Turning Hard Times Into Good Times

Michael McKay and Doug Wead visit for the first time. Eisenhower warned that the Military Industrial Complex was a threat to our liberty and Kennedy worried secret societies could do so. Nixon enabled both evils by detaching gold from money, empowering the Fed, funding endless wars and bankrupting the world. But alas, not even the powerful U.S. military nor the FED can fool mother mature forever. We'll ask McKay about the power of market forces to reverse America's trend toward tyranny and we will ask Ron Paul's political spokesman Doug Wead about the longevity of the Ron Paul Revolution. William Schara of Goldrich Mining and Chris Cooper of Aroway Energy will be joining McKay in providing some practical investment ideas during these difficult times.

James Turk returns & Luigi Zingales, Univ. of Chicago Prof. of Entrepreneurship and Finance, visits for the 1st time to talk about his book, “A Capitalism for the PEOPLE.” Prof. Zingales offers ways to return to a capitalism that rewards merit and discourages Crony Capitalism, which Gene Epstein calls “Crapitalism.” Prof. Zingales puts his finger on many symptoms of our increasingly perverse capitalist model, but can a fix be done through a new set of regulations? Or do we need to return to an honest monetary system that enables automatic market mechanisms to allow those who produce wealth to keep it rather than having it stolen by the parasitic elements of our society like bankers and government? Weighing in on that subject will be James Turk, proprietor of GoldMoney, who views the world through an Austrian free market model that relies on free market rather than rules and regulation to optimize life, liberty and the pursuit of happiness. Also, your host will offer some top picks.

James Turk returns & Luigi Zingales, Univ. of Chicago Prof. of Entrepreneurship and Finance, visits for the 1st time to talk about his book, “A Capitalism for the PEOPLE.” Prof. Zingales offers ways to return to a capitalism that rewards merit and discourages Crony Capitalism, which Gene Epstein calls “Crapitalism.” Prof. Zingales puts his finger on many symptoms of our increasingly perverse capitalist model, but can a fix be done through a new set of regulations? Or do we need to return to an honest monetary system that enables automatic market mechanisms to allow those who produce wealth to keep it rather than having it stolen by the parasitic elements of our society like bankers and government? Weighing in on that subject will be James Turk, proprietor of GoldMoney, who views the world through an Austrian free market model that relies on free market rather than rules and regulation to optimize life, liberty and the pursuit of happiness. Also, your host will offer some top picks.

Barron’s Columnist Gene Epstein and Ilana Mercer author of “Into the Cannibal’s Pot” will join us to talk about the damages caused to our economic well-being, personal liberty and safety from the government's confiscation of property and market intervention. In her book, Ilana points out that the post apartheid South Africa has become a very dangerous place to live in largely because of the removal of property rights and a mal functioning legal system worse even than before apartheid. Epstein shares Ilana’s concerns about property rights but he also focuses on the role America’s corporatism has played in the housing depression and the general decline in our economy. Rather than call our economic system “fascist” or “corporatist” Epstein simply labels it CRAPitalism. What about the markets? Arch Crawford will join us to tell us what the heavenly bodies are telling him and at the start of the show, Michel Bouchard, Pres & CEO of Clifton Star will join us.

Barron’s Columnist Gene Epstein and Ilana Mercer author of “Into the Cannibal’s Pot” will join us to talk about the damages caused to our economic well-being, personal liberty and safety from the government's confiscation of property and market intervention. In her book, Ilana points out that the post apartheid South Africa has become a very dangerous place to live in largely because of the removal of property rights and a mal functioning legal system worse even than before apartheid. Epstein shares Ilana’s concerns about property rights but he also focuses on the role America’s corporatism has played in the housing depression and the general decline in our economy. Rather than call our economic system “fascist” or “corporatist” Epstein simply labels it CRAPitalism. What about the markets? Arch Crawford will join us to tell us what the heavenly bodies are telling him and at the start of the show, Michel Bouchard, Pres & CEO of Clifton Star will join us.

