Wed, 24 March 2021
1664: Lumber Cost, Perseverance & the Coming Economic Collapse, How You Can Thrive When Oil Costs $200 a Barrel with Stephen Leeb
Too many people give up way too easily. If you want to thrive in the world and make a difference, you have to push through. You have to persevere in your ventures. That's going to mean tough times, but the end result is worth it. Jason Hartman delves into that in today's intro, as well as explaining why builders are having to trigger the Escalation Clause in their contracts with buyers in today's environment.
Then Jason talks with Stephen Leeb, author of the new book China's Rise and the New Age of Gold, as well as The Coming Economic Collapse, about why commodities are in such demand and what that means for investors moving forward. The two also examine how we're going to get 6.5 BILLION people into the middle class.
[3:19] Too many people give up too easily
[7:19] How the cost of lumber is impacting builders and sales contracts
[14:00] The reserve currency status of the USA
Stephen Leeb Interview:
[19:49] The world is at a turning point
[27:32] Real, physical assets are in short supply and GREAT demand in today's environment
[33:44] Gold has outperformed the S&P by 100% in the last 20 years