Richard Maybury and Dr. Quinton Hennigh return as guests on this week’s program.
The title of this week’s show is the main topic featured in Richard’s August 2021 monthly letter. Richard says he is 90% sure that the “Great Eruption” has begun. It will yield many bankruptcies, but also new fortunes among those who understand it. Richard says the three components of the “Great Eruption” are: 1) The “rebellion against the swamp,” 2) The new era of inflation, and 3) Cyberwar. Explanations of each component and the instability that comes with them will be explored with a focus on the new era of inflation. How bad will it get? Is hyper inflation a possibility? Will a currency reset coincide with the “Great Eruption?” Most importantly, how does Richard think those who are able to clearly envision the future direction of America can turn hard times into good times?
One possibility is to own companies that produce gold and silver, which the markets will eventually demand as money. Quinton updates us on one of your host’s favorite new gold producers, namely Novo Resources, that appears to be approaching optimization at its Beatons Creek gold mine in Australia. If so, these shares should be set for a nice ride to higher levels.
