GOLDSEEK RADIO show

GOLDSEEK RADIO

Summary: Broadcast interviews with top economic and financial experts covering the gold, silver and stock markets. Timely articles, market updates and proprietary technical analysis.

Join Now to Subscribe to this Podcast
  • Visit Website
  • RSS
  • Artist: CHRIS WALTZEK
  • Copyright: COPYWRITE 2008, ALL RIGHTS RESERVED

Podcasts:

 Dr. Stephen Leeb & Dr. Chris Martenson | File Type: audio/mpeg | Duration: Unknown

Dec. 4, 2015Dr. Stephen Leeb & Dr. Chris Martenson Please Listen Here: Summary: Best selling author / mathematician / economist, Dr. Leeb and the host discuss a disturbing trend in the domestic economy.Despite the lowest Jobless Claims numbers in decades, economic growth remains anemic. Given the 75% odds of an FOMC rate hike at the December meeting, the first in nearly a decade, the strong dollar and resulting higher rates will continue to put pressure on the mortgage / housing sector as well as the general economy. The combination will push the already struggling economy passed the tipping point, into full blown recession. As predicted by the Dr. and the host on this show for months, the Yuan finally gained reserve currency status this week, changing the global monetary structure forever.Dr. Leeb's work indicates that the inclusion of the Yuan in the SDR currency basket could cap the Greenback advance and encourage gold bulls. The duo agree that the economy is facing a flock of black-swan like anomalies such as: negative interest rates, global debt explosion, and rehypothecation, to name a few. Once the rate hike threat passes, both agree that commodities, oil and the precious metals will likely ascend to new bull market records. In addition, China has unveiled a new crude oil market index, which may become the de facto benchmark worldwide, potentially marking the end of the Petro / Dollar era and a new period of Petro / Yuan dominance.Dr. Leeb discusses his meeting and correspondences with World Chess Champion Gary Kasparov. Chris welcomes Dr. Martenson from PeakProsperity.com - Dr. Martenson categorizes capital into eight essential types in his new must read book, Prosper!The good doctor is concerned about a potentially risky period of economic deflation, were insufficient money And credit are available to sustain high debt levels, with as much as $200 trillion in default risk. The event will lead to central bank intervention by way of massive monetary stimulus, such as QE to infinity. Although paper promises, such as stocks And bonds, remain the investment du jour, the deflationary event will reduce paper claims to their intrinsic value: zero. There are too many paper claims And too few assets to back them - eventually the pendulum will swing back from the current extreme to the other apex. Wealth safe havens will regain their place as the de facto investment classes, such as gold, silver, precious metals shares, oil And commodities. The discussion includes the challenges facing modern medicine And the viable alternatives that everyone can use to their benefit. The Dr. notes that 80-90% of physical ailments begin with inflammation, in the kitchen, mirroring the thoughts of renowned physician, Dr. Mark Hyman. By identifying a few key dietary changes / lifestyle improvements, an effective course of treatment unfolds, free of charge And without any side-effects. The plan involves a two prong approach.Show HostChris WaltzekAbout ChrisContact Host:gsradio@frontier.comPlease listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370

 Peter Schiff, Louis Navellier, Bill Murphy & Harry S. Dent Jr. | File Type: audio/mpeg | Duration: Unknown

