H L Quist - The Myth Buster

OUR INCIVILITY WILL DESTROY OUR CIVILIZATION. DESCRIPTION: Our FEATURE today focuses on the aftermath of the mid-term elections and what may lie ahead. The projected "Blue Wave" turned out to be a trickle. In 1994 under Bill Clinton 54 House seats were flipped to Republicans. In 2010 when Obama was president 64 House seats were flipped. In contrast this year only 30 GOP seats were flipped. More importantly the Democrats have a major split in their own party. The far left has 2 major goals: 1. Neo-Puritanism-sweep middle-aged white males out of positions of power and 2. Demand free healthcare, free college tuition, corporate board representation and minimum stipend for all citizens. A major leftist revolution is taking place in America. Other topics include: Investors fret profits are peaking, Apple loses 20% of its' one trillion market cap, All indices face possible double tops and double bottoms, US dollar soars and commodities tank, California's Paradise Lost. FHA faces massive losses on Reverse Mortgages,

Our FEATURE today focuses on a new IRS program titled a Qualified Opportunity Zone which can eliminate capital gains taxes on any investment you have already sold or will sell if you invest these funds in a QOF within 180 days. For investors that hold their QOF interest for a period of 10 years there will be no taxes due upon their sale of the QOF property. A QOF interest can be sold after 5 or 7 years with an adjustment in the taxable gain. It is important to note that an investors funds can be a result of any capital assets and not restricted to a sale of real estate. You can get more details by going to: eig.org/opportunityzones. Other topics include: Wages Rise as Hiring Accelerates, The Inflation Jeannie makes her presence felt at grocery stores and restaurants, "Skeptics Ignore Buy the Dip Cry", Apple wants to hide cogent facts, Troubled GE Hits New Low, The market will yawn at a Dem win of the House, Jim Rogers says, "The coming bear market will be the worst of my lifetime" and China manipulates the Yu

Our FEATURE today focuses on the dilemma faced today by most equity investors and market observers. Will this correction that is close to 10% in all the major indices continue its' decline? What are the chances that there will be a major bear market? A recession? The Myth Buster has written 2 books on BOOM & BUST CYCLES and has taught classes on this topic for over 20 years and researched the topic extensively. He has also forecast all the major market sell offs and recessions since 1987. This is a perfect time for the listener to get this history in focus. Other topics included are: The parabolic highs of 2018, The market myths debunked, Q3 GDP,  Trump hammers Jay Powell at the Fed, Wells Fargo still doesn't get it, The Caravan phenomena and Grand Theft at the Post Office. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without

Our FEATURE today focuses on the prospect that the Chinese government may be planning a major retaliation to President Trump's imposition of tariffs on their exports. One, they are permitting their currency (yuan) to devalue vs the US dollar making their exports cheaper. Two, they are in a position to prohibit the merger of Disney and Fox which will curtail 40% of their movie box office receipts.Three, they could kick Apple, Inc out of China which accounts for 18% of I Phone sales and Four, demand that General Motors end all production of its' cars in the country. These options may seem absurd to many but given China's action in the past re other US companies this type of action is possible. Its' impact on employment in the US is a major factor. Other topics include: The contradiction and dilemma of US investors, Greed, Hope & Fear, Good, Bad and Ugly, Bad day at Blackrock, Consumer prices rise, Pump prices stay high, The 200 day moving average is breached, Euro banks are buying GOLD, Real estate is suffe

Our FEATURE today focuses on the major stock market sell-off that occurred last week. The "soothsayers" on Wall St were quick to respond as they always do: "You're in the market for the long term ; Don't try to time the market; Don't sell!; It's a buying opportunity ", etc. This mantra may be appropriate for those under age 60 who may live long enough for their assets to recover but what about those of us who in all probability may not live to see the market recover and will need to withdraw funds from our account to live on and for emergencies? We have suggested over the past several weeks that it was time "to take some money off the table in event the sell-off would continue". We hope that you did so. We discuss what could lie ahead and the factors that would support the continuation of the bull market and what could cause a bear market. Other topics include: The sudden increase in the gold  price could signal the end of the cycle in financial assets and the beginning of hard assets, The US dollar corr

