What Will Trigger the Next Financial Collapse?

Doug Noland, Quinton Hennigh and Michael Oliver are returning guests on this week’s radio program.

The handwriting is on the wall. “THERE WILL BE ANOTHER MARKET DISASTER STRAIGHT AHEAD!” The fear is that another stock market crash may trigger an even more disastrous financial market meltdown than in 2008. The Fed seems to hint at proactive stimulus taking interest rates to zero no matter the data. Yes, global currency debasement has provided temporary financial market relief after the 1987, 2000 and 2008 stock market crashes.

But the addiction to monetary narcotic has wrecked havoc on global balances sheets leading to fears of termination of the existing financial order. What signs should we be looking for and what should we do to prepare for this impending financial disaster? There is no one better to ask than renowned short trader Doug Noland.

Quinton updates us on the latest exploration efforts of Novo Resources and Michael will provides his usual valuable insights into the financial markets.

Doug Noland is currently Portfolio Manager for the Tactical Short Strategy at McAlvany Wealth Management.  Previously, Doug served as Senior Vice President and Portfolio Manager of Federated Equity Management Company, overseeing the Prudent Bear Fund and Prudent Global Income Fund.  Doug served as Portfolio Manager and Strategist of David W. Tice & Associates, Inc. He served at David Tice & Associates, Inc., from 1999 to 2008. Mr. Noland was a Trader, Portfolio Manager and Analyst for short-biased hedge funds, including G.W. Ringoen & Associates, from 1990 to 1998.  He has received an M.B.A. from Indiana University and a B.S. in Accounting and Finance from the University of Oregon.

Dr. Quinton Hennigh is an economic geologist with 25 years of exploration experience, mainly gold related.  Early in his career, he explored for major mining firms including Homestake Mining Company, Newcrest Mining Ltd and Newmont Mining Corporation.  Dr. Hennigh joined the junior mining sector in 2007 and has been involved with a number of Canadian listed gold companies including Gold Canyon Resources where he led exploration at the Springpole alkaline gold project near Red Lake Ontario, a 5 million ounce gold asset that was recently sold.  In 2010, Dr. Hennigh helped start Novo Resources and began assembling its Australian exploration portfolio. Dr. Hennigh obtained a Ph.D. in Geology/Geochemistry from the Colorado School of Mines.  Currently is also a Director for Miramont Resources and Irving Resources.

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.