Jason Burack of Wall St for Main St and managing editor of The
News Doctorshttp://thenewsdoctors.com/ and
independent financial journalist, Eric Dubin are back for episode
#18 of the Welcome to Dystopia podcast.
BIG NEWS IN THE PRECIOUS METALS MARKETS IS THE SPROTT PHYSICAL
SILVER TRUST OR PSLV IS BUYING $75 MILLION WORTH OF MORE PHYSICAL
SILVER! https://finance.yahoo.com/news/sprott...
Jason and Eric discuss what this purchase means for the silver
market and that a lot of silver supply could be offline in the next
few years because of low base metal prices. A lot of the annual
silver production (more than 60%) is from base metal mines as
by-product.
French investment bank, Societe General (Soc Gen) predicts silver
supply will fall by 9% in 2016 and by 13% in 2017 due to low base
metal prices.
Eric and Jason also discuss gold and silver mining share.
Next, Jason and Eric discuss the Panama Papers leak and what
motives are really behind it? Eric suggests listeners read this
article: http://thenewsdoctors.com/panama-pape...
Scumbag Nominees:
1) TSA for wasting $1.4 million on an IPAD app for airport arrows
telling you right or left for which line for pat downs or body
scanners (how wasteful!)
2) President Maduro of Venezuela- for his communist/Marxist
policies and the hyperinflation and murders and corruption that big
government is destroying Venezuela.