Business
Axel Merk returns and Lyn Alden appears for the first time. When gold was removed from monetary system in 1971, it opened the door to legal monetary counterfeit by the Fed to big banks and their large Wall Street and government related economists. With each credit cycle decline, a new wave of wealth is transferred to the privileged few causing the cost of living to rise much faster than middle class salaries. With each credit cycle larger than the last and with what is now shaping up as a depression akin to the 1930s or worse, America's middle class is in danger of largely disappearing with countless trillions of new money being created again primarily for the elite. We will ask Lyn to help us understand the emergence of this impending American economic tragedy and we will ask Axel to provide his analysis of various markets and how average folks can best prepare for survival and hopefully prosper in the midst of this impending economic depression.