GOLDSEEK RADIO

Gerald Celente & Bill Murphy and Chris Waltzek Ph.D. - August 11, 2017.

08.11.2017 - By CHRIS WALTZEKPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

August 11, 2017 Featured GuestsGerald Celente and Bill Murphy   Please Listen Here Show HighlightsBill Murphy of GATA.org returns with key insights on the PMs market.The world's largest gold producing / consuming nation, China just announced a 10% decrease in production and a 10% increase in consumption. Our guest suggests a gold price target of $3,000-$5,000 to compensate for underlying real inflation levels. Bill Murphy sees signs that indicate price suppression schemes are failing - the PMs could begin the next leg of an epic ascent. Key takeaway: the cartel is losing control, it may be merely a matter of time before the physical gold market overcomes the paper gold schemes as early as Fall of 2017. Head of the Trends Research Institute, Gerald Celente returns with positive comments on the gold safe haven as well as the cryptocurrency market. Despite the fact that digital money has a market cap. of over $100 billion the topic remains highly polarized.Investors seem to come to their senses, slowly and one by one. Some analysts are forecasting the crypto market cap. to soar by 50 fold to $5 trillion.The crypto domain could rival the FOREX market, the largest global exchange. For the first time in human history, global citizens have a free, ubiquitous alternative to their local / national currencies.Anyone can have a Bitcoin account via nothing more than a second hand mobile phone, almost any transaction can take place. Policymakers world wide are losing control over the populace; investors in China / Venezuela / Brazil are opting out of the official system. Related cryptocurrencies, such as Komodo coin (KMD), offer an anonymous blockchain alternative. One of the more compelling aspects of tokens over the traditional stock shares, each token is mathematically stored in a decentralized blockchain. Mainstream Analysts are calling for $50,000 Bitcoin, approaching the $100,000 Bitcoin forecast of prescient Silicon Valley VC, Tim Draper.

More episodes from GOLDSEEK RADIO