All Episodes - Wall St For Main St
Wall St for Main St provides alternative financial information, research, education and consulting to Main Street investors using uncommon wisdom. Our goal is teaching people how to fish for themselves instead of trusting their financial adviser. We interview top investors, traders, money managers, financial commentators, economic experts, authors, CEOs and newsletter writers from around the world to discuss the latest events in the global economy and financial markets.
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Kevin Duffy: Federal Reserve & Markets Flunking the Marshmallow Test
Jason Burack of Wall St for Main St interviewed returning guest, hedge fund manager Kevin Duffy of Bearing Asset Management http://www.bearingasset.com/. Kevin has over 30 years of experience working in the financial industry and over 20 years of experience successfully shorting stocks. Kevin runs his hedge fund with partner, Bill Laggner. Kevin's Twitter handle: @kevinduffy1929 Dave Kranzler article on potential black swans: http://investmentresearchdynamics.com... During this 40+ minute interview, Kevin discusses the presentation he gave a few weeks ago at Jim Grant's, Grant's Interest Rate Observer Investment Conference called, "Mr. Market Flunks the Marshmallow Test." Jason asks Kevin about current stock market valuations relative to historical stock market valuations, why retail is crashing, and the damage artificially low interest rates have done.
Jim Rickards: China Very Worried About President Trump & Potential Trade War
Jason Burack of Wall St for Main St interviewed returning guest, best selling author, Jim Rickards http://www.jamesrickardsproject.com/. Jim's best selling books include: 1) Currency Wars 2) The Death of Money 3) The New Case for Gold 4) The Road to Ruin Jim's book are available here: https://www.amazon.com/James-Rickards... Jim's full bio here: http://www.jamesrickardsproject.com/a... During this 30+ minute interview, Jason starts off by asking Jim about his recent trip to mainland China and if he learned on his trip if physical gold demand in China is still strong? Jason also asks Jim if China is worried about President Trump starting a trade war by putting a very high tariff on Chinese goods, why Keynesian predictive models with extremely poor long term track records are still given any credibility and whether Janet Yellen and the Federal Reserve will raise interest rates anymore in 2017?
David Seaman: Mainstream Media on New Anti-Russia Witch Hunt
Jason Burack of Wall St for Main St interviewed returning guest, Journalist and YouTuber David Seaman https://www.fulcrumnews.com/. David's popular YouTube channel has over 150k subscribers and over 15 million views: https://www.youtube.com/user/davidsea... David Seaman was fired from the Huffington Post for writing an article during the 2016 Presidential election about the health of Hillary Clinton: http://www.realclearpolitics.com/vide... Article about Antonio Gramchi infecting the US with Cultural Marxism https://stream.org/dangerous-marxist/ Former CIA Officer says Obama Administration spied on Trump and scandal is "Much Worse than Watergate" http://www.zerohedge.com/news/2017-03... During this 35+ minute interview, Jason starts off by asking David what he thinks, in his opinion, President Trump has done right so far in his first 2 months? Jason and David discuss how the mainstream media is on a Neo-McCarthyism style Anti-Russia Witch Hunt, why the FBI hasn't charged any prominent Republican or Democrat politicians in pedogate and about Wikileaks' Vault 7 leaks.
Jeff Clark: China/India Gold Demand Still Very Strong, Precious Metal Miners Struggling
Jason Burack of Wall St for Main St interviewed first time guest, Senior Precious Metals Analyst at GoldSilver.com, Jeff Clark. Jeff was a former mining analyst and newsletter writer at Casey Research where he wrote the Big Gold investment newsletter. Jeff writes a gold market newsletter for GoldSilver.com and his also writes articles for their blog https://goldsilver.com/blog/ Here's some of the questions and topics Jason asks Jeff about during this 30+ minute interview: 1) There was record physical gold withdrawals in November 2016 and February 2017 from the Shanghai Gold Exchange yet many mainstream gold organizations like the World Gold Council, GFMS, etc claim gold demand is weak. What's your take on demand for physical gold globally? 2) The gold to silver ratio is around 71. Do you think this means that silver is the better long term value relative to gold at this point? 3) I want to talk about the primary gold and silver mining industry. Do you think that in general the industry has done a good job at cutting costs in order to survive since gold hit $1900 and silver hit $48 in 2011 and a cyclical bear market started? 4) In December 2016, Bloomberg ran a story showing how primary gold miners are running out of economic gold reserves https://www.bloomberg.com/ news/articles/2016-12-21/gold- miners-are-running-out-of- metal-five-charts-explaining- why Do you think the industry can replace reserves at current gold and silver prices or will gold and silver prices have to go substantially higher to maintain current production levels and also to replace mined/depleted reserves? 5) Can primary gold and silver miners significantly cut more costs without shutting down mines or going bankrupt? 6) The CEO of Franco Nevada recently said that it will almost be impossible for the gold mining industry to grow production beyond current production levels. Do you agree with him? https://www.bloomberg.com/ news/articles/2017-03-01/gold- miners-running-to-stand-still- after-cuts-franco-ceo-says 7) Large gold mining companies like Barrick Gold, Newmont Mining and Goldcorp have written off their proven and probable gold reserves since 2012. Reserves have declined to 61%, 62% and 69% of the 2012 heydays. Is the gold mining industry facing very difficult supply problems now and in the future?
Doug Casey: It's Dangerous to be Politically Incorrect Anymore!
Jason Burack of Wall St for Main St interviewed returning guest, best selling author, world traveler, international man, speculator & founder of Casey Research, https://www.caseyresearch.com/, Doug Casey. Doug's newest book, and his first fiction book of a 7 part fiction book series, Speculator: High Ground, Book 1 is now available on audio book on Audible: http://www.audible.com/pd/Mysteries-T... Doug Casey on the Politically Correct Movement: https://www.caseyresearch.com/article... Find all of Doug Casey's investing books on Amazon: https://www.amazon.com/Doug-Casey/e/B... During this 30+ minute interview, Jason starts off by asking Doug about President Trump and if Trump has done anything Doug has liked so far? Doug talks about how and why so many people hate Trump leading to a long discussion about cultural Marxism and the politically correct movement in the US. Jason also asks Doug about a global US Dollar shortage, stagflation coming and how to speculate on gold stocks.
Jerry Robinson: The Market Has The Same Look As The Dot Com and Housing Bubble
Wall St for Main St welcomed back Jerry Robinson, who is an economist, investor, trend trader and Editor of Follow The Money. If you interested in subscribing to Jerry's newsletter and trading system, go to http://ftmdaily.com/ What did we discussed? 1. Thoughts on the Federal Reserve rate hike and what it means for the market. 2. In depth look at the S& P 500 chart and what the trend is heading in the near term and why Jerry thinks this market has the same look and feeling to previous bubble in the market 3. Trading ideas on industries traders can short 4. Discussed Jerry's recent video on the biblical view on propaganda.
Danielle DiMartino Booth: Politicized Yellen Fed Will Raise Rates Multiple Times & Crash Assets Now
Jason Burack of Wall St for Main St interviewed returning guest, former Dallas Federal Reserve Bank insider, Wall St veteran, author and President of Money Strong, Danielle DiMartino Booth http://dimartinobooth.com/ Danielle's new book, Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America is available on Amazon https://www.amazon.com/Fed-Up-Insider... or on audio book on Audible http://www.audible.com/pd/Nonfiction/... During this shortened interview due to time constraints, Jason asks Danielle about political bias at the Federal Reserve, as well as PhD Keynesian Economists clinging to broken models and being guilty of group think, hubris and confirmation bias. Since Donald Trump won the 2016 election, Danielle thinks Janet Yellen and other members of the Federal Reserve have changed their minds about interest rate increases, further interventions and allowing asset prices like the stock market to fall. Danielle thinks a lot of this is politically motivated to limit President Trump to one term and also to get Democrats to win back Congressional seats from Republicans in upcoming elections in 2018. Jason and Danielle also discuss auditing the Fed and how finding unbiased people to work in the Fed will be very difficult.
Dan Steffens: Oil Supply Glut is a Myth? Wall St Loves Permian Plays
Jason Burack of Wall St for Main St interviewed returning guest, President of the Energy Prospectus Group http://energyprospectus.com/ for oil & natural gas investors, Dan Steffens. Dan has over 20 years experience working in the oil and gas industry. Dan has produced many winning oil investments for growth investors and also for income investors. During this 25+ minute interview, Jason start off by asking Dan if President Trump has done any pro oil or pro energy things in his 6 weeks in office? Dan says it hasn't happened yet but Trump's corporate tax cuts will also benefit the oil and gas industry once they are implemented. Next, Jason asks Dan about the inventory increases in gasoline in the US? Dan says it's not a sign of a massive supply glut and he points out how there's been absolutely enormous (hundreds of billions of dollars) in capex cuts for the oil industry to bring on new long lead time projects and find new oil reserves. Jason also asks Dan about the margins of onshore independent oil producers like EOG Resources and what margin they have at current WTI prices? Dan gives out some oil and natural gas stocks he likes with good valuations and also good growth and he offers Wall St for Main St listeners $100 off an Energy Prospectus Group membership and a free month's copy of his newsletter if they email him!
Welcome to Dystopia Episode 32: Markets Will Reel as Corruption Rages
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 #32 of Welcome to Dystopia. In this episode Jason and Eric discuss how the bullion banks and other manipulators may be hitting precious metal shares harder than paper metals prices to create a divergence to spook out the big money trend traders and hedge funds from going long anything gold and silver. Jason and Eric also discuss looming supply problems in terms of replacing reserves for precious metals miners and also how most miners are currently earning meager margins that are enough to not go bankrupt but also not enough to properly growth their business and adequately replace mined reserves. Eric says physical demand for gold out of China is much, much higher than mainstream gold analysts are reporting and we know this from reliable export data from Lindon/UK and Switzerland. Jason and Eric also discuss during this episode stock market valuations, Danielle DiMartino Booth's new book, Fed Up, more evidence of inflation in the real economy as Costco raises membership fees 6% to offset rising costs and President Trump's first month plus in office as president. Scumbag Nominees: 1) 12 Current and former TSA workers involved in large cocaine smuggling ring into the continental US http://www.washingtonexaminer.com/doj-tsa-workers-smuggled-20-tons-of-cocaine-into-the-us/article/2614679 2) ATF involved in $20 million black market cigarette smuggling ring! http://www.breitbart.com/big-government/2017/02/23/atf-agents-smuggled-millions-dollars-cigarette-sales-secret-bank-account/ 3) Radical, politicized Obama DOJ funneled billions (illegally) in corporate fines to Democratic party activist groups http://nation.foxnews.com/2017/03/02/obama-doj-funneled-billions-liberal-activist-groups 4) Spain starts charging & jailing its bankers for fraud & embezzlement! http://www.zerohedge.com/news/2017-02-27/former-imf-chief-sent-jail-spain-prosecutes-65-elite-bankers-enormous-corruption-sca http://www.shtfplan.com/conspiracy-fact-and-theory/spain-charges-its-central-bankers-six-current-and-former-directors-of-the-bank-of-spain-testify_02212017 http://thefreethoughtproject.com/bankers-spain-charges-central/
Kathy Fettke: Why Commerical Real Estate Market Will Be The First Domino To Fall
Wall St For Main St welcomed back Kathy Fettke, who is a real estate investor and Co-Founder of Real Wealth Network. For more information about the Real Wealth Network, go to http://realwealthnetwork.com/ What did we discussed? 1. Why the commercial real estate is about to go through hard times? 2. How the raising interest rate will effect the housing market? Will it scare away buyers or entice them to buy before it goes up even further? 3. How has is the real estate market now compared to a decade ago? 4. Discuss the current state of the real estate in California 5. Is buying a home still a good investment or is it now considered a lifestyle choice? 6. Advice for first time home buyers.
Peter Boockvar: Yellen Federal Reserve Behind Curve, Will Raise Rates a Few Times in 2017
Jason Burack of Wall St for Main St interviewed first time guest, Chief Market Analyst with the Lindsey Group and Editor of the Boock Report newsletter, Peter Boockvar https://boockreport.com/. Peter's Bio: https://boockreport.com/about/, http://www.thelindseygroup.com/bios/ Peter is the Chief Market Analyst with The Lindsey Group, a macro economic and market research firm. • He is Co-CIO at Bookmark Advisors and a regular CNBC Contributor. Previously he was as a macro analyst and portfolio manager at Omega Advisors, a New York hedge fund. Each day The Boock Report provides summaries and commentary on all the macro data and news that matters for your investments. Additionally I give broader analysis of what it all means and how it fits together with exclusive podcasts and video updates. During this 25+ minute interview Jason asks Peter if he thinks President Trump wants a strong US Dollar relative to other currencies? Peter thinks there's conflicting messages and policies coming from Trump and his cabinet/advisors. Peter and Jason discuss whether the Federal Reserve will raise rates in 2017 and if this combined with potential tariffs on imported goods into the US will create worsening stagflation in the real economy. Jason also asks Peter about current stock market valuations, a global US Dollar shortage, growing currency and asset price volatility and whether any central bank can realistically reduce the size of their balance sheet in a significant way?
David Morgan: Capital Market for Gold & Silver Stocks Are Improving Tremendously
Wall St for Main St welcomed back David Morgan, who is the editor of The Morgan Report. For more information on The Morgan Report, go to http://www.themorganreport.com/ For more information on Lemuria Royalties, go to http://lemuriaroyalties.com/ What did we talk about? 1. The divergence between the gold/silver stocks and the hard asset prices. 2. The margins for the precious metals stocks and how it has improved. 3. How to capital market for gold/silver mining stocks has improved and what it means going forward. 4. How much affect Trump is having on the recent market surge? Is Wall St buying into his economic nationalist and supply side policies?
Dave Kranzler: This Stock Market is the Most Overvalued In History?
Jason Burack of Wall St for Main St interviewed returning guest, former long time Wall St bond trader, gold hedge fund manager, investment analyst/newsletter writer http://investmentresearchdynamics.com/ and co-host with Rory Hall of the Shadow of Truth podcast, Dave Kranzler. Dave writes the Mining Stock Journal and the Short Seller's Journal paid newsletters. During this 40+ minute interview, Jason starts off by asking Dave the probability of a March rate hike by Janet Yellen and the Federal Reserve and also the probability of the Federal Reserve raising interest rates 3 times in 2017? Dave thinks the Fed will do one token, quarter point interest rate increase like they did in 2015 and 2016. Jason and Dave discuss why Deutsche Bank turning over so much evidence proving gold and silver manipulation from a conspiracy theory into a conspiracy fact has hardly moved the price? Dave talks about Alan Greenspan now saying the US should go back onto a gold standard. To wrap up the interview, Jason asks Dave how he researches Junior mining stocks and junior explorers to find quality speculations that can produce hundreds of percent returns in 2-3 years or less.
Perianne Boring: Block Chain Capable of Producing Next $1 Trillion Industry
Jason Burack of Wall St for Main St interviewed first time guest, Founder and President of the Chamber of Digital Commerce http://digitalchamber.org/, Perianne Boring. Upcoming DC Block Chain Summer March 15th and 16th in DC: http://digitalchamber.org/events/dc-s... During this 30+ minute interview, Jason asks Perianne about her background and how she found out about Bitcoin and began researching it. Perianne was an economics major in college during the 2008 financial crisis. She was not happy with the answers her Keynesian Economics gave her for why the crisis happened. She then moved up to the DC area to be a Congressional staffer for finance, economics, etc. Perianne talks about the Austrian School of Economics and how Bitcoin was appealing to her because no government controlled the digital currency. Perianne then talks about her company and why she started it. Her company is there to help protect block chain companies from being destroyed by regulators. Jason and Perianne discuss the future of Bitcoin and block chain, how central banks are testing out the block chain and other technology issues concerning the block chain and how governments, central bankers and bureaucrats may affect Bitcoin and the block chain.
Jeff Deist: President Trump Facing Historically Unprecedented Challenges
Jason Burack of Wall St for Main St interviewed returning guest, President of the Mises Institute https://mises.org/, Jeff Deist. Jeff's Mises page: https://mises.org/profile/jeff-deist Jeff Deist is president of the Mises Institute. He previously worked as a longtime advisor and chief of staff to Congressman Ron Paul. In the past, Jeff was also an attorney for private equity. During this 30+ minute interview, Jason first asks Jeff if in his opinion President Trump has done anything positive? Jason and Jeff discuss some of the things President Trump has done so far and how he is fighting globalism and the deep state. Jason asks Jeff about the history of protectionism and tariffs in the US and if Trump's economic policies mean a lot more inflation stagflation is coming during his presidency?
Frank Curzio: Wait to Add to Gold Stock Positions On The Next Dip
Jason Burack of Wall St for Main St interviewed returning guest, stock analyst, stock newsletter writer and investing podcast host, Frank Curzio http://www.frankcurzio.com/ Frank's full bio is available here: http://www.frankcurzio.com/about/ Frank's Wall Street Unplugged podcast is one of the top investing podcasts on iTunes. During this 40+ minute interview, Jason asks Frank about valuations on large cap stocks, which industries will be positively affected by Donald Trump as US President and which resource stock industries he likes.
Dominic Frisby: Bitcoin Will Outperform Gold in 2017
Jason Burack of Wall St for Main St interviewed returning guest, author and Money Week columnist, Dominic Frisby, https://dominicfrisby.com/ Dominic's weekly Money Week columns are available here: http://moneyweek.com/author/dominic-f... Dominic's full bio here: https://dominicfrisby.com/about-me Dominic has recently written 2 excellent books: 1) Life After the State: Why We Don't Need Government https://www.amazon.com/Life-After-Sta... 2) Bitcoin: The future of money? https://www.amazon.com/Bitcoin-future... Both books are also available as fully unabridged audio books on Audible read by the author. During this 40+ minute interview Jason and Dominic discuss Brexit, Donald Trump, Bitcoin's rally in 2016 and going forward, why Dominic is no longer as bullish on gold and why the US Dollar Index may be the key to the next global financial crisis.
Doug Noland: QE Never Stopped! Central Banks All In
This podcast is sponsored by Sandstorm Gold. Be sure to check out Sandstorm Gold at http://sandstormgold.com/invest/ Jason Burack of Wall St for Main St interviewed first time guest, student of the Austrian School of Economics and Portfolio Manager for McAlvany Wealth Management https://mwealthm.com/doug-noland/, Doug Noland. Doug has over 25 years of experience working in the financial industry including working at Bill Fleckenstein's hedge fund. Doug also worked with David Tice at the Prudent Bear fund, which specializes in shorting stocks and other financial assets. Doug's full bio is here: http://creditbubblebulletin.blogspot.... Doug is perhaps most famous for writing his financial blog articles. Doug has been documenting credit and financial bubbles since the late 1990s with his well known financial blog, the Credit Bubble Bulletin http://creditbubblebulletin.blogspot.... Doug's excellent 2 part McAlvany Weekly Commentary Interviews w/ David McAlvany in 2016: 1) https://mcalvanyweeklycommentary.com/... 2) https://mcalvanyweeklycommentary.com/... During this 40+ minute interview, Jason starts off by asking Doug about his opinion of the state of the global economy? Doug says how he's shocked he's still talking about central banker created bubbles since he started blogging about the technology bubble of the 1990s. Doug says that QE never stopped from global central banks as central banks like the Bank of Japan, ECB and PBOC injected ~$2 trillion of QE into capital markets in 2016. Doug says central bankers are 100% committed to maintaining the status quo now and they are terrified of letting asset prices fall without more intervention.
Robert Wenzel: Will Trump's Tariff Policies Accelerate The Robotics Industry?
This podcast is sponsored by Sandstorm Gold. Be sure to go to their web site for more information at www.sandstormgold.com/invest Wall St for Main St welcomed back Robert Wenzel. He is the editor of the Economic Policy Journal and host of The Robert Wenzel Show. Check out Robert's web site at www.economicpolicyjournal.com What did we talk about? 1. We discussed the Dow Jones going over 20,000 last week and what it means for the market. Is there sense of optimism or should we be cautious? 2. A look at Trump's tax import (tariff) policies and who is the biggest loser in this deal. 3. An outlook at the Federal Reserve and the potential for interest rate hike 4. How minimum wage has impacted the west coast a few years after it was implemented.
Paul Craig Roberts: Trump Not Allowed To Implement Tariffs
Jason Burack of Wall St for Main St interviewed returning guest, former Assistant US Treasury Secretary under President Ronald Reagan and Associate Editor/Columnist for the Wall Street Journal, Paul Craig Roberts http://www.paulcraigroberts.org/ Paul's extensive full bio can be found here: http://www.paulcraigroberts.org/pages/about-paul-craig-roberts/ During this 20+ minute interview Jason starts off by jokingly congratulating Paul for being named to the Washington Post's Fake News list http://www.zerohedge.com/news/2016-11-25/washington-post-names-drudge-zero-hedge-anti-clinton-sophisticated-russian-propagand Jason then asks Paul about Trump's cabinet appointees and how Trump and Obama have vastly expanded powers of executive orders compared to past US presidents and what's allowed in the US Constitution. Jason then asks Paul about what supply side economics is and if Trump will be successful in implementing his supply side economics stimulus policy? Paul thinks it will fail and that because the US joined the WTO President Trump isn't allowed to implement any tariffs on China or Mexico either.
Dr. Elaina George: Why The Healthcare Industry Need More Competition
Wall St for Main St podcast is sponsored by Sandstorm Gold. To learn more about Sandstorm Gold, go to www.sandstormgold.com/invest. Wall St for Main St welcome Dr. Elaina George to the show. She is a Ear, Nose and Throat (ENT) Specialist, free market advocate for free market based healthcare and the author of Big Medicine. To check out Dr. George work and to purchase her book, go to http://drelainageorge.com/ What did we discussed? 1. How Obamacare hurt the doctors and patients with limited competition, bureaucracy and massive regulations. 2. Why Obamacare has designed to fail from the beginning. 3. How more competition and choices will help both the doctors and patients. 4. Thoughts on Rand Paul's plan to replace Obamacare. 5. Does the FDA protect consumer in the name of safety or is it an innovation killer and a barrier to entry?
David Seaman: Mainstream Media Is Destroying Itself
Jason Burack of Wall St for Main St interviewed returning guest, former contributor to Entrepreneur Magazine, Business Insider & Huffington Post turned superstar YouTuber David Seaman https://www.youtube.com/user/davidseamanonline David's Gab.AI page: https://gab.ai/d_seaman David's Twitter: https://twitter.com/davidseamanweb The story of David being fired from the Huffington Post for writing an article about Hillary Clinton's health during the 2016 Presidential election became the top story on Zero Hedge for about 24 hours. http://www.zerohedge.com/news/2016-08-29/huffingon-post-revoked-publishing-access-journalist-after-post-hillarys-healthits-or During this 30+ minute interview, Jason asks David about his rise to stardom on YouTube, why the mainstream media seems to keep doubling down on many of its anti-Trump stores and if Trump is in the process of flipping FBI Director James Comey to start spilling what he knows about the Clinton Foundation and other crimes.
MC Laubscher: Why You Should Build An Online Business
Jason Burack of Wall St for Main St interviewed first time guest, MC Laubscher of Cash Flow Ninja http://cashflowninja.com/ M.C. Laubscher is a wealth strategist, educator, and financial freedom fighter. He is the founder and president of Valhalla Wealth Financial and host of the popular business and investing podcast, Cashflow Ninja. Here's his bio: http://cashflowninja.com/about/ The Cash Flow Ninja podcast averages 35k downloads per month on iTunes and has 100 5 star reviews. MC's podcast has been chosen as one of the top new business podcasts on iTunes. During this interview, Jason starts off by asking MC about his background from South Africa and how he came to the US? MC talks about his journey and why he started the Cash Flow Ninja podcast and why he is invests and sells infinite banking policies. If you wanted to know about the whole life dividend paying insurance policies and how they are great and versatile savings vehicles, MC goes in depth about it. Jason and MC discuss overcoming obstacles and impediments to move forward and why if you are an American you have a unique opportunity to build an online business now.
Christopher Whalen: There Is No Auto Loan Bubble?
Jason Burack of Wall St for Main St interviewed returning guest, investment banker, financial analyst, bond analyst, credit analyst, bank analyst & author, Christopher Whalen http://www.rcwhalen.com/ Chris is considered one of the top bank & credit analysts in the US. Follow Chris on Twitter @rcwhalen https://twitter.com/rcwhalen Chris is also Head of Research at Kroll Bond Rating Agency in New York. https://www.krollbondratings.com/about-us/bios/detail/christopher-whalen Christopher is the author of the 2010 book, Inflated: How Money and Debt Built the American Dream, now in its second edition from John Wiley & Sons. Christopher co-authored a book with veteran securities counsel Frederick Feldkamp in 2014 entitled Financial Stability: Fraud, Confidence & the Wealth of Nations published by John Wiley & Sons. His new book project is entitled Ford Men: From Inspiration to Enterprise, a study of Ford Motor Co and the Ford family that spans the history of 20th Century America, starting with the great inventor in the early 1900s and going through to the present day. Available in Q1 2017. Chris' Amazon page of books he has written: https://www.amazon.com/R.-Christopher-Whalen/e/B004F9DITC/ "The real division is not between conservatives and revolutionaries, but between authoritarians and libertarians." -George Orwell Jason starts off the interview by asking Chris if he thinks the Dodd-Frank bank regulations after the 2008 financial crisis have helped fuel a new commercial real estate bubble like Danielle DiMartino Booth has suggested http://dimartinobooth.com/commercial-real-estate-towers-gold-pillars-salt/. Jason and Chris discuss the European banking crisis, Deutsche Bank and also the history of Ford Motor Company and whether Tesla Motors will succeed and become the top automobile company?
David McAlvany: What is President Donald Trump Inheriting? Will he cut Red Tape for Entrepreneurs?
Jason Burack of Wall St for Main St interviewed returning guest, money manager and CEO of McAlvany Financial http://mcalvany.com/ and the McAlvany Group of Companies, David McAlvany. David also co-hosts the popular McAlvany Weekly Commentary podcast https://mcalvanyweeklycommentary.com/ and he has a new self help/family improvement/personal development book coming out soon called, The Intentional Legacy https://www.amazon.com/Intentional-Le... During this 40+ minute interview, Jason starts off by asking David what type of mess is President Donald Trump inheriting? Jason and David discuss the banking system and the US' debt problems, what damage a strong US Dollar on the Dollar Index can do to the global economy and whether the US Dollar and Gold van buck normal financial correlations and rise together?
Welcome to Dystopia Episode 31: Golden Showers Are Not A Precious Metals Investment
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...
Nomi Prins: Big Banks Already Failing Stress Tests Before Next Major Global Financial Crisis
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.
Erik Townsend: Stronger US Dollar May Require Global Central Bankers to Reset Financial System
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.
2016 Review 2017 Preview: Buckle Your Seatbelts! 2017 Will Be Very Interesting!
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.
Eric Hadik: Market Has The Potential For Large Correction in 2017
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?
Dave Collum: Worse Inflation Coming in 2017?
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.
Welcome to Dystopia Episode 30: Silver Recovers After Huge Yen Decline; Dollar Crisis Ahead?
Jason Burack and Eric Dubin are back for Episode #30 of Welcome to Dystopia. In today's show they discuss: 1) Gold and Silver markets including the news of Deutsche Bank agreeing to settle both the London silver fix manipulation and London gold fix manipulation cases, rising premiums in India and China for physical metal, and how silver rebounded quickly today 2) Whether the 35+ year bond bull market is over? 3) What's this Dollar Shortage people are talking about? 4) Whether Donald Trump being elected means the elites' war on cash/cashless society stops in the US? 5) India's demonetization scheme- is it a test run for a global war on cash and a war on gold? 6) DOW 20k 7) Worsening stagflation coming in the US? To wrap up the show, Jason and Eric discuss the mainstream media's continued efforts to label The News Doctors, Zero Hedge, etc as fake news and part of a sophisticated Russian propaganda scheme.
