| Monetary Climate Change and Gold |
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Ronald-Peter Stöferle and Dr. Quinton Hennigh return as guests on this week’s program.
The "Fourth Turning" written in 1997 predicted that during the mid 2000’s, major social, economic and political changes would occur in the U.S. The 2008-09 financial crisis followed by the election of Barak Obama has indeed marked America’s 4th Fourth Turning. Fourth turnings always bring major social and political changes. And so we now see BLM & Antifa clamor for Marxist rule and many, if not most Democrats and the intelligence community, seem to be in sympathy with those aspirations.
Lenin said that the best way to destroy the capitalist system is through currency debasement because by so doing, governments can confiscate wealth, secretly and unobserved, from an important part of its citizenry. Whether these forces destroy all that 1776 bequeathed to Americans, only our Creator knows for sure. But if currency debasement is the best way to destroy capitalism, America is well on its way toward that end. From the 2021 edition of “In Gold We Trust,” co-author Ronald Peter Stöferle explains why he believes the U.S. has reached a tipping point where inflationary forces have begun to dominate.
But the one thing that remains unchanged and secure as long as this world endures is the purchasing power of gold, thus, the need to own it and shares in the companies that produce it in times like these. Quinton talks about the progress on Eskay Mining’s gold-rich, poly-metallic deposit in B.C. |
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