GoldSeek.com Radio: John Williams and Peter Grandich, and your host Chris Waltzek

Rogue economist, John Williams of Shadowstats.com says the US dollar rally is a fata morgana, a rate hike bluff by Fed policymakers.
The 2008 market collapse / Great Recession never ended; the Treasury / Fed merely sidestepped financial calamity at an enormous cost.
Ultimately, the FOMC will be coerced by market forces, resulting in lower rates and sizable balance sheets via toxic debt purchases.
Unbeknownst to most citizens, the US Fed's is a private protective unit for the banking / financial elite.
Ever since 1932, whenever the growth of real disposable income "takeoff pay" is below 3 percent, the incumbent Presidential candidate always wins.
While our guest has high hopes for the new Administration, the 12 month lead time between stimulus and actual results could disappoint the typical American.
Our guest expects the Greenback to continue decent to lower lows, resulting in hyperinflation.
Only gold / silver investments will thrive under the end game he outlines; every household accumulate several months of canned items and ample cash / PMs.
Similar to the New Madrid earthquake stunned the Midwest by reversing the flow of the Mississippi, the next financial crisis will offer little warning time.
The new Administration could right the economic titanic in part by reviving the 40 page Glass-Stegall act to heal the financial system.

Peter Grandich of Peter Grandich and Company and host discuss one analyst's call for a seemingly outlandish silver price range of $100,000-1,000,000 silver.

Bix Weir makes a solid case for a 1:1:1 gold / silver / Dow ratio due to unique supply / demand conditions.

Silver deposits pool near the surface, unlike gold, which is characterized by deep mineral veins that extend miles beneath the crust of the earth.
Most of the easy to find silver may have already been discovered.

Insatiable industrial demand for silver as illustrated by a nearly vertical, inelastic demand curve.

Once the 165 year old price suppression scheme (Bix Weir) is exposed, little if any silver will be available for investment / currency purposes.

Demand is also heating up for gold as a currency safe haven; the price spiked to $3,600 briefly two months earlier in India.

Inevitably a PMs backed cryptocurrency, similar to BitCoin is a plausible reserve alternative.

With the impending exit of Italy from the EU, Peter Grandich expects the EU to continue to unravel, potentially leading to the dissolution of the EU experiment. In summary, Peter Grandich finds gold / silver the most undervalued investment class, worldwide.

Peter Grandich

The Grandich Letter

About Peter Grandich
Managing Member, Grandich Publications, LLC.

With no formal education or training, Peter Grandich entered Wall Street and within three years was appointed Vice President of Investment Strategy for a leading New York Stock Exchange member firm. He was the editor and publisher of four investment newsletters, and appeared on national TV and radio over 400 times.

Labeled the Wall Street Whiz Kid, Grandich gained national notoriety by being among the very few who not only forecasted the 1987 stock market crash just weeks before it happened, but on the very next day he predicted that within a year the market would reach a new all-time high which it did. Proving his 1987 forecast was no fluke, Mr. Grandich said in January 2000 that the year 2000 will go down as the year the great mega bull market of the 80s and 90s came to an end.

He speaks at numerous major investment conferences worldwide and was awarded Best Speaker Award eight times by the International Investors Conferences.

Grandich is the founder and managing member of Grandich Publications, LLC. Grandich Publications publishes The Grandich Letter. First published in 1984, it provides commentary on the mining and metals markets. In addition, the company also provides a variety of services to publicly-held corporations on a compensation basis.

In addition, Grandich is a member of the National Association of Christian Financial Consultants, and a long-standing member of The New York Society of Security Analysts and The Society of Quantitative Analysts.

To visit the web page, please: click here.

John Williams

Shadowstats.com-

John Williams aka Walter J. "John" Williams was born in 1949. He received an A.B. in Economics, cum laude, from Dartmouth College in 1971, and was awarded a M.B.A. from Dartmouth's Amos Tuck School of Business Administration in 1972, where he was named an Edward Tuck Scholar. During his career as a consulting economist, John has worked with individuals as well as Fortune 500 companies.

John Williams' Shadow Government Statistics is a monthly electronic newsletter that exposes and analyzes the flaws in current U.S. government data and reporting, as well as in certain private-sector numbers. It also looks at the financial markets free of the hype so often put forth in the popular financial media. Generally published on the second Wednesday of the month, the newsletter is supplemented by Flash Updates and occasional Alerts that highlight unusual developments.

To visit my website, please Click Here.


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