Is the U.S. T-Bond a Judas Goat?
Peter Grandich, Michael Oliver and Jim Payne return as guests on the radio program.
Farmers have learned that a goat can be trained to associate with sheep, leading them to a specific destination. In stockyards, a trained goat will lead sheep to the slaughter, while its own life is spared. Michael has opined that the U.S. T-Bond is playing a Judas Goat role by leading investors to erroneously believe the U.S. economy is strong, thus sucking them into stocks and other risky investments that are doomed to collapse. We asked Peter who has turned rabidly bullish on gold for his thoughts on Michael’s thesis and how we should prepare materially and spiritually for the likely hard times ahead.
Shifting gears from precious metals, Jim updates us on dynaCERT’s progress in selling and marketing the HydroGen technology that significantly reduces fuel consumption and hydrocarbon emissions, as well as for growth prospects ahead not only for trucks but also trains, ships and generators in remote locations.
With no formal education or training, Peter Grandich entered Wall Street in the mid-1980s and within three years was appointed V.P. of Investment Strategy for a leading NY Stock Exchange member firm. Now an internationally-acclaimed financial expert, Grandich has made a 25-plus-year career out of his knack for uncannily-accurate market predictions. Labeled the “Wall Street Whiz Kid” by Good Morning America, Grandich gained national notoriety by forecasting the 1987 stock market crash just weeks before it happened and on the very next day that within two years the market would reach a new all-time high – which it did. Grandich also predicted that 2000 would go down as the year the great mega bull market of the 80s and 90s came to an end. Grandich was editor and publisher of The Grandich Letter from 1984 to 2014 and Senior Commentator for Moneytalks.com from 2013 to 2015. In 2013, Grandich founded the Athetes & Business Alliance (ABA). Read more at http://www.petergrandich.com/
Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton’s International Commodity Division, NYC. He studied under David Johnson, head of Hutton’s Commodity Division and Chairman of the COMEX.
In the 1980’s Oliver began to develop his own momentum-based method of technical analysis. In 1987 Oliver, along with his futures client accounts (Oliver had trading POA) technically anticipated and captured the Crash. Oliver began to realize that his emergent momentum-structural-based tools should be further developed into a full analytic methodology.
In 1992 he was asked by the Financial VP and head of Wachovia Bank’s Trust Department to provide soft dollar research to Wachovia. Within a year Oliver shifted from brokerage to full-time technical research. MSA has provided its proprietary technical research services to financial and asset management clients continually since 1992. Oliver is the author of The New Libertarianism: Anarcho-Capitalism.
Jim Payne is Chief Executive Officer, dynaCERT Inc. Mr. Payne also serves as Chief Executive Officer of his privately held consulting, project management and real-estate development company operating in the GTA and surrounding areas. Mr. Payne graduated from St. Clair College in Construction Engineering, Project Management and Estimating in 1974. He has successfully built and managed his own private companies for more than 38 years. This provides Mr. Payne with years of experience in accounting, business leadership, and the legal aspects of governance. Over the last decade Mr. Payne has taken his natural networking skills and built on them to create strong team dynamics that lead to success and generate movement. With a strong leadership presence, Mr. Payne is leading dynaCERT in a way that has helped to streamline corporate activities, generate growth, form new partnerships, and bring the corporate vision to a reality.