RSSCategory: Articles: Experts Talk

Is Fed Chairman Powell the Real Election Winner?

Is Fed Chairman Powell the Real Election Winner?

As President Donald Trump continues to insist that he will be the winner of the election after all the legitimate votes are counted and the illegitimate ones thrown out, at least one publication has declared a different winner. Not Joe Biden, but Federal Reserve chairman Jerome Powell. The Wall Street periodical Barron’s argued Powell has become a more important figure for markets than whoever occupies the White House. Even as the presidential election outcome has been beset by uncertainty all week, Wall Street didn’t panic.  Quite the opposite.  Stocks surged on expectations for divided government and gridlock – and four more years of Fed stimulus. The more divided and dysfunctional […]

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America’s Political and Financial Institutions Are Broken

America’s Political and Financial Institutions Are Broken

America’s key institutions are broken. More people wake up daily to that reality. They are preparing for the moment this realization dawns on Americans at large, which explains why the markets for physical bullion are so active. Markets certainly aren’t working. Perpetual central bank intervention, rampant Wall Street cheating, high frequency trading, index funds, and many other factors have divorced the price of securities from fundamental realities, such as high unemployment. The adjacent screen capture from CNBC in April says it all about how badly markets are doing at reflecting true economic fundamentals. Washington, DC is dysfunctional and has been for decades. Regardless of anyone’s views on presidential politics, the […]

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Beware of These Faulty “Inflation Protected” Investments

| September 21, 2020 | Articles: Experts Talk
Beware of These Faulty “Inflation Protected” Investments

The Federal Reserve last week reiterated its commitment to an unprecedented inflation-raising campaign. Specifically, the Fed aims to push the inflation rate above 2% for an extended period. The risk for investors is that central bankers succeed in their mission to depreciate the currency more rapidly – perhaps even more rapidly than intended or acknowledged in the official (understated) inflation data. Inflation is a corrosive force that eats away at the real value of savings and investments. It is perhaps the biggest threat looming on the horizon for millions of retirees who have been steered into assets marketed as “conservative” – such as dollar-denominated money market accounts, bonds, and fixed […]

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The #1 Question for Beginners in Precious Metals

The #1 Question for Beginners in Precious Metals

More new people may have made their first purchase of physical gold or silver in the past 4 months than in any four-month period in history. This sort of data isn’t reported and tracked. But if our experience as one of the nation’s largest precious metals dealers is representative, we believe that’s the case. We’ve never seen so much retail demand, and a big portion of the buyers are first timers. With the new wave of people entering the market comes a fundamental question lots of them have before they get started: What do I do with the metal after I buy it? Physical gold and silver are useful both as […]

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Is America Headed for a Post-Apocalyptic Currency Collapse?

Is America Headed for a Post-Apocalyptic Currency Collapse?

Just when it seemed as though America may be turning the corner after months of lockdown… just when it seemed as though we were on a path to reopening and gradually returning to normalcy… just when the prospects of panic-induced social unrest seemed to be behind us… …America’s cities erupted into flames. Antifa and BLM-organized rioting, looting, violence, and mayhem have pushed cities across the country into pandemonium. Even if the insurrections are soon quelled – as President Donald Trump promised to do in a speech in front of the White House on Monday – the consequences won’t soon go away. Some epidemiologists seized on the protests to predict a […]

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Social Unrest Rises as Confidence Falls

Social Unrest Rises as Confidence Falls

Protests egged on by the legacy media quickly devolved into large-scale riots and looting over the weekend in more than a dozen U.S. cities. Some important institutions have betrayed the public trust, and Americans facing quarantine and staggering unemployment have arrived at the boiling point. Meanwhile, the ranks of people buying gold and silver as a hedge against economic chaos and financial malfeasance swelled again in recent months. A new wave of Americans is grappling with what it means for Congress to spend trillions it doesn’t have. Or for Federal Reserve bankers to print trillions of electronic notes and hand them over to their friends on Wall Street. Seymour Hurst […]

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Weldon: “This Opportunity Here Is As Good As It Gets…We’re Playing Gold & Silver Very Aggressively.”

Weldon: “This Opportunity Here Is As Good As It Gets…We’re Playing Gold & Silver Very Aggressively.”

