Info

Wall St For Main St

Wall St for Main St is a start up investor education, financial education, research and consulting company. We provide alternative financial information, research, education and consulting to Main Street investors using uncommon wisdom like the Austrian School of Economics. Our goal is teaching people how to fish for themselves instead of trusting their financial adviser for everything. We interview top investors, traders, money managers, financial commentators, economic experts, authors, CEOs and newsletter writers from around the world to discuss the latest events in the global economy and financial markets.
RSS Feed Subscribe in Apple Podcasts
2017
April
March
February
January


2016
December
November
October
September
August
July
June
May
April
March
February
January


2015
December
November
October
September
August
July
June
May
April
March


Categories

All Episodes
Archives
Categories
Now displaying: April, 2015
Apr 28, 2015
Steve St Angelo: Gold & Silver Miners Running Out of Ways to Cut Costs

Jason Burack of Wall st for Main St had on gold and silver mining and oil and energy expert, Steve St. Angelo of the SRSRocco Report http://srsroccoreport.com/ on for an in depth interview.

During this 50+ minute interview, Jason asks Steve about the costs to operate a modern primary gold and primary silver miner. Jason and Steve discuss how since ore grades have fallen so much over the decades how they have made it difficult for miners for have high margins.

Jason asks Steve how miners have survived in the past when gold and silver were below their all in production costs in the mid 90s. Steve cites one miner, Coeur D'Alene Mining, who sold hundreds of millions more shares diluting shareholders to survive.

Jason and Steve discuss whether miners can sell many more shares in this environment. Jason doesn't think that's likely considering what he hears from his contacts in Toronto and Vancouver where miners normally get financed how there's basically no debt or equity available anymore, except in small amounts at penalty/punitive rates.

Jason asks Steve about primary copper miners and what will happen to the gold and silver by-product when the hedges of copper miners come off line and copper miners go bankrupt or shut down mines.

Steve thinks this could cause a supply squeeze in the near future unless gold and silver prices rise.

Jason and Steve talk about the fundamentals of the market how demand for physical is rising, while the paper price is controlled and how miners are struggling mightily financially just to not go bankrupt soon.

To wrap up the interview, Jason and Steve discuss the oil and energy markets, peak oil and how the fracking boom is about to turn into a fracking bust because US shale oil companies are not making a profit without their hedges, they have too much debt and the energy returned on energy invested (EROEI) in shale oil is poor compared to other oil production.

Steve and Jason also talk about solar power and how it's probably not a panacea to replace oil and natural gas, at least not until the battery problem is solved. Most rare earths mining is done in China to produce solar panels, making them not as environmentally friendly as people think and silver industrial demand should grow the more solar panels are used.

Apr 26, 2015
Mish Shedlock: Global Currency Crisis Coming Soon

Jason Burack of Wall St for Main st had on returning guest, Mike "Mish" Shedlock http://globaleconomicanalysis.blogspo.... Mish is a registered investment advisor representative for Sitka Pacific Capital Management and he has one of the top and most popular websites about the economy and investing online.

During this 40+ minute interview, Jason asks Mish about interest rates and financial repression and if he thinks the Federal Reserve is trapped and can they meaningfully raise interest rates?

Mish says the Fed would probably never admit they are trapped and is probably too stupid to know they are basically trapped.

Jason and Mish discuss financial repression in the US, Japan, etc.

Next, Jason asks Mish about his recent article about the pension plan crisis developing in the US.

Mish and Jason discuss if asset price inflation is intentionally being done to help generate higher returns for pension funds?

After this, Jason asks Mish about asset price inflation, bubbles and where Mish still sees value in markets. Mish likes gold, gold miners, Japanese stocks most.

Jason asks Mish about the oil market and they discuss job losses because of the US shale oil bust is happening now even though oil may have bottomed.

Jason and Mish then talk about inflation, currency wars, deflation and currency pegs.

Mish says Keynesian central bankers will do almost anything to fight deflation and that ultimately this will lead to a global currency crisis in the near future.

To end the interview, Jason asks Mish about the SDR and if CHina wants the World Reserve Currency?

Mish says China doesn't want the burden of the world reserve currency, at least not anytime soon.

Apr 24, 2015
John Ciampaglia: New Sprott Gold Mining ETFs Are Efficient Way To Buy Gold

Jason Burack of Wall St for Main St had on Sprott http://www.sprott.com/ Executive VP of Corporate Development, Head of ETFs and Chartered Financial Analyst (CFA), John Ciampaglia.

During this 20+ minute interview, Jason asks John why ETFs have become popular versus mutual funds.

Jason asks John about the 2 new Sprott gold mining ETFs and their methodologies. Each ETF updates either quarterly or every 6 months.

Unlike many other ETFs, which are market cap weighted, Sprott's gold mining ETFs have a different qualitative methodology looking for better gold miners instead of just bigger gold miners.

