Jason Burack of Wall St for Main St interviewed first time guest, Senior Precious Metals Analyst at GoldSilver.com, Jeff Clark. Jeff was a former mining analyst and newsletter writer at Casey Research where he wrote the Big Gold investment newsletter.
Jeff writes a gold market newsletter for GoldSilver.com and his also writes articles for their blog https://goldsilver.com/blog/
Here's some of the questions and topics Jason asks Jeff about during this 30+ minute interview:
1) There was record physical gold withdrawals in November 2016 and February 2017 from the Shanghai Gold Exchange yet many mainstream gold organizations like the World Gold Council, GFMS, etc claim gold demand is weak. What's your take on demand for physical gold globally?
2) The gold to silver ratio is around 71. Do you think this means that silver is the better long term value relative to gold at this point?
3) I want to talk about the primary gold and silver mining industry. Do you think that in general the industry has done a good job at cutting costs in order to survive since gold hit $1900 and silver hit $48 in 2011 and a cyclical bear market started?
4) In December 2016, Bloomberg ran a story showing how primary gold miners are running out of economic gold reserves https://www.bloomberg.com/ news/articles/2016-12-21/gold- miners-are-running-out-of- metal-five-charts-explaining- why
Do you think the industry can replace reserves at current gold and silver prices or will gold and silver prices have to go substantially higher to maintain current production levels and also to replace mined/depleted reserves?
5) Can primary gold and silver miners significantly cut more costs without shutting down mines or going bankrupt?
6) The CEO of Franco Nevada recently said that it will almost be impossible for the gold mining industry to grow production beyond current production levels. Do you agree with him? https://www.bloomberg.com/ news/articles/2017-03-01/gold- miners-running-to-stand-still- after-cuts-franco-ceo-says
7) Large gold mining companies like Barrick Gold, Newmont Mining and Goldcorp have written off their proven and probable gold reserves since 2012. Reserves have declined to 61%, 62% and 69% of the 2012 heydays. Is the gold mining industry facing very difficult supply problems now and in the future?
Jason Burack of Wall St for Main St interviewed returning guest, best selling author, world traveler, international man, speculator & founder of Casey Research, https://www.caseyresearch.com/, Doug Casey.
Doug's newest book, and his first fiction book of a 7 part fiction book series, Speculator: High Ground, Book 1 is now available on audio book on Audible: http://www.audible.com/pd/Mysteries-T...
Doug Casey on the Politically Correct Movement: https://www.caseyresearch.com/article...
Find all of Doug Casey's investing books on Amazon: https://www.amazon.com/Doug-Casey/e/B...
During this 30+ minute interview, Jason starts off by asking Doug about President Trump and if Trump has done anything Doug has liked so far?
Doug talks about how and why so many people hate Trump leading to a long discussion about cultural Marxism and the politically correct movement in the US.
Jason also asks Doug about a global US Dollar shortage, stagflation coming and how to speculate on gold stocks.
Wall St for Main St welcomed back Jerry Robinson, who is an economist, investor, trend trader and Editor of Follow The Money.
If you interested in subscribing to Jerry's newsletter and trading system, go to http://ftmdaily.com/
What did we discussed?
1. Thoughts on the Federal Reserve rate hike and what it means for the market.
2. In depth look at the S& P 500 chart and what the trend is heading in the near term and why Jerry thinks this market has the same look and feeling to previous bubble in the market
3. Trading ideas on industries traders can short
4. Discussed Jerry's recent video on the biblical view on propaganda.
Jason Burack of Wall St for Main St interviewed returning guest, former Dallas Federal Reserve Bank insider, Wall St veteran, author and President of Money Strong, Danielle DiMartino Booth http://dimartinobooth.com/
Danielle's new book, Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America is available on Amazon https://www.amazon.com/Fed-Up-Insider... or on audio book on Audible http://www.audible.com/pd/Nonfiction/...
During this shortened interview due to time constraints, Jason asks Danielle about political bias at the Federal Reserve, as well as PhD Keynesian Economists clinging to broken models and being guilty of group think, hubris and confirmation bias.
Since Donald Trump won the 2016 election, Danielle thinks Janet Yellen and other members of the Federal Reserve have changed their minds about interest rate increases, further interventions and allowing asset prices like the stock market to fall. Danielle thinks a lot of this is politically motivated to limit President Trump to one term and also to get Democrats to win back Congressional seats from Republicans in upcoming elections in 2018.
