Plan
Home
Fire Shields
All fire prone towns receive ample $729 Firezat
mylar fire shields, that only require 2 people
and 20 minutes to install. Additional
fire shield support is made available via the
proposed distribution network. High risk areas
are determined via qualitative and quantitative
models. Qualitative models include the surveyed
opinions of key fire fighting officials in each
area / region. Quantitative models include variables
such as current annual rainfall statistics,
population density, incidence of previous infernos,
and access to key fire fighting resources. Suggested
regulation improvements include
encouraging homeowners to update highly
flammable tar roofing with the suggested non
flammable materials as metal and concrete
roof tiles slow the advance of the inferno that
typically spreads from roof to roof. In
addition, the improvements could incentivize
insurance carriers to offer lowered premiums
and rebates. Officials are further encouraged
to insure that every home receives the needed
upgrade regardless of income level as each home
lost represents a local and state tragedy with
significant economic losses.
Fire
Shield Distribution and Installation
A
stockpile of fire shields maintained by state
/ federal authorities of at least 12,000
initially could serve as a mobile
fire fighting resource. High risk areas could
maintain a local stockpile of shields, distributed
to high risk neighborhoods, while helicopter
support facilitates emergency drop-offs. Commercial
trucks could distribute the bulk of the shields
to local volunteer groups with small trucks
/ SUVs, one team per subdivided neighborhood,
10-20 trucks and teams. In addition,
state and federal authorities would maintain
a small fleet of medium sized U-Haul type vehicles
with trained installation crews to facilitate
quick deployment and installation.
Safe
Storage
Residents
in high risk regions receive free training to
facilitate shield installation and the storage
of flammable items located outside on lawns,
such
as furniture, toys, above ground pools, mailboxes,
flags, bicycles, motorcycles and vehicles, which
are placed in fire shielded vehicles, garages,
structures, barns and sheds. All remaining vehicles
on public roads, parking lots and driveways
are covered by deployment teams en route.
To
lower the risk of home fire ignition, every
home and business ownerwho replaces
flammable roofs, siding, doors and window frames
with metal roofing, aluminum, brick, and stucco
siding,
metal doors, metal shutters, and window frames
as well as replacing flammable bushes and trees
with rock garden lawns, pays zero property
taxes or home insurance premiums until
100% of costs are recouped.
Economic
Assistance
Homeowners
in the highest risk regions who cannot afford
the expense of replacing siding and roofing,
are compensated by local, state and federal
fire policies and receive discounts on home
insurance premiums.
Regular
Inspections
All
structures are inspected for compliance by the
local and state fire authorities with tax
break vouchers issued, biannually.
Emergency
Parking Lots
In
the aftermath of the 2018 CA infernos, the only
untouched areas were large paved lots
devoid of flammable materials making safe haven
parking lots advisable in each fire prone community.
Football stadium-sized paved lots surrounded
by deforested lawns would create a emergency
evacuation point of last resort. While smoky
conditions can make helicopter evacuations challenging,
GPS location finders and radio contact would
facilitate helicopter emergency landings to
evacuate urgent need patients. Non vacated vehicles
are deposited and buses are maintained
to evacuate
residents. Maintaining oxygen tanks is advisable
for those with compromised lung conditions.
Drone
Evacuation / Medical Supplies / Fire Fighting
Support
Automated
and radio controlled drones with infrared video
capabilitiesand
audio voice mic. / speakers are advisable to
facilitate the location and communication of
trapped / lost people and pets, directing
evacuation teams and even supplying medical
supplies, such as respirators, oxygen, fire
tents and burn management tools. Evacuation
drones can remove one patient even in smoky
conditions where helicopter support may
find identifying a landing spot, challenging
(see photo).
Underground
Rainwater Catchment Systems
Residents
and towns that install solar powered, fully
automated water sprinkler's attached to protect
structures and premises, receive tax breaks
until all funds are recouped.
Human / Pet Emergency Tents & Auto Covers
In
addition to home shields, officials are advised
to distribute to every neighborhood and in-the-field
personnel, human / pet fire tents and auto covers
for every vehicle in fire prone regions. It
may be advisable to make both shields required
storage in or on the
vehicle
at all times to shield trapped occupants from
95% of fire related heat, per item description.
Challenges
/ Solutions
The
relatively slow progression of most forest fires
typically offers enough time to implement fire
shield protection in particular, the peripheral
regions in the path of the blaze, similar to
a hurricane vs. more speedy tornados and earthquakes.
However, potential hurdles to the implementation
of the innovative strategies include:
False
positive, Type II events, where apathy develops
following several false alarms.
Consecutive
rainy seasons could increase ambivalence
toward the obvious risks posed by fire storms.
Nevertheless, a centralized, emergency fire
alert (EFA), comparable to the successful
emergency weather system, would reduce Type
II, false alarms
to significantly increase response time while
reducing the overall impact of infernos. Using
the quantitative and qualitative multivariate
regression models outlined earlier in the
paper would facilitate more effective outcomes.
Early
responders are encouraged to attack each situation
in stages, methodically corralling the encroaching
fire storms by focusing initial efforts on
the closest neighborhoods to the blaze, thereby
slowing the advance markedly by reducing fuel
sources to virtually nil. With the help of
an emergency fire alert center the minimal
expense associate with maintaining a state
mandated stockpile of Firezat shields combined
with the obvious benefits of a fail-safe fire
deterrent make this project worthy of further
investigation.
Discussion
The
discussion includes a bullet list of key takeaway
points:
The
minimal $729 expense of each Firezat home shield
as well as the obvious benefits of a fail-safe
fire deterrent makes maintaining a state mandated
stockpile feasible and this project worthy of
further investigation.
$7
million is all that's required for state and federal
officials to establish a mobile stockpile of 10,000
Firezat shields, enough to have protected the
entire missing town of Paradise, CA.
Shields
are deliverable for quick assembly in any CA town
where a blaze is registered before the inferno
builds momentum to engulf the neighborhood.
$7
million versus thousands of lives, hundreds of
billions in property losses represents an opportunity
for ANY official with leadership skills to heroically
reduce unnecessary suffering.
A
centralized, emergency fire alert (EFA), comparable
to the successful emergency weather system, would
reduce Type II, false alarm issues via the proposed
quantitative and qualitative multivariate regression
models to significantly increase response time
while reducing the overall impact of infernos.
Early
responders are encouraged to corral the encroaching
infernos by focusing initial efforts on the closest
neighborhoods to the blaze, thereby slowing its
advance markedly by reducing fuel sources to virtually
nil.
Clearly
the minimal expense associate with maintaining
a state mandated stockpile of Firezat shields
combined with the obvious benefits of a fail-safe
fire deterrent make this project worthy of further
investigation.
Conclusion
This
brief paper presents an economical solution to
the perennial inferno-problem plaguing California
where
the November 2018 Paradise CA blaze alone resulted
in approximately 100 tragic-fatalities,
the
loss of 10,000 homes, and billions of
dollars in property damages.
To significantly enhance the valiant
efforts of fire fighters, a fail-safe option is
identified to assist conventional fire fighting
methods. The
minimal $729 expense of each Firezat home shield
as well as the obvious benefits of a fail-safe
fire deterrent makes maintaining a state mandated
stockpile feasible and this project worthy of
further investigation. $7
million is all that's required for state and federal
officials to establish a mobile stockpile of 10,000
Firezat shields; $7 million versus thousands of
lives, hundreds of billions in property losses.
A
centralized, emergency fire alert (EFA), comparable
to the successful emergency weather system, would
reduce Type II, false alarm issues via the proposed
quantitative and qualitative multivariate regression
models to significantly increase response time
while reducing the overall impact of infernos.
Early
responders are encouraged to corral the encroaching
infernos by focusing initial efforts on the closest
neighborhoods to the blaze, thereby slowing its
advance markedly by reducing fuel sources to virtually
nil. Clearly
the minimal expense associate with maintaining
a state mandated stockpile of Firezat shields
combined with the obvious benefits of a fail-safe
fire deterrent make this project worthy of further
investigation. The
research suggests the
$729 Firezat home shield represents
an inexpensive, practical
neighborhood fire-defense of last resort when
facilitated by an
emergency fire-alert system and distribution network.
This
proposal is an open dialogue - suggestions are
welcomed and encouraged gsr@hughes.net.
The
document was forwarded to the Orange
County Fire Authorities, Chief Marc Stone and
the US White House. In addition, the visionary
CA leaders, Elon Musk and Tim Draper received
copies of this proposal. If
only one home is spared destruction including
the occupants, pets, contents and premises, this
project will be deemed a success, at least to
the author who is not affiliated with or receiving
any compensation from Firezat; this proposal is
merely an opinion, but one the author values,
highly.
Alasdair MacLeod & Chris Waltzek Ph.D. - November
22nd, 2018.
Standard
anti-money laundering concerns were cited as the
chief reason for the refusal.
The
fact that the lenders of last resort within the
central bank cartel are experiencing dissent among
the ranks could send reverberations.
