Category Archives: Transcripts

September 13, 2017; Bill King: “Something is Spooking the Dollar in a Big Way”

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “They promise you everything and now you just don’t have the money to do it. And so it’s going to be interesting to see what Trump does, here, how this thing plays out, but I think all the indicators are that you had better …

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September 6, 2017; Mr. Bubble is Full of Trouble for the Markets

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “You have something more basic in the gold market than a catastrophic event driving people in. You have a lack of supply feeding existing demand, which is automatically going to put pressure upward on the price. You bring investors in for any reason and …

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August 30, 2017; North Korea & The Germany Of Recent History: The Lessons We Learn From The Past Will Define Our Future

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   Kevin: Today we have a very special and important show for you. First we’ll discuss how the metals markets have broken through key triggers. We see gold this week in the $1300s. And you know, for the first portion of the show today we …

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August 23, 2017; David & Don McAlvany From Germany: What Stands The Test Of Time?

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Kevin: I’m here along with David McAlvany and his father, Don McAlvany. Dave, one of the things that you really saw as you traveled around the western half of the United States was the theme that you wrote the book about – legacy. You were …

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August 16, 2017; Stocks Hits 33rd All Time High this Year! – Same as in 1929

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “Margin debt numbers have begun to decline off of their peak and that feeds a negative cycle of momentum to the downside in stock prices. We are maxed out. The equity market is ready to roll over. If you haven’t already, now would be …

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August 9, 2017; What’s up with Bitcoin, Blockchain, and Asian Gold Hoarding?

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “On today’s program, David and Don McAlvany have now completed the first half of a nationwide tour to meet with and inform our listeners, subscribers and clients. What were the common themes and questions at each of these conferences? Stay tuned.” – Kevin Orrick “The …

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August 2, 2017; Richard Bookstaber: People Cannot be Controlled like Automatons thus Crises Repeats

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Kevin: David, our guest today wrote a book ten years ago that was just amazingly prophetic called A Demon of Our Own Design. Richard Bookstaber, of course, is who I’m talking about. This is a man who understood the inner workings of the way Wall …

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July 26, 2017; Becker Polverini: You Should Be Worried About Big Data – They Are Watching You

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   Kevin: David, you’ve been on the road, you’ve been meeting with clients with these conferences with your dad – Palo Alto, and then later Agoura Hills. You’re working your way across the West Coast, but you also had a chance to attend an economic …

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July 17, 2017; The Best Of The McAlvany Weekly Commentary 2017 So Far

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Kevin: This week I was traveling with David and Don in Palo Alto. And for those listeners whom I saw, it was great seeing you. That briefing tour, the Global Strategic Intelligent Briefing Tour, now continues. On July 19th, they will be in Agoura Hills, …

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July 12, 2017; Demand For Gold Soars In India – Almost Double Last Year’s Numbers

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “On today’s program, managed money positions, which are hedge funds, have dumped gold over the last 12 months, reducing exposure by 75%. On the other hand, the exports to China, India, Hong Kong, Turkey, and Russia have continued to rise. So it’s the tale …

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July 5, 2017; Neil Howe: “We are 8 Years into the Fourth Turning”

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “On today’s show our guest, Neil Howe, author of the best-selling book, The Fourth Turning, says that this static Fed-manipulated complacency will not survive, and that a paradigm shift of historic proportions is just around the corner.” – Kevin Orrick “To understand this, and to …

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June 28, 2017; Government Socialized Healthcare: Health Insurance Stocks Hit All Time Highs at Your Loss

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “On today’s program, central bank intervention has now become the new normal, but it’s masking the ability of the markets to recognize and price in risk. What happens when the blinders come off?” – Kevin Orrick   Kevin: Well, it happened again. Whoever wants …

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June 21, 2017; The AMAZON-ization of the Nation and its Long-term Consequences

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “On today’s program, thinking of Amazon, Netflix, etc., seems to represent a new business model that says, ‘Yeah, we lose money on every transaction but we make it up on volume.’ Is that sustainable, and when does actual profitability and personal relationship matter?” – …

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June 14, 2017; Will The Free Market Ever Exist Again? Just You Wait!

