The Monetary Path to Hell!
December 21, 2021
Hosted by Jay Taylor
[Download MP3] [itunes] [Bookmark Episode]
James Turk, Michael Oliver & Quinton Hennigh return. America’s Founding Fathers defined the dollar in terms of a set amount of gold and silver because they understood fiat money would enable politicians and private citizens to counterfeit money as a means of robbing honest, hardworking citizens and thereby deprive them of their natural rights to life, liberty and the pursuit of happiness. Fast forward to 2021, in a world of massive money manipulation by the Federal Reserve Bank, Americans are confined to their homes, mandated to be vaccinated, forced to wear masks, told when and with whom they can assemble, and told what they are allowed to say. Not only is our wealth being stolen through monetary inflation, which would be impossible had we kept gold and silver as money, but we are also losing life, liberty and the pursuit of happiness. James Turk who has understood the connection between dishonest fiat money and the road to hellish government tyranny has written about this subject in his newly published book titled “Money & Liberty: In the Pursuit of Happiness and The Theory of Natural Money.” We will ask James to explain how sound money is a precondition to a sound and fair meritocracy that enables people to be free to use their God given talents for an advanced equitable society. Michael will share the results of his latest momentum and structural analysis of gold and silver and other significant markets and Quinton will provide an update on Eskay Mining’s evolving precious metals rich VMS deposit in B.C. that is connected to the famous Eskay Creek mine.
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.