Nick Giambruno: War on Cash Still Coming to The US- Trump Won't Stop It! Globalism in Retreat?
Jason Burack of Wall St for Main St interviewed returning guest, Senior Editor of International Man http://www.internationalman.com/, Nick Giambruno. Nick's full bio is available here: http://www.internationalman.com/autho... During this 40+ minute interview, Jason asks Nick about his recent article about the Italian referendum vote that appeared on Zero Hedge http://www.internationalman.com/artic... Jason asks Nick if after Brexit, DOnald Trump wining the US election and the "No" vote on the Italian referendum if he thinks globalism is losing battles and is in retreat mode? Nick thinks globalism is indeed in retreat but the globalists won't give up on inflation, controlling politicians and trying to implement a cashless society (for more taxes and control). Jason and Nick discuss central banking, capitalism, inflation and how people can cheaply acquired a 2nd passport.
Danielle DiMartino Booth: The Future of The Federal Reserve Changed on Election Night
Jason Burack of Wall St for Main St interviewed first time guest, former Federal Reserve insider Danielle DiMartino Booth http://dimartinobooth.com/. Danielle worked on Wall St for years and she predicted the 2008 housing crisis in advance. She then left Wall St and wrote a popular financial column for the Dallas Morning News for years as well. Dallas Federal Reserve Bank President, Richard Fisher, read her financial column and loved it and hired Danielle to work for the Dallas Federal Reserve Bank. She spent 9 years as a Senior Financial Analyst with the Federal Reserve Bank of Dallas & Advisor on monetary policy to Dallas Federal Reserve Bank President, Richard Fisher. Danielle left the Federal Reserve in 2015 to start her own consulting and newsletter publishing company, Money Strong. She also has a new book coming out soon called, Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America! Her full bio is here: http://dimartinobooth.com/bio/ To pre-order her new book, Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America, go here: https://www.amazon.com/Fed-Up-Insider... Read her free financial newsletter here: http://dimartinobooth.com/latest-week... During this 30+ minute interview, Jason starts of by first asking Danielle if she thinks the Federal Reserve will be run differently under Donald Trump than if Hillary Clinton had won the 2016 election? Jason also asks Danielle if the Federal Reserve will raise interest rates in December, why the Federal Reserve seems to keep doubling down on monetary policy ideas with broken economic models and about the pension fund crisis all across the US.
Jack Abramoff: Donald Trump Has Potential to Be Best Modern US President- Can He #DrainTheSwamp?
Jason Burack of Wall St for Main St interviewed first time guest, former top lobbyist, author, lawyer and whistle blower, Jack Abramoff http://abramoff.com/. Jack Abramoff's book, Capitol Punishment: The Hard Truth About Washington Corruption From America's Most Notorious Lobbyist https://www.amazon.com/Capitol-Punish... During this 30+ minute interview, Jason starts off by asking Jack about the documentary, The Best Government Money Can Buy, about lobbying and if large corporations get a 100 to 1 return on investment (ROI) or greater when they hire lobbyists in DC? Jason then asks Jack about DC corruption and how difficult it will be for Donald Trump to drain the swamp? Jason asks Jack about if the levels of corruption has increased in the last few decades? Jack says there's been pervasive corruption in DC for a long time but most Americans just didn't notice. Jason and Jack discuss Trump's call with Taiwan, some of Trump's cabinet picks, if Trump will try to copy Ronald Reagan and what efforts can be done to try and clean up the massive amounts of corruption in DC.
Brent Johnson: Gold & Silver Will Continue The Uptrend In 2017
Please check out our sponsor, Grant Stone Shoes for high quality men's dress shoes and boots made with some of the world's best leather! If you like the shoes, enter promo code "gold" for 10% off your order! https://www.grantstoneshoes.com/ Wall St for Main St welcome back Brent Johnson. He is a former Wall Street analyst and founder of Santiago Capital. What did we talk about? 1. We did a review of 2016 and discussed major events that happened in the economy and market such as Brexit, Federal Reserve raising the interest rate, Trump winning the election, stock market making all time highs, Euro banks collapse and precious metals surge. 2. An overview of what to come in 2017 with Trump's pro-growth economic policies, precious metals market, the possibility of the Feds raising rate again and much more.
Craig Hemke (aka Turd Ferguson): Deutsche Bank Silver Fix Manipulation Settlement Tip of the Iceberg
Jason Burack of Wall St for Main St interviewed returning guest, former financial industry veteran, financial commentator and precious metals expert, Craig Hemke aka Turd Ferguson of the popular TF Metals Report website http://www.tfmetalsreport.com/. During this 30+ minute interview, Jason starts off by asking Craig if he thinks the elites, TPTB and the mainstream media will try to get Donald Trump impeached soon after he takes office in January and if the Federal Reserve will intentionally allow a large stock market crash soon after Trump takes office? Craig has a contrarian view that the elites don't want the stock market to crash and that gold went down almost entirely because of the Dollar/Yen trade and how exchange rates have changed. Jason also asks Craig about if he thinks Deutsche Bank got off far too easy settling its Silver Fix Manipulation Case, about what havoc a strengthening Dollar can cause to the global economy and if he's upset his popular website didn't make the Washington Post's "Fake News" list?
Charles Ortel: Pardons Won't Save Clintons From Clinton Foundation Crimes?
Jason Burack of Wall St for Main St welcomed back returning guest, respected former value investor on Wall St and one of the top forensic accountants on Wall St, Charles Ortel http://charlesortel.com/. Charles was warning people about accounting problems in GE, GM and the large Wall St banks well in advance of the 2008 financial crisis and his warnings proved prescient. Charles has been on a long and time consuming crusade for the truth about the Clinton Foundation and exposing the "largest ever charity fraud" in world history in excess of $100 billion. During this 50+ minute interview, Jason starts off by asking Charles about the news today how Donald Trump's former campaign manager, Kellyanne Conway, said that the Trump administration won't pursue additional investigations about the Clinton private email server/Clinton Foundation. Links to stories: 1) http://www.zerohedge.com/news/2016-11... 2) http://www.cnn.com/2016/11/22/politic... Charles thinks Trump is playing poker, doing a rouse or intentionally doing a head fake. Notice how the Trump camp didn't say the FBI, DOJ and IRS have stopped current investigations of the Clinton Foundation? Next, Jason asks if/when Obama and/or Trump pardon Hillary Clinton and Bill Clinton if the pardon will cover all the crimes from the Clinton Foundation? Charles says absolutely not. He says the Clinton Foundation is most likely being investigated by state tax agencies in the US, foreign tax agencies (for setting up unregistered Clinton Foundation subsidiaries) and the Clinton Foundation has so many potential counts of wire fraud, mail fraud and solicitation (more than Corrine Brown received over 300 years in prison for!) that a blanket pardon can't cover everything. Jason also asks Charles about any additional information that came out about the Clinton Foundation when Julian Assange and Wikileaks released the 36 batches of Podesta Emails? It appears that the accounting firm for the Clinton Foundation has acted like Arthur Anderson did in covering up the massive accounting fraud at Enron. 8 Laws HRC could be indicted for breaking: http://dailycaller.com/2015/09/21/eig...
Bobby Casey: Don't Trust Any Politicians! They All Suck! Diversify!
Jason Burack of Wall St for Main St interviewed first time guest, Managing Director of Global Wealth Protection http://www.globalwealthprotection.com/, Bobby Casey. Bobby has traveled to over 70 countries and he's an American expat. Bobby's business is growing nicely and he was interviewed by Jamie Tardy of the popular Eventual Millionaire podcast in 2012: http://eventualmillionaire.com/2012/0... http://eventualmillionaire.com/millio... Download a free report about protecting your privacy in the US: http://www.globalwealthprotection.com... Global IRA: http://globalira.com/ The goal of Bobby's business is to help clients internationalize their business, their wealth and their life. During this 40+ minute interview, Jason starts off by asking Bobby for his perspective on the 2016 Election and the US mainstream media's coverage of the election as an American expat? Bobby tells Jason has has zero faith in any politicians or any political parties. He hates both parties and both candidates and tells listeners they should be highly skeptical of any politician and should instead focus on themselves and improving their own lives. Jason and Bobby discuss the corruption of the US media, Hillary Clinton, the Wikileaks revelations and how George Soros is funding violent paid protests. Jason then asks Bobby about the news stories coming out of India and Australia and where they fit into a narrative for more government control over people's money? Bobby talks about how capital controls are increasing globally and taxes are going up. Jason asks Bobby if he likes Bitcoin and block chain technology? Bobby thinks block chain technology has the potential to drastically reduce the power governments hold over their citizens.
Dr. Mark Thornton: Trump's Supply Side Economic Will Not Save The Economy
Please check out our sponsor, Grant Stone Shoes for high quality men's dress shoes and boots made with some of the world's best leather! If you like the shoes, enter promo code "gold" for 10% off your order! https://www.grantstoneshoes.com/ Wall St for Main St welcomed back Dr. Mark Thornton, he is an Austrian economist and Senior Fellow at the Mises Institute. What did we talk about? 1. What is supply side economic and what does the Austrian school of economic think of it? 2. Discuss Trump's economic policies and if it is enough to revamp the stagnant economy. 3. Why Reaganomics worked well in the 1980s? 4. Will Trump's economic policy cause more inflation? 4. How government subsidies contribute to the Skyscraper Curse? Plus much more!
Welcome to Dystopia Episode 29: Trump Wins! A Victory for Anti-Globalism?
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 #29 of Welcome to Dystopia. Jason and Eric start off the show talking about the gold and silver markets. Eric thinks gold and silver bottomed on Monday. Jason talks about how there's not enough capital available to build a lot of new gold and silver mines to offset depletion from producing mines. This means there will be future supply problems that will be solved with higher prices. Jason and Eric then spend most of the rest of the show talking about the 2016 Presidential Election and how and why Donald Trump won. Jason's exclusive article on why he thinks Hillary Clinton lost the election http://thenewsdoctors.com/the-real-re... Don't miss this show for extensive coverage of Trump's cabinet and his potential economic policy. Jason and Eric also discuss the shameful way in which the mainstream media handled the 2016 Presidential election. Scumbag Nominees: 1) George Soros for paying protestors after the Trump election win (among many other crimes) 2) Hillary Clinton for being a sore loser and blaming Obama and Comey for her election loss 3) The Podesta Brothers and their "spirit cooking" obsession 4) Mainstream media for their one sided PR/propaganda coverage promoting a Hillary Clinton win prior to the election 5) The hypocrites in Hollywood and hypocritical politicians on the left who often have double standards for what they say compared to what they actually do
John Rubino: Nationalism Trumps Globalism? Did the Elites Get Trumped?
Jason Burack of Wall St for Main St welcomed back returning guest, former top Wall St investment analyst, author and owner/writer of the popular Dollar Collapse http://dollarcollapse.com/ website, John Rubino. John's bio is available here: http://dollarcollapse.com/about/ John's 2 most popular books he co-wrote with James Turk are: 1) The Collapse of The Dollar and How to Profit from It 2) The Money Bubble During this 25+ minute election, Jason and John discuss Donald Trump winning the 2016 election over Hillary Clinton and what it means for the US economy, ending corruption in DC and whether Trump can stop or fix anything? Jason and John also discuss whether Trump will fire Federal Reserve Chairwoman, Janet Yellen.
Rick Rule: Current Gold/Silver Prices Not High Enough to Build New Mines
Jason Burack of Wall St for Main St interviewed returning guest, credit analyst, natural resource investor and President and CEO Sprott U.S. Holdings Inc., Rick Rule http://sprottglobal.com/ Rick has over 30 years experience investing in natural resources. Rick's bio is available here: http://sprottglobal.com/our-team/rick... During this 35+ minute interview, Jason started off the interview by asking Rick about his call on BNN in September where he said he's short term bearish and long term bullish on oil. Jason asks Rick what he means by that and if OPEC's behavior is affecting his call and whether he thinks there's a major oil bust coming soon? Rick talks about OPEC's poor track record for getting anything they want done done in the oil market with respect to production quotas and also oil prices. Jason follows up by asking Rick if oil companies are making free cash flow at the current oil price? Rick says many are not. Rick says many oil companies are drastically under-reporting their costs and compares them to primary gold and silver miners. Rick says that many primary gold and silver miners are still significantly under-reporting their all in sustainable costs (AISC) to produce gold and silver. Jason and Rick discuss the gold mining industry and common mistakes retail investors make when buying junior mining stocks. Jason also asks Rick if gold mining companies are making free cash flow at current prices and if new primary gold and silver mines will be built at current prices? Rick talks about the Sprott Gold Miners ETF and the Sprott Junior Gold Miners ETFs. Next, Jason asks Rick about Sprott Inc and how Sprott has partnered with the ICE Exchange in order to try and create a new gold futures contract that will only settle in physical gold. Rick talks about how this new venture also aims to go after large pools of capital (pension funds and institutions) and offer them similar services to Gold Money. To wrap up the interview, Jason asks Rick about the craziness of the Federal Reserve and academic, PhD Keynesian Economists, the 2016 election and when markets like uranium and copper will bottom?
Robert Rapier: Will OPEC Push Oil Prices Back to $60/Barrel?
Jason Burack of Wall St for Main St welcomed back returning guest, oil and energy expert Robert Rapier http://www.energytrendsinsider.com/co... Robert writes multiple paid investing newsletters for oil investors available here: http://www.investingdaily.com/experts... Jason and Robert discuss how many oil producing companies are generating free cash flow at current oil prices, they talk about the supply/demand picture of the oil market, income opportunities for investors in oil and energy, the US' transition to exporting massive amounts of LNG and what effect Donald Trump winning the presidency would have on the US' oil production? Robert's Forbes article from August about E&P Oil Producing Companies with Over $1 billion in annual free cash flow http://www.forbes.com/sites/rrapier/2...
Jim Rickards: SDR (Inflation) Use Will Go Exponential After Next Financial Crisis
Jason Burack of Wall St for Main St interviewed returning guest, best selling author, James Rickards http://www.jamesrickardsproject.com/. Jim's past best selling books include: 1) Currency Wars https://www.amazon.com/Currency-Wars-... 2) The Death of Money https://www.amazon.com/Death-Money-Co... 3) The New Case for Gold https://www.amazon.com/New-Case-Gold-... James' full bio available here: http://www.jamesrickardsproject.com/a... Jim is back on for an interview to discuss his new book, The Road to Ruin: The Global Elites' Secret Plan For The Next Financial Crisis https://www.amazon.com/Road-Ruin-Glob... During this 25+ minute interview, Jason starts off the interview by asking Jim about what happens to markets and the real economy if Donald Trump wins the 2016 Presidential Election coming up on November 8th? James talks about how Donald Trump will most likely end up using Larry Summers' $2 trillion infrastructure plan to create jobs and how that will most likely continue to add to the US' debt problems. Jim talks about how the elites are setting up the SDR and will grow the SDR exponentially in size after the next financial crisis to create a lot more inflation. Next, Jason asks Jim if large currency swaps are part of the plan along with the massive increases in SDR usage to prop up asset prices with inflation? Jim talks about the importance of owning at least some gold and how high gold could go? Jim expects gold to ultimately end up as part of the global financial system to restore confidence. To wrap up the interview, Jason asks Jim what's the endgame goal for the elites? Is it to start WWIII? Is it to make the middle class poor and create a large class of serfs?
Alasdair Macleod: Any Meaningful Interest Rate Increase Could Collapse Global Financial System
Jason Burack of Wall St for Main St interviewed returning guest, head of research at Gold Money https://www.goldmoney.com/, Alasdair Macleod. Alasdair has over 20 years experience working in the financial industry. Alasdair's articles are available here: https://wealth.goldmoney.com/research... Jason asks Alasdair for an update on Brexit and also about the flash crash the British Pound had against the US Dollar where the Pound crashed a record 6% in only 2 minutes! Jason and Alasdair discuss how central banks have kept loading on debt and other assets onto their balance sheets and how much worse the global debt problem is since 2008. Alasdair says a tiny increase in interest rates could collapse the global financial system because of how leveraged it has become. Nothing was learned from the 2008 crisis. Jason also asks Alasdair about the gold market and about how Deutsche Bank is only going to pay a $38 million fine for manipulating the London Silver fix in exchange for providing more evidence against its co-conspirators. To wrap up the interview, Jason and Alasdair discuss the demand side for physical gold.
David Stockman: Donald Trump's Right- Everything Rigged Against US Middle Class
Jason Burack of Wall St for Main St interviewed first time guest, former Budget Director for President Ronald Reagan, David Stockman http://davidstockmanscontracorner.com David has 40 years of experience working his way up the Republican ranks in DC and also 20 years working on Wall Street. David's bio is here: http://davidstockmanscontracorner.com/about... David has also written multiple best selling books including: 1) The Triumph of Politics: Why the Reagan Revolution Failed 2) The Great Deformation: The Corruption of Capitalism in America and he's here to talk about his new book, Trumped! A Nation on the Brink of Ruin... And How to Bring It Back https://www.amazon.com/Trumped... During this 35+ minute interview, Jason starts off the interview by asking David about the real economy on Main St, USA and if there was ever a real recovery on Main St after the 2008 financial crisis? David says there was only a recovery in asset prices and among the people in DC and on Wall St. He says most of Main, St USA is fly over country that the "bi-coastal elites" running the country don't care about. Jason asks David about inflation in food, rent, healthcare (Obamacare) and other daily necessities. Jason asks David if the Federal Reserve will get permission to start buying US stocks and US corporate bonds soon? David thinks Congress will block it for now. Next, Jason asks David about why Bernie Sanders have become so popular? David says both became popular because of economics and because the economy for the average middle class person is rapidly deteriorating. David agrees with Donald Trump about all the systems being rigged but he thinks the election is in the bag for Hillary Clinton and she will become the first female president in US history. Jason asks David about gold and the war on cash before asking him a handful of listener questions to wrap up the interview.
Welcome to Dystopia Episode 28: Thank God Election 2016 Almost Over!
Jason Burack of Wall St for Main St and independent financial journalist and managing editor of The News Doctors, Eric Dubin are back for (a redo) of Episode #28 of Welcome to Dystopia. Please check out the high quality men's dress shoes and boots from our sponsor, Grant Stone Shoes https://www.grantstoneshoes.com/. If you like the shoes, enter promo code "silver" for a 10% discount! Jason and Eric start off this show by discussing the correction in precious metals markets, and what may stop the correction? Next, Jason and Eric talk about the 2nd and 3rd US Presidential debates and how close the race is to the finish line between Donald Trump and Hillary Clinton. Jason and Eric discuss why many college educated Progressives/Democrats are ignoring mountains of evidence from Wikileaks and others about the corruption of Hillary Clinton. Are you glad the election and media circus is almost over? Scumbag Nominees: 1) George Soros- For paying to start race wars and plundering poor and middle class Americans while he pays $$$ to divide and conquer the US among gender, age, class and racial lines. 2) Carrie Tolstedt- former Wells Fargo Bank executive who made over $125 million in salary and bonuses while setting up a culture of pervasive fraud at the bank. Over 5,000 employees participated in the fraud and created 2 million fake accounts to generate higher commissions to meet sales quotas and to get promotions and bonuses. Older people and uneducated people were intentionally targeted as potential victims. 3) CNN or the Clinton News Network for lying and telling regular Americans that it's illegal for them to go to the Wikileaks website and read the Podesta emails. http://www.againstcronycapitalism.org/2016...
Doug Casey: Why Africa Is The Place To Start a Business for Entreprenuers
Please check out our new paid sponsor, Grant Stone Shoes, and enter promo code "gold" for a 10% discount! https://www.grantstoneshoes.com/ Wall St for Main St welcome back Doug Casey! He is an speculator, entrepreneur, libertarian philosopher and co-author of a new novel called Speculator. Be sure to check out Doug's new book on Amazon! https://www.amazon.com/Speculator... What did we talk about? 1. We asked why Doug thought the Greater Depression will be worse that he thought after releasing his article on International Man web site. 2. How the central banks money printing is now a loss cause and putting the millennial in a rough patch to make it on their own in this economic environment. 3. Discussed Deutsche Bank and if the derivative in their books ($46 trillion) is a cause for concern if the bank collapse. 4. Why he thought Gold/silver bottomed in late 2015 and what made him decide to jump back in. 5. We get his thoughts on the election and the Clintons. Doug was classmate with Bill Clinton at Georgetown University. 6. Discussed Doug's new novel called Speculator and why he picked Africa as the setting for this book.
Jerry Robinson: Dow Jones/S&P 500 Are Showing Signs Of Market Top
Please check out the high quality men's dress shoes and boots from our sponsor, Grant Stone Shoes! https://www.grantstoneshoes.com/ If you like the shoes, enter promo code "gold" for a 10% discount! Wall St For Main St welcome back trend trader and economist, Jerry Robinson. He is also the editor of Follow The Money Daily. To find out about Jerry's work, go to http://ftmdaily.com/. What did we talk about? 1. How the tension between the U.S. and Saudi will affect the Petrodollar? 2. Why there has not been any economic shock from the collapse of Deutsche Bank? 3. Technical analysis on the gold/silver market and what lies ahead. 4. Technical analysis on the Dow Jones and SP 500. Are we seeing a top in the market? Plus much more!
Mike Maloney: Nothing Will Stop The Federal Reserve From Buying Stocks w/ New Currency
Jason Burack of Wall St for Main St interviewed first time guest, founder & CEO of respected bullion dealer, Gold Silver https://goldsilver.com/, Mike Maloney. Mike is also the author of, The Guide to Investing in Gold & Silver https://www.amazon.com/Gui...and Mike created the wildly popular, Hidden Secrets of Money video series on YouTube https://www.youtube.com/user/wh... where his YouTube channel has over 30 million views and over 195k subscribers worldwide. During this 30+ minute interview, Jason starts off by asking Mike about what crazy schemes central bankers will try to boost velocity of money? Mike talks about the velocity of money and how it was discussed in his newly released Episode #7 of his popular Hidden Secrets of Money video series. Mike says negative interest rates are one way central bankers are trying to get people to stop saving and to spend more. Mike talks about deflation and how baby boomers are trying to pay down debt and will probably have to sell assets to fund their retirement. Jason then asks Mike about if the Federal Reserve will continue to lobby for permission from Congress to start buying stocks. Mike says there will be basically nothing to stop them from doing so in the future and Mike points to Ben Bernanke's 2002 Helicopter Money speech. Jason and Mike discuss what deflation would mean for asset prices and the global economy and how if oil prices went below $29/barrel to say $10/barrel it would potentially cause war or other major geopolitical problems as well as bankrupting every single oil producer. To wrap up the interview, Jason asks Mike a handful (thanks to the dozens of listeners who submitted questions!) of listener questions. Listener Questions Answered During the Interview: 1) From Eric- Should we be optimistic that gold/silver price manipulation will end soon? 2) Multiple Listeners Asked Mike- Do you own any gold & silver mining shares? 3) From Corey- What do you think is the next world reserve currency? Will it be the SDR? 4) NB- Historically,when a currency hyperinflates there has been a viable alternative for capital to run to. If the US Dollar hyperinflates, what asset has the market depth to accommodate a ~$200 trillion capital inflow?
Phil Kennedy: Biggest Fraud is The Federal Reserve
Jason Burack of Wall St for Main St interviewed returning guest, author of Financial Judo, Phil Kennedy of Kennedy Financial http://www.philipkennedy.com/ Phil's YouTube channel is here: https://www.youtube.com/channel/UCs... Phil and his brother John have a weekly show on their YouTube channel and also make cool videos including this one about Bernie Sanders' new lake house: https://youtu.be/mU-nRB9UB-s Please check out our new paid sponsor, Grant Stone Shoes, and enter promo code "gold" for a 10% discount! https://www.grantstoneshoes.com/ During this 40+ minute interview, Jason starts off by asking Phil about the upcoming US Presidential election and how it was affect the real US economy on Main St? Phil says it doesn't really matter much who wins because the damage has already been done (by the Federal Reserve and others). Jason and Phil talk about many hypocrites in society and also the student loan debt crisis. To wrap up the interview, they talk about gold, silver and precious metals shares.
Jason Stapleton: The Global Banking Crisis Will Sink The Economy Further Down
Go to Grant Stone Shoes web site (www.grantstoneshoes.com) and enter the coupon code "Gold" and get 10% off your purchase! Wall St for Main St welcome Jason Stapleton, who is a currency trader, libertarian podcast host and founder of Trade Empowered. For more information on his podcast, go to www.jasonstapleton.com For more information on his currency trading education company, go to www.tradeempowered.com What did we talk about? 1. We went into Jason's background and discussed how he became a libertarian and a currency trader. As a former U.S. Marine, we also looked at how the U.S. foreign policies has caused more instability in the Middle East and a hotbed for extremism. 2. Jason give advice to people that are hesitant to try currency trading and how they can master it with a good systematic approach. Plus we looked into the current state of the currency market. 3. What will be the outcome for the money printing to keep the banks from going bankrupt in the U.S., Eurozone and in China? 4. The Federal Reserve decision not to raise the rate. If you look at the big picture, it is easy to understand why they can't raise rate. 5. The current state of the Libertarian Party and how they missed their golden opportunity to increase exposure on the idea of liberty and free market.
Dr. Pippa Malmgren: Signals = Central Bankers Desperate For Inflation to Fight Deflation
Jason Burack of Wall St for Main St interviewed returning guest, Dr. Pippa Malmgren http://www.drpmgroup.com/ to talk about her new book, Signals: How Everyday Signs Can Help Us Navigate the World's Turbulent Economy http://www.audible.com/pd/Business... Pippa is the founder of DRPM Group and she is also CEO of a new venture, a drone/unmanned aerial vehicle (UAV) company. Jason starts off the interview by asking Pippa about her book Signals and how she talks at length in the book how Wall Street and the Federal Reserve have an a religious belief in mathematical economic models that are clearly broken. Jason asks Pippa if negative interest rate policy was in her central banking textbook? Pippa talks about how the Federal Reserve and other central banks will continue to come up with crazier and crazier policies in order to get more and more inflation. Jason and Pippa discuss why DC politicians and central bankers believe in intervention and the real world solutions to an improving economy lie in small business and entrepreneurship.
David Morgan: Federal Reserve Is Out of Ammo To Prop Up The Economy
Wall St for Main St welcomed back David Morgan, he is the editor of The Morgan Report and CEO of Lemuria Royalties. For more information on The Morgan Report go to, http://www.themorganreport.com/ For more information on Lemuria Royalties, go to http://lemuriaroyalties.com/ What did we talk about? 1. The possibility that the Federal Reserve will implement negative interest rate. 2. Does the Federal Reserve have anymore tools at their disposal to prop up the economy? 3. Can the Dow Jones hit 20,000 before the end of the year? 4. The state of the capital market for the mining stocks as gold and silver prices are up 30% this year. 5. Are the gold and silver stocks in overbought territory as many stocks are over 200% this year? Plus much more!
