Friday, June 16, 2017

Dr. Stephen Leeb, Bill Murphy, Chris Waltzek Ph.D., Robert Ian - June 16, 2017 - A Spina - Waltzek Production - ©2017.

June 16, 2017
Featured Guests
Dr. Stephen Leeb & Bill Murphy

Show Highlights

  • Bill Murphy of returns with insights into this week's FOMC rate hike decision.
  • Fed policymakers raised the overnight lending rate by a quarter point from 1% to 1.25%.
  • The current FFF contracts indicate low odds of another rate hike in 2017 and high odds for another quarter point increase next year.
  • With no further rate increase anticipated in 2017, interest in the Greenback should yield to the precious metals.
  • The guest / host agree that a spectacular rise in the PMs is imminent, in similar fashion as the Bitcoin bonanza from sub-$1,000 to $3,000.
  • Billionaire VC, Tim Draper is calling for $10,000 Bitcoin in 2018. Just as the PTB have lost control of the cryptocurrency tulip mania-like market.
  • This is due in part to the difficulty of naked short-selling the sector, gold and silver will break their shackles and ascend to new records.
  • When silver closes firmly above $21, momentum traders and hedge funds will pile into the trade, igniting an epic short-covering squeeze.
  • Gold and silver could capture FOREX market share by as much as 10-20%, resulting in a windfall increase of $1 trillion in capital gains.
  • Dr. Stephen Leeb presents a compelling case for China as the center of the global economy.
  • The Shanghi Cooperation Organization (SCO) is unifying half the disenfranchised world, over 3 billion people via 8 nations, formerly at odds
  • The net impact solidifies the goal to dominate the economies of the East / developing world, the home of 75% of global oil reserves.
  • Unfortunately, the US was not only rejected from the SCO, but cannot even act as an observer, presenting a potential strategic opportunity for US diplomacy.
  • Even if the a precious metals selloff ensues, the die is cast for a new bull market.
  • The digital monetary revolution is kicking into high gear - current estimates project 10% of the $5 trillion dollar FOREX market become digital.
  • Bitcoin will encompass one third of the $500 billion digital currency space, implying a potential market cap of $1.7 trillion, or $100,000 per Bitcoin.
  • Jim Cramer recently called for $1,000,000 per Bitcoin, as institutions / governments scramble to release their information systems from the Ransomware: WannaCry.
  • A top Silicon Valley venture capitalist and billionaire, Tim Draper is calling for $100,000 per coin.
  • Ethereum and Komodo among numerous competitors will absorb the remaining $330 billion digital currency space.
  • The resulting digital gold rush will usher in one of the hottest profit opportunities of the decade.
  • The discussion includes a pitch for a new initial crypto offering, BitSilver.
  • Dr. Leeb recommends a riveting Sci Fi trilogy from China by award winning Cixin Liu, The Three Body Problem, The Dark Forest, and Death's End.
  • Key takeaway - the catalyst that could send gold skyward: when an eastern benchmark for oil is announced as denominated in China's Yuan / Renminbi, dollar hegemony will collapse, shifting the balance of power Eastward.