Jason Burack of Wall St for Main St interviewed returning guest, former successful software entrepreneur, hedge fund manager and host of the popular Macro Voices https://www.macrovoices.com/ podcast for financial professionals & sophisticated investors, Erik Townsend. During this hour+ long interview, Jason asks Erik about important topics including: 1) An in depth discussion of the Oil market and if Erik is worried about a record speculative long position in oil futures? If the Saudis don't want a higher oil price? 2) The rising yield on the 10 year bond and how it is now over 3%! Erik thinks that if yields continue to rise on the 10 year bond, that it will eventually crack the stock market and cause a large correction or crash. 3) Tracking error on VIX ETFs and also how the leveraged short volatility trade has expanded far beyond just stocks now! 4) How will the Fed be able to sell ~$600 billion in asset sales via its QT program AND the US Treasury also will need to sell $1.2 trillion in additional US Treasuries in the near future. Who will be the buyer? Will pension funds and insurance companies be forced to buy? 5) A conversation about Bitcoin, block chain technology and crypto currencies in general. Erik thinks Bitcoin will be outdated and old tech (like the Wright Flyer https://en.wikipedia.org/wiki/Wright_Flyer is to airplanes in the near future) and he thinks the same thing about other crypto currencies that rely on proof of work. Part 1 of In depth Bitcoin and block chain technology discussion between Erik Townsend & Tuur Demeester mentioned during the interview: https://www.theinvestorspodcast.com/episodes/tip185-bitcoin-debate-with-tuur-demeester-erik-townsend/ Link to Part 2: https://www.theinvestorspodcast.com/episodes/tip186-the-bitcoin-debate-part-2-with-tuur-demeester-erik-townsend/ Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We have 40 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: [email protected]