President Trump signed an executive order Monday suspending several popular working visas until the end of the year. The new restrictions will apply to a host of employment-based visas.

This is just another blow to immigrants - not to mention the legal apparatus, private and otherwise, which depends on these visas to retain and generate business," says Immigration Attorney and Founder of Immigration Law Firm 'SMA Law' in Long Island City . 

The ban on new visas applies to H-1B visas, which are used by major American technology companies, and their immediate families, H-2B visas for non-agricultural seasonal workers, J-1 visas for exchange students and L-1 visas for managers of multinational corporations.

Is it more political than for purposes of sound economic policy? This policy will stop businesses from opening US divisions because their managers can't get Visas. In addition, H1B visa applicants are being paid a prevailing wage, so there's no worker importation to save costs on American workers. Let's see where this goes after the election. 

Direct download: Steve_Maggi_01.Jul.20.mp3
Category:general -- posted at: 8:00am EDT

Jim Rohn says, “Formal education will make you a living, self-education will make you fortune.” How can you learn to "Roger Up?" Not an easy proposition these days. With the pandemic, economic collapse of small businesses, job losses, political division, and racial tension going on, it can be a bit frightening if you are concerned about your safety and financial future. So, how can we rise up from the ashes and be productive and excited about life again? In these uncertain times, we as human beings have the ability to break from the current inertia and steer our ships in a different direction not only for our sanity, but for the sake of our livelihoods and for our families. Now, more than ever, it is imperative to pivot and get creative in order to prevent your ship from sinking. 

ROGER UP is an enthralling action plan for living life to the fullest and rising up stronger and better from adversity. It's a sharp, smart blueprint that gives you an action guide to follow along with the mindset that you must obtain to be able to rise up out of the ashes and succeed. In this book Brent teaches you to:

  • develop a Samurai mindset through a simple and bulletproof morning routine;
  • develop unbreakable confidence through Brazilian Jiu-Jitsu;
  • achieve fitness goals with a healthy eating lifestyle and not just another fad diet;
  • speak a new language in 21 days;
  • develop the same deadly skills as Jason Bourne;
  • set and crush personal goals effectively; and 
  • live life on your terms.

 

 

The ongoing COVID-19 pandemic has turned the whole world upside down. In these difficult times, it may be hard to keep your spirits up - but not impossible; it all depends on what we watch read or listen to. It is important to use this time for personal growth and transformation that will help us to move ahead in life once everything gets back to "normal." 

ROGER UP is an action-packed book that will show you how to push your mind and body capabilities to the maximum, in a realistic way. Brent's passion for life, and "been there done that' attitude shines throughout the book, giving readers a practical insight into the simple fundamentals of life that are often overlooked. This book is uplifting, relatable, therapeutic, and everything you need to succeed amid the crisis. 

 

"Brent delivers a battle-ready blueprint for thriving in the face of adversity and backs that up with a proven plan to get into real action. This book is a must-read, and I promise it will change the game for you... but you must step up as well." -- Peter Voogd, international best-selling author of "6 Months to 6 Figures" and founder of The Game Changers Academy

ABOUT AUTHOR: Brent Magnussen is an American author, professional speaker, and a former U.S Army Engineer. He is an adventure seeker, an avid practitioner of Brazilian Jiu-Jitsu, an accomplished cook, a voracious reader, and a Freemason.

Direct download: Brent_Magnussen_29.Jun.20.mp3
Category:general -- posted at: 8:01am EDT

On Monday 6-29-20 mining stocks are taking a major leap forward. We discussed Auryn Resources (full disclosure sponsor and we own the stock). Seems like junior miners are having their day in the sun. Rick Rule says a correction is coming. So what to do, sell and then wait and buy back after the decline, or take your investment off the table and reinvest? John and I do our best to confuse the issue.

Then we discussed the possible collapse of the Three Gorges Dam and the Stock Market. If the dam gives way we could witness the largest natural/manmade disaster in history with millions dying and 40 percent of China’s economy would die on the vine. The dam produces more electricity than any other power plant in the world. It could leave 30 percent of the country in the dark. 

