RSSCategory: Articles: Experts Talk

Fiction, Fairy Tales, and Fiat

Fiction, Fairy Tales, and Fiat

Do young Americans today know anything about economics? No, they don’t, according to a study during the 2016 presidential primary season, which says lots of other Americans don’t either. The survey found 58% of millennials favor government-run socialism (statistically 6 out of 10), while a nearly identical number (64%) don’t want government interference in free markets. The incompatible findings make no sense, unless… Americans aged 18-24 simply don’t understand the real meanings of either concept. Sadly, the study says that’s true of one-third of all Americans. Not a clue. The evidence is the large following behind avowed socialist Bernie Sanders during his presidential campaign. This lack of understanding is concerning, […]

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David Morgan Urges Investors to Obtain REAL Money outside the Banking System Immediately

David Morgan Urges Investors to Obtain REAL Money outside the Banking System Immediately

Listen to the Podcast Audio: Click Here Mike Gleason (Money Metals Exchange): It is my privilege now to be joined by our good friend David Morgan of The Morgan Report. David, I hope you’ve been having a good summer and welcome back. It’s always a pleasure to talk to you. David Morgan (The Morgan Report): Thank you very much, and yes, I have been having a wonderful summer. Thank you. Mike Gleason: Well, as we begin here, David, please give us your thoughts on the recent pullback in the metals. We’ve maybe been overdue for a correction for a while now. I know in following your work, you’ve been calling […]

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Michael Pento: Stagflation to Force People into Gold

Michael Pento: Stagflation to Force People into Gold

Listen to the Podcast Audio: Click Here Mike Gleason, Money Metals Exchange: It is my privilege now to be joined by Michael Pento, president and founder of Pento Portfolio Strategies and author of the book The Coming Bond Market Collapse: How to Survive the Demise of the US Debt Market. Michael is a money manager who ascribes to the Austrian school of economics and has been a regular guest on CNBC, Bloomberg, and Fox Business News, among others. Michael, it’s good to talk to you again. Thanks very much for joining us today and welcome back. Michael Pento, Pento Portfolio Strategies: Thanks for having me back on. Mike Gleason: Well […]

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Bitcoin Is Just a Bit Player

Bitcoin Is Just a Bit Player

Over the last few years, so-called “crypto-currencies” – digital equivalents of a monetary exchange unit, have been all the rage. The most well-known in the category, Bitcoin, has had quite a run. Starting out as a “virtual penny stock” it rose in 2014 to the elevated height of $1,150, before crashing back to earth. This “electronic currency” is created and stored in a computerized “wallet.” Purchases and sales are made via a “blockchain” which keeps a memory of every transaction conducted. Private keys (supposedly) provide assurance that a Bitcoin holder’s account is safe. In less than three years, two seminal events have served to give bitcoin users financial heartburn. They […]

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Need-to-Know Tips for Safeguarding Your Precious Metals

Need-to-Know Tips for Safeguarding Your Precious Metals

Gold and silver investors have strong opinions about third-party storage of metals. Privacy, the lack of counterparty risk, and precious metals’ role as “crisis money” are among the most attractive features of physical bullion. So it is no surprise that many investors are totally committed to storing metals at home or someplace else that is both private and accessible 24/7. We wholeheartedly agree with that sentiment and always recommend personal possession when it comes to at least some of your metals. However, there are a number of circumstances where third-party storage makes a heck of a lot of sense. Let’s take a look at the most common… Physical Security and […]

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The Colors of Money Andrew Jackson Still Fights the Banking War

The Colors of Money Andrew Jackson Still Fights the Banking War

By Guy Christopher, Originally Published on Money Metals Exchange This year marks the 101st anniversary of Andrew Jackson rolling over and over in his grave. Back in 1915, the brand new Federal Reserve pasted the 7th President’s likeness on its first $10 debt note – a sharp slap to the President who fought and won his famously bitter battle to destroy the “corrupting monster” of central banking. Old Hickory’s 1836 victory held steady until 1913, when the bankers gathered in secret at Jekyll Island, Georgia to plot the greatest bank robbery in history. The scheme was simple. First, print all the money they wanted, backed only by government promises. Then, […]

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Why Trump’s Winning, Why the Establishment Wants Him Eliminated, and Why You Need Gold like Never Before

Why Trump’s Winning, Why the Establishment Wants Him Eliminated, and Why You Need Gold like Never Before

Listen to the Podcast Audio: Click Here Mike Gleason: It is my privilege now to welcome in Michael Rivero, founder and editor of WhatReallyHappened.com. Michael is a prolific commentator on geopolitics, financial markets, and many other topics, and also hosts a daily radio show where he comments about it all. Michael, it’s always great to have you with us. How are you? Michael Rivero: I’m doing fine. Thank you very much for having me back on the show. Mike Gleason: Well I’m sure you’ve been enjoying all of the political theater like we have these last couple of weeks and I’ll start off by getting your comments on the silly […]

