GOLDSEEK RADIO

April 29, 2016Featured Guests:Monty Guild & Bill MurphyPlease Listen Here: Summary Chris welcomes back Monty Guild of Guild Investment who sees solid signs in the commodities markets, in particular gold and crude oil. Guild Investment is bullish on both sectors, due in part to expectations of future dollar weakness. Their long-term viewpoint on gold is solidly bullish due to the need to payoff global debts through further currency debasement. The massive economic engines of India and China will continue to absorb dwindling precious metals supply. He expects oil and gold shares to benefit from the lower dollar theme. Brazil, Russia, and Canada are favorite investment nations. The continuing economic theme of negative interest rates / QE is accelerating in Japan, amid unfavorable demographics. Our guest is convinced that the failure of EU banks to follow their US colleagues and recapitalize following the 2008 economic emergency, could spark a new 2007-2008 style Credit Crisis in the next few years. His finding is corroborated by friend of the show Boston University professor, Laurence Kotlikoff - the true domestic debt load is approaching $220 trillion. A favorite equity includes biopharmaceutical Gilead Sciences (GILD). Easy access to home loans in the US combined with the trend of immigration will continue to flood the real estate sector with capital. For safety minded investors, Australia, Canada and the US are top on the Guild list of friendly nations, thanks to solid legal and accounting policies. Bill Murphy from GATA.org returns with encouraging comments on the PMs sector, in particular his "Texas Hedging Scenario." The smart money is simultaneously long silver futures and bullion, instead of the more typical physical hedging arrangement. The net impact suggests the big players, such as the commercials who are heavily short amid dwindling bullion supply, could trigger a force majeure. The remarkable resiliency following each selloff suggests evidence of a sustainable rally. The discussion includes comments from Keith Neumeyer, CEO of First Majestic Silver. The respected silver market executive was contacted by a major electronics manufacturer, seeking to replenish their dwindling stockpile of silver bullion. If the predictions of CEO Neumeyer come to pass, the price of silver will make a zenith over $100 per ounce. Bill Murphy adds that the yellow metal is trading at half of the fundamental value, representing an irresistible bargain for metals-minded aficionados. Show HostChris WaltzekAbout ChrisContact Host:[email protected] listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370

April 22, 2016Featured Guests:Peter Grandich & Bob HoyePlease Listen Here: Summary: Chris welcomes back Bob Hoye, senior investment strategist at Institutional Advisors. Bob outlines his latest forecasts for gold, silver their shares and the US stock indexes. Just as the emotions of fear (nadirs) and greed (zeniths) still reign in the financial markets, little has changed in hundreds of years of monetary policy. As it is today, so it was even in antiquity - policymakers debased their currencies, until all that remained was the base metal content. The outcome is always the same, each nation / empire entered a protracted period of decline. The discussion turns to the Reuters report, regarding the DB financial institution's confession of long-term silver fixing. The major banker agreed to reveal several of its conspirator's in a settlement. Bob Hoye's work indicates that during deflationary Great Crashes, since the 1600's, 80% of the time gold (real money) has yielded stunning returns.Peter Grandich of Peter Grandich and Company rejoins the show with comments on US equities and the Precious Metals sector. The precious metals sector could continue to shine this year amid increased global geopolitical tensions, as well as improved demand and limited supply. Years of pessimism have increased the likelihood of solid gains in 2016. This fact is most evident from a technical perspective. Each wave of selling is followed by an even stronger rally, suggestive that sellers have exhausted themselves, a plus for the bulls. The guest / host agree that portfolio diversification with a heavier weight on the PMs sector is advisable. He views the US shares market as somewhat ambiguities and bifurcated. While corporate earnings have slowed, the engine of higher share prices, investors have discounted the odds of future Fed rate hikes. Monetary policies are the central reason why US shares continue to tread water. By propping up economic conditions with near zero rates and buying up toxic debt, the slight of hands artificially boost GDP. As a result, the pseudo-recovery has put the domestic economy in jeopardy. Show HostChris WaltzekAbout ChrisContact Host:[email protected] listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370

