Dr. Chris Martenson PhD & Chris Waltzek PhD - June 4th, 2018.
Highlights
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.Dr. Chris Martenson from PeakProsperity.com, author of Prosper! notes the global economy has entered an "everything bubble" where virtually every asset class was inflated by profligate monetary policies and various fiat schemes. Despite easy access to virtually endless liquidity amid coordinated central bank intervention, 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, as seen by the nearly $4 trillion in Fed balance sheet debt. The perpetual debt accumulation system may mark the tipping point of galloping inflation, where consumer's experience ever declining purchasing power and higher cost of living expenses. Nevertheless, amid 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, sending the markets back to record levels by 2020. Turning to the cryptocurrency market, 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 of crypto assets to 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.
GoldSeek Radio's Chris Waltzek talks to Chris Martenson of Peak Prosperity http://www.peakprosperity.com http://www.goldseek.com/ http://radio.goldseek.com/