Tom welcomes back the ever eloquent Tim Price from Price Value Partners for a jaw-dropping interview. Tim critically examines global institutions such as the Davos Club and a certain UN Health Organization. He expresses unease about global policies that may potentially marginalize farming and fishing in order to mitigate ecological damage. He disapproves of unelected individuals influencing significant global health and economic strategies and encourages skepticism towards the mainstream media for perpetuating unchecked influence over these areas. Price also identifies a growing trend toward skepticism of global forums, notably through an editorial in the Financial Times questioning the relevance of Davos. He ends by cautioning against "philanthropaths" who amass wealth under the guise of charity and urges for increased understanding of their motivations. Tim highlights the value of debate and continuous dialogue in resolving polarized arguments. Individuals should aim to arouse introspection in their interlocutors rather than impose personal beliefs. Understanding can create gradual changes in viewpoints over time. Price draws parallels between the current credit and debt system and historical failures of such systems. He views Davos as the emblem of big state command economy systems — a form of crony capitalism, not genuine free market capitalism. He suggests teaching classic economics as a buffer against economic downfalls. Price points to economic uncertainties and volatility in various countries, taking Japan as an instance of a resilient economy that weathered two depressions on a par with America's Great Depression, maintained lower unemployment levels and a sustained GDP. He raises the question of whether Western economies could cope with similar situations. He also underlines ongoing unrest in currencies, the bond market, and the intensifying inflation. Tim criticizes the problematic Keynesian economic model and government interventions in economic systems, proving them incapable of controlling intricate economic operations. Tim discusses his book "The War on Cash" and advises strengthening ties with local businesses and limiting dependency on credit cards and any form of central bank digital currencies, promoting the use of cash transactions. As an example of an uprising against the current system, he notices the increasing number of protesting farmers, reaffirming the relevancy of his book's fundamental message today. Time Stamp References: 0:00 - Introduction 0:37 - Argentina & Ecocide 4:36 - Vandals & Philanthropaths 7:12 - Western Suicidal Ideation 11:49 - Conversations & Questions 13:50 - Gov't Out of Education 18:12 - Truth & Perspective 22:29 - Davos & Javier Milei 27:10 - Broken Window Fallacy 30:09 - Debt Creation Math 34:07 - Inflation is a Policy 35:30 - Order of Collapse? 39:48 - Inflation Comparisons 42:27 - Keynesian Economics 46:28 - Tim's Book - War On Cash 50:22 - U.K. Postal Scandal 53:08 - Clarkson's Small Farm 55:21 - Worse Worsening 57:05 - Wrap Up Talking Points From This Episode - Tim Price criticizes global institutions and policies that affect farming and fishing, urging a deeper analysis of their impacts. - Tim believes the idea that government should be involved in any way with education. - Price calls for skepticism of the debt-based monetary system and questions its sustainability against the rising global debt burden. Guest Links: Twitter: https://twitter.com/TimPrice1969 Website: https://www.pricevaluepartners.com/ War On Cash: https://www.pricevaluepartners.com/war-on-cash/ Articles: https://www.pricevaluepartners.com/commentary Tim's Podcast: https://www.podbean.com/podcast-detail/r42pj-5ec16/State-of-the-Markets-Podcast Tim's Podcast: https://open.spotify.com/show/1T69Xe0EJ4n0gOO4RD9qv0 Podcast Episode Mentioned: https://open.spotify.com/episode/2y3fkSYmMNxpa7eNE13PIr Tim's Book: War on Cash (Amazon): http://tinyurl.com/kkmh6cx6 War on Cash (Free PDF): https://www.pricevaluepartners.com/war-on-cash/ Book Recommendations: 180 Degrees (Amazon): http://tinyurl.com/3vjvpnud Mises Link - 40 Centuries of Wage and Price Control: http://tinyurl.com/4e5cewc7 The Origin of Wealth - Eric Beinhocker: http://tinyurl.com/5n7652a4 Tim Price has worked in the capital markets for over 30 years. A graduate of Christ Church, Oxford, he spent a decade as a bond specialist before going on to serve as Chief Investment Officer at three separate wealth management firms. Tim has been shortlisted for five successive years in the UK Private Asset Managers Awards program and was a winner in 2005 in the category of Defensive Investing. He is now co-manager of the VT Price Value Portfolio, a fund investing in Benjamin Graham-style value stocks, and specialist value funds, from around the world. He also co-manages bespoke private client portfolios. ... https://www.youtube.com/watch?v=Fnw6Zn8oq9o

