Is America Approaching Hyperinflation?

Charles Hugh Smith is a first time guest on the radio program while Robert Carrington and Michael Oliver return.

Something is hugely wrong with our government’s CPI index. Their “inflation” statistics suggest that the cost of living is rising at less than 2% per year. But the living standard of the bottom 95% suggest otherwise. Part of the middle class decline has resulted from disappearing higher paying low-skilled jobs.  But of even greater significance is the relentless rise in the cost-of-life sustaining essentials and the foundation of the economy like education, healthcare, energy and labor.

Charles will be asked to explain the origin of this unfortunate trend and what we can do to protect ourselves against the damage caused by the anti free market deep state that controls our government.

Robert will update us on developments at Newrange Gold Corp’s Pamlico gold project that can drive the company’s shares higher and Michael will provide his usual guidance for the direction of key markets. 

Audio
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Charles Hugh Smith is the author/ proprietor of the popular blog OfTwoMinds.com, which he started publishing in 2005, and a contributing editor to PeakProsperity.com. He is the author of numerous books, including “Why Everything Is Falling Apart: An Unconventional Guide To Investing In Troubled Times.”  In his new book “Money and Work Unchained,” he addresses the idea of UBI (Universal Basic Income) and starts by taking a fresh look at work and its role in human life and society and well as our system of money.

Robert Carrington, BSc., PGeo, QP,  is President & CEO, and Director of Newrange Gold Corp.Robert Carrington has had more than 30 years of exploration, production and executive management experience with various junior mining firms. He is the former CEO and a Director of Gold Canyon Resources and the CEO and founder of Colombian Mines Corporation, now Newrange Gold Corp.  As an early explorer in Colombia (since 1992), his experience was the basis for formation of Colombian Mines Corporation, which company is now active with a very promising project in Nevada.

Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton’s International Commodity Division, NYC. He studied under David Johnson, head of Hutton’s Commodity Division and Chairman of the COMEX.In the 1980’s Oliver began to develop his own momentum-based method of technical analysis. In 1987 Oliver, along with his futures client accounts (Oliver had trading POA) technically anticipated and captured the Crash. Oliver began to realize that his emergent momentum-structural-based tools should be further developed into a full analytic methodology.

In 1992 he was asked by the Financial VP and head of Wachovia Bank’s Trust Department to provide soft dollar research to Wachovia. Within a year Oliver shifted from brokerage to full-time technical research. MSA has provided its proprietary technical research services to financial and asset management clients continually since 1992. Oliver is the author of The New Libertarianism: Anarcho-Capitalism