SOS! Take cover. It’s too late to turn back!

Doug Noland and Dr. Quinton Hennigh return as guests on this week’s radio program.

The current global depression may appear to have been triggered by COVID-19 but the truth is the seeds of destruction for our prosperous free market capitalist system were sewn years ago by detaching gold from money. That paved the way for the Keynesian lie that wealth can be created by a debt-based monetary system. History reveals that every country that tried to get rich by expanding credit has failed. And now the end game for the current dollar-based monetary system is nearing its end.

Doug talks about the current dynamics of this current credit bubble and why there can be no turning back now because from now on its hyperinflate or face a deflationary depression. We will probe the limits of the current credit bubble with Doug.

But there is good news from Dr. Hennigh who will provide ample reason to believe Lion One Metals may be on to a very large and rich high-grade alkaline gold system in Fiji being explored by Lion One Metals.

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Doug Noland is currently Portfolio Manager for the Tactical Short Strategy at McAlvany Wealth Management.  Previously, Doug served as Senior Vice President and Portfolio Manager of Federated Equity Management Company, overseeing the Prudent Bear Fund and Prudent Global Income Fund.  Doug served as Portfolio Manager and Strategist of David W. Tice & Associates, Inc. He served at David Tice & Associates, Inc., from 1999 to 2008. Mr. Noland was a Trader, Portfolio Manager and Analyst for short-biased hedge funds, including G.W. Ringoen & Associates, from 1990 to 1998.  He has received an M.B.A. from Indiana University and a B.S. in Accounting and Finance from the University of Oregon.

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 Miramont Resources and Irving Resources and a Technical Advisor for Lion One Metals.

About Jay Taylor