Actions by the BoE illustrate that the system based
on transparency is flawed amid such unanticipated
opacity in the financial system.
If
central
banks cannot even maintain trust within their own
ranks, how exposed is the typical investor to rehypothecation,
confiscation.
Alastair MacLeod notes that sovereign gold ownership
has now morphed into a geostrategic challenge within
the global economic arena.
Russia
is rejecting the US dollar as the de facto reserve
currency, opting instead to procure gold and silver
bullion for a new sound-money currency.
President Putin also directed the accumulation of
the largest strategic silver stockpile, worldwide.
China
may have quietly accumulated the largest stockpile
of gold in the world in anticipation of a gold backed
Yuan, up to 25,000 metric tons.
China's
hypothesized total of 40,000 ton stockpile plus
the hastily growing reserves of Russia are viewed
as a hedge against sanctions.
Our
British guest wraps up the discussion with an eloquent
review of the Brexit situation from ground zero.
Head
of Research at GoldMoney,
Alastair
MacLeod
makes his show debut on Thanksgiving Day, 2018. Listeners
are encouraged to bookmark his weekly commentary at
Goldmoney
Insights. The narrative includes the new precedent
set by the Central Bank cabal last week, specifically
news that the the
Bank of England (BoE) refused to honor its custodial
arrangement and return 14 tonnes of gold held on behalf
of Venezuela (MacLeod; Goldmoney, 2018). Standard
anti-money laundering concerns were cited as the chief
reason for the refusal. The fact that the lenders of
last resort within the central bank cartel are experiencing
dissent among the ranks could send reverberations throughout
the financial markets. Actions by the BoE illustrate
that the system based on transparency is flawed amid
such unanticipated opacity in the financial system.
For instance, if central banks cannot even maintain
trust within their own ranks, how exposed is the typical
investor to rehypothecation, confiscation and related
unforeseen risks. Alastair MacLeod notes that sovereign
gold ownership has now morphed into a geostrategic challenge
within the global economic arena by way of news that
Russia is rejecting the US dollar as the de facto reserve
currency, opting instead to procure gold and silver
bullion in preparation for a new sound-money, currency
standard. President Putin also directed the accumulation
of the largest strategic silver stockpile, worldwide.
Our guest parallels the research of Dr. Stephen Leeb,
noting that China may have quietly accumulated the largest
stockpile of gold in the world in anticipation of a
gold backed Yuan, up to 25,000 metric tons (compare
this to Dr. Leeb's 30,000 metric ton figure), 2.5 times
the US gold reserves while the citizens may have up
to 17,000 metric tons, according to the Shanghai Exchange
delivery records, bringing the total to four times that
of the US. China's hypothesized 40,000 ton stockpile
plus the hastily growing reserves of Russia are viewed
as a hedge against sanctions such as the current trade
tariffs levied by Western officials. Our British guest
wraps up the discussion with an eloquent review of the
Brexit situation from ground zero.
Figure
1.1. Sci-Fi Short Film "A Crimson Man" presented
by DUST
Note.
Video and all images in this article were provided
courtesy of Youtube.com and Google images.
Figure
1.2. Star Wars: Destroyer - A Star Wars Fan-Film
Note.
Video and all images in this article were provided
courtesy of Youtube.com and Google images.
Arch Crawford & Chris Waltzek Ph.D. - November
21st, 2018.
Arch
Crawford, head of Crawford
Perspectives for 41 consecutive years
rejoins the show.
Our guest advises investors to hold a core position
in gold, which could develop a base near current
levels.
A close above $1,370 would indicate a sign of
pent-up bullish demand.
Arch
Crawford has closed all long positions in US equities
and is holding short-term index puts, in case
the current consolidation breaks support.
The
host proposes a 20% correction is a most likely
outcome if recent weekly lows are breached.
If
equities hold support in 2018, next year is expected
to lead to new record levels and the epic selloff
will be delayed until 2020.
Key reasons for the equities downturn include
quantitative tightening (QT) where Fed officials
are reversing the decades-long constrictive rate
policy.
Financial
history is replete with tales of failed tariffs
that rarely bode well in the long-term for countries
that adopt the sanctions.
Such
Fiscal policies attract rent-seeking behaviors
that typically line the pockets of political allies,
doing little to improve overall economic welfare.
The host proposes that corporate officers prepared
for imminent tariffs by accumulating key strategic
resources.
The
resulting
significant price increases, inadvertently ignited
a US equities market advance.
Now
that corporate warehouses are fully stocked with
requisite resources inelastic demand is yielding
to more elastic conditions.
Tariffs are de facto inflationary resulting in higher
prices across the economic spectrum, to the detriment
of working / middle class citizens.
Two
previous
failed experiments in US trade tariff policy include,
"The Tariff of Abominations of 1825,"
and the 1930 Smoot-Hawley Trade Tariff Act.
Officials are advised to proceed cautiously with
the current trade tariffs to avoid a crushing global
economic contraction.
Last Thursday news that United States and China
increased efforts to resolve lingering trade disputes,
according to a Financial Times report.
The
United States and China doubled their efforts to
hammer out a reasonable solution to the eight month
trade dispute.
The
potential silver lining to the entire fiasco is
being spearheaded by the US President and his Chinese
counterpart Xi Jinping.
The
meeting is slated for later this month at a G-20
summit in Buenos Aires, Argentina.
Evidently
China has agreed to remove several demands on the
U.S. Government regarding Chinese trade practices.
Officials
in the US have also purportedly extended an olive
branch by putting upcoming tariffs on Chinese goods
on hold with the proviso to halt the $267 billion
on China if the upcoming meeting between the two
Presidents arrives at an amicable solution.
Arch
Crawford, head of Crawford
Perspectives for 41 consecutive years rejoins
the show with intriguing insights on the recent financial
market swoon. Our guest advises investors to hold
a core position in gold, which could develop a base
near current levels while monitoring a key resistance
point on gold of $1,370 as a sign of pent-up bullish
demand. Arch Crawford has closed all long positions
in US equities and is holding short-term index puts,
in case the current consolidation breaks support.
The host proposes a 20% correction is a most likely
outcome if recent weekly lows are breached. Nevertheless,
if equities hold support in 2018, next year is expected
to lead to new record levels and the epic selloff
will be delayed until 2020, according to Crawford
Perspectives. Key reasons for the equities downturn
include quantitative tightening (QT) where Fed officials
are reversing the decades-long constrictive rate policy
while curtailing purchases of toxic debt, resulting
in higher real rates. The threat of a global trade
war persists; financial history is replete with tales
of failed tariffs that rarely bode well in the long-term
for countries that adopt the sanctions. Such Fiscal
policies attract rent-seeking behavior that typically
lines the pockets of political allies without improving
overall economic welfare. The host proposes that corporate
officers prepared for imminent tariffs by accumulating
key strategic resources, resulting in significant
price increases, inadvertently igniting a US equities
market advance. However, now that corporate warehouses
are fully stocked with requisite resources inelastic
demand is yielding to more elastic conditions, leading
to lower US corporate profit estimates and by proxy,
shares prices. Tariffs are de facto inflationary resulting
in higher prices across the economic spectrum, to
the detriment of working / middle class citizens.
For instance, two previous failed experiments in US
trade tariff policy include, "The Tariff of Abominations
of 1825," that lead to an economic contraction
and soaring unemployment as well as the 1930 Smoot-Hawley
Trade Tariff Act, which reportedly exacerbated the
29% unemployment rate during the Great Depression
(Hoye, 2018). Officials are advised to proceed cautiously
with the current trade tariffs to avoid a crushing
global economic-contraction, collapsing global trade
and widespread unemployment. Last Thursday news that
United States and China increased efforts to resolve
lingering trade disputes, according to a Financial
Times report indicated that both the United States
and China doubled their efforts to hammer out a reasonable
solution to the eight months old trade dispute between
two largest global economies. The potential silver
lining to the entire fiasco is being spearheaded by
President Donald Trump and his Chinese counterpart
Xi Jinping, slated to meet later this month at a G-20
summit in Buenos Aires, Argentina, according to one
media source. Evidently China has agreed to remove
several demands on the U.S. Government regarding Chinese
trade practices. Officials in the US have also purportedly
extended an olive branch by putting upcoming tariffs
on Chinese goods on hold with the proviso to halt
the $267 billion on China assuming the upcoming meeting
between the two Presidents arrives at an amicable
solution.
As
if on cue, the negative price trend change
resulted in a collapse from from $25 to $8.
Yet
according to competing theories of EMPT, the
warning signs not only did not exist but should
be ignored, de facto evidence that MPT requires
revision, i.e. EMPT (figures 1.1-1.3).
Bill
Murphy of GATA.org
returns to the show with fresh insights on the PMs
rally. A new precedent was set within the Central
Bank realm this week with the the
Bank of England refusing to honor its custodial arrangement
and return 14 tonnes of gold held on behalf of Venezuela
(MacLeod, Goldmoney, 2018). Standard anti-money
laundering concerns were cited as the chief reason
for the refusal, which is similar to saying, "We
don't trust you, so we'll hold on to your gold for
now, old boy." The very fact that the lenders
of last resort within the central bank cartel are
experiencing dissent among the ranks could send reverberations
throughout the system and perhaps the financial markets.