April 15, 2016Featured Guests:Robert Kiyosaki, Dr. Marc Faber, Professor Burton Malkiel & Marin Aleksov(encore show) Please Listen Here: Summary: Dr. Burton Malkiel, Professor from Princeton University returns to the show to discus the 11th edition of his magnum opus, A Random Walk Down Wall Street. His outlook for 2016 is somber - equities and most asset classes seem overvalued. The CAPE P/E ratio, currently near 23 in the US, which indicates US shares are overpriced relative to global shares, on a historical basis. When valuations are extended, diversification is most necessary, buffering the impact of increased volatility. Although the professor agrees with the host that 2016 will be a year of Fed rate hikes, tame economic conditions will likely hold policymakers in check. The idea of market unpredictability is comparable to quantum mechanics, where Einstein could not accept quantum theory. Instead of predicting price outcomes, probability theory facilitates enhanced portfolio return. Even the Oracle of Omaha, Warren Buffett has publicly denounced active investing, instructing his heirs to engage in passive index investing. The professor offers his favorite index fund with a low expense ratio, the ETF: (VTI), with a remarkable expense ratio of 1/20th of one percent, 0.0005%. Using such low expense ETFs, the typical individual investor can easily outperform virtually all top money managers and hedge funds. Adding bonds to stock index funds is advisable. Chris welcomes back Dr. Marc Faber, a widely respected economist and editor of the GloomBoomDoom report. Our guest expects the Fed to backpedal with the new rate hike policy, with the announcement of a new wave of monetary expansion this year, QE 4. Policymakers are pushing on a string - monetary expansion is far less affective with each installment. Although the equities indexes are being buoyed by a few key shares, the majority of stocks are in bear market territory. Dr. Faber questions the veracity of official US economic figures, noting a high likelihood of a recession in early 2016 despite official indications to the contrary. After years of stagnation, gold shares are outperforming most sectors, as their relative value encourages wise investors to allocate funds into the XAU. Dr. Faber recently added to his gold position, using weakness as an opportunity to procure sound money at a discount. The storage cost for physical gold bullion is low making the yellow metal an ideal asset to outperform other commodities amid a 2016 rebound rally.Chris welcomes back to the show, Marin Aleksov, CEO of Rosland Capital.Our guest says the recent market volatility, domestically as well as in Asia, which could lead to a 2008 style market crisis, halting the FOMC rate hikes.In addition, the collapse would increase appeal of safe haven assets such as precious metals. Marin Aleksov is primarily concerned with the return of his wealth and less so with the return, on his portfolio.Our guest advocates a gold allocation of 20%-30% per investment portfolio. Investors may be placing too big an emphasis on near-term performance. Gold is still higher by over 25% since 2008. With gold priced at bargain levels, the risk / reward is enticing.Millions of investors worldwide are seizing the opportunity to increase exposure with limited downside. Chris welcomes Robert Kiyoaski, America's 'Rich Dad' back to the show, author of Second Chance: for Your Money, Your Life and Our World (2015).The Rich Dad book series author expects the US share slide to continue in earnest. He's convinced that the yellow metal has completed the bear market, which is why he's directing funds to the gold safe haven. Investors are advised to ignore the dollar price of gold and silver and focus instead on the number of ounces in their stockpile."The biggest risk is not owning it (gold)." He's watching the price of oil closely. He leaves the listening audience with a warning - an epic financial crisis is imminent, much worse t

April 8, 2016Featured Guests:John Embry & Bill Murphy Please Listen Here: Summary:Bill Murphy from GATA.org returns to the show with comments on the national gold stockpile. A growing cadre of researchers note that gold swap arrangements make decyphering the domestic a daughnting task, so reserves are likely overstated. Wise BRIC central banks are accumulating the metal at new records, according to the World Gold Council (WGC), 480 tons of gold was purchased. Key takeaway point: once the gold enters their vaults, the ounces essentially evaporate from the market. Gold bears can no longer claim that the monetary metal carries zero interest, gold and silver both pay substantial interest by avoiding interest payments. Like John Embry, Bill Murphy expects a big shift in investor tastes, making the unloved silver sector the defacto loved asset class du jour. His work indicates a 100:1 risk to reward ratio in silver, $1-$2 risk on the downside with at least $100 on the upside. Naked short-selling in the highly illiquid markets helping send PMs shares to outperform the underlying metals, as shorts scramble to cover. Chris welcomes back, John Embry, Senior Strategist at Sprott Asset Management.He shares his outlook on the precious metals sector. News that gold was higher by 16% in the first quarter unnerved the central bank cartel, sending shockwaves through their ranks. US equities appear wildly overvalued, despite constant support from government officials. He cautions investors on US stocks - new purchases may not be warranted. Nevertheless, the PMs equities indexes HUI / XAU remain robust.The PMs shares tend to lead the underlying PMs higher. While the 80% advance in the HUI may seem excessive, the covering of billions of 'naked' shares, could support higher prices. The retail market may not have even begun to dip its collective toe into the proverbial marketplace, which could extend the impressive rally. While gold is destined for a several fold price explosion in the coming years, silver represents the best bargain. The gold : silver ratio could easily drop from 80:1 to 20:1 sending silver to $60 per ounce without any change in the gold price. Show HostChris WaltzekAbout ChrisContact Host:[email protected] listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370