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “Will the free market ever exist again? Will reality ever return again? The answer, on today’s program, is a resounding yes. And how to prepare for the dissolving of this current matrix is the key to the discussion.” – Kevin Orrick   “We know …

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June 7, 2017; Trump Leaves Paris Accord – Elon Musk Steps Down From Advisory Council

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “On today’s show Trump trumps out the Paris Accord and 93% of all positive employment numbers for the last ten years have come from a single fudged birth/death model. The stock market is soaring on new results of just five stocks rising while 495 …

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May 31, 2017; Stocks Mega Overpriced: Dead Canary Indicator Screams Vacate The Area!

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “On today’s program, we contrast a world where blind investing is holding a Dow and a NASDAQ at all-time highs, just as the economy and the GDP matches the lack of growth numbers that we saw back during the Depression years of the 1930s. The …

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May 24, 2017; Dr. George Friedman on Internet Privacy: When Government Control is Preferred Over Anonymity

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “On today’s program, anonymous computer hacks taking data as hostage, and North Korea. Each begs the question: What is the real threat, and what will be the response?” – Kevin Orrick “It knocked hospitals offline. I use that because that is incredibly important. It also, …

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May 17, 2017; Position Investor Jim Deeds: “I’m Now Positioning in Silver”

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “On today’s program Jim Deeds teaches us from his experience-driven knowledge of investing and common sense, just how important it is to acquire silver today.” – Kevin Orrick “What you are talking about is, you are dealing in something on both sides that people need. …

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May 10, 2017; Facebook, Amazon, Netflix & Google Priced To Break Even in 92 Years!

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “On today’s program, sluggish growth in America and China, yet every topping bell indicator is ringing in the over-valued U.S. stock market. How many times do we have to see these signs repeated – 1987, 1989, 2007 – to get out of the market …

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May 3, 2017; As the Saudi’s Weaken, Iran Strengthens, and Turkey Wants to Rule the Islamic World

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “In today’s program we look at what does a balance of power strategy look like for the United States in a very complex Middle East, a Middle East that cannot be controlled through normal diplomacy. We are talking about Turkey, Iran, Israel, Saudi Arabia.” …

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April 26, 2017; Vive la France, Vive la Euro, Vive la Draghi Debt Nannie

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “In today’s program, we have all the signs of an epic top therein, yet the Dow soars to new highs above 21,000. All the while, the U.S. nuclear sub U.S.S. Michigan sits ominously in port near North Korea.” – Kevin Orrick   “I guess …

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April 19, 2017; The Most Under-Appreciated Way to Compound the Amount of Gold Ounces You Own

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “On today’s show we will talk about Dave’s visit to the demilitarized zone, the DMZ, in Korea, and what to do to take advantage when everyone in the world is buying gold except people in the United States.” – Kevin Orrick   “I think …

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April 12, 2017; Syria…False Flag or Not, War is on the Table

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “The theoretical future risk is no longer an issue which the modern investor is concerned with. Most individual investors – and listen, I would include professional managers in this, as well – they believe they don’t have to be early, and they believe that …

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April 5, 2017; True or False: Central Bankers Can Now Guarantee Perpetual Growth

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “On today’s show, optimism is at high levels, in fact, levels that have only been matched by the pre-crash years of 2000 and 2007. Are there consequences this time?” – Kevin Orrick   “Do you get the same market reaction twice? Do you get …

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March 29, 2017; Doug Noland: Central Bank Credit Risks Reaching New Highs

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. We think we can be part of a portfolio for years, and as we have a proven track record and grow our assets, then we’ll do quite nicely. I think now is …

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March 22, 2017; Printing Money To Save The System Won’t Work Anymore

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “We’re not exactly turning the corner in terms of demand pull. What we’re really turning the corner in is this over-abundance of debt with no buyers. We’re got rates that are moving up because the bond prices are moving down. Yes, I do see …

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March 15, 2017; Voracious Stock Buyers “Double Down” With $500+ Billion in Borrowed Betting Money

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “On today’s show we look at when to double down on the market, and when to quietly wait on the sidelines.” – Kevin Orrick   “What isn’t already locked into the greater fool theory of investing, where you paid a high price, and you …

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March 8, 2017; Dow/Gold Ratio: The Ultimate Leverage for Your Assets

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “Today we talk about the enormously powerful concept of employing the Dow-Jones ratio. It truly could leverage your assets as much as 1700% to the upside in the coming years.” – Kevin Orrick   “What we’re talking about is a very critical shift. We’ve not …

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March 1, 2017; Are Stocks Dangerously Too High? 91% of “Sheeple” say No!

