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!
Jason Burack of Wall St for Main St interviewed first time guest, Managing Director of Wind Rock Wealth Management http://windrockwealth.com/, Christopher Casey.
During this 30+ minute interview, Jason starts off by asking Chris about Brexit and if he thinks it's good for freedom?
Chris says it's too early to tell but that UK politicians, bureaucrats, central planners and Bank of England central bankers are good at screwing things up in the UK economy without help from the European Union (EU).
Jason and Chris talk about whether the economic and political elites expected the Brexit vote to turn out the way it did.
Next, Jason asks Chris how he found the Austrian School of Economics and why he likes it?
Chris talks about his background learning economics, reading books about economics and how after reading Milton Friedman he found a book from Mark Skousen called, Economics on Trial.
Jason and Chris discuss Austrian School Economics and why it's good to learn and discuss Murray Rothbard's book about the 1929 Great Depression.
Next, Jason asks Chris about stock market valuations and if it's likely there's a potential stock market crash in the next 6-12 months? Chris says there's a high probability of a crash during that time period because valuations, especially using price to revenues, are at all time highs.
Jason then asks Chris about the rally in oil in 2016 and if it's sustainable?
To wrap up the interview, Jason asks Chris about precious metals, the importance of diversification in one's investment portfolio and whether as a money manager for clients he is worried about counter party risk and bail ins with potential bank failures on the horizon?
Jason Burack of Wall St for Main St interviewed returning guest, precious metals expert, The Wealth Watchman http://thewealthwatchman.com/
Watchman also has an excellent YouTube channel about the global economy and precious metals: https://www.youtube.com/channel/UCJrY...
During this 35+ minute interview, Jason starts off by asking Watchman about the Brexit vote and if the results of the vote are, in his opinion, good for freedom and for precious metals?
Watchman talks about the history of the European Union and why it was started.
Jason and Watchman then talk about how the economic and political elites are trying to prevent other European Union countries from leaving the EU. Economic & Financial Warfare is being currently used against the UK with massive currency attacks, credit downgrades with a lot more to come.
Jason also asks Watchman about the gold and silver markets. Watchman thinks that China is having trouble sourcing enough physical gold in tonnage to meet its demand and they may switch more demand to physical silver instead.
Watchman also thinks a stock market crash is on the horizon.
Jason Burack of Wall St for Main St had on returning guest, hedge fund manager Kevin Duffy of Bearing Asset Management to talk about shorting stocks.
Kevin wanted to come back on for another interview because he didn't get to discuss his expertise, shorting stocks. Kevin has been shorting stocks professionally for over 20 years.
Jason starts off the interview by asking Kevin about the Brexit vote to leave and what it means for European banks and the British Pound?
Jason and Kevin talk about the continued, worsening intervention of central planners into markets and how even if the UK leaves the EU completely, that the politicians, bureaucrats, central planners and central bankers in the UK will still continue monetary and fiscal policies that will probably make their economy worse.
Kevin talks about the massive government bond bubble and the problems with negative interest rates.
Jason then asks Kevin about the short selling philosophy of famous investor and short seller, Jim Chanos http://www.valuewalk.com/jim-chanos-bio/
Jason talks about Jim Chanos' short selling checklist. Chanos looks for companies or industries:
1) Credit Booms That Go Bust
2) Obsolete Technologies like Kodak
3) Companies with too much debt on balance sheet
4) Fraudulent accounting like from Enron
Here's some additional articles about the stocks Jim Chanos is short and how he finds shorting opportunities:
Jason and Kevin discuss different industries to potentially short including copper, oil, European banks, home builders, etc
Jason also asks Kevin about the recent Tesla Motors/Solar City deal.
Wall St for Main St welcome technical and cycle analyst Eric Hadik. He is the editor of the Inside Track and 40 Years Cycle.
To find out more about Eric's work, go to www.insiidetrack.com or 40yearscycle.com
In this podcast, we did an introduction into Eric's unique approach to trading by using a combination of technical analysis and analysis of cycles that has occurred with the economy, geopolitics and other factors. Then we discussed the gold and silver market and why Eric believe 2016 is the golden year for both metals. We also discussed the Brexit and how it will impact the British Pound and their economy. Plus much more!
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 #23 of their Welcome to Dystopia podcast show.
To start the show, Jason and Eric discuss the gold and silver markets an how the markets are in a trading range (held down) until the Brexit Vote is done later tonight/early tomorrow. http://www.zerohedge.com/news/2016-06-22...
Jason and Eric then discuss the Brexit situation more.
Jason then discusses the RMB's massive devaluations first against the Japanese Yen and the Euro then against the US Dollar and how Chinese savers are responding. Hint: they are buying physical gold and silver and also Bitcoin.
Next, Jason brings up other crazy current current events going on in the economy including:
1) Brazilian Telecom Giant Oi SA files Largest Private Sector Bankruptcy in Brazil's History http://www.zerohedge.com/news/2016-06-21/brazilian...
2) Brazil's state of Rio de Janiero just got a $850 million (US) bailout just weeks before the Olympics from Brazil's federal government http://www.kitv.com/story/32282237/rio...