Mike Gleason: It is my privilege now to welcome back our good friend Greg Weldon, CEO and president of Weldon Financial. Greg has decades of market research and trading experience specializing in the metals and commodity markets and even authored a book back in 2016 titled Gold Trading Boot Camp where he accurately predicted the implosion of the US credit market and urged people to buy gold when it was only $550 an ounce. He’s made a lot of great calls right here on this podcast this year and it’s great to have him back on with us. Greg, thanks for the time again and welcome. How are you? Greg Weldon: I’m great, Mike. My […]

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Wyoming, Texas, Utah Top 2019’s Sound Money Index — Vermont, Arkansas, New Jersey Among the Worst States

Wyoming, Texas, Utah Top 2019’s Sound Money Index — Vermont, Arkansas, New Jersey Among the Worst States

Precious Metals Dealer, Sound Money Group Rank the 50 States’ Gold and Silver Policies Charlotte, NC (December 4, 2019) – “Is Your State Destroying Your Money?” asks the Sound Money Defense League and Money Metals Exchange with the release of the 2019 Sound Money Index. The Sound Money Index is the first index of its kind, ranking all 50 states using twelve different criteria to determine which states maintain the most pro- and anti-sound money policies in the country. The Sound Money Index evaluates each state’s sales and income tax policies involving precious metals, whether a state recognizes the monetary role of gold and silver under the U.S. Constitution, whether […]

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David Morgan: Here’s Why You Must Protect Yourself Outside the Financial System…

David Morgan: Here’s Why You Must Protect Yourself Outside the Financial System…

Mike Gleason: It is my privilege now to welcome back our good friend David Morgan of The Morgan Report. David, it’s good to have you on as always and we appreciate the time today. How are you? David Morgan: Mike, I’m well. Thank you for having me. Mike Gleason: Well, we’ve had a significant correction in precious metals prices, especially in silver, and I wanted to get your thoughts on that to start out here. To us, it looked like the bullion banks sold futures contracts to lots of speculators who got interested in metals. Then as often happens, the speculators got taken out to the woodshed. However, open interest appears to still be […]

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Celente: Interest Rates Heading Zero or Negative to Prop Up Debt Bubble

Celente: Interest Rates Heading Zero or Negative to Prop Up Debt Bubble

Mike Gleason: It is my privilege now to welcome back the one and the only Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is a frequent guest on the Money Metals Podcast and is perhaps the most well-known trends forecaster in the world. And it’s always great to have him on with us. Gerald, thanks for the time again today, and welcome back. Gerald Celente: Oh, my pleasure. Thanks for having me on. Mike Gleason: Well, Gerald, since we spoke last in August, the Federal Reserve has begun propping up the repo markets, and they resumed buying government debt. They tell us the program on bond purchases should in no way be […]

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Race to the Bottom: What to Expect as the Fed Eases

Race to the Bottom: What to Expect as the Fed Eases

How low will they go? With the Federal Reserve all but certain to cut interest rates multiple times in the months ahead, central bankers are engaged in a race to the bottom. As negative interest rates expand in Japan and across Europe, as long-term bond yields in the U.S. plummet, and as President Donald Trump continues to talk tough on trade, the Fed has little choice but to cut. President Trump has effectively declared a currency war – and enlisted a reluctant Fed to help him fight it. He is convinced that lower interest rates will boost the economy and that a lower dollar will boost U.S. producers in international […]

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Sound Money Needed Now More Than Ever

Sound Money Needed Now More Than Ever

By Clint Siegner, Money Metals Exchange The sound money movement reemerged on the national political scene a decade ago. In 2008, the financial crisis brought in a fresh wave of U.S. gold and silver investors. Ron Paul and the Tea Party advocated for limiting government and ending the Federal Reserve system. Sound money advocates made real inroads in recruiting Americans to their cause based on evidence that the nation is headed for bankruptcy. The implications of the most recent financial crisis went way beyond budget and finance. Many Americans grasped the more significant lesson. The perpetual expansion of government spending lay behind the corresponding decline in personal liberty for them, […]

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Michael Pento: Inflation to Skyrocket When Fed Reverts to New QE & Interest Rate Cuts

Michael Pento: Inflation to Skyrocket When Fed Reverts to New QE & Interest Rate Cuts

Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason: It is my privilege now to welcome back 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 U.S. Debt Market. Michael is a well-known money manager and a fantastic market commentator, and over the past few years, has been a wonderful guest and one of our favorites here on the Money Metals Podcast. We always love getting his highly-studied Austrian economist viewpoint. Michael, welcome back, and thanks for joining us again. Michael Pento: Thanks for having me back on, Mike. […]

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The Dangers of Investing Based on Phony Government Statistics

The Dangers of Investing Based on Phony Government Statistics

By Stefan Gleason, Money Metals Exchange President Donald Trump recently took to Twitter to boast, “The U.S. has an increased economic value of more than 7 Trillion Dollars since the Election. May be the best economy in the history of our country. Record Jobs numbers. Nice!” “We ran out of words to describe how good the jobs numbers are,” reported Neil Irwin of the New York Times, amplified in a Trump retweet. If you believe the headline numbers, joblessness is at a generational low with the economy booming. Trillions in nominal value added to the stock market since Trump’s election. GDP up over 3% in the second quarter. 223,000 jobs […]

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