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “On today’s show, as long as the pied piper of credit is flowing, prices will grow and the world powers avoid war. But when the piper gets paid, watch out.” – Kevin Orrick   “The weakness here is in not appreciating the fundamentals of …

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February 22, 2017; Bert Dohmen: “Gold & Silver: Opportunity of a Lifetime?”

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “We all hear about the two certainties in life – you know, death and taxes. There is actually a third certainty in life, and that is that the value of your currency, no matter what currency you hold, will continue to decline. If you …

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February 15, 2017; Worldwide Demand for Gold Increases as Distracted U.S. Buys “Toppy, Trumpy” Stock Market

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “In today’s show, U.S. investors are piling into a historically overpriced stock market just as the rest of the world is spiking demand for gold. Also, is the gold and silver ratio suggesting an increase in allocation to silver?” – Kevin Orrick   “You …

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February 8, 2017; The “Uncertainty Hedge” Gold Up 6.6% So Far This Year

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   In today’s show we look at gold, which is up over 6% this year, and we look at the stock market where the price earnings ratio right now is signaling a major downturn. Will it happen? We’ll talk about it. *     *     *   …

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February 1, 2017; Trump Trumps Obama’s “Global Apology Tour”

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   Kevin: Today’s show will incorporate possible victories and challenges for Donald Trump, and our reaction to them. We end the show with how to create an intentional legacy for you and your family. *     *     *   “We do see monetary policy as being …

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Russell Napier: Gold WILL Rise WITH the Dollar – January 18, 2017

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “Longer term, my concern is, if the government sucks in more and more of America’s savings, there are less savings to go around for the purchase of equities or property or something else. That’s something I wrote several years ago that I called The …

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January 11, 2017; What Will “Trumpflation” Mean for the Rest of the World?

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “Yes, that’s why people do want gold. Why do they want it? Because it is, ultimately, the only financial asset devoid of counter-party risk. And so to look at 2017 and 2018 and say that things are getting so much better in the United …

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January 4, 2017; Your Questions Answered Part 2

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “Would I want my options open with private capital outside the financial system as we challenge political relationships and geopolitical relationships? I’m very comfortable owning gold, and I’m very comfortable if the price drops $100 to $200 from here. I think the probabilities are …

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December 28, 2016; Your Questions Answered Part 1

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “So here we are circa 2016, and we’ve papered over the problems in Europe, we’ve papered over the problems in China, and we haven’t met these challenges with any real structural change or reform, in large part because we’ve had massive amount of central bank …

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December 21, 2016; Stocks Too High? Bullishness Higher Than 2000 & 2007

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “Anything is possible. We have melt-up dynamics in the stock market. As we mentioned last week, technical and fundamental factors are temporarily irrelevant when the bulls get running. The two most important factors heading into 2017 will be interest rates, and the direction of …

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December 14, 2016; Trumpo-Stocko-Mania! Let’s Party like it’s 1929

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “Get used to it. We’re not going to have anything like the growth we’ve had in the last 30 or 40 years, in part because we’ve got this massive burden of debt that we’re carrying. And now a new administration that says, ‘The debt? …

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December 7, 2016; We Are Being Made Beggars For Our Own Money!