Jason and John discuss whether mutual funds are dinosaurs since many mutual funds underperform their benchmark index due to management fees and other hidden fees.

Apr 23, 2015
Joe Meyer: Investors Should Be Wary As The Market Soars

If you subscribe with Joe's newsletter now and you will get the 2014 year end edition as a bonus. http://straightmoneyanalysis.com/

Wall St for Main St interviewed Joe Meyer, who is a former Money Manager and the Editor of The Straight Money Analysis. In this podcast, we discussed the change in the culture in Wall Street from the 1970s to today and how it has affected the market. Also, we talked about the potential exit of Greece from the Euro,the overvalued stock market and how investors can take caution. Plus much more!

Apr 20, 2015
Dave Skarica: Dangerous Financial Engineering Everywhere

Jason Burack of Wall st for Main St had on returning guest, hedge fund manager, author and newsletter writer of Addicted to Profits http://addictedtoprofits.net/, Dave Skarica. 

Dave's newest book out is, Collapse! How the Federal Reserve Created Another Stock Market Bubble And Why It Will Collapse. 

During this 50+ minute discussion, Jason asks Dave about his newest book, Collapse, and why the stock market hasn't collapsed yet? 

Dave talks about flight capital leaving other countries to come into the US and how central bankers are helping prop up asset markets. Dave doesn't think this is sustainable and that the US stock market is long overdue for a nasty and deep correction in the near future. 

After this massive correction or crash, Dave thinks the Federal Reserve instead of threatening to raise interest rates, will instead go for QE4 to try and manipulate interest rates lower using financial repression.

Dave thinks much more painful stagflation is in the future for the US and most of the rest of the world once the US Federal Reserve reverses course. 

Next, Jason asks Dave if it's become increasingly more difficult to be a contrarian investor and a value investor with the Federal Reserve and other Keynesian central banks all around the globe trying to boost asset prices with QE, Wealth Effect, etc. 

Dave thinks it's a lot harder to be a contrarian now and Jason and Dave discuss the investing philosophy and methodology of one of the world's most famous investors, Sir John Templeton. 

Jason and Dave also have a long discussion about financial engineering and how it's become pervasive both in corporate America and also by governments and their central banks. 

Next, Dave talks about the markets he is current buying and where he sees value. Jason and Dave discuss oil, coal and the precious metals during the rest of this interview. 

Apr 20, 2015
Eric Dubin: Propaganda, Bread & Circuses At All Time High

Jason Burack of Wall St for Main St had on returning guest, editor of The News Doctorshttp://thenewsdoctors.com/ and former technology executive, Eric Dubin.

During this 50+ minute long discussion, Jason asks Eric about the goals and logic of the US' foreign policy? 

Eric talks about the past strategies of the Roman Empire and the British Empire for divide and conquer and controlled chaos strategies to weaken key areas the US wants to control. 

Jason and Eric talk about how Machievllian US foreign policy is and how the US collects people in power in countries like the Ukraine as puppets. 

Next, Jason asks Eric about Hillary Clinton and her scandals and how the mainstream media is trying to help her become the next president in the 2016 elections. 

Eric says how the propaganda from the mainstream media is at an all time high and how bread ad circuses combined with the propaganda and lies about many things including how well the economy is doing is allowing Wall St and the US government to do whatever it wants because most Americans still don't have a clue about what's really going on or they don't care or they are blind ideologues. 

To wrap up the discussion, Jason and Eric talk about the SDR, the new Asian Infrastructure Investment Bank (AIIB) and precious metals. 

Apr 16, 2015
Dave Kranzler: Amazon.com A Giant Ponzi Scheme?

Jason Burack of Wall St for Main St had on former Wall St bond trader, gold fund manager and investment analyst, Dave Kranzler of Investment Research Dynamicshttp://investmentresearchdynamics.com/

Dave also has started the new Shadow of Truth Podcast with Rory Hall of The Daily Coin. 

During this 40+ minute discussion, Jason asks Dave if he thinks the Fed is trapped about raising interest rates? Dave thinks the Fed cannot raise rates meaningfully and will most likely eventually have to end up lowering rates further on the yield curve towards zero. 


Jason and Dave discuss financial repression and how the US, UK, EU and Japan are all committed to financial repression with artificially manipulated interest rates. 

Next, Jason asks Dave about the housing market and the real economy. Dave cites how Realty Track, which is normally always bullish real estate, recently said ~35% of American homes still have negative equity because of mortgages. 

Dave and Jason talk about new government schemes to try and force younger adults with their first full time job to try and buy a house to keep the asset bubble going.

Next, Jason asks Dave about Amazon.com and why he thinks their accounting is bad? Dave talks about how Amazon has to have revenue growth at all cost in order to pay off debt and other obligations and expenses. 

To wrap up the interview, Jason and Dave discuss the Gold and silver markets and how much longer miners can survive with lower prices? 

