WallStForMainSt: Louis Cammarosano (Smaulgld): US & China Both Have HUGE Financial Problems?

  • Friday, 10 August 2018 03:13
Jason Burack of Wall St for Main St welcomes back returning guest, precious metals analyst and former Silicon Valley executive and Wall Street lawyer, Louis Cammarosano of Smaulgld https://smaulgld.com/. During this interesting conversation, Jason and Louis go back and forth discussing what the 5-6 major central banks are doing since they last spoke in March. The Fed has hiked rates, the US Dollar has against the other currencies in the US Dollar Index and also against emerging market currencies and QT is ramping up. The Fed has already sold around $250 billion in assets on its balance sheet. Jason and Louis also have a long discussion about the credit problems and financial problems in China and whether the best case scenario for China is what happened to Japan 30-40 years ago? To wrap up the interview, Jason and Louis talk about the escalating US vs China trade war and if anyone can actually win the trade war? Louis also talks about how the gold price has been doing poorly in many currencies except in Turkey, Brazil, Argentina and Venezuela. 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] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**

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