Will Gold Save China When Its Credit System Crashes?

May 30, 2017
Hosted by Jay Taylor

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Episode Description

Ian Klassen appears for the first time. Dan Oliver and Michael Oliver return. China is expanding its monetary system even faster than the Fed and other western central banks. But China has been amassing huge amounts of physical gold while the West continues in its disdain and blissful ignorance regarding the nature of money. A systemic collapse of China’s monetary system is not in question. The question is when will it take place? And when it does, will a new more viable system gold-backed monetary system emerge that is used by China, Russia and other New Silk Road trading partners? What might that mean for the dollar-denominated gold price and for the gold mining shares? Those and more questions will be posed to Dan. Ian will talk about GMV Minerals and the progress it is making in outlining a sizable gold deposit in Mexico that investors appear to be oblivious to and Michael will as always provide his valuable updates on the gold and other key markets.

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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