Finally John discusses the left’s hypocrisy over Covid 19. It’s okay to riot but not to have a political or to demonstrate against the lockdown. Sounds like a double standard to us. 

Direct download: Rubino_30.Jun.20.mp3
Category:general -- posted at: 8:00am EDT

Andy Schectman, proprietor of Miles Franklin, one of the nation's largest bullion dealers joined us. He experienced a massive surge in business during February and March. This resulted in huge premiums of $10 per ounce for silver and nearly $100 per ounce for gold. And Andy assures us that we ain't seen nothing yet. With social unrest reaching new heights and massive stimulus racking the value of the dollar, he's expecting a surge of new demand after the summer holiday. This will lead to record prices and extreme shortages. The time to buy is now. Just send Andy an email to andy@milesfranklin.com and he will match any bullion price you get from anyone out there. And remember Miles Franklin is licensed and regulated by the State of Minnesota, the only such company in the nation. Get ready for tough times and don't forget to stock up on food, guns and ammo. Good luck!

Direct download: Andy_Schectman_28.JUN.20.mp3
Category:general -- posted at: 8:01am EDT

Dr. Ted Noel joined us today. He's written an article about wearing masks and Covid. Masks have become an article of faith rather than science. The real question is, do properly used surgical masks reduce disease spread in the general public?  To say there are almost no data would not be overstating the case.  When households with sick kids were examined, even rigorous mask-wearing provided no statistically significant improvement in adult infections.

Let's put that in plain English.  Even if you did everything to protect yourself with surgical masks, even keeping it on when your kid wants to see your face, it might reduce your chance of getting sick, but we can't prove it.  And that's in a well designed study intended to get a meaningful result.  "[H]ousehold use of face masks is associated with low adherence and is ineffective for controlling seasonal respiratory disease" (emphasis added).

What about homemade cloth masks?  In a study using influenza, masks made from cotton T-shirts "should only be considered as a last resort to prevent droplet transmission from infected individuals."  They were only one third as effective when worn by the sick person as a surgical mask.  If you're sick, they're better than nothing, but that's not much.  The CDC says, "Cloth face coverings may slow the spread of the virus and help people who may have the virus and do not know it from transmitting it to others."  Translation: It mighthelp, but we don't have any data to back that up.

Direct download: Dr._Ted_Noel_28.Jun.20.mp3
Category:general -- posted at: 8:00am EDT

What’s going in the country is emblematic of what’s going on in our financial world. What’s being told to us doesn’t comport with what’s going on in the world. Rob believes there’s a shortage of gold and silver and yet the prices don’t move. But when you try to purchase PPE (personal protective equipment). The price of disposable gowns has gone up from 50 cents to $50. And that’s just one example. Rob believes that other shortages will become obvious shortly and believes there’s not much that can be done about. Buckle your seatbelt and get ready for the ride of your life. 

Direct download: Rob_Kirby_25.Jun.20.mp3
Category:general -- posted at: 8:00am EDT

There's an old saying that when you've dug yourself a hole, stop digging. George explains why we'll probably get more inflation and why the dollar could go down on the DXY index. George also explained the GTA (General Treasury Account) and why there's $1.6 trillion dollars sitting there. Eventually, we're going to a US crypto dollar. Right now we're seeing the supply chain decreasing and the supply chain is supplying less goods and that's a recipe for higher consumer prices. There's lots more great stuff here. 

Direct download: George_Gammon_25.Jun.20.mp3
Category:general -- posted at: 8:01am EDT

President Trump tweeted an attack on hoards of people who took over six blocks of downtown Seattle by force. (Isn’t that cultural appropriation?) He called them anarchists and terrorists. What a racist! If only he’d be a uniter instead of a divider. The Seattle Times was appalled and reported that President Trump had accelerated his threats against Seattle. The article painted insurgents with AR-15’s (aren’t they supposed to hate those things?) as victims and Donald Trump, of course, as the perpetrator. With such twists of the truth and propaganda, the Times is helping these criminals get more donations of food and city services from the same people and institutions those criminals rabidly hate. Doesn’t that make the Times, Seattle’s Leftist Mayor and its embarrassing Governor accessories after the fact?

