Steve H. Hanke, a Professor of Applied Economics and Co-Director of The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise. He served on President Reagan’s Council of Economic Advisers, has been an adviser to 5 foreign heads of state and 5 foreign cabinet ministers, and held a cabinet-level rank in both Lithuania and Montenegro.

Professor Hanke is also a columnist at Forbes Magazine, a well-known currency reformer, and a currency and commodity trader.

Silver and gold prices were flat to slightly down for the week.

Silver spot price is closing the week down a few cents at around $14.64 oz while gold spot price is ending at $1240 US dollars per troy ounce. Ten dollars less per ounce than last week’s closing price.

Concerning some recent discussions on our show, the palladium spot price is closing this week higher than gold’s spot price at $1251 per troy ounce.

The last time palladium prices were higher than gold was from the year 2000 to the year 2002, during the Russian palladium supply, short squeeze. That episode saw the then palladium price high reach 4Xs the then spot price of gold.

Is something similar to that, about repeat?

SHOW NOTEs, CHARTs, Guest Info, & Backlinks:

Matt from Silver Fortune tells Silver Doctors why there may be a supply crisis in the future.

A large silver deposit was discovered in China recently. How does this impact the silver market? Matt says this shows the world is not running out of silver. However, he explains why he is still bullish on silver. He shares why there may be a supply crisis in the future.

Eventually though, it may be the time to move out of silver, he says. He shares his silver exit strategy.

Every recession since the 1950s has been preceded by a yield curve inversion. The yield curve is flattening and recently became partially inverted. Former business manager Gary Christenson joins Silver Doctors to discuss.

The five-year rate fell below the two-year rate. We’re headed toward recession and stock market correction, Christenson says.

He says even just looking at the stock market itself technically, it looks quite weak.

With us this week, a new guest, Mr. Greg Weldon.

Greg takes us back in time to his beginning days in the 1980s COMEX NYMEX futures contract trading pits and back to today.

We discuss current ongoings with the US dollar, the euro, crude oil prices, growing Federal and consumer debt levels, especially in relation to the recent inversion of shorter term US bonds vs longer duration IOUs.

We also hear his up and potential downsides for gold prices for the coming years. His commentary too on silver, platinum, and palladium are all worthwhile as well.

The yield curve has inverted. The U.S. stock market was down 3% Tuesday. We’re headed for another crisis, says top silver expert David Morgan.

There’s a shift out of stocks, he says.

Bubbles burst from the “outside in,” Chris Martenson says. And that’s what we’re seeing right now.

Cracks are appearing on the outside. Many junk rated debt and periphery country’s stock markets are in bear markets. Watch out for the crisis to seek into the bigger sectors.

The economy cannot grow exponentially in a finite world. An infinite model cannot run on a finite sphere. By 2020 – 2022, a major energy crisis will hit in oil, Martenson says.

Hello and welcome to this week’s Metals & Markets wrap, I am your host James Anderson of SD Bullion.

With us this week is a returning guest, precious metal analyst and mining consultant, David Jensen of Jensen Strategic.

This interview is being recorded at 12:30 PM eastern on Friday November 30th, 2018.

David, on behalf of myself and our listeners, thanks for coming back on the podcast.

SHOW NOTEs & CHARTs:

The Dow hit a multi-month low. Co-author of the Money Bubble John Rubino says it is about time for a stock market crash.

If the Fed continues to raise interest rates, this will create the potential for a crisis that would spread globally, Rubino says.

What would happen at that point to gold? It is likely that precious metals will rise long term. But Rubino is unsure about what would happen to gold immediately following the crash. 

With us this week is a new guest to the show. He is Dr. Dave Janda of DaveJanda.com.

A recently retired orthopedic surgeon, Dr. Janda is author of The Awakening of a Surgeon book. He is also host of Ann Arbor, Michigan’s weekly radio program called “The Operation Freedom Radio Show”.

Dave Janda believes the Trump Administration has only weeks remaining to illicit actions required to truly reestablish the rule of law and help make America great again.

SHOW NOTEs & BACKLINKs:
https://ift.tt/2FCsTjV

This week’s guest has spent a large portion of his adult life, working on knowledge revolving around commodity price discovery, most specifically in the silver market.

Often within his research are acute questions such as who dictates or mostly influences price discovery?

What are the How’s and the why’s for the prices we pay for critical commodities?

Early last week, on November 6th 2018. The US Department of Justice confirmed much of what this week’s guest has been publicly alleging year after year.

If you have spent any time trying to understand JP Morgan’s involvement in the silver market, high chance is you too have come across his spearheading work.

This week, Ted Butler visits with us, to discuss the FBI’s recent receiving of a guilty plea from a 13 year ex-precious metal derivative trader from JP Morgan.

Facing a potential sentence of 30 years in prison, the individual (John Edwards) pled guilty to commodities fraud and spoofing conspiracy.

SHOW NOTES:
https://ift.tt/2DpSSZ6

The Department of Justice published the following words on their website:

“This trading strategy was admittedly intended to inject materially false and misleading liquidity and price information into the precious metals futures contracts markets by placing the Spoof Orders in order to deceive other market participants about the existence of supply and demand.