Nov. 27, 2015Peter Schiff, Louis Navellier, Bill Murphy and                           Harry S. Dent Jr.Please Listen Here: Summary: Economist and best-selling author Harry S. Dent Jr., returns with commentary on the latest FOMC rate decision. Fed officials have no intentions of hiking rates in 2015, despite the hawkish rhetoric making the media reports. Financial debt-bubbles are typically followed by deflation, not inflation, which is a key reason why Fed policymakers hands are tied. Too many money managers piled into the risk-off, long-only trade - the unwinding process could be more protracted than anticipatedThe recent equities selloff could be merely the opening salvo of a new downtrend in equities, culminating with multiple price implosions.The downtrend could persist throughout 2016. The housing, echo-boom of 2009-2015 is losing momentum as investors / builders brace for higher rates.Household income per capita has plunged since 2008, more than $5,000 - eroding another key housing demand factor. Harry S. Dent notes the new long-term downtrend in housing.He expects the market to drop by at least 40-50% on average and much more in frothy regions. The net result will be buying opportunities for those who anticipating the sea change event. The HGX Housing Index, appears to be developing the most bearish of all technical price patterns (Figure 1.1.). Chris welcomes back to the show, Bill Murphy from GATA.org. The discussion includes Nassim Taleb's latest work, AntiFragile, free PDF link listed below. Due to Fed intervention, risk was removed from the markets, that is until recently. Even hedge funds that are supposed to ameliorate risk, employed long-only investment strategies to remain competitive. However, without the Fed rate panacea, the threat of higher rates rattled the markets. The duo discuss the growing crowd of cognoscente who insist that the precious metals (PMs) markets are manipulated. Bill Murphy agrees with friend of the show, Jim Rogers, that a currency crisis could unfold, sending the precious metals skyward. For instance, the Argentine currency dilemma resulted with a 100% in the price of gold in approximately 12 months (Figure 1.1.). The next bull market in gold / silver and related equities could unfold at an alarming pace, making the prescribed accumulation via dollar cost averaging all the more sound an investment strategy. Despite months of hawkish jawboning by Fed policymakers, the benchmark overnight lending rate will remain fixed at .25 at the next FOMC meeting, with a 91% probability (Figure 1.2.). The duo ask the poignant question, "What do Fed policymakers know about the domestic economy, that is holding back the inevitable rate hike?"Show HostChris WaltzekAbout ChrisContact Host:gsradio@frontier.comPlease listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370

 Dr. Paul Craig Roberts & CEO, Eric Fier | File Type: application/vnd.rn-realmedia | Duration: Unknown

Nov. 20, 2015Dr. Paul Craig Roberts / CEO, Eric Fier (guest appearance by seniority)Please Listen Here: Summary: Eric Fier, President, CEO and Director of SilverCrest Metals, joins the show. As a geological engineer and certified geologist, President Fier understands the mining business, from the ground up, literally. SilverCrest Metals is a reset of the successful SilverCrest Mines, with the same management. The solid management team is the hallmark of successful mining operations. The Sonora region is home to their flagship property. CEO fier deploys a strategy to maximize shareholder wealth. The Durango region is home to the Guadeloupe Property; initial results indicate solid gold and silver deposits. The cutting edge 'phased approach', through starting operations in a small fashion, only expanding via cash flow is yielding a competitive edge. Estimated year-end cash reserves of $7.5 million, suggests the operation is poised for solid growth over the next two years. Dr. Paul Craig Roberts, Assistant Secretary of the Treasury for Economic Policy and editor / columnist for the Wall Street Journal / Business Week returns. His work indicates a collapse of the national economic "House of cards," is imminent, no longer a question of if, but merely a matter of time. A few leading banks carry more debt each, than the entire world's output: global GDP (GWP: $76 trillion), according to the World Bank. In order to stop the doomed system falling into a deflationary sink-hole, interest rates have been held low to the detriment of retiree's. Unlike all previous economic recoveries the latest has coincided with a declining labor force participation rate.His work indicates that the gold market is rigged, to maintain US dollar hegemony. Eventually the process will be reversed, resulting in much higher yellow metal prices. Show HostChris WaltzekAbout ChrisContact Host:gsradio@frontier.comPlease listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370

