Podcast: Interview With Bill Murphy & David McAlvany

Show Highlights:

  • David McAlvany, CEO of the McAlvany Financial Companies, returns with his latest inspirational / motivational tome, The Intentional Legacy.
  • He outlines key insights he's gleaned via decades of guiding investors to financial success to improving one's intangible legacy.
  • By reverse-engineering our lives, David McAlvaney believes virtually everyone can attain a more fulfilling state through nurturing / fostering relationships.
  • His proposed outcome enhances the net worth of merely a solid bank account.
  • It's proposed that the exponential advance in the PMs sector in 2011 should have resulted in a parabolic climb, but the PTB intentionally capped the price.
  • Adding to the appeal of PMs investments includes, geopolitical instability among key oil producing nations and shifting allegiances in emerging nations.
  • Given that the bull market in PMs is still intact, the end game has not yet played out - prices will soar to manic heights in just 3-5 years, by 2020-2022.
  • Pundits in the gold crowd concur, John Embry recently proposed that one of the few markets not experiencing manic conditions, the PMs sector, will eventually eclipse the competing asset classes as stocks, etc. return to the mean with more pragmatic valuation levels.
  • Bill Murphy of GATA.org and the host discuss the Bitcoin phenomenon and the implications to the precious metals sector.

  • As the high-flying digital currency approaches $3,000, Dr. Paul Craig Roberts and David Kranzler note how many markets are manic, except the precious metals

  • Bill Murphy cites the seemingly contrived paper short positions in the metals markets, potentially holding the yellow metal under $1,300.

  • The guest / host outline why the casino denizens may cash out their chips in search of safety in hard assets.

  • The world's largest gold producer / consumer, China is poised to consume at least 1,000 metric tons of gold this year alone, an increase of 50%.

  • The discussion includes a recently discovered treasure in the Netherlands; a fortune of Roman gold coins dating to 476 A.D.

  • The positive technical position of the PMs sector suggests an upside breakout is imminent in the coming weeks.

  • The move could potentially launch gold northward to $1,500 and silver $26 an ounce.

  • Just as the digital currency Ethereum has increased over 10 fold as Bitcoin tripled in value, silver gains could eclipse gold in the imminent advance.

Guest Biography
David McAlvany
McAlvany Wealth Management



David McAlvany is President and CEO of the McAlvany Financial Companies – International Collectors Associates, ICA Europe, and McAlvany Wealth Management – and is director of the Swiss Corporation, Global Gold. He is a featured speaker on international television and radio programs and at financial seminars around the world, analyzing major events and their impact on the global economy and financial markets. He can be heard weekly on his market commentary with world leaders, bankers, economists, and renowned investors at www.mcalvany.com .

David McAlvany is a graduate of Biola University and an associate member of Keble College, Oxford University, where he studied philosophy and political theory. He later volunteered as an analyst in Chile with The Institute for Liberty and Development – an organization dedicated to providing free market solutions throughout Latin America and the Third World. He went on to achieve honors as a top salesman with Southwestern Company, and gained extensive business expertise with Morgan Stanley, including with work with start-ups and business financing.

He has traveled extensively throughout Africa, Asia, South America, the Middle East, and Europe. His international research has given him a global perspective on financial, economic, political, geopolitical, cultural, and intelligence developments around the world. This perspective helps him avoid focusing too narrowly in his analysis of investment and risk in any give asset category.

David is a past board member of international firm The Warren Electric Group in Houston, Texas. He also assisted in fund raising with Hugh O’Brien’s HOBY National Youth Leadership program and is presently on the investment advisory board for the Ft. Lewis College Foundation where he shares responsibility for all endowment assets.

As an avid reader on many subjects including finance, economics, and philosophy, David facilitates a business related monthly book discussion with the McAlvany Financial Group. His interests are varied, but he has a keen passion for cycling and mountaineering. He spends his free time with his wife, and their children skiing, hiking, and enjoying the mountains of Colorado.

Please visit my web site.

Guest Biography
Bill Murphy
GATA.org


Bill Murphy, GATA Chairman
Murphy grew up in Glen Ridge, N.J., and graduated from the School of Hotel Administration at Cornell University in 1968. In his senior year he broke all the Ivy League single-year pass-receving records. He then became a starting wide receiver for the Boston Patriots of the American Football League. He went on to work for various Wall Street brokerage firms and specialized in commodity futures. He began as a Merrill Lynch trainee and went on to Shearson Hayden Stone and Drexel Burnham. From there he became affiliated with introducing brokers and eventually started his own brokerage on 5th Avenue in New York. He now operates an Internet site for financial commentary, www.lemetropolecafe.com.

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