The Greatest Crisis in the History of Mankind is here!
January 19, 2016
Hosted by Jay Taylor
Michael Maloney & Michael Oliver return this week. Recently Michael Maloney had a video with Harry Dent to discuss the state of the U.S. and global economy and they concluded that just like the Great Depression, Americans could find the value of their stocks, homes and even savings accounts wiped out. Is Maloney engaging in anti-establishment talk for the purpose of book and precious metals sales or is there an element of reality behind all this? Michael will be asked to defend his bold and cataclysmic viewpoint and address his very strongly held view that we are still in the early stages of a major deflationary environment. Mr. Dent is calling for $600 gold. As a precious metals' salesman, what does Michael think about the prospects for $600 gold? It’s always good to check the fundamental views of an analyst like Mr. Maloney by listening to the language of markets and Michael Oliver will help us do that in the precious metals markets, equity, debt, and commodity markets as well.
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.