Jason Burack of Wall St for Main St had on first time guest, former reporter, money researcher and Bitcoin and Crypto Currency Expert, David Seaman https://www.youtube.com/user/davidseamanonline
David has over 10k subscribers on his YouTube channel and can be contacted on his Twitter handle: @d_seaman
During this 30+ minute interview, Jason starts off by asking David about his background. David talks about how he was a reporter with a math background who was researching the NSA and our online security and he found out some of the bad things the BSA was doing with the data of American citizens before Edward Snowden did.
David became fascinated with gold, Bitgold, Bitcoin and crypto currencies and he began researching about money and reading many technical, white papers about Bitcoin.
David takes pride reading complicated white papers on the math and technology behind Bitcoin and Ethereum and explaining them in easier to understand terms for videos on his YouTube channel and in his written paid newsletter.
Jason asks David about the problems with Bitcoin in layman's terms and if Bitcoin developers are working on fixing them asap?
David says Bitcoin is in a difficult transition now and it was originally designed to only have added security measures to prevent it from being hacked rather than the source code being made for lots of extra innovation.
Jason then asks David about the other crypto currencies like Litecoin, Dogecoin, etc and what differences, if any, they have between themselves and Bitcoin?
David calls these coins copycats using copy and past from the Bitcoin source code but he says the real innovations from Bitcoin and the block chain technology are from Ethereum, which he calls Bitcoin 2.0 on his videos.
Jason then asks David more about Ethereum and the innovations.
Jason and David have an interesting discussion about gold, debt based fiat currency and the problems with the current money system now. Jason asks David if he is seeing increased usage of Bitcoin and Bitgold in collapsing countries like Venezuela, Argentina, etc?
To wrap up the interview, Jason asks David why he likes gold and Bitgold a lot?
Jason Burack of Wall St for Main St interviewed first time guest, pioneer of quantitative equity analysis for stocks, author of multiple best selling investing books and CEO of O'Shaughnessy Asset Management http://www.osam.com/, James O'Shaughnessy. James' firm has over $5 billion assets under management.
His full bio is here: https://en.wikipedia.org/wiki/James...
James' books can be purchased here: http://www.amazon.com/James...
Definition of Quantitative Analysis: http://www.investopedia.com/terms/q...
During this 30+ minute interview, Jason starts off by asking Jim about his background and how he became interested in investing and finance?
Jim talks about how his father and his father's friends would sit around discussing the management teams of companies they were investing in and considering investing in. James always thought these were the wrong way to invest so he started researching the 30 DOW stocks at his local library in Minnesota as a teenager. When he got to collect computers were becoming far more powerful and useful so he was able to to research using computers and go through a lot more data to find good stocks to invest in.
Jim talks about the types of fundamentals his quant research finds and how the best companies to invest in possess certain types of fundamentals.
James talks about how people, including financial professional, destroy their own investing returns by relying on their emotions like fear, greed and hope to make irrational decisions.
Jason then asks Jim about how his investing methodology differs from conventional value investors like David Einhorn or Bill Ackman and if legendary value investor Benjamin Graham was a quant?
James talks about how all the best long term value investors are all very disciplined, can control their emotions and have an extensive checklist of items they need to see in a company before they invest.
Next, Jason asks Jim why most investors and money managers underperform in markets?
Jim talks about how investors often miss key data or rely on certain data way too much in addition to not controlling their emotions.
Next, Jason asks Jim if the current environment for stocks is different than past bull markets or bear markets he has experienced?
To wrap up the interview, Jason asks Jim about shorting the stock market and being long gold like George Soros, Carl Icahn, Stanley Druckenmiller and Paul Singer? Also, if he was re-writing his contrarian investment book in 2016 instead of 2006 what investments would be good ones for contrarians now?
Jason Burack of Wall St for Main St and independent financial journalist and managing editor of The News Doctorshttp://thenewsdoctors.com/, Eric Dubin are back for Episode #21 of their Welcome to Dystopia show.
During this hour+ long full show, Jason asks Eric about the new correction in gold, silver and miners.
Jason and Eric discuss whether Wall St money managers are buying the dips?
Jason talks about how gold and silver prices weren't high enough yet to guarantee a lot of new mines being built.
Eric talks about how the Federal Reserve and US Treasury Department is trying to talk up the possibility of an interest rate hike in June or July to keep the US Dollar Index from collapsing and create demand to buy US Treasury bonds.
Jason and Eric discuss the real economy and how Target, Kohl's and Macy's all had very poor revenues and earnings numbers.
Jason and Eric talk about the Deutsche Bank class action lawsuit Jim Sinclair is filing that precious metal miners are joining.
Jason and Eric discuss the total collapse in Venezuela, corruption in Brazil with their president being impeached and PetroBras and if large Wall St banks manufactured the rally in oil and base metals to avoid/delay bankruptcies on those commodity producers to make the banks look more solvent.