Meanwhile, as the unfortunate FANG stock pullback
continues, with Facebook (FB)
off nearly 50% from the July 2018 peak, and the longest
remaining Dow Jones Industrials component, General
Electric (GE)
plunging from over $30 last year to $8 today, investors
adhered to the key hallmark of every successful investment
portfolio, diversification, leading to increased inflows
into gold ETFs (figures 1.1-1.3).
Figure
1.1. GE Share Price Near Record 1 Year Earlier
Note. Chart provided via written permission
from Stockcharts.com.
However,
within a few weeks price plunged below key trend indicators,
suggesting to fundamental investors such as TV show
legend JC, "It's time to back up the truck on
GE shares..." Conversely, EMPT registered the
opposite signal, suggesting the most prudent course
of action was hedging / selling shares while the herd
was buying:
Figure
1.2. Trend Warning Signs Flashing for GE Share Holders
Note. Chart provided via written permission
from Stockcharts.com.
As
if on cue, the negative price trend change resulted
in a collapse from from $25 to $8. Yet according to
competing theories of EMPT, the warning signs not
only did not exist but should be ignored, de facto
evidence that MPT requires revision, i.e. EMPT:
Figure
1.3. GE Share Price Plunge
Note.
Chart provided via written permission from Stockcharts.com.
Figure
1.4. Elon Musk & Joe Rogan - AI, Robotics, Space
Exploration, Engineering & Life - Epic Interview
(Explicit Language, 21+)
Note.
Video provided courtesy of Youtube.com.
Rob
Kirby & Chris Waltzek
Ph.D. - November 14th, 2018.
Rob
Kirby of Kirby
Analytics sees extreme risks ahead for the
financial markets via a shattered US accounting
system.
The
missing $21 trillion dollars (size of US National
Debt) in Government funds, is possibly held
by the exchange stabilization fund (PPT).
One
likely use for the missing funds could involve
the purchase of new US Bond issuance's, given
the few foreign purchases of US debt.
Utlimately
the fiat money shell game will lead North American
citizens to an unsavory financial-reset in similar
fashion as Cyprus / Poland.
Our guest proposes the perfect financial panacea
to avoid the next MF Global scenario but on
an epic scale; precious metals investments.
The
precious metals may not remain at vastly discounted
prices but will soar to unfathomably high levels
putting the price beyond the means of virtually
everyone; so carpe diem, aurum, seize the gold,
today.
Rob
Kirby of Kirby
Analytics sees extreme risks ahead for the financial
markets via a shattered US accounting system and
$21 trillion dollars (size of US National Debt)
in missing Government funds, possibly held by the
exchange stabilization fund (plunge protection team).
One likely use for the missing funds could involve
the purchase of new US Bond issuance's, given that
few foreign purchases of US debt are taking place.
Utlimately the fiat money shell game will lead North
American citizens to an unsavory financial-reset
in similar fashion as Cyprus / Poland, where savers
/ investors found their purchasing power was halved,
overnight. Our guest proposes the perfect financial
panacea to avoid the next MF Global scenario but
on an epic scale; precious metals investments. The
precious metals may not remain at vastly discounted
prices much longer, instead soaring to unfathomably
high levels beyond the means of virtually everyone
- carpe diem, aurum, seize the gold, today.
Figure
1.1. Worst Wildfire in CA History - 44 Fatalities
and over 100 Missing - 300k Evacuated.
Note.
Video provided courtesy of Youtube.com.
Figure
1.2. Mendelssohn Violin Concerto E Minor OP.64 (Full
Length): Hillary Hahn & FRSO - Exceptional Performance!
Note.
Video provided courtesy of Youtube.com.
Bob Hoye & Chris Waltzek Ph.D. - November
1st, 2018.
Although
the current economic system is far from flawless,
solid monetary policy has solidified the global
economy in the wake of the Great Recession.
Low
rates stimulated corporate expansion / output
while stabilizing the financial institutions.
Although
economic slowdowns are painful, the process tends
to redistribute useful resources from less to
more-productive enterprises / sectors.
New
technologies lead to key innovation, greater productivity
and a highly efficient business environment.
Now
that the economic vessel is no longer taking on
water, policymakers are reversing the process,
lowering rates, decreasing QE operations.
Three
key economic threats are facing the global economy,
Quantitative Tightening (QT), higher real rates,
and a global trade war.
Economic
history shows that tariffs rarely bode well in
the long-term for countries that adopt the sanctions.
Fiscal
policy tends to attract rent-seeking behavior,
line the pockets of political allies and do little
to improve overall economic welfare.
The
tariff dilemma creates a new inflation wild card
for global monetary policy, as taxes are intrinsically
inflationary, resulting in higher prices across
multiple economic segments.
Bob
Hoye of Institutional
Advisors returns with his latest market insights.
The new trade tariffs on Canadian
lumber this January pushed the mean new home price
higher by over 10% as a direct result. Although the
current economic system is far from flawless, solid
monetary policy has solidified the global economy
in the wake of the 2008-2009 Great Recession via low
rates, which stimulated corporate expansion / output
while stabilizing the financial institutions. Although
economic slowdowns are painful, the process tends
to redistribute useful resources from less to more-productive
enterprises / sectors, resulting in economic profits
above typical normal-profits. New technologies lead
to key innovation, greater productivity and a highly
efficient business environment. Now that the economic
vessel is no longer taking on water, policymakers
are reversing the process, lowering rates, decreasing
QE operations to prevent uncontrollable inflation
from capsizing the ship. Three key economic threats
are facing the global economy, Quantitative Tightening
(QT), higher real rates, and a global trade war. Economic
history reveals that tariffs rarely bode well in the
long-term for countries that adopt the sanctions as
Fiscal policy tends to attract rent-seeking behavior,
line the pockets of political allies and do little
to improve overall economic welfare. In addition,
the tariff dilemma creates a new inflation wild card
for global monetary policy, as taxes are intrinsically
inflationary, resulting in higher prices across multiple
economic segments.
Figure
1.1. Toccata "Dorian" BWV 538 Johann Sebastian
Bach ( 1685 - 1750 ) - Luciano
Zecca
Note.
Video provided courtesy of Youtube.com.
Andy Schectman & Chris Waltzek Ph.D. - February
31st, 2018.
Andy
Schectman of Miles
Franklin Institute returns from the first World
Series game (Boston 2018 Champs 4-1) with his latest
PMs investing insights.
Our
guest outlines must hear methods for purchasing
PMs, including an opportunity to profit market anomalies.
A
rare, once in two decades opportunity is presenting
itself in the numismatics market.
Rare
gold coins are selling at nearly 1:1 or the same
price as plain bullion coins of similar gold weight.
Miles
Franklin is currently positioning client accounts
to maximize the benefits of this anomaly. Protecting
client's best interests is the primary directive
at Miles Franklin.
His
firm requires mandatory background checks and a
large surety bond to better protect clients.
The
Miles Franklin storage program involves Canadian
Brinks security, without percentage of value fees.
They
offer a fully insured Brinks safety-deposit box
in Vancouver and Toronto. Clients hold the only
key / spare with 24/7 access.
Andy
Schectman of Miles
Franklin Institute returns from the World Series
(Boston 2018 Champs, first time since 2013) with his
latest PMs investing insights, the left field seats
cost the bargain price of a $1,200 gold coin!
Boston Red Sox owner John
W. Henry is a Trend Following Trading Legend, who
regularly deployed Sabermetrics to improve team
results, which clearly helped clinch the 2018 World
Series Championship. JP Morgan has amassed nearly
1 billion ounces of silver, 8 times the infamous Hunt
Brothers silver corner stockpile of 1980 and 1/3 the
size of the former national strategic silver stockpile.
In addition, our guest outlines must hear methods
for purchasing and storing PMs, including a golden
opportunity to profit market anomalies. Andy outlines
why investors should consider swapping overpriced
palladium coins for undervalued platinum numismatics.
Miles Franklin is currently positioning client accounts
to maximize the benefits of this anomaly. Protecting
client's best interests is the primary directive at
Miles Franklin. His firm requires mandatory background
checks and a large surety bond to better protect clients.
The Miles Franklin storage program involves Canadian
Brinks security, without percentage of value fees.
They offer a fully insured Brinks safety-deposit box
in Vancouver and Toronto. Clients hold the only key
/ spare with 24/7 access. FedEx air delivery is also
available (www.privatesafedepositboxes.net).
Miles Franklin employees the same auditing firm as
the StreetTracks GLD ETF. Please call his brokers
or Andy directly (brokers direct line 1-800-822-8080;
Andy's mobile 1-612-290-2729).
Figure
1.1. Vivaldi's Four Seasons - Live UNCUT Performance
- Janine Jensen
Note.
Video provided courtesy of Youtube.com.
