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Jay Taylor’s Five Year Anniversary with VoiceAmerica

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Jay Taylor’s Five Year Anniversary with VoiceAmerica

Jay Taylor

Jay Taylor’s recent five year anniversary at VoiceAmerica has brought on publicity of his popular radio show “Turning Hard Times into Good Times.”  After a one on one interview Jay reveals some of his experiences along the way and some career choices he has made and what the future may bring.  Over these five years Jay Taylor has reached many people who turn to him for advice in gold and investing.

Before Jay was known for his expertise in gold mining, analyzing and investing in gold shares, he was attending college in New York City at Hunter College studying geology and working towards his MBA in finance and investments from Baruch College.  These classes helped him jump start his career. Learning from life and experiencing new challenges along the way he always remembers his professor in college Professor Kessler at Rutgers who helped him understand the virtues of free market capitalism and the pathology of socialism, especially as it pertained to rent control in New York City. Also Professor Anna Gavacci at Hunter College who helped him fall in love with geology that stimulated an interest in geology.

After knowing more about his education and career path, we wanted to know what motivated him to start his own radio show. He said “Tacy Trump suggested it and convinced me I could do it and should give it a try.” Tacy Trump one of our great executive producers at Voiceameria helped Jay along the way and give him the opportunity to showcase his talents.

Interested in more about investing in gold and gold shares we asked him, if someone was interested in buying gold for the first time, what should they do?  He said to find an honest dealer, someone you know, or a firm that has been in business for a long time. Jay recommended Investment Rarities in Minneapolis. Electronic Gold  is a very good way to own gold outside of the U.S., stored in England, Switzerland, Hong Kong or Singapore. Don’t buy an ETF and think you are the owner of gold or silver. Those instruments are promoted by the same people who are the shareholders of the Federal Reserve Bank, which is manipulating the gold price to deceive average Americans.

Jay also started his own business, Taylor Hard Money Advisors, in 1981 and continues to work hard and enjoy what he loves.  This made us think, with all his experience in finacinal markets and outgoing radio show personality, has he ever thought of being a politician? Jay explained “If I had the ability I would like to be a statesman, but not a politician because I don’t want to become a whore. Ronald Reagan was right when he said: “They say politics is the second oldest profession. And I have been around it long enough to know it has a great deal in common with the oldest profession.”

But instead of working, what is Jay’s favorite place to pass time, when he has no deadlines and no places to be? Jay said “I don’t know. I have never been there and done that.  Seriously, with the limited “off time” I have, I love to spend it in my wife’s home town of Cascais in Portugal, along the ocean and into the mountains along the coast.”

What is the next step in your radio career or audience?  What changes would he like to make in the future? He said “My market is everyone who cares about maintaining and building their wealth. Americans need to know they are being deceived by the ruling elite who use clever propaganda including gold price manipulation in London and New York to convince citizens not to exchange their paper dollars into gold. But there is going to be a day of reckoning in America and I fear it is very soon to come. My market is all those who will listen to this message and that includes all Americans and anyone in the world who allows themselves to think outside of the box the establishment would keep them in.”

Jay Taylor

Jay Taylor’s show will explain the real underlying causes for plunging stock prices, plunging home prices and growing unemployment. By correctly diagnosing the cause of America’s economic decline, rather than listening to excuses from Wall Street and Washington, Jay will offer winning investment ideas to protect and increase wealth. Topics to be discussed will include the cause of the decline of: our monetary system and our economy, the housing markets, the equity markets, and commodities, Why gold and silver are rising in value and how investors can profit from the direction of these markets through specific stocks, ETF’s and precious metals will also be discussed. Turning Hard Times into Good Times is broadcast live every Tuesday at 12 Noon Pacific Time on the VoiceAmerica Business Channel.

