Jason Burack of Wall St for Main St and managing editor of The News Doctors and independent financial journalist, Eric Dubin are back for Episode #31 of Welcome to Dystopia.

To start the show, Jason and Eric discus whether gold and silver have bottomed?

Eric talks about how the currency markets are affecting gold and silver prices and Jason talks about how the President of Turkey is calling FOREX speculators "terrorists" http://www.zerohedge.com/news/2017-01...

Jason and Eric then talk about capital controls in China, Bitcoin and how there's now a tug of war between the elite's version of globalism that only benefits people in the West with some cheap goods and economic nationalism post Brexit, Donald Trump and Italian referendum.

Jason and Eric also discuss what could go wrong with Trump raising tariffs on China.

There's some good laughs in this episode!

Scumbag Nominees:
1) Former Goldman Sachs CEO, NJ Governor, & Scumbag Hall of Fame Member, Jon Corzine https://en.wikipedia.org/wiki/Jon_Cor... who was able to gamble with $1.6 billion in customer money at his firm MF Global in 2011 when he bankrupted the company and escape with only a $5 million civil fine! http://www.reuters.com/article/us-mfg...

2) Joe Biden for winning a Presidential Medal of Freedom today- WTF did he do to deserve it???

3) Fiat Chrysler for lying/cheating on pollution tests with the EPA http://www.zerohedge.com/news/2017-01...

Jason Burack interviewed returning guest, former managing director at Goldman Sachs & Bear Stearns turned whistle blower and author, Nomi Prins http://www.nomiprins.com/. Nomi's full bio is here: http://www.nomiprins.com/biography/

Nomi is the author of numerous books including, All the Presidents' Bankers: The Hidden Alliances that Drive American Power https://www.amazon.com/All-Presidents...

She is currently working on her newest book, Artisans of Money, which will be out later in 2017.

Nomi's review of 2016 and 2017 political/markets predictions: http://www.nomiprins.com/thoughts/201...

During this interview, Jason asks Nomi about the effects a strong US Dollar on the US Dollar Index can have on the global economy and how much damage it can do to the global economy?

Jason and Nomi discuss how the amount of foreign government denominated debt in US Dollars and foreign corporate debt denominated in US Dollars has basically risen an order of magnitude in the last few decades.

Jason then asks Nomi about if anything has been fixed in the banking system since the 2008 financial crisis?

Jason and Nomi also discuss if central banks have the ability to continue expanding the balance sheets, why China is also doing currency swaps with its trading partners and some of the risks Donald Trump runs by implementing a tariffs and a large protectionist trade policy on China.

To wrap up the interview, Jason asks Nomi, who was a supporter of Bernie Sanders and on his team of economic advisors how angry she was that Hillary Clinton got the Democratic Party nomination instead of Bernie given the information that came out in Wikileaks Podesta emails and the DNC Leaks.

Jason Burack of Wall St for Main St interviewed returning guest, former software entrepreneur turned hedge fund manager, Erik Townsend. Erik also hosts the popular Macro Voices podcast https://www.macrovoices.com/

To start off the interview, Jason asks Erik about the damage a strong US Dollar can do to the global economy?

Erik thinks the Dollar Index will continue to increase until global central bankers sit down and agree to another Plaza Accord https://en.wikipedia.org/wiki/Plaza_A... to manipulate and intervene in currency markets with exchange rates.

Jason and Mo of Wall St for Main St discuss 2016 including the Federal Reserve, interest rate increases, the 35+ bond bull market, a strong US Dollar, Donald Trump and Dow 20k.

Wall St For Main St welcomed back Eric Hadik, he is a cycle and technical analyst and editor of INSIIDE Track Trading.

To check out Eric's newsletter go to, www.insiidetrack.com

Topics discussed in this podcast:

1. A review of the gold/silver market in 2016 and what to expect in 2017. Why did the precious metals market correct in the second half of 2016?

2. What caused the U.S. dollar at make 14 years highs and what should we expect in 2017?

3. With the Dow Jones approaching 20,000 and S&P 500 making all time high, should we be worried or bullish for stocks in 2017?

4. Is the bull market in bonds over? Will the bubble finally burst and what does that mean for housing market and the credit market?

Jason Burack of Wall St for Main St interviewed returning guest, Cornell University Chemistry Professor, David Collum. Dave writes an annual review which is considered one of the more comprehensive reviews of markets.

Jason and Dave talk about why Donald Trump won the election, the potential end of the 35 year bond bull market, why bankers weren't put in jail for fraud after the 2008 financial crisis, censorship on college campuses and how the mainstream media is on a witch hunt.