What are the Signs of Fiat Currency Destruction? | |
Alasdair Macleod and Roger Moss return as guest on this week’s program. Central banks now face a dilemma. Either they allow interest rates to rise to sufficient levels to tackle price inflation and lend support to their currencies, or they take one last gamble on yet more stimulus in the hope that recessions can be avoided. Politics and neo-Keynesian economics strongly favor monetary inflation and continued interest rate suppression. But following that course leads to the destruction of currencies. Alasdair will help us to identify the milestones as we pass them toward the ultimate destruction of fiat money and massive price inflation. He will also explain why, in the end, cryptocurrencies will not replace state-issued currencies, but rather are likely to become just another imploding fiat-denominated bubble. Alasdair will explain why the only form of protection against the increasingly likely collapse of fiat money will be real money—physical gold and silver—not currency or derivatives thereof. Roger will update us on exploration progress on the Kingsway gold project in Newfoundland where Labrador is beginning to intersect the same kind of rocks and high-grade gold intercepts as those discovered by New Found Gold. | |
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 goldmoney.com/research/goldmoney-insights Because of his deep insights into underlying market dynamics, Alasdair is one of the most frequent guests on Turning Hard Times into Good Times. | |
Roger Moss, President, Director and CEO of Labrador Gold Corp., is an exploration geologist with thirty years experience in Africa, Central and South America, Eastern Europe and Canada in a variety of geological environments. He was instrumental in finding the multi-million ounce Navachab gold deposit in Namibia. In addition to gold exploration in Namibia and Canada, Roger has worked Cu-Pb-Zn exploration in Canada and Mexico, and Cu and Au exploration in Canada, Peru, Colombia and Chile. His extensive research into hydrothermal ore deposits culminated in a Ph.D. in geology from the University of Toronto in 2000. He continues to share his interest and experience in ore deposits and mineral exploration with students as an adjunct professor in Mineral Engineering, University of Toronto. | |
Jay Taylor Taylor Hard Money Advisors, Inc 718-457-1426 | | |
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