David Morgan says the U.S. stock market is in a downtrend. A waterfall decline is possible.
Gold and silver are still in consolidation. However, the gold/silver ratio is coming down. And both metals continue to make higher lows. Morgan expects a move to the upside.
Is silver in a deficit? This depends on your definition of “deficit.” The truth is, the above ground inventory of silver is growing.
Morgan predicts people will move into precious metals when the financial system starts to collapse. However, many believe gold and silver are obsolete. Morgan disagrees, but acknowledges he could be wrong. For that reason he’s not putting all his eggs in one basket. Studies show that the optimal amount of precious metals in one’s portfolio is 20 to 25 percent. View on YouTube
Just in the last few weeks, Bitcoin has risen significantly. But Tone Vays tells Silver Doctors Bitcoin has to rise above $12,000 in order to end the downtrend. But in the long term, he is bullish on Bitcoin and believes Bitcoin is the only cryptocurrency that will survive.
Vays says there is room for only one cryptocurrency in the future. If there were more than one then the energy usage would be split across the multiple blockchains and each blockchain would be less secure.
Will Bitcoin be money in the future? Vays is hopeful Bitcoin will serve as money that increases in value along with technological advancement. View on YouTube
Jim Willie tells Elijah Johnson and James Anderson the launch of the gold and oil Yuan contracts is the most important financial event in a generation.
The Chinese want their own place in global finance. No longer does the dollar have a monopoly on oil. “This is the end time for the Dollar’s dominance.” China is moving away from the U.S. not solely by leaving the Dollar, but also through the trade conflict.
Willie predicts China will demand the Saudi’s sell oil in RMB terms. This will be a “knife in the heart of the Petrodollar.” View on YouTube
The yield curve will invert, leading to a shrinking of the money supply, and a recession later this year, Michael Pento of Pento Portfolio Strategy tells Silver Doctors.
He says bonds currently are the “most mispriced assets in the history of the world.” He sees a world wide default on debt coming.
The stock market is also in trouble. There is a confluence of events coming in the fall that will lead to a bear market like we haven’t seen in a decade.
How can small or medium investors navigate the coming crises? Stay tuned to find out! View on YouTube
President of Sprott US Holdings Rick Rule says geopolitical tensions between the U.S. and Russia have given investors an excuse to buy gold and silver.
He says it’s clear the long term bull market on the U.S. Treasury is over. This should mean we are at the beginning of the bull market in gold.
Silver also especially looks bullish. Silver shorts on the COMEX are at extreme levels. Rule says this is bullish.
Other assets he likes are water related investments, high quality farm land, agricultural minerals, and the Uranium business.
As for emerging markets, Rule is optimistic about Russia. He explains that in the future there may be opportunities in Congo. View on YouTube
London Analyst Alasdair MacLeod tells Silver Doctors the only safe hedge is gold.
MacLeod says the current trade conflict between China and the U.S. was sparked by the release of the oil futures contract price in Yuan. What’s China’s next move? China could stop buying U.S. debt, he says.
MacLeod says the U.S. is provoking a conflict with Russia. “This could get nasty,” he says.
The equities will fall into a bear market, possibly falling over 80 percent, he warns. That would put the Dow at about 5,000. However, if we see massive inflation, equities could skyrocket in dollar value, but still plummet in real value. View on YouTube
Barnhardt tells Silver Doctors illegal links have been found on Bitcoin’s blockchain. Bitcoin could be outlawed, she says.
Barnhardt explains how the U.S. government could enforce an outlawing of Bitcoin.
She also discusses the volatility in the stock market. “Massive volatility is indicative of a lack of integrity in a market.”
Barnhardt can’t give trading recommendations. However, she currently favors assets that are “utterly essential to human life” such as land, livestock, etc. View on YouTube
The S&P 500 closed below its 200-day moving average. This hasn’t happened since June 2016. Tomorrow we could see an avalanche of selling, economist Jerry Robinson tells Silver Doctors.
Looking at the monthly chart, the S&P 500 uptrend is still in tacked, but it is weakening. A tremendous amount of money has been flowing out of the market, indicating a trend shift may be approaching. Until a clear trend emerges, Robinson is staying on the sidelines.
