Rank #1: Puerto Rico: Tax Haven or Economic Disaster?
While Puerto Rico is losing population big time, some people are going there for tax advantages over the US mainland. What is the truth about the economic status and future of the island? Our guests are Frank Worley and Albert Soutomaior (pictured). Worley was co-founder of the original Libertarian Party of Puerto Rico and is founder of MIRE (Movimiento Independentista Republicano). Soutomaior writes policy for the Libertarian Party of Puerto Rico and is one of the co-founders of the Institute for Human Freedom. Show notes: http://goldnewsletter.com/podcast/puerto-rico-tax-haven-or-economic-disaster/.
Rank #2: The Calm before the Storm: Defaults Ahead
Jim Grant of Grant's Interest Rate Observer has more than three decades of experience monitoring macroeconomic metrics, and he is aghast at the post-Great Recession era. We are in uncharted waters, in terms of low and negative interest rates and seemingly worldwide and unprecedented currency devaluation. While Grant is reluctant to offer timing for the next correction, in what he calls the "default cycle," he believes the US economy is already overdue. He also fears the next correction could be even more severe and long lasting than the previous one. Show notes: https://goldnewsletter.com/podcast/jim-grant-the-calm-before-storm-defaults-ahead/
Rank #3: Tone Vays: Demystifying the Blockchain, Avoiding Digital Snake Oil
Tone Vays is an independent analyst of bitcoin and a former contributor to Brave New Coin and the Coin Telegraph. An outspoken critic of many "blockchain" initiatives, he cuts through the sales pitches. Show notes: http://goldnewsletter.com/podcast/tone-vays-demystifying-the-blockchain-avoiding-digital-snake-oil/.
Rank #4: Fed Unwinding Means Imminent Recession
The Federal Reserve system's unprecedented monetary expansion for the past decade, highlighted by negative real interest rates, means only one thing: there will be consequences, and they won't be pretty. Peter Boockvar says the Trump bump may have delayed the inevitable, and tax reform may push a recession back another year. However, he says any optimism over the new president cannot undo the damage already done. Show notes: http://goldnewsletter.com/fed-unwinding-means-imminent-recession/.
Rank #5: The Unstoppable Rise of Gold as Money
Jay Taylor is a gold bug going back decades, and he foresees a rocky path and inevitable debasement ahead for fiat currencies. Even if the formal gold standard is gone, gold offers both asset protection and, with digitization, an ever more convenient medium of exchange. Show notes: http://goldnewsletter.com/podcast/the-unstoppable-rise-of-gold-as-money/.
Rank #6: The War on Cash: Cui Bono?
There is a battle on two fronts that is circling and tightening the strings on cash for transactions. Both intellectual figureheads and policymakers are limiting particular uses of cash and, in some cases, banning high denominations. Lawrence White of George Mason University takes a look behind the scenes and applies the "Baptists and bootleggers" analogy. There are the true believers, and then there are those who stand to profit. Show notes: http://goldnewsletter.com/podcast/the-war-on-cash-cui-bono/.
Rank #7: Escape the Education Conveyor Belt
Michael Strong loved learning but hated school. Now he designs schools that are not dry environments of passivity and dependence, but rather places of inspiration, innovation, excellence, and creativity. Show notes: https://goldnewsletter.com/podcast/escape-the-education-conveyor-belt/.
Rank #8: What Technical Analysis Foresees for Gold
Financial analysts resort to different viewpoints to study markets and prepare for moves, utilizing both technical and fundamental data points. Avi Gilburt, one of the most prominent technical analysts in the world, lays out the case for Elliott wave theory. This attempts to look at the market objectively, disregarding exogenous factors and one's own emotions. He has an impressive track record based on his guiding principle that "numbers don't lie." Gilburt believes the gold market still has downside room for a couple of weeks before a bullish set-up starts building up. Show notes: http://goldnewsletter.com/podcast/avi-gilburt-technical-analysis-gold/
Rank #9: Why Markets Fall but Real Estate Still Pays
"The big money players collect streams of income," says Russell Gray of the Real Estate Guys Radio Show. Meanwhile, "they convince the rank-and-file investor to try to buy low and sell high." Gray wants more people to reap the benefits of owning rental property, and he has trained countless people to do just that. Show notes: http://goldnewsletter.com/podcast/why-markets-fall-but-real-estate-still-pays/.
Rank #10: Gold Prices: What Does the Data Foretell?
