Professor Lawrence Kotlikoff, Bill Muprhy, Chris Waltzek Ph.D. & Robert Ian - September 7th, 2018 - Goldseek.com Radio ©2005-2018. A Spina-Waltzek Production-©2005-2018 http://radio.goldseek.com/ Royalty free music from Google Play. Disclaimer: this

Summary: Sept. 7th, 2018(S13-E660)Featured GuestsProfessor Laurence Kotlikoff & Bill Murphy Please Listen Here Show HighlightsProfessor Laurence Kotlikoff, from Kotlikoff.net and author of the FREE book: You're Hired! says gold and silver investors could emerge victorious.The shackles of over $200 trillion in total US debt / financial obligations and a potential trade war with key trading partners looms above the markets. Investors should procure portfolio insurance such as gold while curtailing US equities / Treasuries exposure. Our guest questions the wisdom of threats from Washington to impose an additional $200 billion in tariffs on China.The trade skirmish has already impacted lumber imports from Canada that increased the average new home prices by over $9,000. The professor notes the US government is bankrupt, which makes long-term Treasuries risky relative to shorter term US notes as well as US equities. The American per capital savings rate has plunged in recent decades from 15% (similar to Japan / China currently) to 3%, suggesting very little flexibility of the typical domestic home to withstand unforeseen economic hardships. The Listener's Q&A segment includes phone calls from Marcus, Trenton and John on the timely topics of gold, the Kinesis project and stocks / bonds.Marcus starts off today’s discussion with comments on the Kinesis project headed by Andrew Maguire and CEO Coughlin.The Kinesis gold backed cryptocurrency project from Down Under appears legit according to Goldseek's top brass. We continue to expect big things from Kinesis: paper in .PDF form. One key caveat, initial public offerings are very tricky to navigate and involve higher than typical risks. For instance, the Komodo ICO, was a stealth currency that had an excellent underwriter. It turned out to be one of the best performers in history, but quickly crashed from the 50 fold opening day price to the original tokens at pre-ICO price. In most cases and for most investors it is safest to wait until an ICO goes public and organic price discovery reveals the true value. The SALT lending platform ICO was legit and vetted every single US investor, spent thousands of hours making sure that everything was above board. The price mostly fell from the ICO price, bounced once back to the opening price and to this point is in recovery. The Smith - Crown website includes reviews of key ICOs. Sometimes discounted, pre-ICO offerings via earliest bird prices are worthy candidates. For those with patience who don’t want to spend a single dollar and have a chance at FREE ICOs, simply request a link via email to bookmark a page. John from Sunny San Diego asks questions about the COMEX gold / paper contract ratio.The GATA.org folks notes little gold to cover the contracts, approximately 1 / 100 ounces / contract; a force majeure could unfold.The flattening yield curve reveals expectations that the short yield could eclipse the longer yield by summer of 2019.As the Fed wraps up it’s rate hike cycle and central banks in EU / China / Japan turn hawkish, the greenback will be under pressure.As market forces favor the Yen, Yuan and Euro in place of the dollar in anticipation of higher yields, the US stock market advance could pause.US equities investors may anticipate the rise of alternative currencies and the positive impact on competing indexes such as the Nikkei and the DAX.Trenton claims to be an an investor in the sound deck.io blockchain that could potentially ignite a creativity revolution incentivising artistic output.Bill Murphy of GATA.org expects the global monetary crises to converge leading to explosive gains in the PMs sector. According to GATA.org, the gold cartel continues to raid the PMs sector as sending the gold / silver ratio to 85, making silver an irresistible value. The host expects the Fed to complete the FFF rate hike cycle by mid-2019, with no more than 2 rate increases next year.As a result, inflationary forces could exert downward pressure on the