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Doug Noland and Michael Oliver return. The Federal Reserve has led America and the post-1971 world to the brink of global bankruptcy. It has led the world to this brink of disaster by papering over one credit cycle after another. It has never really allowed the deflationary process to completely wash excesses of debt and mal investment of the past so that new healthy balance sheets could reemerge and an age of egalitarian capitalist prosperity could take hold again in America and beyond. Instead, it has reduced short term pain by bailing out failed companies, keeping them on life support, denying productive capital to be employed in creating “economic green shoots.” Crony capitalism has enriched a ruling elite who now uses the powers of government to deny competing ideas out of the public square and honest capital from competing against their monopolies. Given an absence of productive capital, natural laws of economics require a higher rate of interest to reach equilibrium which the Fed has so far reluctantly allowed to take place. But with a return to honest market-driven interest rates, the Zombie companies and the millions of Americans that rely on them for life support are starting to squeal in pan as they plan to charge the Fed with torches and pitchforks. Will the Fed have the resolve to allow natural market forces to prevail or will it chicken out as the elite who created it in the first place applies pressure? Or, owing to the fragility of the existing over-indebted economic system, will an earthquake in the financial markets and economy force the Fed's hand in either entering an even greater QE or go along with the World Economic Forum in engineering a new global currency that replaces the dollar? No one is more focused on the day-to-day global market dynamics than Doug, so we will ask him for his views on those questions and more. Michael will provide his usual astute momentum and structural analysis of key markets starting with the precious metals.
Doug Noland and Michael Oliver return. The Federal Reserve has led America and the post-1971 world to the brink of global bankruptcy. It has led the world to this brink of disaster by papering over one credit cycle after another. It has never really allowed the deflationary process to completely wash excesses of debt and mal investment of the past so that new healthy balance sheets could reemerge and an age of egalitarian capitalist prosperity could take hold again in America and beyond. Instead, it has reduced short term pain by bailing out failed companies, keeping them on life support, denying productive capital to be employed in creating “economic green shoots.” Crony capitalism has enriched a ruling elite who now uses the powers of government to deny competing ideas out of the public square and honest capital from competing against their monopolies. Given an absence of productive capital, natural laws of economics require a higher rate of interest to reach equilibrium which the Fed has so far reluctantly allowed to take place. But with a return to honest market-driven interest rates, the Zombie companies and the millions of Americans that rely on them for life support are starting to squeal in pan as they plan to charge the Fed with torches and pitchforks. Will the Fed have the resolve to allow natural market forces to prevail or will it chicken out as the elite who created it in the first place applies pressure? Or, owing to the fragility of the existing over-indebted economic system, will an earthquake in the financial markets and economy force the Fed's hand in either entering an even greater QE or go along with the World Economic Forum in engineering a new global currency that replaces the dollar? No one is more focused on the day-to-day global market dynamics than Doug, so we will ask him for his views on those questions and more. Michael will provide his usual astute momentum and structural analysis of key markets starting with the precious metals.