Hurricane Force Winds May Cause Ben’s Helicopter to Crash! PART II BY JAY TAYLOR

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Hurricane Force Winds May Cause Ben’s Helicopter to Crash! PART II BY JAY TAYLOR

hurricane and money

But getting back to the U.S. Treasuries and why Bernanke may be losing control of that market and as an extension of the global financial system, here are the points that need to be made:

  • Up until now, the Fed had been able to pick up the slack as foreigners sold U.S. Treasuries. The $85 billion per month of purchases in U.S. Treasuries and mortgage-backed securities was sufficient to keep the prices of those Treasuries up and to keep interest rates at very low levels.
  • The U.S. is continuing to run huge deficits to finance all manner of unaffordable military excursions overseas and socialism here at home. The political will to cut back on expenditures to levels that can be funded from global savings simply does not exist nor do our brilliant Ivy League educated politicians and economists believe that is what we should do. So Mr. Bernanke must continue to print money to buy U.S. debt since no one in their right mind wants to buy it at current interest rates. And obviously, if Bernanke left rates rise to their true market levels as Volcker did in 1980, we would enter a depression much more severe than that of the 1930s.
  • The Fed is now like a mouse on a treadmill! While Mr. Bernanke recently said that the Fed would, depending on economic data, begin tapering down the purchases of U.S. Treasuries and mortgage-backed securities by the end of 2014, we can expect that he as well as his successor will buy even more than the current $85 billion at a faster and faster rate, in an effort to continue their failed policy. James Turk compared the Fed now to being like “mice on a treadmill.”
  • The fraudulent U.S. Dollar CON GAME will become more and more difficult for Mr. Bernanke or his successor to sell, as the Fed chairman will be increasingly seen as the “Naked Emperor.” At the moment, with the markets in decline, the dollar has gotten stronger. But if the misguided Keynesian money printing and deficit spending policies continue, at some point there will be a huge run on the dollar, although we will need to see other currencies go first. The dollar will likely be the last fiat currency standing, at least in the Western world. And in fact, the Russians and Chinese, who already see the handwriting on the wall for the dollar, have been building huge gold reserves in anticipation of the dollar’s date with death.

Of course what we are seeing now in the markets is just the tip of a gigantic iceberg of way too much debt that cannot be paid by any stretch of the imagination. James Turk pointed out in an interview with King World News the following problems that are bubbling up under the surface that should make us all very fearful of what is to come:

  • Thomas Hoenig, the vice chairman of the FDIC, described Deutsche Bank as “horribly undercapitalized.” But he also named a slew of other major companies, like UBS, Morgan Stanley, Crédit Agricole, and Société Générale, as banks skating on thin ice.
  • Mario Draghi, head of the ECB, is now saying they will do whatever is necessary, even though whatever the ECB does “may have unintended consequences.”

Meanwhile, recent economics news—even using the government’s sugarcoated stats—was abysmal. Real average hourly earnings for all employees fell 0.2% in May. Now we know that those are phony numbers because, based on the work of economist John Williams, the actual cost of staying alive is far above the 1.7% CPI numbers the government conveniently manufactures. The real cost of living increase for average Americans is more like 7% to 9%. If you factor those numbers into the equation, you can see why a chart of the real median household income using John Williams’s inflation numbers looks a lot more like the consumer confidence chart than the inflated take-home numbers the government gives us.

The mainstream media, which is bought and paid for by the same people who own the Federal Reserve Bank and our government, will try to put a happy face on rising rates by saying it is a result of a stronger economy. Nothing could be further from the truth, but in order to continue the con game, the establishment has to act like they know what is going on.

It is interesting to note that a host of people believe the bull market in long-dated Treasury bull market that was set up by the last Federal Reserve chairman to respect the markets, namely, Paul Volcker, is coming to an end. Not only is it interesting but it also represents what could be the biggest turning point in American economic history since the Civil War. What is impressive is that both those on the hyperinflationary side as well on as the deflationary side believe we are at a turning point. 

