Turning Hard Times Into Good Times

Kevin Duffy, Michael Oliver and Janet Lee-Sheriff are this week’s guests. Kevin of Bearing Asset Management, a company that has been most successful in equity bear markets, will explain why he believes we are facing a major bear market and how you can turn what will be a huge negative for most portfolios into sizeable gains over the next few years. One of Duffy’s strategies is to go long gold and gold shares and one of the most exciting new gold exploration stories is that of Golden Predator. Janet will be with us to tell that company’s story, and the always dependable and uncannily accurate Michael Oliver will give us his latest technical readings for the T-Bond, stocks, currencies, gold and commodities in general.

Peter Grandich, Michael Oliver and Jim Payne return. Farmers have learned that a goat can be trained to associate with sheep, leading them to a specific destination. In stockyards, a trained goat will lead sheep to the slaughter, while its own life is spared. Michael has opined that the U.S. T-Bond is playing a Judas Goat role by leading investors to erroneously believe the U.S. economy is strong, thus sucking them into stocks and other risky investments that are doomed to collapse. We will ask Peter who has turned rabidly bullish on gold for his thoughts on Michael's thesis and how we should prepare materially and spiritually for the likely hard times ahead. Shifting gears from precious metals, Jim will update us on dynaCERT’s progress in selling and marketing the HydroGen technology that significantly reduces fuel consumption and hydrocarbon emissions, as well as for growth prospects ahead not only for trucks but also trains, ships and generators in remote locations.

Doug Casey, Dr. Quinton Hennigh and Michael Oliver return. Generals commonly fight a war only to find out that as times change applying past strategies result in disaster. In the U.S. financial “generals” at the Fed and Treasury focus policy on avoiding the deflationary depression of the 1930s. Doug Casey takes a look at how times have changed and why fighting the 1930s battle cannot overcome a depression but why the current market correction is likely to be far different from the 1930s. In light of his vision for the future, we will ask Doug why he thinks gold and gold shares should help offset the pain of the impending depression. Quinton will update us on the progress being made toward production and expansion of the high grade Blue Spec project in Australia. Michael will share his insights into the direction of gold and other key markets.

David Stockman, John Tamny, Ronald Stöferle and Janet Lee-Sheriff are guests this week. Stockman explains in a Fox interview why Trump economics are doomed from the start. John provides details regarding Trump economics and Ronald provides insights into how you can use Austrian economics to profit in markets and avoid some of the pitfalls many followers of Austrian economics frequently experience. Except for the interview with Janet who will discuss the rapidly growing high-grade gold discovery at Golden Predator’s 3-Aces property in the Yukon, your editor will rely this week on a Fox Business interview with Stockman and two interviews conducted by Jeff Deist, President of the Mises Institute, with John and Ronald. Michael Oliver gets this week off. We anticipate he will be with us on the March 14th show.

Jean Lafleur visits for the first time. Michael Oliver, Jeff Deist and Daniel McAdams return. Now that we have had several weeks of a “would be” revolutionary president, what might we be able to project about future policies and outcomes with regard to both foreign and domestic policies? Jeff Deist who served Presidential Candidate Ron Paul as his chief of staff and Daniel McAdams who worked for Dr. Paul as his foreign affairs advisor will give us their thoughts about what the early days of the Trump administration may mean for our future. Mr. Lafleur, an experienced gold mine builder, will talk about the a multi-million ounce gold deposit his company Aurvista Gold Corp. is outlining. And Oliver will share his usual momentum insights into the stock, bond and gold markets.

Peter Grandich, Amir Adnani and Michael Oliver Return. Peter Grandich, AKA “The former Wall St. whiz kid,” returns to tell us why he thinks the U.S. equity markets are in their terminal “melt up” stage. He will also share his thoughts on what you should do to protect yourself against the carnage of the next major bear market. Michael will provide his usual dependable commentary not only on precious metals and stocks but he will also share his latest work on uranium which has been in a very long and severe bear market. Those views will be particularly important for this week’s show because Amir Adnani, the CEO of Uranium Energy, will talk about his company’s U3O8 production and profit prospects for 2017 and beyond.

Doug Casey, Peter Tallman and Michael Oliver return. Generals commonly fight at war only to find out that as times change applying past strategies results in disaster. In the U.S. financial “generals” at the Fed and Treasury focus policy on avoiding the deflationary depression of the 1930s. Doug Casey takes a look at how times have changed and why fighting the 1930s battle cannot overcome a depression but why the current market correction is likely to be far different from the 1930s. In light of his vision for the future, we will ask Doug why he thinks gold and gold shares should help offset the pain of the impending depression. Geologist Tallman will talk about Klondike Gold Corp.’s efforts to explore and develop a major gold deposit from the mother Lode in the Yukon from which millions of ounces of placer gold have been mined since the late 1800s. Michael will share his insights into the direction of gold and other key markets.