Direct download: Karen_Kataline_25.Jun.20.mp3
Category:general -- posted at: 8:00am EDT

The situation across the nation is dire. The violent Left has finally made their move. Expecting imminent defeat in the 2020 presidential election, they embarked upon a plandemic and a wave of violence and social unrest not seen in this country before. If they win, it will be because the vast majority of people sat back and did nothing. The deep state is manipulating these events in an effort to maintain power. Trump is their personal kryptonite. On the surface it appears as it they're winning. But are they? 

Category:general -- posted at: 7:30am EDT

The big idea: Americans agree on very little these days. But as local economies flatline and unemployment figures rival those of the Great Depression, red-state conservatives and blue-state progressives can agree on one critical point: Wall Street can no longer be trusted.

According to the Federal Reserve, Americans have $56.5 trillion locked away in Wall Street’s stocks, bonds, pension funds, and more. Yet Main Street—not Wall Street—is what powers 60 to 80 percent of the U.S. economy. These local businesses generate two to four times more jobs than Wall Street’s lauded corporate behemoths. They spend more of their money locally, pay local taxes, hire local people, and create far-reaching social returns for your community.

 

In a well-functioning investment marketplace, 60 to 80 percent of your money should be supporting 60 to 80 percent of the economy. Today, almost none is.

 

The key message: “We’ve been conditioned to funnel our retirement savings into the stocks and bonds of Fortune 500 companies, all but ignoring local businesses that are highly competitive and profitable,” explains economist and local-economy advocate Michael H. Shuman.

His solution? Help Americans shift that $56.5 trillion into local businesses, projects, and people.

In his timely new book, Put Your Money Where Your Life Is: How to Invest Locally Using Self-Directed IRAs and Solo 401(k)s (Berrett-Koehler Publishers; June 2, 2020)Shuman shares:

  • How two well-established, do-it-yourself investment tools—self-directed IRAs and solo 401(k)s—can keep your money close to home while meeting (or beating) Wall Street’s returns
  • 3 myths about local investing that even skilled financial advisors get wrong
  • Surprising, self-investment strategies that generate higher returns than typical retirement plans: from paying off credit cards to investing in a home
  • 8 smart steps that help anyone find promising, local investments, even as the pandemic rages on
  • Simple, low-cost initiatives local governments can take to mobilize local investors for post-COVID reconstruction.
Direct download: Micahel_Shuman_23.Jun.20.mp3
Category:general -- posted at: 8:01am EDT

Clearly the lockdown was far worse than the risk of the rapidly spreading Coronavirus. 10's of thousands of people were denied medical treatment for elective procedures, including heart ailments, cancer and other life threatening conditions. And of course there's the psychological damage that from confinement. And of course there's no scientific evidence that it's better to social distance from 6 feet, rather than 4.5 or 3. And the conflicting signals sent out regarding masks, steroids, hydroxychloroquine and almost everything else. Clearly something is amiss. 

Direct download: Sally_Pipes_22.Jun.20.mp3
Category:general -- posted at: 8:00am EDT

Does unlimited money mean ever rising stock prices and all asset classes? Just look at Tesla, hovering around $1000 per share. It may be working, but it also assures ever rising gold and silver prices and we're just getting started. Many of our company's sponsors have seen major gains in their stocks and there may very well be on the way. The economy is a mess and may never recover. A Covid second wave could be on the way. The election is devolving into utter chaos and madness. So where else do people turn to protect their wealth and families? 

We also discuss the toppling of statues and the cancel culture. Those who erase history won't even realize that they haven't learned from it. They even tearing down statues of Ulysses S. Grant and Teddy Roosevelt. 

