Playing Three Card Monte With President Biden
October 12, 2021
Hosted by Jay Taylor
[Download MP3] [itunes] [Bookmark Episode]
John Rubino, Michael Oliver and Dr. Quinton Hennigh return. David Stockman had a last minute conflict with the timing of his interview with us, so John Rubino will be replacing him on today’s program, but we will ask for John’s comments on David Stockman’s article. Don’t believe your eyes! The U.S. border is closed. America’s exit from Afghanistan has made America safer. The $3.5 trillion stimulus program will cost nothing. The Federal Reserve can simply create dollars from computer keystrokes! David recently wrote an article titled “Washington Idiots at Work.” He suggested low IQs of elected officials in Washington are to blame for America’s obviously economic decline. There is reason to believe that policies put into effect like those at the border, or the Afghanistan withdrawal, or the $5+ trillion zero cost “social infrastructure” bill proposed by the Biden Administration, are a scam no less than a game of Three Card Monte on the streets of New York City. Regardless of whether policies leading to the social and economic decline of America are intentional, like that of a Three Card Monte game, or as David suggests, a product of dim-witted elected officials, the results are the same. Michael will objectively share with us how his structural and momentum analysis is grading key financial markets and Quinton will update us what is an emerging high-grade, large-scale alkaline gold project being moved forward by Lion One Metals.
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 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.