1) Mayor of Flint, Michigan- according to whistle blower stealing donation $$$ sent to the water relief crisis and funneling the $$ instead to her PAC http://www.againstcronycapitalism.org/2016...
2) All of US Congress after 65 page manifesto released by whistle blower, Congressman X. X reveals the inner workings of DC politicians and their hypocrisy! http://www.zerohedge.com/news/2016-05-16...
3) Bernie Sanders supporters who endorse Bernie Madoff as his VP! https://www.youtube.com/watch?v=II-gubJpYvA
Wall St for Main St welcome Louis James, he is the editor of Casey's Research The International Speculator. Due to high demand from our listeners, we brought on another well known mining analyst to discuss the current state of the gold/silver market.
In this podcast we discussed the cause of the rally in the precious metals market and what it means for investors. We also talked about the mining sector and how they are managing the higher prices. Louis will share his advice on investing in mining stocks plus much more!
Jason Burack of Wall St for Main St interviewed returning guest, Certified Market Technician (CMT) and editor of The Daily Goldhttp://thedailygold.com/, Jordan Roy-Byrne. Jordan has about a decade of experience investing and trading stocks especially gold stocks and commodities stocks.
During this 35+ minute interview, Jason starts off by asking Jordan why he thinks gold started to rally in December 2015/January 2016 after a long and painful cyclical bear market since 2011?
Jordan talks about how there's negative interest rates now and how central bankers seem to want interest rates to go further negative. Jordan talks about how in past gold bull markets interest rates were also negative. This includes the past gold bull markets during the 1940s and the 1970s when Paul Volcker was raising interest rates sky high. Jordan says Paul Volcker was not able to raise rates fast enough to keep up with the inflation rate rising so that's why rates were still negative then.
Jason and Jordan then have a very long, in depth discussion about gold miners and why the industry has improving fundamentals.
To wrap up the interview, Jordan names a few of his favorite, profitable gold stocks WS4MS listeners should watch and think about accumulating on dips.
Jason Burack of Wall St for Main St interviewed returning guest, precious metals expert and author on JS Mineset http://www.jsmineset.com/, Bill Holter.
Bill has decades of experience working in the financial industry and he now works in collaboration with "Mr. Gold" Jim Sinclair doing weekly podcasts and also writing articles (pay subscription required for most content). Bill's articles can be found here:http://www.jsmineset.com/category/bill-holter/
During this 20+ minute interview, Jason starts off by asking Bill about his article he published the end of April (<http://www.jsmineset.com/2016/04/26/this...)why he thinks that the global financial system won't last until October.
Bill talks about the problems in the credit and derivatives markets and how the real economy, which is dire and collapsing in his opinion, cannot support the amount of credit/debt already in the global financial system.
Jason and Bill discuss the debt problems in the global economy.
Next, Jason asks Bill about the class action lawsuit Jim Sinclair is filing against Deutsche Bank after they admitted manipulating the gold and silver markets. Jason asks Bill if precious metals investors who have lost many thousands of dollars each are allowed to join the lawsuit? Bill says there will be multiple lawsuits filed but the current lawsuit is for gold and silver mining companies.
Jason and Bill discuss if the US Treasury market can support the Saudis dumping all of their US Treasuries at once and the spike in open interest on the COMEX.
Bill thinks that the perfect storm for silver is now here now that annual silver supply is declining thanks to base metal miners shutting off mines or going bankrupt, strong demand for physical silver and the US Dollar strength appears to have topped.
Bill thinks this will be the precious metals bull market where investors NEVER sell their physical metal or their best gold and silver company shares because currencies are going to collapse all over the globe.
Jason Burack of Wall St for Main St had on returning guest, registered investment adviser (RIA) and popular economic blogger, Mike "Mish" Shedlock www.mishtalk.com. Mish has been blogging about the economy since 2003 and has one of the most popular economics blogs on the internet.
During this 30+ minute interview, Jason asks Mish about the fluctuations and volatility in currency markets and how that is affecting asset prices?
Mish thinks countries and their central banks are not colluding/manipulating currency exchange rates to take turns devaluing their currencies and that it's basically every man for himself. Mish thinks this has led to many asset bubbles over the years.
Mish talks about how well the gold stocks have done in 2016. Mish expects a 20-25%pullback in gold stocks sometime in the near future but that he would be adding to positions on that dip.
Mish thinks the global economy is collapsing and that things are dire in Japan, China and Europe.
Jason and Mish discuss the rally in oil and oil stocks and also Japan's failures of fighting deflation.
Mish says there's nothing wrong with deflation.
To end the interview, Jason asks Mish where he sees value in any markets and also his thoughts on the 2016 Presidential Election? Mish thinks Donald Trump will win the election but the tariffs on China and other imported goods that Trump is proposing could be dire for the US economy.
Jason Burack of Wall St for Main St and managing editor of The News Doctors http://thenewsdoctors.com/ and independent financial journalist, Eric Dubin are back for Episode #20 of their Welcome to Dystopia podcast show.