John Butler and William Bergman are first time guests. Bergman, a former Fed economist who wrote the “Beige Book,” has raised serious questions about an inexplicable sudden increase in M-1 just prior to 9-11 that suggests someone big knew that devastating event may have been about to happen. We will talk to William about that and other issues like the failure of the rating issues during the housing bubble. Debt bubbles result from a monetary system without discipline. That's at least part of the reason John Butler says in, “The Golden Revolution” a return to a gold-backed monetary system is inevitable. This issue fits well with our discussion two weeks ago with Ron Paul and Lewis Lehrman who believe a return to gold is not only inevitable but highly desirable. A move to a gold standard should put the miners of gold among the growth industries of our time so we will talk to Brian Maher, Pres & CEO of Prodigy Gold, an emerging Canadian gold producer.

John Butler and William Bergman are first time guests. Bergman, a former Fed economist who wrote the “Beige Book,” has raised serious questions about an inexplicable sudden increase in M-1 just prior to 9-11 that suggests someone big knew that devastating event may have been about to happen. We will talk to William about that and other issues like the failure of the rating issues during the housing bubble. Debt bubbles result from a monetary system without discipline. That's at least part of the reason John Butler says in, “The Golden Revolution” a return to a gold-backed monetary system is inevitable. This issue fits well with our discussion two weeks ago with Ron Paul and Lewis Lehrman who believe a return to gold is not only inevitable but highly desirable. A move to a gold standard should put the miners of gold among the growth industries of our time so we will talk to Brian Maher, Pres & CEO of Prodigy Gold, an emerging Canadian gold producer.

Dennis Marker and Glen A. Downs join us for the first time this week. Mr. Marker will talk about his book, “Fifteen Steps to Corporate Feudalism – How the Rich Convinced America’s Middle Class to Eliminate Themselves.” America’s middle class reached its zenith in the late 60’s and early 70’s but a redistribution of wealth to a very small few on Wall Street is leading to a destruction of the middle class. Who is to blame? Was it Ronald Reagan and his destruction of the unions, less regulation and a move to a more free market orientation? Or is there a more widespread pathology spread by both Democrats and Republicans? To add perspective to this discussion, Glen Downs, Chief of Staff for Rep. Walter B. Jones and Jeff Deist, Chief of Staff to Rep. Ron Paul stop by to discuss this issue. Providing practical ideas about how you may avoid serfdom will be David Cole, Pres. and CEO of Eurasian Minerals and Brian Maher, Pres & CEO of Prodigy Gold, two of J Taylor's favorite gold stocks.

Dennis Marker and Glen A. Downs join us for the first time this week. Mr. Marker will talk about his book, “Fifteen Steps to Corporate Feudalism – How the Rich Convinced America’s Middle Class to Eliminate Themselves.” America’s middle class reached its zenith in the late 60’s and early 70’s but a redistribution of wealth to a very small few on Wall Street is leading to a destruction of the middle class. Who is to blame? Was it Ronald Reagan and his destruction of the unions, less regulation and a move to a more free market orientation? Or is there a more widespread pathology spread by both Democrats and Republicans? To add perspective to this discussion, Glen Downs, Chief of Staff for Rep. Walter B. Jones and Jeff Deist, Chief of Staff to Rep. Ron Paul stop by to discuss this issue. Providing practical ideas about how you may avoid serfdom will be David Cole, Pres. and CEO of Eurasian Minerals and Brian Maher, Pres & CEO of Prodigy Gold, two of J Taylor's favorite gold stocks.

Ron Paul and Lewis Lehrman are back—together this time—to talk about a return to a gold standard. In 1982, both recommended a return to the gold standard. Since then our fiat money system has led us down a path of destruction. What would the world be like now if the US had followed Paul and Lehrman's advice at that time? More importantly, what will the world look like 10 or 15 years from now if policy continues to ignore that advice? If we are to return to a gold standard, how do we get there from here and how would it need to differ to achieve a gold standard for our time? Would silver work equally well? Should we go back to a bi-metal system? Can the U.S. lead the way to a new gold standard for the 21st century or will a global monetary breakdown and economic reality be required to wake Americans up to accomplish it? Michel Bouchard, President and CEO of Clifton Star will also join us to update us on that company's multi-million oz. gold deposit in Quebec.