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “I hear of Trump’s desire to spend trillions and replace our infrastructure, and spend capital to create growth. And the question that always comes to my mind is “Whose capital?” Government creates nothing. Government has never created anything. Where does the money come from? …

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November 30, 2016; India Suddenly Goes Almost Completely Cashless

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “How quickly do you go from, ‘We’re okay – barely,’ if you’re an Italian, French or German bank, to ‘Oops, we’re insolvent?’ Well, do you remember Bear Stearns? Do you remember Lehman Brothers? Monday – ‘We’re okay.’ Thursday – ‘Sorry, we’re closing our doors.’ Shocking! …

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November 23, 2016; Trumponomics and the Sure Return of Inflation

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “In contrast to earlier cycles of debt crisis and economic growth, guess what we have that you didn’t have in earlier cycles? We retained the baggage from the last crisis and now are moving into an environment of ‘rate normalization’ which is really difficult to …

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November 16, 2016; Clinton Loss Exposes the Intolerance of the “Proudly Tolerant”

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “Everything in life is nuanced. And everything on a political platform becomes very bifurcated, and good or evil, and that’s not nuanced at all. So now that we’re past the election we need to start getting into the fine brush-strokes and figuring out what …

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November 9, 2016; Trump Wins – Post Election Special Edition

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “Capital grew over the last 35 years all over the world while labor was left behind. Now labor wants some of that capital back. So, is it higher taxes, is it a change in the structure of capital gains tax rates? There are a …

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November 2, 2016; Aden Interview: 2016 = Uncertainty, Anger and the Turnaround for Gold

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “It really is interesting. I think it can go on a lot longer than you imagine. And we would just say, let the markets tell you. Go with what you see in the markets because it will come out. The markets will tell the …

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October 26, 2016; Key U.S. Ally Suddenly Switches Allegiance To China

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “Imagine launching a car off of a ramp. Your maximum acceleration combined with maximum ramp angle launches the vehicle into space. There is an apex where velocity is at its max and then energy is lost. And markets are no different. You have flows …

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October 19, 2016; $20 Trillion in Debt, Who Cares!? Just Numbers On A Screen

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   We have economic activity this week. We have financial firms that are closest to the central bank community in Japan and Germany which are being hurt, not helped, by their policies. It’s the backlash and the collapse of confidence that marks the tone and …

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October 12, 2016; Jim Deeds: The Election is about Changing Forever the America We Knew

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   You look at life and say, ‘Some things go on and on and on, but most things do change, and the change is what creates the opportunity.’ That’s the only reason I can get very excited about what I see every day, is that …

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October 5, 2016; Is Deutche Bank the Next Lehman? – Hillary Hopes Not

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “In essence we went from a banking crisis in 2008 and 2009 to an even larger issue today, and it makes sense why Larry Summers would suggest an active participation in purchasing stocks, not just bonds, and Yellen would echo that saying the Fed …

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October 5, 2016; Is Deutche Bank the Next Lehman? – Hillary Hopes Not

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “In essence we went from a banking crisis in 2008 and 2009 to an even larger issue today, and it makes sense why Larry Summers would suggest an active participation in purchasing stocks, not just bonds, and Yellen would echo that saying the Fed needs …

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September 28, 2016; To Understand Election 2016 You Have to See 2020

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick You and I, Kevin, look at debt and we say, “This is a big problem.” For the muckety-mucks, they would say, “This is not a big problem because we have something at our fingertips that you don’t have, and that’s the power to coerce. We …

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September 21, 2016; Straight From the Horse’s Mouth: “We Will Eliminate Your Cash”

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “Yes, we have stagflation. No, there is no stable equilibrium. Yes, there are inputs into companies that are tagging the bottom line for corporations, and have been cautious in terms of business spending, which leaves us with one conclusion. Guess what? Early 2017 the …

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September 14, 2016; Carmen Reinhart: Financial Repression Requires a Captive Audience

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “Sometimes, if you find a more opaque way of picking somebody’s pocket, you may get away with it for a while. I’ve had a very tough time with a lot of people convincing them that negative real rates are a tax, which to me …

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September 7, 2016; Common Man is “Mad as Hell & Not Going to Take Anymore”!

