Focusing on World Class Gold & Silver Discoveries Underway
November 23, 2021
Hosted by Jay Taylor
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Dr. Quinton Hennigh and Michael Oliver return. Looks like Michael Oliver “nailed it” once again in his latest call to aggressively go long gold and gold shares as soon as gold were to register a weekly close above $1,825 anytime this quarter. As a technical analyst, Michael leaves the complex causes of why markets behave as they do to fundamentalists like Alasdair. Alasdair has explained that after Basel III banks will effectively no longer be able to hold derivatives like futures contracts and options without allocating additional capital to their balance sheet, which over time should lead to more accurate price discovery. This should be massively bullish for gold and silver because approximately 15,000 times more paper gold than physical gold is traded on the LBMA, and those contracts on balance have a very strong anti-gold bias. So as of January 3, 2022, those “anti- gold” derivatives will no longer be able to obscure price discovery for gold & silver bullion. That factor combined with a runaway inflation problem are two fundamental bullish forces underlying Michael’s most recent call which seems to be “spot on.” A little known fact to most investors is that gold and silver miners are the most profitable sector in the S&P 500, aside from financials. But the miners are rapidly depleting their reserves in the process and are in dire need of new deposits. To the rescue, comes Dr. Quinton Hennigh and other exploration geologists who are helping tiny Canadian companies find the next world class gold and silver deposits. Quinton Hennigh will talk about several small cap exploration companies that appear to be on their way toward major discoveries, such as Eloro Resources, Eskay Mining, Lion One Metals, and Novo Resources. Quinton will update listeners on the progress those companies are making as well as earlier stage developers that have similar world class exploration potential like Labrador Gold Corp., Firefox Gold and Hannan Metals. This episode, more than most, is geared toward helping listeners make money to help turning hard times into good times.
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.