Wednesday, January 26, 2011
Jay Taylor: Turning Hard Times Into Good times
Ron Paul, Robert Prechter, Ian Gordon, Bob Hoye, John Williams, Larry Parks and Eric Sprott provide insights into the global economic malaise. All offer some hope for YOU, IF you can see through the deceit of policymakers. Paul and Parks explain that defiance of the Constitution's requirement to use gold and silver as money is leading to economic ruination. Prechter, Gordon and Hoye warn of a very severe deflationary future. Hoye believes the markets will require policymakers return to a gold-based currency. But Williams makes a strong case for hyper inflation in a debate with Bob Hoye. Paul and Parks also warn of inflation. Investor Eric Sprott is not as sure as some of this week’s other guests on the inflation/deflation issue but he, like all the other guests, is absolutely sure gold and silver are essential to preserving wealth. Eric makes a very strong case for silver outperforming gold. Jay Taylor's severe cold prompted a replay of the above noted guests this week. (click here for audio)
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