“Cataclysmic Nation Changing Event – A ‘Progress’ Report from Dr. Robert McHugh”
September 22, 2009
Hosted by Jay Taylor
On April 27, Dr. McHugh warned our listeners his Elliott Wave work and a number of other technical tools suggest very strongly that the U. S. is heading toward another epic stock market decline that is likely to be much more significant than the one last autumn. He sees the potential for the next decline to alter global history and to take America into another depression much more severe than that of the 1930s. Dr. McHugh also sees a possibility that the stock market lows of 2009 could hold. This would be the best possible event. However, even then the Dow would remain range-bound between the mid 6,000s and 11,000 for five or more years to come. Living standards would decline. Dr. McHugh had set September 21 as a most likely “turn date” for the market. This discussion will be recorded on Friday, September 18, at which time we will revisit Dr. McHugh’s views on America’s future and how you can best protect yourself against the difficult times that lie ahead.
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.