In this episode of Purpose-Driven Wealth, your host, Mo Bina, and Doug Noland talk history and forecasts in light of today's global credit bubble. In the early 90s, Doug started the Credit Bubble Bulletin after extensively studying the changing financial system. At that time, Doug was wholly convinced that it was just a bubble. Today, he explains what society didn't learn in 1994, what inflationism is, why he's a solid proponent of capitalism, and why central banks don't genuinely want to control inflation. In this episode, Doug talks about: The evolution of the financial system Bubbles are mechanisms to destroy and redistribute wealth The merits of capitalism We have a lot of credit that's just financing the asset markets About the huge dependency on low interest rates and so much more! About Doug Noland: In November 2016, Doug Noland ended his almost two-year sabbatical to join David McAlvany and McAlvany Wealth Management. He's at the stage of his career where he will only work with people that he trusts, respect, and admire. Doug couldn't be happier and was really excited with the unique new product they've put together—the MWM Tactical Short. The period 1990 to 2015 was an invaluable 25-year experience learning and persevering as a “professional bear.” His lucky break came in late 1989 when he was hired by Gordon Ringoen to be the trader for his short-biased hedge fund in San Francisco. Working as a short-side trader, analyst, and portfolio manager during the great nineties bull market – for one of the most brilliant individuals he's ever met – was exciting, demanding, and, in the end, a grueling and absolutely invaluable learning experience. Later in the nineties, Doug had stints at Fleckenstein Capital and East Shore Partners. In January 1999, he began his 16-year run with PrudentBear (which concluded at the end of 2014), working as strategist and portfolio manager with David Tice in Dallas until the bear funds were sold in December 2008. Follow Doug Noland on: Website: http://creditbubblebulletin.blogspot.com/ https://mwealthm.com/ Connect with Mo Bina on: Website: https://www.high-risecapital.com/ Medium: https://mobina.medium.com/ For more information on passive investing in commercial real estate, please check out our free eBook — More Doors, More Profits — by clicking here: https://www.high-risecapital.com/resources-index
McAlvany Weekly Commentary Can China survive when the debts cannot be paid? Interest rates spike worldwide while Japan fights against hope to keep rates down Dollar and gold rise as currencies fall The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Doug Noland: A Core Crisis (from the Periphery) July 27, 2022 “The world has never […] The post Doug Noland: A Core Crises (from the Periphery) appeared first on McAlvany Weekly Commentary.
Alasdair Macleod, John Rubino & Quinton Hennigh are this week's guests. Recently, Doug Noland, the portfolio manager for the McAlvany Management Tactical Short fund, wrote the following: “History suggests today's festering issues in credit derivatives and structured finance will prove woefully worse than anyone today appreciates. And there is little policymakers can do to remedy the situation. The cycle has changed. The amount of stimulus necessary to one more time resuscitate Bubble Dynamics would risk hyperinflation.” But what needs to be understood is that inflation is not rising prices but rather it is diminishing the purchasing power of the currency and bank deposits. In a world awash with currency and bank deposits, the real concern is the increasing desire of economic actors to reduce these balances in favor of an increase in their ownership of physical assets and goods. As the crisis unfolds, we can expect increasing numbers of the public to attempt to reduce their cash and bank deposits with catastrophic consequences for their currencies' purchasing power. The most logical physical monetary asset to flee to is gold because that monetary metal is widely accepted and it provides portability of wealth. Alasdair will help us understand what our policy makers do not understand and that is how America has arrived at this horrific financial state and how you can best prepare for the massive difficulties that lie ahead. While physical possession of gold is a starting point, another possible enriching asset to own is equity in companies that produce gold, a universally accepted monetary metal. Quinton will update us on one company that appears to be on the cusp of a gigantic high grade gold deposit, namely Lion One Metals, with its Tuvatu gold deposit in Fiji.
Alasdair Macleod, John Rubino & Quinton Hennigh are this week's guests. Recently, Doug Noland, the portfolio manager for the McAlvany Management Tactical Short fund, wrote the following: “History suggests today's festering issues in credit derivatives and structured finance will prove woefully worse than anyone today appreciates. And there is little policymakers can do to remedy the situation. The cycle has changed. The amount of stimulus necessary to one more time resuscitate Bubble Dynamics would risk hyperinflation.” But what needs to be understood is that inflation is not rising prices but rather it is diminishing the purchasing power of the currency and bank deposits. In a world awash with currency and bank deposits, the real concern is the increasing desire of economic actors to reduce these balances in favor of an increase in their ownership of physical assets and goods. As the crisis unfolds, we can expect increasing numbers of the public to attempt to reduce their cash and bank deposits with catastrophic consequences for their currencies' purchasing power. The most logical physical monetary asset to flee to is gold because that monetary metal is widely accepted and it provides portability of wealth. Alasdair will help us understand what our policy makers do not understand and that is how America has arrived at this horrific financial state and how you can best prepare for the massive difficulties that lie ahead. While physical possession of gold is a starting point, another possible enriching asset to own is equity in companies that produce gold, a universally accepted monetary metal. Quinton will update us on one company that appears to be on the cusp of a gigantic high grade gold deposit, namely Lion One Metals, with its Tuvatu gold deposit in Fiji.
