07/31/2017 - John Mauldin: Markets, Trade, Velocity of Money, Pensions Crisis – Sees Long-End Interest Rates Going Lower
07/31/2017 - Chris Whalen: Public Debt Is The Real Driver Behind Central Bank Action
“The indebtedness of the world, especially the public indebtedness of countries, I think is the real driver behind central bank action. The reason is the dropping interest rates has ceased to be an effective way to get economies moving .. I think people have to realize that the weight of debt, and also the posture of all the major central banks, is such that low interest rates are going to be with us for a while. And until you see a change in demand so that treasury auctions are not as successful and yields in fact have to rise to attract investors, I really don’t see that changing.”
Erik Townsend Interviews Chris Whalen:
07/13/2017 - McAlvany Podcast: Illinois, New Jersey & Kentucky Pensions Fall Billions Short
Demand For Gold Soars In India – Almost Double Last Year’s Numbers
About this week’s show:
-Where Is My Retirement? Illinois, New Jersey, & Kentucky Pensions Fall Billions Short
-China, India, & Russia Stockpiling Gold Holdings While Western Hedge Funds Reduce
– Yellen, Fischer, & Williams of The Fed […]
07/13/2017 - Nomi Prins: Banking Landscape And Financial Regulations In The Trump Era
07/10/2017 - Martin Armstrong Sees Big Move To Equities From Government Bonds With Government Crises In Pensions, Debt, Unfunded Liabilities and With International Capital Flows
07/09/2017 - Dr. Marc Faber Sees The Potential Move To Extreme Socialism Or Fascism In The Western World
07/04/2017 - Dr. Marc Faber: There Will Be Another ‘Massive’ Financial Crisis In My Lifetime
“We have a colossal credit bubble in the world. Can it expand? Yes, but it cannot expand forever. One day there will be a limit and one day there will be another huge crisis because the debt level today is higher than it was in 2007.”
07/03/2017 - Peter Boockvar: Trump Will Perpetuate This Bubble For Political Reasons
07/03/2017 - Martin Armstrong: The U.S. Stock Markets May Have A Correction But Are Climbing A Wall Of Worry
06/29/2017 - Dr. Lacy Hunt: The Federal Reserve Has Undermined The Economy’s Ability To Grow
“Quantitative easing has created a lot of negatives, one of the most glaring is this liquidity which has fueled record leverage of the business balance sheet .. Quantitative easing encouraged a shift from real investment to financial investment. The Fed’s backing your play, engage in financial engineering… buyback shares, raise dividends. The business managers think they can reverse [these actions] .. It’s the investment, the real investment which grows the economy. The Fed has created very significant unintended consequences, which have undermined the US [economy’s] ability to grow and lift the standard of living.”
06/26/2017 - Peter Boockvar: The Global Bond Market Is In A Massive Bubble
06/25/2017 - Former Fed Advisor Danielle DiMartino Booth On Why The Fed Is Bad For America
06/25/2017 - Dr. Marc Faber: Massive Wealth Taxation Or Asset Deflation Is Coming
06/15/2017 - James Grant On The History Of Interest Rates & The State Of Markets
James Grant reflects on the History of Interest Rates, the State of Markets, and the Future of Finance .. About the Interview: We stop to remember a time, in which the extraordinary measures and unprecedented actions of our monetary and fiscal authorities would have seemed unimaginable. We take a hard look at money. How does this shadow of wealth find its value? How is the rate of interest determined, and what is the role of financial markets in facilitating the discovery of that value? What happened, in 2008 and what are the consequences, realized and yet to be discovered, of those very extraordinary and unprecedented actions taken by governments around the world to douse the flames of deflation? What was done in order to contain the contraction and to prevent the discovery of prices? What does the future hold in 2017, what investments does one make and where might one find opportunity in these oceans of uncertainty.
06/14/2017 - McAlvany Podcast: Will The Free Market Ever Exist Again?
This week a discussion on the manipulated “free market” and if it will truly ever be free again. Central Bank “Buying” of Securities at $300 Billion Per Month!
06/09/2017 - David Rosenberg: Thoughts On The Deflationary Headwinds Facing The US Economy, Federal Reserve Policy
“The big challenge is, if this [Boomers retiring] was happening 30 years ago, you could go to the government bond market and get 4, 5, 6%. You can’t do that today.”
“[Low Treasury yields] are why I don’t think the dividend theme is overdone. The equity market has become a more reliable generator of the reoccurring cash flows that the Boomers need than the government bond market has.”
06/07/2017 - Dr. Lacy Hunt: How Federal Reserve Monetary Policy Has Destabilized The Economy
Dr. Lacy Hunt’s explains how Quantitative Easing has undermined economic growth and affected financial stability while increasing downside risk in asset markets.
06/05/2017 - Gordon T Long: Global Central Banks Won’t Ever Decrease Balance Sheets?
Jason Burack of Wall St for Main St interviews Gordon T Long .. discussion on if Janet Yellen and the Federal Reserve can continue to raise interest rates? .. Gordon says that the Fed could possibly do 2 more 25 basis point interest rate increases in the near future before something in the real economy or markets breaks, but that the Federal Reserve and other major global central banks cannot ever reduce their balance sheets without collapsing markets and the real economy .. Gordon highlights how the ECB now has a balance sheet over $4 trillion and so does Japan’s central bank, the Bank of Japan. Balance sheets for the PBOC and Bank of England are also massive .. Gordon thinks the Federal Reserve will have to start rapidly expanding its balance sheet in the near future rather than reducing their balance sheet .. Gordon also discusses shorting opportunities he is positioning his clients for.
06/01/2017 - Dr. Marc Faber: We Have A Bubble In Everything
“We have global debts as a percent of global GDP that is 30 to 40 percent higher than it was in 2007 .. All of us and I also own lots of assets, we’re going to lose 50 percent. Either the government will to take it through taxation or expropriation or there’ll be a deflation in asset prices that is surprising most people on the downside.”
05/31/2017 - McAlvany Commentary: U.S. GDP Growth Is Matching The 1930s Depression Decade
This week’s show:
-Normally Understated Gold Expert Jeff Christian Now Sees $1,900+ Gold Price
-Russian Ruse Being Played Politically In The U.S. To Distract From Real Issues
-U.S. GDP Growth 1.33% (10 Year Average) – Identical Match To The 1930s Depression Decade