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “When the mass is moving a certain direction, try to stand back and appraise it as objectively as possible, because history, as a guide, will tell you that the majority is always wrong. The majority is being clustered and focused by central planning in …

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August 31, 2016; Diane Coyle on GDP: Rethinking the Uncountable

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “A lot of Americans, a lot of Britons, a lot of other Europeans, have not seen any progress in their standard of living. I think that’s one of the reasons we’re seeing uncivil political debate that both sides of the Atlantic are having these …

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August 24, 2016; Part 2) Doug Noland – The Consequences of Massive Debt

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “My job is not to predict, it is to have a sound analytical framework, to work very hard to be on top of developments, to be able to react. And we’re going to have to react. There are going to be some major decisions that …

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August 17, 2016; Part 1) Doug Noland – The Consequences of Massive Credit

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “We are talking about the stability of the global financial system. We are talking about confidence in the heart of money and credit. And the thought that we can go out and endlessly inflate trillions of dollars of credit – and these are just basically …

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August 10, 2016; Bond Kings Gross & Gundlach Strongly Suggest Gold

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “The world is going to be re-made, perhaps not for the better, in the chaos that ensues. And perhaps that is not by accident. Own some gold; own some gold shares. You need to let this clear, and you don’t want to be involved …

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August 3, 2016; Storehouse Creativity vs. Fearful Hoarding

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “This kind of interventionist behavior on the part of central banks all around the world – this is where gold gains traction again, when people say, ‘You can’t make heads or tails out of interventionism and the only way to hedge against a blow-up …

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July 27, 2016; Richard Duncan: Creditism Has Replaced Capitalism

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “Everyone is trying to understand what we have to do to prevent our economy from collapsing, and hopefully, be able to return to growth. But it’s important for everyone to understand that there is no real past experience for us to draw on. This …

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July 22, 2016; Fake Coup in Turkey: Visions of Renewed Caliphate?

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “I’ve said that I’m not for conspiracy theories. But when I see this sort of insanity – this is either a terrible idea on the part of central planners, or this is a perfect plan, according to central planners, where you create chaos and …

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July 13, 2016; Japanese Money Fleeing to Gold, the “Unprintable Currency”

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “If you already own gold, my suggestion is hold fast, add on dips. $1307 was decisively broken. Remember this – global fundamentals are in your favor. So, as they say when you’re getting into the roller coaster, keep your hands and feet in the …

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July 5, 2016; Gold/Silver Ratio is Screaming “There’s a New Wave of Buyers!”

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “I think as you consider transitioning from gold to other assets, you need to consider doing it, because as the price of gold increases, it is going to end up with a target on it, a set of crosshairs on it. What is the …

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June 29, 2016; Brexit = The People vs. the Elite Establishment

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “I think the bull market in gold may be over as soon as 2020. For most investors, they are going to pass by this unaware that there is a powerful little math equation, and quite frankly, if you don’t pay attention to that little …

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June 22, 2016; Brexit: The Vote Heard Round the World

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “We have a number of tinder-boxes which are the set-up for massive fiscal spending, which are the way of saving the system, but there has to be the cover. It is actually going to have to be front page news – tragedy, chaos, loss, …

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June 15, 2016; The Best Voices of the Year at MWC

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “How do you, as an individual, participate in real time and be a man or woman of your times, and yet, also, with wisdom, live outside of your time, and not subject to the tyranny and the dictates of whatever agenda is being pushed? …

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June 7, 2016; Richard Maybury: FDR, London & Tribal Alliances

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “That’s the choice that’s coming. There will be a revolution. We will go either in the direction of the American Revolution or the French Revolution, which has always been called a Reign of Terror, and quite logically so. And I really think that’s going …

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June 1, 2016; Will Yellen Finally Raise the Interest Rate?

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “Options are closing off, and pressure is building. And in a moment of crisis, people or nations will do what they wouldn’t ordinarily do because of the pressure. So, global debt to GDP at 210%, moving to 240%, at a certain point you have …

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May 18, 2016; “Paper Gold” to Real Gold Disparity now 542/1

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “We are on the cusp of once-in-a-generation opportunity, a wealth transfer that occurs when assets get very, very inexpensive. And the question is, do you have liquidity in the most reliable form? And yes, that does mean devoid of counter-party risk. That’s imperative. And …

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May 11, 2016; So Long London & COMEX, China is the New Gold Exchange

