Financial Sense Newshour
In this segment, Jim looks at two more Big Picture topics. In the first, Jim takes an in-depth look at the impact of a dollar devaluation, and looks at some of the consequences, intended and otherwise.
Jim is pleased to welcome back James Dines, Editor & Publisher of The Dines Letter. Jim and Mr. Dines discuss a wide range of topics, including a coming new social order, the coming age of robots, debt deleveraging, the pension funding crisis and the specter of tax vampires, squandering tax revenues. Mr. Dines also touches on the likelihood of hyperinflation in our future, and how US debt levels are un-payable, and will ultimately be inflated away by the Fed. The legendary James Dines has been publishing The Dines Letter since 1960.
Jim is pleased to welcome economist Jeff Rubin, and author of “Why Your World Is About To Get A Whole Lot Smaller”. Jeff discusses lower economic growth as the “New Normal”, along with high energy prices. He sees rising oil prices in the future making tar sands and shale oil plays economic to produce. Jeff believes OPEC countries will be a less important source of supply in the future as they consume more of their own oil. He sees the North American manufacturing sector as the best investment play, as a rebirth in manufacturing gets underway, reconnecting production to its consumer markets.
Jim welcomes back John Williams from Shadow Government Statistics. John lays out his reasons why he believes hyperinflation is inevitable, and notes the clock is ticking. John believes the trigger point for a hyperinflationary scenario will be massive selling in the US dollar. He sees means-testing coming for Social Security, but doesn’t believe it will a solution to our debt problems. John also sees the gold market as rigged by the government, and notes that is one of the reasons gold has not risen more.
Jim welcomes back Nick Barisheff, CEO at Bullion Management Group Inc. Nick looks at the issue of how much gold should be in one’s overall portfolio, as well as the role of gold as a hedge. Nick also discusses why diversification among metals is important, and why the white metals are currently outperforming gold. He also mentions that increasing the gold allocation is important in times of rising inflation.
This week on the Lifetime Income Series, Jim and Cathlyn Harris discuss the many reasons why setting up a trust is a critical element in estate planning, and offer a number of scenarios of what could go wrong in the absense of a trust.
Jim welcomes Shelley Moen CMT, Senior Market Strategist at Vermilion Technical Research. Shelley believes that the secular bull market is intact and all systems are go. She advises investors to wait for the next pull-back and then add to positions.
In this week’s first Big Picture topic, Jim looks at “The most important chart of the last decade”. He is referring to the relationship between bonds and stocks, and how we are now seeing a technical breakout in the rotation from...
In this segment of the Big Picture, Jim looks at what the recent GDP numbers are telling us, and how the impact of political policy can affect the economy.
In this monthly edition of “On The Record”, John interviews Jim on a variety of important topics for investors, including advice for those stuck in cash, laddered bonds vs. bond funds, diversification...