Jason Burack of WallSt4MainSt.com joined us for a discussion of what's driving Wall Street higher. It's certainly not economic growth or rational investing. Rather the casino mentality has taken over the herd. Over-leveraging and M&A activity, among other things, is driving stocks ever higher. Flight capital from Europe and Asia is just pouring gasoline on the fire. That's why a healthy position in precious metals is always a good idea, for one day the madness will stop and that's all we'll be left with. 

Direct download: Jason_Burack_28.Jul.14.mp3
Category:general -- posted at: 4:16pm EDT

Manipulation Mondays with Andrew Hoffman
  • Options expiration coming 45 minutes;
  • The newest manipulation hail Mary yield rallies;
  • Fed Meeting on Wednesday—Pumping Priming;
  • First GDP Number coming;
  • Flat or 3 percent;
  • Today’s diffusion indices;
  • Housing numbers were awful;
  • Record low Italian and Spanish yields;
  • French employment numbers worst ever;
  • Japan highest CPI in many years;
  • Ukraine heating up—black swans;
  • The new hail Mary and the CME Wash Trade Law Suit. 
Direct download: Andy_Hoffman_28.Jul.14.mp3
Category:general -- posted at: 12:55pm EDT

2014 is beginning to look a lot like 2007:

NASDAQ tech stocks are back to 1999 levels

The number of IPOs with no earnings back to 1999 levels

Junk bond yields are even lower than in 2007

Corporate debt rising faster than in 2007

Margin debt back to 2007 levels

Stock prices higher than 2007

Direct download: John_Rubino_28.Jul.14.mp3
Category:general -- posted at: 12:47pm EDT

We've been speaking with Nick Santiago of InTheMoneyStocks.com for quite a while now. He's been making money in the market with an eye towards exiting to gold and silver when the time was right. Now he believes that the metals are about to see their day in the sun. When last we spoke, he was calling for them to start going and in fact they have. Now Nick believes the conditions are ripe for large price increases and he's putting his money where his mouth is, especially silver. 

Direct download: Nick_Santiago_28.Jul.14.mp3
Category:general -- posted at: 12:26pm EDT






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