| Keynesian Value Destruction |
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Alasdair Macleod, Quinton Hennigh and Michael Oliver return as guests this week.
About the time President Nixon detached gold from the international monetary system on August 15, 1971, he declared that “We are all Keynesians now!” That acceptance of the Keynesian economic religion by President Nixon, subsequent American presidents, and 99% of the American economic intelligentsia sealed the devastating financial market disasters that now lie ahead of America and the Western world. Alasdair helps us understand the connection between Keynesian economics and the massive value destruction that Keynesian lies have resulted in and hopefully provide some guidance about how we, as individuals, can prepare for what is about to unfold.
Eloro Resources’ Iska Iska is being revealed now as a potential multi-billion-ounce, silver-equivalent discovery in Bolivia (the deposit is silver and tin rich). Quinton updates investors on the progress Eloro is making at Iska Iska. Michael provides his usual prescient view on key markets. |
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