Professor Raymond Moody M.D. Ph.D. & Chris
Waltzek Ph.D. Part II- October 25th, 2018.
The
host is reunited with the former forensic therapist
30 years after sitting in Dr. Moody's undergraduate
class.
Dr.
Moody embarked upon a remarkable-lifelong scientific
journey to uncover Our guest outlines his proposed
methods for reformatting human thought processes
resulting in a more logical, proactive vantage
point.
Experiences
that typically defy explanation, such as near
death, out-of-body, extraterrestrial, spiritual,
change-of-dimension, etc.
The
host proposes an intriguing extension of the Life-After-Life,
Near Death Experience phenomenon - Salvinorin-A.
Research
indicates salvinorin-a holds the key to experiencing
Life-After-Life-Alive.
By
convincing the portion of the brain that hosts
consciousness, that life has ceased albeit temporarily,
15 minutes (only with care of health professionals).
Researchers
note marked reduction in substance abuse in their
patients after only one exposure to the unique
pharmacological agent.
The
dialogue includes recent breakthroughs in combating
the addiction plague, a major health crisis that
results in over 100,000 US fatalities per year,
88,000 alcohol related, primarily males.
Dr.
Moody outlines his proposed methods for reformatting
human thought processes resulting in a more logical,
proactive vantage point, to the benefit of individuals
and society as a whole. In particular, experiences
that typically defy explanation, such as near death,
out-of-body, extraterrestrial, spiritual, change-of-dimension,
etc., require enhanced understanding / interpretation.
The host proposes an intriguing extension of the
Life-After-Life, Near Death Experience phenomenon
- Salvinorin-A
may hold the key to experiencing Life-After-Life-Alive,
by convincing the portion of the brain that hosts
consciousness, that life has ceased albeit temporarily,
15 minutes (only under clinical conditions and the
care of medical professionals). Researchers note
marked reduction in substance abuse in their patients
after only one exposure to the unique pharmacological
agent. The dialogue includes recent breakthroughs
in combating the addiction plague, a major health
crisis that results in over 100,000 US fatalities
per year, 88,000 alcohol related, primarily males.
According to Google:
An
estimated 88,000 people (approximately 62,000 men
and 26,000 women) die from alcohol-related causes
annually, making alcohol the third leading preventable
cause of death in the United States. ... In 2014,
alcohol-impaired driving fatalities accounted for
9,967 deaths (31 percent of overall driving fatalities).
Figure
1.1. Life After Life - Dr. Raymond Moody, MD
Note.
Video provided courtesy of Youtube.com.
Dr.
Stephen Leeb & Chris Waltzek Ph.D.
- October 24th, 2018. * Mp3
file.
Recap
Best
selling author, Dr. Stephen Leeb returns with
a solid outlook on the gold Watch for $100+ silver
and $10,000 gold in the coming years.
The
correlation is drawn between the PMs sector and
China's Yuan currency, a nation that makes money
interchangeable with gold.
The
discussion includes an investigation into the socioeconomic
issues plaguing the modern world, such as overpopulation
and scarcity of resources.
When
countries direct funds to research and investment,
the total production possibilities curve expands.
This
vastly increasing the overall benefits to society
including GDP, income per capita, institutional
/ legal system enhancements and overall productivity
/ employment (figure 1.1.).
The
dialogue shifts to the shortage of natural resources
conundrum, Albert Einstein famously outlined one
way to combat limited food resources.
By
embracing a vegetarian lifestyle, not only does
violence drop exponentially, but key grains are
instead consumed by humans, vastly reducing the
overall cost of living.
Einstein
wrote, "In a letter to Max Kariel he said,
"I have always eaten animal flesh with a somewhat
guilty conscience," and soon became a vegetarian.
Einstein's
famous quote, "Nothing will benefit health
or increase chances of survival on earth as the
evolution to a vegetarian diet."
Dr.
Leeb agrees that it is advisable for US officials
to return to this time tested success strategy,
following the footsteps of its trading partner,
China.
The
US is advised to review Maslow's Hierarchy of Needs,
to embrace, learn and adopt the habits and traditions
of the rapidly self-actualized China.
China
is ascending the hierarchy pyramid, scaling to new
possibilities in unity / harmony.
Dr.
Leeb and the host recommend the sci-fi work of Liu
Cixin, The Three-Body Problem, The Dark Forest and
Death's End, a trilogy of science fiction novels
by the Chinese
writer Liu Cixin; recap of The Dark Forest.
Best
selling author, Dr. Stephen Leeb returns with
a solid outlook on the gold sector; watch for $100+
silver and $10,000 gold in the coming years. Moreover,
the correlation is drawn between the PMs sector and
China's Yuan currency, a nation that makes money interchangeable
with gold. The discussion includes an investigation
into the socioeconomic issues plaguing the modern
world, such as overpopulation, scarcity of key resources
and the possible tools to combat these issues. When
countries direct funds to research and investment,
the total production possibilities curve expands,
vastly increasing the overall benefits to society
including GDP, income per capita, institutional /
legal system enhancements and overall productivity
/ employment (figure 1.1.). The dialogue shifts to
the shortage of natural resources conundrum, Albert
Einstein famously outlined one way to combat limited
food resources, by embracing a vegetarian lifestyle,
not only does violence drop exponentially, but key
grains are instead consumed by humans, vastly reducing
the overall cost of living, "In a letter to Max
Kariel he said, "I have always eaten animal flesh
with a somewhat guilty conscience," and soon
after became a vegetarian. Einstein's famous quote,
"Nothing will benefit health or increase chances
of survival on earth as the evolution to a vegetarian
diet." Dr. Leeb agrees that it is advisable for
US officials to return to this time tested success
strategy, following the footsteps of its largest trading
partner, China. The US is advised to review Maslow's
Hierarchy of Needs, to embrace, learn and adopt the
habits and traditions of the rapidly self-actualized
example of China, ascending the hierarchy pyramid,
scaling to new possibilities in unity / harmony. Dr.
Leeb and the host recommend the sci-fi work of Liu
Cixin, The Three-Body Problem, The Dark Forest and
Death's End, a trilogy of science fiction novels by
the Chinese
writer Liu Cixin; recap of The Dark Forest, click
each book image below for a preview:
Near-future
trilogy is the first chance for English-speaking
listeners to experience this multiple-award-winning
phenomenon from Cixin Liu, China's most beloved
science fiction author. In Dark Forest, Earth
is reeling from the revelation of a coming alien
invasion-in just four centuries' time. The aliens'
human collaborators may have been defeated, but
the presence of the sophons, the subatomic particles
that allow Trisolaris instant access to all human
information, means that Earth's defense plans
are totally exposed to the enemy. Only the human
mind remains a secret. This is the motivation
for the Wallfacer Project, a daring plan that
grants four men enormous resources to design secret
strategies, hidden through deceit and misdirection
from Earth and Trisolaris alike. Three of the
Wallfacers are influential statesmen and scientists,
but the fourth is a total unknown. Luo Ji, an
unambitious Chinese astronomer and sociologist,
is baffled by his new status. All he knows is
that he's the one Wallfacer that Trisolaris wants
dead.
Figure
1.1. Shifting Production Possibilities Curve via National
Research and Investment
Note.
Image courtesy of Google Images.
Ralph
Acampora CMT, Altaira
Wealth Management &
Chris Waltzek Ph.D. - October 18, 2018.
Returning
to the show, Ralph Acampora a highly respected name
on Wall Street and the co-founder of the Chartered
Market Technician (CMT).
The
former Director of Technical Research at Smith Barney,
outlines a more rosy picture on US equities than
the typical analyst.
The
Dow Jones Industrials / Transportation indexes recently
touched a new record levels, confirming a Dow Theory
buy signal.
The
discussion includes technical support levels for
the XAU gold shares index.
Sector
rotation (where investors redirect profits from
to sectors with better technical outlooks / valuations)
continues to support the bull market thesis. One
proviso - the next rally must lead to new record
highs or more ominous conditions could unfold.
Our
guest discounts the risk of interest rate hikes
- not until rates climb to 5% should analysts sound
the alarm.
According
to one media report, the 30 year US Treasury actually
outperformed US shares just slightly over the 35
year bull market.
This
could lead to a profound reaction as soon as 2018
due to expected FED rate hikes.
Listeners
/ readers are encouraged to sign up for to his free
Twitter
account with an active subscriber base of 26,000+.
Returning
to the show, Ralph Acampora a highly respected name
on Wall Street and the co-founder of the Chartered
Market Technician designation (CMT). The former Director
of Technical Research at Smith Barney, Kidder Peabody,
Prudential Securities and Knight Securities outlines
amore rosy picture on US equities than the typical
analyst, which is wrongly focused on
recent tariffs on US trading partners. On the contrary,
the Dow Jones Industrials / Transportation indexes
recently touched a new record levels, confirming a
Dow Theory buy signal. In addition, the discussion
includes technical support levels for the XAU gold
shares index. Sector rotation (where investors redirect
profits from to sectors with better technical outlooks
/ valuations) continues to support the bull market
thesis. One proviso - the next rally must lead to
new record highs or more ominous conditions could
unfold. Our
guest discounts the risk of interest rate hikes -
not until rates climb to 5% should analysts sound
the alarm. According to one media report, the 30 year
US Treasury actually outperformed US shares just slightly
over the 35 year bull market, which could lead to
a profound reaction as soon as 2018 due to expected
FED rate hikes. Listeners / readers are encouraged
to sign up for to his free Twitter
account with an active subscriber base of 26,000+.