Direct download: John_Rubino_22.Jun.20.mp3
Category:general -- posted at: 8:01am EDT

The Target Coup d’État Completion Date

End-July 2020

The Methods:
Precision Planning to Execute a Military Coup Implemented

in Sequence per the Following Steps:

Key Events:

  •   COVID-19

  •   Leftist Violent Demonstrations

  •   Military Insubordination over Insurrection Act

  •   Systematic Weakening of U.S. Economy

  •   COVID-20

  •   Death of U.S. Economy

  •   China Goes to War Against USA

    The Goal:
     Removal of President Trump By Either

    Resignation Or
    Implementation Section IV of 25th Amendment

Direct download: Jerome_Corsi_23.Jun.20.mp3
Category:general -- posted at: 8:00am EDT

Val Hughes and his partner in crime and podcasting Mo Mentum have returned to podcasting. Val says that for the past several years there really was no need for the The Value Guys! Stock Talk Show. Everyone was making money in passive investing. But he believes that those days are over now. So he's come back with a vengeance. Make sure you pay close attention to the disclosures, especially the part about "that they've been drinking!" Click here to go to there podcast page on Apple. 

Direct download: Val_Hughes_20.Jun.20.mp3
Category:general -- posted at: 8:01am EDT

Our good friend Dr. Steve Turley returns. He believes that the progressive left and the mainstream media are near death. After the riots and the Covid lockdown, they've again been shown for the frauds they are. It's okay to protest and riot, but it's not okay for business owners to demonstrate about unfair closures. According to the leftist marxist media, you can't get Covid protesting. Makes total sense to us. So get ready for a new conservative nationalist wave as it sweeps the globe. 

Direct download: Dr_Steve_Turley_20.Jun.20.mp3
Category:general -- posted at: 8:00am EDT

WHO official walks back statement that asymptomatic transmission is 'very rare'

POINTLESS CHARADE?

The Social Distancing Double Standard is Real and Absurd

Always beware of people from the government who want to help you. Dr. Steven F. Hotze, M.D. is a best-selling author of Hormones, Health and Happiness.

He discusses the pandemic and the overblown world reaction to it. As an example, he points out the a World Health Organization [WHO] official on Tuesday attempted to clarify a previous statement about coronavirus transmission by asymptomatic individuals being “very rare.”

Dr. Maria Van Kerkhove, WHO infectious disease epidemiologist, said there had been "misunderstandings" about her comments made on Monday. Yes, evidently she told the truth and undermined the entire reason for the lockdown. In a Facebook Live video, Van Kerkhove said asymptomatic people can in fact spread the virus, though the degree to which they can is unknown.

"We do know that some people who are asymptomatic or some people who don't have symptoms can transmit the virus on," she said. "What we need to better understand is how many people in the population don't have symptoms and, separately, how many of those individuals go on to transmit to others." She said she was referring to two or three studies when she made her statement on Monday. So was she lying when she said it or when she took it back. 

LONE STAR LIBERTY DOCTOR

READY TO RESPOND!

Direct download: Dr._Steven_F._Hotze_19.Jun.20.mp3
Category:general -- posted at: 8:01am EDT

The virus is being used to shutdown the world economy for the climate change group. They’re cooperating with socialists as well. They’ve all gotten together to change the world economy. When it’s done the socialists will turn against the billionaires, Gates, Soros, Steyer, etc. Europe is done and falling apart. The two proposals will be eliminating all paper money, they’ll be forced to spend it and bring it back to the banks. Bond markets in Japan and Europe have been destroyed. They do invountary conversions of perpetual bonds, you’ll get an interest payment but you’ll never be able to redeem. Never get involved with government paper. They set the rules and there’s no way to fight it. 

The Socialists are being led by Thomas Picketty in France. A convergence of climate change people and socialists who are deliberately destroying the global economy. The end of western civilization. The financial world capital will move from the US to China. There’s no reversing the trend. That’s why they’re so intent on getting rid of Trump. 

