Back from a recent trip to China, Jim Rickards discusses how the Asian giant is increasingly concerned about friction with America and what Chinese policy makers are doing in response to trade and military policy, and how physical gold demand fits into the picture. Not all is as the mainstream media would have you believe. Tune into this outstanding exclusive interview, here:
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…
Bubbles everywhere! Who better to take a look at the bond market bubble and teetering stock market than Doug Noland…
Firing on all cylinders and tackling important economic and political events of the past month while looking towards what may happen in 2017, the latest “Welcome to Dystopia” is one of the most informative and downright funny episodes of recent memory. Jason and I pull no punches! – Eric Dubin, Managing Editor, The News Doctors
Mr. Townsend thinks the Dollar Index will continue to increase until global central bankers sit down and agree to another Plaza Accord to manipulate and intervene in currency markets. I’m on record for over a year: central bankers and policy makers will start to sound conservative noises about their fears of the dollar rising too far, too fast, once the Dollar Index exceeds 105. That will be a trigger for attempts to talk down the dollar, to slow the rise. We will see a huge hit to profits of U.S. large corporations as the dollar rises and there’s already signs the earning season about to get underway will carry this theme into the mainstream consciousness of market participants, and you will see this within two weeks. Mr. Townsend is one of the more sober analysts covering the alternative asset markets and his perspective usually provides rational “food for thought.” He’s a superb “global macro” thinker. – Eric Dubin, Managing Editor, The News Doctors
Jason and Mo of Wall St for Main St discuss 2016 including the Federal Reserve, interest rate increases, the 35+ bond bull market, a strong US Dollar, Donald Trump and Dow 20k.
Just how corrupt is Washington, D.C. and the political establishment and what will a Trump presidency likely face and actually achieve in terms of real reform? Jason Burack sits down with Jack Abramoff, one of the most well known former lobbyist turned whistle-blowers to explore the the swamp. Mr. Abramoff discusses specifics about the evolving Trump cabinet and how the emerging administration is shaping up as President-elect Trump prepares to be sworn-in as the next POTUS.
On Monday, I published an article (click here) and additional Facebook posts (click here) explaining that we were inside a 24 hour window where precious metals were likely setting a bottom. Upside momentum has faded and bullion manipulators are going to try to pressure prices downward. So far, the bottom has held but Thursday and Friday are key and Fed Chair Yellen is speaking before Congress on Thursday. December will see a 25 basis point Fed Funds rate hike, and this is already priced into the precious metals market but that doesn’t mean the market will not be attacked on Thursday! If we get an attack timed in association with Yellen’s Congressional testimony, it should be short-lived.
Jason and I recorded WTD #29 last Monday, after the New York market close. – Eric Dubin
I did not vote for Donald Trump. That said, the politically correct (PC) backlash we’re seeing in the U.S. is over the top.