April 1, 2016Featured Guests:Jim Rogers & John Williams Please Listen Here: Summary: •Chris welcomes back Jim Rogers from his Singapore office - he notes twice as many US stocks were down in 2015 as up, a bearish market breadth indication. •The primary reason why the equities indexes remain aloft is the enormous debt burden added to the balance sheets of the Fed, since 2008. •But unlike 2008, 2000, 1987 and even 1929, the US is now the largest debtor nation in the world, putting the country at elevated risk of default. •This anomaly presents the most precarious economic quagmire in national history. •He's currently long the US dollar (from much lower levels), the Yuan, Chinese stocks, short US shares, long agricultural futures and holding on tightly to gold / silver. •Poised like a praying mantis, the ever vigilant investor is anticipating the right opportunity to increase his gold / silver exposure. •With an established knack for identifying profit opportunities outside the scope of the mainstream media he recently developed a penchant for undervalued Russian bonds and rubles. •Unlike the West, Russia is not a debtor nation but a creditor, for instance, Cuba owes Russia $25 billion as of 2013 figures. •Economist John Williams of Shadowstats.com returns to the show with a characteristically non-sanguine stance on the economy. •Global QE operations are detrimental, meant only for temporary banking system support, as a result long-term QE operations have caused economic dependence. •The low rate methodology is particularly deleterious for retiree's, many of whom •House loans are challenging to procure; 25% of existing house sales are cash transactions, indicating nervousness on the part of lenders. •Our guest expects Fed policymakers to revamp QE operations to prevent a systemic collapse in the US dollar. •Anything to avoid a Great Deflation - sending inflation to much higher levels. •The action fails to address the Fiscal spending / monetary debt issues. John Williams favors physical bullion, gold / silver sovereign coins over bullion bars. •The host / guest agree that as the dollar slide begins in earnest, WTIC, crude oil prices will rebound in spectacular fashion. •When the unscrupulous share buyback effects are removed from US stock indexes, clearly market momentum has stalled. •The US economy never truly recovered from the 2008 Great Recession and could roll over into a similar scenario. •The host notes that the US has been in a recession since the year 2000, when the GDP is properly adjusted for inflation - the guest responds that the current economic quagmire is comparable to the Great Depression (Figure 1.1.). •The reason why it has not been recognized by the mainline media as a Great Depression, is due to government subsidies. •Without such programs, lines would form miles long around national soup kitchens. •John Williams views gold and silver as the ultimate investment portfolio hedging components - essential balancing mechanisms. •Our guest not only joins the chorus of leading financial pundits, but projects the voice above them all, calling for $100,000-$1,000,000 per ounce gold. Show HostChris WaltzekAbout ChrisContact Host:[email protected] listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370

March 25, 2016Featured Guests:Harry S. Dent Jr. & Bob Hoye Please Listen Here: Summary: Chris welcomes back Bob Hoye, senior investment strategist at Institutional Advisors. Our guest says a new cyclical PMs bull market is underway - he favors the PMs shares. US dollar weakness may indicate a top is in place.The FOMC has lost control of the economy, backpedaling on rate hikes and returning to a more dovish stance. Seasonal factors are positive for both commodities and the energy sector. The host suggests increasing investment portfolio weighting in the PMs and energy sectors.Harry S. Dent Jr., says gold is far more appealing that US stocks on a valuation basis, noting: "I would buy gold over US shares any day of the week." Thanks to Fed rate tapering, funds have been redirected into commodities, especially gold. Our guest notes that gold is the best inflation hedge available to investors. Given that the future is rarely 100% knowable, a 10-20% gold / silver investment portfolio component is advisable. The recent stock market gyrations could indicate a crash is imminent, similar to the 2008 meltdown, but perhaps even worse. Unlike cash in the bank earning negative interest rates around the world, gold does not carry the burden of a negative interest rate. The host / guest disagree on the inflation / deflation debate - the host notes the recent plunge of the US dollar that is anti-deflationary. Mr. Dent's ontology indicates that central bankers are deleveraging the greatest debt bubble in global history. US stock indexes will drop at least 70% in the next few years, according to Mr. Dent. Eventually a second Great Depression is inevitableAlthough policymakers are delaying the day of reckoning, eventually the FOMC will resume QE efforts with gusto. The Fed's current balance sheet indicates zero signs of tapering, plateau at best (Figure 1.1.) Show HostChris WaltzekAbout ChrisContact Host:[email protected] listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370

