Alan Greenspan Suggests a Gold Standard. Ron Paul Agrees.
July 12, 2016
Hosted by Jay Taylor
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Guest Information
Episode Description
Dr. Ron Paul and Michael Oliver return for a second straight week. Alan Greenspan recently opined on Bloomberg that it would be good for the world to go back on a gold standard. Not surprisingly, Ron Paul voiced his approval with host Jay Taylor and also suggested that if the world wanted peace, a gold standard would be helpful in achieving that goal. Dr. Paul also opined on the buildup of gold in China and other Asian countries and how that may in fact give them a geopolitical edge over the U.S. and NATO. Oliver whose work suggests gold’s first serious resistance will not be felt until we reach the $1,475 to $1,540 range will explain why he remains bearish on stocks (but not gold stocks) and why an amazing turn in the decades long US T-Bond may be close at hand. Host Jay Taylor will comment on average triple-digit gains for his gold and silver mining stocks so far in 2016.
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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