 

Jay Taylor

www.jaytaylormedia.com

www.miningstocks.com

Jay Taylor Host of Turning Hard Times Into Good Times   Jay Taylor is the host of Turning Hard Times Into Good Times on the VoiceAmerica Business Channel.  The insights provided to Jay came from a history professor in 1967 who advised Jay that when countries go off a gold or silver standard, hard economic times are sure to follow because nations begin to think they do not need to work hard and save to enjoy a better life. Indeed there is no free lunch and a gold standard reminds people of that every day.  Jay watched his professor’s prophetic words come true when in 1971, President Nixon completely detached the dollar from gold. Not surprising to Jay, the price of gold skyrocketed in the late 1970s as inflation wiped out vast amounts of wealth from average Americans. To protect his own wealth Jay began to invest in gold and gold mining shares and in 1981 he began sharing his success and insights in his newsletter. In 1981 Jay began writing a subscription newsletter that has earned his subscribers countless thousands of dollars over the years.  Jay’s insights as to the real cause of our problems has enabled him to find investment strategies that work. Diagnose a problem correctly and you have a chance for success.

 

Hurricane Force Winds May Cause Ben’s Helicopter to Crash! PART I BY JAY TAYLOR

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Hurricane Force Winds May Cause Ben’s Helicopter to Crash! PART I BY JAY TAYLOR

hurricane and money 

 

“If creating wealth by printing money is so easy, then why should any of us work?” Ron Paul and other Austrian economic thinkers have been asking that question but never getting an answer from the proponents of absurd Keynesian theory.

jay taylor graph

 While those of us who believe that wealth is created through free market capitalism and not the activities of the state, market forces, which are the ultimate purveyor of truth in this four dimensional world  may be about to hammer some sense into the dense heads of Keynesian communists like Paul Krugman and Ben Bernanke. I say that because there is growing evidence now that Bernanke may be losing control of the bond markets. And from there, he could ultimately lose control of the dollar.

 Paul Volcker was a much more honest Fed chairman than the two that followed him. When asked how he knew what to do as Fed chairman, he said, “I simply followed the market.” Indeed that is a point that Bob Hoye has constantly been making. The Fed is never in charge, at least to the degree it seems to be or to the degree it wants you to believe it is. Our current policymakers want you to think they are the gods of the universe and that you should relinquish your freedom and autonomy to them.

 But in fact, the long-term interest rates are not now cooperating with the Fed. And even the housing recovery, phony as it has been (artificial low rates, U.S. purchases of mortgages, and 80% of failed mortgages kept off the market by the banksters) may now be poised for another plunge into the earth if rates continue to rise.

 Why are interest rates heading higher in light of a slowing economy not only in the U.S. but even more so around the world? A recent Treasury TIC report may be the “canary in the coal mine” that is providing a lethal answer. Here are some details that came out in the latest report dated June 14, 2013, which you can read at http://ow.ly/me0x5:

  • Foreign residents decreased their holdings of long-term U.S. securities in April – net sales were $24.8 billion. Net sales by private foreign investors were $17.8 billion, and net sales by foreign official institutions were $6.9 billion.
  • At the same time, U.S. residents increased their holdings of long-term foreign securities, with net purchases of $12.6 billion.
  • Taking into account transactions in both foreign and U.S. securities, the net foreign purchases of long-term securities were negative $37.3 billion. After including adjustments, such as estimates of unrecorded principal payments to foreigners on U.S. asset-backed securities, the overall net foreign acquisition of long-term securities is estimated to have been negative $57.1 billion in April.
  • Foreign residents decreased their holdings of U.S. Treasury bills by $15.1 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $30.1 billion.