 James Turk & John Williams | File Type: audio/mpeg | Duration: Unknown

Nov. 13 , 2015James Turk / John Williams (guest order - alphabetical)Please Listen Here: Summary: James Turk of GoldMoney.com returns to the program with less than sanguine comments on the domestic economy. Half of 25 year olds in the US are living in their parent's homes, struggling to make ends meet.The statistic is emblematic of the erosion of the economic affluence of the middle class. The issue stems from lost purchasing power of the currency, resulting from profligate monetary expansion. When income is adjusted for inflation and related expenses, most employees earn far less than medieval serfs.The desperation of the situation is exacerbate by the off-shoring of tens of millions of high paying jobs, due to NAFTA and related policies. The persistence of gold backwardation (current spot lower than future price) should not occur, as it presents an arbitrage situation.Since 2000, gold has appreciated over 11% on average each year and held it's purchasing power much better than most competing asset classes. The US dollar is lower, while stocks and bonds have hardly budged since that point, while gold has ascended at least four fold, $250 to over $1,000. Economist John Williams of Shadowstats.com returns to the show.The true underlying economic situation, hidden within the "official" economic data, is less than encouraging. The typically cool-headed and collected economic-sleuth is unnerved by Fed policies. His work indicates that the economy never recovered from that ominous period, resulting in the current stagnation. Our guest echoes American economist Dr. Frank Knight who noted: economics is simple.John Williams uncovers fingerprints of gold market manipulation / rigging, likely stemming from official sources. His analysis indicates a US dollar endgame scenario of less than sanguine consequences. The host suggests an alternative hypothesis: the PBoC is aggressively promoting China's Yuan currency to the IMF, as a global reserve currency alternative, as seen by the recent currency pegging to the Swiss Franc. Therefore, dollar strength resulting from imminent US rate hikes in 2016 and dovish moves by the ECB, PBoC and the BOJ, are responsible for most of the 12 month dollar rally and resulting commodities weakness. John Williams and the host agree that the perfect panacea for the typical investment portfolio remains PMs, the ideal insurance policy. Show HostChris WaltzekAbout ChrisContact Host:gsradio@frontier.comPlease listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370

 Gerald Celente & Bob Hoye | File Type: audio/mpeg | Duration: Unknown

Oct. 23, 2015Gerald Celente & Bob Hoye Please Listen Here: Summary: Chris welcomes back Bob Hoye, senior investment strategist of Institutional Advisors.The first silver coin minted in the US in 1794 sold at auction for $4,993,750 this week, an extreme illustration of the wealth preserving qualities of the PMs.Institutional Advisors, suggests that every investor own gold as insurance against the unexpected, particularly in the long-term. Our guest ignores the PMs supply / demand conditions, preferring instead to monitor silver / gold ratio for credit issues. His in-depth technical analysis agrees with that of the host - US equities may be re-testing a break-down, resistance level, indicative of a bear market. The recent lackluster domestic unemployment announcement could restrain Fed policymakers from raising rates. The head of Tocqueville PMs fund expects the continued flow of PMs from Western nations to Eastern countries to culminate in a short-squeeze of epic proportions. In the next phase of the credit crisis, gold could surge higher, as a refuge of last resort. Head of the Trends Research Institute, Gerald Celente outlines a less than sanguine economic ontology. A modern economic depression could develop, due in part to stagnant wages and shadow unemployment. Fed policymakers may heed Former Fed Head, Dr. Bernanke's suggestion to push the benchmark lending rate into negative territory. In Dickensian-like fashion, savers hand over their capital to lenders, while paying for the less than savory opportunity. The Trends Research Institute recently hosted a conference with leading speakers, including Dr. Paul Craig Roberts, Dr. Gary Null and Ralph Nader. Our guest expects the premium for financial portfolio insurance to skyrocket, boosting demand / price of PMs, his preferred retirement safe haven. Show HostChris WaltzekAbout ChrisContact Host:gsradio@frontier.comPlease listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370

