The Path to Monetary Collapse

Alasdair Macleod and Corwin Coe return as guest on this week’s episode of the radio program.

Few understand the seriousness of the economic and monetary situation, whether a V-shaped rapid return to normality or a more prolonged recovery phase. A liquidity crisis that developed in the U.S. money markets five months before COVID-19 hit America has been forgotten. Only a rising gold price stands testament to a deeper crisis of contracting bank credit while central banks are trying to rescue the economy, fund government deficits, and keep the market bubble inflated.

Next problem? A crisis in European banks, wholly unexpected by investors and depositors. Now, when lending risk is soaring, their financial condition is more fragile than before the Lehman crisis. Failures in the next few months are a near certainty, leading to a full-blown monetary and credit crisis which promises to undermine asset values, government funding, and fiat currencies themselves. Alasdair explains. Corwin updates us on progress at Sitka’s three gold projects.

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Alasdair Macleod has a background as a stockbroker, banker and economist. He is a Senior Fellow at the GoldMoney Foundation and Head of Research at Goldmoney.  His experience encompasses equity and bond markets, fund management, corporate finance and investment strategy. His weekly articles written for GoldMoney are posted on his blog at Because of his deep insights into underlying market dynamics, Alasdair is one of the most frequent guests on Turning Hard Times into Good Times. 

Corwin Coe, CEO and Director of Sitka Gold Corp., has over 35 years of experience in mineral exploration, development and production throughout North America. He has served as a Director and/or Officer of several public companies including as CEO, President and VP Exploration. From 2010 to 2011 Mr. Coe was the President and CEO of Silver Predator Corporation during which time he and his associates raised over $8 million in financing, assembled a portfolio of 21 mining properties, and successfully listed the company on the Toronto Stock Exchange. Prior to this, Mr. Coe served as the VP Exploration for Northern Freegold Resources Ltd., where he was responsible for $20 million in exploration expenditures and the delineation of a 1-million-ounce gold resource in the Yukon. Most recently, Mr. Coe was the founding CEO and a Director of Tundra Copper Corp.

About Jay Taylor

Jay Taylor is editor of J Taylor's Gold, Energy & Tech Stocks newsletter. His interest in the role gold has played in U.S. monetary history led him to research gold and into analyzing and investing in junior gold shares. Currently he also hosts his own one-hour weekly radio show Turning Hard Times Into Good Times,” which features high profile guests who discuss leading economic issues of our day. The show also discusses investment opportunities primarily in the precious metals mining sector. He has been a guest on CNBC, Fox, Bloomberg and BNN and many mining conferences.