Turning Hard Times Into Good Times

David Haggith visits for the first time. Chen Lin and Michael Oliver return. 2016 marks the beginning of a new epoch but not a happy one. Thanks to the evil spirit induced monetary lies propagated by Keynesians and communists, the world is entering a period of debt-induced depression the likes of which has never been seen in the modern age. With central banks around the world ushering in negative interest rates such that price discovery of capital is impossible, the world is moving away from the freedom inherent in a capitalist system into a new epoch of global debt based monetary serfdom long predicted by Austrian economists. David will discuss why 2016 is the year of transition into epocalypse. More positively, Chen will talk of a couple breakthrough biotech stocks with massive upside potential and Michael will provide his latest insights into prospects for stocks, bonds, gold and commodities.

Ellen Brown and Roy Sebag return as guests. As the debt and equity markets once again enter crash mode and as the world careens toward bankruptcy, the Fed and other central banks are planning to use your wealth one more time to save the 1% and their banker friends. Ellen will explain why your savings are at risk despite FDIC insurance. People do not realize their checking or savings accounts are not legally their own money, but rather an unsecured loan to the bank. As an over-indebted global economy defaults, leading to bad loans and insolvent banks, central planners have arranged the passing of laws to confiscate your deposits through bail-ins. Your money is at risk! That’s why you should move as much of it as possible ASAP out of the banking system into alternative places of storage. We will ask Ellen for safe storage ideas and then Roy, whose GoldMoney payment system is outside of the banking system, will explain how GoldMoney can help shield your wealth from the bankers.

Michael Maloney & Michael Oliver return this week. Recently Michael Maloney had a video with Harry Dent to discuss the state of the U.S. and global economy and they concluded that just like the Great Depression, Americans could find the value of their stocks, homes and even savings accounts wiped out. Is Maloney engaging in anti-establishment talk for the purpose of book and precious metals sales or is there an element of reality behind all this? Michael will be asked to defend his bold and cataclysmic viewpoint and address his very strongly held view that we are still in the early stages of a major deflationary environment. Mr. Dent is calling for $600 gold. As a precious metals' salesman, what does Michael think about the prospects for $600 gold? It’s always good to check the fundamental views of an analyst like Mr. Maloney by listening to the language of markets and Michael Oliver will help us do that in the precious metals markets, equity, debt, and commodity markets as well.

Jim Payne visits for the first time. John Rubino returns. The spoils of WWII enabled the U.S. to force the world to accept the petrodollar in place of a gold-backed monetary system. But in 2015 the BRICS set up their own competing system that now poses a major threat to the existing monetary and geopolitical order. Thumbing their noses at the petrodollar, they have imported huge amounts of gold and set up their own competing banking system. And now with Russia gaining influence in the oil producing Middle East, the petrodollar's days may be numbered as the world’s leading reserve currency. With a declining dollar, Americans may be facing dramatically higher prices for oil and other commodities. Given that potential, we'll ask John how we should prepare our investments for 2016? If oil prices begin to increase, Jim Payne's dynaCERT and its proven HydraGenTM provide a partial solution. Not only does it reduce fuel consumption but it also reduces carbon emissions in the process.

Alasdair MacLeod and Chen Lin return. The Chinese, Indians and Russians have been importing massive amounts of gold, yet its price in dollars continues lower due to massive manipulation by major bullion banks. Americans have been taught to hate gold and revere fraudulent fiat money, backed by nothing other than U.S. military force. But the Chinese are using gold rather than dollars to buy oil from Russia. At the same time, total international trade denominated in dollars is shrinking for the first time since the Great Depression. And the velocity of money is in decline as in the 1930s. As we enter a global recession, what will all this mean for gold in 2016? Is it time to give up on gold and declare an anti-free market, fraudulent Fed and the military industrial complex winners? Or might gold bounce back in 2016? Regardless, Chen will share some profit making ideas in biotech companies moving toward a cure for cancer and other diseases and opportunities in the energy sector.

Richard Maybury and Daniel McAdams return to reflect on the past and project into the future how U.S. foreign policy will likely lead ever more rapidly to the destruction of life, liberty and the pursuit of happiness at home and abroad. Daniel will update us on the direction of foreign policy into 2016 in troubled places like the Middle East, Ukraine and China given the thirst for war by the U.S. neocons? Richard will reflect on the history of the conflict between Christians and Muslims, what kind of environment has enabled Christians, Jews and Muslims to live in peace in the past. He will also talk about how starting with FDR, the IRS has been used to coerce mainstream media opinion in the U.S. in favor of the ruling elite and its military industrial complex killing machine. Given a dire economic future, Richard will talk about the investments he recommends for protection and prosperity in the future through difficult times that lie ahead.