 Louis Navellier & Peter Schiff | File Type: audio/mpeg | Duration: Unknown

Oct. 16, 2015Louis Navellier & Peter Schiff Please Listen Here: Summary: Chris welcomes back Louis Navellier of Navellier Growth for another market discussion. Louis has a knack for identifying multi-year themes in the market, well ahead of the top financial pundits. He outlines the similarities between the 2011 downdraft in US shares and 2015, noting expectations for one more retest of the September 2015 lows. More cautious investors are advised to consider re-entering equities positions on the week before Thanksgiving. Our guest is watching the Fed closely - he expects policymakers to hold rates steady, otherwise increase a quarter percent in December. He places low odds on a 2016 rate hike, due to the upcoming November election. Favorite stock sectors include health care, such as CVS (CVS), as well as Darden Restaurants (Capital Grille) (DRI), Costco (COST), Lowes (LOW), Southwest Airlines Lowes (LUV) and Starbuck's Coffee (SBUX).Chris welcomes Peter Schiff, Chairman of SchiffGold.com.The discussion includes less than robust economic reports including sluggish retail sales. Peter Schiff thinks the economic recovery is less than genuine; conditions are far more dire than reported. According to a major EU investment bank Saxo, gold may have found a solid bottom - the yellow metal could soar as high as $1,400. However, Peter Schiff thinks the figure is conservative, given the recent failure by Fed policymakers to raise rates. His findings indicate the true Fed agenda involves preparations for the next round of monetary easing, QE4. Bullion supply conditions remain constrained - the US Mint and the Canadian Mint are unable to meet demand due in part to weekly silver coin quotas. In addition, the Australian Perth Mint sold a record 2.5 million silver ounces in the latest reading; an all time record. Even if gold were to decline to $800 the small downside risk is fractional relative to the upside potential; the risk-reward is highly favorable. 2016 could be the renaissance year for the PMs, gold may surprise even the most staunch aficionado as the sector begins to reflect true intrinsic value. Even with the 14% advance in the XAU index last week, gold shares may represent a fantastic opportunity, relative to general equities. Plus, the real estate sector may experience an epic plunge, similar to the 2006 peak, as financial institutions unload huge shadow inventories on a public ill-prepared to switch from renting back to home ownership. Show HostChris Waltzek: About ChrisContact Host:gsradio@frontier.comPlease listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370

 Arch Crawford & Ross Givens | File Type: audio/mpeg | Duration: Unknown

Oct. 9, 2015Arch Crawford & Ross Givens Please listen here: Summary: Arch Crawford, head of Crawford Perspectives, - he's double short the market bounce, in anticipation of continued volatility. Arch likes the PMs, noting that tight supply conditions could help bring about a renaissance in the sector He is accumulating silver in his personal stockpile. Arch Crawford thinks the rebound rally is merely a bounce.He earned $500,000 shorting US equities in 2008, using only $2,500, via put options. He is currently following a similar strategy (caution advisable). Although the Black-Scholes options pricing model works well with at / near-the-money-strike prices, far out-of-the-money options tend to be vastly underpriced. This presents huge opportunity at market tipping points, according to chaos theory, Dr. Taleb, Arch Crawford and the host. The duo suspect that the next bull market in the precious metals (PMs) could unfold in lightning fashion, beginning with a sudden dollar collapse. The impetus could be continued US Treasury sales by the BRICS nations, per current headline reports. The financial dialogue resumes with WTIC - Arch thinks that buying opportunities will abound in black gold.Chris welcomes Ross Givens, from Wealth Empire to the show.The duo concur that the Blog-o-Fear may be wrong on US equities; stocks are oversold and could present a long-term portfolio opportunity. Stocks represent an excellent valuation over fixed-rate debt instruments, such as bonds. His work indicates that gold / silver are reaching fire sale prices as the cash cost of mining production approaches the spot price. Mining production is low and supply is tight. When price is low, fewer projects are viable adding to already narrow supply conditions. The net result is increased demand, which is perfect for bull market conditions. He suggests adding the gold stock mining ETF to portfolios (GDX) to leverage a potential gold bull market. The host suggests the (GDXJ) to participate in the smaller cap gold / silver mining operations, with the proviso of dollar cost averaging into positions. The crude oil sector is entering similar conditions, where investment in new operations has dwindled, setting up a long-term opportunity. Similar to the Alpha Stocks Newsletter, Wealth Empire monitors the investment strategies of top hedge fund investors and money managers, like Warren Buffett, George Soros, and Carl Icahn, through SEC holdings reports. Favorite stocks include Apple Computer (AAPL) and General Motors (GM). Show HostChris Waltzek: About ChrisContact Host:gsradio@frontier.comPlease listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370

