Financial Sense Newshour
This week Jim and Cathlyn revisit a very important topic, how to plan and pay for a college education. They also discuss future trends in education, and the importance of selecting a field of study that will actually pay for the expense of a college education.
In Jim’s first Big Picture topic Jim speaks exclusively with Luzi Stamm, member of the Swiss National Council, and one of the leaders of The Swiss Gold Initiative. The initiative will mandate no more sales of Swiss gold by the government, have all Swiss gold stored in Switzerland, and back the Swiss currency with 20% gold.
Jim welcomes back technician Gary Dorsch, Editor at SirChartsAlot.com. Gary urges caution around large even numbers on the averages, 2000 on the S&P and 17,000 on the Dow, but believes the markets are ultimately going higher, likely hitting 2200 and 18,000.
Jim is pleased to welcome back James Bianco, President of Bianco Research, LLC. James covers a number of topics including the bond market, the direction of interest rates, QE from the Fed, and future Fed policy. He believes that the economy isn’t as strong as people believe, and that interest rates can go lower from here before rising.
Jim welcomes back Laurence Kotlikoff, Professor of Economics at Boston University. Professor Kotlikoff has provided expert testimony on numerous occasions to the Senate Finance Committee, the House Ways and Means Committee, and the Joint Economic Committee.
Jim welcomes Dan Steffens, President of Energy Prospectus Group in Houston. Dan and Jim discuss the need for income by retirees and others today, and Dan explains how carefully selected energy companies can provide sustainable income streams that can beat inflation.
Jim is pleased to welcome back Ross Hansen, Founder of Northwest Territorial Mint, America’s largest private mint. Ross has recently returned from the Mint Directors Conference, held every two years, and discusses his observations. Among them is the continuing progress to a global cashless society.
This week Jim and Cathlyn discuss a problem more retirees are facing today; outliving one’s assets. This is a potentially huge issue for the Baby Boom generation, which is expected to live longer than any previous generation. One aspect often ignored in retirement budgets is medical expenses, which figure to only go higher in the future.
Erik Townsend and Chris Puplava sit in for Jim this week on the Big Picture. In the first topic, Chris looks at the bond market and discusses possible factors why bond yields are falling, and what this could mean for the global economy ahead.
Jim welcomes back Ralph Acampora of Altaira Wealth Management this week. Ralph is a pioneer in the development of market analytics and has a global reputation as a market historian and a technical analyst. He sees international capital still coming into the US stock market.