The Spoof Orders were designed to artificially move the price of precious metals futures contracts in a direction that was favorable to the guilty party and his co-conspirators at the Bank, to the detriment of other market participants.

In pleading guilty, Edmonds admitted that he learned this deceptive trading strategy from more senior traders at the Bank, and he personally deployed this strategy hundreds of times with the knowledge and consent of his immediate supervisors.

This case is the result of an ongoing investigation by the FBI’s New York Field Office.”

https://ift.tt/2OtehCp

In a few seconds we will begin discussing this and other ranging topics related to silver, gold, crude oil, and the financial markets.

If you like this discussion, perhaps SHARE THIS VIDEO with those, who you think may also benefit from hearing it as well.

The Dow and the S&P 500 could be cut in half and they would still be overvalued, Fund Manager Dave Kranzler tells Silver Doctors.

Kranzler thinks the fundamentals are showing the economy is headed south more quickly than many people are expecting.

Kranzler estimates that the 2019 fiscal deficit could end up as high as $1.8 trillion, the largest in history. In that case, interest rates would need to move higher, he says.

The Dow and the S&P 500 could be cut in half and they would still be overvalued, Fund Manager Dave Kranzler tells Silver Doctors.

Kranzler thinks the fundamentals are showing the economy is headed south more quickly than many people are expecting.

Kranzler estimates that the 2019 fiscal deficit could end up as high as $1.8 trillion, the largest in history. In that case, interest rates would need to move higher, he says.

Silver is approaching nearly a three year low. The Silver Guru David Morgan joins Silver Doctors to discuss.

Many silver bulls are giving up, Morgan says. But this could change. He sees a shift coming. There will be more large down days for the stock market and more interest coming into the precious metals’ space.

The coming credit crisis will be the catalyst for China to adopt gold into their monetary system, says Alasdair MacLeod of Gold Money.

The coming credit crisis will hurt China’s economy the worst, MacLeod says. He proposes that China should issue a perpetual bond. The coupon on that bond would be payable in Yuan or gold at the users choice. If this were to happen, it would undermine the Dollar and send gold higher.

The midterm election was what people expected – Democrats took the House and Republicans retained the Senate. The stock market rallied on the news, and precious metals took a tumble. Stocks could stay strong through the end of the year, Matt says. But fundamentally, stocks are a bubble waiting to pop, he says.

Gold and silver markets closed in the red this week, recent spot price weakness has been attributed to significantly lowering crude oil prices with some blends down over 20% in price over the last five or so weeks, as well US dollar index strength has now blown past levels not seen since the summer of 2017.

With us this week, is Michael Oliver of Momentum Structural Analysis.

Mr. Oliver is an over four decade financial expert, who also in the early 1970s helped spear head the movement to ‘re-legalize’ private US gold ownership by US citizens.

Michael’s financial research firm is https://ift.tt/2PkAHLC

In this episode, we’ll blow some mathematical holes into the LBMA’s ongoing transparency push. As well, into the general western world silver and gold price containment machinations which judging by the price data have often been in effect from the 1980s up to today.

And too, we’ll cover a gold related Executive Order signed by President Trump this week as the US Treasury continues sanctioning the Venezuelan regime headed by dictator Nicolas Maduro.

As gold and silver are consolidating, the mining sector is going into an interesting change. Young people are coming into the mining sector and new technologies are being brought in.

Neumeyer does not believe central banks can afford to take rates much higher. Over the next couple years, he expects the Fed to cut rates which will be bullish for gold.

The gold/silver price ratio is about 85/1. Neumeyer explains why he sees the ratio collapsing to 9/1.

Silver is still under the cost of production for many mining companies. High oil prices are affecting the mining sector negatively.

Silver and gold values held strong during a tumultuous week for the US stock market. In October alone the S&P 500 is down nearly 9% and now in the red for the year

Gold is finishing the week slightly up closing around $1,235 US dollars per troy oz
Silver also moved up slightly to close around $14.77 an ounce.

Everyone wants to know whether this stock market sell-off is a buying opportunity or the first move in a long-term downtrend. Swiss investor Marc Faber joins Silver Doctors with a word of caution.

Faber doubts the majority of stocks will make new highs. In the next two years, many investors will not make money in equities, he says.

The Fed will likely try to prop up the market through more accommodative monetary policy. He sees a possible rolling out of quantitative easing and a halt to rate raising. At that point, the Dollar will weaken.

Many minings stocks are undervalued more than they have been in the last 78 years, Fund Manager David Kranzler says.

“We’re witnessing the beginning of the end, in my view,” David Morgan tells us.

After a 40-year bull market in the bond market, we’re beginning to see a hint of a change. Rates are increasing. Now the ten-year Treasury yeild is at a five-year high.

Morgan says this recent sell-off could be the beginning of a crash. If stock’s have another five-percent correction by the end of November, that would be a confirmation for Morgan the market could be headed for a major crash.