Our FEATURE today focuses on the lifeblood of the US economy-the Federal Reserve Monetary Policy. The perception to most citizens is that the Fed is moving from a policy of Quantitative Easing to one of Quantitative Tightening which is resulting in higher interest rates. NOT as simple as that says Matt Klein in a feature article in the October 1st issue of Barron's Magazine. He says that the Fed has raised rates 2 points since the end of 2015 whereas The Bank of International Settlements (all the world's banks central bank) says that it has already tightened policy by the equivalent of 5.1 points since the "shadow rate trough"in May 2014. To add to the confusion Klein says that US corporate borrowing costs have plunged during the past 2 years which has fueled the stock market boom and Fed Reserve Gov Ms Lael Brainard says the Fed now needs to "tighten a lot more" to get the results the officials want. The question is, what does the Fed want? Other topics include:  The "Generals" take a big hit, Tech shar

Our FEATURE today focuses upon one of the most gut-wrenching and hysterical moments in American history-The Supreme Court Appointment of Judge Bret Kavanaugh. Most listeners would never correlate this critical event with the 17th Century Salem, Massachusetts witch trials and George Orwell's novel 1984 but you'll be somewhat dumbfounded by our insight and observations. The hysteria and assumption of guilt in Salem which resulted in the hanging of many young women is an extreme example of the misapplication of justice but serves to demonstrate how hysteria can override reason. Orwell's Big Brother is the epitome of the Deep State which is the totalitarianism that Orwell feared would control the world's proletariat. You be the judge. Other topics include: A review of Jason Chaffetz' book "The Deep State", The record levels of US Equity Markets at Q3, 50 million accounts hacked at Facebook, Apple proves again it is rotten at its' core, Italy enters  the EU's twilight zone, Jerry Brown steals $331 million hom

Our FEATURE today focuses on the coming financial crisis we discussed last week and the new evidence just received that overwhelmingly supports this theory. Specifically, Daniel Arbess stated that "A debt crisis takes place when markets underwrite and buy too much bad debt". The title of an article in the Sept 19th edition of the Wall St Journal is "OFFERING SHOWS APPETITE FOR RISKIER DEBT". Blackstone Group raised $13.5 Billion in financing to acquire a 55% stake in Thomson-Rueters unit which is one of the largest  sales of speculative debt. The authors go on to say that this financing is "reminiscent of deals seen in 2006 and 2007". The debt is rated B-. We also discussed the corp stock buy backs and how this $ 1 trillion in cash has provided a massive boost to share prices. Regulators announced this week that there will be a "FREEZE" on buy backs beginning October 5th. A sure sign that some officials are concerned about market imbalances. Other topics include: The "Lend & Pretend" Puerto Rico bond

NOTE:  Potpourri - due to technical difficulties was dropped from the podcast. It will return next week. Our FEATURE today focuses on an Opinion Page piece in the Wall St Journal dated Sept 15th by Daniel Arbess who is the CEO of Xerion Investments, a hedge fund. The timing for such a meaningful forecast is the 10th anniversary of the Lehman Bros debacle and Arbess believes that the fix for the collapse was to pile on more debt and lower credit quality. He cites a report that says that 40% of all US company's debt is rated one notch above "junk". Barron's reports that US equity markets have increased 337% to $27.8 Trillion in the past 10 years fueled by the creation of this massive amount of debt.This combination of factors create an almost perfect scenario for a major market sell-off especially when investor complacency is at a critical high. Other topics include: US budget deficit will hit one trillion by Sept 30th, Corp buy-backs will hit $1 trillion this year, 10 year T Note reaches 3%, Oil prices

Our FEATURE today focuses on the urgent need for anyone that has significant assets to explore different sources that would shield their assets from significant market losses. We discussed last week specific geopolitical and financial events that could create a market shift from the positive bullish outlook to a negative bearish one. Namely, Distributed Ledger Technology, the Digital US Dollar and the G-20 Bail-In Bank Plan. It's imperative that the listener search for "Ellen Brown the G-20 Cyprus Bank Bail-In Plan" as an informed and reliable source to understand the gravity of the plan to use customer bank funds for any future bail out of all banks worldwide. A plan that most all US citizens are totally unaware of. We explore a number of options with you to avoid this potential confiscation of your funds. Other topics include: The continuation of the positive market dynamics, How the Financial Crisis changed home buying forever, Gold has reached its' lowest futures contract position ever, Elon Musk sips whi