 Jamie Dimon, JPMorgan’s chairman, says the bank can make boatloads of money when interest rates go up. But as Rick Santelli recently asked on CNBC, “Who is funding Mr. Dimon’s book when Treasury rates rise?” because as they rise there will be huge losses at banks. Rick rightfully suggested that there will be huge losses at banks that are holding massive amounts of Treasuries that Mr. Bernanke printed money for them to buy that debt with. And this final statement in the last Treasury TIC report sums it up:

“Banks’ own net dollar-denominated liabilities to foreign residents increased by $99.9 billion.”

So while most of the world is running from the highly-rigged U.S. Treasury market because it is one of the dumbest investments any person could make, U.S. banks are still buying them up. Of course, when the banks lose money, they know they can always depend on the Fed to rob the American people either through “bail outs” or “bail ins.” I will talk more about the upcoming “bail ins,” which threaten all of us, big time!

 

Jay Taylor

www.jaytaylormedia.com

 

www.miningstocks.com

Jay Taylor Host of Turning Hard Times Into Good Times   Jay Taylor is the host of Turning Hard Times Into Good Times on the VoiceAmerica Business Channel.  The insights provided to Jay came from a history professor in 1967 who advised Jay that when countries go off a gold or silver standard, hard economic times are sure to follow because nations begin to think they do not need to work hard and save to enjoy a better life. Indeed there is no free lunch and a gold standard reminds people of that every day.  Jay watched his professor’s prophetic words come true when in 1971, President Nixon completely detached the dollar from gold. Not surprising to Jay, the price of gold skyrocketed in the late 1970s as inflation wiped out vast amounts of wealth from average Americans. To protect his own wealth Jay began to invest in gold and gold mining shares and in 1981 he began sharing his success and insights in his newsletter. In 1981 Jay began writing a subscription newsletter that has earned his subscribers countless thousands of dollars over the years.  Jay’s insights as to the real cause of our problems has enabled him to find investment strategies that work. Diagnose a problem correctly and you have a chance for success.

 

Propaganda Artists and Fiat Money! All This Is Bullish for Gold BY JAY TAYLOR

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Propaganda Artists and Fiat Money! All This Is Bullish for Gold BY JAY TAYLOR

china-gold1 

While the propaganda artists in America try to get you to keep your money in the bank where they can take part of it from time to time “for your own good,” Chinese people are not so trusting of their governments. The chart below should be seen as a barometer for trouble brewing in the international markets. Look at the enormous amount of gold that is being purchased in China compared to the amount of gold that is being produced from the mines. The amount of physical gold being taken off the markets, especially as the yellow metal declines, is a statement of “no confidence” in the existing established monetary order. The Chinese know, as most humans do who have not been deprogrammed to think otherwise, that gold is the eternal store of value and that politicians use fiat money as a means of theft. The Chinese know that. Americans are about to learn that very soon!

graph 1 - jt

Meanwhile, the Indian government, for fear it will lose control of its ability to use fiat money to rob its populace, is apparently trying to shut down gold buying in India: “India’s Reliance Capital Suspends Gold Sales” http://t.co/RF278yEzVY.

Pinocchio’s nose is getting longer and longer. The day is coming when people around the world will recognize the big lie and honest money. For now, what we all need to do is vote with our feet and to the extent possible opt out of the system by putting cash under the mattress or in some safe place, and of course with the cash you don’t need for transactional purposes, exchange it for real money, namely, gold and silver, which cannot be printed out of existence as Mr. Bernanke is now doing with the dollar. 

So what is the downside for gold and gold shares? Charles Nenner’s downside target has been met but he is not quite yet ready to go long on gold. It could be that we meander around these levels for a bit longer. But whether you are talking about gold or gold shares, a look at the gold share chart above suggests to me the downside is very, very minimal. At the same time, the upside potential for the shares and bullion, given all the problems in the global economy is absolutely enormous. The risk/reward for gold and gold shares, compared to stock, has not been this favorable for quite a few years.