March 18, 2016Featured Guests:Dr. Stephen Leeb & Bill Murphy Please Listen Here: Summary: Bill Murphy from GATA.org kissed the Blarney stone on St. Patrick's day, which evidently sent silver flying higher by 5%.The gold to silver ratio plunged from a recent high of 83 to 79 - AG is poised for an explosive advance.Our guest says the PMs cartel has lost control of the metals markets. There has been a 100% retracement of the 2011 rally to $50, which subsequently ignited a three stage, Saturn V rocket launch into orbit. Our guest is watching $18.50 resistance - if breached, silver bulls could run the world's most useful precious metal to as high as $25 in short order. Bill Murphy expects $100+ silver in the coming years, an epic advance that might have already begun in earnest. The host outlines a Fibonacci retracement from the $50 peak to the recent $13.50 nadir. The following targets are possible: $21, $30 and $37 followed by $50 and then triple digits in the coming years. Bill Murphy's takeaway point: why worry about a few dollars on the downside if the rally fades when the upside is triple digits for silver bulls? Chris welcomes Dr. Stephen Leeb, best selling author and head of The Complete Investor.After a string of 7 best-selling financial tomes, Dr. Leeb is writing his magnum opus on the gold market, which he refers to as the last great bull market. Our guest notes, "Gold is a metal that attracts paradoxes - gaining over 300% as the leading major index class compared to a 40% gain in the S&P 500." Unlike stocks / bonds that typically require brokerage accounts and intermediaries, gold and silver can be purchased and held on hand. Rare earths, graphite, germanium and related minerals could also boost investment portfolio returns. He makes the uncharacteristically bullish gold forecast, noting the king of currencies could climb to as high as $10,000-$20,000, in the coming years. The duo outline a portfolio opportunity with even greater expected return and perhaps a superior risk / reward ratio.Show HostChris WaltzekAbout ChrisContact Host:[email protected] listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370

March 11, 2016Featured Guests:David Morgan & Dr. Chris MartensonPlease Listen Here: Summary:Chris welcomes Dr. Martenson from PeakProsperity.com - the co-author of Prosper! is watching the crude oil market for signs of a double bottom pattern. Gold is higher by about 15% so far this year and remains strong, rebounding sharply from oversold conditions. Gold fundamentals continue to impress - last week, Blackrock halted issuance of new gold ETF iShares $7.7 billion, due in part to insatiable demand. Gold is best positioned to benefit from a major paper money zenith - global monetary policies virtually guarantee success. The domestic economy is weak, built on flimsy monetary policy and enormous corporate debt. The huge P/E's ratios and sluggish growth increases the odds of a serious US equities decline. Dr. Martenson highlights his self-sustaining, solar water-heater that pays remarkable dividends in the form of energy savings family as well as benefits society with a lowered carbon footprint. The Silver Investor David Morgan and the host discuss the best annual start in the PMs sector in 35 years, according to The Economist magazine. Our guest expects the short covering bonanza to continue for a month or two as retail investors regain confidence and push their chips back into the market.His work indicates a new bull market is underway - however, additional gains could be tame as investors slowly accumulate new long positions.The massive debt implosion, as outlined by the economist Schumpeter: "creative destruction" virtually insures better times to come for PMs investors.When gold is priced in terms of global currencies such as Canadian dollars, the gold bull market never ended.Our guest reminds the audience of the classic words of JP Morgan, "Gold is money and everything else is credit."By this logic, dollars, pounds, euros, yen and yuan are all unbacked paper promises; only gold and silver are true wealth.Just as the BOE gold sales of 1999-2002 marked the end of the bear market, the recent sale by the bank of Canada is a positive indication. Show HostChris WaltzekAbout ChrisContact Host:[email protected] listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370

