Why are stocks falling all over the world? Co-author of The Money Bubble John Rubino joins Silver Doctors to discuss.
Rubino says overvalued stock markets are facing higher interest rates. Stocks have been propped up partly because of corporate stock buy-backs. But with interest rates rising, corporate stock buy-backs become less profitable.
What about gold and silver. As the stock market was falling last week, precious metals spiked. This may continue, Rubino says.
Angela Merkel’s coalition is shrinking. Rubino says this could lead the rise of extremist parties in Germany, which would threaten the Eurozone. View on YouTube
Stocks are selling off. Could this be the beginning of the end? Legendary investor Jim Rogers talks to Silver Doctors.
How bad will the next crash be? Stocks will fall over 50%, he says, just as it has in previous bear markets. He predicts the next crisis will be the worst in his lifetime.
While gold and silver have held up well during the sell-off over the last couple days, Rogers says the precious metals’ could fall.
Lastly, Rogers talks commodities other than precious metals. He says sugar is 80 percent below its all time high. View on YouTube
Michael Pento tells us beginning now and going into 2019, the stock market will be moving quite differently then the last couple years.
The U.S. stock market is 140% the size of the economy. Normally, it should be 60%. Pento tells us a revaluation is coming: a 50% decline in the stock market. This is healthy for the stock market’s long term viability, he says.
We are starting to see a sell-off right now. The Dow is at a level we haven’t seen since August. And the sell-off is world-wide. The global index FTSE recently dropped to it’s lowest point since April.
The nucleus of the bubble though is in the corporate bond market, Pento says. View on YouTube
The Dow fell more than 800 points today. Philip Kennedy from Kennedy Financial warns us another crisis is around the corner.
The mainstream is warning of a recession coming soon. Bloomberg reports two-thirds of US business economists see a recession coming by the end of 2020. Here, Philip Kennedy warns a depression is ahead. View on YouTube
Gold mining equities have been strong amid downward pressure in the precious metal markets. Hope regarding further mergers and acquisitions has had a positive effect on the miners.
Political uncertainties in South Africa may have an impact on gold production there. If political uncertainties remain, Rule’s suspicion is that gold production there will fall precipitately over the next five years.
Issues in Mexico are concerning as well with regard to mining. However, Rule says this doesn’t mean people shouldn’t invest in miners there. View on YouTube
With the recent Fed rate hike and the official end of “accommodative” policy at the Fed, gold and silver sold off. However, this short term sell off will not indicate a long term trend, top industry expert David Morgan says. Raising interest rates will not make a fundamental difference unless rates go above actual inflation, which Morgan argues is multiples of the government reported inflation rate.
There is no silver shortage right now, says top silver expert David Morgan. But he says data from the Commitment of Traders report makes the precious metal markets look bullish, but time will tell.
The new NAFTA deal will not help the economy, Morgan says. What we need is true free markets, Morgan says. But he reveals no markets are free because interest rates are controlled by central banks. View on YouTube
Fund Manager Dave Kranzler says inflation and unemployment is grossly underreported. Officially, the Fed’s target interest rate as of today is not accommodative. But in Kranzler’s view, if the Fed were really going to normalize interest rates, the Fed would raise the target rate to at least six percent.
The Dow recently made an all-time high. But the fundamentals for the stock market are deteriorating, Kranzler says. How will this impact Main Street? Find out in this interview! View on YouTube
A decade after the 2008 catastrophe, problems remain and another crisis is inevitable, says Craig Hemke of TFMetalsReport.
Democrats are likely to win the House of Representatives, which would impact business and consumer confidence leading to Dollar weakness, and rising precious metal prices. View on YouTube
Economist Jerry Robinson tells Silver Doctors we’re experiencing the end of an empire. America is falling. China has already become the largest economy in the world based on purchasing power parity.
China has seen so much economic growth it has been argued there is more capitalism happening in China than the U.S.
Trump announced $200 million in new tariffs. China is retaliating with tariffs against the U.S. But which country will win out in the long run? The U.S. is on a decline. History shows that empires come to an end, and the U.S. will be no different. View on YouTube
Alasdair MacLeod joins Silver Doctors to discuss the 10-year anniversary of the Lehman Bros. collapse. Could something like this happen again? The problem is not toxic assets this time. The problem is money, MacLeod says. View on YouTube
This week, if you consumed any mainstream financial press, chances are you might have felt like you were wading through a myriad of half truths and over simplifications as to how the 2008 financial crisis came about.
This video / podcast is a curated tour of some recent notable commentaries and choice media coverages, a decade since the 2008 collapse of Lehman Brothers.
We will also cover some current trial balloons in the financial media in regards to unconventional responses for the next financial crisis.
Welcome to this week’s Metals & Markets podcast, I am your host James Anderson of SD Bullion. This interview is being recorded at 10 AM eastern on Friday September 7th 2018.
With us this week is Ned Naylor-Leyland, a Gold & Silver Fund Manager at Old Mutual Global Investors.
