Profiting from Delusional Central Bankers

John Rubino and Eric Coffin return as guests on the radio show while Nick Appleyard visits for the first time.

The world has bought the Keynesian notion that earthly paradise can be engineered by excessive consumption, zero savings and debt-based money created magically by central bankers. Central bankers have complied so much that the dollar based financial system is turning insolvent.

Burdened by an inability to service debt, Central bankers’ only answer for short term survival is to destroy the existing monetary system longer term, by driving interest rates into negative territory. The system simply can’t finance debt at higher rates. But the nice thing about mass financial delusion is that it offers a target-rich investment environment for the non-delusional.

John leads us into that target-rich environment for survival in the tumultuous world that lies ahead. Eric shares some of his thoughts in the junior mining space and Nick introduces Tristar Gold that owns very undervalued gold deposit in Brazil.

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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. He currently writes for CFA Magazine.

Eric Coffin is the editor of the HRA (Hard Rock Analyst) family of publications. Responsible for the “financial analysis” side of HRA, Coffin has a degree in corporate and investment finance. He has extensive experience in merger and acquisitions and small-company financing and promotion. For many years, he tracked the financial performance and funding of all exchange-listed Canadian mining companies and has helped with the formation of several successful exploration ventures. Coffin was one of the first analysts to point out the disastrous effects of gold hedging and gold loan-capital financing in 1997. He also predicted the start of the current secular bull market in commodities based on the movement of the U.S. dollar in 2001 and the acceleration of growth in Asia and India. Coffin can be reached at hra@publishers-mgmt.com or the website www.hraadvisory.com.

Nick Appleyard was appointed President and CEO of Tristar Gold Inc. in December 2015. He has executive experience in mining having previously been the CEO of Chaparral Gold and Vice President Corporate Development for International Minerals. Nick has over 25 years international experience in precious metals exploration and mining. He has managed exploration, development and production JVs in North and South America, including extensive project development experience in South America with more than ten years in-country, and prior to that in Australia.

Nick is fluent in Spanish, holds a Bachelor of Science (Geology) from Curtin University, Australia, and is a member of the Australasian Institute of Mining and Metallurgy.