Jim Rogers discusses the US economy and why he's buying silver right now. Additional topics include the drive by countries such as China to stock up on gold, and what this tells us.
Nigeria, Uganda, Zimbabwe, Madagascar, and several other African nations have made moves to increase gold reserves, bring their gold home, and even back their currencies with the yellow metal.
We know that none of the people in the Biden administration would lie about the condition of the economy any more than they would lie about the condition of the president, himself.
Trying to hide, especially in today’s world, is not very effective. Don’t be sure that if you choose sides, you’ll necessarily be with the “good guys.”
Maharrey delved into the perils of central planning and the inherent limitations of human knowledge, with insights from economist Friedrich Hayek and financial expert Jim Grant.
Gold has and should reliably outperform the stock market in such a scenario. It should reach the measured upside target from its cup and handle pattern breakout of $3000.
No matter how good the storyline the Fed writes, things are never going to go according to the script. Unfortunately, hubris blinds people to their fallibility.
