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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 #19 of the Welcome to Dystopia podcast.
The special guest on this podcast is Gold Anti-Tust Action
Committee (GATA) http://www.gata.org/, President Bill
Murphy. Bill has decades of experience trading commodities and also
writes a popular newsletter at Le Metropole Cafe.
During this episode, Jason congratulates Bill and GATA for being
vindicated with Deutsche Bank (DB) admitting manipulation of gold
and silver and now agreeing to turn in evidence and help implicate
its other co-conspirators.
Eric and Jason ask Bill many questions about the gold and silver
markets.
Bill says US investment banks still haven't been named yet for
their role but hopefully this will change soon. GATA has also not
been contacted about testifying about the manipulation
occurring.
After the interview with Bill is finished, Jason and Eric discuss
why the Japanese Yen has been strengthening against the US Dollar
and what that might be signaling?
The Yen carry trade being unwound on a large scale may be
signalling that global asset prices are about to have a major
correction.
Jason and Eric also talk about the recent emergency Federal Reserve
meeting with President Obama at the White House and what may have
been discussed?
Next, Jason and Eric talk about the large banks' exposure to bad
oil loans and how it is still massive.
To wrap up the regular part of the show, Jason and Eric discuss how
according to a recent Wall Street Journal report greater than 40%
of all US student loan debts are in default.
Scumbag Nominees:
1) Jim Cramer for routinely recommending companies right before
they go bankrupt
2)
http://dailysignal.com/2015/09/30/cal...
3) Bernie Sanders and his lawyers for sending a "cease and desist
letter"https://www.buzzfeed.com/maryanngeorg...
to the seller of "Bernie is my Comrade" t shirtshttp://libertymaniacs.com/products/be...