Jason and Danielle also discuss auditing the Fed and how finding unbiased people to work in the Fed will be very difficult.
Jason Burack of Wall St for Main St interviewed returning guest, President of the Energy Prospectus Group http://energyprospectus.com/ for oil & natural gas investors, Dan Steffens. Dan has over 20 years experience working in the oil and gas industry.
Dan has produced many winning oil investments for growth investors and also for income investors.
During this 25+ minute interview, Jason start off by asking Dan if President Trump has done any pro oil or pro energy things in his 6 weeks in office?
Dan says it hasn't happened yet but Trump's corporate tax cuts will also benefit the oil and gas industry once they are implemented.
Next, Jason asks Dan about the inventory increases in gasoline in the US? Dan says it's not a sign of a massive supply glut and he points out how there's been absolutely enormous (hundreds of billions of dollars) in capex cuts for the oil industry to bring on new long lead time projects and find new oil reserves.
Jason also asks Dan about the margins of onshore independent oil producers like EOG Resources and what margin they have at current WTI prices?
Dan gives out some oil and natural gas stocks he likes with good valuations and also good growth and he offers Wall St for Main St listeners $100 off an Energy Prospectus Group membership and a free month's copy of his newsletter if they email him!
Jason Burack of Wall St for Main St and managing editor of The News Doctors and independent financial journalist, Eric Dubin are back for Episode #32 of Welcome to Dystopia.
In this episode Jason and Eric discuss how the bullion banks and other manipulators may be hitting precious metal shares harder than paper metals prices to create a divergence to spook out the big money trend traders and hedge funds from going long anything gold and silver.
Jason and Eric also discuss looming supply problems in terms of replacing reserves for precious metals miners and also how most miners are currently earning meager margins that are enough to not go bankrupt but also not enough to properly growth their business and adequately replace mined reserves. Eric says physical demand for gold out of China is much, much higher than mainstream gold analysts are reporting and we know this from reliable export data from Lindon/UK and Switzerland.
Jason and Eric also discuss during this episode stock market valuations, Danielle DiMartino Booth's new book, Fed Up, more evidence of inflation in the real economy as Costco raises membership fees 6% to offset rising costs and President Trump's first month plus in office as president.
1) 12 Current and former TSA workers involved in large cocaine smuggling ring into the continental US http://www.washingtonexaminer.com/doj-tsa-workers-smuggled-20-tons-of-cocaine-into-the-us/article/2614679
2) ATF involved in $20 million black market cigarette smuggling ring! http://www.breitbart.com/big-government/2017/02/23/atf-agents-smuggled-millions-dollars-cigarette-sales-secret-bank-account/
3) Radical, politicized Obama DOJ funneled billions (illegally) in corporate fines to Democratic party activist groups http://nation.foxnews.com/2017/03/02/obama-doj-funneled-billions-liberal-activist-groups
4) Spain starts charging & jailing its bankers for fraud & embezzlement! http://www.zerohedge.com/news/2017-02-27/former-imf-chief-sent-jail-spain-prosecutes-65-elite-bankers-enormous-corruption-sca
Wall St For Main St welcomed back Kathy Fettke, who is a real estate investor and Co-Founder of Real Wealth Network.
For more information about the Real Wealth Network, go to http://realwealthnetwork.com/
What did we discussed?
1. Why the commercial real estate is about to go through hard times?
2. How the raising interest rate will effect the housing market? Will it scare away buyers or entice them to buy before it goes up even further?
3. How has is the real estate market now compared to a decade ago?
4. Discuss the current state of the real estate in California
5. Is buying a home still a good investment or is it now considered a lifestyle choice?
6. Advice for first time home buyers.
Jason Burack of Wall St for Main St interviewed first time guest, Chief Market Analyst with the Lindsey Group and Editor of the Boock Report newsletter, Peter Boockvar https://boockreport.com/.
Peter's Bio: https://boockreport.com/about/, http://www.thelindseygroup.com/bios/
Peter is the Chief Market Analyst with The Lindsey Group, a macro economic and market research firm. • He is Co-CIO at Bookmark Advisors and a regular CNBC Contributor. Previously he was as a macro analyst and portfolio manager at Omega Advisors, a New York hedge fund.
