Are We Gold Shares Investors Fools

Dan Oliver and Ryan Girdusky return this week as guests on the radio show to discuss the topic of the day.

It’s been six years since gold shares performed well even as stocks and bonds continued to reach new highs.  Why stay in a losing sector for so long?  Consider the housing market boom that a few brave souls dared to short as prices continued to climb. It was difficult holding those short positions. But when the inevitable collapse took place the shorts became enormously wealthy.

Gold share investors are now effectively shorting financial assets at a time when Michael’s technical work says enormous tectonic shifts are starting to unfold, stocks and bonds destined for a horrendous bear market and commodities and gold headed for the moon. Laugh if you want, but as Dan discusses, it’s at the nadirs of credit cycles that gold assets become enormously valuable.  Ryan joined us to discuss the midterm elections and what impact those results may have on President Trump’s policies and the American social landscape as a whole.

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Dan Oliver is the Director of Committee for Monetary Research and Education, a non-profit educational organization that seeks to promote greater public understanding of the nature of monetary processes and of the central role that a healthy monetary system plays in the well-being, indeed, in the very survival of a free society.  He is also the founder and Managing Director of Myrmikan Capital, LLC.  Dan was previously a Partner at Bearing Capital LLC, an asset management firm specializing in Latin American energy, commodity and infrastructure projects.

Mr. Oliver has a MBA from INSEAD (2004-2005), a JD, Law from Columbia University of Law (1998-2001) and a BA, Philosophy, English from Vanderbilt University (1992-1996).

Ryan James Girdusky is a born and raised New Yorker, and has been politically active since his teens. He is a frequent guest on Fox News, Fox Business, and many radio shows nationwide and writes for The Washington Examiner.