David McAlvany: All Markets Are On Monetary Life Support
Jason Burack of Wall St for Main St interviewed returning guest, the CEO of the McAlvany group of companies (http://www.mcalvany.com/ )and the host of the superb McAlvany Weekly Commentary http://mcalvanyweeklycommentary.com/ podcast about investing and the economy, David McAlvany. During this 30+ minute interview, Jason starts off by asking David about the cashless society, war on cash, financial repression and negative interest rate policy that academic PhD Keynesian Economists and central bankers are discussing and implementing. Harvard Economists Larry Summers and Ken Rogoff (who has a new book out called The Curse of Cash http://www.barnesandnoble.com/w/the-curse...) want to eliminate all cash including $10, $20 and $100 bills! Crazy articles like this Bloomberg Op Ed piece are now coming out saying how the free market would support deeply negative interest rates https://www.bloomberg.com/view/articl... David just interviewed Carmen Reinhart for this week's McAlvany Weekly Commentary about this very subject. His interview of Reinhart is over an hour and well worth your time to understand what the academics and political elites have planned for us! http://mcalvanyweeklycommentary.com/c... Jason and David discuss what negative interest rates and trying to eliminate cash means (way less freedom for everyone) and they discuss how desperate governments are now and how they will become more desperate. Jason asks 2 listened questions about China and also about what a global economic reset will look like to wages, prices and mortgages? To wrap up the interview, Jason asks David about why he thinks the rally in gold and silver and precious metal mining shares started in December 2015.
Eric Hadik: Precious Metals Market Taps The Break While Euro Crisis is Near
Wall St for Main St welcomed back Eric Hadik, who is the editor of InsiideTrack. For more information about Eric's work, go to http://www.insiidetrack.com/ Here is the topics discussed in this podcast. 1. What will happen in the gold and silver market for the rest of the 2016 after the run up that lasted into early July. 2. The Euro and British Pound will soon drop off as the banking crisis and Brexit disrupt the economy in Europe and the U.K. 3. How negative interest rate will affect the bond market. Are we close to seeing a bottom in the interest rate? 4. The crude oil prices dropping again in 2016 is possible. We could see all time lows in crude oil prices.
Welcome to Dystopia Episode 27: Broken Economy, Healthcare & Media
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 #27 of Welcome to Dystopia. to start the show, Jason and Eric discuss the latest jobs numbers and how that applies to reality. Eric thinks the market shook off the numbers and started to put a bottom in for gold, silver and mining shares after the jobs report was released. Jason and Eric discuss how the short correction in gold and silver may be over. Jason and Eric discuss how broken models and bad academic theories are making the real economy way worse! Jason and Eric name a bunch of current events and examples from academic Keynesian economists and members of the Federal Reserve desperate to tinker with the economy further for dire consequences for people on Main St. The long-heralded The Curse of Cash by prominent Harvard professor and former IMF chief economist Ken Rogoff is now in bookstores. This proto-fascist screed argues for the elimination of all $100, $20, and even $10 bills so that criminals will have a more difficult time doing business and all ordinary citizens would eventually have to use electronic cards to may all payments, transfers, etc. and so that central banks will be able more effectively to carry on their various schemes of ZIRP, NIRP, etc. http://www.ronpaullibertyreport.com/archives... Jason says the global economy is one giant economic minefield where some mines are visible for people to see the dangers and some mines are slightly below the surface and people can't see. Jason and Eric discuss the broken economy, the broken healthcare system, the broken (corrupt) mainstream media and broken academic theories and models during this longer than usual show. Scumbag Nominees: 1) Huffington Post for firing David Seaman for writing an article about the health of Hillary Clinton 2) The USDA for agreeing to buy 11 million lbs of cheese for $20 million to prop up dairy prices for subsidized US dairy farmers 3) Mylan CEO for the EpiPen Controversy & the FDA for blocking quality generic drugs http://www.zerohedge.com/news/2016-08-25... 4) Gary Johnson- http://www.ronpaulinstitute.org/archives... Jason and Eric conclude the show discussing Hillary Clinton.
Jim Willie: QE & Negative Interest Rates (NIRP) Destroyed Sovereign Bond Markets!
Jason Burack of Wall St for Main St interviewed returning guest, editor of The Hat Trick Letter at Golden Jackass http://goldenjackass.com/, Jim Willie. Infowars offering a Hillary for Prison T Shirt for only $10 (at cost)! http://www.infowarsstore.com/hillary-for-prison... Jason asks Jim a number of questions about the global economy, SDR bonds, the upcoming global economic reset, gold and Hillary Clinton including: 1) Why do you think the US Dollar, US Treasury market and global economy are headed for a major crisis in the next 2-3 months? 2) Why do you think China is pushing for a SDR backed bond? Is it because the RMB is about to go into the SDR basket? 3) It seems like Europe is in the middle of a widespread banking system crisis over there. Do you think Deutsche Bank will be nationalized soon and what about the other European banks? Who will bail them out? 4) Jacob Rothschild recently came out in public and said he is very bullish on gold and he's been adding more because of negative interest rates. Why do you think so many billionaires all over the globe are coming out and going on the record warning about the next looming financial crisis, getting out of stocks and bonds and buying gold? 5) Why do you think central banks like the Swiss National Bank and Norway's central bank are loading up on gold and silver stocks? 6) What's the next global economic system going to look like after the reset? 7) Will you be purchasing a Hillary for Prison T Shirt before the November election? (Feel free to go off on a rant about Hillary)http://www.infowarsstore.com/ hillary-for-prison-ver-3.html Jim Willie says many countries are looking into going back to gold backed currencies (not just China) and he says the Federal Reserve may be spending $20-50 trillion per month in bailouts for banks already!
Louis Cammarosano (Smaulgld): Gold & Silver Mining Shares Mania is Coming
Jason Burack of Wall St for Main St interviewed returning guest, gold and silver expert, former Wall St lawyer and former Silicon Valley executive, Louis Cammarosano of Smaulgld https://smaulgld.com/ Louis' bio can be found here: https://smaulgld.com/about During this 40+ minute interview, Jason starts off by asking Louis about his views on why the Federal Reserve monitors the Dollar Index so closely? Louis talks about how the Federal Reserve has been able to keep the Dollar Index strong despite doing QE programs with a lot of careful comments put out in public. Louis thinks the Federal Reserve will only announce its next QE programs if the Dollar Index isn't falling. Jason and Louis then discuss the global economy and the liquidity injections from a number of central banks. Next, Jason asks Louis why he thinks there was a paper bear market in gold and silver from 2011 until the end of 2015? Louis talks about how the East bought massive amounts of physical gold while the paper price continued to fall. Jason asks Louis about negative interest rates playing a major part in the rally for gold and silver and mining shares? Louis thinks there will be a long mania in gold and silver mining shares going forward. Jason asks if the miners problems with raising capital and potentially shutting down mines ended the bear market in 2015? Louis doesn't think we are at gold or silver prices where a low of new gold and silver mines will be built and he thinks miners are in a real sweet spot as far as their margins go unless oil prices rise substantially, the miners can't control costs or bring on higher cost production and let their margins slip away or governments increase taxes on miner. Jason and Louis think miners could have excellent margins for a number of years now unless those things happen. To wrap up the interview, Jason asks Louis about Alan Greenspan's positive comments on gold and his warnings about how much inflation is already in asset markets and the US' economy. Jason and Louis also discuss what can end a gold and silver bull market?
Jeff Brown: China Will Never Report Their Real Holdings of Gold
Wall St for Main St welcome back Jeff Brown, who is the Author of China Rising and he is also an analyst and journalist. You can buy Jeff's book at http://chinarising.puntopress.com/ or at Amazon. In this podcast, we looked at the Chinese economy in the aftermath of the stock market collapse last year and how the credit expansion affected the economy. We also examine the U.S. government and mainstream media criticism of China currency manipulation when the U.S. is doing the exact same thing. Hypocrite! Finally, we look at the current state of the gold and silver demand in China and why Jeff thinks China will never report their real holdings of gold and silver in the vault.
Charles Ortel: Clinton Foundation & Crooked Hillary in More Trouble
Jason Burack of Wall St for Main St interviewed returning guest, successful value investor, accounting expert and Clinton Foundation investigator, Charles Ortel http://charlesortel.com/ Charles wanted to come back in after his last interview 2 months ago and give listeners an update on his Clinton Foundation investigation and also discuss this article about how the FBI may have a mutiny go investigate the Clinton Foundation http://www.zerohedge.com/news/2016-08-12... Jason and Charles discuss how come Corrine Brown is facing over 300 years in prison for setting up a fake charity and stealing $800k with charges of wire fraud, mail fraud and solicitation while Hillary Clinton is protected by the DOJ. Listen as Charles talks about how the Clinton Foundation may now be investigated by many US states, the IRS and foreign governments.
Welcome to Dystopia Episode 26: US Election = Reality TV Circus Maximus
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 #26 of Welcome to Dystopia. Jason and Eric start the show by talking about the correction in gold and silver prices and how well gold and silver shares are holding up. Many gold and silver shares are actually higher lately despite the fall in gold and silver paper prices. Next, Jason and Eric start discussing the 2016 presidential election a lot because things are in the final stretch as we are only a few months away from the November election. Jason asks Eric if he has ever seen the establishment go after a candidate like they have Donald Trump? Jason and Eric discuss how the establishment is targeting Trump to help Hillary Clinton win the election and how the mainstream polls saying Hillary has a double digit lead are most likely manipulated/rigged. http://www.zerohedge.com/news/2016-07-30... Next, Jason and Eric discuss how government economic data and formulas like GDP and workers wages are being manipulated to try and hide the rot of the real economy. Jason and Eric discuss the aanecdotal evidence that the real economy in the US is getting much worse. Jason, then asks Eric about the European banking stress tests and the problems with Deutsche Bank http://www.zerohedge.com/news/2016-08-10... Jason and Eric discuss how much liquidity is being pumped into asset markets and the global economy by central banks and how trillions in global infrastructure projects may be next. Jason talks about some of the problems at the Rio Olympics http://www.zerohedge.com/news/2016-08-10... and also how Congress wants a large amount of money spent on R&D for the Zika Virus. Is a Zika stimulus spending program in the works? Scumbag Nominees: 1) Hillary Clinton lapdog George Stephanopolis for attacking the credibility of the Clinton Cash documentary 2) Bernie Sanders, champion of the poor, buys a $600k beach front house when his net worth was around those levels only a few years ago 3) Congresswoman Judy Chu for what looks like becoming a multi millionaire very quickly (while inside Congress) doing day trading (possible insider stock trading) http://www.zerohedge.com/news/2016-08-02..
Raoul Pal: US Dollar Shortage Causing Many Problems For Global Economy?
Jason Burack of Wall St for Main St interviewed first time guest, former hedge fund manager, global macro newsletter writer and Co-Founder & CEO of Real Vision TV https://realvisiontv.com/, Raoul Pal. Raoul is the former Co-manager of the hedge fund GLG Global Macro Fund which he managed for years after working on Wall Street and in the financial industry for years as well. He retired from the financial industry at age 36 and started writing a paid newsletter called, The Global Macro Investor http://www.globalmacroinvestor.com/About.asp Raoul became upset with the lack of honest, in depth coverage of what's really going on in markets and the global economy by the mainstream financial media so he and co-founder, Grant Williams decided to start Real Vision TV where they traveled around the world interviewing top guests like Kyle Bass, Jim Rogers and Hugh Hendry at length for their insights on the global economy. During this 30+ minute interview, Jason starts off by asking Raoul the consequences of a strong US Dollar for the global economy? Raoul talks about how according to the Bank of International Settlements (BIS) there's over $10 trillion in outstanding US Dollar denominated loans and how there's not enough money to pay those loans back. Jason and Raoul discuss how lower oil and base metal commodity prices helped exacerbate falling currencies in countries like Brazil and Russia.
Dave Kranzler: Helicopter Money Coming Soon...Everywhere?!
Jason Burack of Wall St for Main St interviewed returning guest, former Wall St bond trader, gold fund manager, paid newsletter writer http://www.investmentresearchdynamics.com and the co-host of the Shadow of Truth podcast, Dave Kranzler. Dave writes the Short Seller's Journal paid newsletter and also a paid newsletter with gold and silver juniors. Jason and Dave have an hour+ long discussion covering many topics including: 1) Hillary Clinton's hypocrisy/corruption and her latest speech in Omaha where she promises to increase taxes heavily on the US middle class (with the audience cheering it!) https://www.conservativeoutfitters.com... Jason then asks Dave about the global economy. Jason asks Dave why is the Bank of England suddenly doing a massive new liquidity/QE injection of $100 billion British Pounds immediately for UK banks and then promised to buy $70 billion per month in bonds? Jason and Dave discuss what will stop these suicidal central bankers from continuing to inject trillions in new liquidity into the global economy per year. To wrap up the interview/discussion, Jason asks Dave about shorting stocks and also about the bull market restart in gold, silver and precious metal companies. Dave also shares his experiences using Bitgold/Gold Money.
Thomas DiLorenzo: USSA? Socialism is Pervasive in the US?
Jason Burack of Wall St for Main St interviewed first time guest, author, Austrian School Economist https://mises.org/profile/thomas... and professor of economics at Loyola University Maryland, Thomas DiLorenzo about his new book, The Problem with Socialism. Thomas' bio: https://en.wikipedia.org/wiki/Thomas_DiLorenzo Thomas' newest book, The Problem With Socialism is available here: https://www.amazon.com/Problem-Socialism... Article previewing Thomas' newest book, The Problem with Socialism: https://www.lewrockwell.com/2016/07... During this 30+ minute interview, Jason starts off by asking Tom his definition of socialism. Tom talks about how FA Hayek and Mises adapted their definitions of socialism from the textbook definition of owning the means of production to redistribution of wealth and a progressively higher income tax. Jason, then asks Tom, in his opinion, how pervasive is socialism in the US? Thomas says it's widespread. Jason asks Thomas if central banking is socialist? Thomas says is it was in the communist manifesto. Jason and Thomas discuss Democratic socialist countries like: Germany, Canada and Scandinavian countries and how well they are doing economically. Jason also asks Thomas if millennials are brainwashed to believe in socialism and about Venezuela, whether Keynes was a socialist and also the Marx labor theory of value.
Ronald Stoeferle: Gold & Gold Stocks Being Bought on All Dips By Big Money
Jason Burack of Wall St for Main St interviewed returning guest, Managing Director of Incrementum AG http://www.incrementum.li/en/, investor, money manager and author of the annual, In Gold We Trust report (which is now in its 10th year), Ronald Stoeferle. Jason starts off the interview by asking Ronnie why he thinks gold and gold stocks have rallied so strongly since December? Ronnie talks about negative interest rates and how there's now inflationary expectations increasing in many countries around the globe. Jason and Ronald discuss the global economy and the havoc central bankers are doing. Jason and Ronnie talk about how central bankers are doing more crazy policy decisions that the Austrian School of Economics says leads to further disaster. Next, Jason asks Ronnie since he lives and works in Lichtenstein if he has visited large Swiss gold refiners to inquire about their problems of sourcing physical gold in large tonnage orders? Ronnie says he had indeed visited large Swiss gold refiners recently and the problems sourcing larger orders of physical gold to refine are indeed real. To wrap up the interview, Jason and Ronnie discuss how to diversify your physical gold and gold stock holdings and how to research gold stocks to avoid common pitfalls or red flags.
Welcome to Dystopia Episode 25: Global Economic Erectile Dysfunction!
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! Scumbag Nominees: 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.
Fabian Calvo: Indebted Students Will Get A Mortgage To Fuel Housing Bubble
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.
Chris Martenson: Confidence in Many Complex Systems Collapsing
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?
Catherine Austin Fitts: Why Privacy is Over & Taxes Set to Increase
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.
Jim Puplava: Stocks Won't Crash? Negative Interest Rates Very Good for Gold & Gold Stocks
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.
David Jensen: LBMA Running Out of Physical Gold & Silver?
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.
WTD- 24: No Way Around European Banking System Bailout
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! Scumbag Nominees: 1) Hillary Clinton for getting off the FBI charging her http://www.nmws.us/fbi-insider-leaks... http://www.infowars.com/fbi-source... 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...
John Pollock: Entrepreneurs Can Cut Their Tax Bill With Ease
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
Nolan Watson: Silver to $30 Soon? Gold & Silver Going Higher on Global Economic Problems
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.
Jeff Berwick: Massive, Terminal Global Currency Devaluation/Debt Jubilee Coming Soon?
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.
Adam B Levine: Ethereum Has Long Way To Go To Becoming A Dominant Cryptocurrency
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.
Jay Taylor: Malinvestment Everywhere! Junior Gold Stocks to Outperform Everything Else?
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!
Christopher Casey: What Happens To Markets After Brexit?
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?
Wealth Watchman: Financial Warfare Post Brexit/China Refocusing From Gold to Silver?
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.
Kevin Duffy: Shorting Ideas Preparing For All Bubbles To Burst
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: 1) http://thecrux.com/heres-what-jim-chanos... 2) http://www.barrons.com/articles/is-stock-shorting... 3) http://www.gurufocus.com/ListGuru.php... 4) https://25iq.com/2016/01/09/a-dozen-things... 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.
Eric Hadik: Look For A Surge In Precious Metals Prices In Late 2016
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!
Welcome to Dystopia Episode 23: BREXIT: PTB Will Rig Vote For "Remain" But People Waking Up
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... Scumbag Nominees: 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... https://www.yahoo.com/news/europes-robots... 5) Scumbag Remover Dr. Kelli Ward going after Senator John McCain: http://thenewsdoctors.com/senator-john-mccain...
Helen Davis Chaitman: JP Morgan Knew About Bernie Madoff Ponzi Scheme From Beginning?
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!
Dan Joseph: China's Exploding Debt Is Getting Out of Hand
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!
Jim Willie: Silver Byproduct Supply Problems Could Mean 5 Fold Gains in Silver?
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?
Fabian Calvo: The Market Has The Same Look As Before The 2008 Collapse
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!
Kevin Duffy: Historically Unprecedented Global Bond Bubble Still Growing
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.
Welcome to Dystopia Episode 22: Dollar's Turn To Decline Furthers Stagflation, Commodities Bull
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: http://thenewsdoctors.com/?p=686691
Dave Skarica: A New Commodities Bubble is Starting?
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.
Josh Crumb: Bitgold Approaching 1 Million Users Quickly
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: 1) http://www.pymnts.com/news/b2b... 2) http://www.financialpost.com/m/wp/blog... 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!
Charles Ortel: Clinton Foundation Largest Charity Fraud Ever Attempted
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.
David Seaman: Crypto Currencies Like Bitcoin/Ethereum & Bitgold Can Change The World?
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?
James O'Shaughnessy: Long Duration Bond Holders In Trouble if Federal Reserve Raises Interest Rates
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?
Welcome to Dystopia Episode 21: Hocus Pocus! Currency, Bond & Interest Rate Magic!
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. Scumbag Nominees: 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
Louis James: Precious Metals Market Is In A New Phase
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!
Jordan Roy Byrne: You May Have Missed The Buying Opportunity of a Lifetime in Gold Stocks
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.
Bill Holter: The Perfect Storm For Silver Is Here
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 (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.
Mish Shedlock: Central Bankers Don't Know What They're Doing!
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.
Welcome to Dystopia Episode 20: Federal Reserve Serves Main St? WTF? Propaganda Clownshow!
Jason Burack of Wall St for Main St and managing editor of The News Doctors http://thenewsdoctors.com/ and independent financial journalist, Eric Dubin are back for Episode #20 of their Welcome to Dystopia podcast show. To start off the episode, Jason asks Eric what's been going on in the gold and silver markets the last week and about the most recent jobs report. Eric talks about the massive amount of new short contracts the commercials (bullion banks) are issuing and how phony the jobs numbers truly are. Jason then asks Eric why the stock market hasn't crashed yet? Jason and Eric discuss inflation that's still in asset prices and in the global economy. Jason and Eric discuss whether communism, socialism or fascism have infected the US for 100 years. Jason says the communists and socialists don't care about owning the means of production as long as they can tax everything more every year and also create inflation to help redistribute wealth. Jason and Eric also discuss the current news on the upcoming 2016 presidential election. Scumbag Nominees: 1) Deutsche Bank- They told their clients Italian government bonds were safe in 2011 while their firm dumped 90% of the bonds they own! Silly muppets! http://mobile.reuters.com/article/idUSKCN0XX0J5 2) Charles Ortel reveals more crimes/fraud/theft at the Clinton Foundation: http://www.zerohedge.com/news/2016-05-06/wall-street-analyst-exposes-clinton-foundation-charity-fraud And finally 3) Former Goldman Sachs alumni and current Minneapolis Federal Reserve President, Neil Kashkari, says Fed's Job Is To "Serve Main Street" (LOL!!!!!!!!!!) http://www.zerohedge.com/news/2016-05-09/fed-president-says-feds-job-serve-main-street
May 2016: Reviewing Our January 2016 Report
Jason Burack and Mo Dawoud of Wall St for Main St did a review of how 2016 is playing out and how accurate their report they released in January 2016 is. Jason and Mo discuss value investing, investing in resource stocks and also what's really going on in the global economy. If you would like to donate fiat, Bitcoin or Bitgold please go to our website!
Erik Townsend: What We Have Now Isn't Capitalism
Jason Burack of Wall St for Main St had on first time guest, Erik Townsend. Erik is a former software entrepreneur who is now a hedge fund manager. He also hosts the new Macro Voices podcast http://www.macrovoices.com/ Listeners may also remember Erik from the past being on both the Peak Prosperity podcasts with Chris Martenson and also the Financial Sense Newshour with Jim Puplava. During this 40+ minute interview, Jason starts off the interview by asking Erik about his background. Erik talks about how he built a successful technology company and then sold it before the technology bubble popped. Erik then, unfortunately, lost a lot of his money after trusting Wall Street with his money. He then started to learn about investing on his own and how to manage his money himself. Jason and Eric talk about some of the problems with Wall St and the hedge fund industry. Next, Jason asks Erik if he thinks central banks are trapped? Erik thinks all the major central banks like the US, Japan, ECB, etc are trapped but predicting the timing of any collapse or market crash is almost impossible. He cautions people to avoid making big bets on the stock market crashing in the short term. Jason then asks Erik about what financial repression is and how people can protect themselves from it? Erik gives an excellent explanation of financial repression and how savers and investors, who have tried to do the right thing financially in their lives, are being penalized. Jason and Erik discuss how negative interest rates and a cashless society are following financial repression. Jason then asks Erik about the shale oil boom and what that has done to his peak oil thesis? Erik talks about how easy money and credit from the Federal Reserve allowed any oil driller with a pulse to get $$ to drill uneconomic oil wells. Erik expects oil to go lower again to the low to mid 30s before putting in a full bottom and he thinks there will be excellent investing opportunities for value investors if that does happen. Jason then asks Erik why he thinks the stock market hasn't crashed yet? Erik thinks lots of money are coming into the US because they think the US Dollar will remain stronger than other fiat currencies. After this, Jason asks Erik about robots and automation and how entrepreneurs and younger adults will have to adapt to finding new jobs or creating new businesses in the economy. Erik says how crony capitalism is making things exponentially more difficult for the economy to create more jobs. Finally, to wrap up the interview, Jason asks Erik which countries or markets does he see value? Erik is looking for another correction in oil but thinks there will be excellent buying opportunities for investors if that does happen.
John Rubino: Does The Federal Reserve Know What They Are Doing?
Wall St for Main St welcomed back John Rubino, who is the editor of The Dollar Collapse and co-author of The Money Bubble. In this podcast, we discussed the feds next move as the economy continues to struggle. Does the feds know what they are doing or are they clueless? Also, we discussed the best way to invest in the gold and silver market and how technology has been easier for people to move money outside the banking system. Finally, we touched on Obama's recent press conference on the state of the economy. He is pushing to raise minimum wage in effort to stimulate the economy. This is called the Keynesian multiplier effect and guess what.....it doesn't work! Otherwise, the government stimulus programs should have dug us out of this recession. Plus much more!
Dr. Mark Thornton: We Are A "Santa Claus" State
Wall St for Main St welcome back Dr. Mark Thornton, who is a Senior Fellow at the Mises Institute. In this podcast, we discussed the rise of socialism in the U.S. and why it has become a popular ideology among the young voters in this election. We also discussed why capitalism has become less popular and what we can do to show the benefits of free market capitalism. In the next part of our podcast, we discussed the federal reserve decision not to raise the interest rate. Can the Feds raise rates without the economy falling apart? Finally, we talked about the ongoing war on drug and why the government is on the losing side of the war.
Welcome to Dystopia Episode 19, Part 2. Featuring Bill Murphy: GATA Vindicated BUT Deutsche Bank a Limited Hangout
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) <a class="yt-uix-sessionlink" href= "http://www.gata.org/" target="_blank" rel="nofollow" data-sessionlink="ei=nmIhV7iPBcKwqQX68oWQBw" data-url= "http://www.gata.org/">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) <a class="yt-uix-sessionlink" href= "http://dailysignal.com/2015/09/30/california-labor-union-that-fought-for-15-minimum-wage-now-wants-an-exemption/" target="_blank" rel="nofollow" data-sessionlink= "ei=nmIhV7iPBcKwqQX68oWQBw" data-url= "http://dailysignal.com/2015/09/30/california-labor-union-that-fought-for-15-minimum-wage-now-wants-an-exemption/"> http://dailysignal.com/2015/09/30/cal... 3) Bernie Sanders and his lawyers for sending a "cease and desist letter"<a class="yt-uix-sessionlink" href= "https://www.buzzfeed.com/maryanngeorgantopoulos/sanders-lawyers-do-not-like-these-bernie-is-my-comrade-t-shi" target="_blank" rel="nofollow" data-sessionlink= "ei=nmIhV7iPBcKwqQX68oWQBw" data-url= "https://www.buzzfeed.com/maryanngeorgantopoulos/sanders-lawyers-do-not-like-these-bernie-is-my-comrade-t-shi">https://www.buzzfeed.com/maryanngeorg... to the seller of "Bernie is my Comrade" t shirts<a class= "yt-uix-sessionlink" href= "http://libertymaniacs.com/products/bernie-sanders-is-my-comrade-tees?variant=8135002753" target="_blank" rel="nofollow" data-sessionlink= "ei=nmIhV7iPBcKwqQX68oWQBw" data-url= "http://libertymaniacs.com/products/bernie-sanders-is-my-comrade-tees?variant=8135002753">http://libertymaniacs.com/products/be...
Welcome to Dystopia Episode 19, Part 1. Featuring Bill Murphy: GATA Vindicated BUT Deutsche Bank a Limited Hangout
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) <a class="yt-uix-sessionlink" href= "http://www.gata.org/" target="_blank" rel="nofollow" data-sessionlink="ei=-mAhV4jYLMaPqwXqupCgBw" data-url= "http://www.gata.org/">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) <a class="yt-uix-sessionlink" href= "http://dailysignal.com/2015/09/30/california-labor-union-that-fought-for-15-minimum-wage-now-wants-an-exemption/" target="_blank" rel="nofollow" data-sessionlink= "ei=-mAhV4jYLMaPqwXqupCgBw" data-url= "http://dailysignal.com/2015/09/30/california-labor-union-that-fought-for-15-minimum-wage-now-wants-an-exemption/"> http://dailysignal.com/2015/09/30/cal... 3) Bernie Sanders and his lawyers for sending a "cease and desist letter"<a class="yt-uix-sessionlink" href= "https://www.buzzfeed.com/maryanngeorgantopoulos/sanders-lawyers-do-not-like-these-bernie-is-my-comrade-t-shi" target="_blank" rel="nofollow" data-sessionlink= "ei=-mAhV4jYLMaPqwXqupCgBw" data-url= "https://www.buzzfeed.com/maryanngeorgantopoulos/sanders-lawyers-do-not-like-these-bernie-is-my-comrade-t-shi">https://www.buzzfeed.com/maryanngeorg... to the seller of "Bernie is my Comrade" t shirts<a class= "yt-uix-sessionlink" href= "http://libertymaniacs.com/products/bernie-sanders-is-my-comrade-tees?variant=8135002753" target="_blank" rel="nofollow" data-sessionlink= "ei=-mAhV4jYLMaPqwXqupCgBw" data-url= "http://libertymaniacs.com/products/bernie-sanders-is-my-comrade-tees?variant=8135002753">http://libertymaniacs.com/products/be...
