Turning Hard Times Into Good Times

Dr. Gary Shilling and John Williams, two economists with quite differing views on the inflation/deflation debate, will join us this week. Dr. Shilling appears to talk about the topic of his fabulous book, “The Age of Deleveraging.” Though more moderate in his deflationary views than some, he correctly speaks of a massive deleveraging process that is still in its early stages. Williams will return to argue that massive debt will lead to dollar destruction, massive printing press money and hyper inflation. Which of these views prove to be correct will help determine successful investing strategies. In either case, your host is convinced it will be prudent for investors to allocate a portion of their portfolios into gold in one form or another, though Dr. Shilling’s deflationary case is best for gold mining. Amir Adnani, one of Doug Casey's top 10 young executives, will also join me to talk about the gold exploration prospects of his latest project, namely Brazil Resources.