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “It’s the same old disease. Why wait until tomorrow to purchase something when I actually have the savings instead of buying it today on credit? There are only two kinds of people in the world. There are those who pay interest and those who receive …

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May 4, 2016; Plan Now Your Gold Bucket List

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “If inflation expectations move significantly, you have the self-fulfilling cycle of real inflation rising. That occurs, and now your bonded cash-holder that had a better, or theoretically safer, risk profile than the stock owner is now in real trouble. I assume that if the average …

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April 27, 2016; Andrew Jackson: “I Killed the Bank”

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “What has happened is, your money is not buying what it used to. It is not worth what it used to be. And if this piece of history is forgotten, as Jim Deeds suggested last week, this is the history which you will relive on …

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April 27, 2016; Andrew Jackson: “I Killed the Bank”

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “What has happened is, your money is not buying what it used to. It is not worth what it used to be. And if this piece of history is forgotten, as Jim Deeds suggested last week, this is the history which you will relive on …

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April 22, 2016; Jim Deeds: “We are Now in the Next Great Gold Rush”

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “I believe, personally, that my gold and silver stocks that I own today will go up 20-40 times in price. I believe that. And I believe that because I’ve lived through it and I’ve watched the price of gold go from $35 to $800. So …

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April 13, 2016; Gold’s Current Market a 1970’s Deja Vu Times 10

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “You have earnings that are in decline, you have a corporate profit cycle which has rolled over. You have stock investors who are marching into a very bleak environment. And you know what they’re doing? They’re just following the Pied Piper of Wall Street, …

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April 6, 2016; Michael Pettis: Concerned Capital Flowing out of China

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “The reason that we have been seeing what looks like currency weakening moves within the country is really for domestic purposes. They have to expand the domestic money supply. But it’s not being interpreted that way abroad. So, every time there is weakness in …

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March 30, 2016; Bill King : The Fed is Beyond Trapped

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “You just have to be flexible. But you have to have insurance. If you don’t own any gold or silver or these things, you’d better own some. Now, how much you need? That depends on your personal situation and your personal preferences, just like …

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March 23, 2016; Jeffry Frieden: Mad About Politics? Follow the Money

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “Can today’s political classes confront the very serious problems that we face in a way that both satisfies the desire of many for a more integrated world economy, and satisfies the very legitimate concerns of people who have seen their living standards decline and …

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March 16, 2016; Special Interests Vie For New Currency Regime

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “So again, we come back to this context of political theater, where whether it is Republican or Democrat, they are promoting, not only certain ideas, but promoting ways to pay for their ideas. As we, an informed electorate, go to the polls, I think …

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March 9, 2016; $4.47 in Debt Gets Us Only $1.00 in Growth?!

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “This is a period of time where you want to be cautious, because of the character of the central planners, because of the trends in play which define you as an average investor – an average investor who is nothing more than fodder for …

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March 2, 2016; Thomas Sedlacek: The Economics of Good and Evil

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “Now, of course, in our knowledge, in our thinking, even in our daily ethic we have many, many inconsistencies. This is quite normal, but we still live our lives. But in reality, there is not a single inconsistency in the practice. The only place where …

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February 24, 2016; Trapped! Central Bankers Propose a Wall to Keep You In

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “What do you share as an identity if you are a central banker or a socialist? It’s this issue of, ‘We believe we should control decision-making, and the market is not capable – people in the market are not capable – of doing these …

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February 17, 2016; V is for Volatility

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “When you’re put under pressure, what do you revert to? You revert to what you’re most comfortable with. And although they have, in China, expressed many capitalistic characteristics and tendencies, you would have to say that the heart is still command and control. And …

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February 10, 2016; Gold Awakens from a Three Year Coma

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “This is a period of time where you want to be cautious, because of the character of the central planners, because of the trends in play which define you as an average investor – an average investor who is nothing more than fodder for …

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February 3, 2016; Seal the Exits!: The Coming Cashless Society

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “What are the areas of your life that you want greater control over? As control is being ripped from your grasp, and as you are being herded into the cattle chute, the question is, where do you want autonomy, where do you want freedom, …

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January 27, 2016; China Buys All the Gold Produced in 2015 (and more)