Welcome to Dystopia Episode 18: Forget Panama Papers, Sprott Scarfing Down More Silver!
Jason Burack of Wall St for Main St and managing editor of The News Doctors<a class="yt-uix-sessionlink" href= "http://thenewsdoctors.com/" target="_blank" rel="nofollow" data-url="http://thenewsdoctors.com/" data-sessionlink= "ei=K2AhV-iiNtTuqgX6mLvQCg">http://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! <a class="yt-uix-sessionlink" href= "https://finance.yahoo.com/news/sprott-physical-silver-trust-prices-130917067.html" target="_blank" rel="nofollow" data-url= "https://finance.yahoo.com/news/sprott-physical-silver-trust-prices-130917067.html" data-sessionlink= "ei=K2AhV-iiNtTuqgX6mLvQCg">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: <a class="yt-uix-sessionlink" href= "http://thenewsdoctors.com/panama-papers-hybrid-war-from-palmyra-to-panama-pepe-escobar/" target="_blank" rel="nofollow" data-url= "http://thenewsdoctors.com/panama-papers-hybrid-war-from-palmyra-to-panama-pepe-escobar/" data-sessionlink= "ei=K2AhV-iiNtTuqgX6mLvQCg">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.
David Morgan: Sprott Silver Purchase Perfect Timing?
Jason Burack of Wall St for Main St interviewed returning guest, the silver guru, David Morgan of The Morgan Report <a class= "yt-uix-sessionlink" href="http://www.themorganreport.com/" target= "_blank" rel="nofollow" data-sessionlink= "ei=nV4hV5uLE8bKqAXj2ZiwDA" data-url= "http://www.themorganreport.com/">http://www.themorganreport.com/. TheMorganReport.com [Get the Free Report 'Riches in Resources'] David has decades of market experience working in the financial industry and investing and trading markets. David has also written 2 books about silver, the Skinny on Silver and his new book, Silver Manifesto. David is also the CEO of a new precious metals royalty and streaming company, Lemuria Royalty. Purchase the Silver Manifesto here: <a class="yt-uix-sessionlink" href= "http://www.amazon.com/Silver-Manifesto-David-Morgan-ebook/dp/B013Q0UHL2/" target="_blank" rel="nofollow" data-sessionlink= "ei=nV4hV5uLE8bKqAXj2ZiwDA" data-url= "http://www.amazon.com/Silver-Manifesto-David-Morgan-ebook/dp/B013Q0UHL2/"> http://www.amazon.com/Silver-Manifest... <a class="yt-uix-sessionlink" href= "http://www.audible.com/pd/Business/The-Silver-Manifesto-Audiobook/B015NL1TB4" target="_blank" rel="nofollow" data-sessionlink= "ei=nV4hV5uLE8bKqAXj2ZiwDA" data-url= "http://www.audible.com/pd/Business/The-Silver-Manifesto-Audiobook/B015NL1TB4"> http://www.audible.com/pd/Business/Th... During this 35+ minute interview, Jason asks David about the recent announcement from the Sprott Physical Silver Trust (PSLV) that they are buying approximately 5 million oz of physical silver to add to the trust. Jason asks David if the timing of the announcement was perfect to counter the negative commitment of traders (COT) reports on gold and silver? David thinks Sprott timed this purchase perfectly. Jason asks David how difficult it is to source 5 million oz of physical silver? David talks about the physical silver market and how the silver market is decided at the margin. Jason and David also discuss the additional silver purchases PSLV can make in the future? Next, Jason asks David about the BREAKING NEWS in the precious metals space about Deutsche Bank admitting it manipulated gold and silver markets, paying a settlement, cooperating and handing over evidence and also helping implicate other conspirators (big bullion banks) who helped manipulate gold and silver. Story here: <a class="yt-uix-sessionlink" href= "http://www.zerohedge.com/news/2016-04-14/first-silver-now-gold-deutsche-bank-admits-it-also-rigged-gold-prices-legal-settleme" target="_blank" rel="nofollow" data-sessionlink= "ei=nV4hV5uLE8bKqAXj2ZiwDA" data-url= "http://www.zerohedge.com/news/2016-04-14/first-silver-now-gold-deutsche-bank-admits-it-also-rigged-gold-prices-legal-settleme"> http://www.zerohedge.com/news/2016-04... David and Jason confirm this is the story Rob Kirby was hinting at for months. (Jason also emailed Rob Kirby before the interview to confirm this was the story he was hinting at). David thinks this story may open up Pandora's box as more evidence in the form of years worth of emails, instant messages and other forms of communication is handed over by DB to help implicate other banks. Jason then asks David about the Soc Gen report saying silver supply will decrease by 9% in 2016 and by 13% in 2017 and if he thinks that research is accurate? David says he thinks it's pretty accurate but he and Chris Marchese will look at it more closely in a future edition of their paid monthly newsletter, The Morgan Report. To wrap up the interview, Jason and David talk abou
Carol Roth: Entrepreneurship Is Not For Everyone
Wall St For Main St welcome Carol Roth, who is an entrepreneur, small business advocate, New York Times best selling author and radio host. She is also a judge on TBS America's Greatest Makers which had their season premiere last week.Go to her web site at www.carolroth.com to find out more about her work! In this podcast, we looked at how small business owners and entrepreneurs has fared since the 2008 financial crisis. Small business is the backbone of the economy and many argued that it has not picked up since the recovery. We also discussed why the 2016 presidential candidates do not give enough attention to the small business owners. Instead, they are giving them a hard time with regulations and taxes.Finally, Carol will share her insight to why entrepreneurship is not as glamorous as people think it is and not everyone should become one. But just in case you do decide to become an entrepreneur, she will also tell us her advice. Plus much more!
Dr. Marc Faber: Federal Reserve Won't Stop Printing Money
Jason Burack of Wall St for Main St interviewed returning guest, editor & publisher of the Gloom Boom Doom Report http://www.gloomboomdoom.com/, Dr. Marc Faber. Marc has decades of experience investing in global financial markets and he has wrote the book, Tomorrow's Gold- Asia's Age of Discovery. During this 30+ minute interview, Jason opens the interview by asking Marc about how he thinks China will deal with the massive debt problems its state owned banks and municipalities have? Marc jokes about Jason asking the Chinese government instead of him. Jason then asks Marc about what Kyle Bass is saying about China. Marc says the US mainstream financial media and Federal Reserve are talking about how bad things are in China and Europe to deflect attention from the US' debt problems. Next, Jason asks Marc how much global central banks are coordinating their policies and doing market manipulations and market manipulations together? Marc says he thinks there's no such thing as currency wars and that the US, UK, Japan and the ECB all coordinate monetary and interest rate policy together so they can take turns doing QE and devaluing their currencies. Marc and Jason discuss where negative i9nterest rate policy or NIRP fits into the equation. Jason asks Marc about the recent bear market rally in oil and base metals. Marc thinks the rally will sputter out soon and oil will go back down in the near future. Marc also gives his thoughts on the 2016 US presidential elections. Jason also asks Marc about gold, gold stocks, bad government economic data and where he sees value in markets so don't miss listening this great interview!
Jim Willie: More US Vote Rigging Coming as US Debt Problem Looms
Jason Burack of Wall St for Main St interviewed returning guest, editor of the Hat Trick Letter at http://www.goldenjackass.com/, Jim Willie. During this hour+ interview, Jason asks Jim 6 important questions about the global economy and the upcoming US presidential election. Here's the questions Jason asked Jim: 1) Do you think many central banks are colluding and coordinating behind the scenes to manipulate markets, interest rates and currency exchange rates? How much more "monetary cocaine and heroine" can the global financial system take before all control is lost?2) What do you think governments and central banks gain from implementing NIRP? Is this a main part of the cashless society and totalitarian control plan?3) Was this recent bear market rally in oil and base metals done so banks wouldn't have to write off many billions in bad loans? Is that tsunami of loan defaults still coming soon?4) Is it even possible for the GLD to get its hands on over 100 tons of physical gold in a week or two?5) Do you think TPTB can hold markets and the global economy together through US presidential elections in November 2016?6) Noted hedge fund manager Kyle Bass says in his February 2016 newsletter that China will need to print $10 trillion US dollars worth of RMB to bailout its banking system and municipalities. What do you think this means for China and the global economy? Could China just dramatically revalue its gold holdings instead of printing all that fiat currency?
James Rickards: Global Financial System Needs Golden Anchor?
Jason Burack of Wall St for Main St interviewed returning guest, best selling author and Chief Global Strategist at the West Shore Funds, Editor of Strategic Intelligence, a monthly newsletter, and Director of The James Rickards Project, an inquiry into the complex dynamics of geopolitics + global capital, James Rickards. http://www.jamesrickardsproject.com/During this 30+ minute interview, Jason first asks Jim why do you think so many people on Wall St don't understand or hate gold? Jim says there's been over 40 years of conditioning, brainwashing, etc in schools in the US that's anti-gold and that people in other countries understand gold's role in a diversified investment portfolio far better. Jason and Jim discuss Warren Buffett's view on gold and the erroneous view that gold caused the Great Depression of 1929. Jim says that gold is money and doesn't need a yield. Next, Jason asks Jim why Russia and China are accumulating so much physical gold? Jim says China is doing it to hedge its paper US Treasury holdings (over $3 trillion) in case the US is successfully able to create massive amounts of inflation and devalue the US Dollar. Jim thinks Russia is accumulating gold more because the US is targeting them more with financial warfare. Jason then asks Jim if the Shanghai Gold Exchange will allow for real price discovery in the gold market? Jim talks about how has been manipulated for over 100 years since WWI and that the Chinese would love to accumulate more gold at a lower price but that the gold miners cannot withstand gold at lower prices. Jim mentions a trip to Switzerland to speak to one of the world's largest gold refiners and how this refiner is running his plant 24/7/365 and can't adequately source enough physical gold to send to his Chinese customers. To wrap up the interview, Jason asks Jim what event/s will stop the currency wars or coordinated central bank currency devaluations? Jim says currency wars normally last a long time (at least a decade) and that the current currency war has only been ongoing for about 6 years. As the global economy becomes more incoherent, fragile and volatile, the global economy may need to return to a golden standard. But, people should accumulate at least some gold and be on their own personal gold standard.
Dan Collins: Why the U.S. Can't Have Nice Things Like China Does
Wall St for Main St welcomed back Dan Collins, who is the Editor of The China Money Report. We bring on Dan to provide insights on what is going on in China since he lives and owns a business in China unlike some of the pundits on CNN and MSNBC where the closest they have been to China is Panda Express ;)In this podcast, we discussed the propaganda war going on in the mainstream media on the Chinese economy. Are they blowing things out of proportion? Also, we talked about the volatile Chinese stock market , Trump's proposal to increase tariff on Chinese imports, China gold buying spree and much more!
Tuur Demeester: Why Goldbugs Should Own Some Bitcoin
Jason Burack of Wall St for Main St interviewed returning guest, Austrian School Economist, author and investor, Tuur Demeester. His articles are posted on his Twitter handle @Tuurdemeester and he writes for popular Bitcoin and block chain websites. Tuur Demeester is an independent investor and commentator. He has a background in Austrian economics, the school that specializes in the study of boom-and-bust cycles in the economy. He first discovered Bitcoin on a research trip in Argentina, and started recommending it as an investment at $5 in January 2012. During this 30+ minute interview, Jason asks Tuur about the state of the global economy. Tuur grew up in Europe, moved to the US and then moved to Latin America. He says emerging markets are used to problems and difficulties more than Americans are and that they are more resilient and more likely to adapt.Tuur says Bitcoin has dynamic growth in many African countries right now and that Bitcoin will help protect citizens of countries like China from devaluations. Jason asks Tuur questions about where the $300+ million invested in the Bitcoin and block chain industry went? Tuur says most of the money went into infrastructure. Tuur says technologies can always be used for bad things or weaponized by governments or another group and central banks and governments talking about their own private digital currencies and block chains fit into that idea. Tuur thinks the current large hashing problems with Bitcoin will be solved in different parts and that competing digital currencies like Etherium don't have a large enough network effect. To wrap up the interview, Tuur says people will need to be more entrepreneurial and open up an online business
Michael Lebowitz: NIRP & Central Banks Driving People to Gold
Jason Burack of Wall St for Main St had on returning guest, former portfolio manager and founder of 720 Global http://www.720global.com/, Michael Lebowitz. Michael's articles frequently appear on Zero Hedge. His firm 720 Global writes institutional research. During this 30+ minute interview, Jason asks Michael about the Federal Reserve and Janet Yellen announcing this week that they will not try to aggressively raise interest rates and if they are trapped and have to go to negative interest rate policy (NIRP) asap?Michael says the Fed probably won't increase interest more than at most once more in 2016 before they start reversing their interest rate hikes into rate cuts back towards zero and NIRP. Michael says central bank policies from the US, Japan, China and the ECB are driving people into gold along with the threat of NIRP. Michael thinks gold has probably bottomed and will continue to go higher long term as long as central banks keep making desperate policy decisions. Next, Jason asks Michael if he is surprised the stock market hasn't crashed yet? Michael says he has written 4 articles in the last year or so about share buybacks driving the US stock market higher. He thinks as the amount of share buybacks decreases soon the likelihood of a stock market crash and bad balance sheets of corporations doing buybacks with too much debt could increase the odds of a stock market crash. Michael cites Conoco Phillips as an example of a large corporation that did too many share buybacks in 2012 and 2013. Jason asks Michael if he thinks the recent rallies in oil and base metals prices are based on fundamentals or short covering? Michael thinks very little of those rallies have to do with fundamentals and he thinks oil goes much lower back to $20-30/barrel in the near future. To wrap up the interview, Jason asks Michael which industries he sees value for in stocks?Michael says people can start positions in larger oil companies with good balance sheets who don't have a lot of debt and that more sophisticated investors who can read financial statements well can look at oil bonds. He doesn't like the value in almost any sector but thinks select gold stocks are still very good buys. Michael says people with smaller amounts of capital should buy a gold mining ETF or gold stock mutual fund or royalty and streaming companies like Franco Nevada. Jason and Michael briefly discuss the silliness of election season now upon the US until November presidential elections are over.
Phil Kennedy: Get Out of Debt ASAP To Survive The New Depression
Jason Burack of Wall St for Main St had on first time guest, Philip Kennedy of Kennedy Financial http://www.philipkennedy.com/home.html.Phil is a Certified Fraud Examiner, Certified Public Accountant (CPA) and his is a Certified Financial Planner (CFP) candidate. His full bio can be found here: http://www.philipkennedy.com/about.htmlPhil started his volunteer based non-profit Kennedy Financial to help military and middle class families in the US get out of debt and also to start saving and investing. Phil has also written a new book, Financial Judo: Leverage The Crash to Your Advantage, which is free to download as an e-book in exchange for an email address on his website. Phil also has a new YouTube channel with a lot of good interviews to check out. During this 25+ minute interview, Jason asks Phil about his background and how he found the Austrian School of Economics? Phil talks about how he worked hard to get through school and to get all of his certifications and how after he graduated he and his wife wanted to get out of debt asap. Phil found the Austrian School of Economics from Tom Woods' book, Meltdown which was written in 2009 right after the stock market crash in 2008. Jason then asks Phil about his new book, Financial Judo, what is judo and why he chose the title? Phil gives a summary of the book and says it's meant for beginners to personal finance and investing. The book has stories and suggestions how to start getting out of debt and what investments to buy with new savings like gold and silver. Jason and Phil discuss living in the DC metro area and the state of the US economy, which is nowhere near as good as President Obama claims. Phil thinks the US is already in a depression and that there was no recovery in 2008. Jason then asks Phil about the amount of fraud in corporations and government in the US?To wrap up the interview, Phil says how he thinks silver is the best investment anyone with modest means can make right now.
Welcome to Dystopia 17-Smaulgld on Shifty PM Data: Louis Dissects CPM Group, Gold/Silver
Jason Burack of Wall St for Main St and managing editor of The News Doctors http://thenewsdoctors.com/ and independent financial journalist, Eric Dubin welcome special guest Louis Cammarosano of Smaulgld https://smaulgld.com/ to Episode #17 of their Welcome to Dystopia podcast. Louis a a precious metal and real estate expert who also has been a teacher, worked on Wall St, worked in Silicon Valley and has been a lawyer for Wall St. During this hour+ episode, Jason asks Louis about the precious metals market. Louis thinks CPM Group and the Silver Institute use incorrect data. He says CPM doesn't count investment demand in their demand calculations and that the Silver Institute doesn't properly account for silver ETF holdings. Louis thinks the physical silver market has been in a major deficit for years. Eric then asks what will cause the silver price to rise? Louis says investment demand and/ot industrial demand for physical metal will force paper prices higher (if the manipulators allow it). Eric follows up about the manipulation of gold and silver and Louis says it's getting worse. Jason asks Louis if miners going bankrupt will force the manipulators to retreat and the paper prices to go higher? Jason asks Louis about the discrepancy between his Mexican silver supply numbers and the Mexican silver supply numbers Steve St Angelo of SRS Rocco report releases. Louis says Mexican silver miners have to increase silver production to pay bills even with low silver prices. He says this will continue until prices rise or miners go bankrupt because no capital is available to them anymore. Eric, Jason and Louis discuss the gold and silver miners and what will happen to them next?Jason says the perfect storm for miners is if physical demand for metal grows, and there's also supply problems. Jason then asks Louis about the rally in oil, copper, base metals, etc. Louis thinks it's not based on fundamentals and almost all short covering. Jason then asks Louis what he thinks the world will look like in 10 years? Louis thinks governments will attempt to nationalize all central banks and even big banks and government will attempt to control all credit issues within its borders. It's a chilling dystopian/authoritative future and we hope he is wrong about it! Besides accumulating physical precious metals, Louis says investors should be on the lookout for bargain dividend stocks of companies that can generate free cash flow and pay a dividend without using debt to pay dividends.
Don Durrett: Gold Will Soar When Stocks Roll Over
Jason Burack of Wall St for Main St interviewed returning guest, mining stock expert http://www.goldsilverdata.com/ and author of How to Invest in Gold and Silver: A Complete Guide with a Focus on Mining Stocks, Don Durrett. During this 30+ minute interview, Jason asks Don why Gold's fundamentals are improving and why big money managers on Wall St are suddenly buying gold?Don talks about how the US economy is getting worse and how the threat of negative interest rate policy and the stock market rolling over is causing the fear trade to explode. Don says the fear trade is fueling investors to go into cash and gold. Next, Jason asks Don about the big move in gold stocks and if the bull market has returned?Don doesn't think the gold and silver bull market has returned until gold clear overhead resistance levels of 1280 and 1308 for gold. Jason and Don discuss the pitfalls of investing in gold and silver companies and the latest news about the industry.
Brent Johnson: If You Believe In Math, Buy Gold
Wall St for Main St continue their week long series on precious metals by interviewing Brent Johnson, who is the CEO of Santiago Capital and a precious metals investor. In this podcast, we discussed why Brent left Wall St after the 2008 financial crisis and how he got interested in the precious metals market. We also talked about the recent comment made by former Fed chairman on how the Feds used "heroin and cocaine to create a wealth effect", the volatility in the stock market and it means for investors. Finally, we discussed the precious metals market and the recent surge in prices.
Dave Kranzler: Gold Stocks Looking Attractive Again
Jason Burack of Wall St for Main St had on returning guest, former Wall St bond trader, investment analyst, gold fund manager, founder of Investment Research Dynamics http://investmentresearchdynamics.com/ and co-creator of the popular Shadow of Truth podcast with Rory Hall, Dave Kranzler. Dave worked on Wall St for over 2 decades and his articles on Investment Research Dynamics are normally well written and quite insightful about the global economy, gold market, etc. During this 30+ minute interview, Jason asks Dave about the state of the global economy and if it's one big mess? Dave says calling the global economy a mess implies that things can be cleaned up and he believes things cannot be cleaned up. Dave expects a depression at least as bad as the 1929 Great Depression in the near future. Jason then asks Dave about the recent rally in stocks, copper, oil and base metals and if it was a short covering rally or if the bottom in oil is real?Dave thinks this recent rally in oil, copper, etc is 100% a bear market rally or short covering rally without any fundamental justification. Jason then asks Dave about the banks exposure to the oil market?Dave thinks the banks are lying to keep larger oil companies from going bankrupt and to make bank balance sheets appear much better than reality. Next, Jason asks Dave how he finds good shorting ideas for his new paid newsletter, Short Seller's Journal. Dave says he looks for macro trends where entire industries bomb earnings and Dave looks for the worst companies of an industry to short. Jason ans Dave then discuss why many prominent value investors also short companies besides buying bargain value stocks. To wrap up the interview Jason asks Dave about a bottom in gold and gold mining stocks and what the global economy and US may look like 10 years from now?Dave thinks gold stocks are very attractive to purchase on dips right now and Dave is buying juniors for extra leverage. Dave says he has no idea what the world will look like 10 years from now because of the totalitarian policies from politicians and bankers making things worse on basically a daily basis.
Welcome to Dystopia Episode 16: Gold Bull Market Spanking Permabears
Jason Burack of Wall St for Main St and managing editor of The News Doctors http://thenewsdoctors.com/ and independent financial journalist, Eric Dubin are back for episode 16 of the Welcome to Dystopia podcast. Jason asks Eric about the price action in gold and gold stocks. Eric thinks the bull market in gold is back and it's very bullish that the gold chart has had its 50 day moving average cross over the top of its 200 day moving average. Jason and Eric discuss this managed retreat going on in the gold market. A lot of Wall St managed money is clearly moving into gold from stocks, bonds, etc. Jason and Eric talk about how more evidence keeps appearing of the real global economy slowing down an worsening. Former central bankers like Mervyn King are now coming out and saying how another crisis is guaranteed and that the elites of Europe intentionally created an economic depression in Europe. Jason and Eric also discuss how Venezuela is going through hyperinflation now and a collapse of their government and society.
Roger Conrad: More Carnage In Oil Before We Bottom
Jason Burack of Wall St for Main St interviewed returning guest, investment analyst, long time investment newsletter writer and co-founder of Capitalist Times https://www.capitalisttimes.com/, Roger Conrad. Roger has over 20 years experience as an investment analyst covering dividend stocks, utilities, and oil and energy investments. Roger is well respected in the industry for his acumen finding good income producing companies. Roger's full bio can be found here: https://www.capitalisttimes.com/autho...During this 30+ minute interview, Jason asks Roger about whether oil prices have bottomed or will go lower before they bottom? Roger and his business partner, Elliot Gue think oil will bottom in the 20-25 range and there's more carnage to come in oil. However, Roger thinks oil will probably bottom before 2016 ends and then it may settle into a wide trading range between 40-60 where it would be "lower for longer" like in the 1980s oil bear market.
Adam B. Levine: Bitcoin Is Not Going Anywhere Despite Recent Events
Wall St for Main St welcomed back Adam B. Levine, who is the Founder and Senior Editor of Let's Talk Bitcoin! Be sure to check out Adam's podcast and blog at www.letstalkbitcoin.com.In this podcast, we talked about the recent events that occured in the Bitcoin space in the past month. First, we talked about the impact of the prominent Bitcoin developer exiting and why he declared Bitcoin a failed experiment. Plus, we discussed the block size problem with Bitcoin and how it can be resolved. Finally, we talked about the blockchain technology and much more!
Willem Middelkoop: Global Economy Continues to De-Dollarize
Jason Burack of Wall St for Main St interviewed returning guest, best selling author of the book, The Big Reset, http://www.thebigresetblog.com/ about the changing global economy and commodities fund manager, http://www.cdfund.com/ Willem Middelkoop. During this 20+ minute interview, Jason first asks Willem about whether another 2008 style banking crisis is happening as we see the share prices of bank stocks including Deutche Bank fall to levels not seen since 2008. Willem thinks a banking crisis is happening as there's over $1 trillion according to his estimates of bad oil and energy loan debts the banks can't write off or absorb that will mean banks are nationalized, bailed out or go bankrupt. Willem thinks this can be worse than the 2008 crash as this is a global problem of banks going bankrupt as many gave out enormous amounts of oil and energy loans.Jason asks a follow up question if Willem thinks there's good value for oil stocks that don't have a lot of debt because Willem manages money and invests heavily in resource stocks with his Commodities Discovery Fund. Willem thinks there's lots of opportunities to make good investments in oil if people know where to look but many oil companies won't survive oil prices this low. Next, Jason asks Willem about the US Dollar's status as the world's reserve currency (WRC) and the petrodollar with the RMB slated to go into the International Monetary Fund's (IMF) special drawing rights (SDR) basket towards the end of 2016 and what effects this will have on the global economy. Willem says many countries are already doing currency swaps and bilateral trade agreements outside the US Dollar and that the process of the global economy "de-dollarizing" will continue unabated. Willem doesn't know how long the process will take but that the process is not going to stop. Next, Jason asks Willem about the rally in gold and silver prices and whether the cyclical bear market in US Dollar terms for gold and silver is over? Willem says he believes the bear market is over although there will be corrections and volatility along the way as precious metals prices move higher. Willem thinks there's really good value in select gold and silver stocks. Finally, to wrap up the interview Jason asks Willem if in 10 years they will look back and be amazed at how the powers that be (TPTB) have been able to keep the game going and prop up asset prices and create more asset bubbles and credit bubbles without the US losing the WRC? Willem thinks the global economy is not ready just yet to completely abandon the US Dollar but there's no need to keep nearly as many US Dollar reserves globally. Willem also thinks there's a high probability of a US stock market crash in the near future and that large amounts of managed money on Wall St is slowly moving large amounts of capital into precious metal related investments building positions for the next leg of the bull market in precious metals to continue higher after this long bear market has finally ended.
Nick Giambruno: Why You Need To Diversify Outside The Border
Wall St for Main St welcome Nick Giambruno, who is the senior editor of International Man. Nick specialized in offshore banking, foreign real estate, crisis investing and international traveling.To check out Nick's work, go to www.internationalman.comIn this podcast, we asked Nick's insight on the global economy as he is traveling around the world. We also discussed the impact FATCA is having on U.S. citizens opening a bank account in foreign countries, the impact negative interest rate will have on Main St and what you can do to protect yourself and much more!
Andy Hoffman: US Dollar Gold/Silver Bull Market (Finally!) Back?
Jason Burack of Wall St for Main St interviewed returning guest, former Wall St investment analyst and current marketing director for precious metals bullion dealer Miles Franklin http://www.milesfranklin.com/, Andy Hoffman. Andy's articles can be found here: http://blog.milesfranklin.com/categor...During this 30+ minute interview, Jason asks Andy if he thinks all global central banks are trapped?Andy says fiat currency is a Ponzi scheme that once started cannot be stopped until it blows up. Andy talks about how much worse things are getting in the real economy and Jason asks Andy how people on Main st are going to get screwed? Andy thinks people in the middle class living on Main St, USA will be screwed in as many different ways as possible by the US government, large banks, Wall St, etc. Jason then asks Andy the consequences of negative interest rates. Andy says large Wall St investment banks have revealed that central banks plan on taxing people up to 4% in the near future per year to keep money in a checking or savings account. To wrap up the interview, Jason and Andy talk extensively about the gold and silver markets including, if the secular precious metals bull market has returned in US Dollar terms, how bad things are for the gold and silver miners and how difficult is it for American citizens to store physical gold and silver outside the US. Miles Franklin has meetings coming up in different towns in the US to talk about the global economy and precious metals. If you are interested, please contact Andy or the company for more information.