"They chop off two white guy's heads and it's a big deal - But bomb little kids to pieces, that's all right" This week we speak with the publisher of the Trends Journal, Gerald Celente. Gerald Celente is known for his down to earth way of approaching global events, and he does so ruthlessly, speaking his mind about what he sees going on in the world, with the facts to back up his statements. Knowing that Gerald Celente is a precious metals investor, and a proponent for physical ownership of gold, we brought Gerald on to speak about the geopolitical events and trends which will move gold higher in the coming years. Speaking on what trends will move gold higher in the coming decade, Gerald talks about Ukraine. He believes that if the unrest spreads to other parts of Europe, there will be more destabilization. Gerald mentions the unstable situations in Israel, Syria, Egypt, Yemen, Iraq, Afghanistan, and places like Argentina, Venezuela and Brazil, which are facing recessions. When we put the geopolitcs together, and see what's behind it, it's a good climate for gold. Gerald buys gold for his own possession. The reason why there's been a recovery in the general markets since 2008 is because all the trillions of currency units that have been dumped into the system (whether dollars, yuans or euros). That currency has kept the financial markets afloat, while others have been going under. Gerald further says that everyone is doing their best to pump the financial markets up. China has an estimated 70 million luxury apartments that are vacant and they have gone from 1 trillion dollars of debt in 2001, to 25 trillion of debt today. The debt to GDP ratio of Japan is around 225-250%. There is no way out of this, other than “pumping in more cheap doe”. Gerald states that the markets should have unfolded a long time ago, but we had no idea that we would live through a period of continually low interest rates. This is unprecedented in history. They are building a bubble, the biggest bubble we've seen in world history. Next, Gerald touches on the ISIS situation where two western journalists were beheaded by the extremist group. Looking at the fact that UN and American troops killed millions of civilians in Iraq and Afghanistan, Gerald points out that ISIS gets unfair amounts of media attention for killing two journalists. Furthermore, he believes that the US government is looking for any excuse for war. Gerald poses the question, “We can't even fix Detroit, how are we going to fix something halfway around the world?” Finally, closing on the topic of Ukraine. Gerald says that the US and Europe were the one's that instigated the entire overthrow of the Yanukovich government - a democratically elected government (see speech from Victoria Nuland 12/13/1 ... https://www.youtube.com/watch?v=pTpK6Te6tYI

To subscribe to our newsletter and get notified of new shows, please visit http://palisaderadio.com Sprott has seen broadly increasing client and institutional interest which has been lead by strong private placements. This interest is being driven by 2017 commodity performance, and now the equities show good value. Rick feels that some of the companies like Agnico-Eagle are likely to do quite well over the next couple of years. Increasingly they are being run as real businesses instead of leveraged call options on gold. Sprott is currently focusing on exploration and discovery plays. They are assessing prospect generators companies. They are also looking for companies with decent drilling results that the market has overlooked. Secondly companies with very competent teams of people who are serially successful. Lastly, they want companies that are already well enough funded to answer their unanswered questions. Rick feels that the exploration sector will wait until 2019 before it moves dramatically. They are getting better terms on private placements and can attract warrants that are tradeable and detachable. With trade-able warrants, they are often traded for more than their intrinsic value. The outlook for phosphates and Ag-minerals are extremely bleak, and there is significant oversupply. As a consequence of this bleak supply and demand outlook, there may be opportunities in buying essential commodities when they are below the cost of production. He discusses the potential demand picture for uranium, copper, nickel and why the world has plenty of lithium. Cobalt is the first commodity that Rick has seen where the industry is happy to pay more for the product so long as supply can be increased. However, cobalt, as an investment theme has issues with geography as most of it, comes from the Congo, Russia, and Cuba. These are not countries that investors particularly favor. ... https://www.youtube.com/watch?v=EocS0XO6CLw

To subscribe to our newsletter and get notified of new shows, please visit http://palisaderadio.com Peter feels that a slowdown is coming but that there won't be an official recession in 2020, perhaps 2021. The overall equity markets will likely be flat next year because of the Fed's actions in keeping up the markets. There was a lot of physical off-take of gold and silver by North American investors between 2008 and 2011. The price of gold will need to head higher than $1550 to attract retail investors back to the physical sector. He advises investors to consider producers and royalties over risky juniors. Time Stamp References: 0:40 - Recession potential and the Fed. 1:40 - Retail demand for gold and silver. 3:40 - Thoughts on the gold market. 5:40 - Managing your gold portfolio. 7:40 - His early career highlights. 10:30 - His preferred way to play this market. 12:30 - Watching the overall macro picture. #PalisadeRadio #Gold #GoldBullMarket #MiningStocks #Commodities #PeterHug #PreciousMetals ... https://www.youtube.com/watch?v=Da1o_us7T2c