Doug Noland, Dr. Quinton Hennigh and Anthony Santelli return. In his May 21 Credit Weekly Bulletin, Doug wrote: “Rather than subprime mortgages as the system's weak link, today it's “subprime” corporate Credit. History suggests today's festering issues in Credit derivatives and “structured finance” will prove woefully worse than anyone today appreciates. And there is little policymakers can do to remedy the situation. The cycle has changed. The amount of stimulus necessary to one more time resuscitate Bubble Dynamics would risk hyperinflation.” Doug will provide information in support of his concern that the hyperinflationary risk in this credit cycle is very real. Massive credit creation is the main cause of the surging increase in the cost of staying alive but policy makers are doing their best to exacerbate a shortage of one of the most crucial life-sustaining commodities, namely energy. Anthony will explain how an emerging ethanol producer, Blue Biofuels, is on the cusp of using its proprietary technology to produce ethanol in a cost effective manner which in anticipation of strong profit margins even as it complies with net zero CO2 emissions. Quinton will update us on the amazing gold and silver exploration upside for Eskay Mining as that company begins this summer's exploration program.
Doug Noland, Dr. Quinton Hennigh and Anthony Santelli return. In his May 21 Credit Weekly Bulletin, Doug wrote: “Rather than subprime mortgages as the system's weak link, today it's “subprime” corporate Credit. History suggests today's festering issues in Credit derivatives and “structured finance” will prove woefully worse than anyone today appreciates. And there is little policymakers can do to remedy the situation. The cycle has changed. The amount of stimulus necessary to one more time resuscitate Bubble Dynamics would risk hyperinflation.” Doug will provide information in support of his concern that the hyperinflationary risk in this credit cycle is very real. Massive credit creation is the main cause of the surging increase in the cost of staying alive but policy makers are doing their best to exacerbate a shortage of one of the most crucial life-sustaining commodities, namely energy. Anthony will explain how an emerging ethanol producer, Blue Biofuels, is on the cusp of using its proprietary technology to produce ethanol in a cost effective manner which in anticipation of strong profit margins even as it complies with net zero CO2 emissions. Quinton will update us on the amazing gold and silver exploration upside for Eskay Mining as that company begins this summer's exploration program.
McAlvany Weekly Commentary Central Banks tightening, credit markets take cover Flood insurance works well as long as there is no flood Advice: Prepare for difficult times. The post Doug Noland: “Bubbles Don’t Work In Reverse” appeared first on McAlvany Weekly Commentary.
Today I want to share with you a quick summary of the latest phenomenal research from Doug Noland as well as some great quotes from the one and only Thomas Sowell. I also share a quote from George Gilder that reminds us that entrepreneurship is a crucial way in which we participate with the structure of the cosmos itself.
Doug Noland has been a student of credit bubbles for his entire professional life. His macro analysis is among the best in the business and his understanding of the current global situation is profound. In this special interview Doug shares his insights into current market distortions and what they suggest about the road ahead. He is the author of the widely read and respected blog, the https://creditbubblebulletin.blogspot.com/p/about.html (Credit Bubble Bulletin. )
In this episode I talk about the Sermon on the Mount, interview Doug Noland, and highlight the GriefShare ministry.
Doug Noland and Dr. Quinton Hennigh return. The current global depression may appear to have been triggered by COVID-19 but the truth is the seeds of destruction for our prosperous free market, capitalist system were sewn years ago by detaching gold from money. That paved the way for the Keynesian lie that wealth can be created by a debt-based monetary system. History reveals that every country that tried to get rich by expanding credit has failed. And now the end game for the current dollar-based monetary system is nearing its end. Doug talks about the current dynamics of this current credit bubble and why there can be no turning back now because from now on its hyperinflate or face a deflationary depression. We will probe the limits of the current credit bubble with Doug. But there is good news from Dr. Hennigh who will provide ample reason to believe Lion One Metals may be on to a very large and rich high-grade, alkaline gold system in Fiji being explored by Lion One Metals.