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Zika, ZIRP, and NIRP Viruses

Zika, ZIRP, and NIRP Viruses

The Zika virus is the newest threat to humanity, especially pregnant women, so they say. Big Pharma is working feverishly to create a vaccine. Chances are the vaccine will be created, highly profitable, and Big Pharma will be “held harmless” for injuries to those who were vaccinated. Add GM mosquitoes, birth defects, Brazilian Olympics, big profits, and the story becomes a huge distraction. John Rappoport has suggested there is more to the story.   There is money to be made on vaccines and GM mosquitos, and money to be lost if sales of pesticides and other chemicals are reduced. It is clear in which direction the politics will lean. The Zika virus should remind us of other […]

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Fiscal and Monetary Madness

Fiscal and Monetary Madness

When central banks and politicians “manage” global currencies, we can expect: Exponentially increasing debt and currency devaluations Massive inflations and deflationary crashes. Transfer of wealth from the many to the few. Derivatives exceeding $1,000 Trillion and eventually a crash. A mathematically inevitable financial collapse. Monetary and fiscal madness. Booms and busts. Much higher gold and silver prices. It has happened before and it will happen again… Last Century Madness: Weimar inflation in Germany 1921-1923: The exchange rate for Marks changed from 90 Marks to the US dollar in 1921 to over 4 Trillion Marks to the US dollar in about 2 years. Argentina devalued their peso and exponentially expanded the […]

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David Morgan: Silver Supply under $16 Is Limited

David Morgan: Silver Supply under $16 Is Limited

  Serious Backlash Coming If Futures Market Breaks By Mike Gleason, Money Metals Exchange Original audio available here. Mike Gleason, Money Metals Exchange: I’m happy to welcome back our good friend David Morgan of TheMorganReport.com and author of the book The Silver Manifesto. David it’s a pleasure to talk to you as always, how are you? David Morgan, The Morgan Report: I’m doing well, thank you for having me on your show. Mike Gleason: Well to start out I’ll ask you to comment on the market action here in 2016 so far. Now, gold and silver have done quite well, we had gold advancing on weakness and concerns in the […]

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Silver – a Long-Term Perspective

Silver – a Long-Term Perspective

We all know silver is volatile. When gold rallies, silver usually rallies faster and farther, particularly after the rally has been well established. Volatility is not a reason to avoid silver. Instead, now is a time to continue stacking. Yes, silver almost certainly will correct many times, but examine the big picture. Over the past 50 years prices for stocks, silver, gold, crude oil, health care, and presidential elections have increased exponentially, mainly due to massive increases in debt (see graph below) and devaluations of currencies. Expect exponential price increases to continue. Over 50 years the Dow Jones Industrial Average has averaged about 700 times larger than the price of […]

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Can Gold Climb to $1400/oz?

Can Gold Climb to $1400/oz?

At the start of 2016, renowned fund manager and bond king Jeff Gundlach predicted Gold would surge to $1400/oz. That was quite the call considering Gold was still in a bear market. He reiterated his target a few days ago in a webcast. Gold closed the week below $1260/oz after reaching as high as $1287/oz following the ECB decision. Corrections in both Gold and gold stocks have been limited to swift declines lasting no more than two days. While we cannot predict the future, we think there is some chance that Gold could reach Gundlach’s target before a sustained correction. Below is the Gold recovery analog chart or bull analog […]

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Gold and Paper 1951 – 2016

Gold and Paper 1951 – 2016

      From Raymond Chandler in “The Long Goodbye:” “There is no trap so deadly as the trap you set for yourself.” (Think deficit spending, central banking, QE, and “printing money.”) Images that come to mind are:   Future Possibilities for dollars/euros/pounds/yen: More debt, “money printing,” central bank desperation, currency devaluations, QE, and more of the same failed policies – will produce higher gold prices. Inflationary blow-off and gold prices go astronomical in devalued currencies, as they have in many other countries in the past century. Deflationary depression, tens or hundreds of $Trillions of debt defaults that make the 1930s look like a “walk in the park” by comparison […]

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New Gold Bull Market Now Official; Breaking Point in Paper Gold?

New Gold Bull Market Now Official; Breaking Point in Paper Gold?

Gold officially entered a bull market in last week’s trading with prices gaining more than 20% from their December lows. The silver price also put on some very nice gains, but the price needs to reach about $16.40 before watchers can make the same claim. If the white metal can exceed last week’s gains of more than 5%, the silver market will reach official bull territory too. Metals investors will be following the speculation surrounding the upcoming Federal Open Market Committee (FOMC) meeting on March 16th. Recent rallies in stocks, commodities, and oil are raising the odds that officials just might hike rates once again. Their problem is that the […]

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