 

Jay Taylor
www.jaytaylormedia.com
www.miningstocks.com

Jay Taylor Host of Turning Hard Times Into Good Times   Jay Taylor is the host of Turning Hard Times Into Good Times on the VoiceAmerica Business Channel.  The insights provided to Jay came from a history professor in 1967 who advised Jay that when countries go off a gold or silver standard, hard economic times are sure to follow because nations begin to think they do not need to work hard and save to enjoy a better life. Indeed there is no free lunch and a gold standard reminds people of that every day.  Jay watched his professor’s prophetic words come true when in 1971, President Nixon completely detached the dollar from gold. Not surprising to Jay, the price of gold skyrocketed in the late 1970s as inflation wiped out vast amounts of wealth from average Americans. To protect his own wealth Jay began to invest in gold and gold mining shares and in 1981 he began sharing his success and insights in his newsletter. In 1981 Jay began writing a subscription newsletter that has earned his subscribers countless thousands of dollars over the years.  Jay’s insights as to the real cause of our problems has enabled him to find investment strategies that work. Diagnose a problem correctly and you have a chance for success. 

 

The American Empire…RIP BY JAY TAYLOR

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The American Empire…RIP BY JAY TAYLOR

american empire, voiceamerica

Len Lamensdorf and Dr. Karen Hudes were first time guests of my radio show on June 11, 2013.  America’s Founders never desired an empire. But thanks to international banking interests who created the Federal Reserve to clandestinely finance a government never voted for by “the people,” America is now a global empire. Lamensdorf sees ever more prevalent signs a declining American empire amid growing signs of corruption correlated with the love of money and power.

What are the signs that the U.S. Empire is on the wane and what can we do about it?

Dr. Karen Hudes, Senior Counsel for the World Bank legal department reported corruption to US Congress, the World Bank’s other member countries and the public.  She has blown the whistle on a massive corruption scheme at the World Bank, an institution of spoils to the victors of World War II.  Dr. Hudes is concerned the demise of the U.S. dollar as the world’s reserve currency could result from that behavior and with that, quicken America’s decline.  The U.S. is losing its credibility with other countries and the denial of the U.S. to deliver the gold that Germany owns and has requested to have returned to them, only adds to the loss of credibility of the U.S.   This loss is becoming irreversible.  Why will the U.S. take seven years to complete the return of this gold to its rightful owner?  What games are being played by the U.S. and where is all the gold?  Has it been leased at lower prices than the current price of gold?  Is that why the U.S. can’t return the gold to Germany right away?

Indeed, it is interesting to see the trend away from the dollar and the euro toward gold and “other” currencies as currency reserves over the past six years.  From charts provided by The World Gold Council and the IMF, we can see that gold has risen as a reserve asset from 10.45% in 2006 to 12.79% in 2012, while the dollar shrunk from 36.64% to 28.71% and the Euro decreased from 14.04% to 11.63% during that same time frame.  In addition to gold, “other” currencies are also being used to replace the main western currencies that are rapidly being debased with endless trillions of new units of supply while their economies remain stagnant.  This is in agreement with Dr. Hudes’ statement that the BRIC countries are establishing their own separate development bank that is going to be used to barter their trade and then export their surplus dollars to the U.S., thereby making the dollar trade less relevant.

Through her work, Dr. Hudes believes we are on track for a rule of law and approaching the time when we have a rule of law solution and the cover-up is disclosed.  What concerns me is that the rule of law has been broken and that we have lost all that has been dear and precious to Americans.   Are we too far down the road to have the rule of law reinstated and have we become the new Roman Empire on its road to destruction?

