In episode 98, Phil interviews Eric Dubin (link) from The News Doctors to discuss the Fed, Yellen, Trump, interest rates and way more.
Trump wants a weak dollar but the Fed will raise interest rates. Peter Boockvar discusses how this and other forces will collide in 2017. The latest Wall St. For Main St. podcast is now live:
Yes Virginia, government interests do manipulate precious metals mining shares so as to influence the price of gold…
Bullion was resilient in the face of constant capping efforts last month. The fundamentals for strong gold are over the top and include massive under-reported Chinese physical demand purposefully obfuscated by mainstream media and Wall Street (but documented by myself and other analysts given Swiss refiner flows). Gold blasted through $1,250 last week; something had to be done. This is how the picture looks:
What is really going on with economy, markets and the Trump administration? Debt ceiling fireworks on the horizon? Tune into this week’s “Operation Freedom” for experts discuss recent developments with Dr. Dave Janda:
From the war on cash to the surveillance state gone wild, what’s coming down the pike ought to scare the crap out people. Instead, the masses are fearful of exaggerated threats presented by the “Deep State” for mass social control.
Former Reagan Administration White House Budget Director David Stockman says financial pain is a mathematical certainty. Stockman explains, “I think we are likely to have more of a fiscal bloodbath rather than fiscal stimulus. Unfortunately for Donald Trump, not only did the public vote the establishment out, they left on his doorstep the inheritance of 30 years of debt build-up and a fiscal policy that’s been really reckless in the extreme. People would like to think he’s the second coming of Ronald Reagan and we are going to have morning in America. Unfortunately, I don’t think it looks that promising because Trump is inheriting a mess that pales into insignificance what we had to deal with in January of 1981 when I joined the Reagan White House as Budget Director.” Stock market faces 20% correction, if not much worse.
Today, we are seeing continued attacks on mining shares and the entire precious metals sector was taken down in the early New York afternoon trade. This is a continuation of the near-term trends visible last week that I discussed with Dave Kranzler on Friday’s Silver Doctors SD Metals & Markets. Precious metals will reverse very soon because the fundamentals are overwhelmingly positive for gold and silver. What we are witnessing is nothing more than the desperation of the guardians of the fiat paradigm in the face of far stronger physical market trends than widely perceived to exist given the tonnage flow moving into China, under the radar of the World Gold Council and other methodology-blinded sources that form the basis of mainstream media and Wall Street consensus opinion. – Eric Dubin, Managing Editor, The News Doctors
Silver Expert David Morgan (website link) Joins The Show & Breaks Down the Two-Month Rally In The Metals:
- Is A MAJOR Bull Move Just Getting Started, Or Is Yet Another Cartel FLUSH Coming?
- Regardless Of What’s Next, Morgan Believes If You Can Buy Silver Under $20/oz, It’s A Gift!
- The Famous Silver Investor Reveals Dollar Cost Average For His Personal Silver PositionA Must Listen Metals & Markets Starts Now:
Mr Engdahl discusses the role USAID has played in advancing the war on cash/gold in India and bigger policy objectives versus the euro and what the threat of the war on cash really means.