Special Labor Day Edition--Connecting the Dots!   Our FEATURE today connects the dots between John McCain's "Maverick" approach to do what was best for all American's interests and the irreconcilable goals of the Globalist New World Order (NWO) he was obliged to serve. The New American Magazine(NA) called McCain "the most aggressive Neo- Con Globalist in the Senate" Additionally the NA quoted McCain as saying, He was "outraged that citizens of the European Union(EU) would want a return of their sovereignty and self government and anyone who opposes the NWO and Big Government is a radical" . What he failed to mention of course is that the EU is controlled by unelected and non-accountable elitists. Given this backdrop we tie in 3 major changes that have been designed by these same Globalists that will dramatically change our financial markets as early as 2018. They are: 1. Distributed Ledger Technology (Currency Substitute) 2. Digital Dollar using Blockchain technology) 3. The G-20's Plan for the "Bail In

Our FEATURE today focuses on the US economy and signals a major change in the dynamics that will present problems as well as opportunities going forward. For the past 10 years the Federal Reserve has been developing various strategies to increase inflation to a goal of 2% per year. Economists generally now agree that consumer prices have now reached 2.9% on a year over year basis. The Fed's strategy has now switched to making certain that inflation does not get out of control. Jaime Dimon, CEO of JP Morgan Chase was quoted as saying,"You better be prepared to deal with rates 5% or higher". Increased interest rates in the US have led to a very strong US dollar which is creating problematic consequences all over the world. A "Minsky Moment" may be at hand. Other topics include: Turkey's lira implodes, "Bankruptcy is Surging for Older Americans", US Federal judge approves seizure of Venezuela's Citgo Petroleum, Crystallex Mining wins back its' mining rights, Face Book asks banks for our personal financial data,

Our FEATURE today focuses on the world's most valuable company,  Apple,Inc. and raises a number of issues that few if any analysts have considered that may be a factor in the Company's spectacular growth. One, the Company unapologetically acknowledges that it's financially more advantageous to steal another company's technology or infringe upon it than pay for it. Secondly, By not paying license fees to an inventor, Apple,Inc. substantially increases its' margin of profit and bottom line. In the past we've explored Apple's role in forming the American Invents Act and the Patent Trial & Appeal Board which has allowed them and other tech giants to control the US patent process to  the detriment and loss to thousands of companies, their principals, investors and inventors. Please view "INVALIDATED" at GOOGLE or Amazon. Other topics include: S&P 500 earnings expected to rise 24% in Q2, Inflation and wage growth exceed 2.5%, US Treasury will borrow $329 B in Q3, AT&T asks retirees to return p

Our FEATURE today focuses on two key events that will certainly impact Silicon Valley in the near future. One, the Federal Trade Commission (FTC) will begin holding a series of public hearings beginning this fall titled "Hearings on Competition & Consumer Protection in the 21st Century". Secondly, the US Supreme Court (SCOTUS) has ruled that an Administrative Law Judge's (ALJ) ruling is unconstitutional which should apply to all ALJ decisions including the Patent Trial & Appeal Board. This could favorably impact about several thousands of inventors, companies and investors whose patents were CANCELLED by the PTAB after they had been approved by the US Patent & Trade Office. Other topics include: Trump's Tariff Tango, The trouble ahead for the Chinese economy, "Boom Draws Workers Back", "Fed Helps Big Banks", John McCain's true color paints a dastardly portrait, The prize for leaking, What is "mobbing"? and The Left just lost a big court case. "Disclaimer: This commentary is provided for informati

Our FEATURE today focuses on a startling forecast by an established economist who calls for a major crash in the stock & real estate markets this year. Bauman cites an ex Citigroup banker who blew the whistle in 2007 on the banks over leveraged bets in the toxic debt who now states that it is about to happen again. Historical events, legislation and present market conditions lend credibility to his analysis. Bauman says there will be a hearing in Washington on August 1st to restore sections of the Glass Steagal Act that will again separate banks commercial & investment activities. This explosive market gain in the DOW of over 10,000 points can be attributed to over $5 trillion dollars that has been invested by banks during this 4 year period. Other topics include: "Long Dormant Inflation Heats Up", "Tech Stocks Shine In Rocky Quarter", Oil soars, Yuan crashes vs the US dollar, Deutsche Bank falls from grace, Lake Mead 2' from water crisis, The circle of corruption continues, The Supremes will someday

