-- Published: Sunday, 10 January 2016 | Print  | Disqus 

Summary:

• Chris welcomes back Jim Rogers from his Singapore office, who says a financial crisis is imminent.
• His largest currency position remains the US dollar, which will likely rally into a bubble which eventually implodes in spectacular fashion.
• Although not a safe haven, the US dollar seems impervious relative to most global currencies, for the moment.
• He continues to monitor the gold market for signs of capitulation, to add to his stockpile.
• Russian and Chinese firms present appealing investment opportunities.
• Jim Rogers holds short positions in US shares, in anticipation of further volatility on the heels of the Fed rate hikes.
• The zinc market is off over 90%, making ETF shares (ZINC) a potential turn around candidate in the coming weeks / months / years.
• Chairman of SchiffGold.com, Peter Schiff returns to the show with dire warnings of a looming currency crisis.
• His work indicates that eventually, momentum will return to the gold market, making $100+ days commonplace culminating $5,000 gold.
• The multi-year bull market in stocks may be viewed in retrospect as a Fed fomented bubble, which crushes million of retirement portfolios.
• Artificially low rates inspired large corporations to repurchase their shares via cheap debt, which can only end badly for investors.
• Although US retail sales are solid, better leading economic indicators like the Dallas Manufacturing Index and the US Weekly Leading Index are rolling over (Figures 1.1. & 1.2.).
• The dollar was on the verge of collapse during the credit crisis, but was saved by the bailout.
• The next decline will require the formation of an entirely new currency.

Show Host

Chris Waltzek

About Chris

Contact Host:

gsradio@frontier.com

NEW - Hotline - Q&A:

1-206-666-5370

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Peter Schiff

Schiff Gold

Peter Schiff President & Chief Global Strategist
Peter 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.

Jim Rogers

A Bull In China

Jim Rogers is the author of Adventure Capitalist: The Ultimate Road Trip and Investment Biker: On the Road with Jim Rogers. He is an investor who has been chronicled in Jon Train’s Money Masters of Our Time, Jack Schwager’s Market Wizards, and other books. He has been frequently featured in Time, The Washington Post, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times, and most publications dealing with the economy or finance. He has also appeared as a regular commentator and columnist in various media and has been a visiting professor.

To visit my website: click here.

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 -- Published: Sunday, 10 January 2016 | E-Mail  | Print  | Source: GoldSeek.com

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