Jason Burack of Wall St for Main St and independent financial journalist and managing editor of The News Doctors, Eric Dubin are back for Episode #25 of Welcome to Dystopia.
Jason and Eric talk about gold and silver markets to start the episode off.
Next, Jason and Eric discuss what central banks like the Bank of Japan, European Central Bank (ECB), Federal Reserve and Bank of England are doing and they discuss GEED: Global Economic Erectile Dysfunction and how it's a new medical condition! (JOKE!)
Global Central Banks are now collectively putting in at least $180 billion per month in global QE http://www.zerohedge.com/news/2016-07-26...
Jason and Eric also discuss other important current events including:
1) How Social Security just ran a $6 trillion deficit, no one noticed it and why your social security payroll tax on your paycheck may increase 32% in the near future! http://www.forbes.com/sites/kotlikoff/2016/07/17...
2) A White House Report says how US student loan debt will still help the economy (yea, right!) http://www.msn.com/en-us/money/markets...
The US subprime auto loan bubble and the new Wikileaks stories are also discussed along with the party conventions and Eric picks Donald Trump to win the 2016 presidential race convincingly!
1) TSA for assaulting a 19 year old partially deaf and disabled cancer patient and for enormous misconduct and corruption! http://www.againstcronycapitalism.org...
2) VA spends $20 million on artwork instead of hiring more doctors to help veterans http://dailycaller.com/2016/07/26/report-va...
3) Facebook for blocking stories about the DNC emails on Wikileaks or other websites covering the story Wikileaks broke.
Wall St for Main St welcome back Fabian Calvo, who is the Editor of Fabian4Liberty.com. Fabian is a libertarian entrepreneur and real estate investor.
To find out more about Fabian's work, go to Fabian4liberty.com.
In this podcast, we discussed the aftermath of Brexit and the implication it will have on the U.K. We also talked about the sotck market making all time high and why there isn't any sense of optimism from a lot of investors. After all, the PE ratio valuation is higher than it was during the tech bubble! Finally, we addressed the state of the precious metals and real estate market. Fabian expects the government and Wall St to get creative in keeping the housing bubble inflated by tricking the indebted first time home buyers with special mortgage programs.
Jason Burack of Wall St for Main St interviewed returning guest, former corporate executive and phD scientist, Dr. Chris Martenson http://www.peakprosperity.com/.
Chris co-created The Crash Course and Peak Prosperity website with Adam Taggart and they also co-authored their new book, Prosper!: How to Prepare for the Future and Create a World Worth Inheriting in November 2015 https://www.amazon.com/Prosper...
Since he quit his corporate job over a decade ago, Chris has since become an expert on many topics.
During this 40+ minute interview, Jason and Chris have a wide ranging discussion on a number of topics including:
1) Why he thinks gold and gold stocks have rallied so strongly since December 2015?
2) Are mainstream money managers losing all remaining confidence in the Federal Reserve and other central banks?
3) Will the stock market crash if obvious daily stock market manipulations are occurring?
4) Why haven't more shale oil companies gone bankrupt when the oil price went below $40/barrel WTI?
5) Will new technology from Silicon Valley be able to drastically reduce the usage of oil around the globe in only a decade?
6) Why isn't there more clean water available?
7) Many experts cite the Simon–Ehrlich wager from 1980 to 1990 as justifying that over the long term all commodity prices have to fall. But, despite what economic textbooks say should be happening, things have drastically changed since China joined the WTO and commodity prices are nearly all in long term uptrends and the cost of production for many commodities rises 10% or more yearly. What type of real world limits are there preventing commodity prices from declining over the long term that maybe was not seen or not available when this bet was made?
Jason Burack of Wall St for Main St interviewed first time guest, former Wall Street investment banker, macroeconomic expert and publisher of The Solari Report https://solari.com/, Catherine Austin Fitts.
Catherine's bio can be found here: http://solari.com/about-us/catherine/
During this 35+ minute interview, Jason starts off by asking Catherine how she thinks China will deal with the debt problems the country has with its state owned banks and municipalities?
Catherine thinks China will try to address its debt problems by a combination of growing its way out of its problems and also by printing a lot of RMB and then exporting them outside the country like how the US has done for decades with exporting massive amounts of Dollars.
Jason and Catherine discuss China copying the US in a number of ways including militarily.
Next, Jason asks Catherine about global financial repression from all the world's major economies and how economies like Japan, US, UK, EU and China are attempting to manipulate interest rates lower while also manipulating their foreign exchange rates.
Jason also asks where negative interest rate policy (NIRP), a cashless society and the US' war on cash fit into this?
Catherine talks about how governments are working together more to coordinate policy decisions. It sounds like the US is willing to relinquish some control in exchange for a one world government type setup.
Jason then asks Catherine about her January 2016 issue of The Solar Report where she talks about investing in space industry companies and the plans the central planners have for colonizing Mars and space travel.
Catherine thinks this is one of the primary reasons for setting up one world government.
