Turning Hard Times Into Good Times

Doug Casey: Comparing the 1930s and Today

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Sinopsis

Doug Casey, Peter Tallman and Michael Oliver return. Generals commonly fight at war only to find out that as times change applying past strategies results in disaster. In the U.S. financial “generals” at the Fed and Treasury focus policy on avoiding the deflationary depression of the 1930s. Doug Casey takes a look at how times have changed and why fighting the 1930s battle cannot overcome a depression but why the current market correction is likely to be far different from the 1930s. In light of his vision for the future, we will ask Doug why he thinks gold and gold shares should help offset the pain of the impending depression. Geologist Tallman will talk about Klondike Gold Corp.’s efforts to explore and develop a major gold deposit from the mother Lode in the Yukon from which millions of ounces of placer gold have been mined since the late 1800s. Michael will share his insights into the direction of gold and other key markets.