How will the oil futures contract priced in Yuan impact the petrodollar? The petrodollar system creates a perpetual demand for U.S. dollar, but this new contract will erode this demand, Robinson says. At that point, the Fed will no longer be able to print money to solve problems without causing inflation. View on YouTube
Steve St. Angelo tells Silver Doctors that silver has the best set up he’s seen in years.
Net commercial silver short positions are extremely low.
St. Angelo sees a stock market crash ahead. The Dow could fall 50 percent or more in the next year.
If only one percent of the market goes into gold and silver, they could jump five-fold.
Real estate is also overvalued, he says. U.S. shale oil production will collapse. This will bring down the economy, and real estate prices. Median home prices are above their 2007 peak. Over the next ten years, he predicts a 90 percent reduction in home prices. View on YouTube
“There are now numerous triggers to a monetary reset and fiat devaluation in place that could send bullion to infinity in terms of price,” California Libertarian Senate Candidate Derrick Michael Reid tells Silver Doctors.
The U.S., China, and Russia are emerging as strong nationalistic forces. Reid says each country is preparing for a fiat currency meltdown. China and Russia has been accumulating gold. And Reid believes the U.S. has the gold it says it has. Also, Reid sees Trump teaming up with China and Russia to take down the global bankers.
Reid says the monetary rest will wipe out all people’s savings. How can people prepare? He suggests investing in physical gold or silver. View on YouTube
Precious metals expert David Morgan tells Silver Doctors: “The stock market has peaked, and the gold market is starting the next leg up.”
In this week’s SD Metals & Markets:
The Federal Reserve raised interest rates by a quarter percent, leading to the Dow and S&P500 breaking their trend line supports. Internet and social media stocks continue to lead the technology sector lower.
Precious metals market has started its next leg up, Morgan says, with gold leading.
Morgan also comments on the latest trade war with China. It’s only going to get worse from here, he says. “This is just the beginning.”
By purchasing gold, China and Russia are well prepared for a currency reset, says co-host Eric Dubin. View on YouTube
In this brand new interview, Jim Willie addresses viewer questions
– When you order silver / gold / etc in quantity … can’t “some” bad guys see you ordered it and target you ? What safe places to store it does he trust ?
– Kelly, Salt Lake City: Is it still your prediction that the USD will rise rise and rise some more than vanish?
– Daniel: What will happen to say, mortgages when this crash/hyperinflationary event takes hold. I understand fiat will lose its purchasing power, but won’t that make it easier to pay ones debts off given the limits on how much they can now raise rates?
– Rick: Can you talk more extensively on the state of retirement benefits and student loans. How fragile and how reliable? I’m worried
– S. Walker: Can the ECB ever stop QE…..they at 30 billion a month at present…..
– Jeffery: greenlight oil futures contracts priced in Yuan. The launch date this March [26th] 2018. For whom will this historic policy cause significant consequential fallout? Also, in what ways will China, as well as other nations, see brighter times ahead, both financially and politically as a result of the changes?
– Kelly from Salt Lake City: Can you explain in better details the shift away from the “petro Dollar” to the RMB and can you forecast better the division of which countries will split this divide I.e. western culture vs Eastern Culture breakdown by continent.
– S. Walker: Will Trump succeed in bringing back jobs to America? View on YouTube
The stock market has been in a bull market for nine years, the greatest bull run post-World War II. Rubino says the bull run may have ended.
Rubino shares many indicators that show the nine year economic recovery ended in 2017. He sees the stock market falling, along with the junk bond market. The system will seize up, he says, and a recession will follow.
Where should investors be positioned? He says precious metals historically perform well during economic crises. He says there are opportunities currently in the junior miners. View on YouTube
China and Russia are preparing for a global reset within months, Jim Willie tells Silver Doctors.
In this interview, Jim Willie answers viewer questions!
– When the stock market crashes sufficiently do you think we’ll see panic buying of gold, silver, and cryptos?