Next, Jason asks Catherine if it will be a minor miracle if the major US stock market indexes don't crash before the November 2016 elections? Catherine talks about how every market is manipulated now.
Jason then asks Catherine about why Donald Trump and Bernie Sanders are becoming so popular on Main St, USA?
Catherine says Americans realized they are being destroy with inflation (currency debasement), taxes and their privacy, rights and civil liberties are being stolen.
Jason also asks Catherine where value in markets is for investors right now. Catherine says hard assets like real estate and precious metals will offer people the best inflation protection. She also says stocks may do well.
To wrap up the interview, Jason asks Cathering if the emergency Federal Reserve meeting with President Obama was due to an imminent bank failure and also possible positive solutions for people on Main St to deal with the wave of increasing inflation, taxes and loss of privacy that things like NIRP and a cashless society are predicting are coming and probably on going to get worse.
Jason Burack of Wall St for Main St interviewed first time guest, Jim Puplava, CFP. Jim is a Certified Financial Planner, he is the Founder & President of the Puplava Financial Group of Companies, and he's host of the popular Financial Sense Newshour show http://www.financialsense.com/ since 1987!
Jim's firm manages around $400 million of client money.
Jim's full bio can be found here: http://www.financialsense.com/contributors/james...
During this 30+ minute interview, Jason starts off by asking Jim why he thinks gold & gold stocks have rebounded so much since December?
Jim talks about negative interest rates and how it is very good, in his opinion, for gold and gold stocks.
Jason and Jim discuss the gold market further including how the market is so small that money managers moving into gold can cause big moves in a short amount of time.
Next, Jason asks Jim about the state of the global economy. Jim talks about how the global economy is slowing down and he expects the US to enter into a recession soon with official US government economic statistics.
Jason then asks Jim what, in his opinion, the US shale oil boom has done to peak oil? (since Jim has read hundreds of books about the oil market and interviewed many dozens of experts).
Jason and Jim discuss the global economy further including the European banking crisis, whether China will need to bailout their state owned banks or state municipalities and whether the stock market will crash?
Jim thinks financial repression and NIRP is forcing people looking for income into stocks and that's preventing stocks from crashing. Jim Doesn't expect the stock market to crash in the next 6-12 months unless something major happens.
Jason and Jim also discuss how government is making many problems worse in society and the economy, especially his home state of California.
Jason Burack of Wall St for Main St interviewed returning guest, precious metals expert & paid consultant for the gold & silver mining industry, David Jensen. David is also a follower of Austrian School Economics.
Before they discuss David's newest article, Jason first asks David about his opinion of the global economy through his Austrian School lens. David and Jason talk about the problems with Keynesian Economics and how Keynesianism and Monetarism have created enormous debt and economic problems the global economy can next longer handle.
Next, Jason asks David to discuss his newest article, which is available here: http://www.safehaven.com/article...
Jason and David discuss gold and silver manipulation and the state of the gold and silver mining industry.
Jason Burack and Eric Dubin are back for Episode #24 of Welcome to Dystopia!
During this episode, Jason and Eric start off by discussing Brexit and how gold and silver markets reacted to Brexit.
Jason and Eric discuss the gold and silver markets, an imminent European banking Crisis involving Deutsche Bank and other European banks, why it's happening and what can be done about it along with other current events going on all over the globe including:
1) Japanese Savers Flooding to Physical Gold http://www.zerohedge.com/news...
2) China planning to use more than $300 billion in saver's pension fund capital for a bailout/Plunge Protection Team of their stock market http://www.zerohedge.com/news...
3) Ben Bernanke visits Abe and Kuroda in Japan to discuss a new 10 trillion Yen "helicopter money" plan in next stage of Abenomics.
4) The more than $12 trillion in global government bonds that now have negative interest rates.
Peter Schiff joining team Bitgold/Gold Money!
1) Hillary Clinton for getting off the FBI charging her http://www.nmws.us/fbi-insider-leaks...
2) 26 Democrats who did the gun law "sit in" all own guns! https://heatst.com/politics/26-of-the-democrats...
3) Congresswoman Corrine Brown and her assistant running a fake charity and stealing $800k facing up to 300 years in prison http://thehill.com/blogs/blog-briefing...
4) Bernie Sanders endorses Hillary Clinton this week! What a hypocrite!
WE COULD HAVE SPENT OVER AN HOUR OF THE SHOW NAMING ADDITIONAL SCUMBAG NOMINEES INCLUDING THE TSA AGENTS WHO ASSAULTED A DISABLED GIRL, THE FAST AND FURIOUS PROGRAM SELLING GUNS TO THE PARIS TERRORISTS IN ARIZONA, AND THE POLICE OFFICERS WHO DELETED THE VIDEO OF DIAMOND REYNOLDS' PHONE OF HER BOYFRIEND'S SHOOTING http://www.againstcronycapitalism.org...