Each day The Boock Report provides summaries and commentary on all the macro data and news that matters for your investments. Additionally I give broader analysis of what it all means and how it fits together with exclusive podcasts and video updates.
During this 25+ minute interview Jason asks Peter if he thinks President Trump wants a strong US Dollar relative to other currencies?
Peter thinks there's conflicting messages and policies coming from Trump and his cabinet/advisors. Peter and Jason discuss whether the Federal Reserve will raise rates in 2017 and if this combined with potential tariffs on imported goods into the US will create worsening stagflation in the real economy.
Jason also asks Peter about current stock market valuations, a global US Dollar shortage, growing currency and asset price volatility and whether any central bank can realistically reduce the size of their balance sheet in a significant way?
Wall St for Main St welcomed back David Morgan, who is the editor of The Morgan Report.
For more information on The Morgan Report, go to http://www.themorganreport.com/
For more information on Lemuria Royalties, go to http://lemuriaroyalties.com/
What did we talk about?
1. The divergence between the gold/silver stocks and the hard asset prices.
2. The margins for the precious metals stocks and how it has improved.
3. How to capital market for gold/silver mining stocks has improved and what it means going forward.
4. How much affect Trump is having on the recent market surge? Is Wall St buying into his economic nationalist and supply side policies?
Jason Burack of Wall St for Main St interviewed returning guest, former long time Wall St bond trader, gold hedge fund manager, investment analyst/newsletter writer http://investmentresearchdynamics.com/ and co-host with Rory Hall of the Shadow of Truth podcast, Dave Kranzler.
Dave writes the Mining Stock Journal and the Short Seller's Journal paid newsletters.
During this 40+ minute interview, Jason starts off by asking Dave the probability of a March rate hike by Janet Yellen and the Federal Reserve and also the probability of the Federal Reserve raising interest rates 3 times in 2017?
Dave thinks the Fed will do one token, quarter point interest rate increase like they did in 2015 and 2016.
Jason and Dave discuss why Deutsche Bank turning over so much evidence proving gold and silver manipulation from a conspiracy theory into a conspiracy fact has hardly moved the price?
Dave talks about Alan Greenspan now saying the US should go back onto a gold standard.
To wrap up the interview, Jason asks Dave how he researches Junior mining stocks and junior explorers to find quality speculations that can produce hundreds of percent returns in 2-3 years or less.
Jason Burack of Wall St for Main St interviewed first time guest, Founder and President of the Chamber of Digital Commerce http://digitalchamber.org/, Perianne Boring.
Upcoming DC Block Chain Summer March 15th and 16th in DC: http://digitalchamber.org/events/dc-s...
During this 30+ minute interview, Jason asks Perianne about her background and how she found out about Bitcoin and began researching it. Perianne was an economics major in college during the 2008 financial crisis. She was not happy with the answers her Keynesian Economics gave her for why the crisis happened. She then moved up to the DC area to be a Congressional staffer for finance, economics, etc.
Perianne talks about the Austrian School of Economics and how Bitcoin was appealing to her because no government controlled the digital currency.
Perianne then talks about her company and why she started it. Her company is there to help protect block chain companies from being destroyed by regulators.
Jason and Perianne discuss the future of Bitcoin and block chain, how central banks are testing out the block chain and other technology issues concerning the block chain and how governments, central bankers and bureaucrats may affect Bitcoin and the block chain.
Jason Burack of Wall St for Main St interviewed returning guest, President of the Mises Institute https://mises.org/, Jeff Deist.
Jeff's Mises page: https://mises.org/profile/jeff-deist
Jeff Deist is president of the Mises Institute. He previously worked as a longtime advisor and chief of staff to Congressman Ron Paul. In the past, Jeff was also an attorney for private equity.
During this 30+ minute interview, Jason first asks Jeff if in his opinion President Trump has done anything positive?
Jason and Jeff discuss some of the things President Trump has done so far and how he is fighting globalism and the deep state.
Jason asks Jeff about the history of protectionism and tariffs in the US and if Trump's economic policies mean a lot more inflation stagflation is coming during his presidency?
