John Williams of ShadowStats, Erik Voorhees, CEO of ShapeShift.io, Chris Waltzek Ph.D. & Robert Ian - April 20th, 2018 - ©2005-2018. A Spina-Waltzek Production-©2005-2018 http://radio.goldseek.com/ R

April 20th, 2018Featured GuestsJohn Williams & Erik Voorhees, CEO of ShapeShift.ioPlease Listen Here Show HighlightsJohn Williams of Shadowstats.com, a leading online alternative economic-resource sees the potential for an explosive move in the PMs sector / commodities. According to Shadowstats, the official inflation numbers are significantly understated - consumers are being robbed as the pace of price increases exceeds wages. Shadowstats finds that the GDP is slowing at a rapid clip, which will be reflected in next week's official tally.The troubling sign for the domestic economy could result in the first recession amid one of the longest economic expansions in US history. Inflation is typically good news for the commodities sector, including crude oil, gold, silver and PMs shares, all of which are poised from a technical vantage point for a potential rally.The event that leads to the economic tipping point could be an expectedly sharp decline, even a crash in the US Greenback. John Williams expects that policymakers will return to quantitative easing (QE) in an attempt to stabilize the US dollar; the move could backfire resulting in a panic to procure inflation safe haven investments, such as energy shares and PMs.Erik is CEO of the instant Bitcoin and altcoin exchange, ShapeShift.io, a groundbreaking coin / token service that facilitates quick and virtually free exchange of nearly any cryptocurrency. A Bitcoin holder who wishes to convert BTC for Litecoin or any other currency, can do so online without the hassle or invasiveness of setting up a personal / business account. ShapeShift.io does not hold the clients coins, but merely purchases their coins and sells the altcoin of their choice from the existing ShapeShift.io inventory, simplifying the process. The ease and relative anonymity of ShapeShift.io are the most appealing aspects of this service and the brainchild of the forward-thinking CEO, Erik Voorhees. Our guest was a key consultant on the Denver based, SALT lending platform, a crowdunded, blockchain lending service that facilitates borrowing against BTC without capital gains issues. SALT deploys a uniquely dynamic, margin-algorithm that vastly reduces the likelihood of a margin call given the higher than typical volatility of the underlying asset markets. By using crypto assets as collateral, SALT sidesteps the need for credit scores as well as draconian regulatory issues / hurdles, returning value and anonymity to the participants. Erik Voorhee's prime directive involves replacing outdated fiat money with sound cryptocurrency, returning wealth to the rightful owners, "We the people..." (figure 1.1.). The discussion includes the 20 fold ascent of Bitcoin in 2017 and the subsequent micro-bubble in altcoins.Our guest notes 4 such bubbles have passed and he expects more to unfold as Bitcoin / altcoins dethrone fiat currencies as sound money. The dialogue turns to the much-anticipated Bitcoin forecast of top Silicon Valley venture-capitalist and crypto-pioneer, Tim Draper. Mr. Draper expects Bitcoin to increase by 30 fold from current levels en route to $250,000 by 2020. Although a lofty, speculative target, Tim Draper was one of the few to anticipate $10,000 Bitcoin, when the price was merely $500 per coin. In recent interviews Mr. Draper outlined huge disruptive opportunities to improve overcall efficiency / productivity in healthcare and government (figure 1.2.). Erik Voorhees cautions investors to first do considerable due diligence before entering the world of cryptocurrencies.The speculative nature of the sector increases risk beyond the tolerances of typical comfort levels.It is advisable to assume the investment is vulnerable to declining to zero and to maintain a healthy dose of skepticism - the host shares his sentiments.Please Listen Here Dial-Up Real AudioMP3Mp3 FAST DownloadMp3 High Quality DownloadRight click above & "Save Target As..." to download. To learn more about software needed to play t