President
Niko Cacos, CEO, and Director of Blue
Sky Uranium Corp. & Chris Waltzek Ph.D.
- October 17, 2018.
Blue
Skys flagship Amarillo Grande Project was
an in-house discovery with the potential to become
a key domestic supplier of uranium.
The
Ivana deposit, at Amarillo recently completed
a drilling program via 61 holes drilled with positive
results.
Amarillo
Grande has characteristics of sandstone-type uranium-vanadium
deposits.
The
Amarillo Grande project includes solid vanadium
potential with estimates of vanadium content running
as high as 200% the uranium content.
Some
early drill results indicate even higher vanadium
content levels according to reports.
This
was irrelevant until the amazing Vanadium bull
run of 2017/ 2018 where price has skyrocketed
over 4x from around $5 to $25 as of this interview.
Company
literature indicates ongoing mineralogical, metallurgical,
and process engineering studies at the Saskatchewan
Research Council (SRC).
Listeners
are encouraged to direct their web browsers to
goldseek.com and Bloomberg.com and enter the ticker
symbol BSK.V OTC: BKUCF.
President
Niko Cacos, CEO, and Director - Blue
Sky Uranium Corp. winner of the Explorer of
the Year Award, makes his show debut. Headquartered
in Argentina, Blue Sky Uranium Corp. is a leader
in uranium discovery in the region. The Blue Sky
mission involves rewarding loyal shareholders with
exceptional returns via a portfolio of high uranium
yielding, low-cost producers. Given the current
portfolio that includes rights to over one million
acres of property in two provinces in Argentina,
their team is on track to outperform investors
expectations. The Company is a member of the Grosso
Group, the most prestigious in Argentina and of
course, Joseph Gross is a very good friend of the
show, listeners are encouraged to listen to Mr.
Grossos Golden Arrow interview in the show
archivesGolden
Arrow, Executive Chairman, CEO, & President,
of Golden Arrow. Blue Skys flagship
Amarillo Grande Project was an in-house discovery
with the potential to become a key domestic supplier
of uranium to the growing Argentine market and a
new international market. The Ivana deposit, at
Amarillo recently completed a drilling program via
61 holes drilled with positive results. Amarillo
Grande has characteristics of sandstone-type uranium-vanadium
deposits the Amarillo Grande project includes solid
vanadium potential with estimates of vanadium content
running as high as 200% the uranium content, according
to Caesarsreport.com. In fact, some early drill
results indicate even higher vanadium content levels
according to reports. This was irrelevant until
the amazing Vanadium bull run of 2017/ 2018 where
price has skyrocketed over 4x from around $5 to
$25 as of this interview. Blue Sky is also active
in Canada where company literature indicates ongoing
mineralogical, metallurgical, and process engineering
studies at the Saskatchewan Research Council (SRC).
To find out more about Blue Sky Uranium Corp., listeners
are encouraged to direct their web browsers to goldseek.com
and Bloomberg.com and enter the ticker symbol BSK.V
OTC: BKUCF. The host proposes a blockchain
based, conservation effort (PDF
Paper) to bring a stop to the cruel and ancestry
ivory trade - if you know someone who would like
to get involved and or support the effort, contact
Chris at gsr@hughes.net.
Joseph
Grosso has spearheaded mineral exploration ventures
in Argentina for over twenty years.
Headquartered
in Vancouver, Canada, Golden Arrow is a silver producer,
mineral explorer and prospect generator.
Golden
Arrow is a member of the Grosso Group, a management
company specialized in resource exploration.
The
firm maintains a strong record of mineral discovery,
and community / government relations.
Golden
Arrow is poised to maintain its reputation as a
trusted explorer throughout Argentina.
Exciting
new developments include the exciting acquisition
of your new Chilean property, Atlantida Copper-Gold
Project in Chiles 3rd Region.
VP
Brian McEwen discovered and negotiated on
copper-gold deposits.
Estimates
indicate the potential for mineralization and define
a significant copper-gold resource.
Company
literature reveals a deep porphyry copper-gold target
with higher gold grades that together cover an area
of approximately 225 hectares.
The
Atlantida Project is under New Golden Explorations
Inc., which is 100% owned by Golden Arrow (Golden
Arrow, 2018).
The
Chinchillas project is targeted for production in
2018.
Completed
joint venture with major silver producer Silver
Standard (now SSR Mining).
The mining-friendly location in northwest Argentina
that supports an impressive infrastructure, including
access to highways, and ample water resources.
The
Don Bosco Copper-Gold Project, holds exploration
licenses encompassing five areas in Western La Rioja
Province, Argentina.
The project is feasible year round, supported by
a paved highway that facilitates accessibility (Golden
Arrow, 2016).
Golden
Arrow has additional properties of interest in the
San Juan Province, including the Mogote Copper-Gold
Project, the Caballos Copper-Gold Project, and Potrerillos
Gold-Silver Project the firm owns 100% of
all three properties.
Joseph
Grosso - Golden
Arrow, Executive Chairman, CEO, & President, of
Golden Arrow returns with an engaging overview
of his firm as well as how the corporate affiliation
with Silver Standard creates a synergistic opportunity
for Golden Arrow shareholders. Golden Arrow is an
explorer and prospect generator focused on identifying,
acquiring, and advancing precious and base metal discoveries
through high quality deposits. Exciting new developments
include the exciting acquisition of your new Chilean
property, Atlantida Copper-Gold Project in Chiles
3rd Region. This extensively drilled copper-gold deposit
with an historic resource estimate. Estimates indicate
the potential for mineralization and define a significant
copper-gold resource. Company literature reveals a
deep porphyry copper-gold target with higher gold
grades that together cover an area of approximately
225 hectares. The Atlantida Project is under New Golden
Explorations Inc., which is 100% owned by Golden Arrow
(Golden Arrow, 2018). Golden Arrow is a member of
the Grosso Group, a management company specialized
in resource exploration. At the helm of the Grosso
Group, Joseph Grosso has spearheaded mineral exploration
ventures in Argentina for over twenty years. With
a strong record of mineral discovery, and community
/ government relations, Golden Arrow is poised to
maintain its reputation as a trusted explorer throughout
Argentina. The Chinchillas project is targeted for
production in 2018. Completed joint venture with major
silver producer Silver Standard (now SSR Mining).
Another compelling aspect is the mining-friendly location
in northwest Argentina that supports an impressive
infrastructure, including access to highways, electricity,
and ample water resources. The Don Bosco Copper-Gold
Project, holds exploration licenses encompassing five
areas in Western La Rioja Province, Argentina. The
project is feasible year round, supported by a paved
highway that facilitates accessibility (Golden Arrow,
2016). Golden Arrow has additional properties of interest
in the San Juan Province, including the Mogote Copper-Gold
Project, the Caballos Copper-Gold Project, and Potrerillos
Gold-Silver Project the firm owns 100% of all
three properties.
Axel Merk, Merk
Investments & Chris Waltzek Ph.D. - October
10th, 2018.
STATE
of EMERGENCY: FL / NC / SC / GA: Hurricane Michael
(2018) Makes Landfall in Panama City FL - 155
MPH Winds - CAT 4.
Axel
Merk, head of Merk
Investments returns to the show after a two
year hiatus with a unique and positive outlook
on the gold sector.
Merk
Investments is monitoring the yield curve closely;
while inversions typically mark recessions, occasional
false signals are still possible.
Using
central banking policy as a guide, the new Fed
Chief, Jerome Powell is expected to continue raising
rates a bit too far similar to predecessors.
The
market has not yet fully priced the additional
rate hikes and impending inflationary pressures.
This
conclusion leads to the key takeaway point: given
Merk's economic outlook, where paper assets with
cash flow exposure to much higher rates suffer
relative to commodities, such as gold, silver,
platinum, palladium and crude oil, the PMs should
outperform US equities and make a compelling alternative
to competing asset classes.
Axel
Merk, head of Merk
Investments returns to the show after a two
year hiatus with a unique and positive outlook on
the gold sector. Merk Investments is monitoring
the yield curve closely; while inversions typically
mark recessions, occasional false signals are still
possible. Using central banking policy as a guide,
the new Fed Chief, Jerome Powell is expected to
continue raising rates a bit too far similar to
predecessors, even amid a yield curve inversion;
the market has not yet fully priced the additional
rate hikes and impending inflationary pressures.
This conclusion leads to the key takeaway point:
given Merk's economic outlook, where paper assets
with cash flow exposure to much higher rates suffer
relative to commodities, such as gold, silver, platinum,
palladium and crude oil, the PMs should outperform
US equities and make a compelling alternative to
competing asset classes.
