Dr. Mark Thornton and John Rubino return as this week’s guests. Gold has risen above $2,000 again and so far, it is looking like the month of April 2023 may have the highest monthly average gold price in history. Yet, the investing public seems to have hardly noticed gold rise. There may be some good reasons for that. Enormous profits in the equity markets have resulted from an enormous destruction of the value of the dollar through massive money creation by the Fed during a decade of near zero interest rates and most investors are assuming a Fed pivot that will reinstate the stock market orgy they have come to believe is their divine right. So why invest in gold if you “know” getting rich quick by buying the S&P is sure to come. But is a Fed pivot a sure thing? And, what about the real economy? Will economic activity be such that we can assume rising profits will drive rising stock prices? For an appraisal of the general economy, we will turn to Dr. Mark Thornton. We will also want to get his thoughts on gold in an emerging alternative global monetary system. John Rubino will share his thoughts from a recent Substack article he wrote titled “Check Out Gold’s Quiet Bull Market.” You might want to do that while the public seems to have little desire for gold and gold mining stocks. | 