Hard Asset Money Show

01/31/22 - We are going to see multiple interest rate hikes this year. Over the past several weeks, it has been a train wreck in the equities and bonds markets, while conversely, the precious metals and rare coins markets have skyrocketed. This is the worst losses in the S&P market since September 2020, and the worst in the NASDAQ since March 2020. According to many analysts, we are definitely going to see market corrections, as various banks have thrown around 3, 5, even 7 interest rate hikes this year.

01/24/22 - Is the stock market overvalued? Have we reached the pinnacle of the equity market? A few years ago, stock legend and fund manager Jeremy Grantham turned from a stock bull to a vocal equities bear, and he is now predicting that the US 'superbubble' will pop, wiping out $35 trillion in stocks and housing. He is quoted as saying “The equity bubble… has now been joined by a bubble in housing and an incipient bubble in commodities. Avoid US equities and emphasize the value stocks of emerging markets and several cheaper developed countries, most notably Japan. Speaking personally, I also like some cash for flexibility, some resources for inflation protection, as well as a little gold and silver.

01/21/22 - Just how big is China, and how big could the financial fall be? Evergrande, one of the largest real estate firms in the world, is going through one of the largest corporate defaults in history. With over 300 billion in debt, this can easily spill over into the rest of the world quickly. It is estimated that there is a total of $5 TRILLION dollars of debt when all joint ventures are included.

01/18/22 - Why is crude oil going up? A recent report published by JP Morgan came out that does not bode well for the crude oil price. The report says that we could effectively be weeks away from running out of crude oil. The price of crude oil has a direct result on inflation and it’s putting pressure on equities. However, it’s creating an opportunity for the rare coins market, as prices have been skyrocketing lately.

01/11/22 - Inflation is here to stay. In fact, it has been aggressively growing over the last 12-18 months. Inflation has been growing much faster than rising wages, which can lead to the next recession. During this same stretch, rare coin prices have been going through the roof.

12/02/21 - Inflation is a by-product of a country's economic success. However, that success comes at a very high cost. The cost of goods and services are going up, but real world wages aren't going up nearly as quickly. Part of the reason is because of artificial stimulation due to the effects of the Covid pandemic.

10/27/21 - One of the largest real estate companies, Evergrande, is in an enormous pile of debt, owing $325 billion dollars. In the third quarter of the ongoing financial year, official Chinese data revealed that GDP growth stood at 4.9 percent, down from 7.9 percent in the previous quarter, while Goldmans cut its entire 2022 GDP forecast from an already low 5.8% to just 5.4%.

10/25/21 - The United States and the world are awash in massive record debt levels. Government debt to GDP per country and external debt to GDP per country has skyrocketed to staggering record levels. Many top economists around the world are now sounding the alarm that these debt levels are unsustainable and if they can ever be fully paid back, which can signal an unprecedented currency collapse.

10/21/21 - The IMF recently slashed its 2021 growth forecast for the United States by one full percentage point to 6%, the biggest reduction suffered by any G7 economy in its latest World Economic Outlook.

10/04/21 - Chinese state owned banks lent money to state owned companies, who built dozens of new cities. After these companies ran out of money, the government then told them to buy their state owned assets, financing these companies a second time.