Free
Merk Financial Seminar - $10,00 of 10,000 of Charity
Goal Raised! (Special thanks to Goldseek.com Radio
subscribers / listeners / readers who helped the Cancer
Charity reach its goal!)
Listeners
are encouraged to attend his Cancer Charity Goal and
Financial Seminar, free to the public in Chapel Hill
NC, October 20-21! Several dozen have donated at merkinvestments.com/FightCancer
- thank you!
An investment seminar in Chapel Hill, NC, on Saturday,
October 20: merkinvestments.com/WalkTheTalk
A race! We are challenging others to join Sunday October
21: merkinvestments.com/race
Figure
1.1. STATE of EMERGENCY FL / NC / SC / GA: Hurricane
Michael (2018) Makes Landfall in Panama City FL -
155 MPH Winds - CAT 4.
Note.
Video provided courtesy of Youtube.com.
Figure
1.2. Vivaldi's Four Seasons - St. Martin in The Fields
- Once in A Lifetime Performance - Full Concert Plus
Follow-up Interview
Note.
Video provided courtesy of Youtube.com.
Figure
1.3. Organic Juicing - Solid Food Vacation - Dr. Roba
/ John Rose
Note.
Video provided courtesy of Youtube.com.
Bill
Murphy & Chris Waltzek
Ph.D. - October 4th, 2018.
Bill
Murphy of GATA.org
returns to the show with encouragement for PMs bulls.
Gold
miners just found a 90 kg $15 million "mother lode"
gold nugget in Western Australia after only 4 days
of work. In similar fashion, both Bill Murphy and coguest
Michael Pento agree that gold will soon ascend beyond
$2,000 creating vast fortunes seemingly overnight for
prepared gold investors. However, silver could be the
sleeping behemoth as 7.5 billion global inhabitants
scramble to shield their shriveling purchasing power
from the ravages of a global, systemic currency-fiasco,
the 80 : 1 gold to silver ratio could close abruptly
and return to the more historical norm of 10 : 1, catapulting
silver to triple digits, post haste. Case in point,
palladium is approaching $1,000 as analysts forecasts
indicate the industrial metal could eclipse the current
gold price, $1,300. In similar fashion, silver could
outpace the expectations of even the most staunchly
bullish investor, climbing 100 fold in the coming years
to four digits, especially given John Williams' and
Nick Barisheff's $10,000+ gold thesis. Moreover, the
analysis of Ronan Manly of BullionStar supports Gata.org,
the LBMA is
regularly trading 130 times more paper contracts than
bullion available in the vaults and 11 times more paper
gold is trading world wide than has ever been mined.
Figure
1.1. Musical Ramanujan - Vivaldi's Four Seasons -
Winter
Note.
Video provided courtesy of Youtube.com.
Michael Pento & Chris Waltzek Ph.D. - October
2nd, 2018.
While
most analysts are oblivious to the current financial
risks,
Michael
Pento says the next crisis is already underway.
Global
central bank QE operations will turn negative
for the first time since the Great
Recession 10 years ago in 2019 (black line
in graph) (figure 1.1.).
Global
equities markets, copper, lumber and many key
markets are currently signaling economic distress.
Since
the 1950's an economic recession followed 9 out
of 10 times after the yield curve inverted; the
curve could invert as soon as this Dec.
The
Fed is expected to raise rates for the 4th time
this year.
Pento
Portfolio Strategies points to the $20 trillion
national debt level and that of China.
These
unsustainable burdens could add to the growing
risk of economic contraction.
Public
debt has increased from $4 trillion to $15+ trillion
drastically increasing default exposure amid sharply
higher rates.
The
Dec. Fed rate hike will push the Pento 20 multivariate
regression model into a short position on US equities
by the end of 2019.
For
the first time in a decade - commodities, PMs
and cash will be the assets du jour.
Key
takeaway: gold and especially the XAU / HUI will
skyrocket, with AU quickly ascending above $2,000.
Michael
Pento, President and Founder of Pento
Portfolio Strategies LLC. returns to Goldseek.com
Radio with his latest economic insights. While most
analysts are oblivious to the current financial
risks, Michael Pento says the next crisis is already
underway as global central bank QE operations will
turn negative in 2019 for the first time since the
Great
Recession 10 years ago (black line in graph)
(figure 1.1.). Global equities markets, copper,
lumber and many key markets are already signaling
economic distress. According to our guest, since
the 1950's an economic recession followed 9 out
of 10 times after the yield curve inverted, which
will take place as soon as the Dec. FOMC meeting,
where the Fed is expected to raise rates for the
4th time this year. Pento Portfolio Strategies points
to the $20 trillion national debt level and that
of China, which recently grew from $1 trillion to
$30 trillion, 50% more than the US; these unsustainable
burdens could add to the growing risk of economic
contraction. In addition, public debt has increased
from $4 trillion to $15+ trillion, drastically increasing
default exposure amid sharply higher rates. Key
takeaway: gold and especially the XAU / HUI will
skyrocket, with AU quickly ascending above $2,000
amid chaos in emerging markets, slowing corporate
buybacks, declining growth in China and increased
tariffs. The Dec. Fed rate hike will push the Pento
20 multivariate regression model into a short position
on US equities by the end of 2019, for the first
time in a decade - commodities, PMs and cash will
be the assets du jour.
Figure
1.1. QE Operations Slowing by Global Central Banks
(G4: Fed, ECB, BOJ & BOE)
Founder
of the Trends
Research Institute and Globalnomic®
Trend Forecaster
Gerald
Celente returns with essential insights for savvy
investors.
The
Global-nomic models indicate the 10 year bull
stampede in US shares could end soon.
US
shares could be completing a key cycle top, as
corporate insiders curtail record stock repurchases.
Fed
policymakers wind down economic stimulus operations.
The
PMs found a floor around $1,200 - once the $1,450
barrier is eclipsed, the uptrend in gold / silver
investments will restart with gusto.
The
guest / host agree that crude oil, the lifeblood
of global economic output could soon soar to $100+
per barrel, slamming the brakes on global output.
The
Trends Forecaster is particularly concerned by
increased tensions between the super powers and
their allies in the Middle East.
The
powder keg could ignite a global conflict of epic
scale.
Health
Tip: the avocado could be the most heart-healthy
food on earth, surpassing even the banana in potassium.
Founder
of the Trends
Research Institute and Globalnomic®
Trend Forecaster
Gerald
Celente returns with essential insights for savvy
investors. His Global-nomic models indicate the 10
year bull stampede in US shares could end soon. US
shares could be completing a key cycle top, as corporate
insiders curtail record stock repurchases while liquidating
their positions as Fed policymakers wind down economic
stimulus operations. Concurrently, the PMs found a
floor around $1,200 - once the $1,450 barrier is eclipsed,
the uptrend in gold / silver investments will restart
with gusto. The guest / host agree that crude oil,
the lifeblood of global economic output could soon
soar to $100+ per barrel, slamming the brakes on global
/ domestic economic output. In addition, the Trends
Forecaster is particularly concerned by increased
tensions between the super powers and their allies
in the Middle East - the powder keg could ignite a
global conflict of epic scale. Health Tips: #1. The
avocado is quite possibly the most heart-healthy food
on earth, surpassing even the banana in potassium.
#2. Table salt is comprised of 1/3 sodium 1/3 sand
and 1/3 iodine - the sand enters the arteries,
causing tears along the way, which is in turn
are plugged by cholesterol, blocking the blood flow
- i.e., hypertension is not caused by cholesterol
or sodium, but by adulterated table salt. Himalayan
/ Celtic salt may be advisable for improved health.
#3 The epidemic of suicides among young US veterans
could be slowed with a remarkable friend, who's always
there for them 24 / 7: please forward this link to
any high risk individuals: Your
new best friend from Microsoft, Zo.ai.
Martin
Armstrong & Chris Waltzek Ph.D. - September
25th, 2018.
According
to Mr. Armstrong, "Tangible assets survive,"
when paper assets evaporate, making collectible
items and PMs invaluable during financial crises.
Last
week, Dr. Copper blasted higher by 8%; the semiprecious
metal is used extensively in a broad array of
industrial products such as electronics.
From
a financial standpoint, copper is often viewed
as a key barometer of global economic output,
the backbone of the technology sector.
The
strong move higher suggests improving economic
conditions in the worlds second largest
economy, China.
Media
sources confirm increased demand from the rousing
tiger nation and low stockpiles indicative of
the perfect conditions for commodities.
Despite
technical damage incurred by the US dollar following
the sharp selloff last week our guest believes
the Greenback will remain the go-to currency.
The
high yielding US dollar continues to attract global
money flows, as investors seek much higher relative
dividend yields.
Our
guest expects this trend to also boost US shares
prices.
Health
Tip:
the host suggests discussing melatonin supplements
with a general practitioner to boost
the immune system and improve rest, when taken
3 hours before bedtime (figure 1.1.).
