John Hunt talks about the new book he has co-authored with Doug Casey called Speculator. John talks about how it is living in Africa and he points out how they actually view money in a much different way, than we do in the United States. If you have money, it’s best to hide it and not tell anybody about it because they like to borrow it without any intention of paying it back! John also explains how Doug and him started on this project together and what’s to come in this incredible series! This book is a must read and you can purchase it from amazon at this link: https://www.amazon.com/Speculator-High-Ground-Doug-Casey/dp/0985933259/ref=sr_1_1?ie=UTF8&qid=1475817771&sr=8-1&keywords=speculator

Doug Casey talks about the economy and he sees the inevitable is now imminent! What’s coming in the economy won’t be just economic but it will also be social, political and military! Doug talks about how to invest in a gold mine and what to look for. He also gives advice to young people and why they should move to Africa as a way to increase their odds at being successful. This is a wide ranging interview and Doug provides so many insights from his experience as a successful speculator and a world traveler!  You really can’t afford to miss this interview!

The first presidential debate between Hillary Clinton and Donald Trump was not very impressive at all. Ok so Hillary did the best she possibly could during the debate, which isn’t really saying much. Then we have Donald Trump who missed opportunity after opportunity to throw egg in Hillary’s face and he didn’t do it!  Trump was on the defensive the entire time while Hillary stayed on offense. According to the average American voter out there these two clowns are the most competent to be the next President of the United States! I’m not impressed to say the least.

The FED didn’t raise interest rates in September and this comes as no surprise to any listener of this show. Raising interest rates right before a presidential election is extremely improbable and our economy is not as strong as the “experts” believe!  Steve Eiseman also has been in the news recently for his view on the economy. Steve Eiseman is the real life guy from the movie, “The Big Short.” This guy made million shorting subprime mortgages in 2007. He sees things will continue to slug along until the world loses faith in QE (money printing).  Our economy has some rough times ahead. It’s best to prepare now while you still can!

The EpiPen story has been huge these past few weeks and this story actually shows us a lot of what’s wrong with the “system” today!  EpiPen now costs $300 for one syringe and when it first came out in in 1977 it cost $57!  How is it the cost of EpiPen has soared in price? This is the result of government intervention! The FDA has blocked out competition due to cronyism and the government playing to favored companies like Mylan!  Even the patent that Mylan has had on EpiPen is yet another reason, why there’s so little competition against the EpiPen! We need to get the government out of our lives and we will all be better for it!

Janet Yellen and the FED are giving a very confused message to the markets. Janet Yellen sounds like she wants to raise interest rates but she wants to wait for data to confirm it while other dovish FED governors want to raise interest rates in September. Anytime any of these FED governors speak, it’s what completely moves the market and causes a massive sell off on WallStreet and in the precious metals market. The market fears an end to easy money but increasing interest rates is what should have happened years ago!  This is why our economy is not recovering and it’s actually these low interest rates that will lead to a massive bust, in the economy, that will be much worse than 2008!  Hold on to your hats ladies and gentleman because this is going to be a wild ride!

James Grant, in a recent interview, discusses what he sees going on in the U.S. economy. James makes the point that in 5,000 years of world history negative interest rates have never happened before!  This is how absurd negative interest rates are!  This is the end game before the entire global economy unfolds and leads to a massive collapse. Having all of your assets denominated in a fiat currency like the U.S. Dollar is a very risky move. James Grant is a legend and his views on the economy definitely confirms the views that have been discussed on this show since it began.  You don’t want to miss this episode to hear what James Grant says and here’s a link to this very interview. http://www.fuw.ch/article/the-fed-is-now-hostage-to-wall-street/

Janet Yellen’s recent comments at Jackson Hole on August 26th are really much of the same stuff.  There is a few things in Yellen’s speech that are quite revealing. Yellen suggested that QE4 (more money printing) is on the table and even negative interest rates!  Yes, Janet Yellen makes a comment saying rates you should have went negative in response to the housing crisis in 2008!  Negative interest rates seem to be the last resort effort by central banks to keep things under control.  This seems to be the end of the road and it’s not going to end well. Prepare yourself now while you still can!

This question sounds crazy but, should we legalize insider trading?  As crazy as this may sound, legalizing insider trading is the right thing to do. Today, insider trading is considered a criminal act, why is this? It’s a victimless crime!  If you’re the CEO of some company and you leak out information against your contract or your fiduciary duty then that’s a civil case with the company you work for. If we want prices to reflect the most accurate and up to the minute information then we need to legalize insider trading!  Having insider trading illegal doesn’t level the playing field like most believe, it actually does the exact opposite. We have enough government laws as is and law enforcement can’t keep up with those!  Lets legalize insider trading so law enforcement can go after actual criminals with their very limited resources!

The economy is not strong like the “experts” out there have led us to believe. Quarter 2 GDP came in at 1.2% when the Atlanta FED was predicting 2.4% GDP growth!  That’s a big miss!  And under Obama’s presidency we haven’t seen one year over 3% GDP growth and this is unprecedented in modern American history!  We have had interest rates near 0% for Obama’s entire presidency because this was supposed to stimulate the economy and it has done nothing of the sort!  Now countries around the world are engaged in negative interest rates to “stimulate” the economy!  Ladies and gentleman, we are at the end game of this monetary experiment and it doesn’t end well!