For the data enthusiasts, we have your man. Jordan Roy-Byrne is editor and publisher of the Daily Gold, and he and Brien Lundin seek to make sense of a litany of numbers as they relate to both straight gold prices and the values of junior mining companies. Show notes: http://goldnewsletter.com/podcast/gold-prices-what-does-the-data-foretell/.
Rank #11: The Way Out of Fiat Currencies
George Gilder has broken up with Wall Street, and he describes the industry as a beacon of cronyism rather financial innovation. An author of 20 books, he now believes in the dire need for sound money, ideally backed by gold. He is also confident that privately created digital currencies will bring down the central banks and their cartel affiliates. Show notes: https://goldnewsletter.com/the-way-out-of-fiat-currencies/.
Rank #12: Game Theory for Gold
For centuries, gold bugs and investors have touted the yellow metal's qualities as money and sought to analyze the fundamental trends behind its price. Since the end of the gold standard, however, it has morphed into an asset to protect against government mismanagement. What drives the gold price today is market confidence in the Federal Reserve (or lack thereof), argues Ben Hunt, co-founder of Second Foundation Partners, which publishes Epsylon Theory. Harnessing the power of game theory, he has devised a system to analyze the language of central bankers and other information agents, which has become an economic-policy tool in its own right since the Great Recession. Show notes: http://goldnewsletter.com/podcast/game-theory-for-gold/
Rank #13: The Venezuela the Media Won't Report
Venezuela has been the butt of jokes in the American press — lacking toilet paper, beer, and even potatoes for fries at McDonald's — but her history and policies have slipped under the radar. One man who has paid attention is José Alberto Niño, a Venezuelan by birth who now lives in Colorado. A grassroots activist and prolific writer, Niño lifts the veil on how Venezuela fell from grace and what will become of the authoritarian narco-state. Show notes: https://goldnewsletter.com/podcast/the-venezuela-the-media-wont-report/
Rank #14: Eric Coffin's Best Buys in Mining
Get your pen and paper out, because Eric Coffin is a longtime analyst of junior mining prospects, where the potential for returns is the greatest, but so is the risk. Shownotes: http://goldnewsletter.com/podcast/eric-coffins-best-buys-in-mining/.
Rank #15: Know Thyself: Budgeting in the Social-Media Era
For the first time, total credit-card debt in the United States has surpassed $1 trillion. Many households struggle to make ends meet and don't know where to start saving money, so they roll over high-interest credit. Kumiko Ehrmantraut, aka the Budget Mom, shares her insights as a certified financial counselor, and she explains how having her son turned her life around and forced her to focus on her finances. Show notes: https://goldnewsletter.com/podcast/know-thyself-budget-mom-social-media-era/.
Rank #16: Prepare for Uncharted Waters
Chris Martenson and Adam Taggart are what Brien Lundin calls Ivy League preppers. Unlike many people who predict economic and environmental breakdowns, they are supremely educated and refined in their analysis. They note that the flood of low-interest credit at this time is like nothing before in history, and it is creating a bubble of historic proportions. Show notes: https://goldnewsletter.com/podcast/prepare-for-uncharted-waters/.
Rank #17: How to Profit from Marijuana Legalization
Nick Hodge is on the hunt for contrarian investments, opportunities to beat the pack. Lately, via his Outsider Club newsletter, he's been touting the merits of both medical and recreational cannabis as areas for investment. Show notes: http://goldnewsletter.com/podcast/how-to-profit-from-marijuana-legalization/.
Rank #18: How to Spot a Bubble
As much as many of us want to believe in the efficient-market hypothesis — that all information is embedded in the price — turmoil and the business cycle continue to challenge the notion of rational markets. The question then is, how does one know when there is a market bubble and, perhaps more important, when it will pop? Daniel Lacalle of Spain, now based in the United Kingdom, is a prolific author and commentator on economics and finance. Also a certified international investment analyst, he joins us to explain the key traits of a bubble and the distinction between a correction and the popping of a bubble. Show notes: https://goldnewsletter.com/podcast/how-to-spot-a-bubble/.
Rank #19: What Becomes of the Broken European Union?
Brexit is happening, and Election Betting Odds gives it 87 percent likelihood within the first half of 2017. The question then is, what now? What will the European Union look like without the British, the most classical-liberal member nation? Show notes: http://goldnewsletter.com/podcast/what-becomes-of-the-broken-european-union/.
Rank #20: Three Lessons for the DIY Investor
Many of us have a penchant for handling our own affairs, for going our own way in financial matters. Dickson Buchanan of Monetary Metals has learnt the hard way, and he has distilled his hindsight into three key lessons. Show notes: https://goldnewsletter.com/podcast/three-lessons-for-the-diy-investor/.