Global
financier, Martin Armstrong ofArmstrong
Economics rejoins the show with this latest
market commentary including positive thoughts on tangible
assets, like gold and silver. Martin Armstrong's next
Investment
Seminar - Annual conference is located in Orlando
Florida, scheduled for November 16-17. According
to Mr. Armstrong, "Tangible assets survive,"
when paper assets evaporate, making collectible items
and the PMs invaluable during financial crises. Meanwhile,
last week, Dr. Copper blasted higher by 8%; the semiprecious
metal is used extensively in a broad array of industrial
products and in particular, electronics as the backbone
of the technology sector. From a financial standpoint,
copper is often viewed as a key barometer of global
economic output, so the strong move higher suggests
improving economic conditions in the worlds
second largest economy, China. Media sources confirm
increased demand from the rousing tiger nation and
low stockpiles indicative of the perfect conditions
for commodities. Despite technical damage incurred
by the US dollar following the sharp selloff last
week our guest believes the Greenback will remain
the go-to currency, in turn sending the US shares
indexes to new records in 2019. Elsewhere, the high
yielding US dollar continues to attract global money
flows, as investors seek much higher relative dividend
yields - our guest expects this trend to also boost
US shares prices. Health Tip:
the host suggests discussing melatonin supplements
with a general practitioner to boost
the immune system and improve rest, when taken
3 hours before bedtime (figure 1.1.).
The
host is reunited with the former forensic therapist
30 years after sitting in Dr. Moody's undergraduate
class.
Dr.
Moody embarked upon a remarkable-lifelong scientific
journey to uncover the truth about life beyond
death.
Our
guest outlines an intriguing model of the most
frequent experiences outlined by those whose minds
/ bodies reached clinical death.
Dr.
Moody talks
with Dr. Eben Alexander, entered a coma as
an atheist but reemerged with a profound / inspirational
spiritual-experience.
He
is offering a seminar on his latest findings in
human logic in Montreal on October 20th, 2018.
Some
colleagues refer to his findings as the biggest
breakthrough in the field since days of Dr. Kurt
Godel's Incompleteness Theorem.
The
Central Intelligence Agency was so intrigued by
the concept officials invited Dr. Moody to present
his hypotheses.
His
work could facilitate scientists in bridging the
gap between the macro / micro world's, unifying
Einstein's field equations with the subatomic
models.
Another
interesting application of Dr. Moody's seminal
research might involve improving quantum computing,
where binary code is inadequate for programming
the language of more probabilistically based,
quantum outcomes.
Dr.
Raymond Moody M.D., renowned psychiatrist and author
of best-selling Life
after Life (1974) as well as cofounder of The
University of Heaven makes his show debut. The
host is reunited with the former forensic therapist
30 years after sitting in Dr. Moody's undergraduate
class, who embarked upon a remarkable-lifelong scientific
journey to uncover the truth about life beyond death.
Our guest outlines an intriguing model of the most
frequent experiences outlined by those whose minds
/ bodies reached clinical death, but who fortunately
were later resuscitated. Dr. Moody talks
with Dr. Eben Alexander, a Harvard educated and
senior neurosurgeon who entered a coma as an atheist
but reemerged with a profound / inspirational spiritual-experience
rivaling that of even the most ardent believer (Figure
1.1.). Dr. Moody is giving a seminar on his latest
findings in human logic in Montreal on October 20th,
2018, presenting what some colleagues are calling
the biggest breakthrough in the field since days of
Dr. Kurt Godel's Incompleteness Theorem. The Central
Intelligence Agency was so intrigued by the concept
officials invited Dr. Moody to present his hypotheses
where he facilitates other scientists in bridging
the gap between the macro / micro world's, unifying
Einstein's field equations with the subatomic models
of the quantum world first put foward by physicists
Neils Bohr and Heisenberg. Another interesting application
of Dr. Moody's seminal research might involve improving
quantum computing, where binary code is inadequate
for programming the language of more probabilistically
based, quantum outcomes.
Figure
1.1. Karen Newell & Dr. Eben Alexander
Note.
Video provided courtesy of Youtube.com.
John Williams & Chris Waltzek - September
19th, 2018.
The
last of 9 interest rate increases will occur in
the current rate hike cycle as of December, 2018
(Hunter & Pento, 2018).
The
official economic numbers may be skewed - when
properly adjusted for Real inflation (10% vs.
3% officially) retail sales are flat to negative.
All
the world's key central banks have plans to lower
/ halt QE operations by the end of 2018, reversing
from net positive QE to net negative QE.
The
plan will contract the Fed's balance sheet while
significantly lowering financial liquidity to
the detriment of US shares / Treasuries.
John
Williams doubts policymakers will remain hawkish
for long as the global QE liquidity must continue
to maintain US dollar reserve currency hegemony.
Given
his assumption that the purchasing power of the
reserve currency is "doomed," our guest
has identified a singular means to escape what
he views as inevitable North American, hyperinflation,
via gold and silver coins / bars.
John
Williams of Shadowstats.com
returns to the show with dire comments on the domestic
economy. Over the past decade, US policymakers have
attempted to revive the domestic economy via $14
trillion QE policies requiring $100 billion per month
in QE operations; analysts expect the final of
9 interest rate increases in the current rate hike
cycle as of December, 2018 (Hunter & Pento, 2018).
Nevertheless, the official economic numbers may be
skewed - when properly adjusted for Real inflation
(10% vs. 3% officially) retail sales are flat to negative
and much of economic output is overstated. Ten years
later, all the world's key central banks have plans
to lower / halt QE operations by the end of 2018,
including the Fed, which will reverse from net positive
QE to net negative QE within 6 months. The plan will
contract the Fed's balance sheet while significantly
lowering financial liquidity to the detriment of US
shares / Treasuries and related financial markets,
including the key money center-banks (Figures 1.1
& 1.2). However, John Williams doubts policymakers
will remain hawkish for long as the global QE liquidity
festival must continue to maintain US dollar reserve
currency hegemony. Given his assumption that the purchasing
power of the reserve currency is "doomed,"
our guest has identified a singular means to escape
what he views as inevitable North American, hyperinflation,
via gold and silver coins / bars.
Figure
1.1. Fed Curtails QE Operations - Balance Sheet Drops
Our
guest notes that gold reached a bear market nadir
in 2015 and is building a base for a new bull run.
Once
the move begins in earnest, the gold / silver ratio
will collapse as silver outperforms gold during
much of the advance.
e
Powell to continue with the national rate-hike policy
into 2019.
Although
Powell has publicity noted the Fed would "Do
whatever it takes to tame inflation" Peter
Schiff and the host doubt containment plans will
work.
Policymakers
may be taking their cues from misleading economic
models.
Curtailing
inflation could prove more challenging than during
the last severe deflationary crisis in the early
1980's when the US was a global powerhouse.
In
2019, investment flows could favor gold as rate
hike expectations diminish and the Greenback flounders
relative to competing currencies. The
flattening yield curve suggests rates could invert
next year implying a recessionary environment, lowering
demand for US equities in favor of the PMs.
Peter
Schiff, head of SchiffGold,
Euro Pacific
Capital, and Euro
Pacific Gold Fund (EPGFX) returns with comments
on the financial sector. Our guest notes that gold
reached a bear market nadir in 2015 and is building
a base for a new bull run. Once the move begins in
earnest, the gold / silver ratio will collapse as
silver outperforms gold during much of the advance.
Washington expressed disappointment with the decision
of Fed Chair Jerome Powell to continue with the national
rate-hike policy into 2019. Although Powell has publicity
noted the Fed would "Do whatever it takes to
tame inflation" Peter Schiff and the host question
if containing the resulting inflation will be plausible.
Policymakers may be taking their cues from misleading
economic models as curtailing inflation could prove
more challenging than during the last severe deflationary
crisis in the early 1980's when the US was the leading,
global-manufacturing powerhouse. In 2019, investment
flows could favor gold as rate hike expectations diminish
and the Greenback flounders relative to competing
currencies, thereby increasing gold's investment appeal.
In addition, the flattening yield curve suggests rates
could invert next year implying a recessionary environment,
in turn lowering demand for US equities in favor of
the PMs.
Figure
1.1. Hurricane Florence Severe Storm WARNING: NC, SC,
Virginia.
Note.
Video provided courtesy of Youtube.com.
Arch Crawford & Chris Waltzek Ph.D. - September
12th, 2018. * Mp3
File.
Arch
Crawford, head of Crawford
Perspectives for 41 consecutive years, rejoins
the show, commenting on gold, financial markets
and Hurricane Florence.
Florence
is a category 4 storm headed directly for the Tar
Heel State.
Gold
remains the de facto dollar alternative given that
over 96% of the Greenback's value has eroded since
1913.
Arch
Crawford cautions US equities investors that Sept.
/ Oct. are typically very challenging months for
the shares indexes.
The
discussion shifts over to the cryptos, where Ethereum
broke below $200, touching $170.
Although
our guest notes positive price behavior, if the
panic spreads to Bitcoin it could lead to a retest
of $5700.