Ron Paul and Lewis Lehrman are back—together this time—to talk about a return to a gold standard. In 1982, both recommended a return to the gold standard. Since then our fiat money system has led us down a path of destruction. What would the world be like now if the US had followed Paul and Lehrman's advice at that time? More importantly, what will the world look like 10 or 15 years from now if policy continues to ignore that advice? If we are to return to a gold standard, how do we get there from here and how would it need to differ to achieve a gold standard for our time? Would silver work equally well? Should we go back to a bi-metal system? Can the U.S. lead the way to a new gold standard for the 21st century or will a global monetary breakdown and economic reality be required to wake Americans up to accomplish it? Michel Bouchard, President and CEO of Clifton Star will also join us to update us on that company's multi-million oz. gold deposit in Quebec.

Bill Tatro and Walker Todd are first time guests. Tatro will explain the dynamics of Irving Fisher’s debt deflation model and how policy makers have gotten the world into this depression. More importantly, he has a recipe for not only protecting the wealth you have but for using the knowledge of what is to come to profit from it as the Dow heads from its current 13,000 to 13,500 range toward his predicted target of 3,500 by 2016. Walker Todd, a former Cleveland Federal Reserve economist and attorney, will answer a question that Jim Sinclair did not answer when I posed it to him at the latest CMRE. That question is, how do you get the banking system to expand and get the economy to grow again when pumping money into the banking system is analogous to “pushing on a string.” In addition, your editor will update you on his views of the markets at this point in time.

Bill Tatro and Walker Todd are first time guests. Tatro will explain the dynamics of Irving Fisher’s debt deflation model and how policy makers have gotten the world into this depression. More importantly, he has a recipe for not only protecting the wealth you have but for using the knowledge of what is to come to profit from it as the Dow heads from its current 13,000 to 13,500 range toward his predicted target of 3,500 by 2016. Walker Todd, a former Cleveland Federal Reserve economist and attorney, will answer a question that Jim Sinclair did not answer when I posed it to him at the latest CMRE. That question is, how do you get the banking system to expand and get the economy to grow again when pumping money into the banking system is analogous to “pushing on a string.” In addition, your editor will update you on his views of the markets at this point in time.

Thomas H. Greco, Jr. joins us for the first time to talk about The End of Money and the future of Civilization. Money has become nothing more than an information system. And there are emerging mechanisms for managing exchange information outside of the conventional banking system and without the use of political monies. With emerging technologies, Greco sees the potential for a shift from elite rule based on “command and control” hierarchies and military force to a more inclusive, participatory, just, harmonious, and sustainable order. What is necessary for this transformation will be a fundamental change in the way we mediate the exchange of goods and services. What role if any will gold play if Greco’s vision is to become a reality? From future theory to the immediate practical, Brian Kirwin of American Bonanza and Michel F. Bouchard of Clifton Star will talk about their respective gold mining projects.

Thomas H. Greco, Jr. joins us for the first time to talk about The End of Money and the future of Civilization. Money has become nothing more than an information system. And there are emerging mechanisms for managing exchange information outside of the conventional banking system and without the use of political monies. With emerging technologies, Greco sees the potential for a shift from elite rule based on “command and control” hierarchies and military force to a more inclusive, participatory, just, harmonious, and sustainable order. What is necessary for this transformation will be a fundamental change in the way we mediate the exchange of goods and services. What role if any will gold play if Greco’s vision is to become a reality? From future theory to the immediate practical, Brian Kirwin of American Bonanza and Michel F. Bouchard of Clifton Star will talk about their respective gold mining projects.

