Lyn Alden, Michael Oliver and Quinton Hennigh return on this week’s program.
America is supposed to be the leader of the capitalist world. But Lyn’s January 2022 Newsletter titled “The Capital Sponge” provides some hints as to why American capitalism has moved far away from true capitalism to a model more akin to fascism. Due to the growing political influence of America’s military industrial complex, the American economy has evolved more into a fascist economic model that no longer allows capital to freely flow to its most efficient use but flows instead into the hands of large corporations that form the military industrial complex and away from the middle class.
Lyn talks about the flows of capital into U.S. financial markets and how you might adjust your investments to profit from an inevitable flow out of the U.S. Michael presents his thoughts about various markets about to break through their technical floors and others that are threatening to burst through their technical ceilings. Quinton provides updates on the restart of exploration work on Irving Resources’ high-silica, high-grade epithermal gold and silver projects in Japan.