Apr 15, 2015
Jason Kelly: The 3% Signal

Wall St for Main St interviewed best  selling author and newsletter writer, Jason Kelly. Jason recently published a new book The 3% Signal. In this podcast, we discussed the Japanese economy, the stock market and bond market in Japan and how the Fukushima crisishas affected Japan. Plus we will go into detail about Jason's unique investing strategy from his new book. Plus much more!

Be sure to check out Jason's new book at http://jasonkelly.com/

Apr 14, 2015
Keith Neumeyer: No Price Discovery In Silver

Jason Burack of Wall St for Main St had on returning guest, President and CEO of First Majestic Silver http://www.firstmajestic.com/s/Home.asp, Keith Neumeyer to discuss the silver market, silver miner's production costs and his companies.

Keith's full bio can be found here: http://www.firstmajestic.com/s/Manage...

During this 20+ minute interview, Jason asks Keith about the supply/demand fundamentals of silver, whether they have changed drastically in the last few years, about the production costs of silver miners worldwide, and how hard it is for the industry and for his mining company to cut costs.

Keith also tells Jason about his new company, First Mining Finance Corp, which recently went IPO.

Apr 10, 2015
Rob Kirby: Debt Problem Destroying Society

Jason Burack of Wall St for Main St had on returning guest, derivatives expert, precious metals expert, former Canadian broker, investment banker and trader, Rob Kirby of Kirby Analyticshttp://www.kirbyanalytics.com/

During this 40+ minute interview, Jason asks Rob about what's going on in the gold market. Rob says all the physical gold is moving from West to East (China, India, Russia, Middle East, Asia, etc) while the paper price of gold doesn't reflect the supply/demand fundamentals. 

Rob thinks in the near future Western central banks will run out of gold to sell to Asia. Jason and Rob discuss what happens to the gold and silver markets if a lot of gold and silver miners go bust and what that would do to supply. 

Next, Jason asks Rob about why the OTC derivatives market hasn't collapsed yet. Rob points to stealth money printing in many forms including currency swaps, by covert groups like the Exchange Stabilization Fund (ESF), Bank of International Settlements, etc to keep asset prices in stocks, bonds and real estate propped up and to make banks appear solvent with fake accounting. 

Rob says many trillions in backdoor bailouts has been printed to prevent the ~$800 trillion or so in interest rate swap contracts in the OTC derivatives market from collapsing everything.

Jason and Rob discuss end game for the current global financial system and what the next system may look like. 

Finally, to wrap up the interview, Jason asks Rob if debt and debt based fiat currencies can destroy society and destroy the fabric of society with moral decay. 

Apr 10, 2015
Robert Rapier: Shale Oil Bankruptcies Coming Soon

Jason Burack of Wall St for Main St had on returning guest, oil and energy expert Robert Rapier on for another in depth discussion of the oil market. 

Apr 7, 2015
Jeff Siegel: How Tesla Could Explode The Solar Industry

Wall St for Main St interviewed Jeff Siegel, who is the managing Editor of Green Chip Stocks and Energy and Capital. In this podcast, we discussed how Tesla could help the solar industry with their latest technology! Plus, we talked about Water investing and much more!

Check out Jeff's web site at http://www.greenchipstocks.com/

Apr 3, 2015
James Turk & John Rubino: Crack Up Boom Has Started

Jason Burack of Wall St for Main St had on a special treat, co-authors of The Money Bubble, James Turk founder of Gold Money http://www.goldmoney.com/ and returning guest and former Wall St analyst, John Rubino http://dollarcollapse.com/ for this in depth, 40+ minute round table discussion.

James Turk and John Rubino also co-authored Dollar Collapse, which was written before the financial crisis of 2008 and it predicted banks and home prices would collapse.

The Money Bubble is now available in full, unabridged audio book over on Audible and can be purchased here: http://www.audible.com/pd/Nonfiction/...

The book is also available on Amazon as an eBook or a regular hard cover.

This in depth discussion talks about currency swaps and their more frequent use and why they are being used more frequently, financial history, manipulating interest rates by global central banks who want to maintain financial repression, currency wars, inflation, deflation, asset price inflation and gold!

Apr 2, 2015
Silver Doctor: Professionals Still Buying Precious Metals

Jason Burack of Wall St for Main St had on returning guest 'Doc' from the popular precious metals news website Silver Doctors http://www.silverdoctors.com/ and owner of SD Bullion.

During this 35+ minute interview, Jason asks Doc about the sentiment for gold and silver in the West since he deals with customers who buy physical gold and silver.

Doc thinks sentiment levels are worse in the US and the Western world than in 2008. He thinks Wall St, investment banks, governments and central banks have tried to intentionally manipulate sentiment, but that many professional investors are still accumulating physical precious metals every month or on dips.

Jason and Doc discuss Ted Butler's theory on JP Morgan owning over 40 million oz of physical precious metals, whether silver miners are in trouble financially, if pure deflation will be allowed for how long and how well gold performs during deflation.

1