 Bill Murphy & Harry S. Dent Jr. | File Type: audio/mpeg | Duration: Unknown

Oct. 2, 2015Bill Murphy & Harry S. Dent Jr. Please listen here: Summary: Economist and best-selling author Harry S. Dent Jr., returns with commentary on the latest FOMC rate decision. Fed officials have no intentions of hiking rates in 2015, despite the hawkish rhetoric making the media reports. Financial debt-bubbles are typically followed by deflation, not inflation, which is a key reason why Fed policymakers hands are tied. Too many money managers piled into the risk-off, long-only trade - the unwinding process could be more protracted than anticipatedThe recent equities selloff could be merely the opening salvo of a new downtrend in equities, culminating with multiple price implosions.The downtrend could persist throughout 2016. The housing, echo-boom of 2009-2015 is losing momentum as investors / builders brace for higher rates.Household income per capita has plunged since 2008, more than $5,000 - eroding another key housing demand factor. Harry S. Dent notes the new long-term downtrend in housing.He expects the market to drop by at least 40-50% on average and much more in frothy regions. The net result will be buying opportunities for those who anticipating the sea change event. The HGX Housing Index, appears to be developing the most bearish of all technical price patterns (Figure 1.1.). Chris welcomes back to the show, Bill Murphy from GATA.org. The discussion includes Nassim Taleb's latest work, AntiFragile, free PDF link listed below. Due to Fed intervention, risk was removed from the markets, that is until recently. Even hedge funds that are supposed to ameliorate risk, employed long-only investment strategies to remain competitive. However, without the Fed rate panacea, the threat of higher rates rattled the markets. The duo discuss the growing crowd of cognoscente who insist that the precious metals (PMs) markets are manipulated. Bill Murphy agrees with friend of the show, Jim Rogers, that a currency crisis could unfold, sending the precious metals skyward. For instance, the Argentine currency dilemma resulted with a 100% in the price of gold in approximately 12 months (Figure 1.1.). The next bull market in gold / silver and related equities could unfold at an alarming pace, making the prescribed accumulation via dollar cost averaging all the more sound an investment strategy. Despite months of hawkish jawboning by Fed policymakers, the benchmark overnight lending rate will remain fixed at .25 at the next FOMC meeting, with a 91% probability (Figure 1.2.). The duo ask the poignant question, "What do Fed policymakers know about the domestic economy, that is holding back the inevitable rate hike?"Show HostChris Waltzek: About ChrisContact Host:gsradio@frontier.comPlease listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370

 Catherine Austin Fitts, Arch Crawford & Avi Gilburt | File Type: audio/mpeg | Duration: Unknown

Sept. 25, 2015Catherine Austin Fitts, Arch Crawford & Avi Gilburt Please listen here: Show HostChris Waltzek: About ChrisContact Host:gsradio@frontier.comPlease listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370

 Jim Rogers, Vince Bodnar & Bob Hoye | File Type: audio/mpeg | Duration: Unknown

Sept. 18th, 2015Jim Rogers, Vince Bodnar & Bob Hoye Please listen here: Chris Waltzek: About ChrisContact Host:gsradio@frontier.comPlease listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370

 David Morgan and Axel Merk | File Type: audio/mpeg | Duration: Unknown

Sept. 11th, 2015Featured Guests David Morgan and Axel Merk Please listen here:

 James Turk & Peter Grandich | File Type: audio/mpeg | Duration: Unknown

Sept. 4th, 2015Featured Guests James Turk and Peter Grandich Show HostChris Waltzek: About ChrisContact Host:gsradio@frontier.comPlease listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ.

 David Nickoski and Jeffrey Christian | File Type: audio/mpeg | Duration: Unknown

Aug. 28, 2015Featured Guests David Nickoski and Jeffrey Christian Please listen here:Show HostChris Waltzek: About ChrisContact Host:gsradio@frontier.comPlease listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ.

