Monetary Climate Change and Gold
June 29, 2021
Hosted by Jay Taylor
[Download MP3] [itunes] [Bookmark Episode]
Guest Information
Episode Description
Ronald-Peter Stöferle & Dr. Quinton Hennigh return. The "Fourth Turning" written in 1997 predicted that during the mid 2000’s, major social, economic and political changes would occur in the U.S. The 2008-09 financial crisis followed by the election of Barak Obama has indeed marked America’s 4th Fourth Turning. Fourth turnings always bring major social and political changes. And so we now see BLM & Antifa clamor for Marxist rule and many, if not most Democrats and the intelligence community, seem to be in sympathy with those aspirations. Lenin said that the best way to destroy the capitalist system is through currency debasement because by so doing, governments can confiscate wealth, secretly and unobserved, from an important part of its citizenry. Whether these forces destroy all that 1776 bequeathed to Americans, only our Creator knows for sure. But if currency debasement is the best way to destroy capitalism, America is well on its way toward that end. From the 2021 edition of “In Gold We Trust,” co-author Ronald Peter Stöferle will explain why he believes the U.S. has reached a tipping point where inflationary forces have begun to dominate. But the one thing that remains unchanged and secure as long as this world endures is the purchasing power of gold, thus, the need to own it and shares in the companies that produce it in times like these. Quinton will join to talk about the progress on Eskay Mining’s gold-rich, poly-metallic deposit in B.C.
Turning Hard Times into Good Times
Tuesday at 12 Noon Pacific Time on VoiceAmerica Business Channel
Jay Taylor’s show will explain the real underlying causes for plunging stock prices, plunging home prices and growing unemployment. By correctly diagnosing the cause of America’s economic decline, rather than listening to excuses from Wall Street and Washington, Jay will offer winning investment ideas to protect and increase wealth.
Topics to be discussed will include the cause of the decline of: our monetary system and our economy, the housing markets, the equity markets, and commodities, Why gold and silver are rising in value and how investors can profit from the direction of these markets through specific stocks, ETF’s and precious metals will also be discussed. Turning Hard Times into Good Times is broadcast live every Tuesday at 12 Noon Pacific Time on the VoiceAmerica Business Channel.
Jay Taylor
Jay Taylor has been able to more than double his newsletter’s model portfolio from 2000 to the present even as the S&P 500 was in the process of losing 50% of its value!
The insights provided to Jay came from a history professor in 1967 who advised Jay that when countries go off a gold or silver standard, hard economic times are sure to follow because nations begin to think they do not need to work hard and save to enjoy a better life. Indeed there is no free lunch and a gold standard reminds people of that every day.
Jay watched his professor’s prophetic words come true when in 1971, President Nixon completely detached the dollar from gold. Not surprising to Jay, the price of gold skyrocketed in the late 1970s as inflation wiped out vast amounts of wealth from average Americans. To protect his own wealth Jay began to invest in gold and gold mining shares and in 1981 he began sharing his success and insights in his newsletter. In 1981 Jay began writing a subscription newsletter that has earned his subscribers countless thousands of dollars over the years.
Jay’s insights as to the real cause of our problems has enabled him to find investment strategies that work. Diagnose a problem correctly and you have a chance for success. Diagnose a problem incorrectly as the establishment does and you are sure to fail.