| Reducing Investment Risk Amidst Increasing Chaos |
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David McAlvany and Dr. Quinton Hennigh return as guests on this week’s radio program.
As we end the insanity of 2020, what might be in store for 2021? A growing number of proponents of Modern Monetary Theory (MMT) suggest that wealth can be created via central bank printing presses and computer key strokes. But a more primitive MMT policy was tried in John Law’s South Sea Bubble with disastrous results. With history firmly demonstrating that there are no free lunches, why do economists and politicians insist this time its different? With COVID-19 accelerating growing levels of insolvency, what might be in store for stock, bond, commodity and precious metals markets in 2021 as massive numbers of bankruptcies appear on the horizon?
We asked David to opine and tell us how McAlvany Wealth Management is structuring its investments for the new year. Dr. Hennigh update us on Lion One Metals’ emerging world-class alkaline gold deposit in Fiji. |
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