Dr. Paul Craig Roberts, Peter Grandich, Chris Waltzek Ph.D. & Robert Ian - August 2nd, 2019 - Goldseek.com Radio. A Spina-Waltzek Production-©2005-2019 http://radio.goldseek.com/ Royalty free music from Google Play. Disclaimer: this show is presented

Summary: Aug. 2nd, 2019(S14-E707)Featured GuestsDr. Paul Craig Roberts & Peter Grandich Guest order by seniorityPlease Listen HereInterview RecapPeter Grandich of Peter Grandich and Company and Pete Speaksreturns from retirement with his personal investments strategy.Grandich directed virtually his entire family nest egg to the PMs sector.The duo concurs, silver represents an incredible bargain at near 90:1 gold to silver ratio, AG will likely "play catch up" with the XAU and AU.The public and institutions will begin to recognize the investment opportunity presented by silver as a once-in-a-lifetime asset.Regarding gold mining shares, our guest notes large purchases from central banks speaks volumes for gold shares, the chief source of new bullion.Peter Grandich shares the thoughts of so many show guests, the trend away from dollar hegemony will insure gold remains a safe haven asset.Although the US shares indexes recently registered a new 120 year record high breaking-out of a consolidation, Peter Grandich is not impressed.Peter Grandich expects the stock market to reach a zenith and begin a bear market. Meanwhile, Be sure and download Peter Grandich's 242 page book for FREE, a $40 value here.Dr. Paul Craig Roberts of the Institute for Political Economy, author of several best-selling tomes, rejoins the show with his latest economic insights.Our guest notes the Fed's decision to slash rates this week and the implications for PMs aficionados.The domestic total debt outstanding concerns our guest, especially the Fed's balance sheet, still $3 trillion higher than before the Great Recession.Today, the$800 billion seemed enormous, now it's more than 4 times higher, a perpetual debt that can never be repaid according to our guest.Chris Waltzek posits if the Fed's debt is unpaid, this could be viewed in the future as the inception of runaway inflation via monetary stimulus.Economic policymakers will keep the house-of-cards intact as the entire global currency system is interconnected.The inevitable fiat death spiral leaves merely a few safe havens, such as the PMs, fairly valued real estate and cryptocurrencies.Dr. Roberts notes that lower US research and development via capital expenditures is at least partly due to the on cap executive salaries.Due in part to stock option bonuses and the unbalanced desire to boost share prices, index prices may be reaching unsafe levels. Chris Waltzek suggests that executive salaries should be uncapped using scaled and quantifiable performance metrics for salary determination.Metrics such as employee retention, nonprofit donations, community programs and an overall societal benefit rating are advisable.Overly aggressive corporate buybacks artificially inflate stock prices via hidden leverage, increasing overall risk to unwary investors, essentially morphing a simple stock purchase or mutual portfolio asset into a bullish ETF or options call.