We’re Now Operating Under “Creditism” not Capitalism
Cris Sheridan, Senior Editor of Financial Sense, welcomes Richard Duncan, Chief Economist at Blackhorse Asset Management in Singapore. Richard explains how the markets and economy are now purely driven by credit growth and liquidity, which is bad news for both when the Federal Reserve’s third quantitative easing program is expected to...
Special Guest: Jonathan Clements of the Wall Street Journal
This week Jim and Cathlyn discuss the specific “nuts & bolts” of what goes into a retirement plan. Whether it is voluntary or not, you will likely spend a quarter of your life, or more, in retirement. The huge advantage of having made a plan ahead of retirement is that you know where you are going, and you know what you need to do to get there.
Also, “What the LEI’s Tell Us About the Rest of the Year” and “Respecting the Message of the Markets”
Jim’s first Big Picture topic covers the state of the U.S. real estate market. He finds that real estate reports have been mixed, and as usual it boils down to location, location, location. Jim also notes that the real estate market is interest rate driven, and it cooled off considerably as mortgage rates rose in the second half of 2013.
Also, Ryan Puplava, Erik Townsend and Rob Bernard
Jim welcomes back Louise Yamada CMT, Managing Director of Louise Yamada Technical Research Advisors. Louise notes that the market has continued to shrug off bad news, which is a characteristic of structural bull markets. She also notes that the market will likely continue to climb its wall of worry as...
Steve Forbes on his new book - Money: How the Destruction of the Dollar Threatens the Global Economy – and What We Can Do About It
How Debasing Money Debases Society
Jim is pleased to welcome back Steve Forbes, Chairman, CEO & Editor-in-Chief of Forbes Media to discuss his new book about money. Few topics are as misunderstood today as the subject of money. In his book, Mr. Forbes explains how a weak dollar is at the heart of many problems today, including...
Interest Rates Not Going Up Anytime Soon
Jim welcomes back Axel Merk, President and Chief Investment Officer of Merk Investments LLC. Axel and Jim discuss the stock market, where Axel sees a “buy the dips” mentality. He believes the market is reaching bubble territory, as central banks have compressed risk premiums through QE stimulus injections.
Market Bubble More Probable Than Market Crash
We Could See a Break Below $1,000 in Gold
Special Guest: Ladan Manteghi – Executive Director of the Global Social Enterprise Initiative at Georgetown University
The topic this week is about retirement and how to get there successfully. Jim and Cathlyn discuss the importance of having personal savings in addition to pension savings such as 401(K)’s, 403(B)’s and IRA’s. You want to have some flexibility in income sources to help mitigate future taxes, or avoid...
Also, “Margin of Safety – How the Economy Reacts to Black Swans” and “Fast & Furious – Melt Up / Melt Down”
Jim’s first Big Picture topic this week is “Be Prepared – Rate hikes are coming”. Jim looks at Fed Chair Janet Yellen’s recent statements that hint that rates hikes could come sooner than expected. Jim asks why would the Fed consider rate hikes when the economy is not very robust.
Also, Ryan Puplava, Erik Townsend and Chris Puplava
Jim welcomes back Richard Dickson, Chief Market Analyst at Lowry Research. Richard discusses the chances of a 10%+ correction in the market, as well as current levels of buying demand and selling pressure. He still sees no signs of a major top in the market.
No Relief in Beef
Corporate Earnings Can Continue to Grow
The Dollar Is on One Side of 87% of All Trades in the Foreign Exchange Market
The Banking System in Europe Is Broken
Jim welcomes back Satyajit Das, author, journalist and commentator at EconoMonitor.com. Das discusses the European banking crisis, and asserts that the crisis hasn’t gone away and that the European Central Bank is currently engaged in a further tactical bluff in the long European poker game.
Special Guest: Dick Gregerson, President of Janas Consulting on Selling Your Business
This week Jim and Cathlyn discuss asset protection, prior to and during retirement. With people living longer in retirement, medical expenses steadily rising, and interest rates at historic lows, protecting one’s nest egg has never been more important. They discuss one the simplest methods of asset protection, which is frequently...
Jim Puplava’s Big Picture: Creative Destruction – How Technology Is Changing the Economy and Our Lives
Also, “Mid-Year Update – Forecast 2014 – A look at the Second Half”
Jim’s first Big Picture topic this week is “Creative Destruction - How technology is changing the economy and our lives”. Jim explains the economic theory of creative destruction, and how the process revolutionizes the economic structure from within, destroying old companies and ideas, and creating new ones.
Also, Ryan Puplava, Erik Townsend and Tom Smith
Jim welcomes back John Kosar CMT, Director of Research at Asbury Research LLC. John sees the odds favoring a correction in the third quarter and advises to have a plan in place to take advantage of any corrections. John also notes that the market will be more vulnerable to mishaps after the Fed taper ends later this year.
In Gold We Trust – 2014 Report
Global Economic Backdrop Is Favorable for Equity Assets, Less So for Fixed Income
Jim welcomes Tracie McMillion CFA, Asset Allocation Strategist at Wells Fargo Bank. Tracie and Jim discuss her recent Mid-Year Outlook for Wells Fargo. She expects three to four percent global economic growth in 2014, with significant variation among countries. Tracie notes that the global economic background is currently...