The Dems are trying to convert to a fully digital dollar to force everyone into depositing all funds into banks. 

By all accounts they’re trying to stifle gold and silver and cryptos. Metals won’t be usable. Equities could be the safest place to put funds. Real estate might pick up after. Socialism is collapsing. 

A paradigm shift towards the stock market is occurring. Have to look at the indexes differently. Nasdaq is becoming the blue chips. Old brick and mortar are failing so the Dow is on the downside. That’s why the Nasdaq is leading. We’re moving away from the old world order. Last Christmas online sales beat mall sales. 

This is not a racial issue and it’s not a new issue. Police immunity is wrong. 40 million people are unemployed and are losing it. It’s called a race riot but it’s really a rebellion against the shutdown. Everytime you have an economic decline and unemployment rises, you’ll always get civil unrest. 

Over 300 million people have lost their jobs around the world. Statue removal is about anger towards the decline. They’re going to try for another lockdown to influence the election. Martin believes they’re seriously underestimating the American people. They better not try this again!

Dow could still make a new low after a retest. Then we’ll see a slingshot higher in 2022. We’re seeing charts never seen before. We saw the Dow take out the 2019 high and 2019 low this year. A collapse in confidence in the government. Smart money is going to equities to be liquid and movable. Gold will be for individuals. Europe may confiscate gold this time around. We’re going to see stock markets go higher and higher in the decades ahead. 

Mass exodus out of cities is happening now. So many people are moving out of draconian Blue States. New York City, Philadelphia, Chicago, etc., are all dying. Tax burdens are going up and this will feed the outflow. New York City will be the new Rome. RV sales are way up for this reason. The urban cycle has peaked and declined. 

Inflation shouldn’t be upsurging soon. The world is having a major dollar shortage, over 100 countries have applied for relief from the IMF. The Fed can’t hold up the entire world. The demand is so great for dollars that we’re not seeing inflation here. 

To Gen Z, look toward tech. They’re not going to have the freedoms that we’ve come to take for granted. Look how easily it happened with the lockdown. And they’re just getting started. 

Direct download: Martin_Armstrong_17.Jun.20.mp3
Category:general -- posted at: 8:00am EDT

Danielle comments on the Stock Market. Fed is buying corporate bonds. Nothing new, every time there’s a decline they promise new action and it magically goes up. So much corruption. Robinhood is selling trading data to algo traders who then front run them. Hedge funds are the most invested since the crash. At the same time money market fund assets are at an all time high. People have a lot less income to spend. In Canada there’s 20 percent less household income. People are spending less and saving more. It's just a matter of time before the reality catches up to the stock market. 

Direct download: Danielle_Park_17.Jun.20.mp3
Category:general -- posted at: 8:01am EDT

1. These markets are like the old weeble wobbles toys, they wobble but they don't fall down. That is what seems to be what is going on right now. This is still an options expiration week and traders should still remain on guard. Last week's high volume decline has not been exceeded yet. So far markets are holding up well.

The reality is we’re above all the moving averages and that indicates that markets are heading higher.

2.  May Retail Sales +17.7% vs +9.0%,  May Retail Sales Ex-Auto +12.4% vs +5.2%. Means more bullish sentiment. You can question the numbers, but they are definitely a mood enhancer.

These are better than expected numbers, but the market was already sharply higher in the overnight futures market. Some say it is due to an infrastructure bill by President Trump. I really do not believe that was the reason. The reason is likely that the central bank is now buying corporate bonds which was announced yesterday afternoon. 

3. Gold and silver recouped most of their losses yesterday, which is very bullish. Longer consolidation period ahead. Watch the pattern.

4. Trading off your high is bullish depending upon where you’re coming from. Volume is always important.

Direct download: Nick_Santiago_17.Jun.20.mp3
Category:general -- posted at: 8:00am EDT

Market cCycles are topping in a week. Time to get out of the market and buy the VIX. Charles just had a huge VIX trade last week buying calls. Nasdaq hits a new high based on the Fang stocks. 

