Next Level

Market Microstructure expert Eric Hunsader of Nanex joins Erik on The Next Level to discuss what really went wrong in the Facebook IPO.

This week The Next Level returns to the topic of Precious Metals markets. Continuing the discussion that began with Bron Suchecki two weeks earlier, Jeff Christian of CPM Group joins Erik as we dive into the details of Precious Metals Market mechanics, with a discussion of COMEX Futures vs. LBMA Forwards, how each are collateralized and cleared, bullion banking reserve ratios and "what happens if all the longs want their gold", plus the Gold Carry Trade and more.

Following the FOMC meeting and extension of Operation Twist, Erik reviews the macro backdrop with Dr. Chris Martenson of PeakProsperity.com.

Few investors are fully aware of the extent to which arbitrage influences precious metals markets, including Commitment of Traders reports and other data commonly used in fundamental analysis. In this interview, Perth Mint's Bron Suchecki gives listeners the low-down on how price is transmitted through arbitrage between both physical locations and various investment instruments.

The Next Level is a new weekly program hosted by Erik Townsend each Monday on Financial Sense aimed at investment professionals and more advanced private investors to discuss hotly debated topics in the financial community. In this first of many, Erik interviews Eric Janszen of iTulip.com on the subject of hyperinflation vs. high sustained inflation.