Financial Sense Newshour: Experts
Dylan Ratigan: The Troubling Revolving Door Between Federal Reserve Officials and Wall Street
Also, an optimistic view of California’s entrepreneurial culture
Jim is pleased to welcome back Dylan Ratigan of MSNBC’s The Dylan Ratigan Show to discuss a story he helped break regarding the cozy revolving door between Fed officials taking lucrative Wall Street positions, and then returning to the Fed. Dylan also discusses the general lack of transparency at the Federal Reserve. On an optimistic note, he was encouraged by the entrepreneurial culture he discovered on a recent visit to California.
Don Coxe: Gold and Natural Resources are Incredibly Cheap, With Gold in the Ground at a Discount
Government's response to future crises will be serial money printing
Jim welcomes back Donald Coxe, Chairman at Coxe Advisors LLP in Chicago. Don believes there are better ideas for your money today than stuffing it in a mattress. Blue Chip stocks are reasonably valued, and gold and natural resources are incredibly cheap, with gold in the ground selling at a discount. Don believes the governmental response to any and all future crises will be serial money-printing.
Louis-Vincent Gave: Greece Likely to Exit the Euro
If Greece exits, ECB will follow with “Shock and Awe” money-printing to help at-risk European countries
Jim is pleased to welcome back Louis-Vincent Gave, CEO at GaveKal Research in Hong Kong. Louis believes that Greece will ultimately exit the Euro, and the ECB will then ease massively to stem the tide of bank runs in other at-risk European countries. He sees opportunities in US blue chip stocks.
Rick Santelli on the War Between the States−Tax Too Much and People Will Leave
Texas and North Dakota winning the war by creating the environment for jobs and prosperity
Jim is pleased to welcome back CNBC’s Rick Santelli to discuss how many large states such as California and Illinois are increasing both deficit-spending and taxes, driving out job creators to more business and tax-friendly states. Rick notes that if the light bulbs don’t come on soon for many state legislatures, the lights of commerce will continue to go off, or move to a more welcoming state.
David Morgan: Fundamentals Continue to Improve for Bullion
We have seen or are very near the bottom for gold stocks
Jim welcomes back David Morgan to discuss the metals markets. David believes we have seen the bottom in gold stocks, or are very near the bottom. He believes investors must now decide the amount they wish to invest, and then focus on what to buy. David also discusses the battle between the paper and physical markets, and how the paper market is losing the battle.
Brian Pretti: Three Major Macro Events in June−More QE On The Way?
The Fed meeting, the Greek elections and the Supreme Court decision on ObamaCare
Jim welcomes back Brian Pretti this week to discuss three major macro events that could move the markets in June. The Federal Reserve could announce the next round of QE, the Greek elections could change the political landscape in Europe and the Supreme Court decision on health care legislation could impact the elections in November.
Steve Forbes: The Only Way Out Is a Return to Free Markets and Capitalism
Forbes sees a new gold standard in the next five years as current system worsens
Jim is pleased to welcome Steve Forbes, Chairman and Editor-in-Chief of Forbes Media. Steve and Jim discuss a number of important topics, from a new gold standard, to tax reform, to Ben Bernanke and the Federal Reserve. Steve believes the only way out of the mess we are in is a return to free markets and true capitalism. The combination of a low-tax system and a gold-backed currency worked well for much of our history, and Mr. Forbes believes we must return to those basic policies.
Joseph Dancy: Why West Texas Intermediate Crude Is Heading Higher
As spread between WTIC and Brent Crude narrows, gasoline prices will rise
Jim welcomes back Joe Dancy to discuss the energy markets. Joe sees the completion of new pipeline projects in Texas narrowing the spread between WTIC and Brent crude, which could lead to price hikes in gasoline prices. Joe also expects crude oil and food prices to remain highly correlated, and up-trending over the next several years, which should be a very positive environment for companies in both sectors.
Jeremy Gray: Gold Stocks Look Attractive for a Major Bounce
Chinese gold consumption continues unabated−now 30-35% of global demand
Jim welcomes Jeremy Gray, Managing Director and Head of Global Resources at Standard Chartered Bank. Jeremy is looking for a squeeze in the resource shares after the recent 3-month underperformance. He finds that gold shares look especially attractive for a major bounce. Jeremy also sees China playing a major role in future gold consumption, as both its central bank and vast populace continue to buy physical gold for a variety of reasons.
Ned Schmidt: Long Term Gold Bull Still Intact−Short Term Bear and Summer Doldrums Dead Ahead
Silver is very vulnerable in the short term
Ned Schmidt CFA, Publisher of The Value View Gold Report joins Jim this week to discuss the gold market. He sees the long term bull market still intact, but short-term weakness and volatility this summer. Ned believes you should calmly begin to identify what you want to own, and before the end of the summer, pull the trigger. In addition, when Jim Cramer says it’s time to dump gold, that’s the signal to start buying.