Is This The Greatest Stock Market Bubble In History? Goldnomics Podcast
In our second GoldNomics podcast, we take a look at one of the important financial questions of our day - is this the greatest stock market bubble in history?
Listen on iTunes, SoundCloud and BlubrryWatch on YouTube below
GoldCore CEO Stephen Flood and GoldCore's Research Director and world renowned precious metals commentator Mark O'Byrne in conversation with Dave Russell discuss why U.S. stock markets appear overvalued and are likely in a bubble.
Key topics covered include:
Do the fundamentals justify the massive gains in US stocks in recent years (rise of over 300% in the S&P 500 since 2009)? Does the U.S. have a perfect 'Goldilocks economy' or a vulnerable 'Food stamp economy'? Are we in a ultra low interest rate, liquidity driven "everything bubble"? Is margin debt one of the factors driving speculation in stocks and a stock market bubble? Is there 'irrational exuberance' and overly bullish sentiment as seen in the recent headline 'Stock market never goes down anymore'? Will the printing of currency lead to its devaluation against real money gold which cannot be printed? Are higher allocations to gold of up to 20% or 30% warranted given the significant risks of today? Are there cyber risks to digital wealth and digital currencies including online deposits? Is there a case for physical gold that you can hold outside of the digital and financial system? What should people do to protect and grow their wealth in 2018 and the coming years?
GoldNomics Podcasts
Gold, Stocks, Bitcoin in 2018. Everything Bubble Bursts? (GoldNomics Podcast Episode 1)
News and Commentary
Gold Posts Highest Close Since 2016 in Heavy Trading (Bloomberg.com)
Gold hits 1-1/2-year high as dollar slumps to three-year low (Reuters.com)
Asian Equities Decline, U.S. Dollar Extends Slide (Bloomberg.com)
Trump Team at Davos Backs Weaker Dollar, Sharpens Trade War Talk (Bloomberg.com)
Dollar skids to three-year low as Mnuchin welcomes currency weakness (Reuters.com)
Gold-backed cryptocurrency planned by Perth Mint to entice investors back to metals (ABC.net.au)
Source: Bloomberg
Video: Dalio Warns That Rise in Yields Could Spark Bond Crash (Bloomberg.com)
Gold Jumps To Crucial Technical Level. Important Action Coming Up (GoldSeek.com)
Warning: The Financial System Just Made a Tectonic Shift (ZeroHedge.com)
Dollar Dumps Below Key Level - Worst Start To A Year Since 2003 (ZeroHedge.com)
Is the U.S. consumer in trouble? (StansBerryChurcHouse.com)
Gold Prices (LBMA AM)
25 Jan: USD 1,360.25, GBP 954.35 & EUR 1,095.27 per ounce24 Jan: USD 1,350.50, GBP 957.50 & EUR 1,093.77 per ounce23 Jan: USD 1,337.10, GBP 959.10 & EUR 1,091.74 per ounce22 Jan: USD 1,334.15, GBP 959.12 & EUR 1,087.87 per ounce19 Jan: USD 1,335.80, GBP 960.17 & EUR 1,087.74 per ounce18 Jan: USD 1,329.75, GBP 961.14 & EUR 1,088.40 per ounce17 Jan: USD 1,337.35, GBP 969.45 & EUR 1,092.48 per ounce
Silver Prices (LBMA)
25 Jan: USD 17.52, GBP 12.29 & EUR 14.12 per ounce24 Jan: USD 17.19, GBP 12.16 & EUR 13.93 per ounce23 Jan: USD 16.98, GBP 12.19 & EUR 13.87 per ounce22 Jan: USD 17.04, GBP 12.25 & EUR 13.90 per ounce19 Jan: USD 17.04, GBP 12.27 & EUR 13.89 per ounce18 Jan: USD 17.09, GBP 12.31 & EUR 13.96 per ounce17 Jan: USD 17.21, GBP 12.49 & EUR 14.10 per ounce