 Peter Schiff and Gary Dorsch | File Type: audio/mpeg | Duration: Unknown

Aug. 21, 2015Featured Guests Peter Schiff and Gary Dorsch Please listen here: (alphabetical order)Summary:Gary Dorsch, publisher of Global Money Trends Newsletter, notes how officials around the globe continue to debase their money to bolster ailing economies. The race to the bottom may have dire consequences, worldwide. Not only are some company shares collapsing, but their bonds, too. Our guest notes that the economy is producing on average 200,000 jobs per month, home prices have recovered while corporate conditions have improved markedly, so it's inappropriate to hold rates near zero. Expect the Fed to follow the advice of the BIS and end the 6.5 year holding pattern with a rate hike next month. The ECB and BOJ will continue quantitative easing by a combined $1.5 trillion. Yields on low quality bonds continue to soar, pushing prices to record lows. Our guest expects gold to find a bottom around $1,000 per ounce. Proviso: if the Fed holds rates steady, the bottom may already be in place. Peter Schiff, Chairman of SchiffGold.com and the host discuss the expected Fed rate hikes, scheduled for as soon as next month. Our guest thinks the benchmark rate will remain set near zero, providing the rocket fuel to propel the precious metals into orbit. The domestic economic is in far worse shape than indicated by the official data so a rate hike could crush the economy. Fed officials will avoid rate hikes igniting a new wave of quantitative easing, QE4. Signs of underlying economic weakness abound, such as the lowest home ownership rate in 50 years. The guest / host concur that the Monetarist panacea involves holding rates steady and not raising them to ward off the looming financial crisis. Peter Schiff calms investors concerns regarding the bear market, noting that another 20 year downtrend is unlikely. Show HostChris Waltzek: About ChrisContact Host:gsradio@frontier.comPlease listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370

 Dr. Stephen Leeb and John Williams | File Type: audio/mpeg | Duration: Unknown

Aug. 14, 2015Featured Guests Dr. Stephen Leeb & John Williams Please listen here: (alphabetical order)Summary:John Williams of Shadowstats.com returns to the show with dire comments on the domestic economy. Headline inflation is understated by opaque statistical methods, making national output seem much more robust than reality. Dollar strength is supported by the perception of economic recovery, but a stealth recession looms. Once the the public recognizes they've been duped and panic ensues, his models indicate that gold and energy investments will ascend to inspirational heights. John Williams thinks investors should ignore the FOMC; even if officials raise rates in September and again in December, the markets have already discounted the event. His constructs all foretell of a singular, inevitable outcome - global hyperinflation. Dr. Leeb and the host discuss the opportunity for every nation to extend friendship, embrace and glean pearls of wisdom from the second largest economic powerhouse, China to garner synergies across this national borders. Dr. Leeb applauds China's initiative, in particular the recent 2015 stock market crash of 30% in only 3 weeks (PEK) was offset via swift intervention. The host agrees with Dr. Leeb's stance on gold backed currencies - it is an inevitability that price will adjust to reflect the true intrinsic value. The discussion turns to the 2,500 year old book of wisdom, The Art of War by Sun Tzu (Free .pdf copy here). Dr. Leeb suggests the story of Ah Q, based loosely on reality, a China folk hero who overcame the slings of false accusations, slander and belittlement. By understanding the wisdom of respect and fair treatment, Western officials, diplomats and business people can build synergies with China.The duo discuss a concept posed in Wealth Building Strategies, Waltzek (2010), where officials could have directed the credit crisis related, trillions of dollars in bailout funds directly to struggling homeowners, and restored the financial system by reenacting the Glass-Stegall Act. If US officials had accepted that the onus of debt repayment involves a partnership between the lender and the debtor, this nation would flourish amid a new economic-rennaissance. Dr. Leeb reexamines gold in terms of fiat money, noting gold's platonic qualities, particularly when juxtaposed against paper money. When the monetary system eventually implodes and the injustices between the top and bottom classes comes to the fore, gold will again regain an essential role in global society, making the precious metals a must-have asset for every individual.Show HostChris Waltzek: About ChrisContact Host:gsradio@frontier.comPlease listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370

Comments

Login or signup comment.