Chris Martenson: Oil, gold, the domestic economy, stocks & sustainable energy

Chris Waltzek, Goldseek Radio, Released on 3/10/16

Summary:

  • Chris welcomes Dr. Martenson from PeakProsperity.com – the co-author of Prosper! is watching the crude oil market for signs of a double bottom pattern.
  • Gold is higher by about 15% so far this year and remains strong, rebounding sharply from oversold conditions.
  • Gold fundamentals continue to impress – last week, Blackrock halted issuance of new gold ETF iShares $7.7 billion, due in part to insatiable demand.
  • Gold is best positioned to benefit from a major paper money zenith – global monetary policies virtually guarantee success.
  • The domestic economy is weak, built on flimsy monetary policy and enormous corporate debt.
  • The huge P/E’s ratios and sluggish growth increases the odds of a serious US equities decline.
  • Dr. Martenson highlights his self-sustaining, solar water-heater that pays remarkable dividends in the form of energy savings family as well as benefits society with a lowered carbon footprint.

Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the launch of his seminal video seminar which later became a book called The Crash Course. Chris’ latest book (co-authored with Adam Taggart) is called Prosper!: How to Prepare for the Future and Create a World Worth Inheriting.

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