GOLDSEEK RADIO

Peter Grandich, John Scurci and Chris Waltzek PhD


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May 26, 2017 Featured GuestsPeter Grandich & John Scurci   Show Highlights John Scurci of Corona Capital Management makes his show debut. As Partner & Portfolio Manager, the JP Morgan veteran of Wall Street, utilizes decades of experience to better guide investment decisions. John Scurci warns that the US currency may be much less stable than most investors realize.The actual intrinsic value could be considerably lower than anticipated by most investment models. The 2008 Great Recession / Credit Crisis never ended; officials merely poured trillions of dollars in debt over the problem. By some measures, global debt has increased by 60% since the last financial shock, priming the weapons of mass destruction for another imminent implosion. Although he outlines a disturbing prophecy, investors may choose to heed his warning and shield their portfolios with hard assets. 2008 represented a wake up call to economic policymakers / institutions around the globe.Numerous alternatives have emerged to challenge the hegemony of the US dollar outside the purview of the IMF and World Bank. Our guest underscores many of the impressive qualities of gold.The PMs represent perfect panacea to global currency ailments. Hard assets like gold earn a place in every investment portfolio as an alternative to counter-party risk. With US equities at a record zenith, Peter Grandich of Peter Grandich and Company advises avoiding paper assets, preferring the precious metals.Amid the cryptocurrency revolution where Bitcoin and competing digital currencies can climb 100s of percent, $100 invested in 2011 is worth millions. Should investors be concerned by the prospect of related blockchain exploits, and zero-days could trigger a new PMs "gold rush?" Peter Grandich's technical analysis indicates that a new PMs bull market is forming.Investors still have time to accumulate gold / silver investments at appealing values. Despite seemingly robust domestic employment numbers, the past 10 years GDP growth average (1.3%) mirrors identically that of the decade preceding The Great Depression.According to a recent Fed statistics, 44% of American's have less than $400 in savings, while the majority continue to live from paycheck to paycheck. Put differently, over 100 million people cannot afford to pay a major car repair or health issue without using credit or insurance policies.
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GOLDSEEK RADIOBy CHRIS WALTZEK

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