Deflation: Making Sure It Doesn’t Happen Here

November 8, 2011
Hosted by Jay Taylor

[Download MP3s: Hour 1: Deflation: Making Sure It Doesn’t Happen Here Hour 2: Deflation: Making Sure It Doesn’t Happen Here] [itunes] [Bookmark Episode]

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Episode Description

Mish Shedlock returns to update us on his deflation views. In 2002 after the Greenspan-induced dot com bubble collapsed, many worried that the U.S. could suffer a Japanese style deflation. That’s when Ben Bernanke wrote a paper titled “Deflation: Making Sure It Doesn’t Happen Here.” He reasoned that massive amounts of money creation helicoptered over American would avoid deflation. Nine years and trillions of dollars later, factoring in actual inflation, we still have virtually zero real economic growth. Unemployment remains high and interest rates are suggesting future deflation. Has Bernanke been successful in avoiding deflation or is he digging an even deeper deflationary hole? We’ll ask Mish Shedlock. As the real price of gold continues to climb we are in the bull market of a lifetime. Joining us to help us capitalize on this gold bull market of a lifetime will be Marcy Kiesman of Atocha Resources, Gregory Beischer of Millrock Resources and Ingrid Hibbard of Pelangio Exploration.

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.

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Jay Taylor

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.

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