3) TEPCO Admits Cover Up of Fukushima http://www.zerohedge.com/news/2016-06-21/tepco...
4) OPEC discusses the need for a regime change in Venezuela http://www.zerohedge.com/news/2016-06-21/opec...
Jason and Eric also discuss the oil market after the recent recovery in oil prices and if it's sustainable? http://www.telegraph.co.uk/business/2016/06...
1) Elon Musk for bailing out his cousins running Solar City with Tesla shareholder's ~$2.9 billion in capital http://www.cnbc.com/2016/06/22/chanos-bail-out...
2) George Soros & Rothschild for trying to scare people into not voting for Brexit http://www.zerohedge.com/news/2016-06-20...
3) Jean-Claude Juncker, European Council President for hating people voting for Brexit and anyone who disagrees with this powerful bureaucrat http://www.zerohedge.com/news/2016-06-21/juncker...
4) The European Union bureaucrats for suggesting robots should already get electronic persons rights in the EU and also pay taxes http://www.zerohedge.com/news/2016-06-22...
5) Scumbag Remover Dr. Kelli Ward going after Senator John McCain: http://thenewsdoctors.com/senator-john-mccain...
Jason Burack of Wall St for Main St interviewed first time guest, lawyer & Co-Author of JPMadoff: The Unholy Alliance between America's Biggest Bank and America's Biggest Crook http://jpmadoff.com/ Helen Davis Chaitman.
Helen's book can be purchased here: https://www.amazon.com/JPMadoff...
During this 25+ minute interview, Jason starts off by asking Helen about her background and how she got involved with the Bernie Madoff Ponzi Scheme case?
Helen admits she was an investor with Madoff and that she lost all of her liquid assets when Madoff's Ponzi Scheme fell apart. Helen talks about her difficult fight to get her money back.
She started working for free to help other Madoff victims repair their lives during the 2008 crisis as many of her litigation cases against banks were not moving forward and protected by big government and both political parties.
Helen even spoke to Bernie Madoff himself in multiple phone conversations after his Ponzi scheme collapsed and Madoff revealed to Helen that JP Morgan knew about this epic fraud scheme the entire time! Helen found out from Madoff himself how he kept $3-$6 billion in cash all the time in his account at JP Morgan Chase!
Helen talks about how banks received $34 trillion in aid from the Federal Reserve and the US government during the 2008 financial crisis and up to present day.
Jason and Helen discuss how banks are manipulating other markets like LIBOR, gold, silver and other commodities and why the US government won't prosecute any banking executives or other white collar criminals?
To hear more about Helen's fight against JP Morgan, the total corruption of the financial system and Helen's fight to get her money back, please listen AND share this interview!
Wall St for Main St interviewed Dan Joseph, he is the editor of The China Learning Curve and author.
To check out his work go to www.chinalearningcurve.com
In this podcast, we discussed Dan's background and why he decided to move to China and start his business there. We also discussed the misconception people have regarding the business environment in China. From there, we looked in to the debt crisis in China and how it is getting out of control after a few decades of economic growth.
Finally, we touched on the subject of the falling Yuan and what it means for their economy. Plus much more!
Jason Burack of Wall St for Main St interviewed returning guest, editor of the Hat Trick Letter at Golden Jackass http://www.goldenjackass.com/, Jim Willie.
During this hour+ long interview, Jason asks Jim questions about the global economy and markets including:
1) Former Goldman Sachs alumni and current Minneapolis Federal Reserve Bank President recently said in public that the Federal Reserve serves Main St. Do you agree with him?
2) Will the powerful politicians and bureaucrats running the EU allow Brexit to occur?
Look inside the ECB's asset buying (manipulation) program (of propaganda) http://www.zerohedge.com/news/2016-06-13...
3) Do you think the economic and political elites were meeting at the recent Bilderberg meeting to discuss how to implement fully digital currencies and a cashless society on a global scale?
4) Do you think the US wants a new president in place in Brazil to allow US oil companies to buy up assets from PetroBras as Petrobras faces financial problems from low oil prices and too much debt? Are the Chinese also planning how to get involved in this with strategic investments into mining and oil in Brazil?
5) China is now issuing RMB bonds from it's BRICs bank and Asian Infrastructure Investment Bank. In your opinion what does this mean for the global financial system and the Petro Dollar?
6) Bloomberg recently ran an article saying that the Chinese want to have more control over how all commodities are priced since China is the largest buyer of many commodities. Do you think China is doing a step by step process to castrate the LBMA and the COMEX?
7) Do you think there's a manipulation tug of war in the oil market between Russia/Saudis who want the higher cost producers all bankrupt while Wall St banks want to move oil prices higher to avoid declaring tens of billions in bad oil loans?
Wall St for Main St welcome back Fabian Calvo, who is the editor for Fabian4Liberty.com. In this podcast, we discussed the effect Brexit will have on the EU and the Euro currency. Should the U.K. stay or leave the EU?
Next, we talked about how all of the economic data is lined up to collapse the economy again similar to 2008. Then we looked at the situation in Brazil and Venezuela and how socialism can corrupt the economy and destroy society with central planning economic. Plush much more!
