Wednesday, August 09, 2017

Gerald Celente & Bill Murphy and Chris Waltzek Ph.D. - August 11, 2017.

August 11, 2017
Featured Guests
Gerald Celente and Bill Murphy

Show Highlights
  • Bill Murphy of returns with key insights on the PMs market.
  • The world's largest gold producing / consuming nation, China just announced a 10% decrease in production and a 10% increase in consumption.
  • Our guest suggests a gold price target of $3,000-$5,000 to compensate for underlying real inflation levels.
  • Bill Murphy sees signs that indicate price suppression schemes are failing - the PMs could begin the next leg of an epic ascent.
  • Key takeaway: the cartel is losing control, it may be merely a matter of time before the physical gold market overcomes the paper gold schemes as early as Fall of 2017.
  • Head of the Trends Research Institute, Gerald Celente returns with positive comments on the gold safe haven as well as the cryptocurrency market.
  • Despite the fact that digital money has a market cap. of over $100 billion the topic remains highly polarized.
  • Investors seem to come to their senses, slowly and one by one. Some analysts are forecasting the crypto market cap. to soar by 50 fold to $5 trillion.
  • The crypto domain could rival the FOREX market, the largest global exchange.
  • For the first time in human history, global citizens have a free, ubiquitous alternative to their local / national currencies.
  • Anyone can have a Bitcoin account via nothing more than a second hand mobile phone, almost any transaction can take place.
  • Policymakers world wide are losing control over the populace; investors in China / Venezuela / Brazil are opting out of the official system.
  • Related cryptocurrencies, such as Komodo coin (KMD), offer an anonymous blockchain alternative.
  • One of the more compelling aspects of tokens over the traditional stock shares, each token is mathematically stored in a decentralized blockchain. Mainstream
  • Analysts are calling for $50,000 Bitcoin, approaching the $100,000 Bitcoin forecast of prescient Silicon Valley VC, Tim Draper.