GoldSeek.com Radio: Peter Schiff and Bill Murphy, and your host Chris Waltzek

Featured Guests
Peter Schiff & Bill Murphy
Guest order by seniority
Show Highlights

The head of SchiffGold, Euro Pacific Capital, and Euro Pacific Gold Fund (EPGFX) returns.
Our guest owns a house and condo in Puerto Rico, where a direct hit from CAT 4 Hurricane Maria plunged all 3.4 million inhabitants into total darkness.
Hundreds of thousands will require relocation.
The discussion includes new national emergency in California - wild fires have claimed at least 15 fatalities, hundreds of missing persons.
The string of natural disasters in 2017 illustrates the importance for every household to prepare for unexpected events.
Peter Schiff is less concerned with the imminent rate hike expected (87% odds) at the December FOMC meeting, focussing instead on a potential QE.
China announced plans to "compel" Saudi Arabia to exchange oil for Yuan / gold, a big plus for the PMs markets.
Venezuela just suggested a preference for the Ruble / Yuan over the Greenback for energy trading.
As the world turns to alternative currencies, a watershed moment could unfold for precious metals investors.
China stunned the world with news that official gold reserves soared to 12,100 tons, proven in-ground.
Sources speculate the actual figure is 20,000-30,000 tons, including friend of the show, Dr. Stephen Leeb.
Dennis Gartman recently announced that the BIS is attempting to suppress the gold price.
Our guest notes that regardless of manipulation schemes, inevitably market forces will send the price back to it's natural, higher level.
He suggests 5-10% portfolio exposure to bullion and up to 20% in gold equities as a bare minimum, in a diversified format.
The host attempts to persuade the guest regarding the merits of Bitcoin and related Altcoins as a digital currency alternatives.
The crypto-domain resembles the pre-bubble dot.com era - top stars with solid first mover advantage and functionality will thrive such as Bitcoin / Ethereum.

Bill Murphy of GATA.org returns with bullish commentary on Bitcoin and the precious metals sector.
Bill Murphy clarifies news on China's in-ground gold reserves figure that soared to 12,100 tons.
The discussion includes today's break above $5,200 Bitcoin - some top analysts are calling for $7,000, while Clif High makes a plausible case for $13,000 BTC.
The PTB cannot find a way to contain the viral Bitcoin / Blockchain epidemic, as they have the PMs markets via paper money schemes.
Once the cryptospace is dominated by the big institutions, interest will return to gold and silver in a big way.
Just as Ethereum is arguably silver to the Bitcoin gold, silver has great potential to leap suddenly to triple digits, following the lead of Ethereum.
The host speculates that the tipping point could unfold as gold / silver assets migrate to the blockchain domain, such as the upcoming OneGram ICO.

Bill Murphy

GATA.org

Bill Murphy, GATA Chairman
Murphy grew up in Glen Ridge, N.J., and graduated from the School of Hotel Administration at Cornell University in 1968. In his senior year he broke all the Ivy League single-year pass-receving records. He then became a starting wide receiver for the Boston Patriots of the American Football League. He went on to work for various Wall Street brokerage firms and specialized in commodity futures. He began as a Merrill Lynch trainee and went on to Shearson Hayden Stone and Drexel Burnham. From there he became affiliated with introducing brokers and eventually started his own brokerage on 5th Avenue in New York. He now operates an Internet site for financial commentary, www.lemetropolecafe.com.

Website, please click here.

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.


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