GoldSeek Radio: Nick Barisheff, Dr. Chris Martenson Ph.D., & Robert Ian
Nick Barisheff & Dr. Chris Martenson
Guest order by seniority
Interview Recap
Nick Barisheff returns to the show, head of Bullion Management Group (BMG) and author of $10,000 Gold.BMG announced a new hedge fund for pension funds and accredited investors to prepare investors for financial calamity.Nick Barisheff cautions investors to prepare for a market deluge rivaling the 2009 crash in depth and severity.BMG notes that 19 years passed before investors returned to breakeven after the NASDAQ year 2000 dot.com crash.Investors may never recoup their investments as the meltdown may mark the end of modern financial markets.Our guest notes a triple-bubble in real estate, US equities and (P/E ratio, Tobin's Q-ratio, margin debt) and bonds.Gold aficionados will rejoice on news that the Bank of International Settlements rates gold on par with US dollars.This could temporarily reverse the negative correlation sending both gold and the Greenback to lofty heights in tandem.The new Lehman Brothers / Bear Stearns tipping point of the chaotic economic system could be Deutsche Bank (DB).The huge levels of toxic debt on its balance sheet could mark the first domino to fall, resulting in a cascade of bank defaults.Without f El Dorado-like gold mines, the limited supply and insatiable demand promises exciting times for gold investors.Case in point, Microsoft's market cap could purchase nearly the available gold worldwide.If only 5% of the $300 trillion in bubble ridden global equities / bonds / paper assets were to seek out gold.5% is likely a lowball figure, given the plethora of leveraged financial instruments available.The duo caution investors from seeking financial shelter in paper instruments as many could offer little solace.Bullion stored with serial numbers on the bars or the PGMS coins remains the safest option.Dr. Chris Martenson of PeakProsperity.com, author of Prosper! notes the global "everything bubble."Virtually every asset class was inflated by profligate monetary policies and various fiat schemes.The global economy could be on the cusp of a 2nd Great Recession due in part to protectivist trade barriers.Fed policymakers may have lost their favorite method of ringing liquidity from the global financial system.The perpetual debt accumulation system may mark the tipping point of galloping inflation.Consumer's experience ever declining purchasing power and higher cost of living expenses.The largest domestic economic expansion in history with new home starts robust.The key economic leading indicator suggests that economic conditions might surprise naysayers once a bottom is in place.Investors who listened to Goldseek.com Radio enjoyed 200% returns on their Ethereum investment in the past 5 months.The duo concur that every portfolio should include a 1-3% investment in Bitcoin, Ethereum and a broad basket.Crypto assets boost overall portfolio beta, enhancing the safe haven appeal as well as participating in the Internet 2.0 digital revolution, the currency of the future.
Please Listen Here
Dial-Up Real Audio
MP3
FAST Download
Highest Quality Download
Right click above & "Save Target As..." to download. To learn more about software needed to play the above formats, please visit the FAQ.
Guest Bios
Bob Hoye
Institutional Investors
With a degree in geophysics and a number of fascinating summers in mining exploration, one winter in "the bush" quickly led Bob into the financial markets. This included experience on the trading desk and in the research department of a large investment dealer, which led to institutional stock and bond sales.
Bob's review of financial history provided the forecasting models designed to anticipate significant trend reversals in the sometimes alarming volatility typical of the transition from rampant speculation in tangible assets to fabulous speculation in financial assets.
In anticipation of the latter opportunity, a monthly publication for financial institutions was started in January 1982.
This competently covered the stock market, the yield curve, credit spreads as well as metal and energy prices.
In 1998 the Institutional Advisors website was started as a forum for unique and reliable financial research.
Website: click here.
Peter Schiff
Schiff Gold
Peter Schiff President & Chief Global StrategistPeter is one of the few investment advisors to have correctly called the current bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts of the mortgage meltdown, credit crunch, and decoupling of commodities, precious metals, and foreign markets from the U.S. Dollar, he has become a sought-after economic commentator on a range of investment topics. Peter delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, L.A. Times, Barron's, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting a weekly radio show. As an author, he has written four best-selling books, including his latest: " Crash Proof 2.0: How to Profit from the Economic Collapse" and "How an Economy Grows and Why It Crashes."
Schiff Gold: click here.