Hour 1 - 3

 Hour 1 -- Peter Schiff (Economist, Financial Broker/Dealer, Author) comes on the show to discuss the stock market crash. To contact Euro Pacific Capital, call 1-800-727-7922

 Hour 2 -- David Johnston (DApps Fund, Factom) on the recent bitcoin blockchain fork

 Hour 3 -- Paul Snow (Factom, Texas BTC Conference) on the blockchain fork

CALL IN TO SHOW: 602-264-2800

 

August 25th, 2015

Declare Your Independence with Ernest Hancock

on LRN.FM / Monday - Friday

9 a.m. - Noon (EST)

Studio Line: 602-264-2800 

 

Hour 1

2015-08-25 Hour 1 Peter Schiff from Ernest Hancock on Vimeo.

Peter Schiff

Peter David Schiff (born March 23, 1963) is an American economist, author, commentator and popular video blogger. Schiff, a licensed stock broker, is the president and CEO of Euro Pacific Capital, headquartered in Westport, Connecticut

Webpages:

http://www.europac.com/

http://schiffgold.com/

http://peterschiffblog.blogspot.com/

https://www.youtube.com/user/SchiffReport

https://twitter.com/PeterSchiff

https://www.facebook.com/PeterSchiff?fref=ts

To contact Euro Pacific Capital, call 1-800-727-7922

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Peter Schiff on U.S. Dollar Crisis: "The Dollar Bubble Is Going to Burst"

Peter Schiff, economist, best-selling author, and CEO of Euro Pacific Capital, believes a U.S. dollar crisis is underway.

"The dollar is very overvalued…and the dollar is a bubble," he told Newsmax Prime on Aug. 11. "This dollar bubble is going to burst."

Indeed, less than two weeks after Schiff's interview, the U.S. dollar index, which measures the greenback against a basket of currencies, has retreated 2.1% to 93.063 for a fourth-straight loss.

And U.S. markets are getting rocked with a major sell-off – last week finished out as the worst for stocks in four years…

On Friday, Aug. 21 (the last full trading session), the Dow Jones Industrial Average closed down 6.2% for a total 10.1% loss since its May peak. The S&P 500 has dropped 7.5% from its May 21 record close.

The sell-off continued today (Monday). Within minutes of the first trades, the DJIA plunged 1,000 points. Stocks quickly recovered – an hour into trading, the Dow was down about 450 points, still on track for a major loss. Futures for the CBOE Volatility Index (or VIX) – a "fear gauge" index – surged 26% in early trade, above 25% for the first time since June 15, 2012. VIX futures have soared 44% over the last four sessions of last week.

Many blame the surprise China yuan devaluation for the sell-off.

"When you look at the immediate import [the yuan devaluation] had on currencies – you get a sense as to why people are very, very frustrated with China," Jon Huntsman, former U.S. ambassador to China, told CNN on Aug. 16. [Editor's Note: For a full explanation of the Chinese currency devaluation and its effect on the dollar, click here…]

But Schiff has a completely different take.

He believes investors should be worried about the United States, not China…

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http://www.europac.com/taxed_by_debt

To receive Peter Schiff's "Taxed By Debt," please CLICK HERE and enter your information and the brand new 30-page report will be sent to you via e-mail.

Hour 2

Hour 2

2015-08-25 Hour 2 David Johnston from Ernest Hancock on Vimeo.

David Johnston

Managing Director DApps Fund

Board Member - Factom

Webpage: http://www.dappsfund.com/

TOPIC: Bitcoin Blockchain Fork

 

Hour 3

Hour 3

2015-08-25 Hour 3 Paul Snow from Ernest Hancock on Vimeo.

Paul Snow

CEO of Factom, and Chairman of the Texas Bitcoin conference

Webpages:

http://factom.org/

http://texasbitcoinconference.com/

TOPIC: Bitcoin Blockchain Fork