GOLDSEEK RADIO

Gerald Celente and Nick Barisheff


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Sep. 23, 2016Featured GuestsGerald Celente and Nick Barisheff   SummaryNick Barisheff of Bullion Management Group (BMG) notes that most of the above ground silver stockpiles were sold before the year 2000. Only 20% of silver is the byproduct of pure silver mines, the remaining 80% is derived from base metal production, such as lead. The net result: 50% of silver demand is industrial in nature with unique nearly vertical asymptote-like demand / supply curves. No matter how costly silver becomes, industrial demand for items like solar panels and laptops / iPhones / Androids remains constant. Even if jewelry demand were to drop to near 0%, the remaining 50% industrial demand holds constant. When Ford Motors purchased $2 billion of palladium, the precious metal with similar industrial qualities leaped 10 fold (Figure 1.1). Until the 2011 gold zenith, the trend in US debt and the price of gold tended to walk in lock step, in near perfect correlation. If the relationship were to return, it would require a price of $3,000 gold to reflect today's debt levels Using Professor Lawrence Kotlikoff's $200 trillion debt figure, $30,000 gold. One day in the not so distant future, investors will notice gold is $2,000-$3,000 higher than the day before and it will be too late to procure discounted PMs. Head of the Trends Research Institute, Gerald Celente returns with comments on the recent bombings in NY and NJ. Once gold closes firmly above $1,400 per ounce, a new bull market will be underway, according to the Trends Research Institute. By sending interest rates to 46 year lows, policymakers temporarily halted an economic implosion, which resulted in a real estate bubble. Survival / Sur-thrival in the modern economy requires some novel thinking. The world is passing from the Industrial / Information age to a robotics era, which will eliminate millions of jobs. One key outcome will be an education overhaul, including interactive artificial intelligence-instructors and virtual classrooms. Robotics will usher in positive outcomes, including virtual vision and memory enhancement. Show HostChris Waltzek About ChrisContact Host:[email protected] listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right click above & "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q and A:1-206-666-5370
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GOLDSEEK RADIOBy CHRIS WALTZEK

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