dystopia

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 

silver bull

Tuesday, silver was blasted lower as Bank of Japan monetary policy sent the yen declining against the U.S. dollar by about 1% – a huge move.  But silver made a full recovery.  

TND Podcast Exclusive:  Welcome To Dystopia & SD Metals & Markets

gold

India’s war on cash sends people queuing in bank lines and spikes local Indian-priced gold higher while Western markets remain oblivious…

dystopia

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

giant meteor

Despite today’s capping effort, underlying fundamentals and concerns about the U.S. election are supporting precious metals.

hqdefault (8)

Jason Burack from WallstForMainst.com joins SGT Report to discuss the latest news from the world of finance and economics where a very dystopian reality is taking shape, a ‘global order’ in which there is no rule of law and no honest money.

trump-clinton-clowns

As an American, I hereby apologize to the world.  If you thought the US Presidential Election was crazy thus far, you haven’t seen anything yet.  Jason and I survey the political landscape and tie it into what’s going on with our economy and financial markets.  – Eric Dubin

dystopia

As the Bank of Japan meets on Friday to determine just how much monetary Viagra to pop, notice the odd sense of calm?  We managed to make it through both the Democratic and Republican Party conventions without riots.  The stock market is in a state of suspended animation following the mountain of credit dumped into the markets to prevent a post-BREXIT crash.  But all is not well…

dystopia

dystopiaTND Podcast Exclusive:  Welcome To Dystopia #24

The Brexit referendum upended markets and sent politicos into a lather.  But now that central bankers have been able to restore some semblance of calm to financial markets, you’re being told there’s nothing to see here, move along…

Fact is, there’s no way around a bailout of the European banking system.  “Doc” and I  broke the story about the bail-in model and published our report on SilverDoctors.com.  We noted at the time that the bail-in model would never work, and that it would only serve as a tactical band-aid to apply to specific, small institutions, or small fires burning within specific economies, as we later saw demonstrated with the bail-in of Cyprus bank deposits.  Beyond band-aids, the bail-in model isn’t worth a hill of beans.  Get ready, European tax payer, because you’re about to socialize banker losses (and Americans, who will be on the hook, over time, with Fed swap lines that are hidden and, if not unwound, add to the Fed’s balance sheet).  Welcome to dystopia.

On this episode, Jason and I dive into a free-wheeling discussion about a number of topics.  Right at the outset, we address what’s going on with precious metals, post-Brexit, and we place that into the context of the EU banking crisis.  We address:

1) Japanese Savers Flooding to Physical Gold http://www.zerohedge.com/news/2016-07…

2) China planning to use more than $300 billion in saver’s pension fund capital for a bailout/Plunge Protection Team of their stock market http://www.zerohedge.com/news/2016-07…

3) Ben Bernanke visits Abe and Kuroda in Japan to discuss a new 10 trillion Yen “helicopter money” plan in next stage of Abenomics.

4) The more than $12 trillion in global government bonds that now have negative interest rates.

5) Bitgold/Gold Money, and the significance of Peter Schiff joining forces with the company (click here for Peter Schiff’s interview with  Josh Crumb).

Scumbag Nominees:
1) Hillary Clinton for getting off the FBI hook;

2) 26 Democrats who did the gun law “sit in” all own guns!

3) Congresswoman Corrine Brown, advocate for the poor and disadvantaged communities stealing from her charities set-up to benefit those very same constituents (linkeverybody-sucks-yard-sign

4) Bernie Sanders endorses Hillary Clinton this week! All along, we knew he was a hypocrite.  He never attacked Hillary with anything but token jabs, as he discussed big picture economic policy issues, for the most part.  Bernie never let Hillary feel any “burn” of any significance regarding her role as a war mongering wench for the military industrial complex and the interests of empire, and he defended her regarding her email scandal, which in turn, is a tacit defense of her involvement in turning Libya and Syria into hell-holes.  Progressive Bern-bots loved to speak of Bernie as offering a kinder, gentler foreign policy.  But actions speak louder than words, and Bernie never took serious punches at Hillary because he knew he would never get elected, and because in the final analysis, he’s a creature of the Democratic Party establishment, all anyone that couldn’t see that – particularly after he defended Hillary – has simply been deluded with wishful thinking.

# # # #

wall street for main street bio photoAbout Wall Street From Main Street
We provide in depth content from many investing experts all over the globe. Over 250 interviews with many top experts including Jim Rogers, Doug Casey, Dr. Marc Faber and Jim Rickards! Over half a dozen billionaires interviewed! Unique, in depth round table discussions with experts on interesting investing topics about different asset classes and sectors of the economy.  Wall St For Main St, LLC was founded by Jason Burack from JasonBurack.com and Mo Dawoud from Momoney Blog in 2009.  We are a unique investor education and financial education start-up company out of the DC/Northern Virginia area with a mission to revolutionize the way people learn how to invest.  Visit our website (click here) and our YouTube channel (click here).