Will Democrats be Gold Friendly? | |
John Rubino and Dr. Quinton Hennigh return as guests on this week’s program. The Democrat party hates gold. Alan Greenspan explained why in 1966. He wrote: “This is the shabby secret of the welfare statist tirades against gold. Deficit spending is simply a scheme for the hidden confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard.” Now that Democrats control all branches of our government what will that mean for stocks, bonds, commodities and precious metals in 2021? Absent a Republican-controlled senate, we can anticipate endless trillions of inflationary dollar creation. John opines on what that will mean for the markets and precious metals. Quinton provides updates on Eloro Resources and the very exciting prospects of discovering at Eskay Creek 2.0, Eskay 1.0 being the highest grade mine in Canadian history. | | |
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