Can America Avoid a Marxist Dictatorship?

David Stockman and Michael Oliver return. Dr. Ewan Webster visits for the first time.

Vladimir Lenin said, “The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.” The Biden administration, which is allied with the World Economic Forum whose leader said of the masses, “They will own nothing and they will be happy,” is doing a masterful job of grinding America’s bourgeoisie between the millstones of taxation and inflation. The Federal Reserve was initially orchestrated to ensure that the losses of J.P. Morgan and other robber barons of the early 1900s would be socialized while they continued to privatize their profits. We saw the confiscation of wealth from the middle class replayed again in 2008 with bank bailouts.

Now in 2023 we are witnessing it once again, but this time with the prospects of ending virtually all economic freedom and individual responsibility as left leaning politicians are suggesting guaranteeing all bank deposits. Recently it appeared on the Bloomberg website an essay titled, “Do we need more than one bank?” The idea is simply to let the Federal Government become our bank and put an end to what’s left of the free market capitalism. Not only that, but political power can be totally controlled by instituting social scores through the government’s own digital currency just as the Chinese Communist party is already exercising.

We will ask David what he thinks the odds are of America avoiding a form of cultural/economic Marxism mixed in with a perpetual state of global warfare. Michael will update us on what his momentum and structural models are telling him about key markets. And Dr. Webster will share the latest news of Thesis Gold as well as the company’s exploration plans for 2023.

David Stockman was formerly a senior managing director of The Blackstone Group. Prior to joining Blackstone, Mr. Stockman was a managing director at Salomon Brothers, Inc. He served as the director of the Office of Management and Budget in the Reagan administration from 1981 to August 1985 and was the youngest Cabinet member of the twentieth century. From 1976 to 1981, Mr. Stockman represented Michigan in the House of Representatives.

Ewan Webster, Pres., CEO and Director of Thesis Gold, is an exploration geologist who has worked for a number of public companies in North and South America, on a variety of different deposit types. He holds a First-Class Honours degree in geology from the University of Glasgow, Scotland, a Geoscience B.C funded PhD from the University of Calgary and is a registered professional geoscientist in British Columbia. His PhD research focused on unraveling aspects of the structure, stratigraphy, tectonics, and metamorphism of southeastern British Columbia.

J. 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.