– I’m an American expat who’s made China his home. I own $150 K worth of gold and silver and have a decent holding of CNY. After the USD loses its global reserve status, how do you see China’s economy being affected?
– How did Jim immigrate to Costa Rica and how hard was it? Does Jim feel safe there?
– If Venezuela, Qatar, Iran, China, Russia…have decided not to use the dollar,how is it the dollar hasn’t crashed yet and the interest rate gone thru the roof?
– How long before the interest rates catch up to the lag in the default of debt in the private sector, causing the cascade of defaults throughout the banking sector?
– Who is buying the bonds? Is the U.S. financing their own debt?
– How do you think it is going with the flipping of Germany to the east in a economic sense if not political. Do you still think this will happen?
– Please ask Jim what he thinks about JP Morgan stashing so much physical silver. Are they doing it to profit from higher prices or to cover their naked shorts when they short the paper market?
***A previous version of this podcast had a note about the recording of the interview being postponed because Elijah Johnson had a flight with Spirit Airlines that was delayed 12 hours. The note mentioned that Elijah was dissatisfied with the compensation offered by Spirit. After the time of posting this interview, Elijah was compensated further by Spirit and is now satisfied with the compensation.*** View on YouTube
The last job’s report was the best since July 2016. February saw 313,000 jobs added in the U.S. But Fund Manager David Kranzler reveals these statistics are misleading, and the truth is the U.S. actually lost full time jobs last month.
Kranzler reveals new evidence of collusion between the big New York banks and the Federal Reserve. Co-host Eric Dubin reminds us the Federal Reserve is owned by America’s banks. (See: http://ift.tt/2HF0vJX)
Kranzler also discusses the naming of former chief economist at Bear Sterns Larry Kudlow as head of White House National Economic Council.
As for the gold price, Kranzler forecasts a price takedown for gold, and then gold purchases from China and India will push the price upward. View on YouTube
China and Russia are preparing for a global reset within months, Jim Willie tells Silver Doctors.
In this interview, Jim Willie answers viewer questions!
– When the stock market crashes sufficiently do you think we’ll see panic buying of gold, silver, and cryptos?
– I’m an American expat who’s made China his home. I own $150 K worth of gold and silver and have a decent holding of CNY. After the USD loses its global reserve status, how do you see China’s economy being affected?
– How did Jim immigrate to Costa Rica and how hard was it? Does Jim feel safe there?
– If Venezuela, Qatar, Iran, China, Russia…have decided not to use the dollar,how is it the dollar hasn’t crashed yet and the interest rate gone thru the roof?
– How long before the interest rates catch up to the lag in the default of debt in the private sector, causing the cascade of defaults throughout the banking sector?
– Who is buying the bonds? Is the U.S. financing their own debt?
– How do you think it is going with the flipping of Germany to the east in a economic sense if not political. Do you still think this will happen?
– Please ask Jim what he thinks about JP Morgan stashing so much physical silver. Are they doing it to profit from higher prices or to cover their naked shorts when they short the paper market? View on YouTube
China and Russia are preparing for a global reset within months, Jim Willie tells Silver Doctors.
In this interview, Jim Willie answers viewer questions!
– When the stock market crashes sufficiently do you think we’ll see panic buying of gold, silver, and cryptos?
– I’m an american expat who’s made China his home. I own $150 K worth of gold and silver and have a decent holding of CNY. After the USD loses its global reserve status, how do you see China’s economy being affected?
– How did Jim immigrate to Costa Rica and how hard was it? Does Jim feel safe there?
– If Venezuela, Qatar, Iran, China, Russia…have decided not to use the dollar,how is it the dollar hasn’t crashed yet and the interest rate gone thru the roof?
– How long before the interest rates catch up to the lag in the default of debt in the private sector, causing the cascade of defaults throughout the banking sector?
– Who is buying the bonds? Is the U.S. financing their own debt?
– How do you think it is going with the flipping of Germany to the east in a economic sense if not political. Do you still think this will happen?
– Please ask Jim what he thinks about JP Morgan stashing so much physical silver. Are they doing it to profit from higher prices or to cover their naked shorts when they short the paper market? View on YouTube