Gordon T Long: Major Tax Grab Coming
Jason Burack of Wall St for Main St had on returning guest, Gordon T Long http://www.gordontlong.com/Gordon is a financial repression expert who has many years of experience working in corporate finance as a Chief Financial Officer (CFO) and as a technology executive and investor. His full bio can be found here: http://www.gordontlong.com/About_Us.htmDuring this 40+ minute interview, Jason asks Gordon about why the global credit cycle is tightening and the negative consequences of it happening. Gordon talks about corporations doing financial engineering to grow earnings without increasing revenues and how leveraged buyouts (LBOs) has exploded since 2008 because of the availability of cheap credit. He thinks the yield curve has been fully distorted to benefit governments, large corporations, big banks and Wall St. Gordon thinks all of this ties into problems in the bond market, negative interest rates and financial repression. Next, Jason asks Gordon about the bank stocks collapsing and about a potential stock market crash. Gordon thinks it's likely in the near future and that gold and silver prices have most likely bottomed. However, Gordon thinks gold will be confiscated or heavily taxed by the US government as it continues to rise in price. Jason and Gordon discuss how silver may be safer than gold because governments are less likely to confiscate it than gold. To wrap up the show, Gordon talks about how many more taxes are being layered onto middle class people on Main St, USA and how it will destroy the real economy in the near future until this changes.
Matt Geiger: Next Commodities Bull Market From Supply Side
Jason Burack of Wall St for Main St interviewed first time guest, technology entrepreneur, investor and resource fund money manager, Matt Geiger of MJG Capital http://www.mjgcapital.com/.Only 24 years old, Matt is already General Partner at MJG Capital where he invests money for a 10 year time frame for his investors into resource stocks. Matt focuses on juniors, prospect generators and near term producers in different commodities in energy and mining. Matt's fund avoids positions in hydrocarbon industries like oil, natural gas and coal but he pays attention to the entire energy complex because the energy sector is linked. During this 25+ minute interview, Jason asks Matt about his interesting background and then he asks Matt about buying resource stocks in this environment. Matt is bullish on a number of commodities including lithium, gold, silver and uranium. Jason and Matt discuss how many new technologies like smart phones and tablets require a lot of metal to go into them that Silicon Valley and Americans take for granted. This interview is a good discussion about investing in resource stocks in a very unloved industry right now.
Greg Mannarino: Negative Interest Rates Coming to the US
Jason Burack of Wall St for Main St had on returning guest, former Wall St trader, author and economic expert Greg Mannarino https://traderschoice.net/During this 20+ minute interview, Jason asks Greg about the Federal Reserve and global central banks implementing negative interest rates. Greg thinks because all the major central banks constantly talk and "plan" with each other that it's inevitable that the US will also try negative interest rates just like Japan and parts of Europe are trying. Greg thinks this will hurt the real economy further and that the stock market is in a slow motion crash. Greg thinks gold and silver have bottomed due to physical supply constraints and money leaving the stock market and going into hard assets like precious metals.
Welcome to Dystopia Episode 15: Fear The Bust! Bank Carnage, Precious Metals Bull Returns?
Jason Burack of Wall St for Main St and independent financial journalist and managing editor of The News Doctors http://thenewsdoctors.com/, Eric Dubin are back for Episode #15 of their new Welcome to Dystopia podcast show. Topics on this week's show include:1) Japan going to negative interest rates2) Some members at the Federal Reserve talking about copying Japan and experimenting with negative interest rates3) Where do negative interest rates come from? (Hint: They come from Marx's labor theory of value and Marx's and Keynes' views of a "savings glut" in an economy)4) Bank Stocks Look to Be Collapsing and predicting an imminent stock market crash and large global financial crisis 5) Many sovereign wealth funds are selling their stock positions to go to cash to pay off debt in their home countries6) Russia now takes RMB for its oil. What does this mean for the petrodollar?7) Gold and Silver markets appear to have finally bottomed and a strong rally looks to be underway8) What problems does a strong US Dollar cause for the global economy?
Wealth Watchman: Paper Gold, Silver Ratios Getting More & More Absurd!
Jason Burack of Wall St for Main St interviewed first time guest, gold and silver expert, The Wealth Watchman http://thewealthwatchman.com/The Watchman has a popular and rapidly growing You Tube channel with his videos about the gold and silver markets that can be found here: https://www.youtube.com/channel/UCJrY...During this 35+ minute interview, Jason asks Watchman about why China has decided to stop reporting Shanghai Gold Exchange (SGE) withdrawal data according to precious metals expert Koos Jansen of Bullion Star https://www.bullionstar.com/blogs/koo...Watchman thinks China doesn't want the world (the West) having a good idea exactly how much physical gold it's importing so it halted the data. He thinks China wants to keep covertly/discreetly accumulating a lot more physical metals. Jason and Watchman also discuss China's plans to start buying up gold miners. Next, Jason asks Watchman about the ridiculous paper:metal ratios at the COMEX that keep becoming more and more absurd! http://www.zerohedge.com/news/2016-01...Watchman thinks before the COMEX, LBMA and manipulation of gold and silver markets breaks that the ratios could go over 1k or 2k to one! Jason then asks Watchman how he thinks the manipulation will end? Watchman agrees with Jason that gold miners, silver miners and base metal miners that produce a large amount of silver as a by-product will force the people manipulating gold and silver to let prices go higher or supply will become very scarce. Quality primary silver miners like Endeavour Silver have recently announced they will finally cut production: http://www.mining.com/endeavour-silve...To wrap up the interview, Watchman tells Jason that the COMEX is started to bleed silver and Jason tells Watchman that the LBMA recently lost 1000 tons of gold http://www.lbma.org.uk/vaulting
Fabian Calvo: The Economy Needs A Bigger Rate Hike
Wall St for Main St interviewed Fabian Calvo, who is the Founder of Fabian4Liberty. Fabian is a libertarian blogger, podcaster and a successful real estate investor. In this podcast, we discussed the recent comments made by the Federal Reserve hinting that they made a policy error in raising the rate and Fabian tell us why we need a bigger rate hike. We also talked about the real estate and where it is headed in 2016 and the 2016 elections. Plus much more!
Robert Rapier: OPEC's $1 Trillion Mistake Means Lots of Oil Bankruptcies
Jason Burack of Wall St for Main St interviewed returning guest, oil and energy expert Robert Rapier http://www.energytrendsinsider.com/. Robert has over 20 years experience working and investing in the oil and energy industries. Robert's 2 most recent articles that are definitely worth reading: 1) http://www.forbes.com/sites/rrapier/2...2) http://www.energytrendsinsider.com/20...During this 20+ minute interview, Jason asks Robert about the state of the oil industry. Jason asks Robert why the oil price keeps falling, what happens if it goes to $15 or $20/barrel and about the supply/demand fundamentals of the industry. Robert thinks OPEC drastically miscalculated how quickly US shale oil producers would go bankrupt. Jason talks about how easy money from Wall St banks and the Federal Reserve have allowed US shale oil producers to delay bankruptcy longer than expected. If you are interested in the oil market or looking for investment ideas, this is a good interview for the contrarian value investor or speculator!
Welcome to Dystopia Episode 14: Goodbye 'Eye of the Hurricane,' Hello 2016!
Jason Burack of Wall St for Main St and independent financial journalist and managing editor of The News Doctors http://thenewsdoctors.com/, Eric Dubin are back for Episode #14 of the Welcome to Dystopia podcast!This is the first show of 2016! During this show, Jason and Eric discuss and review briefly what happened in different markets in 2015 and Jason talks about the new report Wall St for Main St just released free to its email subscribers. Eric says the derivatives market seems to have started to break in 2015 and this acceleration of asset price deflation should continue in 2016 perhaps leading to a 2008 or worse crash in markets. Jason and Eric talk about emerging markets, base metals and oil collapsing in 2016 and how all 3 of these may be worse than the sub prime market. Eric thinks there's over $7 trillion in debt from these entities combined that cannot be paid. To wrap up the show, Jason and Eric preview what listeners can expect in 2016. Jason expects a lot more volatility and asset prices having a meaningful correction and/or crash.
Louis Cammarosano: Gold, Silver Miners Increasing Production Until Bankruptcy?
Jason Burack of Wall St for Main St had on first time guest, precious metals expert and founder of Smaulgld https://smaulgld.com/, Louis Cammarosano. His full bio is available here: https://smaulgld.com/about/Louis has been a technology company CEO, a real estate investor, and he also worked in the financial industry for many years in London and on Wall St. In this 40+ minute interview, Jason asks Louis about the global economy and how close everything is to collapse?Louis thinks the US government and Wall St have financially engineered a collapse in oil price to prevent countries from leaving the Petro Dollar and to bring countries like Russia to its knees. Jason and Louis spend the rest of the interview talking about the gold and silver markets and about the miners. Louis says how gold, silver and oil producers will actually keep increasing production to try and delay bankruptcy but they are all close to hitting a wall. After the bankruptcies start to rapidly increase and supply problems ensue, there will be a corresponding price increase. Louis thinks silver is more likely to have a shortage than gold because so much of it is consumed in very small amounts by so many different industries.
Grant Williams: Global Debt Problem Can't Be Fixed
Jason Burack of Wall St for Main St interviewed returning guest, Grant Williams http://ttmygh.com/. Grant writes the popular investing newsletter, Things That Make You Go Hmmm. He also co-founded the new investor education company Real Vision TV https://realvisiontv.com/.Grant has over 20 years experience working in the financial industry and he's been a money manager and other jobs. During this 30+ minute interview, Jason asks Grant how bad things are in the global economy since he travels all over the globe often?Grant says the global economy has slowed down a lot and that the oil market is a major indicator. Next, Jason asks Grant a listener question about if Russia will go bankrupt because of the low oil price and if it will have to sell any of its gold. Grant thinks there's very little chance Russia or China sells any of its physical gold. Jason then asks Grant about the collapse in the oil market and emerging market debt problems and if he thinks the crisis is much larger than the sub prime housing bubble?Grant says there's a global debt problem and either of these things is capable of collapsing the asset markets and the real economy. Jason then asks Grant a number of WS4MS listener questions about whether the Federal Reserve will raise interest rates, the problems with GLD and about the survival and investment worthiness of gold mining companies. Grant says in his 3 decades of experience, he has never seen a more hated group of investments than gold miners. He thinks sentiment will change in the near future.
Gail Tverberg: Why Low Oil Prices Will Not Stimulate The Economy
Wall St for Main St welcome Gail Tverberg, who is an oil market analyst and the author of Our Finite World. Gail has covered the oil market for over a decade and her work can be found on The Oil Drum web site, Peak and Prosperity and other publications.In this podcast, we asked Gail on thoughts on why low oil prices does not stimulate the economy, how the public and private oil companies is handling the low oil prices environment. We also discussed her outlook for 2016 and why we think we are at the tipping point in the global economy due to high debt. Plus much more!
Robert Murphy: Mistakes of 1929 Great Depression Being Repeated?
Jason Burack of Wall St for Main St had on returning guest Austrian School Economist and author, Robert Murphy http://consultingbyrpm.com/blogRobert's bio and his Mises articles can be found here: https://mises.org/profile/robert-p-mu...Robert hosts the popular Contra Krugman podcast with Tom Woods that debunks each of Paul Krugman of the NY Times' articles: http://contrakrugman.com/Robert's many popular Austrian School of Economics books can be found here: http://www.amazon.com/Robert-P.-Murph...During this 35+ minute interview, Jason starts by asking Robert about the long term consequences to the interventionist policy of the Keynesian central planners. Robert talks about the Austrian Theory of the Business Cycle and how while the bust has been delayed, it has also been made much larger. Jason and Robert discuss Keynesian Economics and why Keynesian Economics won't die. Robert thinks the people in power love it because it gives them the justification to do what they already wanted to do. Next, Jason asks Robert if he sees parallels to the US now and prior to the 1929 stock market crash and ensuing Great Depression since he wrote a book about the Great Depression of 1929 and the New Deal. Robert says the 2008 crash resembled the 1929 crash and the roaring 20s were similar to the housing bubble of the 2000s prior to the 2008 crash. Robert then talks about how the history books have Herbert Hoover incorrect labeled as a proponent of the free market when in fact he was a massive interventionist. To wrap up the interview, Jason and Robert talk about how Wall St and Keynesians don't count asset price inflation as inflation while Austrians do and why Keynesians hate saving and deflation so much.
Robert Wenzel: The Feds Will Not Reverse Interest Rate Hike
Wall St for Main St welcomed back Robert Wenzel, who is the Editor of The Economic Policy Journal. In the podcast, Robert shares his thought on the Federal Reserve rate hike and why he doesn't think they will reverse course anytime soon. Also, we looked back on 2015 and discussed major events that occurred and talked about his outlook for 2016.
Dave Collum: 2015 Review; Bond Markets Will Reset in 2016?
Jason Burack of Wall St for Main St interviewed returning guest, Cornell University Chemistry professor, Dave Collum. Every year, Dave writes an extensive report reviewing the year and a preview of the year to come. Dave's 2015 review 2016 preview can be found here: http://www.peakprosperity.com/blog/95...http://www.peakprosperity.com/blog/95...The report is also available on Zero Hedge. During this 40+ minute interview, Jason asks Dave to summarize in a few sentences markets in 2015. Dave talks about how confusing markets are becoming and how it is difficult for value investors looking for quality but cheap valuation stocks that are not resource stocks.Jason says how he sees a lot of value in oil and energy companies and Dave and him discuss the oil markets and shale oil's potential to become the next major global crisis. Dave thinks all bond markets are going to need a "reset" in the near future. Next, Dave talks about the junk bond and bond markets and how the global debt binge keeps rising. Jason asks Dave if the Federal Reserve will try more token interest rate increases in the near future and Dave calls the Federal Reserve, "cowardly." Jason and Dave discuss asset price inflation and whether people on Wall St count that as evidence of inflation?Jason asks Dave about his writing about the "War on Cash" in his report. Dave thinks the banksters want to control everything and that's why the war on cash is occurring. Jason asks Dave about his experiences as a college professor at a prestigious Ivy League school and if his university is restricting free speech? To wrap up the interview, Jason and Dave discuss the upcoming 2016 presidential election in the US and discuss Hillary Clinton and Donald Trump, the 2 front runners right now in the polls.
Rick Rule: 2016 Will Be Painful for Commodities
Wall St for Main St interviewed Rick Rule, who is the President of US Sprott Holdings. In this podcast, we looked back on 2015 and discussed the energy market, precious metals market and the economy. Rick also provided his insights on what he thinks will happen in 2016 in the commodities sector. Plus much more!
Patrick Byrne: Block Chain Tech Will Force More Transparency on Wall St
Jason Burack of Wall St for Main St interviewed returning guest, Co-Founder and CEO of Overstock.com http://www.overstock.com, Patrick Byrne to talk about the economy, the block chain and Austrian School of Economics. Patrick is a a "classical liberal" and a big proponent of Austrian School of Economics, the free market and Bitcoin and the block chain. Overstock was one of the first major businesses to accept Bitcoin. Patrick is a key investor in Tee-Zero https://t0.com/, which is a block chain trading platform that will (hopefully) force Wall St to become more transparent with its investing and trading practices.
Charles Hugh Smith: Radical Changes in Jobs Market Now & in Future
Jason Burack of Wall St for Main St had on returning guest, author and popular economic blogger, Charles Hugh Smith http://www.oftwominds.com/blog.html. Charles came on to discuss his new book, A Radically Beneficial World: Automation, Technology and Creating Jobs for All: The Future Belongs to Work That Is Meaningful which can be purchased on Amazon http://www.amazon.com/gp/product/B017....Charles' other books he's authored are listed here: http://www.oftwominds.com/CHS-books.htmlCharles' full bio: Charles Hugh Smith is the author of the oftwominds.com blog, #7 in CNBC's top alternativefinancial sites, and nine books on our economy and society, including "Why Things AreFalling Apart and What We Can Do About It," "The Nearly Free University and the EmergingEconomy," "Get a Job, Build a Real Career and Defy a Bewildering Economy" and most recently, "A Radically Beneficial World: Automation, Technology and Creating Jobs for All." His work is published on a number of popular financial websites including Zero Hedge, Financial Sense, and David Stockman's Contra Corner.Smith has also written seven novels and has posted a number of book and film commentaries on his website.During this 40+ minute interview, Jason asks Charles about the radical changes the jobs market is currently undergoing. Charles talks about how central planning, technology and outsourcing/offshoring has made labor and capital both un-scarce. Jason and Charles talk about the goals of Keynesian central planning and how it has made capital so cheap that it's easier for companies to invest in robots and automation now than it should be without normalized interest rates. Next, Jason asks Charles about the current jobs market and how difficult it's becoming to find a good high paying full time job and why most jobs being created are part time jobs. Charles thinks continued learned throughout one's adult lifetime, working in local communities and finding more work there with relationships with people will be more enjoyable than a corporate job working 70+ hours a week.
Chris Martenson & Adam Taggart: Prosper in Challenging Times
Jason Burack of Wall St for Main St had on returning guest, Dr. Chris Martenson and his business partner at Peak Prosperity http://www.peakprosperity.com/, first time guest Adam Taggart.Chris and Adam co-founded Peak Prosperity and also created the popular Crash Course video series on the 3Es: Economy, Energy and the Environment that has woken a lot of people up about what's really going on in the world since the video series debuted around 2007. Chris worked as a corporate executive for a Fortune 500 company before quitting his job and changing his lifestyle and Adam worked on Wall St and was an executive at Yahoo before also quitting his job, waking up and changing his lifestyle as well. They came on a podcast to talk about their new book, Prosper!: How To Prepare for the Future and Create a World Worth InheritingThe book can be bought on Amazon and Audible in hard cover, ebook and audio book formats. http://www.peakprosperity.com/blog/95...For a limited time, the book is also 50% for Audible members until December 16th is over: http://www.audible.com/mt/Member-Than... During this 25+ minute interview, Jason asks Chris and Adam about the myriad of problems and craziness going on in the world and why they decided to write a new book now?Chris and Adam talk about how their Crash Course video series and subsequent book were about identifying all the problems with the economy, energy and the environment and how their new book offers the regular person on Main St a bunch of different solutions to many of these problems. Chris and Adam talk in the book about how people can protect their wealth, improve their health, change their lifestyle and how to protect themselves and their family and friends against asset prices potentially collapsing in value. Chris and Adam see painful deflation happening in the near term as asset prices fall and then governments and central banks will drastically over-react and create massive, massive inflation to counter the deflation. Jason also asks both about how to create a meaningful, prosperous life without chasing every last Dollar. To wrap up the interview, Jason asks Adam and Chris about Generation X'ers and the Millennials and how they can prosper in the future with the student loan debt bubble, no savings and a very poor job market to find a good high paying job after college.
Steve St. Angelo: Shale Oil Giant Ponzi? Peak Silver Approaching?
During this 40+ minute interview, Jason asks Steve about his recent article about how the Shale oil industry in the US is collapsing. Jason and Steve talk about the oil markets and how many higher cost shale oil producers have been able to delay bankruptcy. Steve calls shale oil a "Giant Ponzi scheme."Steve is predicting US oil production will collapse in the next few years unless the oil price goes much higher. He also says global consumers cannot afford oil prices above $70/barrel. Next, Jason asks Steve about the gold and silver mining industries. Steve agrees with Jason that at least half the primary gold and silver miners would be bankrupt already if oil prices hadn't collapsed helping to cut costs or if gold and silver weren't much higher in currencies other than the US Dollar. Steve thinks silver miners are a great speculative investment considering how cheap they are. To wrap up the interview, Jason and Steve discuss the supply/demand fundamentals for gold & silver. Steve thinks a lot of silver mine supply from base metal producers that produce silver as a byproduct will come offline soon as copper and base metals continue to collapse.
Welcome to Dystopia Episode 13 w/ Adam Dick: No Guns For You!
Jason Burack of Wall St for Main St and independent financial journalist and managing editor of The News Doctors http://thenewsdoctors.com/, Eric Dubin are back for Episode #13 of Welcome to Dystopia! This week's special guest is Adam Dick who is a lawyer and senior fellow at the Ron Paul Institute for Peace & Prosperity http://ronpaulinstitute.org/Adam's full bio is: Adam worked from 2003 through 2013 as a legislative aide for Rep. Ron Paul. Previously, he was a member of the Wisconsin State Board of Elections, a co-manager of Ed Thompson's 2002 Wisconsin governor campaign, and a lawyer in New York and Connecticuit. Adam helped Ron Paul with his domestic policy. Adam is also an expert on the 2nd Amendment and he came on the show to talk about his new article http://ronpaulinstitute.org/archives/...Adam released his article after President Obama's speech/address on Sunday night and the New York Times article about eliminating gun ownership in the US: http://www.nytimes.com/2015/12/05/opi...For most of this week's episode, Jason and Eric ask Adam about his article, the 2nd Amendment and why Progressives keep wanting to eliminate all gun ownership when in the strictest gun regulation states like California criminals and terrorists still are able to get their hands on guns. It's a very interesting discussion on the gun debate.After the lengthy discussion on guns in the US, Jason and Eric talk about the implications of the RMB going into the SDR and how the IMF ignored the protests of the US. Jason and Eric also talked about the president of Brazil potentially facing impeachment charges for misappropriating funds and corruption and how many other emerging markets are in similar trouble.
Jim Willie: $1 Trillion/month in Reverse Repos Keeping Zombie System Alive
Jason Burack of Wall St for Main St interviewed returning guest, editor of The Hat Trick Letter at Golden Jackass.com http://www.goldenjackass.com/, Jim Willie. This is an interesting 90+ minute interview.Questions/Topics for the interview include:• Recently, there was a secret meeting between Russia and a Saudi Prince- Was the meeting about a coordinated oil production cut to move the price higher to save the world's largest oil producing countries? Or about what to do about Syria and pipelines? Or a mix?• The IMF has said Saudi Arabia can only survive at most 5 years of low oil prices at their current burn rate in foreign exchange reserves before they go bankrupt too. Almost every other OPEC producer has spent most of their oil profits almost as soon as the profits come in and are in much worse shape than the Saudis. Will OPEC be going to China begging for a bailout if oil prices don't rise again soon? • Some Wall St commodity traders are illegally buying $10/barrel oil on the black market from ISIS. Why haven't the buyers gotten caught? • In our last interview you talked about a massive oil bust that was coming, but why haven't we seen banks go bust from shale oil loans yet? Is the Federal Reserve secretly bailing these banks out? • Christine Lagarde of the IMF seems to approve of the RMB going into the SDR very soon but the US government appears committed to blocking the RMB into the SDR. How much longer can the US government block the RMB going into the SDR?• What happens to gold and silver supply available if many gold and silver mines shut down and miners start going bust? • Do you think Wall St is planning on buying gold and silver mines up as they go bankrupt?• Why do you think Wall St banks are starting to rapidly embrace the block chain technology behind Bitcoin? Is this another part of the elite's plan for a cashless society where all transactions are taxed and tracked?• China is negotiating a large currency swap bailout with Venezuela probably in exchange for a massive amount of oil. Will this be the model how the developing world/commodity producing countries with too much US Dollar denominated debt will strategically default on their US debt and then get financing from China and Chinese banks?• Do you think currency swaps will be the main bailout tool for central banks going forward? • In early November, Bloomberg put out an article how Wall St banks are trying to offer discounted interest rate swaps to attract more buyers of these products. Why are the banks trying to sell more of these when there's already so many?
John Rubino: Feds Will Reverse Interest Rate Hike Soon
Wall St for Main St interviewed John Rubino, the editor of Dollar Collapse and author of The Money Bubble. In this podcast, we discussed the Feds decision to raise interest rate and how it will pave way to reversing the hike. We also did a 2015 review where we analyzed the emerging market, Brazil and China collapse and look forward to 2016.
Welcome to Dystopia Episode 12: US Trying to Block China from SDR?
Jason Burack of Wall St for Main St and managing editor of the News Doctors http://thenewsdoctors.com/ and independent financial journalist, Eric Dubin are back for Episode #12 of Welcome to Dystopia. With the horror in Paris, we need to stress that terrorism doesn'temerge out of a vacuum. Paul Craig Roberts' article on Paris attacks: http://www.paulcraigroberts.org/2015/...It has a political context, and it's impossible to understand the events in Paris without understanding that ISIS arose from conditions created by U.S. and allied nation policy - including direct financial and training support, particularly from Saudi Arabiaand Turkey playing key roles. The roots of U.S. policy of fomentingIslamic radical terrorist groups as a tool extend all the way back tothe early 20th Century (led by the U.K.), but the biggest milestonealong the development of this "tool" is best represented by formerNational Security Advisor Zbigniew Brzezinski's plan to build-upAl-Qaeda as a proxy force, setting an Afghanistan "bear trap" to weaken the Soviet Union. This isn't conspiracy theory. It's documented history, and Brzezinski openly boasts about his role.“‘What is most important to the history of the world?’ Brzezinski said in 1998, ‘some stirred-up Muslims or the liberation of Central Europe and the end of the cold war?’ — it had at least one unexpected result: it created a global jihad movement, led by veteran fighters who were convinced that they had defeated one superpower and could defeat another.” See: http://thenewsdoctors.com/?p=542014The policy of using radical jihadists as a political tool continues tothis very day. It was only a couple of weeks ago that we had top U.S. military brass and politicians taking to the media and testifying before Congress, arguing for the need for additional so-called "moderateterrorists" to overthrow Syrian President Assad. These so-calledmoderate terrorists are principally the Al-Qaeda spawn al-Nusra Front and related groups. The U.S. spent over a decade presenting Al-Qaeda as the greatest terrorist threat in history, and responsible for 9/11.Eric discussed how there is a split within the U.S. policy communitywhen it comes to Chinese renminbi inclusion into the SDR basket. http://mobile.reuters.com/article/idU... You can see an expression of this split given the missives that come out of the "think tank" community. A prime example was published just yesterday by the Peterson Institute for International Economics: http://blogs.piie.com/realtime/?p=5244 Tune into the show for more, including Eric's explanation for how and why much of the media and alternative media are getting this story wrong.
Rob Kirby: Financial System Totally Criminal
Jason Burack of Wall St for Main St had on returning guest, derivatives expert, precious metals expert and longtime veteran of the financial industry, Rob Kirby of Kirby Analytics http://www.kirbyanalytics.com/During this 45+ minute interview, Jason asks Rob about interest rates and if Janet Yellen and the Federal Reserve can raise them?Rob thinks at most there will be 1-2 token interest rate increases of 25 basis points and those are by no means guaranteed, before the Federal Reserve has to reverse course and lower interest rates as close to zero as possible across the entire yield curve. Rob then talks about how interest rate swaps affect the Fed's ability to raise rates. Jason brings up a recent Bloomberg article how Wall St banks are offering discounted interest rate swaps to attract people to buy them. http://www.bloomberg.com/news/article...Jason then asks Rob if there will be bail ins to force Americans to put their savings into US Treasury bonds? To wrap up the interview, Jason and Rob talk about the gold and silver markets. Rob thinks the paper leverage ratios on COMEX/LBMA are 100% not sustainable and they will blow up in the near future especially as more and more mines come offline or miners go bankrupt.
