Wednesday, August 12, 2009

Jay Taylor: Turning Hard Times Into Good Times

Now Playing:Will Silver Outperform Gold?

Gold-as-money advocates are often painted by establishment propagandists as “crazed, eccentric, weirdo worshipers of a barbaric relic.” But if gold bugs are thought of as crazed, silver bugs tout their faith in their favorite precious metals with even more religious and emotional fervor. But if there is one “silver bug” who is level-headed and analyzes silver markets with a rational scientific approach, it is David Morgan. With a background as an engineer, David applies reason to analyzing the precious metals markets. He is partial to silver and believes silver will in the end out-perform gold. David also has some well founded Austrian economic views about where the American economy is headed. He and your host have had many spirited discussions on one of the major issues of our day, namely how will the pathology of our Keynesian-poisoned economy come to its end, whether via a deep freeze of depression or the fires of a Zimbabwe like hyper inflation? David will explain. (click here for audio)

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