GOLDSEEK RADIO

Professor Laurence J. Kotlikoff, Bill Murphy, Chris Waltzek Ph.D. & Robert Ian - June 15th, 2018 - Goldseek.com Radio ©2005-2018. A Spina-Waltzek Production-©2005-2018 http://radio.goldseek.com/ Roya

06.15.2018 - By CHRIS WALTZEKPlay

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June 15th, 2018(S13-E651)Featured GuestsProfessor Laurence Kotlikoff& Bill MurphyPlease Listen Here Show HighlightsProfessor Laurence Kotlikoff, author of the FREE book: You're Hired! says gold and silver investors could emerge victorious. What could drive PMs prices higher? Our trading "partners" are already starting to make it clear that they don't need us. Tensions between the US and key nations continues to ratchet up on the heels of Group of Seven nations talks in Canada this past weekend. The trade feud between Washington and Canada, Mexico, Europe, and China is intensifying. French President Emmanuel Macron proposed the US is wrecking global diplomatic relations, calling for the US to be removed from the G-7 group. According to Labor Department report, US jobless claims fell slightly this month, with the number of layoffs in the U.S. close to a 50-year low. Initial weekly jobless claims dropped 1,000 to 222,000 for the week ended June 2. The number of Americans filing for unemployment benefits unexpectedly declined indicating tighter labor conditions. The unemployment rate remains at a 18-year low of 3.8 percent. The discussion swerves to the new technological revolution in AI / robots.The sea change could displace more jobs than can be replaced over the coming years, leading to a global unemployment epidemic without viable solutions. For instance, new versions of IBM's Deep Blue AI, are displacing formerly insulated, high skill jobs deemed impervious to automation, just a few years prior (figure 1.1.). Bill Murphy of GATA.org notes the risk / reward scenario for precious metals investors may have never been this favorable. The massive JP Morgan silver short position and it's potential to cause an epic short-squeeze, sending the price of silver skyward. The dialogue includes two favorite Alpha Stock Newsletter gold stock candidates, Agnico Eagle (AEM) and Pan American Silver (PAAS).Today, the FOMC raised the overnight lending rate by a quarter point to 2% for the fist time in a decade.Policymakers noted expectations for the already tame unemployment rate of 3.8%, the lowest in 17 years, to drop further to 3.6%.The yield curve is vulnerable to inversion after the Dec. FOMC quarter point rate hike, leading to an economic slowdown as soon as the summer of 2019. The trade war between Washington and our neighbors Canada / Mexico as well as major trade partners, Europe / China remains a wildcard that has the smart money accumulating safe haven investments ahead of potential economic sanctions related blowback.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 the above formats, please visit the FAQ.

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