Wall St for Main St welcome John Pollock, who is the CEO of Financial Gravity and author of The Nest Egg Cookbook.
To find out more about John's services. go to www.financialgravity.com
In this podcast, we will talk about how increasing taxes and regulation is destroying the entrepreneurs and small business owners way of living. Instead of hiring of workers or investing in new capital, the taxes goes in a black hole with nothing to show for it.
We also talked about how small business owners/entrepreneurs can cut their tax liability with ease even though the tax code is complex and it
Jason Burack of Wall St for Main St interviewed returning guest, former CFO of Silver Wheaton and the Co-Founder and CEO of Sandstorm Gold http://www.sandstormgold.com/, a $600 million market cap company, Nolan Watson.
During this 30+ minute interview, Jason starts off by asking Nolan about why he thinks the gold price has had a strong rally since December?
Nolan talks about asset bubbles all over the globe, failures of large banks like Deutsche Bank and how large money managers are looking for another place to park capital and how gold has benefited greatly from that.
Jason and Nolan discuss the ~$12 trillion in global negative interest rates in government bonds.
Next, Jason asks Nolan a number of questions about the gold mining industry including what gold price is needed to start building new gold mines and if the gold mining industry has done a good job of cutting costs?
Jason spends a lot of time and many questions asking Nolan about his company, Sandstorm Gold and the deals it has done.
Jason and Nolan discuss whether there's gold and silver byproduct streams available on copper and base metal miners, whether there's more competition on gold and silver royalty and streaming deals and why Sandstorm Gold has an enormous growth pipeline and is undervalued relative to its peer companies.
Jason Burack of Wall St for Main St interviewed returning guest, former technology entrepreneur and Founder and Editor in Chief of The Dollar Vigilante https://www.dollarvigilante.com/, Jeff Berwick.
During this 40+ minute interview, Jason starts by asking Jeff why he thinks the economic & political elites are implementing negative interest rates, FACTA and other capital controls and trying to rapidly devalue their currencies?
Jeff talks about how central banks is a main pillar of communism and how the Keynesians are fascists and are trying to create a new type of brainwashed, broke and destitute serf.
Jason and Jeff discuss how much more the global financial system can take of currency devaluation. Jeff thinks there will be some kind of debt jubilee or rapid currency devaluation in the near future that allows the globalists and elites to start over again with inflation and potentially a one world currency.
Next, Jason asks Jeff about his travels all over the globe and the people he's met and how many people in other countries hate government?
Jeff says lots of people dislike taxes and government and want government to be minimally in their lives or not at all but many don't consider themselves Libertarian or Anarcho-Capitalist because they haven't read the books about it.
Jason then asks Jeff about his recent trip to Caracas, Venezuela and why the country is collapsing and experiencing hyperinflation?
Jason also asks Jeff why he loves Bitcoin, why Bitcoin means freedom more than government issued fiat currency and about gold and silver during this interview.
Wall St for Main St welcome back Adam B Levine, who is the editor of Let's Talk Bitcoin.
Check out Adam's work at www.letstalkbitcoin.com
In this podcast, we discussed the impact bitcoin halving will have on the price and on bitcoin itself. We also talked about the possibility of bitcoin becoming non existent in the near the future.
Finally, we covered ethereum and how it could possibly be a game changer in the cryptocurrency space and if it can provide competition to bitcoin.
Jason Burack of Wall St for Main St interviewed first time guest, former investment banker and gold stock newsletter writer http://www.miningstocks.com/, Jay Taylor.
Jay hosts the 1 hour radio show, Turning Hard Times into Good Times http://jaytaylormedia.com// and has been writing his paid investment newsletter on gold, energy and technology stocks for 35 years!
During this 40+ minute interview, Jason starts by asking Jay how he found the Austrian School of Economics and why he likes it?
Jay talks about the US going off the international gold standard in 1971 and how it affected him and markets. Jay talks about the PhD Economists at the Federal Reserve and how they are obsessed with high stock prices starting with Alan Greenspan in 1987.
Jay talks about the hypocrisy of Alan Greenspan at length.
Jason and Jay talk about the fundamental problems in the global economy and how there's malinvestment everywhere. Jay thinks there will be really bad inflation coming, then a total collapse and deflation after the inflation is over.
Jason then asks Jay about a stock market crash and Jay talks about how the Federal Reserve and the Plunge Protection Team have prevented the stock market from crashing for years.
Jay then talks about why he owns gold and how he is not particular happy if the gold price rises a lot because it means the economy is collapsing, currencies are collapsing, etc.
Jason then asks Jay about the gold mining industry and if the industry has done a good job cutting costs since 2011?
Jay says the industry was forced to cut costs in order to survive and stave off bankruptcy since 2011. Jay thinks junior gold miners and junior gold explorers will drastically outperform producing gold mining companies and that they are more efficiently run companies compared to big, bloated, wasteful, inefficient large cap miners run as bureaucracies.
Jay also gives one or two of his favorite junior gold stock picks!