Jason Burack of Wall St for Main St interviewed returning guest, stock analyst, stock newsletter writer and investing podcast host, Frank Curzio http://www.frankcurzio.com/
Frank's full bio is available here: http://www.frankcurzio.com/about/
Frank's Wall Street Unplugged podcast is one of the top investing podcasts on iTunes.
During this 40+ minute interview, Jason asks Frank about valuations on large cap stocks, which industries will be positively affected by Donald Trump as US President and which resource stock industries he likes.
Jason Burack of Wall St for Main St interviewed returning guest, author and Money Week columnist, Dominic Frisby, https://dominicfrisby.com/
Dominic's weekly Money Week columns are available here: http://moneyweek.com/author/dominic-f...
Dominic's full bio here: https://dominicfrisby.com/about-me
Dominic has recently written 2 excellent books:
1) Life After the State: Why We Don't Need Government https://www.amazon.com/Life-After-Sta...
2) Bitcoin: The future of money? https://www.amazon.com/Bitcoin-future...
Both books are also available as fully unabridged audio books on Audible read by the author.
During this 40+ minute interview Jason and Dominic discuss Brexit, Donald Trump, Bitcoin's rally in 2016 and going forward, why Dominic is no longer as bullish on gold and why the US Dollar Index may be the key to the next global financial crisis.
This podcast is sponsored by Sandstorm Gold. Be sure to check out Sandstorm Gold at http://sandstormgold.com/invest/
Jason Burack of Wall St for Main St interviewed first time guest, student of the Austrian School of Economics and Portfolio Manager for McAlvany Wealth Management https://mwealthm.com/doug-noland/, Doug Noland.
Doug has over 25 years of experience working in the financial industry including working at Bill Fleckenstein's hedge fund. Doug also worked with David Tice at the Prudent Bear fund, which specializes in shorting stocks and other financial assets. Doug's full bio is here: http://creditbubblebulletin.blogspot....
Doug is perhaps most famous for writing his financial blog articles. Doug has been documenting credit and financial bubbles since the late 1990s with his well known financial blog, the Credit Bubble Bulletin http://creditbubblebulletin.blogspot....
Doug's excellent 2 part McAlvany Weekly Commentary Interviews w/ David McAlvany in 2016:
During this 40+ minute interview, Jason starts off by asking Doug about his opinion of the state of the global economy?
Doug says how he's shocked he's still talking about central banker created bubbles since he started blogging about the technology bubble of the 1990s. Doug says that QE never stopped from global central banks as central banks like the Bank of Japan, ECB and PBOC injected ~$2 trillion of QE into capital markets in 2016. Doug says central bankers are 100% committed to maintaining the status quo now and they are terrified of letting asset prices fall without more intervention.
This podcast is sponsored by Sandstorm Gold. Be sure to go to their web site for more information at www.sandstormgold.com/invest
Wall St for Main St welcomed back Robert Wenzel. He is the editor of the Economic Policy Journal and host of The Robert Wenzel Show.
Check out Robert's web site at www.economicpolicyjournal.com
What did we talk about?
1. We discussed the Dow Jones going over 20,000 last week and what it means for the market. Is there sense of optimism or should we be cautious?
2. A look at Trump's tax import (tariff) policies and who is the biggest loser in this deal.
3. An outlook at the Federal Reserve and the potential for interest rate hike
4. How minimum wage has impacted the west coast a few years after it was implemented.
Jason Burack of Wall St for Main St interviewed returning guest, former Assistant US Treasury Secretary under President Ronald Reagan and Associate Editor/Columnist for the Wall Street Journal, Paul Craig Roberts http://www.paulcraigroberts.org/
Paul's extensive full bio can be found here: http://www.paulcraigroberts.org/pages/about-paul-craig-roberts/
During this 20+ minute interview Jason starts off by jokingly congratulating Paul for being named to the Washington Post's Fake News list http://www.zerohedge.com/news/2016-11-25/washington-post-names-drudge-zero-hedge-anti-clinton-sophisticated-russian-propagand
Jason then asks Paul about Trump's cabinet appointees and how Trump and Obama have vastly expanded powers of executive orders compared to past US presidents and what's allowed in the US Constitution.
Jason then asks Paul about what supply side economics is and if Trump will be successful in implementing his supply side economics stimulus policy? Paul thinks it will fail and that because the US joined the WTO President Trump isn't allowed to implement any tariffs on China or Mexico either.
