Seeking Shelter from the Impending 2023 Recessionary Storm
December 20, 2022
Hosted by Jay Taylor
[Download MP3] [itunes] [Bookmark Episode]
Guest Information
Episode Description
Lyn Alden and Michael Oliver are this week’s guests. On December 11 Lyn published an extensive report to her paid subscribers titled “Defensive Assets Deep Dive Analysis.” In that report she provided her macroeconomic views as well and how the markets are likely to respond to them. She also addressed the impact of massive Zero Covid lockdown policies on Chinese and global markets and what an apparent reversal of those policies might mean on global commodity prices if, as expected, global economies stagnate in 2023. What are some of the investment sectors that Lyn thinks will help shelter wealth if we are heading into either the unlikely soft landing in 2023 or a sharp and fearful decline like that of 2008? Will owning gold help? What about cryptocurrencies? In light of the fraudulent FTX disaster and Lyn’s recent address at Princeton University’s DeCenter Inaugural Summit, we will ask her if some cryptocurrencies might be of help in protection in a financial storm. Michael will add his usual insights into key markets like the dollar, bonds, stocks, commodities, and precious metals. Your host may opine on his market views as well as a few of his favorite evolving world class gold and silver exploration stock picks as we look forward to 2023.
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.
Episode Directory
January 2023
December 2022
- 12/27/2022: Why Central Banks Will Choose Recession Over Inflation Listen Now
- 12/20/2022: Seeking Shelter from the Impending 2023 Recessionary Storm Listen Now
- 12/13/2022: Why Invest in Gold if the Dollar is Strong? Listen Now
- 12/6/2022: America’s Past and Future with Jeff Deist Listen Now
November 2022
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