To start off the episode, Jason asks Eric what's been going on in the gold and silver markets the last week and about the most recent jobs report. Eric talks about the massive amount of new short contracts the commercials (bullion banks) are issuing and how phony the jobs numbers truly are.
Jason then asks Eric why the stock market hasn't crashed yet?
Jason and Eric discuss inflation that's still in asset prices and in the global economy.
Jason and Eric discuss whether communism, socialism or fascism have infected the US for 100 years. Jason says the communists and socialists don't care about owning the means of production as long as they can tax everything more every year and also create inflation to help redistribute wealth.
Jason and Eric also discuss the current news on the upcoming 2016 presidential election.
1) Deutsche Bank- They told their clients Italian government bonds were safe in 2011 while their firm dumped 90% of the bonds they own! Silly muppets! http://mobile.reuters.com/article/idUSKCN0XX0J5
2) Charles Ortel reveals more crimes/fraud/theft at the Clinton Foundation: http://www.zerohedge.com/news/2016-05-06/wall-street-analyst-exposes-clinton-foundation-charity-fraud
3) Former Goldman Sachs alumni and current Minneapolis Federal Reserve President, Neil Kashkari, says Fed's Job Is To "Serve Main Street" (LOL!!!!!!!!!!) http://www.zerohedge.com/news/2016-05-09/fed-president-says-feds-job-serve-main-street
Jason Burack and Mo Dawoud of Wall St for Main St did a review of how 2016 is playing out and how accurate their report they released in January 2016 is.
Jason and Mo discuss value investing, investing in resource stocks and also what's really going on in the global economy.
If you would like to donate fiat, Bitcoin or Bitgold please go to our website!
Jason Burack of Wall St for Main St had on first time guest, Erik Townsend. Erik is a former software entrepreneur who is now a hedge fund manager. He also hosts the new Macro Voices podcast http://www.macrovoices.com/
Listeners may also remember Erik from the past being on both the Peak Prosperity podcasts with Chris Martenson and also the Financial Sense Newshour with Jim Puplava.
During this 40+ minute interview, Jason starts off the interview by asking Erik about his background. Erik talks about how he built a successful technology company and then sold it before the technology bubble popped. Erik then, unfortunately, lost a lot of his money after trusting Wall Street with his money. He then started to learn about investing on his own and how to manage his money himself.
Jason and Eric talk about some of the problems with Wall St and the hedge fund industry.
Next, Jason asks Erik if he thinks central banks are trapped? Erik thinks all the major central banks like the US, Japan, ECB, etc are trapped but predicting the timing of any collapse or market crash is almost impossible. He cautions people to avoid making big bets on the stock market crashing in the short term.
Jason then asks Erik about what financial repression is and how people can protect themselves from it? Erik gives an excellent explanation of financial repression and how savers and investors, who have tried to do the right thing financially in their lives, are being penalized. Jason and Erik discuss how negative interest rates and a cashless society are following financial repression.
Jason then asks Erik about the shale oil boom and what that has done to his peak oil thesis? Erik talks about how easy money and credit from the Federal Reserve allowed any oil driller with a pulse to get $$ to drill uneconomic oil wells.
Erik expects oil to go lower again to the low to mid 30s before putting in a full bottom and he thinks there will be excellent investing opportunities for value investors if that does happen.
Jason then asks Erik why he thinks the stock market hasn't crashed yet? Erik thinks lots of money are coming into the US because they think the US Dollar will remain stronger than other fiat currencies.
After this, Jason asks Erik about robots and automation and how entrepreneurs and younger adults will have to adapt to finding new jobs or creating new businesses in the economy.
Erik says how crony capitalism is making things exponentially more difficult for the economy to create more jobs.
Finally, to wrap up the interview, Jason asks Erik which countries or markets does he see value? Erik is looking for another correction in oil but thinks there will be excellent buying opportunities for investors if that does happen.
Wall St for Main St welcomed back John Rubino, who is the editor of The Dollar Collapse and co-author of The Money Bubble. In this podcast, we discussed the feds next move as the economy continues to struggle. Does the feds know what they are doing or are they clueless?
Also, we discussed the best way to invest in the gold and silver market and how technology has been easier for people to move money outside the banking system.
Finally, we touched on Obama's recent press conference on the state of the economy. He is pushing to raise minimum wage in effort to stimulate the economy. This is called the Keynesian multiplier effect and guess what.....it doesn't work! Otherwise, the government stimulus programs should have dug us out of this recession. Plus much more!
Wall St for Main St welcome back Dr. Mark Thornton, who is a
Senior Fellow at the Mises Institute.
In this podcast, we discussed the rise of socialism in the U.S. and why it has become a popular ideology among the young voters in this election. We also discussed why capitalism has become less popular and what we can do to show the benefits of free market capitalism.
In the next part of our podcast, we discussed the federal reserve decision not to raise the interest rate. Can the Feds raise rates without the economy falling apart? Finally, we talked about the ongoing war on drug and why the government is on the losing side of the war.