 

Jay Taylor Host of Turning Hard Times Into Good Times   Jay Taylor is the host of Turning Hard Times Into Good Times on the VoiceAmerica Business Channel  and has been able to more than double his newsletter’s model portfolio from 2000 to the present even as the S&P 500 was in the process of losing 50% of its value!  The insights provided to Jay came from a history professor in 1967 who advised Jay that when countries go off a gold or silver standard, hard economic times are sure to follow because nations begin to think they do not need to work hard and save to enjoy a better life. Indeed there is no free lunch and a gold standard reminds people of that every day.  Jay watched his professor’s prophetic words come true when in 1971, President Nixon completely detached the dollar from gold. Not surprising to Jay, the price of gold skyrocketed in the late 1970s as inflation wiped out vast amounts of wealth from average Americans. To protect his own wealth Jay began to invest in gold and gold mining shares and in 1981 he began sharing his success and insights in his newsletter. In 1981 Jay began writing a subscription newsletter that has earned his subscribers countless thousands of dollars over the years.  Jay’s insights as to the real cause of our problems has enabled him to find investment strategies that work. Diagnose a problem correctly and you have a chance for success. Diagnose a problem incorrectly as the establishment does and you are surail.    

 

A Gradual Recovery or a Spike Back Up? BY JAY TAYLOR

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A Gradual Recovery or a Spike Back Up? BY JAY TAYLOR

gold-brick
Normally, one would expect a period of healthy consolidation before gold regains its lost luster since $1,900. But these are anything but normal times. There is little doubt in my mind, in part based on what Alasdair MacLeod from Goldmoney has written and based on many years of documentation by GATA, that the gold markets are manipulated by a handful of powerful bullion banks that not only have endless amounts of paper money on their side to sell these markets short,  but they also get taxpayers to bail them out when they screw up and lose money. And as recently observed, these criminals are “too big to jail.” Powerful interests on the part of these Wall Street thieves want to continue to con the majority of the world’s population into buying their con story that a dollar backed by nothing is better than a dollar backed by gold. It is a game that will ultimately end in tears, even for the perpetrators of this crime against the American people. But I remain agnostic with respect to whether or not we will see a sudden snap back as the world begins to understand the fraud of our policymakers and banksters. The establishment will continue to hang on to their scheme of legalized theft as long as they can, which means they will try to talk down or manipulate the price of gold and take it out of the hearts and minds of as many people as possible, for as long as possible. But ultimately, as the Soviet Union proved, markets will prevail. For now, I leave it to the brilliance of others, such as a quant like Charles Nenner who says we are very close to a bottom in gold and James Sinclair who thinks gold is heading to several thousands of dollars per ounce.

 

Jay Taylor

jaytaylormedia.com

Host of Turning Hard Times Into Good Times  

 

Jay Taylor is the host of Turning Hard Times Into Good Times on the VoiceAmerica Business Channel  and has been able to more than double his newsletter’s model portfolio from 2000 to the present even as the S&P 500 was in the process of losing 50% of its value!  The insights provided to Jay came from a history professor in 1967 who advised Jay that when countries go off a gold or silver standard, hard economic times are sure to follow because nations begin to think they do not need to work hard and save to enjoy a better life. Indeed there is no free lunch and a gold standard reminds people of that every day.  Jay watched his professor’s prophetic words come true when in 1971, President Nixon completely detached the dollar from gold. Not surprising to Jay, the price of gold skyrocketed in the late 1970s as inflation wiped out vast amounts of wealth from average Americans. To protect his own wealth Jay began to invest in gold and gold mining shares and in 1981 he began sharing his success and insights in his newsletter. In 1981 Jay began writing a subscription newsletter that has earned his subscribers countless thousands of dollars over the years.  Jay’s insights as to the real cause of our problems has enabled him to find investment strategies that work. Diagnose a problem correctly and you have a chance for success. Diagnose a problem incorrectly as the establishment does and you are surail.