The
southeast is bracing for winds of up to 130 mph
and strong tidal surges by Thursday evening.
Similar
to last year's Hurricane Harvey that decimated Puerto
Rico and surrounding islands all the way up to NC.
Officials
have already declared a state of emergency and evacuations
are underway.
The
current inland trajectory reveal high odds that
the storm will pass due north of Atlanta, covering
upper South Carolina.
The
range includes the Greater Greenville region, north
to Asheville and Charlotte.
Western
North Carolina will be impacted, such as Cashiers,
Glenville, Cullowhee, Sapphire, Sylva, Hayesville,
etc.
It
is advisable to check the current storm trajectory
daily / hourly as weather patterns are as unpredictable
- reliability of forecasts diminish over time.
Arch
Crawford, head of Crawford
Perspectives for 41 consecutive years, rejoins
the show with comments on the gold rally, the financial
markets as well as Hurricane Florence, a category
4 storm headed directly for the Tar Heel State. Gold
remains the de facto dollar alternative given that
over 96% of the Greenback's value has eroded since
1913. Arch Crawford cautions US equities investors
that Sept. / Oct. are typically very challenging months
for the shares indexes. The discussion shifts over
to the cryptos, where Ethereum broke below $200, touching
$170. Although our guest notes positive price behavior,
if the panic spreads to Bitcoin it could lead to a
retest of $5700. Meanwhile, the southeast is bracing
for winds of up to 130 mph and strong tidal surges
by Thursday evening. Similar to last year's Hurricane
Harvey that decimated Puerto Rico and surrounding
islands all the way up to NC, where power outages
were widespread for days following the storm, officials
have already declared a state of emergency and evacuations
are underway. The current inland trajectory reveal
high odds that the storm will pass due north of Atlanta,
covering upper South Carolina including the Greater
Greenville region, north to Asheville and Charlotte.
Western North Carolina will be impacted, such as Cashiers,
Glenville, Cullowhee, Sapphire, Sylva, Hayesville,
etc. However, it is advisable to check the current
storm trajectory daily / hourly as weather patterns
are as unpredictable as turbulence where the reliability
of forecasts diminish over time. According to the
work of Henri Poincare via the Three Body Problem,
storms fall into the category of chaotic systems,
that that make only initial conditions highly perfectible,
so the storm path could shift at a moments notice.
Side note - tens of thousands of FEMA trailers distributed
in the wake of 2005
Hurricane Katrina still have toxic levels of formaldehyde,
literally embalming occupants - the VIN numbers
are tagged on the trailer hitch side and searchable
in the online database - all
trailer denizens are advised to check the FEMA trailer
search online. Any formaldehyde readings above
6-8 ppm are deemed carcinogenic - FEMA trailers regularly
register 14 times that figure.
Figure
1.1. STATE of EMERGENCY NC / SC / V: Hurricane Florence
Threatens NC, SC, Virginia.
Note.
Video provided courtesy of Youtube.com.
Professor
Laurence Kotlikoff & Chris Waltzek Ph.D.
- August 6th, 2018.
The
shackles of over $200 trillion in total US debt
/ financial obligations and a potential trade
war with key trading partners looms above the
markets.
Investors
should procure portfolio insurance such as gold
while curtailing US equities / Treasuries exposure.
Our
guest questions the wisdom of threats from Washington
to impose an additional $200 billion in tariffs
on China.
The
professor notes the US government is bankrupt,
which makes long-term Treasuries risky relative
to shorter term US notes as well as US equities.
The
American per capital savings rate has plunged
in recent decades from 15% (similar to Japan /
China currently) to 3%, suggesting very little
flexibility of the typical domestic home to withstand
unforeseen economic hardships.
Professor
Laurence Kotlikoff, from Kotlikoff.net
and author of the FREE book: You're
Hired! says gold and silver investors could
emerge victorious amid the shackles of over $200
trillion in total US debt / financial obligations
and a potential trade war with key trading partners.
Investors should procure portfolio insurance such
as gold while curtailing US equities / Treasuries
exposure. While unfair trade imbalances have existed
for decades, our guest questions the wisdom of threats
from Washington to impose an additional $200 billion
in tariffs on China - the trade skirmish has already
impacted lumber
imports from Canada that increased the average new
home prices by over $9,000. The professor notes
the US government is bankrupt, which makes long-term
Treasuries risky relative to shorter term US notes
as well as US equities that appear to be expensive
from a valuation basis. The American per capital
savings rate has plunged in recent decades from
15% (similar to Japan / China currently) to 3%,
suggesting very little flexibility of the typical
domestic home to withstand unforeseen economic hardships.
Listeners' Q&A -
Chris Waltzek Ph.D. - September 5th, 2018.
One
key caveat, initial public offerings are very tricky
to navigate and involve higher than typical risks.
For
instance, the Komodo ICO, was a stealth currency
that had an excellent underwriter.
It turned out to be one of the best performers in
history, but quickly crashed from the 50 fold opening
day price to the original tokens at pre-ICO price.
In
most cases and for most investors it is safest to
wait until an ICO goes public and organic price
discovery reveals the true value.
The
SALT lending platform ICO was legit and vetted every
single US investor, spent thousands of hours making
sure that everything was above board.
The
price mostly fell from the ICO price, bounced once
back to the opening price and to this point is in
recovery.
Sometimes
discounted, pre-ICO offerings via earliest bird
prices are worthy candidates.
For those with patience who dont want to spend
a single dollar and have a chance at FREE ICOs,
simply request a link via email to bookmark a page.
John
from Sunny San Diego asks questions about the COMEX
gold / paper contract ratio.
The
GATA.org folks notes little gold to cover the contracts,
approximately 1 / 100 ounces / contract; a force
majeure could unfold.
The
flattening yield curve reveals expectations that
the short yield could eclipse the longer yield by
summer of 2019.
As
the Fed wraps up its rate hike cycle and central
banks in EU / China / Japan turn hawkish, the greenback
will be under pressure.
As
market forces favor the Yen, Yuan and Euro in place
of the dollar in anticipation of higher yields,
the US stock market advance could pause.
US
equities investors may anticipate the rise of alternative
currencies and the positive impact on competing
indexes such as the Nikkei and the DAX.
Trenton
claims to be an an investor in the sound deck.io
blockchain that could potentially ignite a creativity
revolution incentivising artistic output.
Due
diligence and vigilance is advisable due to the
associated risks of all new projects.
The
latest Listener's Q&A segment includes phone calls
on the timely topics of gold, the Kinesis project
and stocks / bonds from friends of the show, Marcus,
Trenton and longtime listener John in Sunny San Diego.
Marcus begins the dialogue with comments on the gold
backed cryptocurrency project from Down Under, Kinesis
regarding key team member's, Andrew Maguire and CEO
Coughlin. According
to Goldseek's top brass, the Kinesis digital currency
project appears to be legit: latest
Kinesis project paper in .PDF form. One key caveat,
initial public offerings are very tricky to navigate
and involve higher than typical risks. For instance,
the Komodo ICO was a stealth currency with an excellent
underwriter and in such demand pre-ICO that 30 days
of attempts were oftentimes required just to place
a buy order. While Komodo was one of the best performers
in history, following the opening day the token price
crashed from the 50 fold the ICO price to the pre-ICO
price over a few weeks. The key takeaway point; in
most cases and for most investors it is advisable
to wait for an ICO to enter the public market arena
so that organic price discovery can reveal true value.
Another case in point, the SALT lending platform ICO
was solid and vetted every single US investor, thousands
of hours of professional due diligence followed. Nevertheless,
the price dropped abruptly from the opening price
and remains in recovery mode. One advisable source
for ICOs is the
Smith - Crown website. Unless a solid ICO is available
at pre-ICO offering earliest bird discounted prices,
oftentimes called the beta level, it is typically
advisable to wait for a weekly chart bottom following
an ICO. Regarding the COMEX gold / paper contract
ratio, weve heard from years from the GATA.org
folks that theres simply little gold to cover
the contracts, something like 1 / 100 ounces / contract
and James Turk regularly warned our listeners that
a force majeure could unfold at any point where the
exchange simply defaulted on the gold obligations.
Elsewhere, shifts in the yield curve indicate a flattening
yield curve including expectations that the short
yield could eclipse the longer yield by summer of
2019, as the Fed wraps up its rate hike cycle
and the EU / China / Japan finally turn hawkish following
the Fed, in turn putting the greenback under pressure.
Market forces could soon favor the Yen, Yuan and Euros
over the dollar in anticipation of higher yields.
It could also put pressure on the US stock market
advance as soon as January of 2019, as investors anticipate
the rise of alternative currencies and the positive
impact on competing indexes such as the Nikkei, DAX,
and in Shanghai. Lastly, Trenton claims to be an an
investor in the sound deck.io blockchain that could
potentially ignite a creativity revolution as artists
have greater incentives to create and share their
best work. It is advisable that everyone do their
own due diligence and remain vigilant to the risks
associated with new projects.