Next Week’s Guests

How Long until Inflation Breaks Germany & the World?  

John Rubino, Michael Oliver and Patrick Highsmith return as guests on this week’s program.

Almost alone among the world’s serious nations, Germany has scenes like this within living memory: During the 1923 Weimar Republic’s hyperinflation, newly-destitute Germans burned their life savings to keep warm or carted wheelbarrows of cash to stores to buy bread and milk. This wipe-out of an entire generation’s wealth led directly to Hitler and WWII, arguably the two dumbest mistakes made by any country ever. Note how in the recent past, before the Deutsche Bundesbank was replaced by the European Central Bank, short-term German interest rates were always set above the inflation rate in order to keep prices under control. Those days are over. Since the Great Recession, German interest rates have been consistently below the rate of inflation, apparently to encourage even faster price increases.

So the question becomes: how much more of this can Germany take before it breaks from the Eurozone and starts trying to save itself? Or, will it simply go along with the Davos crowd toward implementation of a one-world government and a single global currency? Meantime, it is 100% certain that the Fed will commit a policy error.  Will it trigger a massive deflation of the financial markets or allow inflation to run out of control to save the stock market? Those and many more questions will be asked of John.

Patrick will update us on Firefox Gold’s exciting gold exploration progress in Finland and Michael will provide his latest guidance on gold, silver, stocks and bonds. 

John Rubino runs the popular financial website DollarCollapse.com. He is co-author, with GoldMoney’s James Turk, of The Money Bubble: What To Do Before It Pops, and author of Clean Money: Picking Winners in the Green-Tech Boom (Wiley, 2008), The Collapse of the Dollar (also with James Turk), How to Profit from the Coming Real Estate Bust (Rodale, 2003) and Main Street, Not Wall Street (Morrow, 1998). After earning a Finance MBA from New York University, he spent the 1980s on Wall Street, as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990s he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications. 

Patrick Highsmith is Chairman of Firefox Gold Corp. A professional geologist and mining executive with 29 years of experience in exploration, operations, business development & leadership roles for companies, including: Rio Tinto, BHP Billiton, Newmont, Lithium One, Pure Energy Minerals, and Fortescue Metals Group. Mr. Highsmith has worked on more than 250 projects around the world, leading teams through creative transactions, new discoveries, scoping, and prefeasibility studies. He is experienced in the capital markets, having been associated with all manner of financings and transactions. Patrick has been targeting gold in Finland since 2005, and has been integral in building FireFox.

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. 

Previous Week’s Program

The Need to Focus on Income-Producing Investments

Adam Taggart and Dr. Quinton Hennigh return as guests on this week’s program.

Adam’s fascinating background as an investment professional, combined with a passion to help people become financially literate so they can thrive, has led him to create a very interesting and informative video series on his Wealthion YouTube channel. Drawing from his own experiences, as well as many talented guests on Wealthion, Adam is proclaiming the need for investors to change their thinking from growth stories to fundamentally-sound value investments that produce income.

This is especially important given the fact that monetary policy has removed the ability of middle-class people to earn reasonable returns with low risk on their savings. But speculative growth stocks are more overvalued now than at any time in history and signs abound that the global economy is in a slowdown mode. Soon there may be a rush to value-orientated, income-producing stocks, so better buy them now while they still provide good yields.

Quinton will join me to update us on Lion One Metals, a company with a small high-grade deposit that is starting to show signs of world class scale. 

Adam Taggart has made advancing financial literacy his mission in life. Fresh out of college from Brown University, he developed a boots-on-the-ground understanding of the financial markets working as an investment banker in New York City for Merrill Lynch. Then he went on to get his MBA from Stanford, graduating at the height of the dot-com revolution.

He joined a Silicon Valley start-up and, after it was acquired, was hired as the Head of Marketing for Yahoo! Finance, then the largest money forum on the entire internet. There Adam really honed his understanding of the needs, vulnerabilities and dreams that conscientious people like you have around their finances. Over the next decade, Adam rose up through the ranks at Yahoo!, eventually becoming the VP of Marketing for all of North America.

But the pull to return to his roots of helping people prudently build wealth was strong. And so he slipped his golden handcuffs and co-founded PeakProsperity.com, where he spent the next decade educating millions of people around the world on how to become more prosperous in all aspects of life.

Then the pandemic hit, upending the financial lives of countless people worldwide. So Adam created the global movement that’s now known as Wealthion, which delivers practical & timely expert insights essential for achieving your Money goals, and then connects you with seasoned, trustworthy professional financial advisors who put these insights into action for you.

Dr. Quinton Hennigh is an economic geologist with 25 years of exploration experience, mainly gold related.  Early in his career, he explored for major mining firms including Homestake Mining Company, Newcrest Mining Ltd and Newmont Mining Corporation.  Dr. Hennigh joined the junior mining sector in 2007 and has been involved with a number of Canadian listed gold companies including Gold Canyon Resources where he led exploration at the Springpole alkaline gold project near Red Lake Ontario, a 5 million ounce gold asset that was recently sold.  In 2010, Dr. Hennigh helped start Novo Resources and began assembling its Australian exploration portfolio. Dr. Hennigh obtained a Ph.D. in Geology/Geochemistry from the Colorado School of Mines.  Currently is also a Director for Cuya Silver Corp., Irving Resources, and Technical Advisor for Lion One Metals, Eskay Mining & others.