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “Now we’re talking about nominal growth rates today of 2% plus/minus. They should not be raising rates unless they intend to recreate the 1937-1938 period where too much tightening too soon in the wrong context precipitated the 50% decline in equities. We may be …

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January 20, 2016; Without Intervention the Markets Will Go Down

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “The Dow-gold ratio is at 16-to-1 today. What that implies is that we are in a period of distrust. It implies that we are in a period of geopolitical tension. It implies that we are in a fiscal and monetary mess. Basically, you already …

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January 13, 2016; Ian McAvity: The Death of the Petrodollar

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “I have no doubt at all that at the end of the day all the debt that has been created, the currency turbulence that lies ahead, there is no question in my mind we are going to see meaningfully higher gold prices against the dollar, …

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January 6, 2016; Chinese Markets Lose 590 Billion in 7 Minutes!

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “The world has some relational sorting out to do, in the Far East, in Africa, and of course, in Europe, with the entire union taking on the added pressure of a refugee crisis. So you should carefully consider the surface level benefits of diversification. …

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December 30, 2015; Chris Martenson: Creating A World Worth Inheriting

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “There is no doubt that innovation and change are necessary in these areas of the economy, of energy and the environment, and I do think that managing our expectations, as Chris suggested, is a very, very important thing. It is, what kind of life …

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December 23, 2015; Your Questions Answered 2015 – Part 3

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “There are opportunities which, in the next few years, I think will present themselves as once in a generation, perhaps even once in a thousand year-type opportunities, and I think you will be the kind of person that is there to take advantage of them. …

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December 16, 2015; Rates Rise, Who Dies? Complements of Yellen

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “Maybe it’s just a pipe dream and I’m just a paranoid guy who owns a little too much gold. Here in the United States I’m glad that I own this. I’m glad that I’m able to move and be, and go, and do as …

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December 9, 2015; Marc Faber: Precious Metals represent the Best Value Today

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “I can’t imagine any other period in history such as we had between 1980 and today where asset prices have gone up to the same extent, assets such as art, stocks, bonds, homes – everything is much more expensive than it was 20-30 years …

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December 2, 2015; Your Questions Answered 2015 – Part 2

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   Confidence is a very frail thing. Everything can be clicking and working and happy. One single variable can up-end everything. And it is this issue of confidence and stability – we assume that everything is fine, but it doesn’t take much to completely recalibrate …

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November 25, 2015; Your Questions Answered 2015 – Part 1

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “If you’re not asking questions then you have to reflect and say, ‘Am I feeding that curiosity which ends up driving where I go in my educational pursuits?’ And I look at these questions and I see an entire cadre of people who are …

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November 18, 2015; Tragedy in Paris & Our Crucial Response

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “We know what the record is. We know what the record of success is in terms of big government stepping in to solve any problems. And so, I think if we are going to see a successful resolution to the crisis in Paris, and whatever …

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November 11, 2015; Fed’s Next Interest Rate Move, Deadly Decoy?

The McAlvany Weekly Comment with David McAlvany and Kevin Orrick   “How much of a deficit is there? What does it add to the present debt levels? Federal bureaucracy is given a free pass on this issue, and there is no accountability. And it has to do with how they account for their liabilities. Again, …

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November 4, 2015; Budget Deal Portends Rampant Election Year Spending

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “There is going to be a period of time when value emerges, and value is obvious. And in that particular timeframe, however you have denominated your money, whether it is in ounces of gold or silver, or actual greenbacks, or some other foreign currency, …

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October 28, 2015; Zimbabwe Hyperinflation: “How We Survived”

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “For me, my future hope and prayer for Zimbabwe is complete and utter reconciliation. No matter what anybody does to me, I’m not going to allow reactions of someone else to determine how I live my life. My mission is reconciliation to all, to …

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October 21, 2015; Harold James: Trans-Pacific Partnership Yes or No?

The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick   “It’s very, very clear, often, who is going to lose from trade agreements, investment agreements. It is less clear who is going to benefit because the beneficiaries will only emerge in the course of the future and they don’t know yet that they are …

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