March 4, 2016Featured Guests:James Turk & Bob HoyePlease Listen Here: Summary: Chris welcomes back Bob Hoye, senior investment strategist at Institutional Advisors. His new peak momentum indicator tends to identify market zeniths and subsequent new bear markets.It currently suggests gold and silver correction could soon pass, clearing the path for a new primary bull market. His work on the silver market ranging from the 1500’s to today indicates that the current divergence in silver relative to gold could portend a financial crisis. Bob Hoye is convinced that restoring confidence in the global currency system due to profligate policymaker decisions will require a global gold standard. Canada officially has sold 100% of its gold reserve stockpile, near the bottom of a multi-year bear market. Homes are overpriced in many towns, especially McMansions. Junk bonds and many stocks are entering bear market. Gold stocks are positioned to benefit from the financial volatility.James Turk of GoldMoney.com returs to the show - he's watching the gold / silver ratio closely.The current reading near 80:1 may represent a significant relative value for silver, especially given the naturally occurring, geological 10:1 ratio. Were silver to merely return to the traditional level, the price would leap to three digits, even if the price of gold remained static. Just five years ago, the gold / silver ratio approached 30:1 - a similar figure would put the silver price 2.5X's higher, approximately $35 per ounce. Due in large part to negative lending by global central banks, the cost of storing gold is negligible, relative to the cost of negative savings rates. Investors are understandably more concerned by the return of their funds than by the return on their funds (Will Rogers). James Turk's inflation forecast suggests that millions of PMs investors will benefit from the outcome. Show HostChris WaltzekAbout ChrisContact Host:[email protected] listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:

Feb. 26, 2016Featured Guests:Monty Guild & Bill Murphy Please Listen Here: Summary: Bill Murphy from GATA.org says the gold cartel has lost the ability to suppress price due in part to record physical demand. The HUI advanced as much as 70% in merely six weeks. Fed officials and their BOJ / EU colleagues have turned markedly dovish, sending a signal to investors of the potential opportunity in the PMs market. While gold market represents an incredible valuation opportunity, Bill Murphy thinks silver is the most undervalued asset in history. Our guest makes the bold silver forecast of $100-$150, representing a 10 fold, 1000% expected return. As the CRB commodities market finds a floor, silver investors could benefit from not only the monetary aspects, but the industrial applications. Once the full monetary strength is realized, a 10:1 gold / silver ratio could catapult the price of the remarkable metal to well over three digits. As astronomical 500+ P/E ratios, such as that of Apple Computer revert to the mean, hundreds of billions of dollars will flow into the PMs sector. Chris welcomes back Monty Guild of Guild Investment - his sources insist that China is accumulating huge gold reserves under the table at deep discounts.Canada and many other countries have sold much of their gold reserve stockpiles to raise funds.The myopic decision will backfire, ultimately requiring the repurchase of gold reserves at much higher prices. Monty Guild expects the PMs shares to outperform the underlying metals. Distrust in government officials and bargain prices could set the base for much higher PMs prices. An oil market price floor could unfold in coming months due in part to recent OPEC member supply limits. US and international paper assets such as stocks and bonds are far less appealing in 2016. Although equities P/E ratios indicate overvaluation, our guest likes shares in Google (GOOG). The head of Guild Investment outlines 3 key geoeconomic themes in the US, EU and China: The burden of enormous national debt will limit US economic prospects. China is in far better economic shape than anticipated; Banking sector in the EU is facing insolvency issues - a Russia / Turkey showdown seems imminent. His exceptional grandson is a high school mathematical-prodigy, who penned a remarkable book, Physics Reforged, available at Amazon.com. Show HostChris WaltzekAbout ChrisContact Host:[email protected] listen here: Dial-Up Real AudioMP3FAST Download:Highest Quality Download:Right Click Above and "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ. NEW - Hotline - Q&A:1-206-666-5370 Bill Murphy GATA.org Bill Murphy, GATA Chairman Murphy grew up in Glen Ridge, N.J., and graduated from the School of Hotel Administration at Cornell University in 1968. In his senior year he broke all the Ivy League single-year pass-receving records. He then became a starting wide receiver for the Boston Patriots of the American Football League. He went on to work for various Wall Street brokerage firms and specialized in commodity futures. He began as a Merrill Lynch trainee and went on to Shearson Hayden Stone and Drexel Burnham. From there he became affiliated with introducing brokers and eventually started his own brokerage on 5th Avenue in New York. He now operates an Internet site for financial commentary, www.lemetropolecafe.com. To visit the website, please click here. Monty Guild Guild Investment Management Monty Guild founded Guild Investment Management in 1971. Mr. Guild is a recognized expert in the areas of international investing and economics. He has been a writer and speaker on economic issues for 30 plus years and has been widely quoted in the world media. Mr. Guild supervises the investment and research functions at Guild Investment Management. He holds a BA in economics and an MBA with highest honors. Mr. Guild and Mr. Danaher manage the aggressive growth, global growth, a