David McAlvany and Jeff Deist return. The day following the first Fed rate rise in 9 years, Larry Fink, who heads up the multi-trillion dollar hedge fund Black Rock, praised Janet Yellen for her brilliant market manipulation. On the other hand, an argument can be made that Fed market manipulators like Ms. Yellen are in the process of destroying capitalism by disallowing price discovery for capital and forcing interest rates lower, and that the adjustment back toward market rates will have lead the global economy into the deepest depression ever seen. Does Ms. Yellen and other Fed PhD’s actually possess the god-like knowledge to know exactly what words to utter to launch a utopian world as Mr. Fink suggests Janet Yellen has? Should we put our faith in the wisdom of men or markets as we head into 2016? David and Jeff will opine on their views for 2016 and Michael Oliver's views on key markets will be passed along.

Dan Oliver and Michael Oliver return. Following 2008-09 it is clear that the Federal Reserve is doing all in can to destroy capitalism. By manipulating interest rates, it disallows the pricing of capital. Because politicians and policy makers do not allow savers and investors to know what the true price of capital is, capital, the lifeblood of capitalism, is being drained from the system. By denying capital to be priced, parasitic elite is becoming ever wealthier as the middle class is inexorably relegated to serfdom. How much longer can this carnage go on before a horrific deflationary depression or an inflationary explosion results? And what will all this mean for honest money, namely gold and silver? Dan Oliver will opine and Michael Oliver will update us on what his latest momentum charts are telling him with respect to gold, stocks and bonds. Time permitting; your editor will share some exciting tech stocks he and Chen Lin are excited about.

Dale Nejmeldeen of Dynacor Gold Mines visits for the first time. Chris Martenson and Adam Taggart return. The physical world has limits even if money creation does not. With massive debt-based money creation, the world is facing a dismal future of massive bankruptcies and the likelihood of major wars. Not only preparing but planning ways to thrive physically, materially and spiritually is the theme of Prosper, a new book written by Adam and Chris. Preparing financially is part of what Chris and Adam will talk about. But equally essential are other forms of capital like material, knowledge, emotional, social, cultural, living and time. The focus of this discussion will be on financial capital but the importance of other forms will be discussed as well. Dale will provide an update on the significant progress being made by Dynacor Gold Mines, one of the few companies making money and growing in the gold mining sector.

John Rubino, Gene Epstein and Michael Oliver return. Conventional wisdom holds that it took World War II to stimulate the U.S. out of the Great Depression. What evidence is there that WW II was the key to ending the Great Depression? If WWII was the key to ending the Great Depression, or even if that is false but widely believed, is there any chance of avoiding WWWIII now with wars and rumors of wars heating up in the oil-rich Middle East? What are the connections between a dollar system that requires the U.S. to control the oil markets by direct force and clandestine CIA activity and the rising levels of global hostility between the BRICS on one hand and the NATO countries on the other? What does all this mean for stocks, bonds, precious metals and equities? John will help us answer this. Gene will discuss the Dec. 3 JUNTO debate resolution: “Alexander Hamilton was a hero for the cause of liberty.” Michael will give us his latest take on stock, debt and precious metals markets.

Chris Martenson and his partner Adam Taggart, of Peak Prosperity, and Al Korelin are guests. The world is becoming ever more dangerous due to massive and growing financial, energy and environmental imbalances. Not only are financial markets in peril, but critical systems and global resources we depend on for life’s conveniences are starting to fail. There will be few places to take shelter from this coming storm. Most people assume current comforts will last indefinitely. Then when tragedy occurs seemingly out of the blue, ill-prepared citizens will panic with disastrous results. From their new book “Prosper!,” Martinson and Taggart explain why our current comforts are unsustainable and given current realities, what to do to sustain a more secure, healthy, happy and spiritually more fulfilling life. Al will join to talk about his radio show, the Korelin Economics Report as well as growing affiliation between this show and his. Comments from Mike Oliver will be shared as well.

F. William Engdhal and Michael Oliver return. Since Nixon removed gold from the dollar in 1971, the dollar’s strength has been maintained by a U.S. military that has enforced the petroleum-based dollar for world trade. That has allowed the U.S. to print endless amounts of money used for military encroachment on Russian and Chinese sovereignty. Naturally that has elicited a reaction from both countries to the point where World War III is perhaps more likely now than during the Cold War. What few realize is that the base cause of this rising conflict is the threat to Russian and Chinese sovereignty made possible by U.S. dollar hegemony backed by U.S. and NATO military force. Meantime, the BRICS are building up gold reserves as the U.S. gold is mostly gone. How will this currency war play? No one is better equipped to opine on that topic than Engdhal. And no one is better equipped than Michael Oliver to opine on the near and intermediate term prospects for gold and the dollar.

John Williams and Michael Oliver return. Since 2011, the more QE created, the more commodity prices declined and stock prices rose. Wall Street prospers while Main Street and the real economy have never fully recovered from the devastation of the financial crisis. With the global economy still very depressed, how is it possible that hyper inflation could result? The answer according to Williams is that the dollar will inevitably collapse. What might cause that to happen? How about a war with China and Russia, which is what America’s Neoconservatives apparently strive for? How about a massive sale U.S. Treasuries by the Chinese and other creditor nations tired of American and NATO belligerence? Why would China and Russia buy U.S. Treasuries when those funds are being used to remove Chinese and Russian sovereignty? This and other issues will be discussed with John and Michael will update us on what his structural momentum charts are saying about precious metals, stocks and bonds.

