Bitcoin, Bonds or Gold? Which is the Best Safe Haven?

November 22, 2022
Hosted by Jay Taylor

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Guest Information

Episode Description

John Rubino, Michael Oliver and Michael Spreadborough return. The man known as “the Big Short,” Michael Burry, who became famous for foreseeing the 2008 mortgage crisis tweeted the following on November 15: “Long Thought that the time for gold would be when crypto scandals merge into contagion.” History shows that elite members of society who are worshiped as gods can be counted on to lead nations down the path of destruction. John Law of Mississippi Bubble fame comes to mind, but the man who has paved the broad road to destruction for the western world at this time in history is John Maynard Keynes who convinced intellectuals that gold is a useless barbaric relic. And so, for the first time in history, gold was abandoned as money in favor of fiat money which can and has been used as a clandestine vehicle for theft, and thus being used to rip people off in countless scams, the latest one being crypto currencies. Now that both the dollar and crypto currencies are on the road to ruin, a very wise independent thinker, Michael Burry, is suggesting it is time to trade crypto currencies and dollars in for gold which has survived as market selected money for thousands of years. Michael Oliver who has remained agnostic with regard to crypto but who understands gold as honest money will share his thoughts on those key markets and more. John Rubino will provide an autopsy for the Crypto environment and his view of markets as we head into the New Year. Michael Spreadborough will update us on the exploration programs being undertaken by Novo Resources.

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.

Episode Directory

January 2023

December 2022

November 2022

  • 11/29/2022: The U.S. Has Sold Out the American People Listen Now
  • 11/22/2022: Bitcoin, Bonds or Gold? Which is the Best Safe Haven? Listen Now
  • 11/15/2022: The Mechanics of Fiat Money Destruction Listen Now
  • 11/8/2022: Is the Fed Resolute in This Game of Chicken? Listen Now
  • 11/1/2022: New Bull Market for the Gold Sector: Soon Listen Now
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