Turning Hard Times Into Good Times

John Rubino substitutes for host Jay Taylor who is vacationing. John will interview first time guest Doug Noland and Michael Oliver. Doug Noland believes the monetary experiment of recent decades and most notably zero-interest rates following the 2008-09 financial crisis has set the stage for the mother of all financial disasters. Debt has grown exponentially and income is edging ahead in a very slow linear manner thanks to unlimited amounts of debt-based money creation. Doug will explain why an impending financial disaster is virtually certain. But he will provide some ways to greatly reduce personal risk by planning ahead while a calm environment still exists. Michael will update listeners to his latest views on key stock, bond, commodity and precious metals markets and, in a prerecorded interview with Jay, Brian Groves, Chairman of Genesis Metals, discusses the progress being made in growing high-grade ounces of gold at that company’s Chevrier project in Quebec.