No, Inflation Is Not Rolling Over
July 12, 2022
Hosted by Jay Taylor
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Guest Information
Episode Description
David Stockman and Nicholas Rodway return. Peter Krauth, author of “The Great Silver Bull,” visits for the first time. Much to the surprise of Western leaders, consumer inflation has reared its ugly head for the first time in a major way since the 1970s. At first, they wrote it off as transitory but that soon proved to be untrue. Now with a teeny weenie bit of credit tightening, stock and bond and commodity prices have fallen leading the same leaders to expect that inflation will soon be destroyed and we can return to a hyperinflated equity market that continues to make the top 1% even more absurdly rich while a growing number of the middle class slips into poverty. Regarding the idea of slaying inflation, David stays, “no, inflation is not rolling over. He will explain why the ruling elite will once again be disappointed and what ongoing inflation will mean for the markets. Regarding silver, a recent article declared that “retail investors have thrown in the towel on “poor man’s gold.” Peter will be asked his views on silver in light of an obvious capitulation on silver. Might this be exactly the right time to think about buying that very depressed investment and/or an equally depressed sector, that being the junior gold share sector? One small cap junior explorer that appears on the verge of making a major discovery this summer is Core Assets Corp. Nicholas will update us on that company’s very exciting summer exploration program in the Yukon.
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.
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