A reader recently reminded me of an interview I did with Alasdair MacLeod at the Hard Assets show in New York in May 2012. Here is a direct audio link. Commercials have been inserted in the clip in a couple of spots, but one is able to click ‘Skip Ad’ to by-pass quickly and continue.
At the time of our discussion on May 16, 2012, metal prices had just begun to roll over from their 2011 all-time-highs. The show was teeming with precious metal promoters predicting that the US dollar was collapsing. I was a rare non-believer and received regular hate mail for my views. After the past 2.5 years of extend and pretend policies in the finance sector, I think that our conversation on sober next steps remains relevant.