Is the Bear Market in Precious Metals Over?
December 16, 2014
Hosted by Jay Taylor
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Guest Information
Episode Description
J. Michael Oliver and Chen Lin return. Oliver is a favorite technical analyst. He believes we may see $1,560 gold in 2015 if the $1,290 to $1,300 level can be reached and held during the first quarter of 2015. Michael’s proprietary structural and momentum tools led to exceptional calls of late, not the least of which was a bullish call on Chinese equities. He has some surprising views on various markets including oil, the yen and the euro that we will ask him about as well as his view of the major equity indexes and bonds. Chen Lin brings a more fundamental view of the various markets. Chen has turned cautiously bullish on gold believing the 3-year-long cyclical bear within a secular bull may now be over and he recognizes some cost benefits to mining companies may help turn those investments positive in 2015. We will ask Chen for some of his favorite stock picks and your host will present some of his own “moon shot” candidates for 2015 in the gold and silver mining sector.
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.