Wall St for Main St podcast is sponsored by Sandstorm Gold. To learn more about Sandstorm Gold, go to www.sandstormgold.com/invest.
Wall St for Main St welcome Dr. Elaina George to the show. She is a Ear, Nose and Throat (ENT) Specialist, free market advocate for free market based healthcare and the author of Big Medicine.
To check out Dr. George work and to purchase her book, go to http://drelainageorge.com/
What did we discussed?
1. How Obamacare hurt the doctors and patients with limited competition, bureaucracy and massive regulations.
2. Why Obamacare has designed to fail from the beginning.
3. How more competition and choices will help both the doctors and patients.
4. Thoughts on Rand Paul's plan to replace Obamacare.
5. Does the FDA protect consumer in the name of safety or is it an innovation killer and a barrier to entry?
Jason Burack of Wall St for Main St interviewed returning guest, former contributor to Entrepreneur Magazine, Business Insider & Huffington Post turned superstar YouTuber David Seaman https://www.youtube.com/user/davidseamanonline
David's Gab.AI page: https://gab.ai/d_seaman
David's Twitter: https://twitter.com/davidseamanweb
The story of David being fired from the Huffington Post for writing an article about Hillary Clinton's health during the 2016 Presidential election became the top story on Zero Hedge for about 24 hours. http://www.zerohedge.com/news/2016-08-29/huffingon-post-revoked-publishing-access-journalist-after-post-hillarys-healthits-or
During this 30+ minute interview, Jason asks David about his rise to stardom on YouTube, why the mainstream media seems to keep doubling down on many of its anti-Trump stores and if Trump is in the process of flipping FBI Director James Comey to start spilling what he knows about the Clinton Foundation and other crimes.
Jason Burack of Wall St for Main St interviewed first time guest, MC Laubscher of Cash Flow Ninja http://cashflowninja.com/
M.C. Laubscher is a wealth strategist, educator, and financial freedom fighter. He is the founder and president of Valhalla Wealth Financial and host of the popular business and investing podcast, Cashflow Ninja.
Here's his bio: http://cashflowninja.com/about/
The Cash Flow Ninja podcast averages 35k downloads per month on iTunes and has 100 5 star reviews. MC's podcast has been chosen as one of the top new business podcasts on iTunes.
During this interview, Jason starts off by asking MC about his background from South Africa and how he came to the US?
MC talks about his journey and why he started the Cash Flow Ninja podcast and why he is invests and sells infinite banking policies.
If you wanted to know about the whole life dividend paying insurance policies and how they are great and versatile savings vehicles, MC goes in depth about it.
Jason and MC discuss overcoming obstacles and impediments to move forward and why if you are an American you have a unique opportunity to build an online business now.
Jason Burack of Wall St for Main St interviewed returning guest, investment banker, financial analyst, bond analyst, credit analyst, bank analyst & author, Christopher Whalen http://www.rcwhalen.com/ Chris is considered one of the top bank & credit analysts in the US.
Follow Chris on Twitter @rcwhalen https://twitter.com/rcwhalen
Chris is also Head of Research at Kroll Bond Rating Agency in New York. https://www.krollbondratings.com/about-us/bios/detail/christopher-whalen
Christopher is the author of the 2010 book, Inflated: How Money and Debt Built the American Dream, now in its second edition from John Wiley & Sons. Christopher co-authored a book with veteran securities counsel Frederick Feldkamp in 2014 entitled Financial Stability: Fraud, Confidence & the Wealth of Nations published by John Wiley & Sons.
His new book project is entitled Ford Men: From Inspiration to Enterprise, a study of Ford Motor Co and the Ford family that spans the history of 20th Century America, starting with the great inventor in the early 1900s and going through to the present day. Available in Q1 2017.
Chris' Amazon page of books he has written: https://www.amazon.com/R.-Christopher-Whalen/e/B004F9DITC/
"The real division is not between conservatives and revolutionaries,
but between authoritarians and libertarians." -George Orwell
Jason starts off the interview by asking Chris if he thinks the Dodd-Frank bank regulations after the 2008 financial crisis have helped fuel a new commercial real estate bubble like Danielle DiMartino Booth has suggested http://dimartinobooth.com/commercial-real-estate-towers-gold-pillars-salt/.