Mikey Weinstein and Naomi Oreskes are first time guests. Weinstein fights hateful Christians in the military. The Military Industrial Complex needs enemies and who better to flame the fires of war than perverted fundamentalist Christians who can’t wait their turn to kill a Muslim for Christ. Is this religious hatred the tinder that ignites our increasingly fascist nation into launching WWIII, much as a hatred for Jews fueled WWII? Ideology, whether religious or economic, can lead to an end justifies the means” mentality that is endemic in all totalitarian regimes and can have disastrous consequences for a nation’s economy. Dr. Oreskes talks about how free market ideology, positive though it is, has led big name scientists and major media to transmit falsehoods about tobacco, global warming and other crucial issues to our peril. If you seek objective truth, what Weinstein and Oreskes have to say will make you mad as hell! We will also talk to John Lee, the CEO of Prophecy Platinum.

Mikey Weinstein and Naomi Oreskes are first time guests. Weinstein fights hateful Christians in the military. The Military Industrial Complex needs enemies and who better to flame the fires of war than perverted fundamentalist Christians who can’t wait their turn to kill a Muslim for Christ. Is this religious hatred the tinder that ignites our increasingly fascist nation into launching WWIII, much as a hatred for Jews fueled WWII? Ideology, whether religious or economic, can lead to an end justifies the means” mentality that is endemic in all totalitarian regimes and can have disastrous consequences for a nation’s economy. Dr. Oreskes talks about how free market ideology, positive though it is, has led big name scientists and major media to transmit falsehoods about tobacco, global warming and other crucial issues to our peril. If you seek objective truth, what Weinstein and Oreskes have to say will make you mad as hell! We will also talk to John Lee, the CEO of Prophecy Platinum.

Paul van Eeden and Jeff Deist, Ron Paul's Chief of Staff, return. The price of gold has risen for 10 straight years. Jim Liles reminded folks at the Wealth Protection Conference last week that no commodity had ever risen 11 years in a row. Might 2012 see the price of gold decline for the first time since 2002? A few weeks back, Paul van Eeden said his model for valuing gold tells him its real value is only $900/oz. now. We will ask Paul to explain his method for valuing gold. And as one who looks at gold in “real” terms rather than nominal terms, we will ask this very savvy and successful investor what he thinks that will mean for gold mining profits. Also, does a $900 gold price suggest a deflationary scenario? Jeff Deist will join me to weigh in on the economy, government policy and Ron Paul’s enormous but stealth popularity. Also joining me will be Brian Maher, President & CEO of an emerging Canadian gold producer and sponsor to this show, Prodigy Gold.

Paul van Eeden and Jeff Deist, Ron Paul's Chief of Staff, return. The price of gold has risen for 10 straight years. Jim Liles reminded folks at the Wealth Protection Conference last week that no commodity had ever risen 11 years in a row. Might 2012 see the price of gold decline for the first time since 2002? A few weeks back, Paul van Eeden said his model for valuing gold tells him its real value is only $900/oz. now. We will ask Paul to explain his method for valuing gold. And as one who looks at gold in “real” terms rather than nominal terms, we will ask this very savvy and successful investor what he thinks that will mean for gold mining profits. Also, does a $900 gold price suggest a deflationary scenario? Jeff Deist will join me to weigh in on the economy, government policy and Ron Paul’s enormous but stealth popularity. Also joining me will be Brian Maher, President & CEO of an emerging Canadian gold producer and sponsor to this show, Prodigy Gold.

Richard Duncan appears here for the first time to tell us that our current global economic malaise was caused by America shutting down the international gold standard in 1971. He believes we are facing the potential for a depression a magnitude worse than that of the 1930s because the entire world has gone onto fiat money rather than gold. That resulted in rapid growth we would not otherwise have enjoyed, but it has also resulted in an instability that is posed to destroy the existing financial system. Duncan’s economic views are distinctly Austrian until he provides his prescription. The worst policy would be austerity because we would immediately head over the cliff. Not as bad would be a continuation of current policies since that would postpone catastrophe a bit longer. The best policy would be for government to deficit spend for cutting edge technologies that he believes can enable future debt service. Chen Lin will also talk about a couple of his favorite oil and gold stocks.