Jason Burack of Wall St for Main St welcomed first time guest, hedge fund manager Kevin Duffy of Bearing Asset Management. Kevin runs his hedge fund with Bill Laggner and they use the Austrian School of Economics at their hedge fund for different insights in markets and the global economy.
During this 30+ minute interview, Jason asks Kevin about:
• How did you find the Austrian School of Economics and what advantages do you think it provides for looking at markets?
• What investors do you pay attention to and how would you describe your investing methodology?
• Your hedge fund that you run with Bill Laggner didn’t do well at all from 2013-2015. What lessons did you learn from your mistakes and, in hindsight, why do you think markets acted differently than you expected?
• Why do you think the stock market hasn't crashed yet?
• What's your view on the global economy? Do you think a strong US Dollar can potentially collapse the global economy if the Dollar had continued to strengthen?
Kevin answers these questions and also gives our listeners some industries to research for investment during the interview.
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 #22 of their Welcome to Dystopia show.
Jason starts off the show by asking Eric about the correction in gold and silver and if he thinks it's over?
Eric thinks the correction is indeed over.
Jason and Eric discuss whether the rich Democrats who are PhD economists at the Federal Reserve are helping keep the stock market propped up to help Hillary Clinton win the election?
Jason and Eric discuss the potential manipulation tug of war in the oil market and also the commodities bull market that has restarted now thanks to inflation picking up again globally.
Obama slipped Bernie through the side door of the White House today.
POTUS tried to get Bernie to end his campaign. Sanders says he's going
all the way to the convention. But he will ultimately fall in line.
When word of Obama's endorsement of Clinton hit the newswires, Sanders
was in a public meeting with Senator Harry Reid. All Sanders could bring
himself to do was look down at the floor, offering no comment to
assembled reporters. Video and full story:
Jason Burack of Wall St for Main St interviewed hedge fund manager, author and newsletter writer of Addicted to Profits http://addictedtoprofits.net/, Dave Skarica.
During this hour+ long interview, Jason starts off by asking Dave about his book Collapse! he wrote in 2014 and why the stock market hasn't collapsed?
Dave talks about the global economy and how different central banks are trying to keep the party going and fueling asset bubbles, etc.
Dave thinks if the stock market crashes before the November 2016 election that it guarantees a win for Donald Trump in the election.
Next, Jason asks Dave about legendary investor Sir John Templeton since Jason and Dave have both studied the investments and career of John Templeton. Jason asks Dave what Templeton would have been buying the last year or so and what Templeton would have been shorting using his investing methodology if Templeton were still alive? Dave says Templeton made a fortune investing in copper and base metal miners when they were very cheap in the mid-late 1990s and Templeton probably would have been buying gold stocks and other resource stocks in the last year because many were at the point of maximum pessimism.
Jason and Dave discuss the gold mining industry and why gold has had a rally since December.
Dave thinks ultimately all global central bankers are trapped and there will be a worse stagflation coming. He also thinks central banks will unintentionally create a new commodities bubble as central banks attempt to devalue their fiat currencies.
Jason Burack of Wall St for Main interviewed returning guest, Bitgold https://www.bitgold.com/ co-founder and the Chief Strategy Officer of Bitgold, Josh Crumb.
New articles on Bitgold software free for users:
During this 20+ minute interview, Jason starts off by asking Josh why gold has rallied in US Dollar terms since December?
Josh talks about negative real interest rates and how the gold bull market has actually been going on for more than 2 years in other currencies besides the US Dollar.
Jason and Josh discuss negative interest rate policy and the attempt by many global central banks to implement financial repression.
Josh says that gold will be an even more attractive alternative for investment and savings the more attempts central banks try at manipulating interest rates down or taxing people to keep money at a bank account as part of negative interest rate policy or NIRP.
Jason then starts asking Josh a lot of questions about the Bitgold business model like what problems in the market was Bitgold created to solve?
Bitgold has recently added the ability for businesses to pay payrolls in gold and pay dividends in gold for free to users and Bitgold is rapidly approaching 1 million users/customers in a little over a year.
If you want to learn more about Bitgold, this is a informative interview from Josh about where the company is now and where it's going!
Jason Burack of Wall St for Main St interviewed returning guest, Wall St veteran, investor and whistle blower, Charles Ortel http://charlesortel.com/
Charles is and investor and writer interested in economics, geo-politics, history, travel and just, lasting peace.
During this 40+ minute interview, Charles talks extensively about his in depth research into the financials of the Clinton Foundation and the potential more than $100 billion in solicitation and wire fraud they may have committed.
Charles talks about how this charity went out of its way to not have any required financial statements and audits since its inception in 1997.
Charles thinks there's potentially millions of cases of wire fraud and solicitation fraud in all US states, national charges and also international charges for fraud against the Clinton Foundation.
Jason also asks Charles about the Hillary Clinton email scandal.
To wrap up the interview, Jason then asks Charles about why the US stock market hasn't crashed yet given how bad things are in the global economy, why holding physical gold is a good idea and how the US economy can be fixed long term and put on much sounder footing.
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.