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Page added on January 3, 2017
KunstlerCast — Byron King of Rickard’s Gold Investor
Today I’m chewing the gristle of finance with Byron King. Byron is a geologist who currently writes a newsletter, in association with economist Jim Rickards, entitled Rickards Gold Speculator with Byron King. It’s published by Agora Financial, of Baltimore, www.agorafinancial.com. Over the course if his career, Byron worked in the oil industry, and has had extensive experience with other natural resource sectors. He also served for over 30 years, active and reserve, in the US Navy. He holds degrees from the University of Pittsburgh, Harvard and the US Naval War College
Direct Download: http://traffic.libsyn.com/kunstlercast/KunstlerCast_285.mp3
13 Comments on "KunstlerCast — Byron King of Rickard’s Gold Investor"
Joe D on Wed, 4th Jan 2017 8:22 pm
Byron King, “Yeah, it’s gets away from the old concept of, you know, free market capitalism, that’s for sure. In the sense that, I mean it kind of goes back to the old days of the Soviet Union, you know when the state owns all the assets, what does it cost the State to do anything?”
Come on Mr. Kunstler, that’s when you tell him it costs the State ENERGY!
Mr. King, while studying Geology, did you take any Physics classes?
I am so sick of hearing the insane idea that MONEY is in control.
makati1 on Wed, 4th Jan 2017 8:33 pm
Joe, try buying something without money.
You will soon see just how much power/control money has when there isn’t any. Ask the few alive who survived the Great Depression how important having money is. LOL
BTW: There was plenty of everything then, except … money
Joe D on Sun, 8th Jan 2017 11:28 pm
mak, work on a coherent, lucid, intelligent thought and I’ll get back to you.
makati1 on Sun, 8th Jan 2017 11:41 pm
JoeD, as soon as you learn how to read so you can understand the ones I already sent. LMAO
GregT on Sun, 8th Jan 2017 11:47 pm
Give away all of your money Joe, and then get back to us as to how much energy you can acquire.
Joe D on Thu, 12th Jan 2017 10:25 pm
If money were in control, we would be able to buy our way out of our oil predicament, our economic predicament, our climate predicament, and so on. The only thing money has ever had control of is the mind of the human.
As far as how much energy I can acquire without money, ALL THE ENERGY I NEED. Do I need 200-300 energy slaves ~ around me daily to live? Vehicles, packaged meat, processed food, 2000 sq ft shelter, pollution, disease, climate change, extinction, and on and on.
Human labor is the most valuable commodity, and it is paid the least. Provide food, shelter, heat, etc. for yourself and you will know your value.
Introduce money to the human species and watch it annihilate itself.
makati1 on Thu, 12th Jan 2017 10:33 pm
Joe D, you ‘need’ those slaves if you live in the U$. Try to not use (connect to) them and see how fast the government comes down on you. Not so here in the Ps where there is still freedom. Many here live with no bank, utility, or even tax connections. They live much as you describe, but you cannot. At least not as long as the U$ has a functioning government.
GregT on Thu, 12th Jan 2017 10:55 pm
“Human labor is the most valuable commodity”
Well gee whiz Joe. Good to know. While we’re still on the subject, how much human labour do you think you could buy, with say, a Million dollars? I’m thinking a lot more than just basic food, shelter, and heat. But what do I know? You’re the expert.
GregT on Thu, 12th Jan 2017 11:25 pm
“If money were in control, we would be able to buy our way out of our oil predicament, our economic predicament, our climate predicament, and so on.”
If money wasn’t in control, we wouldn’t have an oil predicament, an economic predicament, or a climate predicament, and so on.
Don’t kid yourself Joe. Money is very much in control.
“As far as how much energy I can acquire without money, ALL THE ENERGY I NEED.”
Try living that lifestyle in much of the first world, and you’ll likely end up in jail, or dumpster diving and sleeping under a bridge.
Davy on Fri, 13th Jan 2017 6:20 am
You want to read a crock of shit.lol
“Try to not use (connect to) them and see how fast the government comes down on you. Not so here in the Ps where there is still freedom.”
Davy on Fri, 13th Jan 2017 6:22 am
Money is absolutely essential to the global economy. The global economy is absolutely essential to global food supply. Need I say more?
makati1 on Fri, 13th Jan 2017 6:50 am
Davy, the brown is beginning to show in your eyes, you are so full of shit. Denial of the fall of the U$ as being less than in the East is your weakness. You ASSUME that you will suffer less than those yellow people. LMAO.
Funny that money is definitely the ONLY source of the U$ food supply, (0.7% of the population as farmers) but it is NOT the source of the food supply in most of the world where farmers are still a high percentage of the population. Hard labor is their power, something lost in today’s America.
Davy on Fri, 13th Jan 2017 7:21 am
Get out of your low rent condo above 20MIL people in greater Makati, Manila, makati. Your pool time drinking your San Miguel and your weekly steak dinners are not reality. Go over to your fantasy farm and see how long that farm will last without money. I know you are rarely there if ever because you are here daily. You yourself have said there is no internet there. You can quit putting words in my mouth like “assume you will suffer less than those yellow people”, please reference where I said that. Why you can’t is because you made that up to make mask your failure of intellect from a lazy agenda. All you are about is an agenda of blame and complain. An agenda about how bad the west is and how wonderful the east is. This is an effort to talk yourself up and your life decisions not a reality. Your agendas are intellectually weak and have been a clear failure. Nearly every one of your predictions on the Brics, dollar, global military realities, and the economy have been a clear failure. Why (again), because you base these arguments on an agenda of competition between east and west with your side always winning. Instead of acknowledging a mixture of mutual successes and failures all within an interconnectedness of globalism. You want to frame everything as either us or you. We are big boys here makati not children. We know the difference. Please grow up and face reality. Reality is not always kind to us and especially you. You are an old man living in a faraway land on a social security check with no family to come to your aid. That is stupid in my book but maybe not in yours but please don’t ram your eastern agenda down my throat. You have been doing this going on 4 years now. Go over and start working on your fantasy farm before it is too late.