Charles also had an amazing call on Crude Oil. He was calling for a decline to $4.90 per barrel. Starting selling it at $68 per barrel and closed position out at $4.90. 

Always remember when it happens is much more important than what will happen. The virus happened and then the cycle came to pass. A second cycle of Covid 19 is in the cards. The virus will mutate and second wave comes in the fall. 

Gold is consolidating now, Charles got out in the 1760’s. 6 weeks or so to two months we could see a move.  Charles is negative on bonds, liquidity crisis. Dollar has a bounce and goes down again. Euro is going to have 2020. Bitcoin has no fundamentals and trades purely on emotion.Before news markets still behaved according to cycles. There was no fundamental analysis. RobinHood will end in tears. 

History is God’s story and mystery is my story.Social unrest cycle will be far worse than in the 1960’s. Political correctness is death sanity and rationality. 

Charles talks about Tesla, cycle is up until middle November. Upside target is $1128. Sell signal will be given if it closes $933. 

 

War cycle is slowly coming up with China. It will end in a big conflict, but social conflict is far more threatening. 

Direct download: Charles_Nenner_17.Jun.20.mp3
Category:general -- posted at: 12:02pm EDT

In this day and age, we can be made or broken based on what we do online. Examples of poorly crafted strategies from inappropriate attire to political goofs, keep popping up. And this shows the need to carefully craft your video and social media identity in the era of Covid. Many people don't have a clue on how to optimized their video image.

Just a few days ago, Senate Minority Leader Chuck Schumer was videoconferencing on air with MSNBC from his home. In the middle of the interview, the bathroom door behind him opened and what appeared to be his African American house cleaner came out with cleaning supplies. She looked awkwardly toward the video and he at her. Then she wandered quickly out of the frame. She was not wearing a mask, and neither was he. Ironically, this was just moments after Senator Schumer had been speaking about the disproportionate impact of COVID-19 on black Americans. To be fair, Senator Schumer is not the first person – and he certainly won’t be the last – to make a bad videoconferencing faux pas. 

Direct download: Karen_iber_Leland_16.Jun.20.mp3
Category:general -- posted at: 8:00am EDT

Peter Hug, as director of global trading is paid to care about the price of gold, not that he doesn't anyway. 

At the beginning of this year Peter was bullish on gold when it was in the mid $1500’s. After all, the economy was vibrant, stocks were trading at near all time highs and the outlook while  positive, was not overwhelmingly so. Then came Covid. Peter warned investors that gold/silver would drop initially and then head higher. Stimulus lead to stock price recovery and stock market reflation. Peter then targeted $1750, which gold hit and then pulled back. The equity markets may come under renewed downward pressure, which again may be a negative for gold. Peter is now calling for $1911 by year end. Remember, his call for last year was $1550, and he was very close.

As for the next generation of investors, millennials are more interested in digital gold products than physical gold. As the boomers drop, millennials will be dumping their inherited metals hoards. Or perhaps they may wise up. 

Direct download: Peter_Hug_16.Jun.20.mp3
Category:general -- posted at: 8:01am EDT

he great reset is coming. A monetary reset is backed in the cake. The World Economic Forum in Davos has an intiative called the Great Reset. They’re using the pandemic to restructure the global economy. The details aren’t completely clear, will there be a word government?

Stimulus money has been going into RobinHood accounts. Millennials are buying stocks based on name recognition and a cheap price. Day traders are snapping up Hertz Rent-a-Car stock to the point that Hertz is looking at doing an offering, while in bankruptcy. The disclosure document is hoot, informing purchasers that they'll likely be wiped out in the eventual reorganization, because equity holders are seldom left with anything once a Chapter 11 is complete. But in fact, Hertz is a great brand, known for superior service and a positive consumer experience. And if you're a Millennial what else matters? 