Jason and Chris discuss the European banking crisis, Deutsche Bank and also the history of Ford Motor Company and whether Tesla Motors will succeed and become the top automobile company?
Jason Burack of Wall St for Main St interviewed returning guest, money manager and CEO of McAlvany Financial http://mcalvany.com/ and the McAlvany Group of Companies, David McAlvany.
David also co-hosts the popular McAlvany Weekly Commentary podcast https://mcalvanyweeklycommentary.com/ and he has a new self help/family improvement/personal development book coming out soon called, The Intentional Legacy https://www.amazon.com/Intentional-Le...
During this 40+ minute interview, Jason starts off by asking David what type of mess is President Donald Trump inheriting?
Jason and David discuss the banking system and the US' debt problems, what damage a strong US Dollar on the Dollar Index can do to the global economy and whether the US Dollar and Gold van buck normal financial correlations and rise together?
Jason Burack of Wall St for Main St and managing editor of The News Doctors and independent financial journalist, Eric Dubin are back for Episode #31 of Welcome to Dystopia.
To start the show, Jason and Eric discus whether gold and silver have bottomed?
Eric talks about how the currency markets are affecting gold and silver prices and Jason talks about how the President of Turkey is calling FOREX speculators "terrorists" http://www.zerohedge.com/news/2017-01...
Jason and Eric then talk about capital controls in China, Bitcoin and how there's now a tug of war between the elite's version of globalism that only benefits people in the West with some cheap goods and economic nationalism post Brexit, Donald Trump and Italian referendum.
Jason and Eric also discuss what could go wrong with Trump raising tariffs on China.
There's some good laughs in this episode!
1) Former Goldman Sachs CEO, NJ Governor, & Scumbag Hall of Fame Member, Jon Corzine https://en.wikipedia.org/wiki/Jon_Cor... who was able to gamble with $1.6 billion in customer money at his firm MF Global in 2011 when he bankrupted the company and escape with only a $5 million civil fine! http://www.reuters.com/article/us-mfg...
2) Joe Biden for winning a Presidential Medal of Freedom today- WTF did he do to deserve it???
3) Fiat Chrysler for lying/cheating on pollution tests with the EPA http://www.zerohedge.com/news/2017-01...
Jason Burack interviewed returning guest, former managing director at Goldman Sachs & Bear Stearns turned whistle blower and author, Nomi Prins http://www.nomiprins.com/. Nomi's full bio is here: http://www.nomiprins.com/biography/
Nomi is the author of numerous books including, All the Presidents' Bankers: The Hidden Alliances that Drive American Power https://www.amazon.com/All-Presidents...
She is currently working on her newest book, Artisans of Money, which will be out later in 2017.
Nomi's review of 2016 and 2017 political/markets predictions: http://www.nomiprins.com/thoughts/201...
During this interview, Jason asks Nomi about the effects a strong US Dollar on the US Dollar Index can have on the global economy and how much damage it can do to the global economy?
Jason and Nomi discuss how the amount of foreign government denominated debt in US Dollars and foreign corporate debt denominated in US Dollars has basically risen an order of magnitude in the last few decades.
Jason then asks Nomi about if anything has been fixed in the banking system since the 2008 financial crisis?
Jason and Nomi also discuss if central banks have the ability to continue expanding the balance sheets, why China is also doing currency swaps with its trading partners and some of the risks Donald Trump runs by implementing a tariffs and a large protectionist trade policy on China.
To wrap up the interview, Jason asks Nomi, who was a supporter of Bernie Sanders and on his team of economic advisors how angry she was that Hillary Clinton got the Democratic Party nomination instead of Bernie given the information that came out in Wikileaks Podesta emails and the DNC Leaks.
Jason Burack of Wall St for Main St interviewed returning guest, former software entrepreneur turned hedge fund manager, Erik Townsend. Erik also hosts the popular Macro Voices podcast https://www.macrovoices.com/
To start off the interview, Jason asks Erik about the damage a strong US Dollar can do to the global economy?
Erik thinks the Dollar Index will continue to increase until global central bankers sit down and agree to another Plaza Accord https://en.wikipedia.org/wiki/Plaza_A... to manipulate and intervene in currency markets with exchange rates.