A quick heads up on the latest news, as gold and silver prices close this week flat and slightly down from the end of last.
Gold spot is likely to close below the psychological $1,200 oz mark,
while Silver looks to finish this week at the low $14 oz level.
In terms of industry news in the middle of this holiday shortened week the US Mint announced it was temporarily sold out of 2018 Silver Eagle Coins. Then today, a similar communication was made for 2018 Gold Buffalo coins being temporarily sold out.
What most likely occurred here was the US Mint being caught flat footed with increased bullion buying demand from last month to today as precious metal spot prices have fallen.
More than likely they do not have enough planchets and thus inventory on hand to meet resurgent demand.
You can find two recent articles on Silver Doctors with more details about this story.
The good news for active bullion buyers out there, is that there does remain many high quality products available at all time low premium price points.
One obvious example is the following deal on Austrian Silver Philharmonics running through the end of this month at SD Bullion.
Fund Manager Dave Kranzler writes, “this is the most bullish set-up for the precious metals in history.”
The Commitment of Traders report shows the commercials are taking net-long positions in gold and silver futures. The banks must have a good reason for going long on precious metals, Kranzler says. In the midst of this, seasonal buying is likely to come soon from India and China.
As for the economy, is the U.S. doing better than the rest of the world? Kranzler exposes the crisis the U.S. is currently in. The stock market indices rising, but Kranzler says this is not reflective of a lot of the market. Longer term, things could get worse. He says, emerging market crises are bound to affect the U.S. market. View on YouTube
Hello SD Metals & Markets viewers and listeners out there.
Gold and silver prices ended last week strongly, but worked sideways and downwards throughout this week and will likely end around $1200 oz gold and $14.60 oz silver.
We will be getting to our week’s interview in a few brief minutes, BUT
to begin I want to share with you some highlights from a video I stumbled upon about a week ago.
It’s from The Monetary Institute, filmed in Zurich Switzerland on February 5, 2018
In the clip are you might recognize such names as Larry Kotlikoff (a professor who often testifies before the US Congress, warning about the our having some $210 trillion dollars in total debts and unfunded liabilities at net present value).
As well you will se e former head of research at the Bank for International Settlements, William White.
And finally the man speaking most of the time, is a german monetary and development economist Richard Werner.
He speaks frank and openly upon two points we will be discussing this week amongst many others.
Emerging market currency chaos thanks their recently acquired $14 trillion in US dollar denominated debts, as well as the central bankers wet dream of a future cashless society where central banks can more easily bypass the more traditional fractional reserve based model of today.
Have a look and listen… with this week’s Metals & Markets interview with Matt from Silver Fortune to follow.
Many emerging market currencies are collapsing. John Rubino says these crises have the potential to spread across the globe, and could lead to the ultimate demise of the U.S. Dollar.
Venezuela, Argentina, Turkey, and Pakistan all have currencies that are in crisis. These currency crises could be the catalyst for the crash of the U.S. Dollar.
How can people protect themselves? John Rubino says safety is found in physical precious metals. He explains why gold and silver may be set up for a spike in the next six months.
On the speculative side, he says the junior mining sector, if played correctly, may result in even higher gains. View on YouTube
This week on our SD Metals & Markets Podcast, we speak with Roy Friedman, a multi-decade bullion market maker. We discuss current wholesale bullion market supply demand dynamics as well as larger picture topics in the financial system.
Roy is President of Manfra, Tordella & Brookes (MTB ). Which is part of the MKS PAMP GROUP, an industrial and trading services group that specializes in all aspects of precious metals.
This family business was established in Switzerland in 1979 and now serves producers, users and precious metal traders worldwide.
The MKS PAMP GROUP is comprised of 4 brands, with 14 offices across 12 countries. The portfolio consists of an industrial arm with 2 refineries (PAMP & MMTC-PAMP), a trading arm (MKS (Switzerland) SA) and a commercial bullion distributor (MTB).
Hello and welcome to this week’s SD Metals & Markets wrap. I am your host James Anderson of SD Bullion.
This week’s update will be a little bit different than the normal format.
Unfortunately the guest we were going to have on was unable to attend last minute, so I am going to give you a brief 3 PART synopsis covering where we are with precious metal spot prices falling to the downside this summer, what is going on with bullion supplies and price premiums, as well as one historic trade idea you may want to consider as we move the closer to the end of this decade and in to the 2020s.
Today’s mortgage lending practices are nearly as reckless in 2008, Fund Manager Dave Kranzler tells Silver Doctors.
Eric Dubin says the coming crash will not just be in housing, but across many sectors. Papering over the 2008 crisis has created bubbles throughout the financial system.
Gold and silver have continued down lately as the U.S. Dollar as risen. Kranzler is skeptical that US dollar strength is the reason for the decline in precious metal prices. The Bank of International Settlements (BIS) leasing of gold is the biggest factor, Kranzler believes. View on YouTube