Turning Hard Times Into Good Times

John Rubino returns and host Jay Taylor tells why he is buying entertainment and defense stocks in addition to gold shares in 2015. Warren Buffett observed that “you only see who’s swimming naked when the tide goes out.” Gold shares were among the worst performers in 2014. Did their poor performance suggest the gold sector is swimming naked and thus vulnerable to further declines in 2015? Or, could it be the real naked swimmers are mainstream debt-ridden firms? For example, Zero Hedge just published an article titled “Commodity Prices are Cliff-Diving Due to The Fracturing Monetary Supernova – the case of Iron Ore.” Amidst growing evidence that John Exter’s thesis that the worst deflationary depression in history may be upon us thanks to unlimited fiat money creation, most casual gold market observers would suggest there is a lot more downside for gold in 2015. But might exactly the opposite be the case, at least for gold mining shares? All those and more topics will be discussed.