Richard Maybury and Daniel McAdams return. Thanks to America's flawed foreign policy, Russia has gained and the U.S. has lost influence in the oil-rich Middle East. Meantime, the U.S. is entering the South China Sea to constrain China, Russia’s closest ally. Under their leadership, the BRICS are seeking to overthrow the U.S. dollar as the world’s reserve currency and to deter the U.S. military from threatening their sovereignty. With the U.S. dollar backed by petroleum, and the U.S. losing its power in major oil producing regions of the world, what might that mean for the dollar’s purchasing power and for the price of gold? Insights into these topics will be sought from two geopolitical experts, Daniel McAdams and Richard Maybury. With gold seeming to be in a bottoming process, gold mining companies are starting to look very attractive again. Your host will pass along some market insights on gold shares and on the markets in general from Michael Oliver.

John Rubino and Michael Oliver return. Central bankers employing economic policies more akin to communist and/or fascist economics have so bastardized the capital markets that savers are increasingly punished and those who spend recklessly beyond their means are rewarded. With the monetary narcotic the Fed and other central banks have created, the capital markets and indeed the entire global economy now require more and more money creation at a faster and faster rate of speed causing the global economy to careen toward a massive implosion. Given this world is turned upside down and the negative interest rates are symptomatic of this sinful disease, how can honest, hard-working middle class folks survive? John will offer his analysis and some guidance. The always insightful Michael Oliver will help us see which markets are most likely to offer gains and which are most likely to lead to losses.

Roy Sebag and Michael Oliver return. James Turk’s dream for GoldMoney.com was for gold to return as money. His patents combined with modern technology have led to the construction of a BitGold platform that enables you to once again use gold as money. Simply load your Master Card with grams of gold and purchase goods and services as you would with any other credit card. But this Bitgold platform is more than a retail credit card. It is not only a PayPal-like system but superior in that it enables commercial transactions at less cost than ordinary international payments systems. For that reason your host loves GoldMoney (AKA BitGold) both as a consumer and as an investor in GoldMoney Inc. (OTC-BTGDF). CEO Roy Sebag will explain why Gold Money is potentially superior to PayPal and how you can use the BitGold payment platform to enhance your wealth. Michael Oliver will return to update us on his latest technical revelations on the stock, bond and precious metals markets.

David Kranzler and David Wolfin return. The eagle-eyed former Bankers Trust junk bond trader David Kranzler noticed the largest ever Treasury collateral injection into the repo market in September. There have been similar market manipulations by the Fed that have tended to correspond to crisis – the most notable being the collapse of the financial system in 2008. Could this far larger intervention be indicating another bank liquidity crisis is around the corner? Could this be one of the warnings of the next bubble bursting akin to what Kevin Duffy spoke of last week? We will ask David Kranzler to explain. David Wolfin, President of Avino Silver and Gold Mines will join us to talk about the company’s latest earnings report. If Michael Oliver is right with in his view that silver is not only about to break out to the upside but that it will outperform gold, then this already profitable little company could be a huge winner.

Kevin Duffy, David Kranzler and Michael Oliver return. Two main questions for this week’s show are the following: first, given pathological economic policies in place, what is the most likely outcome a “crackup boom” or a bursting of asset bubbles? Second, and of even greater importance, if bursting of asset bubbles is the most likely outcome, how should investors position themselves? Should gold be abandoned? What are the risks of short selling? Is this an opportunity to make money or just a good time not to lose money? We will seek David’s answer to the first question in the second segment of our discussion and on the last segment ask Kevin for his thoughts on how to position ourselves if, as your host believes, the most likely outcome is an asset deflation triggered by massive global debt default. Hopefully we will also obtain the latest technical views on the debt, equity and gold markets from Michael Oliver as well.

Jay Taylor is on vacation this week and so this week’s show features your host as the featured guest on the August 10th Voice America show “Because There’s More,” hosted by Laura Ellis. Your host explained to Ms. Ellis what shaped his world view and his desire to seek truth and why you must always question main stream propaganda. Jay also provided some general investment guidance as well as the reasons why you should own some gold.

Richard Maybury and Max Porterfield return. American politicians assume they are so good, wise and noble that they know what is best for the rest of the world. President McKinley boasted that he would Christianize the Filipinos. But they were already Christian! He went ahead and killed 220,000 any way. Behind this arrogance is the bankers’ greed that funds propaganda to Americans for their support of endless wars in the Middle East designed to keep NATO in control of the energy markets. Maybury provides insights into how Turkey’s increasing involvement in the Middle East wars is part of that plan and the importance of maintaining the U.S. dollar as the world’s reserve currency. This is essential in order to maintain the ability to print and use counterfeit money to dominate and control world markets. Max will tell us of a very important new polymetallic discovery that has the potential to generate great wealth for Callinex shareholders.