Wall Street Parties While the Economy Burns BY JAY TAYLOR

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The Federal Reserve continues to succeed in its unstated goals of bailing out its shareholder banks and pick the pockets of average Americans. Asset prices are breaking out above the pennant formation in my IDW as noted above.  But the Fed is engaging in a systemic theft that is serving its shareholders by removing wealth from average Americans to provide cheap funding for the banks. As David Stockman pointed out, by keeping interest rates at zero compared to more normal market rates, the Fed is reallocating upwards to $500 billion per year from the pockets of average Americans to the banks by reducing bank funding costs. Of course, for now, the opposite is true for gold and gold mining shares. But there is no doubt in my mind that much of the downturn in gold and silver is orchestrated by the Fed. I would encourage you to read an article from King World News that quotes famous trader Dan Norcini (see below). Because so much of our markets are based on “animal spirits” and not reality, the markets can swing by billions of dollars in minutes by a few key words from Chairman Bernanke. The power of this man to move wealth from one group of people to another would impress all of the most powerful dictators in history. Meanwhile, reports I am hearing even from the mainstream is that record amounts of gold are being purchased by China and India and that physical demand for coins remains extremely strong. There is by all reports a huge disconnect between the paper markets and the physical markets. But as Ted Butler said on my radio show, the turn in gold and especially silver looks like it is very near. Ted makes that statement on the basis that the bullion banks have the smallest short position he has seen in a long time. When the major bullion banks headed by J.P. Morgan take a large short position in gold and silver, the price of gold and silver decline big time. When they have small short positions, that is almost always a very bullish sign. Ted’s view of the markets is in sync with Charles Nenner who is still calling for a bottom and a bull run for both gold and silver by mid to end of June. So we should be only a couple weeks away from happier days.  

 

Jay Taylor

jaytaylormedia.com

Host of Turning Hard Times Into Good Times  

 

Jay Taylor is the host of Turning Hard Times Into Good Times on the VoiceAmerica Business Channel  and has been able to more than double his newsletter’s model portfolio from 2000 to the present even as the S&P 500 was in the process of losing 50% of its value!  The insights provided to Jay came from a history professor in 1967 who advised Jay that when countries go off a gold or silver standard, hard economic times are sure to follow because nations begin to think they do not need to work hard and save to enjoy a better life. Indeed there is no free lunch and a gold standard reminds people of that every day.  Jay watched his professor’s prophetic words come true when in 1971, President Nixon completely detached the dollar from gold. Not surprising to Jay, the price of gold skyrocketed in the late 1970s as inflation wiped out vast amounts of wealth from average Americans. To protect his own wealth Jay began to invest in gold and gold mining shares and in 1981 he began sharing his success and insights in his newsletter. In 1981 Jay began writing a subscription newsletter that has earned his subscribers countless thousands of dollars over the years.  Jay’s insights as to the real cause of our problems has enabled him to find investment strategies that work. Diagnose a problem correctly and you have a chance for success. Diagnose a problem incorrectly as the establishment does and you are surail. 

 

 

An Honest Look at the U.S. Economy & Gold BY JAY TAYLOR

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An Honest Look at the U.S. Economy & Gold BY JAY TAYLOR

uncle sam, jay taylor, voiceamerica

Since our Western secular society now assumes there is no God, the logical conclusion then is that we need to place our trust in the smartest humans on the face of the earth who we will honor by handing them wealth and power over us. The elites become our “lords.”  In other words, we Americans are back to where we were prior to 1776!

This move away from the monotheistic roots of Western civilization is, I believe, very much at the heart of the decline of Western civilization and why we in the U.S. and   the Western world as a whole are moving rapidly toward dictatorship. The move away from our Judeo-Christian roots has been accomplished the way the Fabian Socialists have   always wanted to move us toward an elitist dictatorship with themselves in charge—by “education” rather than through the barrel of a gun. In fact the Fabians, which were begun by British elitists Sidney and Beatrice Webb and George Bernard Shaw in Surrey, England, formed this organization with the intent of creating global socialism. John Maynard Keynes pictured on your left was a Fabian Socialist and of course the person pictured next to him is President Franklin D. Roosevelt whose socialist philosophy in the 1930s started America on the road to serfdom that is now starting to become much more intense as the 1% at the top—the folks these elitists really and truly are protecting—parasitically remove wealth from those who earn it to themselves in the banking system and government. (For an excellent introduction to the Fabian Socialists I strongly suggest you read The Creature from Jekyll Island, by Edward Griffin.)

