Louis Cammarosano: Gold, Silver Miners Increasing Production Until Bankruptcy?

Published: Jan. 26, 2016, 6:22 p.m.

b'Jason Burack of Wall St for Main St had on first time guest, precious metals expert and founder of Smaulgld https://smaulgld.com/, Louis Cammarosano. His full bio is available here: https://smaulgld.com/about/ Louis has been a technology company CEO, a real estate investor, and he also worked in the financial industry for many years in London and on Wall St. In this 40+ minute interview, Jason asks Louis about the global economy and how close everything is to collapse? Louis thinks the US government and Wall St have financially engineered a collapse in oil price to prevent countries from leaving the Petro Dollar and to bring countries like Russia to its knees. Jason and Louis spend the rest of the interview talking about the gold and silver markets and about the miners. Louis says how gold, silver and oil producers will actually keep increasing production to try and delay bankruptcy but they are all close to hitting a wall. After the bankruptcies start to rapidly increase and supply problems ensue, there will be a corresponding price increase. Louis thinks silver is more likely to have a shortage than gold because so much of it is consumed in very small amounts by so many different industries.'