Wed, 26 August 2015
Well I knew it was coming. I make some bold statements on yesterday’s show about the market, gold, inflation and government spending. I went "off script" if you want to refer to it that way, in an attempt to explain WHY many of the doom and gloom scenarios haven't come true.
I also took a jab at Peter Schiff for his incorrect prognostications about the market, gold and inflation.
This got a lot of people fired up. Frankly the TRUTH hurts. And when the truth runs contrary to our own understanding and/or belief, our natural inclination is to reject it out of hand. We hear what we want to hear and label the truth teller accordingly.
So today I take those critics to task on their comments.
We also discuss more on Venezuela. They're not having food riots as their people descend into starvation. It is a living breathing picture of what socialist policies do to a nation.
Don't miss this episode!