Dr. Mark Thornton: Why Keynesians Have A Phobia For Deflation
Wall St for Main St welcome back Dr. Mark Thornton, who is a Austrian economist and Senior Fellow at the Mises Institute. In this podcast, we discussed the differences between Keynesian economic and Austrian economic on deflation, interest rates and the boom/bust cycle. Find out why the government and central banks fear and loathe deflation!
Bill Holter: Silver Most Undervalued Asset
Bill Holter writes and is partnered with Jim Sinclair at the newly formed Holter/Sinclair collaboration. Prior, he wrote for Miles Franklin from 2012-15. Bill worked as a retail stockbroker for 23 years, including 12 as a branch manager at A.G. Edwards. He left Wall Street in late 2006 to avoid potential liabilities related to management of paper assets as he foresaw the Great Financial crisis coming. In retirement he and his family moved to Costa Rica where he lived until 2011 when he moved back to the United States. He was a well-known contributor to the Gold Anti-Trust Action Committee (GATA) commentaries from 2007-present. Bill has retained a working relationship with Miles Franklin and can help with any of your precious metals needs including storage. During this 25+ minute interview Jason asks Bill about the inflation/deflation debate. Jason and Bill talk about how the mainstream media and experts like Harry Dent talk non stop about deflation while people's grocery bills, healthcare bills and asset prices have soared higher. To wrap up the interview, Jason asks Bill why Russia and China haven't pulled the plug yet on the US Dollar as the sole WRC?Bill says it's very simple. As long as China can continue to accumulate undervalued gold from the US and the West they will allow the current system to keep going.
Welcome to Dystopia Episode 11 w/Daniel McAdams: Middle East Not Going According To Empire Plan
This week's episode had special guest Executive Director of the Ron Paul Institute For Peace and Prosperity http://www.ronpaulinstitute.org/, Daniel McAdams. Daniel McAdams is the executive director of the Ron Paul Institute. He formally served as the foreign affairs, civil liberties, and defense policy advisor to U.S. Congressman Ron Paul, MD (R-Texas) from 2001 until Dr. Paul’s 2012 retirement. There's a popular misconception that libertarians advocating for a non-interventionist foreign policy is tantamount to isolationism. Nothing could be further from the truth, and the Ron Paul Institute is making progress advancing this understanding.In a little over a month, power relationships in the Middle Eastern war theater have shifted considerably. Daniel provides us with perspective on the recent United Nations meeting between Russian and U.S. officials, and what conclusions we might draw now that the U.S. policy establishment is being forced to play out a hand with unanticipated cards and, with Moscow essentially exposing the absurdity of the American strategy of building up "moderate" terrorist forces with the goal of overthrowing the Assad government.Now that Russian air raids have sent terrorist factions fleeing the Syrian theater, the US is sending in more special forces "boots on the ground." We say "more" because special forces have been operating in the Syrian theater all along. Daniel makes reference to Finian Cunningham's latest article at the Ron Paul Institute website: "US Special Forces deployed as ‘human shields’ to salvage terror assets in Syria." Access this link to read it: http://tinyurl.com/ojp3ukwWe discussed Hillary Clinton and Doug Henwood's latest book, "My Turn: Hillary Clinton Targets The Presidency." As a traditional progressive, Henwood is receiving considerable attention for daring to call out Hillary for her decidedly non-progressive politics. Wrapping oneself with the banner of championing women's and LGBT rights is all well and fine, but many progressive Hillary supporters have no idea Hillary's politics doesn't match that of a traditional progressive, especially when it comes to international relations and the support of crony capitalist interests at home and abroad. See: http://tinyurl.com/q4ckk9u ...and you have to see the cover of this book!
Eric Sprott: Copper/Base Metals Bust Will Exacerbate Silver Supply Problems
Jason Burack of Wall St for Main St interviewed returning guest, Chairman of the Board of Directors of the Sprott group of companies http://sprottinc.com/, Eric Sprott. Eric is a successful investor and has over 40 years of experience in the investment industry and has managed client funds for 37 years. During this 25+ minute interview, Jason asks Eric why does Wall St still give the Federal Reserve any credibility? Eric says no central bank should have any credibility left after all the artificial booms and busts the last few decades all over the globe. Eric blames the Keynesian mindset of many market participants for letting the status quo continue. Next, Jason asks Eric about the recent elections in Canada and if the results of those elections means higher taxes on Canadian oil companies and Canadian mining companies?Eric says it would be crazy for Canadian politicians to raise taxes on their resource companies during a long, painful bear market. Jason then asks Eric about weaker commodity currencies and the currencies of developing countries and how they affect mining companies that owe debt in US Dollars? Eric thinks miners are working hard to cut costs and the ones without too much debt or without any debt should survive as the cycle turns. Finally, to wrap up the interview, Jason asks Eric why China, Russia, BRICs and the other G20 developing countries haven't pulled the plug yet on the US as sole WRC in the global financial system?Eric says Russia and China want to keep accumulating more cheap physical gold and now China is working with Sprott Inc on investing more heavily into gold companies and other resource companies.
Dr. Joseph Salerno: Another Major Bust Coming Soon
Jason Burack of Wall St for Main St had on first time guest, Professor of Economics at Pace University, Academic VP of the Mises Institute https://mises.org/ and author of Money: Sound & Unsound, Dr. Joseph Salerno https://mises.org/profile/joseph-t-sa...During this 40+ minute discussion, Jason asks Dr. Salerno about the difference between the Austrian School of Economics, Keynesian Economics, Monetarism and Marxism. Dr Salerno summarizes these economic schools. Next, Jason asks Dr. Salerno, which Austrian School of Economics books beginners who are curious should start with?Jason then asks Joseph about Keynes and Keynesian Economics and why Keynesian Economics is largely to blame for the global economic problems we are experiencing. Jason then asks Dr. Salerno about the Austrian True Money Supply or TMS, which is something Dr. Salerno invented with Murray Rothbard to to track monetary supply growth or inflation. Despite the mainstream financial media, Wall St, the Federal Reserve and academic Keynesians should about only deflation occurring right now, the TMS shows the money supply still growing at over 8%! There's now monthly articles on the Mises website tracking TMS growth or monetary inflation in the US https://mises.org/blog/true-money-sup...Jason and Dr. Salerno also discuss if real deflation for a prolonged period of time will be allowed without further intervention, why Austrians are able to see asset bubbles and credit bubbles coming years in advance with an inevitable bust after a boom, and why capitalism and free markets will still be blamed for problems in the economy despite the fact there's no free markets. Many more exciting things are discussed in this excellent interview! If you love Austrian School of Economics or are curious about learning more about this school of thought and perspective, this is a great interview for that.
Andrew Chanin: ETFs Great Tools for Investors to Diversify
Jason Burack of Wall St for Main St had on returning guest, entrepreneur, Founder and CEO of Pure Funds http://www.pureetfs.com/index.html, Andrew Chanin to talk about his success as an entrepreneur, his ETFs, the gold and silver markets and technologies like cyber security, mobile payments and big data where he recently launched ETFs. Andrew's company has become a great success and a pioneer innovator in exchange traded funds (ETFs) since its inception in 2010. His entrepreneurial success story was recently featured in a Bloomberg article: http://www.bloomberg.com/news/article...Learn about Andrew's path to success and his innovative ETFs in this 30+ minute interview!
Welcome to Dystopia Episode 10: Crony Capitalists/Warmongers of the World, Unite!!
Jason Burack of Wall St for Main St and independent financial journalist and managing editor of The News Doctors http://thenewsdoctors.com/, Eric Dubin are back for Episode #10 of the Welcome to Dystopia podcast! This is a long episode over 90 minutes. In this episode, Jason and Eric discuss:1) Glencore, base metals collapsing and emerging markets potentially collapsing2) China globalizing the Yuan even more with another new infrastructure system for the next global financial system https://www.rt.com/business/318103-china-payment-system-yuan/3) Deutche Bank http://thenewsdoctors.com/a-liquidity-crisis-hit-the-banking-system-in-september-dave-kranzler/4) The CME permanently banning 3 small HFT traders for manipulating gold and silver markets http://www.bloomberg.com/news/articles/2015-10-12/cme-group-permanently-bars-three-traders-for-exchange-violations5) The current bear market rally in stocks and how it probably won't last and how capital is being rotated into gold and silver stocksJason and Eric also discuss the Doctors Without Borders being bombed in Afghanistan after the US military built the building.
David Morgan: Why Glencore Could Be The Next Lehman
Wall St for Main St interviewed David Morgan, who is the editor of The Morgan Report and the co-author of The Silver Manifesto. In this podcast, we discussed the current state of the silver/gold market including the precious metals stocks. Also, we talked about Glencore and the impact it could have on the economy and commodities market. Plus much more!
October 2015: Listener Questions Answered
In this podcast, Wall St for Main St took the the time to answer a few questions from our listeners. We had a few questions on the inflation vs deflation debate, how to store gold/silver internationally, how to open a bank account off shore and much more!
Welcome to Dystopia Episode 9 w/ Greg Hunter: Economy & Markets on Verge of Imploding
Jason Burack of Wall St for Main St and independent financial journalist and managing editor of The News Doctors http://thenewsdoctors.com/, Eric Dubin are back for episode #9 of Welcome to Dystopia! In this episode, they interview special guest former investigative reporter for ABC & CNN and creator of the popular USA Watchdog website and You Tube channel, Greg Hunter http://usawatchdog.com/.Greg talks about his experiences working as an investigative reporter in the mainstream media and why the mainstream media is no longer objective. Greg says the media puts out lots of disinformation, half truth and intentionally lies by omission all the time. Jason asks Greg about what his listeners are telling him about the economy. Greg says many of his listeners are struggling mightily financially trying to keep their heads above water with rising bills. Greg emphasizes how we don't have a real functioning media anymore because they are no longer objective or tell the whole truth and hold people in high positions accountable.
James Corbett: Japan is Playing With Fire
In this 30+ minute interview, Jason asks James about why China is dumping US Treasuries?James thinks China felt it's currency dropped too much in value and it had to sell a large amount of its US Treasury holdings to stabilize the currency. Next, Jason asks James if he thinks Japan, South Korea and other Asian countries will retaliate against China in another round of currency wars for China's devaluation?James thinks the currency wars between Asian countries never stopped and will continue unabated. Jason then asks James why he thinks the Yen hasn't collapsed yet? They discuss Japan's debt problem and how Japan may be in the process of doing a debt for equity swap throughout their entire society. Jason then asks James about whether Japan is helping prop up the US stock market and US Treasury markets because there's a 1:1 correlation with the Yen falling and the US stock market rising. James thinks Japan's government does what they are told to help the US government and US markets out at Japan's own expense. Jason and James discuss the Chinese economy, their gold holdings and whether the Chinese government will collapse. James thinks the worse the Chinese government gets, the more physical gold holdings they will announce to keep the people calm and that if the Chinese economy were to totally collapse, it would accelerate the Chinese government being overthrown. To wrap up the interview, Jason asks James about Japan's investment in robotics and why the Japanese seem so interested in being the leaders in robotics.
Peter Grandich: "Don't Worry, Be Happy" Crowd is Thriving On Wall St
Wall St for Main St welcome back Peter Grandich, who is a former money manager, author and Founder of Peter Grandich & Company. In this podcast, we discussed the diminishing credibility of the Federal Reserve, the likelihood of the bubble bursting in the stock markets and why some professional athletes make poor financial decision. Plus much more!
Jerry Robinson: Main Street Investors Should Get Out of The Market Now
Wall St for Main St interviewed Jerry Robinson, who is the founder and editor of Follow The Money Daily. In this podcast, we discussed the recent comment from Bernanke on Wall St executives. He believed they should all go to jail for their role in the "Great Recession" but what about Bernanke himself? Also, we talked about the Trans-Pacific Partnership and what it means for Main Street. Plus much more!
Welcome to Dystopia Episode 8: Currency Wars w/ More Bombs Still to Fall!
Jason Burack of Wall St for Main St and independent financial journalist and managing editor of The News Doctors http://thenewsdoctors.com/, Eric Dubin are back for Episode #8 of Welcome to Dystopia! During today's episode, Jason and Eric discuss whether the Federal Reserve will raise interest rates (they didn't) but the odds were low they would. Jason and Eric talk about the empty promise the G20 just pledged to not engage in another currency warhttp://blogs.reuters.com/breakingview...Next, Jason and Eric discuss Brazil and emerging markets and how their currencies and economies are in free fall because of US Dollar denominated debt and falling oil and base metal prices. After this, Jason and Eric discuss China dumping US Treasuries so quickly and what this means.Jason and Eric discuss the 200+:1 paper to metal ratio on the COMEX and what that means. After that, they discuss how dire things really are for the gold and silver miners. To wrap up the show, Jason and Eric talk about this week's Scumbags of the Week Nominees. This week's nominees are:1) Venezuelan government for arresting someone for speaking out about the corruption and stupidity in their government and for Venezuelan citizens having to smuggle powdered milk into the country2) The Malaysian prime minister for having $700 million of public money now in his personal accounts3) US Government for even considering using Al Quaeda to fight ISIS/ISIL4) The nanny state of Maryland and local government in Maryland for charging a teenage boy with a 2nd degree assault charge for kissing a teenage girl at school https://reason.com/blog/2015/09/11/te...
Julia Tourianski: State Control Perpetually Increasing Until Collapse
Jason Burack of Wall St for Main St had on first time guest, Julia Tourianski. Julia runs the website Brave the World http://bravetheworld.com/ and is an active anti-state propagandist and proponent of Bitcoin. During this 30+ minute interview, Jason asks Julia about her background growing up in the Soviet Union in Russia before moving to Canada. Julia talks about her life in the Soviet Union, the problems with socialism and how she sees so much corruption in the US. Jason asks Julia about Canada and how Canada is copying the US and becoming a police state. Julia talks about how Canada is basically a lap dog of the US. Jason asks Julia why countries like the US are adapting more big government and socialist/fascist/totalitarian control over their population's lives when former Soviet Union countries have abandoned communism and socialism. Next, Jason asks Julia how she found Bitcoin and became a proponent of using and owning Bitcoin. Julia found Bitcoin using the Silk Road and then she learned Austrian School Economics from Mises Canada and on her own. Jason and Julia discuss what Wall St embracing Bitcoin could mean. Finally, to wrap up the show Jason asks Julia why there aren't more women Libertarians? Julia has some very interesting ideas on the topic. Julia thinks governments like the US will keep growing bigger and bigger until they can't adapt anymore then they will eventually collapse and die.
Nolan Watson: Opportunity in Crisis w/ Miners' Debt Problems
Jason Burack of Wall St for Main St had on returning guest, Co-founder, President & CEO of Sandstorm Gold http://www.sandstormgold.com/, Nolan Watson. Here's Nolan's full bio: Mr. Watson co-founded Sandstorm in 2008, prior to which he served as the Chief Financial Officer of Silver Wheaton Corp. In that role, Mr. Watson developed the silver streaming business model and helped raise over US$1 billion in debt and equity to fund Silver Wheaton's growth. Mr. Watson is a Chartered Professional Accountant (Valedictorian), holds the designation of Chartered Financial Analyst and received a Bachelor of Commerce degree, with honours, from the University of British Columbia. He has won numerous awards for his professional and charitable achievements including the Early Achievement Award by the Institute of Chartered Accountants of British Columbia, Canada's Top 40 Under 40 award, CEO of the Year by Business In Vancouver and the Queen's Diamond Jubilee Medal. Mr. Watson also serves as the Chairman of the Audit Committee of the board of Bear Creek Mining Corp. and as a director of TrueGold Mining Inc.During this 25+ minute interview, Jason asks Nolan about the dangers of trying to use debt to do new deals. Nolan talks about counter party risk with miners and how many miners took on way too much debt to bring very high cost mines online when gold and silver prices were way higher. Jason and Nolan discuss the gold mining industry at length and how well miners have cut costs, if they need to cut more costs to survive and if the miners can return to profitability anytime soon. Jason asks Nolan many questions about the gold mining industry and the current and future plans for Sandstorm Gold. This is a must listen if you own gold mining or silver mining shares, shares of gold and silver royalty and streaming companies or are thinking about doing so in the future!
Peter Schiff: We Need More Free Market Capitalism
Jason Burack of Wall St for Main St interviewed returning guest, best selling author, Austrian School Economist, investor and President & CEO of Euro Pacific Capital http://www.europac.com/, Peter Schiffhttp://www.schiffradio.com/. Peter has over 20 years of experience as a financial professional and is also Chairman of Schiff Goldhttp://schiffgold.com/ and Euro Pacific Bank.His full bio can be found here: http://www.schiffradio.com/about-peter/ and here:https://en.wikipedia.org/wiki/Peter_S...His best selling books include: Crash proof, Crash proof 2.0, How an Economy Grows and Why it Crashes, The Real Crash, and The Little Book of Bull Moves in Bear Markets and all these books can be bought on Amazon. During this 30+ minute interview, Jason first asks Peter about deflation and when in financial history have governments allowed it for a prolonged period of time? Peter says that in a fiat currency system with central banking, governments will not allow deflation or free market forces to correct many global imbalances for a long period of time without further intervention. Jason asks Peter about Harry Dent's views of deflation and Peter says that there will be deflation priced in gold as gold will gain purchasing power against other assets like stocks, real estate, other commodities, etc in the years to come. Next, Jason asks Peter about his newest book, The Real Crash, and why politicians won't allow wages and prices to fall naturally? Peter says politicians have made lots of campaign promises to get elected and if the economy crashes while they are in office they probably won't be re-elected. Jason then asks Peter about his article from last week http://www.europac.com/commentaries/f...Peter says China is unfairly being blamed for the stock markets going down in the US. After discussing Wall St and the mainstream financial media playing the blame game, Jason asks Peter about gold and what will be the catalysts to drive higher gold and silver prices?Peter thinks there will be a loss of confidence in the Federal Reserve and other central banks and people will abandon government currencies and other assets in favor of gold. Peter talks about his gold and silver backed debit card at Euro Pacific bank and how he has invested in new software and technology to improve the product and how it's different than Bitgold/Gold Money. To wrap up the interview, Jason asks Peter why many more Americans have read Karl Marx and Keynes instead of Mises, Hayek and Rothbard? Peter says socialism promises people something for nothing and gives adults an excuse to blame others for problems in their lives.
Charles Ortel: Market Volatility Is Only The Beginning
Wall St for Main St interviewed Charles Ortel, who is an investor, money manager and writer. In this podcast, we discussed the volatility in the stock market, the low oil prices and how it is affecting the nationalist oil countries like Saudi Arabia and Iran and we also talked about Charles six month investigation of the Clinton Foundation. His investigation found some shocking information on how the Clinton Foundation is being managed. Check it out!
Dan Steffens: Low Oil Prices Stimulating Demand
Jason Burack of Wall St for Main St had on returning guest, oil expert Dan Steffens of the Energy Prospectus Group https://www.energyprospectus.com/Dan has over 30 years of experience working in the oil and gas industry. During this 30+ minute interview, Jason asks Dan about OPEC and the oil cartel's power over the oil market? Dan says OPEC more specifically the Saudis has tried to intentionally bankrupt shale oil companies to gain market share but that OPEC is hurting financially now with these low oil prices.Dan thinks OPEC may cut production in the near future. Next, Jason asks Dan why M&A hasn't occurred in oil exploration and production companies? Dan expects that to occur in the near future after oil prices start to rise. Jason and Dan discuss the supply/demand fundamentals of oil. Dan says 25 times the amount of real oil is traded daily in paper oil. (Does this remind you of gold and silver futures markets?)Jason asks about potential dividend cuts from Chevron, ExxonMobil, etc. Dan doesn't think they will cut the dividend. To wrap up the interview, Jason asks Dan about the natural gas and the LNG markets as well as what types of oil companies are safe investments.
Welcome to Dystopia Episode 7: Buckle Your Safety Belts! Volatility is back!
Jason Burack and Eric Dubin return for Episode 7 of the new Welcome to Dystopia podcast. In this podcast, they talk extensively about market volatility reappearing in stocks after almost no volatility for the last few years. Jason and Eric discuss how all the major economies in the world are trying to manage or manipulate important markets. The stock market, the oil market and the gold and silver markets are discussed. With this increased intervention, Jason reads his "3 Most Important Rules for Investing in the New Normal" and how much rules changes going forward are going to be a difficult part to figure out. Next, Jason and Eric talk about the gold and silver mining sector and how there's a new article out talking about the cost of gold miners http://www.zealllc.com/2015/gm1200fl.htm and why it's not an accurate picture of the industry since the cyclical bear market for gold and silver (manipulated) started in 2011. Scumbag of the Week Nominees: 1) Former Subway sandwich pitch man and pervert/child porn aficionado, Jared Foglehttp://www.washingtonpost.com/news/mo...2) Government agencies and law enforcement practicing totally unjustified civil forfeiturehttp://photographyisnotacrime.com/201...3) Oligarch and president of the Ukraine, Petro Poroshenko breaks a key part of the Minsk II "peace treaty." See: http://thenewsdoctors.com/?p=499156
Jim Willie: Coming Oil Bust Bigger Than Sub Prime Collapse
Jason Burack of Wall St for Main St had on returning guest, editor of the Hat Trick Letter http://www.goldenjackass.com/, Jim Willie. Jim has been writing his newsletter about the global economy, gold, etc for over a decade and has had many successful predictions years in advance including predicting the 2008 collapse of US banks. During this hour+ long interview, Jason starts off by asking Jim if China is planning additional retaliation against the US after their couple of devaluations against the US Dollar for the RMB not being allowed into the SDR?Jim says the RMB will never be allowed into the SDR. Next, Jason asks Jim why do you think China, Russia and the BRICs haven't pulled the plug yet and what steps do you think need to be taken before they do it?Jim says China is currently dumping massive amounts of US Treasuries and they are requiring the RMB for trade settlement. Next, Jason asks Jim about why the oil price is falling and if the Saudis or OPEC hired Wall St to intentionally short the paper oil market? Jim thinks the Saudis and OPEC are pushing the oil price down to bankrupt US shale oil companies and also punish the US banks who loaned money and underwrote hedges for the US shale producers. Jim thinks the coming oil bust will not be contained and will be bigger than the US sub prime mortgage and housing crisis that spread into the US banking system, into all US real estate and across the globe. Next, Jason asks Jim about evidence of developing shortages in the physical silver market. Jim says the shortages will get worse as Wall St banks are destroying the precious metals mining sector. Jason and Jim discuss whether the covert price manipulation of silver is like a government mandated price control.After that, Jason asks Jim about US Secretary of State John Kerry's comments about the US Dollar losing its sole World Reserve Currency (WRC) status and why a high level US politician would admit that in public?To wrap up the interview, Jason asks Jim about Donald Trump, the Federal Reserve's bloated, growing balance sheet and if they are trapped and can ever raise interest rates and the gold market. Jason asks Jim why mainstream, Progressive billionaires like Stanley Druckenmiller are buying gold for the first time in their lives and why China only reported an increase in its gold holdings of 1600 tons?Jim Willie says we are in the 9th inning of the current financial system and global economy before the next global economic system is put into place.
David Jensen: ZIRP Leading to Collapse, Much Higher Gold & Silver Prices
Jason Burack of Wall St for Main St interviewed returning guest, precious metals expert David Jensen who owns a private mining company and also is a paid consultant in the precious metals mining industry. During this 50+ minute interview, Jason asks David about his views about the global economy. David talks about the consequences of zero interest rate policy or ZIRP caused by governments using financial repression to manipulate interest rates. David talks about John Exeter's inverse expansion pyramid and the importance of gold during an economic collapse because of no counter party risk from owning metal. David and Jason discuss inflation, deflation, base metals and the employment situation in the US.To wrap up the interview, Jason asks David a lot of questions about the gold and silver markets and also gold and silver miners. They discuss a COMEX default, if it's possible for silver shortages and how much money gold and silver miners are losing.
Michael Lebowitz: Has the Devaluation Carousel Come Off its Tracks?
Jason Burack of Wall St for Main St had on first time guest, the founder and managing partner of 720 Global http://www.720global.com/, Michael Lebowitz, CFA. (Chartered Financial Analyst) Michael's articles appear on Zero Hedge and he has previously worked in the financial industry trading bonds and derivatives at Fannie Mae for 15 years including during the 2008 financial crisis and he also ran a very successful investment firm for 8 years. During this 30+ minute interview, Jason asks Michael about his recent articles that have appeared on Zero Hedge about share buybacks. Michael calls them fraudulent. Jason and Michael discuss all the misallocations of capital in the economy. Jason and Michael have a long discussion about the current macroeconomic situation, deflation, inflation and currency wars. Michael is more of a deflationist right now although Jason got him to admit his bills are rising on many everyday items along with his property taxes. To wrap up the interview, Jason asks Michael would investors should be doing right now to protect themselves?
Jeffrey Tucker: Bitcoin Is Replacing Precious Metals As Safe Haven
Wall St for Main St interviewed Jeffrey Tucker, who is the Chief Liberty Officer and Founder of Liberty.me. In this podcast, we discussed the growing popularity of Bitcoin and he thinks Bitcoin will replace gold/silver as the safe haven for Main Street. We also talked about the debate of minimum wage, income inequality, his article on Donald Trump that went viral and much more!
Silver Doctor: Physical Silver Shortage Developing?
Jason Burack of Wall St for Main St had on returning guest "Doc" from Silver Doctorshttp://www.silverdoctors.com/ to talk about his article about a potential wholesale silver shortage. Here's the link to his article: http://www.silverdoctors.com/wholesal... so you can come to your own conclusions. During this 25+ minute interview, Jason asks Doc about the journey of silver and gold from the mine site to bars and coins at the bullion dealer. Then, they discuss Doc's controversial article about a potential shortage. Doc thinks through his sources there's evidence of a developing shortage. He thinks sentiment levels for precious metals are much worse than 2008. Jason and Doc discuss whether silver can ever be in a shortage and also discuss the supply/demand fundamentals of physical metal instead of the paper price.
Welcome to Dystopia Episode 6 w/ Kerry Lutz: Can't Accurately Predict When SHTF
Jason Burack of Wall St for Main St and co-host of the Welcome to Dystopia podcast, independent financial and geopolitical analyst, and the managing editor of The News Doctorshttp://thenewsdoctors.com/, Eric Dubin, had on former successful lawyer and entrepreur and current host of the very popular Financial Survival Network show http://financialsurvivalnetwork.com/, Kerry Lutz for this week's show.Financial Survival Network has over 14 million downloads on iTunes in only a few years since it was started. During this new episode of Welcome to Dystopia, Jason asks Kerry about how he found the Austrian School of Economics and became a Libertarian when he was a successful lawyer in NYC. Kerry talks about the Austrian School Economics and then Jason asks him about the problems with today's legal system. Kerry thinks the legal system continues to spiral out of control with power and corruption and is a symptom of the decline in the US. Jason asks Kerry about inflation and deflation and if he's surprised TPTB have been able to prevent another collapse for so long after 2008. Kerry says he's been very surprised and that it's impossible to accurately predict when the SHTF so people should prepare ahead of time. To wrap up the interview, Jason and Eric ask Kerry about how people can survive and thrive in this environment and solutions for people who can't afford to buy lots of different types of investments and inflation hedges to protect themselves and their families from what is to come. Nominees for Scumbag of the Week:1) The EPA for possibly intentionally dumping 3 million gallons of toxic sludge containing lead and arsenic into the Animas River in Colorado to gain extra Superfund cleanup money2) Many 20 something female teachers in the the US who are now getting caught having sex with 15 and 16 year old boys (there's at least a few of these cases per month now all over the US according to the NY Post stories and other sources)3) AT&T for being so eager to screw over its customers to help the NSA according to new info from Edward Snowden http://www.zerohedge.com/news/2015-08...