McAlvany Weekly Commentary Credit is now the new money – A game that can’t last “Moneyness of Credit,” works as long as the Fed can turn fear to greed Noland sees credit dystopia vs Duncan’s credit utopia (next week’s show) The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Doug Noland: It’s Too Late To Turn […] The post Doug Noland: It’s Too Late To Turn Back Now… I Believe You Should Take Cover! appeared first on McAlvany Weekly Commentary.
David has served as CEO of the McAlvany Financial Group since 2008. Portfolio management began with Morgan Stanley during the 2000 and 2001 tech crisis where he avoided major losses and benefited clients from the early stages of a commodity super cycle. Founding MWM in 2008 he and his team managed portfolio positions through a second period of financial compression, maintaining positive returns throughout the global financial crisis. In 2017, partnering with market short specialist Doug Noland, Tactical Short was launched as a hedging strategy for institutional and retail clients. He now oversees four portfolio styles (MAPS) with the collaboration of his team. He has over 20 years of involvement in the wealth management industry and is Author of the Intentional Legacy. 0:05 Introduction 1:52 Demographic of gold buyer in past 6 months? 3:58 What would it take to increase generalist investor interest in gold? 5:23 Hard currency reset possible? 10:17 Discussing gold ETF’s, gold stocks and gold bullion 12:52 Vaulted: buy gold from your smartphone 14:29 Discussing Glint Pay Services Ltd.’s bankruptcy 17:47 Difference between Vaulted and Goldmoney 19:39 Millennial interest in Vaulted and gold 24:58 Hard asset investing opportunities Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 This was not a sponsored interview. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.
McAlvany Weekly Commentary Lila Murphy – “You must know the community in the company you invest in” Doug Noland – “You must know the signals of the credit markets” Be a fly on the wall for the McAlvany Wealth Management team discussion To learn more go to https://mwealthm.com About Our Guests: Doug Noland: Doug has 25 years of […] The post Getting Paid To Own Real Things appeared first on McAlvany Weekly Commentary.
Doug Noland, Quinton Hennigh & Michael Oliver return. 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 will update us on the latest exploration efforts of Novo Resources and Michael will provide his usual valuable insights into the financial markets.
Jay introduces the guests and sponsors for the day’s program and Michael Oliver provides his usual valuable insights into the financial markets. Quinton Hennigh, Executive Chairman and President of Novo Resources, provides the latest news on what what the company is planning in light of some unique challenges. Doug Noland, […]
Stewart Gandolf interviews Doug Noland, Executive Director of Patient Experience at Astellas. Stewart and Doug discuss the shift in the landscape with regards to patient experience and how things are changing on the pharma side. Read our blog on this podcast here: https://healthcaresuccess.com/blog/pharmaceutical-marketing-advertising/pharmaceuticals-patient-experience.html
McAlvany Weekly Commentary Stocks still euphoric while bond markets seem worried In 2018: Of 70 different asset classes 90% are in the red Cash poor needing money tap their “house atm” for bills CLICK HERE TO LEARN MORE ABOUT THE TACTICAL SHORT PROGRAM & DOUG NOLAND The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick DOUG […] The post Doug Noland – The Global Bubble Has Been Pierced appeared first on McAlvany Weekly Commentary.
Doug Noland, Dr. Quinton Hennigh and Michael Oliver are return guests. In 56 BC, Cicero wrote: “A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves among those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself.” While many express concerns about 7,000 “barbarians” at the U.S. southern border, the origin of a more threatening global financial insolvency is the poisonous Keynesian religion that fosters unrealistic dreams driving the world to financial Armageddon. Doug will report on the financial pulse of global markets and provide helpful advice on how to navigate financially troubled waters ahead. Quinton will update us on long awaited news from the Novo Resources gold project in Australia and Michael will share his structure and momentum market advice.
McAlvany Weekly Commentary John Hussman – “Market could decline as much as 64%” Druckenmiller – “Next 5 years will be very different now that money is no longer free” Doug Noland – “Market contagion is back”CLICK HERE to register for the Q3 Tactical Short Call Click Here To Learn More About Vaulted The McAlvany Weekly Commentary with […] The post Market Tremors Today Point To Epic Market Volatility Ahead appeared first on McAlvany Weekly Commentary.
