Owning Ships & Gold to Beat Inflation
February 15, 2022
Hosted by Jay Taylor
[Download MP3] [itunes] [Bookmark Episode]
Frank Holmes, Dr. Quinton Hennigh and Michael Oliver are this week’s guests. Frank Holmes has long been known for his gold and natural resource funds, all of which are expected to be useful hedges against inflation. Not only have central bankers triggered massive inflation into the global economy but government policies have also contributed greatly to inflation. As always during inflationary episodes there are winners and losers from rising prices. Frank has identified a new industry that appears to be a likely winner that being the shipping industry. In an effort to ward off notions of climate disaster, laws passed have caused shipping prices to explode leading to massive profits in that industry. So Frank has launched a third ETF under the U.S. Global umbrella, namely the U.S. Global Sea to Sky Cargo ETF. Frank will explain his bullish views on shipping and given his long term involvement in gold markets he will share his views on that market as well. Quinton will join us to provide an update on Novo Resources. We will ask him how Novo will head toward profitable gold production following start up difficulties that have resulted in the company’s shares falling below US$1.00. Michael will provide his usual guidance on the direction of key markets. Are we gold bulls out of the woods yet or is there still more downside risk despite this being the greatest inflationary threat since the 1970s?
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.