Dr. Kent Moors: OPEC Sovereign Wealth Funds Shorting Oil
Jason Burack of Wall St for Main St had on returning guest, oil and energy expert Dr. Kent Moors. http://oilandenergyinvestor.com/.Dr. Moors has over 30 years of experience working in the oil and energy industries in many different positions as well as a consultant for big oil companies, oil producing countries, etc.He's invited to important oil meetings in London, Dubai, etc. During this 40+ minute discussion about the oil market, Dr. Moors says there's absolutely ZERO evidence that oil demand has collapsed but rather that there's a small over supply of oil and he also drops a bombshell that the sovereign wealth funds of Saudi Arabia and other key OPEC countries have been shorting the paper oil price to try and bankrupt higher cost and debt laden US shale oil producers so OPEC and the Saudis can regain market share. Wall St then jumped on the trade on the short side and is convinced that oil will go much lower from these levels. Dr. Moors thinks many higher cost, bad balance sheet oil producers can survive maybe another 3 months of low prices before there's supply problems. Dr. Moors also reveals how many US shale oil producers were financed with similar collateralized debt obligations (CDOs) to sub prime housing! Oil demand is still also strong with 3% growth in car sales in China (down from 7% projected car sales growth which would have meant 25 million new cars on the road in 2015 in China alone) along with around 75 million new cars being added to the global fleet in 2015. Here's his latest free article on the oil market from last week: http://oilandenergyinvestor.com/2015/...He also has a paid oil and energy newsletter. The oil market is extensively discussed in great detail in this podcast along with natural gas.
Woody O'Brien: Entitlement Culture Destroying the US
Jason Burack of Wall St for Main St had on first time guest, former Wall St economist and money manager, Woody O'Brien. http://www.woodyknowsmarkets.com/ http://www.abolishfiatslavery.com/Woody is now a farmer in West Virginia where he also pays attention to commodities markets and invests in commodities and Woody has woken up to the Austrian School of Economics and is a Libertarian.During this 50+ minute interview, Jason asks Woody about his background and how he woke up. Woody says he was working on Wall St as an economist and a money manager when the technology bubble and 9/11 happened and he began asking honest questions the government was intentionally not answering. Woody talks about taxes and precious metals, about how government forces the taxpayer to pay for a bunch of things and entitlements that creates very bad incentives for people in the the US. Jason asks Woody about commodities and for how long so many commodities can sell below the cost of farmers, miners, etc?To wrap up the interview, Jason and Woody discuss inflation and deflation and how much longer the status quo can continue.
Dan Collins: Financial Repression Is Coming In China
Wall St for Main St interviewed Dan Collins, the Editor of The China Money Report. There are a lot of current events occurring in China, so we wanted you to have insights and analysis from Dan, who lives in China. In this podcast, we discussed the Yuan devaluation, currency wars, financial repression, China stock market meltdown, gold demand in China and much more!
G Edward Griffin: Big Ideological Battle Taking Place
Jason Burack of Wall St for Main St had on first time guest, American author, lecturer, and filmmaker, G Edward Griffin http://www.freedomforceinternational.... He is the author of the popular book, The Creature from Jekyll Island which was published in 1994. His full bio can be found here: https://en.wikipedia.org/wiki/G._Edwa...During this 30+ minute interview, Jason asks G Edward Griffin about when things really started to go badly in the US and if 1913 marked a key historical point? Griffin says the US Constitution was flawed and yet the US prospered for many, many years until collectivism started to massively accelerate during the Woodrow Wilson era. Jason then asks Griffin about Keynesian Economics and if deflation will be allowed for a long period of time?Griffin says there's a big, important ideological battle going on now between collectivism and people who oppose it.
Robert Rapier: $50/Barrel Oil Not Sustainable
Jason Burack of Wall St for Main St had on returning guest, oil and energy expert Robert Rapierhttp://www.energytrendsinsider.com/Robert has over 20 years of experience working in the oil and energy industry and has been a successful oil and energy investor for many years as well.During this 20+ minute interview they discuss the supply/demand fundamentals of oil, Petro Bras, shale producers surviving low prices, oil companies cutting dividends and also large oil companies dramatically writing down their oil reserves in the near future. Robert just put out a new article about oil companies writing down reserves:http://www.energytrendsinsider.com/20...To wrap up the interview, Jason and Robert discuss the natural gas market, nuclear power and where is the best places to invest in oil and energy right now.
Welcome to Dystopia Episode 5 w/ Bill Murphy: Silver Shortages In The Fall?
Jason Burack and Eric Dubin are back for Episode #5 of the Welcome to Dystopia podcast! Today's special guest is Chairman of the Gold Anti-Trust Action (GATA) Committee http://www.gata.org/, Bill Murphy. Bill also runs the popular investing website and newsletter at Le Metropole Cafehttps://www.lemetropolecafe.com/In this episode of Welcome to Dystopia, Eric and Jason ask Bill about the macroeconomic situation. Bill agrees with Bill Gross that all markets are manipulated. Next, Jason asks Bill about the gold and silver markets and how he discovered they were manipulated. Martin Armstrong's track record for market calls is also discussed.Bill has heard from his extensive list of bullion dealer contacts that there may be a large physical shortage of silver starting to appear before the end of the fall. This is for larger orders of physical silver.
Fabian Calvo: Crony Capitalists Are Ruining The Economy
Wall St for Main St welcome back Fabian Calvo, who is an entrepreneur and founder of Fabian4Liberty. In this podcast, we discussed the recent crash in the gold prices and the causes, the Greece debt crisis, the China stock market and much more!
Michael Covel: Why Americans Are Still Drinking The Government Kool Aid
Wall St for Main St interviewed Michael Covel, who is an entrepreneur, best selling author and trend trader. In this podcast, we discussed Greece unsustainable debt situation and how it differs from the U.S. debt problem, the lack of good leadership in Washington D.C. and the 2016 election to fix the economy and Michael will also talk about the basic of Trend Trading.
Jim Bruce: Money For Nothing (Inside The Federal Reserve)
Be sure to check out our other podcasts at www.wallstformainst.comWall St for Main St welcome Jim Bruce, who is the Writer/Producer/Director of Money For Nothing: Inside The Federal Reserve. In this podcast, we talked about Jim's recent documentary about the Federal Reserve and how their bad monetary policies created a lot of unintended consequences in the economy. We also talked about his experience interacting with the Fed members and what surprised him the most about them. Plus much more!To buy the movie, go to http://moneyfornothingthemovie.org/ and enter the code MAINSTREET for a discount!
Dave Kranzler: Enormous Bull Market in Wall St Corruption
Jason Burack of Wall St for Main St had on returning guest former Wall St bond trader, gold fund manager and creator of the popular investing website Investment Research Dynamicshttp://investmentresearchdynamics.com/, Dave Kranzler. Dave also recently started a new podcast with Rory Hall of The Daily Coin called Shadow of Truth. During this 40+ minute interview, Jason asks Dave about the Greek crisis (Grexit) and if Greece may be sacrificed like Lehman Bros was? Dave thinks the OTC derivatives market is being protected and a large effort being made to prevent the credit default swaps from being triggered. Next, Jason asks Dave about China now printing money to buy Chinese stocks. Dave says the US has already been doing it for years and Jason mentions how Japan also does it. Basically, all the major economies in the world have their central banks printing up currency to buy assets.Jason asks Dave why money managers on Wall St don't like to admit there's massive evidence of inflation in higher and higher asset prices? Dave says the financial livelihoods of these guys depends on not admitting asset prices are going higher because of money printing. Jason and Dave also discuss the oil market.To wrap up the interview, Jason asks Dave about the gold and silver markets, gold and silver miners, the TPP, Wall St Corruption and why China and Russia haven't already pulled the plug on the global financial system?
Josh Crumb: New Technology Allows Bitgold to Offer Personal Gold Standard
Jason Burack of Wall St for Main St had on the Co-Founder and Chief Strategy Officer of Bitgoldhttps://www.bitgold.com/, Josh Crumb. Josh is also a serial entrepreneur. His full bio is here: Josh Crumb is the co-founder and Chief Strategy Officer of BitGold. He is an entrepreneur with a background in early stage global businesses. Josh was previously the Senior Metals Strategist at Goldman Sachs in the Global Economics, Commodities and Strategies research division in London. He also held various positions within the Lundin group of companies, serving as Director of Corporate Development and Special Project Analyst for group chairman Lukas Lundin. Currently, Josh is a director of three Canadian listed public companies and plays a large role in many philanthropic organizations. He holds a Master of Science degree in Mineral Economics, a Graduate Certificate in International Political Economy, and Bachelor of Science degree in Engineering from the Colorado School of Mines.During this 25+ minute interview, Jason asks Josh why he and his co-founder of Bitgold, Roy Sebag decided to get into the gold business? Next, Jason asks Josh for an explanation of how Bitgold works. Josh says it allows for people to immediately buy and transact in gold close to spot prices, store in 6 vaults in different countries and also take delivery of the gold quickly even in small amounts. Josh thinks Bitgold allows the individual to be on a personal gold standard without governments backing their currencies with gold. To wrap up the interview, Jason asks Josh to address some very common and prevalent objections and misconceptions about Bitgold in the gold community and among gold bugs.
Welcome to Dystopia Episode 4 w/ Mogambo Guru: Corruption Always Rampant During End of a Boom
Jason Burack and Eric Dubin are back for another episode of Welcome to Dystopia! In episode 4, they host their first guest, Richard Daughty aka the Mogambo Guru, http://mogamboguru.com/Richard used to write for the The Daily Reckoning and he had a newsletter for many years. His archived articles can be found on the blog website above Junior Mogambo Ranger (JMR) Doug maintains. Here's Richard's bio: Richard Daughty (Mogambo Guru) is general partner and COO for Smith Consultant Group, serving the financial and medical communities, and the writer/publisher of the Mogambo Guru economic newsletter, an avocational exercise to better heap disrespect on those who desperately deserve it. The Mogambo Guru is quoted frequently in Barron's, The Daily Reckoning, and other fine publications.Mogambo's most recent piece was published a few days ago here on Lew Rockwell's website:https://www.lewrockwell.com/2015/06/r...Topics discussed on the show:* Is Mogambo Guru surprised TPTB have managed to kick the can down the road since 2008 without another major collapse?*Greece's Default and whether they are an intentional sacrificial lamb like Lehman Brothers was?*Political Corruption at all levels of government in the US*Gold and Silver Market Manipulation* TPP or Trans-Pacific Partnership and what's hidden in the agreement? *Jason's (unfortunate) dating and social life in DC are also discussed and Jason cited the mini documentary about how bad dating is in DC http://www.dated-series.com/. Eric and Richard both suggest Jason should move away ASAP. Stories and Nominees for Scumbag of the Week:http://www.thedailybeast.com/articles...http://www.cnn.com/2015/03/30/politic...
Dr. Murray Sabrin: Federal Reserve Created a Ponzi Scheme
Jason Burack of Wall St for Main St had on first time guest, finance professor, Austrian School Economist and US Senate candidate, Murray Sabrin, http://murraysabrin.com/Murray has a number of good documentaries out about taxation and the Federal Reserve available for free on You Tube. During this 30+ minute interview, Jason asks Murray about his background and how he found the Austrian School of Economics? Murray says he found Austrian School Economics by accident while on an airplane. He saw an article by Murray Rothbard about President Nixon's wage and prices controls in the 1970s. Jason then asks Murray about the problems with Keynesian Economics. Jason asks Murray if he thinks the 2 party political system is broken? Murray thinks there's very little difference between both parties and its been this way for decades. Jason and Murray then discuss inflation, deflation, stagflation, asset bubbles and whether the central planners will allow deflation for a long period of time without massive intervention? Murray talks about beneficial deflation in the economy and how Keynesians refuse to recognize any deflation as good. To wrap up the interview, Jason asks Murray if he thinks the people in power can kick the can down the road and keep printing for another 10 years? Murray thinks a tipping point is coming again like in 2008 in the next few years.
Jeff Brown: Economic Center of Gravity Is Shifting To China
Wall St for Main St interviewed Jeff Brown, who is the editor of 44 Days. Jeff is a China Analyst who lives in Beijing and he was able to give us an unique insight on what is happening to the Chinese economy and social structure. In this podcast, we discussed the volatility in the China stock exchanges, the latest on China real estate market and the so called ghost cities and the rise of robotics. Plus much more!Check out Jeff's web site at www.44days.net
Andrew Henderson: Why The American Dream is Dead
Wall St for Main St welcomed back Andrew Henderson, he is the Founder of Nomad Capitalist! In this podcast, we discussed why Andrew gave up his multimillion dollar business and moved abroad to start Nomad Capitalist. We also discussed how the U.S. is deteriorating economically and socially. Andrew will share his advice for people that want to live abroad as well. Plus much more!
Welcome to Dystopia Episode 3: Rise of the Robots & Automation
In this episode, Jason and Eric go in depth about robotics and automation and Martin Ford's new book on the subject, Rise of the Robots is talked about extensively. The book, Rise of the Robots, may be purchased here: http://www.amazon.com/Rise-Robots-Tec... or on audio book on Audible. Additional references about automation and robotics used or talked about in this podcast include: https://www.foreignaffairs.com/issues...http://www.oxfordmartin.ox.ac.uk/down...http://www.forbes.com/sites/timworsta...http://forwardthinking.pcmag.com/none...Many more academic white papers available on the subject, just Google " jobs lost to robots statistics."Also, take a look at the short You Tube documentary on robots and automation, Humans Need Not Apply. Jason and Eric extensively discuss robotics, why robots are improving so quickly now compared to decades past, what industries they might disrupt first and how to protect yourself from losing your income to automation and robotics.If you have additional ideas for show topics, comments or want to nominate a politician, bureaucrat or government agent for Scumbag of the Week Award, please use #welcometodystopia to get a hold of us on Twitter. Welcome to Dystopia logo contest is still ongoing. Article from this week's scumbag of the week award referencing training in China for handling corruption scandals: http://www.ibtimes.com/chinese-tycoon...
Ed Butowsky: Double Digit Annual Inflation In Many US Cities
Jason Burack of Wall St for Main St had on first time guest, money manager and financial expert Ed Butowsky. Ed's full extensive and impressive bio can be found here: http://www.edbutowsky.com/. Ed has 25 years of experience working in the financial industry and he created the Chapwood Inflation Index http://www.chapwoodindex.com/ to better accurately measure inflation in the US compared to the Bureau of Labor Statistics' Consumer Price Index (CPI). During this 20+ minute interview, Jason asks Ed about the problems with the CPI and why it no longer measures inflation accurately. Ed talks about all the games with the inflation formula, substitution, hedonics, geometric weighting, and not counting the basic Core items we need to survive like food, etc in the index. Jason then asks Ed for the methodology how he calculates his Chapwood Inflation Index. Jason asks Ed if he views the real economy as stuck in a worsening stagflation? Ed thinks we have entered a new type of stagflation that will get much worse going forward. He says the real economy is bad. To wrap up the interview, Jason asks Ed about financial education among professional athletes and about why professional athletes go bankrupt despite their very high incomes?Jason and Ed also discuss about beating inflation with your investments.
JS Kim: Unsound Money is the Root of All Evil
Jason Burack of Wall St for Main St had on first time guest, Managing Director and Chief Investment Strategist of Smart Knowledge U https://www.smartknowledgeu.com/, JS Kim. JS lives in Singapore now.During this 40+ minute interview, Jason asks JS Kim about unsound money and why in his 2010 book, The Golden Gift, he calls unsound money "the root of all economic discontent in the world."Jason and JS talk about how the long the people in power have been able to kick the can down the road, if China will go onto a full gold standard, how much gold China really has and Asian gold demand.
Louis Basenese: Technology Innovation Accelerating
Jason Burack of Wall St for Main St had on first time guest, technology analyst, investor and founder of Disruptive Tech Research http://www.disruptivetechresearch.com/, Louis Basenese. Louis' full bio can be found here: http://www.disruptivetechresearch.com...During this 30+ minute interview, Jason asks Louis about the 3d printing industry and why despite the many cool news stories coming out about new uses for 3 printing how the 3d printing stocks continue to fall. Louis expects further consolidation in the industry along with M&A from larger tech giants like HP to look into buying 3d printing companies in the near future. Next, Jason and Louis discuss robotics and whether the world has entered the golden age of robotics. Jason and Louis talk about investing opportunities in robotics as well as what types of jobs the robotics industry could potentially replace quickly. After robotics, Jason asks Louis about cyber security. Louis says it's good news for cyber security companies with all the news stories of hacks and data breaches seemingly not stopping in the news. Louis thinks companies will have to keep increasing their budgets for cyber security protection and thinks there's a large bull market there will lots of good investments. Jason then asks Louis about virtual reality and the Oculus Rift VR headset that will be included in X Box One. Louis thinks VR headsets will be used for more than just next generation video games. Drones, Driver-less Cars, Bitcoin and the Block Chain technology are also discussed and Jason wraps up the interview by asking Louis what are some his his favorite most disruptive technologies for the next five years? Louis says we will be harnessing Nicola Tesla's technology to charge wirelessly from 10-30 feet away in as soon as 1-2 years.
Welcome to Dystopia Episode 2: When Will the SHTF?
Jason Burack and Eric Dubin were back for another podcast of their new show covering markets, current events and political corruption. They have decided to name this new show, Welcome to Dystopia. Jason and Eric talk about Dystopia, what it means, its different scenarios, and how the title is mean to be funny and sarcastic. Jason and Eric discuss what they hope to do what the podcast, why the title makes sense and they have a new contest for creative and artistic listeners. Please create a new Welcome to Dystopia logo we can use for podcast backgrounds and possibly t shirts down the line. Maybe we can have the "Welcome to Dystopia" catch phrase become popular and used in everyday like like "Who is John Galt?" was used in the dystopian US in Atlas Shrugged. Jason and Eric answer a listener question about when the SHTF (shit will hit the fan) and what signs can we tell that something major is coming in the next 1-3 months?Jason and Eric also discuss whether Greece will default or whether the banks holding Greece's debt or derivatives based on Greece will be bailed out instead?Jason and Eric also discuss other topics including George Soros, Hillary Clinton and the Cyber Security breaches at the IRS and the federal government.
Jeff Nielson: Zero Percent Interest Rate Is Fraudulent
Wall St for Main St welcomed back Jeff Nielson, who is the editor of Bullion Bulls Canada. In this podcast, we discussed if the Federal Reserve have any ammo left if the economy crash again. Also, we talked about the gold/silver market and the ongoing manipulation by the central banks. Plus much more!
Jason Hamlin: Precious Metal Stocks Most Undervalued Sector
Jason Burack of Wall St for Main St had on Jason Hamlin, editor of Gold Stock Bullhttp://goldstockbull.com/ to talk about precious metals, precious metal mining stocks and where else he sees good investments in the markets right now. Here's Jason Hamlin's full bio: Jason Hamlin is the founder of Gold Stock Bull. Mr. Hamlin has a background analyzing charts and trends for the world’s largest market research company, is versed in fundamental and technical analysis and has consulted to Fortune 500 companies around the globe. Jason is a cycles investor, student of Austrian economics and speaks regularly at investment conferences throughout North America. The Gold Stock Bull newsletter is focused on finding junior mining companies that are undervalued relative to their peers.During this 20+ minute interview, Jason asks Jason about the long and painful correction in gold price and if he thinks the cyclical bear market is coming to an end based on his cycles research. Jason thinks gold has bottomed or is very close to bottoming and Jason discusses why he thinks gold stocks have bottomed. Jason asks Jason how long gold and silver miners can continue to produce at a loss when limited to no capital is available?Jason Hamlin gives some gold stock picks along with some other interesting stock picks in other commodities sectors. Jason also discusses technology and why he likes cyber security stocks a lot long term.
James Corbett: Next 100 Years Belong To Asia
Jason Burack of Wall St for Main St had on first time guest, editor of The Corbett Reporthttps://www.corbettreport.com/, James Corbett. James has lived in Japan for many years and James is also an editor/writer for The International Forecaster, which Bob Chapman used to write for many years before he passed away.During this 40+ minute interview, Jason asks James about Japanese culture, Japan's economy, inflation in Japan (CPI is played with there too like everywhere else) and also what's really happening at the nuclear reactors at the Fukushima Daiichi nuclear power plant. Jason and James discuss whether China really wants to 100% back its currency with gold and put the RMB on a gold standard or if China is merely content with accumulating more and more physical gold as insurance and savings to protect its other (paper) trade surplus investments.James has great insights on Japanese culture and about China and Asia. To wrap up the interview, Jason asks James if he thinks China has a good relationship with the US government and Wall St bankers?
John Rubino: The Fiat Currencies Are Dying Slowly
Please subscribe with WS4MS at our web site at www.wallstformainst.comWall St for Main St welcomed back John Rubino! He is the editor of Dollarcollapse.com and co-authored The Money Bubble with James Turk. In this pdocast, we discussed the recent annoucement by G7 to include the Chinese Yuan in the SDR and implication it will have on the dollar and the gold market. Plus, we talked about the devaluation of the Yen and if it will bring deflation to the U.S. economy. Plus much more!
Alasdair Macleod: PBOC Has At Least 20k Tons of Gold
Jason Burack of Wall St for Main St had on returning guest, Head of Research at Gold Moneyhttps://www.goldmoney.com/ Alasdair Macleod http://www.financeandeconomics.org/WE APOLOGIZE FOR THE AUDIO QUALITY AND PROBLEMS IN THE FIRST 10 MINUTES OR SO OF THE INTERVIEW! WE HAD SOME PROBLEMS WITH SKYPE CALLING ALASDAIR IN ENGLAND. During this 40+ minute interview, Jason asks Alasdair if he thinks China will announce a gold reserves update about its official public government gold holdings. Before Alasdair answers that question, he provides some background. Alasdair thinks the Chinese government/PBOC started accumulating massive tonnage of gold in the early to mid 1990s as it was getting ready to join the WTO. Alasdair does think China will update its official gold holdings soon but that China doesn't care very much if its currency gets into the SDR. Alasdair thinks China will eventually partially back its currency with gold (fractional gold standard?) and that China plans a separate SDR with other Asian economies. Jason and Alasdair also discuss where is the gold coming from, the financial struggles of gold miners, why deflation can't last for a long period of time and why it hasn't ever lasted in modern history for more than a few years and other interesting topics. They also discuss if the crack up boom has already started.
Erik Voorhees: Bitcoin Can Help A Lot With Cyber Security
Jason Burack of Wall St for Main St had on first time guest, Butcoin entrepreneur and investor, Erik Voorhees @ErikVoorhees http://moneyandstate.com/. Erik is currently CEO of ShapeShift.io and has ran or worked at other Bitcoin and block chain companies. Erik is also a Libertarian. During this 25+ minute conversation, Jason asks Eric how he became a Libertarian. Erik says he slowly noticed all the laws government was making about what people can and can't do and he became fed up. Jason then asks Erik how he found Bitcoin initially?Erik found Bitcoin and learned all he can about the technology. Despite not being a computer programmer or coder, Erik was able to find jobs and management positions at Bitcoin companies because he excelled at marketing. Jason then asks Erik many questions about Bitcoin like what industries can the block chain technology disrupt, can governments kill Bitcoin, are regulators in the US already over-regulating Bitcoin and is he worried that Wall St and Silicon Valley are now both embracing Bitcoin?Jason and Erik discuss the differences between Bitcoin and gold and whether they compete or compliment each other?To wrap up the interview, Jason asks Erik about his entrepreneurial success and what skills he thinks entrepreneurs need to achieve success.
Gordon T Long: Elites' Goal of Cashless Society Has Started War on Cash
Jason Burack of Wall St for Main St had on returning guest Gordon T Long http://www.gordontlong.com/to talk about the emerging global cashless society and the war on cash and savings the economic and political elites have started. Jason and Gordon also discuss financial repression, asset bubbles, if financial repression can last 10 years or more going forward, China's QE and financial repression goals and whether global central banks are fighting a currency war or their actions are all coordinated in this 50+ minute discussion.
Jim Willie: China Planning Trojan Horse
Jason Burack of Wall St for Main St had on returning guest, editor of The Hat Trick Letter found at Golden Jackass http://www.goldenjackass.com/, Jim Willie for another in depth interview. During this hour+ long interview, Jason asks Jim about major topics including: 1) Why are the banks and politicians moving things towards a cashless society?2) Why don't Keynesian economists consider asset prices going up a lot as evidence of inflation?3) China QE coming and China Gold Reserves update- Will China announce a public update to its gold reserves in the next 12 months to join the SDR basket? Does China plan to take apart the IMF from the inside out by joining the SDR while it builds the AIIB?4) Is there a global currency war or are governments & central banks coordinating things and taking turns with QE to devalue currency and prop up markets?5)George Soros says WWIII is coming soon between the US and China. Do you agree with him?6)Hillary Clinton scandals- Why do political elites like her get mostly a free pass from the mainstream media, justice department, etc?7)New Technology- Is it causing massive amounts of damage to the global economy while also stripping us of all our privacy and civil liberties? For answers to these questions and other interesting topics please listen to the interview!
Episode 1: Name This Podcast!
Jason Burack and Eric Dubin are launching a new podcast they plan to do 1-2 times per week! Please help name the podcast and you could win 1 Silver Eagle for helping us out! This podcast will cover interesting news and market topics that we view as important that the mainstream media is either not covering at all, not covering accurately, or is misleading the public about. This week's episode Jason and Eric discuss:1) Precious Metals Market Update2) China QE/ China's RMB being added into the SDR/ China updating its official gold reserves3) Greece Leaving the Euro4) Analysis of the Oil Market5) All the news items involving hacking and cyber security
Dr. Mark Thornton: Why Interventionism Is Bad For The Economy
Wall St for Main St welcome back Dr Mark Thornton! He is an Austrian Economist and a Senior Fellow at the Mises Institute. In this podcast, we followed up our discussion on the "Skyscraper Curse" from our previous podcast. We also talked about the 2008 financial crisis and if the economic would be different if the government and central banks did not intervene. Plus much more!
John Tamny: US Congress Can't & Shouldn't Invest
Jason Burack of Wall St for Main St interviewed John Tamny who is the Political Economy editor at Forbes, editor of RealClearMarkets.com http://www.realclearmarkets.com/, plus a senior economic advisor to Toreador Research & Trading. John writes a weekly column for Forbes that is available here: http://www.forbes.com/sites/johntamny/John also has a new book out called, Popular Economics: What the Rolling Stones, Downton Abbey, and LeBron James Can Teach You about Economics, with outstanding reviews on Amazon:http://www.amazon.com/gp/product/1621...During this 25+ minute interview, Jason asks John about conventional economics (Keynesian) and if it's overly complicated?John thinks the current economics taught in most universities is far foo complicated and that real economics is much simpler. Jason and John talk about the Austrian School of Economics and how many people can easily read the introduction book to Austrian School Economics, Economics in One Lesson, by Henry Hazlitt. Jason and John talk about Economics in One Lesson and John says how his goal with his new book, Popular Economics, was to make a more modern version of Economics in One Lesson, with modern stories. Jason and John discuss the Amtrak derailment and why does government even own trains in the first place? John says lower taxes on small business and less regulations will allow the private sector to create more jobs and allow the economy to fix itself. Jason and John also discuss the plight of Millennials, many of whom have 6 figures in student loan debt.
