Jason Burack of Wall St for Main St and independent financial journalist and managing editor of The News Doctors, Eric Dubin are back for Episode #23 of their Welcome to Dystopia podcast show.
To start the show, Jason and Eric discuss the gold and silver markets an how the markets are in a trading range (held down) until the Brexit Vote is done later tonight/early tomorrow. http://www.zerohedge.com/news/2016-06-22...
Jason and Eric then discuss the Brexit situation more.
Jason then discusses the RMB's massive devaluations first against the Japanese Yen and the Euro then against the US Dollar and how Chinese savers are responding. Hint: they are buying physical gold and silver and also Bitcoin.
Next, Jason brings up other crazy current current events going on in the economy including:
1) Brazilian Telecom Giant Oi SA files Largest Private Sector Bankruptcy in Brazil's History http://www.zerohedge.com/news/2016-06-21/brazilian...
2) Brazil's state of Rio de Janiero just got a $850 million (US) bailout just weeks before the Olympics from Brazil's federal government http://www.kitv.com/story/32282237/rio...
3) TEPCO Admits Cover Up of Fukushima http://www.zerohedge.com/news/2016-06-21/tepco...
4) OPEC discusses the need for a regime change in Venezuela http://www.zerohedge.com/news/2016-06-21/opec...
Jason and Eric also discuss the oil market after the recent recovery in oil prices and if it's sustainable? http://www.telegraph.co.uk/business/2016/06...
Scumbag Nominees:
1) Elon Musk for bailing out his cousins running Solar City with Tesla shareholder's ~$2.9 billion in capital http://www.cnbc.com/2016/06/22/chanos-bail-out...
2) George Soros & Rothschild for trying to scare people into not voting for Brexit http://www.zerohedge.com/news/2016-06-20...
3) Jean-Claude Juncker, European Council President for hating people voting for Brexit and anyone who disagrees with this powerful bureaucrat http://www.zerohedge.com/news/2016-06-21/juncker...
4) The European Union bureaucrats for suggesting robots should already get electronic persons rights in the EU and also pay taxes http://www.zerohedge.com/news/2016-06-22...
https://www.yahoo.com/news/europes-robots...
5) Scumbag Remover Dr. Kelli Ward going after Senator John McCain: http://thenewsdoctors.com/senator-john-mccain...