The move toward placing our trust in a group of self-proclaimed elite humans with fancy degrees from fancy universities behind their names was enabled to a very great extent by Darwinian evolutionists. If we simply evolve instead of being created, then there is no purpose to our lives other than to serve the State and depend on the State, like indentured servants. This concept as to whether we have been created by a Creator or simply evolved by accident is, in my view, such an extraordinarily important “first principle,” that I have had mainstream scientists like former MIT Professor and nuclear physicist Dr. Gerald L. Schroeder and astronomer Dr. Hugh Ross on my radio show to talk from a solid scientific viewpoint about creationism. Either it’s true or it’s not. If it’s not true, then we can only place our hope in dictators. The ruling elite (Fabians and others) want you to discount the notion of a Creator so you hand over power to them.

The anti-creation propaganda is just one example of propaganda established by a ruling elite, albeit a most important foundational belief system. On a more ongoing basis, the biggest lies being told are in the area of economics, starting with that suggested by President Roosevelt: “We have nothing to fear but fear itself.” What absolute nonsense that was! In the 1930s as now, people had good legitimate reasons to have fear, most significant of which was the poverty during the Great Depression. But along with this notion that fear is our enemy and not circumstances around us came another horrible lie from John Maynard Keynes that all we had to do was keep the animal spirits alive in the human being and that could be achieved by having government go into debt to stimulate the economy. But to keep the animal spirits alive, the news flow would have to be managed so as to manipulate people into having faith in their government masters.

Following the Lehman Brothers decline in 2008-09 the Fed began “printing” money at a pace never before seen in the history of humankind. That massive creation of fraudulent money is illustrated by the chart of the St. Louis Adjusted Monetary Base shown below.

In an effort to show the “brilliance” of our masters at the Fed, we have been assured that this policy is working, by a series of economic statistics such as: (1) new highs for Headline Real GDP Growth, (2) new highs for Real Retail Sales, (3) a well contained less-than-2% CPI; (4) a back-to-normal stress test showing banks are again in great shape, and (5) an unemployment rate that is still high but in decline.

But given consumer confidence numbers, we have to conclude that most Americans are not buying the propaganda given to them by their government. Why not?

I believe the reason they are not buying developing the animal spirits that Keynes suggested would follow excessive debt spending by government, funded by printing press money, is that the vast majority of Americans and Europeans too are hurting very badly from a financial point of view.

 

Jay Taylor

jaytaylormedia.com

Host of Turning Hard Times Into Good Times

 

Jay Taylor is the host of Turning Hard Times Into Good Times on the VoiceAmerica Business Channel  and has been able to more than double his newsletter’s model portfolio from 2000 to the present even as the S&P 500 was in the process of losing 50% of its value! 
The insights provided to Jay came from a history professor in 1967 who advised Jay that when countries go off a gold or silver standard, hard economic times are sure to follow because nations begin to think they do not need to work hard and save to enjoy a better life. Indeed there is no free lunch and a gold standard reminds people of that every day. 

Jay watched his professor’s prophetic words come true when in 1971, President Nixon completely detached the dollar from gold. Not surprising to Jay, the price of gold skyrocketed in the late 1970s as inflation wiped out vast amounts of wealth from average Americans. To protect his own wealth Jay began to invest in gold and gold mining shares and in 1981 he began sharing his success and insights in his newsletter. In 1981 Jay began writing a subscription newsletter that has earned his subscribers countless thousands of dollars over the years. 

Jay’s insights as to the real cause of our problems has enabled him to find investment strategies that work. Diagnose a problem correctly and you have a chance for success. 

 

 

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