Doug French: Big Government & Central Planning Destroying Society
Jason Burack of Wall St for Main St had on former President of the Mises Institute, former banker and author Doug Frenchhttps://mises.org/profile/doug-french to discuss the Austrian School of Economics perspective/free market analysis on many recent current events including the Baltimore riots, the Amtrak derailment, Hillary Clinton scandals and many other interesting topics. Doug thinks big government, central banks and central planning are destroying society and the middle class in the US.
Nomi Prins: QE Is Coordinated & Has Gone Global
Jason Burack of Wall St for Main St welcomed back returning guest, former Wall St executive, whistle blower and author Nomi Prins http://www.nomiprins.com/During this 40+ minute interview, Jason starts off by asking Nomi about her new book, All the Presidents' Bankers, and according to her research when did Wall St try to start buying off/controlling US presidents. Nomi talks about how she started her book in the late 19th century (1800s) and bankers like JP Morgan started cozying up up to bankers then and they ran in the same social and partying circles. Nomi talks about how money and political power enjoy each other's company. Jason and Nomi talk about the Creature from Jekyll Island and then about FDR and how FDR secretly met with lots of Wall St bankers according to Nomi's research for her book. Next, Jason and Nomi discuss corruption on Wall St and if it has increased since Nomi first began her career on Wall St in the 1980s. Nomi thinks corruption has increased massively because of the opaqueness of derivatives and financial products. Jason and Nomi discuss why corruption increased and Jason asks Nomi if the banks don't fear failure because of the Federal Reserve backstopping them.Jason and Nomi discuss the role central banks like the Federal Reserve play in allowing bankers, hedge fund managers, etc to take enormous risk and not fear being fired, going to jail, etc. Next, Jason and Nomi discuss the global economy and why she thinks China is close to announcing a large QE program. Nomi thinks central bankers are coordinating their QE programs to help keep interest rates low and asset prices propped up. She thinks this can continue at least for awhile longer until interest rates go to zero in every major economy. Jason asks Nomi about why China, Russia and other G20 countries are creating the Asian Infrastructure Investment Bank, an alternative SWIFT system and doing enormous currency swaps and bilateral trade agreements. Nomi thinks many economic and political elites know the status quo is collapsing. To wrap up the interview, Jason and Nomi talk about the sickening amount of corruption in politics and if anything can be done to reduce the corruption.
Turd Ferguson: China May Not Announce Updated Gold Reserves Anytime Soon
Jason Burack of Wall St for Main St had on returning guest Craig Hemke aka Turd Ferguson of the TF Metals Report http://www.tfmetalsreport.com/ to talk about the gold market and China. During this 20+ minute interview, Jason asks Craig if he thinks the Shanghai Gold Exchange will eventually replace the LBMA and COMEX for setting the global gold price. Craig thinks it's inevitable and a question of when and not if this happens. Next, Jason asks Craig where he thinks all the gold the US exports is coming from?Craig says the US and UK are both exporting way more gold than they mine per year. Jason and Craig discuss the SDR, metals markets and the global financial system and what role China is going to play going forward.
Charles Goyette: Ron Paul Documentary Coming Soon!
Best selling author, Austrian School Economist and financial and political commentator Charles Goyette http://charlesgoyette.com/ returned for an interview about the Baltimore Riots, corrupt politicians like Hillary Clinton and potential conflict in the Ukraine.Charles is the first person to get Ron Paul's endorsement for an official documentary about Ron Paul, his life and his views. A recent Kick Starter campaign to raise money for the documentary is here if anyone wants to donate: https://www.kickstarter.com/projects/...
Eric Sprott: Central Planners Desperate To Keep Game Going
Jason Burack of Wall St for Main St had on returning guest, former top hedge fund manager and chairman of the Sprott group of companies http://www.sprott.com/, Eric Sprott. During this 25+ minute interview Jason asks Eric about his expert opinion on many important topics including interest rates and financial repression, what's really going on in the US economy, Bitgold, production costs for gold and silver miners, and a review of the fundamentals of the gold and silver market. Eric thinks anything can be manipulated now for awhile in markets and no major liquidations are allowed anymore. Jason also asks Eric if he thinks China wants the SDR or if China plans to destroy the SDR from the inside?Eric thinks China is only temporarily joining the SDR and eventually wants the world reserve currency itself.
Dan Steffens: Cheaper To Buy Oil On Wall St Than Drill For It
Jason Burack of Wall St for Main St had on returning guest, Dan Steffens of Energy Prospectus Group https://www.energyprospectus.com/ Dan has over 30 years of experience working in the oil & gas industry and has great contacts in the industry. During this 30+ minute interview, Jason and Dan discuss the fundamentals of the oil market, how many acquisitions could take place in the oil market in the next 6-12 months and where Dan sees good value in the oil and natural gas markets including some stock picks!
David Bach: Why Couples Fight About Money
Wall St for Main St interviewed personal finance guru,author, founder of FinishRich.com and Vice President of Edelman Financial, David Bach. In this podcast, David goes into depth about the reasons why couples fight about fight and how it fix it. We also discussed how couples can plan for retirement and the common mistakes they would make.Be sure to check out David's web site at http://www.edelmanfinancial.com/ and www.finishrich.com A nine-time New York Times best-selling author with eleven national bestsellers, David Bach has helped millions of people around the world take the actions necessary to live and finish rich. He is a regularly featured financial expert in the media and has contributed to and appeared on multiple shows, including The Oprah Winfrey Show and NBC’s Today Show. He has also been profiled for his expertise in major publications and has produced and hosted public television specials, including Smart Women Finish Rich and Start Late, Finish Rich, as well as was the former host of The FinishRich Minute and Finish Rich with David Bach.
Steve St Angelo: Gold & Silver Miners Running Out of Ways to Cut Costs
Jason Burack of Wall st for Main St had on gold and silver mining and oil and energy expert, Steve St. Angelo of the SRSRocco Report http://srsroccoreport.com/ on for an in depth interview. During this 50+ minute interview, Jason asks Steve about the costs to operate a modern primary gold and primary silver miner. Jason and Steve discuss how since ore grades have fallen so much over the decades how they have made it difficult for miners for have high margins. Jason asks Steve how miners have survived in the past when gold and silver were below their all in production costs in the mid 90s. Steve cites one miner, Coeur D'Alene Mining, who sold hundreds of millions more shares diluting shareholders to survive. Jason and Steve discuss whether miners can sell many more shares in this environment. Jason doesn't think that's likely considering what he hears from his contacts in Toronto and Vancouver where miners normally get financed how there's basically no debt or equity available anymore, except in small amounts at penalty/punitive rates. Jason asks Steve about primary copper miners and what will happen to the gold and silver by-product when the hedges of copper miners come off line and copper miners go bankrupt or shut down mines. Steve thinks this could cause a supply squeeze in the near future unless gold and silver prices rise. Jason and Steve talk about the fundamentals of the market how demand for physical is rising, while the paper price is controlled and how miners are struggling mightily financially just to not go bankrupt soon. To wrap up the interview, Jason and Steve discuss the oil and energy markets, peak oil and how the fracking boom is about to turn into a fracking bust because US shale oil companies are not making a profit without their hedges, they have too much debt and the energy returned on energy invested (EROEI) in shale oil is poor compared to other oil production. Steve and Jason also talk about solar power and how it's probably not a panacea to replace oil and natural gas, at least not until the battery problem is solved. Most rare earths mining is done in China to produce solar panels, making them not as environmentally friendly as people think and silver industrial demand should grow the more solar panels are used.
Mish Shedlock: Global Currency Crisis Coming Soon
Jason Burack of Wall St for Main st had on returning guest, Mike "Mish" Shedlock http://globaleconomicanalysis.blogspo.... Mish is a registered investment advisor representative for Sitka Pacific Capital Management and he has one of the top and most popular websites about the economy and investing online.During this 40+ minute interview, Jason asks Mish about interest rates and financial repression and if he thinks the Federal Reserve is trapped and can they meaningfully raise interest rates? Mish says the Fed would probably never admit they are trapped and is probably too stupid to know they are basically trapped. Jason and Mish discuss financial repression in the US, Japan, etc. Next, Jason asks Mish about his recent article about the pension plan crisis developing in the US. Mish and Jason discuss if asset price inflation is intentionally being done to help generate higher returns for pension funds?After this, Jason asks Mish about asset price inflation, bubbles and where Mish still sees value in markets. Mish likes gold, gold miners, Japanese stocks most. Jason asks Mish about the oil market and they discuss job losses because of the US shale oil bust is happening now even though oil may have bottomed. Jason and Mish then talk about inflation, currency wars, deflation and currency pegs.Mish says Keynesian central bankers will do almost anything to fight deflation and that ultimately this will lead to a global currency crisis in the near future.To end the interview, Jason asks Mish about the SDR and if CHina wants the World Reserve Currency? Mish says China doesn't want the burden of the world reserve currency, at least not anytime soon.
John Ciampaglia: New Sprott Gold Mining ETFs Are Efficient Way To Buy Gold
Jason Burack of Wall St for Main St had on Sprott http://www.sprott.com/ Executive VP of Corporate Development, Head of ETFs and Chartered Financial Analyst (CFA), John Ciampaglia. During this 20+ minute interview, Jason asks John why ETFs have become popular versus mutual funds. Jason asks John about the 2 new Sprott gold mining ETFs and their methodologies. Each ETF updates either quarterly or every 6 months. Unlike many other ETFs, which are market cap weighted, Sprott's gold mining ETFs have a different qualitative methodology looking for better gold miners instead of just bigger gold miners. Jason and John discuss whether mutual funds are dinosaurs since many mutual funds underperform their benchmark index due to management fees and other hidden fees.
Joe Meyer: Investors Should Be Wary As The Market Soars
If you subscribe with Joe's newsletter now and you will get the 2014 year end edition as a bonus. http://straightmoneyanalysis.com/Wall St for Main St interviewed Joe Meyer, who is a former Money Manager and the Editor of The Straight Money Analysis. In this podcast, we discussed the change in the culture in Wall Street from the 1970s to today and how it has affected the market. Also, we talked about the potential exit of Greece from the Euro,the overvalued stock market and how investors can take caution. Plus much more!
Dave Skarica: Dangerous Financial Engineering Everywhere
Jason Burack of Wall st for Main St had on returning guest, hedge fund manager, author and newsletter writer of Addicted to Profits http://addictedtoprofits.net/, Dave Skarica. Dave's newest book out is, Collapse! How the Federal Reserve Created Another Stock Market Bubble And Why It Will Collapse. During this 50+ minute discussion, Jason asks Dave about his newest book, Collapse, and why the stock market hasn't collapsed yet? Dave talks about flight capital leaving other countries to come into the US and how central bankers are helping prop up asset markets. Dave doesn't think this is sustainable and that the US stock market is long overdue for a nasty and deep correction in the near future. After this massive correction or crash, Dave thinks the Federal Reserve instead of threatening to raise interest rates, will instead go for QE4 to try and manipulate interest rates lower using financial repression.Dave thinks much more painful stagflation is in the future for the US and most of the rest of the world once the US Federal Reserve reverses course. Next, Jason asks Dave if it's become increasingly more difficult to be a contrarian investor and a value investor with the Federal Reserve and other Keynesian central banks all around the globe trying to boost asset prices with QE, Wealth Effect, etc. Dave thinks it's a lot harder to be a contrarian now and Jason and Dave discuss the investing philosophy and methodology of one of the world's most famous investors, Sir John Templeton. Jason and Dave also have a long discussion about financial engineering and how it's become pervasive both in corporate America and also by governments and their central banks. Next, Dave talks about the markets he is current buying and where he sees value. Jason and Dave discuss oil, coal and the precious metals during the rest of this interview.
Eric Dubin: Propaganda, Bread & Circuses At All Time High
Jason Burack of Wall St for Main St had on returning guest, editor of The News Doctorshttp://thenewsdoctors.com/ and former technology executive, Eric Dubin.During this 50+ minute long discussion, Jason asks Eric about the goals and logic of the US' foreign policy? Eric talks about the past strategies of the Roman Empire and the British Empire for divide and conquer and controlled chaos strategies to weaken key areas the US wants to control. Jason and Eric talk about how Machievllian US foreign policy is and how the US collects people in power in countries like the Ukraine as puppets. Next, Jason asks Eric about Hillary Clinton and her scandals and how the mainstream media is trying to help her become the next president in the 2016 elections. Eric says how the propaganda from the mainstream media is at an all time high and how bread ad circuses combined with the propaganda and lies about many things including how well the economy is doing is allowing Wall St and the US government to do whatever it wants because most Americans still don't have a clue about what's really going on or they don't care or they are blind ideologues. To wrap up the discussion, Jason and Eric talk about the SDR, the new Asian Infrastructure Investment Bank (AIIB) and precious metals.
Dave Kranzler: Amazon.com A Giant Ponzi Scheme?
Jason Burack of Wall St for Main St had on former Wall St bond trader, gold fund manager and investment analyst, Dave Kranzler of Investment Research Dynamicshttp://investmentresearchdynamics.com/Dave also has started the new Shadow of Truth Podcast with Rory Hall of The Daily Coin. During this 40+ minute discussion, Jason asks Dave if he thinks the Fed is trapped about raising interest rates? Dave thinks the Fed cannot raise rates meaningfully and will most likely eventually have to end up lowering rates further on the yield curve towards zero. Jason and Dave discuss financial repression and how the US, UK, EU and Japan are all committed to financial repression with artificially manipulated interest rates. Next, Jason asks Dave about the housing market and the real economy. Dave cites how Realty Track, which is normally always bullish real estate, recently said ~35% of American homes still have negative equity because of mortgages. Dave and Jason talk about new government schemes to try and force younger adults with their first full time job to try and buy a house to keep the asset bubble going.Next, Jason asks Dave about Amazon.com and why he thinks their accounting is bad? Dave talks about how Amazon has to have revenue growth at all cost in order to pay off debt and other obligations and expenses. To wrap up the interview, Jason and Dave discuss the Gold and silver markets and how much longer miners can survive with lower prices?
Jason Kelly: The 3% Signal
Wall St for Main St interviewed best selling author and newsletter writer, Jason Kelly. Jason recently published a new book The 3% Signal. In this podcast, we discussed the Japanese economy, the stock market and bond market in Japan and how the Fukushima crisishas affected Japan. Plus we will go into detail about Jason's unique investing strategy from his new book. Plus much more!Be sure to check out Jason's new book at http://jasonkelly.com/
Keith Neumeyer: No Price Discovery In Silver
Jason Burack of Wall St for Main St had on returning guest, President and CEO of First Majestic Silver http://www.firstmajestic.com/s/Home.asp, Keith Neumeyer to discuss the silver market, silver miner's production costs and his companies.Keith's full bio can be found here: http://www.firstmajestic.com/s/Manage...During this 20+ minute interview, Jason asks Keith about the supply/demand fundamentals of silver, whether they have changed drastically in the last few years, about the production costs of silver miners worldwide, and how hard it is for the industry and for his mining company to cut costs. Keith also tells Jason about his new company, First Mining Finance Corp, which recently went IPO.
Rob Kirby: Debt Problem Destroying Society
Jason Burack of Wall St for Main St had on returning guest, derivatives expert, precious metals expert, former Canadian broker, investment banker and trader, Rob Kirby of Kirby Analyticshttp://www.kirbyanalytics.com/During this 40+ minute interview, Jason asks Rob about what's going on in the gold market. Rob says all the physical gold is moving from West to East (China, India, Russia, Middle East, Asia, etc) while the paper price of gold doesn't reflect the supply/demand fundamentals. Rob thinks in the near future Western central banks will run out of gold to sell to Asia. Jason and Rob discuss what happens to the gold and silver markets if a lot of gold and silver miners go bust and what that would do to supply. Next, Jason asks Rob about why the OTC derivatives market hasn't collapsed yet. Rob points to stealth money printing in many forms including currency swaps, by covert groups like the Exchange Stabilization Fund (ESF), Bank of International Settlements, etc to keep asset prices in stocks, bonds and real estate propped up and to make banks appear solvent with fake accounting. Rob says many trillions in backdoor bailouts has been printed to prevent the ~$800 trillion or so in interest rate swap contracts in the OTC derivatives market from collapsing everything.Jason and Rob discuss end game for the current global financial system and what the next system may look like. Finally, to wrap up the interview, Jason asks Rob if debt and debt based fiat currencies can destroy society and destroy the fabric of society with moral decay.
Robert Rapier: Shale Oil Bankruptcies Coming Soon
Jason Burack of Wall St for Main St had on returning guest, oil and energy expert Robert Rapier on for another in depth discussion of the oil market.
Jeff Siegel: How Tesla Could Explode The Solar Industry
Wall St for Main St interviewed Jeff Siegel, who is the managing Editor of Green Chip Stocks and Energy and Capital. In this podcast, we discussed how Tesla could help the solar industry with their latest technology! Plus, we talked about Water investing and much more! Check out Jeff's web site at http://www.greenchipstocks.com/
James Turk & John Rubino: Crack Up Boom Has Started
Jason Burack of Wall St for Main St had on a special treat, co-authors of The Money Bubble, James Turk founder of Gold Money http://www.goldmoney.com/ and returning guest and former Wall St analyst, John Rubino http://dollarcollapse.com/ for this in depth, 40+ minute round table discussion. James Turk and John Rubino also co-authored Dollar Collapse, which was written before the financial crisis of 2008 and it predicted banks and home prices would collapse. The Money Bubble is now available in full, unabridged audio book over on Audible and can be purchased here: http://www.audible.com/pd/Nonfiction/...The book is also available on Amazon as an eBook or a regular hard cover. This in depth discussion talks about currency swaps and their more frequent use and why they are being used more frequently, financial history, manipulating interest rates by global central banks who want to maintain financial repression, currency wars, inflation, deflation, asset price inflation and gold!
Silver Doctor: Professionals Still Buying Precious Metals
Jason Burack of Wall St for Main St had on returning guest 'Doc' from the popular precious metals news website Silver Doctors http://www.silverdoctors.com/ and owner of SD Bullion.During this 35+ minute interview, Jason asks Doc about the sentiment for gold and silver in the West since he deals with customers who buy physical gold and silver. Doc thinks sentiment levels are worse in the US and the Western world than in 2008. He thinks Wall St, investment banks, governments and central banks have tried to intentionally manipulate sentiment, but that many professional investors are still accumulating physical precious metals every month or on dips. Jason and Doc discuss Ted Butler's theory on JP Morgan owning over 40 million oz of physical precious metals, whether silver miners are in trouble financially, if pure deflation will be allowed for how long and how well gold performs during deflation.
Chris Marchese: Gold and Silver to Grind Higher
John Manfreda of Wall Street for Main Street interviewed Chris Marchese who is an economics and equity analyst for the Morgan Report, and co-author of the recently released Silver Manifesto. They discussed, the birth place of paper money, money supply and how it correlates to GDP growth, the free banking era in the US, deflation, the U.S. economy, if the Fed could raise rates, what the recent rise of the dollar means, the new Asian infrastructure bank, the PM market and why it might be turning, and John finished the interview by asking him are the miners the cheapest they have ever been in his finance career. To find more information on Chris Marchese, please go to http://www.silver-investor.com/
Rick Rule: California Water Shortage Is A Opportunity For Investors
Mo Dawoud of Wall St for Main St welcome back RIck Rule, who is the President and CEO of U.S. Sprott Holdings. In this podcast, we discussed the unemployment problem in the U.S. economy, the California water crisis, Allied Nevada bankruptcy and how it affect the industry and much more!
David McAlvany: Emerging Markets Are the New Sub Prime?
Jason Burack and John Manfreda of Wall St for Main St had on returning guest David McAlvany of McAlvany Financial http://mcalvany.com/ and the famous McAlvany Weekly Commentary http://mcalvanyweeklycommentary.com/. David is a 2nd generation money manager and David's father, Don, was the first American to start selling precious metals when the ban was lifted in 1974 during the last major gold bull market.
Richard Ebeling: More Centrally Planned Credit Bubbles Coming Soon!
Jason Burack of Wall St for Main St interviewed Austrian School Economist and author Richard Ebeling. Richard is currently the BB&T Distinguished Professor of Ethics and Free Enterprise Leadership at The Citadel in Charleston, South Carolina.Richard's full bio can be found here: http://en.wikipedia.org/wiki/Richard_...Richard's weekly articles can be found here: http://www.epictimes.com/richardebeling/He also writes Austrian School of Economics books and occasionally writes for the Mises Institute. During this 30+ minute interview, Jason asks Richard to explain the differences between the 3 major schools of economics: Keynesian, Monetarist and Austrian School of Economics. Richard goes in depth and into great detail on the origins and core philosophies of all 3 major schools of economic thought.
Martin Armstrong: Government Is The Real One Percent
John Manfreda of Wall Street for Main Street interviewed Martin Armstrong from Armstrong Economics. They discussed his new movie "The Forecaster and its overseas popularity, the stock market were its going and why it is rising, flight capital, the euro and why Martin thinks the Euro is collapsing, Japan, government corruption and why he thinks a third party will rise soon, and lastly, Martin talks about Gold and what price the bottom will be at, and when it will resume its bull market. If you are interested in learning more about him, check out his website athttp://armstrongeconomics.com/
Peter Schiff : Dollar Too Strong, QE4 Coming
John Manfreda of Wall Street for Main Street interviewed Peter Schiff President of Europacific Capital, Europacific Bank, and Schiffgold. They discuss the most recent jobs report, student loan bankruptcies, Federal Reserve interest rates, global QE, gold, Austrian economics, why professionals follow Keynesian economics and don't read Austrian economics, the rise of the internet and more.
Gerald Celente: Politicians Are All Liars & Thieves
Jason Burack of Wall St for Main St interviewed Gerald Celente, Publisher of the Trends Journal http://trendsresearch.com/During this 20+ minute interview Jason asks Gerald about the latest of the many Hillary Clinton scandals and why nothing serious ever seems to stick to Bill and Hillary Clinton? Gerald thinks the press loves her and she's protected most of the time by the media. Jason and Gerald discuss whether Hillary will still run for President in 2016.Next, Jason and Gerald discuss the corruption of both political parties. Gerald calls all politicians liars and thieves. Jason and Gerald discuss whether a viable 3rd political party will appear in the near future. Jason thinks the party will be purely Libertarian while erald thinks it will be Progressive Libertarian. Jason then asks Gerald about why the US is going so hard after Putin and Russia? Gerald says the people in DC are sociopaths.Jason also asks Gerald why whistle blowers like Edward Snowden and Bradley Manning who are trying to positively reform the government are treated like criminals. To wrap up the interview, Jason asks Gerald if he thinks the US middle class is being intentionally destroyed.
Frank Curzio: No Technology Bubble...Yet
Jason Burack had on first time guest, newsletter writer and investment analyst Frank Curzio http://www.frankcurzio.com/.Frank has one of the top investing podcasts on iTunes. Frank's father was a famed newsletter writer and value investor before the internet and Frank worked on Wall St. Frank has also worked for TheStreet.com with Jim Cramer and also with Porter Stansberry. During this 40+ minute discussion, Jason and Frank start off by discussing the natural resources industry specifically gold, silver and oil. Jason asks Frank if he thinks there's more pain and bankruptcies ahead for the gold and silver miners after Allied Nevada declared bankruptcy this week. Jason and Frank discuss investing in oil stocks, how to do proper risk control and how difficult it is to be a value investor in resource stocks. Next, Jason asks Frank about the technology sector and if he thinks it's in a bubble like in 1999 like Mark Cuban has recently claimed. To wrap up the interview, Jason asks Frank about the valuations on large cap dividend stocks. Frank thinks most large cap dividend stocks are overvalued but that they will become even more overvalued going forward.
Daniel McAdams: US Foreign Policy Hurting US Companies Abroad
Jason Burack of Wall St for Main St interviewed the Executive Director of the Ron Paul Institute of Peace and Prosperity http://www.ronpaulinstitute.org/, Daniel McAdams. Daniel served as the foreign affairs, civil liberties, and defense policy advisor to U.S. Congressman Ron Paul, MD (R-Texas) from 2001 until Dr. Paul’s retirement at the end of 2012. From 1993-1999 he worked as a journalist based in Budapest, Hungary, and traveled through the former communist bloc as a human rights monitor and election observer. During this 30+ minute interview, Jason asks Daniel about why would the US declare economic war against Putin and Russia? Jason and Daniel have a very interesting discussion about the blind ideology in DC, the petro dollar and why the US' foreign policy doesn't always seem to make sense. Daniel says the US' foreign policy is hurting the ability of US companies to do business in other countries.
Jeff Berwick: Diversify Your Assets Globally While You Still Can
Jason Burack had on returning guest Jeff Berwick founder of Dollar Vigilante http://dollarvigilante.com/ and the popular Anarcho-Capitalist podcast, Anarchast http://anarchast.com/During this 40+ minute interview, Jason asks Jeff why the global financial system hasn't collapsed yet? Jeff says a lot of money has been printed to keep the game going longer but that he would be surprised if things last another 5-7 years. Jason and Jeff discuss Keynesian Economics and the brainwashing of children in schools in the US to allow the government to do almost anything it wants. Next, Jason asks Jeff if Austrian School Economist and founder of anarcho-capitalism, Murray Rothbard (if he were still alive) would be surprised the game has been kept going longer than expected? Plus much more!
Jim Willie: Interest Rates Will Never Rise
Jason Burack of Wall St for Main St had on returning guest, editor of the Hat Trick Letter http://www.goldenjackass.com/, Jim Willie.During this discussion, Jason asks Jim about why would the US declare economic war against Russia and Putin. In other words, why would the US poke the bear? Jim points to the petro dollar and says how the French Total CEO was assassinated on Russian soil and it was made to look like Putin did it. Jason then asks Jim about financial repression in the US, UK, Japan and the EU and how long these developed countries' central banks can keep interest rates down and drop them and the yield curve further? Jim says as long as this debt based fiat currency system continues with QE, etc interest rates will NEVER rise again until everything blows up and collapses. Jason and Jim discuss losing personal freedoms in the US, gold inflation vs deflation and if the European Union will break up in this in depth interview.
Grant Williams: Federal Reserve is Trapped & They Know It!
Jason Burack had on first time guest newsletter writer, entrepreneur and financial services veteran Grant Williams http://ttmygh.com/. Grant writes the very popular Things That Make You Go Hmm newsletter and he also started a new entrepreneurial venture called Real Vision TV https://realvisiontv.com/ to educate people more about investing and markets. This in depth, fascinating 50+ minute discussion talks about interest rates and the Federal Reserve, financial repression, ECB QE, The Euro breaking apart, black swans, volatility, global currency wars, financial history and gold!
Dr. Marc Faber: Employment Numbers Are BS
John Manfreda and Jason Burack of Wall St for Main St had on returning guest Editor and Publisher of the Gloom, Boom & Doom Report http://www.gloomboomdoom.com/, Dr. Marc Faber. Jason and John ask Dr. Faber about interest rates, financial repression, ECB QE, Swiss depegging, Greece leaving the Euro, the fake employment numbers, Asia, China, Gold and Gold Mining.
Jim Rodgers: A Bull Market in North Korea is Coming
John Manfreda and Mo Dawoud had on returning guest Jim Rogers author of Street Smarts - Adventures on the Road and in the Markets. We discussed North Korea, Agriculture, Organic farming, Currency Wars, the Swiss and Euro depeg, Net Neutrality, the Oil Crash, financial warfare, and other topics.