Jason Burack of Wall St for Main St had on returning guest Gordon T Long http://www.gordontlong.com/to talk about the emerging global cashless society and the war on cash and savings the economic and political elites have started.
Jason and Gordon also discuss financial repression, asset bubbles, if financial repression can last 10 years or more going forward, China's QE and financial repression goals and whether global central banks are fighting a currency war or their actions are all coordinated in this 50+ minute discussion.
Jason Burack of Wall St for Main St had on returning guest, editor of The Hat Trick Letter found at Golden Jackass http://www.goldenjackass.com/, Jim Willie for another in depth interview.
During this hour+ long interview, Jason asks Jim about major topics including:
1) Why are the banks and politicians moving things towards a cashless society?
2) Why don't Keynesian economists consider asset prices going up a lot as evidence of inflation?
3) China QE coming and China Gold Reserves update- Will China announce a public update to its gold reserves in the next 12 months to join the SDR basket? Does China plan to take apart the IMF from the inside out by joining the SDR while it builds the AIIB?
4) Is there a global currency war or are governments & central banks coordinating things and taking turns with QE to devalue currency and prop up markets?
5)George Soros says WWIII is coming soon between the US and China. Do you agree with him?
6)Hillary Clinton scandals- Why do political elites like her get mostly a free pass from the mainstream media, justice department, etc?
7)New Technology- Is it causing massive amounts of damage to the global economy while also stripping us of all our privacy and civil liberties?
For answers to these questions and other interesting topics please listen to the interview!
Jason Burack and Eric Dubin are launching a new podcast they plan to do 1-2 times per week! Please help name the podcast and you could win 1 Silver Eagle for helping us out!
This podcast will cover interesting news and market topics that we view as important that the mainstream media is either not covering at all, not covering accurately, or is misleading the public about.
This week's episode Jason and Eric discuss:
1) Precious Metals Market Update
2) China QE/ China's RMB being added into the SDR/ China updating its official gold reserves
3) Greece Leaving the Euro
4) Analysis of the Oil Market
5) All the news items involving hacking and cyber security
Wall St for Main St welcome back Dr Mark Thornton! He is an Austrian Economist and a Senior Fellow at the Mises Institute. In this podcast, we followed up our discussion on the "Skyscraper Curse" from our previous podcast. We also talked about the 2008 financial crisis and if the economic would be different if the government and central banks did not intervene. Plus much more!
Jason Burack of Wall St for Main St interviewed John Tamny who is the Political Economy editor at Forbes, editor of RealClearMarkets.com http://www.realclearmarkets.com/, plus a senior economic advisor to Toreador Research & Trading.
John writes a weekly column for Forbes that is available here: http://www.forbes.com/sites/johntamny/
John also has a new book out called, Popular Economics: What the Rolling Stones, Downton Abbey, and LeBron James Can Teach You about Economics, with outstanding reviews on Amazon:http://www.amazon.com/gp/product/1621...
During this 25+ minute interview, Jason asks John about conventional economics (Keynesian) and if it's overly complicated?
John thinks the current economics taught in most universities is far foo complicated and that real economics is much simpler.
Jason and John talk about the Austrian School of Economics and how many people can easily read the introduction book to Austrian School Economics, Economics in One Lesson, by Henry Hazlitt.
Jason and John talk about Economics in One Lesson and John says how his goal with his new book, Popular Economics, was to make a more modern version of Economics in One Lesson, with modern stories.
Jason and John discuss the Amtrak derailment and why does government even own trains in the first place?
John says lower taxes on small business and less regulations will allow the private sector to create more jobs and allow the economy to fix itself.
Jason and John also discuss the plight of Millennials, many of whom have 6 figures in student loan debt.
Jason Burack of Wall St for Main St had on former President of the Mises Institute, former banker and author Doug Frenchhttps://mises.org/profile/doug-french to discuss the Austrian School of Economics perspective/free market analysis on many recent current events including the Baltimore riots, the Amtrak derailment, Hillary Clinton scandals and many other interesting topics.
Doug thinks big government, central banks and central planning are destroying society and the middle class in the US.
Jason Burack of Wall St for Main St welcomed back returning guest, former Wall St executive, whistle blower and author Nomi Prins http://www.nomiprins.com/
During this 40+ minute interview, Jason starts off by asking Nomi about her new book, All the Presidents' Bankers, and according to her research when did Wall St try to start buying off/controlling US presidents.
Nomi talks about how she started her book in the late 19th century (1800s) and bankers like JP Morgan started cozying up up to bankers then and they ran in the same social and partying circles.
