Turning Hard Times Into Good Times

Geologist Brian Groves visits for the first time. John Williams and Michael Oliver return. With massive malinvestment and an economy that has never fully recovered from the 2008-09 crises, there is zero chance of excessive demand causing price inflation. But that’s not the reason Williams has been predicting hyperinflation in the U.S. The underlying cause, he says, will be a dollar that is in dramatic decline. In a world of growing geopolitical tensions with creditor nations and an increased shortage of willing buyers of U.S. Treasuries at low rates, and Oliver’s work showing a new secular dollar bear market underway, isn’t it possible that Americans are about to be blindsided with a hyper-inflationary event? If so, what might that mean for the dollar price of gold and for low cost gold miners? We will quiz Groves about the potential for his company, Genesis Metals, to mine and produce the yellow metal economically, especially in an inflationary environment.