It seems as if everything we’ve worked for in Western civilization is crumbling, and I have Doug Casey on the show to talk about some of the economic catastrophes that have been unfolding. As time passes, we’re seeing more shortages, increased prices, and intensifying inflation. With the government putting out unreliable figures and doing the opposite of what should be done to resolve inflation, things seem to be headed downhill quickly.

-We’re seeing shortages, increasing prices, and inflation
-The figures the government is putting out are not completely reliable
-The collapse of Western civilization seems to be upon us
-In an advanced industrial society, supply chains are complex, and the people in charge are doing the opposite of what actually should be done
-International air travel is down 80%
-The world is tipping towards collectivism
-The digitization of the US dollar is also bringing large changes
-The government may opt to put out wage and price controls
-Who is going to collapse the old economy and move towards the free economy? It seems that no one is willing to take this step
-During the next 3-4 years, we are in for rough times in the US

Useful Links:
International Man
Doug Casey's Take
Financial Survival Network
Financial System Would Collapse if Fed Tapers, Inflation Spiking, Warns Doug Casey
Confessions of an Economic Hitman – John Perkins with Doug Casey

Direct download: Doug_Casey_20.Nov.21.mp3
Category:general -- posted at: 8:01am EDT

What’s going on with the price of gold, and has it bottomed? I sit down and chat with David Erfle, a self-taught mining sector investor, to discuss what’s happening with this portion of the precious metals sector. On the last day of the quarter, gold had a huge reversal, and its price hasn’t looked back since. Erfle advises us to expect the unexpected, and not to rule anything out wen it comes to this sector.

-What’s going on with the price of gold? Has it bottomed?
-You can never leave certain price points off the table in the gold sector
-On the very last day of the quarter, gold had a huge reversal and the price hasn’t looked back since
-You have to be mindful of resistance points
-Before gold started going up, the stocks started leading again
-Volume on up days has been higher than volume on down days, which is a sign of accumulation
-The upward moves with gold need to happen slowly in case anything happens
-Inflation is probably not coming down any time soon

Useful Links:
Financial Survival Network
Junior Miner Junky
Gold Will Be Off to the Races When We See This with Pro Mining Investor David Erfle
Where Are Gold and Silver Prices Headed? with David Erfle

Direct download: David_Erfle_20.Nov.21.mp3
Category:general -- posted at: 8:00am EDT






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