Wall St for Main St welcome back Fabian Calvo, who is an entrepreneur and founder of Fabian4Liberty. In this podcast, we discussed the recent crash in the gold prices and the causes, the Greece debt crisis, the China stock market and much more!
Wall St for Main St interviewed Michael Covel, who is an entrepreneur, best selling author and trend trader. In this podcast, we discussed Greece unsustainable debt situation and how it differs from the U.S. debt problem, the lack of good leadership in Washington D.C. and the 2016 election to fix the economy and Michael will also talk about the basic of Trend Trading.
Be sure to check out our other podcasts at www.wallstformainst.com
Wall St for Main St welcome Jim Bruce, who is the Writer/Producer/Director of Money For Nothing: Inside The Federal Reserve. In this podcast, we talked about Jim's recent documentary about the Federal Reserve and how their bad monetary policies created a lot of unintended consequences in the economy. We also talked about his experience interacting with the Fed members and what surprised him the most about them. Plus much more!
To buy the movie, go to http://moneyfornothingthemovie.org/ and enter the code MAINSTREET for a discount!
Jason Burack of Wall St for Main St had on returning guest former Wall St bond trader, gold fund manager and creator of the popular investing website Investment Research Dynamicshttp://investmentresearchdynamics.com/, Dave Kranzler.
Dave also recently started a new podcast with Rory Hall of The Daily Coin called Shadow of Truth.
During this 40+ minute interview, Jason asks Dave about the Greek crisis (Grexit) and if Greece may be sacrificed like Lehman Bros was?
Dave thinks the OTC derivatives market is being protected and a large effort being made to prevent the credit default swaps from being triggered.
Next, Jason asks Dave about China now printing money to buy Chinese stocks.
Dave says the US has already been doing it for years and Jason mentions how Japan also does it. Basically, all the major economies in the world have their central banks printing up currency to buy assets.
Jason asks Dave why money managers on Wall St don't like to admit there's massive evidence of inflation in higher and higher asset prices?
Dave says the financial livelihoods of these guys depends on not admitting asset prices are going higher because of money printing.
Jason and Dave also discuss the oil market.
To wrap up the interview, Jason asks Dave about the gold and silver markets, gold and silver miners, the TPP, Wall St Corruption and why China and Russia haven't already pulled the plug on the global financial system?
Jason Burack of Wall St for Main St had on the Co-Founder and Chief Strategy Officer of Bitgoldhttps://www.bitgold.com/, Josh Crumb.
Josh is also a serial entrepreneur.
His full bio is here: Josh Crumb is the co-founder and Chief Strategy Officer of BitGold. He is an entrepreneur with a background in early stage global businesses. Josh was previously the Senior Metals Strategist at Goldman Sachs in the Global Economics, Commodities and Strategies research division in London. He also held various positions within the Lundin group of companies, serving as Director of Corporate Development and Special Project Analyst for group chairman Lukas Lundin. Currently, Josh is a director of three Canadian listed public companies and plays a large role in many philanthropic organizations. He holds a Master of Science degree in Mineral Economics, a Graduate Certificate in International Political Economy, and Bachelor of Science degree in Engineering from the Colorado School of Mines.
During this 25+ minute interview, Jason asks Josh why he and his co-founder of Bitgold, Roy Sebag decided to get into the gold business?
Next, Jason asks Josh for an explanation of how Bitgold works.
Josh says it allows for people to immediately buy and transact in gold close to spot prices, store in 6 vaults in different countries and also take delivery of the gold quickly even in small amounts.
Josh thinks Bitgold allows the individual to be on a personal gold standard without governments backing their currencies with gold.
To wrap up the interview, Jason asks Josh to address some very common and prevalent objections and misconceptions about Bitgold in the gold community and among gold bugs.
Jason Burack and Eric Dubin are back for another episode of Welcome to Dystopia! In episode 4, they host their first guest, Richard Daughty aka the Mogambo Guru, http://mogamboguru.com/
Richard used to write for the The Daily Reckoning and he had a newsletter for many years. His archived articles can be found on the blog website above Junior Mogambo Ranger (JMR) Doug maintains.
Here's Richard's bio: Richard Daughty (Mogambo Guru) is general partner and COO for Smith Consultant Group, serving the financial and medical communities, and the writer/publisher of the Mogambo Guru economic newsletter, an avocational exercise to better heap disrespect on those who desperately deserve it. The Mogambo Guru is quoted frequently in Barron's, The Daily Reckoning, and other fine publications.
Mogambo's most recent piece was published a few days ago here on Lew Rockwell's website:https://www.lewrockwell.com/2015/06/r...
Topics discussed on the show:
* Is Mogambo Guru surprised TPTB have managed to kick the can down the road since 2008 without another major collapse?
*Greece's Default and whether they are an intentional sacrificial lamb like Lehman Brothers was?
*Political Corruption at all levels of government in the US
*Gold and Silver Market Manipulation
* TPP or Trans-Pacific Partnership and what's hidden in the agreement?
*Jason's (unfortunate) dating and social life in DC are also discussed and Jason cited the mini documentary about how bad dating is in DC http://www.dated-series.com/. Eric and Richard both suggest Jason should move away ASAP.
Stories and Nominees for Scumbag of the Week:
Jason Burack of Wall St for Main St had on first time guest, finance professor, Austrian School Economist and US Senate candidate, Murray Sabrin, http://murraysabrin.com/
Murray has a number of good documentaries out about taxation and the Federal Reserve available for free on You Tube.
During this 30+ minute interview, Jason asks Murray about his background and how he found the Austrian School of Economics?
Murray says he found Austrian School Economics by accident while on an airplane. He saw an article by Murray Rothbard about President Nixon's wage and prices controls in the 1970s.
Jason then asks Murray about the problems with Keynesian Economics.
Jason asks Murray if he thinks the 2 party political system is broken?
Murray thinks there's very little difference between both parties and its been this way for decades.
Jason and Murray then discuss inflation, deflation, stagflation, asset bubbles and whether the central planners will allow deflation for a long period of time without massive intervention?
Murray talks about beneficial deflation in the economy and how Keynesians refuse to recognize any deflation as good.
To wrap up the interview, Jason asks Murray if he thinks the people in power can kick the can down the road and keep printing for another 10 years? Murray thinks a tipping point is coming again like in 2008 in the next few years.