Bob Moriarty, of 321gold.com, returns to the show with a unique vantage point on global financial markets.
3.40 - Gold is the perfect panacea to weather the global financial chaos.
5.02 - 10 years of near zero interest rates exacerbated the crisis.
6.00 - Banks in China have nearly zero toxic derivatives exposure.
6.20 - Bob suggests Michael Hudson's financial bestseller, The Collapse of Antiquity.
https://michael-hudson.com/2023/03/the-collapse-of-antiquity-release/
14.12 - The banking sector issues.
18.10 - Unregulated $1 trillion derivatives market.
18.50 - Counterparty risk - the new economic concern.
20.01 - Risk of cascading defaults.
23.10 - The financial crisis could eclipse even the crises of 2008, Dot.com and 1929.
24.20 - The FDIC holds merely 7 cents of every 1 dollar insured.
27.10 - CBDC's may not be as safe as Bitcoin, the true blockchain tech.
35.11 - The low interest rate, "free-money" spigots have been turned off - every asset bubble tied to the stimulus may be in jeopardy.
Bob's site: http://www.321gold.com/
About the author
Chris Waltzek is host, executive producer, writer/editor, best-selling author, webmaster, sound engineer and computer guru at Goldseek.com Radio. He earned his bachelors degree in Business Economics and holds a dual MBA in Business Economics & Information Systems. Upon graduation he worked as the firm-wide Industry Analyst at one of the nations largest law firms, Jones, Day, Reavis, Pogue. Chris is currently a Ph.D. student in Management / Finance at NCU.