Janet Lee-Sheriff visits for the first time. David Stockman and Michael Oliver return. The S&P surged to an extremely overpriced 26X PE as investors bet that Trump can restore economic growth and corporate profits again. But how rational is that given that Americans had just elected the most disruptive, erratic, undisciplined, impulsive, glandular, ill-informed and unpredictable President ever? David views Trump not as a national savior but as a disrupter of existing evil. In the disruption process we should expect no end of caprice, cacophony and chaos from Washington. David will explain in detail why he told his paid subscribers to get out of stocks now! Meantime, Oliver’s technical analysis agrees with Stockman’s fundamental views on the S&P but he sees gold shares entering a new bull market. One gold stock your host owns and is most bullish on is Golden Predator. Happily Janet will be with us to talk of that company’s abundant high-grade gold samples and overall prospects.

John Rubino and Michael Oliver return. Whether the Fed believes that the economy is getting better and thus rates must begin to rise, or if rates are rising from an absence of buyers of U.S. Treasuries, it seems the Federal Reserve is determined to raise rates and potentially very aggressively. While President Trump criticized the Fed for keeping rates excessively low for an excessively long time during the campaign, his campaign to bring jobs back to America will not work with high rates generating a strong dollar. It seems inevitable that a war between the President and the Fed will break out in the near future. The important question is who will win that battle because it will have a lot to do with what kind of investments we want to own in the future. We will seek the insights of both guests on that and many other related questions. Your host expects to comment on some of his favorite gold mining stocks, including some of those that are sponsors for this show.

Richard Maybury and Michael Oliver return. Patrick J. Cruickshank visits for the first time. Prior to the election, Jim Rickards opined on this show that Donald Trump may be the last chance America has to return to its 1776 roots as a republic. The odds then didn’t seem great for a Trump victory but with the unexpected happening, Richard will point out why the basis for a true revolution and a return to the values of our Founding Fathers may actually be in place. But there are big differences between now and 1776 that could derail those efforts and lead to an unhappy ending. We will ask Richard how the political storms that lie ahead may impact our investments. Patrick will talk about Chilean Metals’ highly prospective iron oxide copper and gold exploration properties in Chile and Nova Scotia and the always reliable Oliver will give us his latest views on gold and other major markets of concern to regular listeners.

Peter Grandich and Michael Oliver return. With early success as a stock broker, Peter was known as The Wall St. Whiz Kid. But despite money and fame, Peter was very unhappy. Not only was he unhappy, he was clinically depressed and thought of taking his life. Thankfully, through his Christian faith, Peter found a way to live life in a joyful, peaceful and happy manner. His bank account may not be as big as it once was, but he is happy and has all the material comforts and more than he needs. We will ask him to name the 7 deadly sins of finance that caused so much pain and heartache for him and continue to lead to death and destruction for countless others. Peter remains a financial professional so we will ask him to share his views on the debt, equity and gold markets from his new perspective. Michael Oliver whose technical work has been second to none joins me once again! He did it again. Michael made another spectacular call on gold. Nothing new for Michael!

David Stockman and Chen Lin return. The stock market makes new highs as investors buy the notion that fiscal stimulus and tax cuts under Trump can return America to prosperity and rejuvenate the Middle Class. Never one to wear rose-colored glasses, former Reagan budget director Stockman will explain why a grand bargain with Russia and the disassembling of the American empire is an imperative first step toward draining the swamp. But with many swamp- residing alligators threatening to consume Trump for lunch, a gradual and peaceful withdrawal seems highly unlikely. More likely, the Empire will first implode from its own self-inflicted wounds. Given his knowledge of how Washington and markets work, what are David’s predictions for stock, bond and precious metals markets for 2017? As usual we will talk about Michael Oliver’s reliable momentum market guidance and will talk to Chen Lin who has found ways to make money in all kinds of markets will share his favorite themes in the New Year.

Alasdair Macleod, Michael Oliver and Jim Payne return. With optimism surrounding the Trump election, stocks have made new highs with the Dow nearing 20,000. But once the Trump “honeymoon” is over and reality sets in, what will be the direction for stocks, bonds, commodities and currency markets? We will look to Michael for his view on those questions from a technical point of view and to Alasdair for his fundamentalist outlook. As debt grows exponentially compared to linear growth of income, something has to give. Some analysts suggest we are heading for another 1930s deflationary economy. Others see a dollar collapse from lost confidence in the Fed leading to major inflationary problems. Alasdair and Michael will opine. Regardless, Jim's dynaCERT appears set for dramatic growth as it builds monthly capacity for manufacturing up to 6,000 HydroGen fuel saving units per month in 2017 at its Toronto-manufacturing plant leading to big gains for shareholders. Listen to prepare for 2017.