McAlvany Weekly Commentary This Time The Bubble Pops From The Outside In – Interview With Doug Noland & Dave Burgess To learn more about the guests or McAlvany Wealth Management Click Here The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick THIS TIME THE BUBBLE POPS FROM THE OUTSIDE IN – INTERVIEW WITH DOUG NOLAND & […] The post This Time The Bubble Pops From The Outside In – Interview With Doug Noland & Dave Burgess appeared first on McAlvany Weekly Commentary.
John Rubino substitutes for host Jay Taylor who is vacationing. John will interview first time guest Doug Noland and Michael Oliver. Doug Noland believes the monetary experiment of recent decades and most notably zero-interest rates following the 2008-09 financial crisis has set the stage for the mother of all financial disasters. Debt has grown exponentially and income is edging ahead in a very slow linear manner thanks to unlimited amounts of debt-based money creation. Doug will explain why an impending financial disaster is virtually certain. But he will provide some ways to greatly reduce personal risk by planning ahead while a calm environment still exists. Michael will update listeners to his latest views on key stock, bond, commodity and precious metals markets and, in a prerecorded interview with Jay, Brian Groves, Chairman of Genesis Metals, discusses the progress being made in growing high-grade ounces of gold at that company's Chevrier project in Quebec.
McAlvany Weekly Commentary About this week's show: Global QE gas lost its effectiveness Find the credit growth, then determine where the inflation is Trump recognizes the distortions that QE created and won't get along with the Fed The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “We want to build a long-term business. We're looking for long-term relationships. […] The post Doug Noland: Central Bank Credit Risks Reaching New Highs appeared first on McAlvany Weekly Commentary.
This podcast is sponsored by Sandstorm Gold. Be sure to check out Sandstorm Gold at http://sandstormgold.com/invest/ Jason Burack of Wall St for Main St interviewed first time guest, student of the Austrian School of Economics and Portfolio Manager for McAlvany Wealth Management https://mwealthm.com/doug-noland/, Doug Noland. Doug has over 25 years of experience working in the financial industry including working at Bill Fleckenstein's hedge fund. Doug also worked with David Tice at the Prudent Bear fund, which specializes in shorting stocks and other financial assets. Doug's full bio is here: http://creditbubblebulletin.blogspot.... Doug is perhaps most famous for writing his financial blog articles. Doug has been documenting credit and financial bubbles since the late 1990s with his well known financial blog, the Credit Bubble Bulletin http://creditbubblebulletin.blogspot.... Doug's excellent 2 part McAlvany Weekly Commentary Interviews w/ David McAlvany in 2016: 1) https://mcalvanyweeklycommentary.com/... 2) https://mcalvanyweeklycommentary.com/... During this 40+ minute interview, Jason starts off by asking Doug about his opinion of the state of the global economy? Doug says how he's shocked he's still talking about central banker created bubbles since he started blogging about the technology bubble of the 1990s. Doug says that QE never stopped from global central banks as central banks like the Bank of Japan, ECB and PBOC injected ~$2 trillion of QE into capital markets in 2016. Doug says central bankers are 100% committed to maintaining the status quo now and they are terrified of letting asset prices fall without more intervention.
McAlvany Weekly Commentary About this week's show: What is a credit bubble? How misallocation of capital distorts market pricing What you can do about it About the guest: Doug Noland served as senior portfolio manager of Federated Prudent Bear Fund, Federated Prudent DollarBear Fund and Federated Market Opportunity Fund. With more than 20 years of investment experience, he leads […] The post Part 2) Doug Noland – The Consequences of Massive Debt appeared first on McAlvany Weekly Commentary.
McAlvany Weekly Commentary About this week's show: What is a credit bubble? How misallocation of capital distorts market pricing What you can do about it About the guest: Doug Noland served as senior portfolio manager of Federated Prudent Bear Fund, Federated Prudent DollarBear Fund and Federated Market Opportunity Fund. With more than 20 years of investment experience, he leads […] The post Part 1) Doug Noland – The Consequences of Massive Credit appeared first on McAlvany Weekly Commentary.