Dave Kranzler: Gold Smuggling In India Is Enormous

Apr. 22, 2014 10:06 PM ETGOLD, NEM, AAU, GLD, GM, XHB

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http://www.wallstformainst.com/

Seeking Alpha Analyst Since 2010

Investor, Entrepreneur, Financial Historian, Austrian School Economist, Investment Analyst, and Contrarian. Co-founded the investor education, financial education and consulting company, Wall St for Main St, LLC in 2009. I've taught beginners how to invest and also consulted for high net worth individuals worth 6-8 figures helping teach them how markets are changing. Became interested in the stock market and investing after the 2008 crash. Woke up then started taking back control of my financial freedom. I've read over 100 books on investing, entrepreneurship, etc and also increased my financial education through thousands of articles, thousands of podcasts and over 100 documentaries. Over 10,000 hours of market research. I more than tripled my investing capital while I learned how to invest and I've made 10 times my money on some stocks in my young career. Double major in history and political science from Virginia Tech. Law school and MBA program drop out. Learned investing after college without having to unlearn Keynesian Economics and other bad academic theories that don't work in the real world. I've also interviewed and argued with hundreds of big name investors like Jim Rogers, Dr. Marc Faber, Rick Rule, Ross Beaty, Doug Casey, Vitaliy Katsenelson, David McAlvany, Todd Harrison, etc on Wall St for Main St podcasts. I've worked in the past as an IAR/RIA (fancy name for a stock broker) at a very large retail firm and as a full time investment analyst at a well known paid newsletter company for retail investors for my day job.

Former Wall St bond trader, real estate market expert and gold fund manager Dave Kranzler of Investment Research Dynamics http://investmentresearchdynamics.com/ was back on for another in depth podcast!

During this 40+ minute interview, Jason Burack of Wall St for Main St asks Dave about the real estate market and if it's still "recovering."

Dave talks about what's preventing the real estate market from having a real recover. Dave talks about the US Consumer and why many younger millennials cannot afford their first home.

Next, Jason asks Dave if the US economy is really recovering and Dave talks about auto sales and he thinks the US consumer has peaked because wages are not rising so no discretionary spending.

Dave talks about General Motors (GM) and some of its problems.

Finally, Jason asks Dave about the supply/demand situation for gold and silver and why Wall St analysts do not properly cover accurate physical demand statistics out of China?

Dave reveals some juicy tidbits about the gold market including how there's evidence that Wall St smuggled a HUGE amount of gold from GLD into India to make huge premiums and fast money and that the amount of gold smuggling in India over the last 4 months was more than in the last 10 years prior to the Indian government doing stupid legislation!

To wrap up the interview, Dave talks about gold miners, why bigger miners are not normally better and gives our listeners some interesting stock picks! Enjoy!

Please visit the Wall St for Main St website here http://www.wallstformainst.com/
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Link to podcast: youtu.be/oL9kvxx3TTo

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