Jeff Deist, Daniel McAdams and Michael Oliver return. The political landscape has never been less certain. Those who voted for Trump were largely people who believed an uncertain future was better than the status quo that was leading America into a most certain bankruptcy and a lifestyle spiraling inevitably downward for everyone but the top 1%. When Rome was on a similar course its citizens settled for fascism as a trade off for poverty. In selecting Trump has America made a similar pact with the devil? Have we given up our liberties to ensure we have enough to eat and a roof over our heads? Jeff and Daniel who both served as staff members to Ron Paul will be with us to opine as will Anarcho-Capitalist Michael Oliver who, aside from his values of personal liberty, will share his latest technical views on stocks, bonds and precious metals markets.

Dan Oliver, Michael Oliver, Gwen Preston and Eric Coffin return. Drawing from Roman history, Dan was one of the few financial analysts who predicted a Trump victory. But be careful what you wish for, Mr. Trump, because in many ways, you are inheriting a mess similar but exponentially greater than that inherited by President Hoover. Can Trump avoid the same outcome? Dan will opine. Michael will provide his usual momentum and structural insights into the markets while Gwen and Eric share the microphone to tell us about some of the exciting gold and silver mining companies that will be exhibiting at Metals Investor Forum in Vancouver on January 20th and 21st. We will also ask Gwen and Eric for their views on the state of the gold markets and if there are any other metals markets they think look attractive as we enter 2017.

Andrew Maguire, Dr. Quinton Hennigh and Michael Oliver return. Maguire, a world renowned gold trader, will explain why 2017 will be a massive breakout year for the price of gold as investors are now starting to demand delivery of the physical gold as opposed to holding paper contracts with virtually zero physical gold backing them. True, the fact that the paper gold volume outnumbers physical gold delivery by a ratio of 92:1 suggests a moon shot price rise for gold, but why does Andrew think the confidence in paper gold is breaking down? What will bring about the tipping point that triggers an absolute demand for bullion delivery over paper demand? As actual physical demand rises for gold, the gold miners should be the best performing equity sector and Dr. Hennigh will update us on Novo Resources’ latest move toward putting the next Witwatersrand-like mine into production. Oliver will update us on his momentum-based predictions for gold and other key markets.

John Williams, Michael Oliver & Ivan Bebek return. Economist Williams, of “Shadow Stats” newsletter fame is known for his honest unemployment and inflation statistics that contrast sharply with U.S. government stats. In recent years, John has warned of an inevitable hyperinflationary depression given upward to $200 trillion of Federal debt, which can only be paid by printing money. So far, mountains of debt have slowed economic growth, keeping the CPI subdued. But that will change when the dollar inevitably crashes. Might endless monetary and fiscal stimulus of a Trump presidency tip the dollar into the dustbin of history, unleashing the hyper inflation John has been predicting? We'll ask him about that and more. Regarding gold, we will ask Michael if he is still bullish given gold’s significant price decline in the second half of 2016, and Ivan Bebek will update listeners on the several world class gold exploration projects now being explored by Auryn Resources.

William Engdahl and Michael Oliver return. Presidential candidate Trump appeared to be on the side of America’s downtrodden white middle class, offering to bring jobs back from overseas. He lambasted China, calling them foreign exchange cheaters. On the other hand, candidate Trump appeared to offer a warming of relations with Russia to the point where the Clinton campaign suggested Trump’s actions were treasonous. Historian Engdahl will provide his unique perspective on what he believes is Trump’s true agenda, namely to destroy China, Iran and Russia as America’s ruling elite move toward establishing a one world government under their control. What might that mean to the global monetary system and to various markets including the market for gold, oil and commodities in general? We will seek William’s longer-term vision on those questions and also ask Michael for his latest vision on the gold market following the sharp post-election decline for the yellow metal.

James Rickards and Michael Oliver return. With the global bankers destroying capitalism in favor of an evolving global dictatorship, common folks are rebelling against their loss of liberty and freedom. At the same time, left-leaning voters are unknowingly throwing away their liberty by depending on government handouts. The destruction of honest money by Richard Nixon in 1971 accelerated the creation of debt that is now leading to economic destruction and the carnage of endless wars by NATO. Jim Rickards will discuss this road to ruin and why the price of gold is heading to a price level many thousands of dollars beyond its current price tag of around $1,220 per ounce. And as usual, Michael will update us on his latest momentum-based views on the gold, debt and equity markets.

Andrew Maguire and James Anderson visit for the first time. Michael Oliver returns. Whistle blower Maguire has demonstrated that the gold bullion bank cartel uses an endless supply of paper money to suppress the price gold miners receive for their production. But demand from countries like China, Russia and India has been rising dramatically and with that, the gold fixing cartel out of London, which has been fixing gold prices for centuries, is coming under pressure. Is it possible physical demand could force the price of gold to be quoted honestly for a change? We will ask Andrew to opine on that and give us his predictions for the price of gold in 2017. James will tell us why NuLegacy Gold may be in the process of making a major gold discovery in Nevada and Michael will provide his usual insights into the stock, bond and gold markets.