Our FEATURE today focuses on the hateful and alarming statements and actions by extremists that intend to change government policy by intimidation and fear. Peter Fonda, a former movie star and brother to Hanoi Jane Fonda texted this message ostensibly alluding to the separation of children from their mothers;"Baron Trump should be ripped from his mother's arms and locked in a cage with pedophiles". Antifa (Anti-Fascist gang) harassed the Secretary of Homeland Security in a public restaurant and at her home and published the names and pictures of Border Patrol members in order to direct hostility towards them and their families. We also examine a summary of Michael Horowitz' Inspector's General Report on the Mueller and Hillary Clinton Investigations which were substantially whitewashed by the mainstream media. Much of the information the public and investigators have received are " fruit from a poisoned tree". Other topics include: Fed's Tightening Has Investors On Edge, Banks Vie Over Deposits, Strong evide

Our FEATURE today focuses on a booming economy that has surprised pundits and investors of all stripes. A sure sign (historically) that the economy may be "frothy" is the surge in Merger & Acquisition (M&A) & Leverage Buyout Activity (LBO). The Wall St Journal reports that there's a trillion dollar cash trove ready to invest. What the public doesn't realize is that these intermediaries earn outrageous fees and have little or no risk if the mergers don't work out and fail. The "urge to merge" activity is the largest since 2007 which marked the market top prior to the crash of 2008. One key issue that could become a major determining factor in the US and global economy is the threat of tariffs. Other topics include: The weekly drop in the DOW-a sign?, Gold plunges, A commodity surge in 2018?, The Bond market conundrum, The Fed's strategy, Car tracking, The  greatest white collar crime of all time-Guess who? & Punch drunk DeNiro. "Disclaimer: This commentary is provided for informational an

Our FEATURE today is a continuation of our expose' of the misdeeds & mistakes of Apple, Inc that could lead to significant financial losses  and reputation for the company. Our principal source is two reports that appeared in the June 6th edition of the Wall St Journal namely, " Focus On Swatting Bugs" & "Apple Fires Shots Across Facebook's Bow". These reveal the technical glitches and the overly aggressive marketing the company is experiencing. Apple, Inc now has earned the moniker as the "most sued company" as its' unethical behavior has resulted in billions of dollars in judgements for infringement on other company's patents. We discuss a number of these cases here. Other topics include: Breakout from the ascending triangle, Nasdaq reaches new high, The Inflation Jeanne becomes in-bedded in the economy, (Our call was right on), US has more jobs available than workers!, US dollar re-boot by 8/1?, Gold at $10,000/oz?, Social Security outlay now exceeds income, Medicare insolvent by 2026, The mos

Our FEATURE today discusses the remarkable growth in jobs and wages over the past year. Almost everyone sees and hears the headline news but digging deeper portends an even more compelling case for what's ahead for the US economy. For example: Average hourly wages were up 2.7% Year over Year, joblessness amongst Blacks and Latinos are near record lows and women's unemployment is the lowest since 1953. In contrast events in southern Europe are becoming desperate. Italy has a political and economic crisis which could result in their withdraw from the European Union. Spain has 17% unemployment and their Prime Minister has just been removed from office. Questions are, will there be contagion in all of Europe? Will events there impact the US economy? We suggest that evidence indicates that things are not as stable as the politicians and the media would like us to believe. Other topics are: Safe Haven bonds reflect global pain, What is the "doom Loop" ?, Gasoline scams taking all of us for a ride, G-20 Conference J

Our FEATURE today focuses upon perhaps one of the most contentious social and political events of our time. The Myth Buster, author of "Rediscovering America:Growing Up In The Forties", takes the listener back to the 40's and 50's to recall how teachers, administrators, coaches, parents and citizens all collaborated to make certain that all children knew right from wrong and would have a purpose driven life. Young readers of this historical memoir find it difficult to believe how our lives were shaped in this era. We specifically discuss what happened starting in the sixties that led to the chaos that we all experience today. Other topics include: The Stop & Go, Off & On Political & Economic Markets,  Banks and the Russell 2000 lead the equity markets, Why is the previously owned home market sagging?, Jerry Brown cashes in on Trump's Tax Reform, Shocking news re: Farmers, Paraprosdokian, "Secret Crossfire Hurricane" the FBI Plan to destroy Trump and Greg Stanton greases the skids. "Disclaim