Turning Hard Times Into Good Times

Danielle DiMartino Booth, Ivan Bebek and Michael Oliver return. Monetary counterfeiting is theft. But by way of force, central bankers do the same thing legally to the detriment of workers who produce goods and services in earning spending power. During a period of economic growth not many care about Central Bank counterfeiting injustice. But when the music stops and sudden liquidity and insolvency prevail, retribution follows. Beginning on page 209 of Danielle’s book “Fed Up” she explains how central bank Q.E. sets up liquidity traps that are impossible to exit, again demonstrated by the recent Powell pivot. With an inevitable liquidity crisis staring them in the face, are central bankers counting on another gold revaluation to bail them out as in 1932? We’ll ask Danielle if that is why central bankers are building gold reserves. Ivan will update us on some very exciting developments for Auryn Resources in Peru and Michael will provide his usual guidance on key markets.