Direct download: John_Rubino_15.Jun.20.mp3
Category:general -- posted at: 8:00am EDT

Kathy Barnette, author of Nothing to Lose, Everything to Gain: Being Black and Conservative in America. Kathy is also currently running for U.S. Congress in the 4th District of Pennsylvania.

Tens of thousands of protesters took to the streets across America again Sunday, with peaceful demonstrations against police killings of black people overshadowed by unrest that quickly ravaged parts of cities from Pennsylvania to California.

City and state officials had deployed thousands of National Guard soldiers, enacted strict curfews and shut down mass transit systems, but that did little to stop many cities from again erupting into unrest.

Protesters in Philadelphia hurled rocks and Molotov cocktails at police, officials said, while masked crowds broke into upscale stores in a San Francisco suburb, fleeing with bags of merchandise. In Minneapolis, a truck driver drove into a massive crowd of demonstrators nearly a week after the death of George Floyd, a black man who pleaded for air as an officer pressed a knee into his neck.


Conservative political commentator Kathy Barnette shares how liberal leadership has failed the black community and how being a democrat is not synonymous with your skin color. 

 
During his first historic run for the presidency in 2016, Donald Trump made an impassioned plea to the black community. "Give me a chance," he said. "What the hell do you have to lose?" 
 
According to Kathy Barnette, black Americans have nothing to lose, except for crime ridden communities, neighborhoods that have become shooting galleries, more social welfare programs, and the mocking indifference of the Democrat party. Barnette argues that even a cursory look into the black community reveals the destabilizing effect liberal policies have had on the black family. 
 
There was a time when Barnette bought into the same lie as everyone else-that if you're black, you must be a democrat. In fact, she was born into the Democrat party just as much as she was born into brown skin. There was no point of separation. Until she began to understand what it truly means to be black in America. Barnette contends that being black is more than just the color of her skin. It's a culture and a consciousness, too. 
 
In NOTHING TO LOSE, EVERYTHING TO GAIN, Barnette writes about why liberal policies have failed the black community time and time again - and will fail the larger American community as Democrats rush to the hard Left of the party. From the "Great Society" to Kanye West's ongoing war with the liberal establishment, this book provides sharp, eloquent commentary on the most pressing issues facing black Americans today: broken family structure, loss of identity, the legacy of slavery, and more.
 
Barnette argues that President Trump has not been willing to presume that the "black vote" is a foregone conclusion resting comfortably in the back pockets of Democrats. With his plainspoken style and willingness to face harsh truths, the president has done more for the black community than any president since Abraham Lincoln. Barnette insists the time is now to get back what has been lost, to fix the brokenness, and to recognize and support those who are actually working in our favor. 
 

Direct download: Kathy_Barnette_12.Jun.20.mp3
Category:general -- posted at: 8:00am EDT

The Comex seems like a very mysterious entity where precious metals prices somehow are set and supplies get shifted around the globe. But according to CPM Group's Jeffrey Christian, it's a lot simpler than it looks. Anyone who's in the precious metals food chain, miners, fabricators, jewelry manufacturers, bullion dealers, etc., must hedge their inventory and production to avoid sudden unexpected moves in metal prices. Volatile moves could otherwise easily bankrupt the industry in a very short period of time. 

Banks often require their pm borrowers to fully hedge their position, thereby lowering default risk. For fabricators and jewelry manufacturers, this has led to an extensive leasing market. They lease gold and silver until it's been made into finished product, at which time it's sold to customers. The manufacturer then purchases the leased metal. And the process is repeated over and over. Since all participants in the market are hedging, this helps explain why there's such a huge multiple of contracts to actual physical metal. We hope this helps clear things up. For a better explanation, listen to Jeffrey Christian's own words. 

Oh and about those huge silver and gold inventories that JP Morgan Chase is holding, Jeff says they're being held for customers, not on the bank's own account. Next time, we'll find out why their inventories have gotten so enormous. 

Direct download: Jeffrey_Christian_11.Jun.20.mp3
Category:general -- posted at: 8:01am EDT



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