Nomi talks about how money and political power enjoy each other's company.
Jason and Nomi talk about the Creature from Jekyll Island and then about FDR and how FDR secretly met with lots of Wall St bankers according to Nomi's research for her book.
Next, Jason and Nomi discuss corruption on Wall St and if it has increased since Nomi first began her career on Wall St in the 1980s. Nomi thinks corruption has increased massively because of the opaqueness of derivatives and financial products.
Jason and Nomi discuss why corruption increased and Jason asks Nomi if the banks don't fear failure because of the Federal Reserve backstopping them.
Jason and Nomi discuss the role central banks like the Federal Reserve play in allowing bankers, hedge fund managers, etc to take enormous risk and not fear being fired, going to jail, etc.
Next, Jason and Nomi discuss the global economy and why she thinks China is close to announcing a large QE program. Nomi thinks central bankers are coordinating their QE programs to help keep interest rates low and asset prices propped up. She thinks this can continue at least for awhile longer until interest rates go to zero in every major economy.
Jason asks Nomi about why China, Russia and other G20 countries are creating the Asian Infrastructure Investment Bank, an alternative SWIFT system and doing enormous currency swaps and bilateral trade agreements.
Nomi thinks many economic and political elites know the status quo is collapsing.
To wrap up the interview, Jason and Nomi talk about the sickening amount of corruption in politics and if anything can be done to reduce the corruption.
Jason Burack of Wall St for Main St had on returning guest Craig Hemke aka Turd Ferguson of the TF Metals Report http://www.tfmetalsreport.com/ to talk about the gold market and China.
During this 20+ minute interview, Jason asks Craig if he thinks the Shanghai Gold Exchange will eventually replace the LBMA and COMEX for setting the global gold price. Craig thinks it's inevitable and a question of when and not if this happens.
Next, Jason asks Craig where he thinks all the gold the US exports is coming from?
Craig says the US and UK are both exporting way more gold than they mine per year.
Jason and Craig discuss the SDR, metals markets and the global financial system and what role China is going to play going forward.
Best selling author, Austrian School Economist and financial and political commentator Charles Goyette http://charlesgoyette.com/ returned for an interview about the Baltimore Riots, corrupt politicians like Hillary Clinton and potential conflict in the Ukraine.
Charles is the first person to get Ron Paul's endorsement for an official documentary about Ron Paul, his life and his views. A recent Kick Starter campaign to raise money for the documentary is here if anyone wants to donate: https://www.kickstarter.com/projects/...
Jason Burack of Wall St for Main St had on returning guest, former top hedge fund manager and chairman of the Sprott group of companies http://www.sprott.com/, Eric Sprott.
During this 25+ minute interview Jason asks Eric about his expert opinion on many important topics including interest rates and financial repression, what's really going on in the US economy, Bitgold, production costs for gold and silver miners, and a review of the fundamentals of the gold and silver market.
Eric thinks anything can be manipulated now for awhile in markets and no major liquidations are allowed anymore.
Jason also asks Eric if he thinks China wants the SDR or if China plans to destroy the SDR from the inside?
Eric thinks China is only temporarily joining the SDR and eventually wants the world reserve currency itself.
Jason Burack of Wall St for Main St had on returning guest, Dan Steffens of Energy Prospectus Group https://www.energyprospectus.com/
Dan has over 30 years of experience working in the oil & gas industry and has great contacts in the industry.
During this 30+ minute interview, Jason and Dan discuss the fundamentals of the oil market, how many acquisitions could take place in the oil market in the next 6-12 months and where Dan sees good value in the oil and natural gas markets including some stock picks!
Wall St for Main St interviewed personal finance guru,author, founder of FinishRich.com and Vice President of Edelman Financial, David Bach. In this podcast, David goes into depth about the reasons why couples fight about fight and how it fix it. We also discussed how couples can plan for retirement and the common mistakes they would make.
Be sure to check out David's web site at http://www.edelmanfinancial.com/ and www.finishrich.com
A nine-time New York Times best-selling author with eleven national bestsellers, David Bach has helped millions of people around the world take the actions necessary to live and finish rich. He is a regularly featured financial expert in the media and has contributed to and appeared on multiple shows, including The Oprah Winfrey Show and NBC’s Today Show. He has also been profiled for his expertise in major publications and has produced and hosted public television specials, including Smart Women Finish Rich and Start Late, Finish Rich, as well as was the former host of The FinishRich Minute and Finish Rich with David Bach.