Palisades Gold Radio

Palisades Gold Radio


Byron King: Gold Investing – What Can Go Right, What Can Go Wrong

July 25, 2024

Tom welcomes a new guest, geologist and newsletter writer Byron King for a discussion on the culture of deception and misdirection in society. Byron, an Ivy League-educated geologist and retired U.S. Navy officer, shares his thoughts on society’s shift from rigor to oblivion due to the loss of clear enemies post-Cold War and the emergence of self-proclaimed elites with skewed realities.


The conversation covers various topics including lawfare, its application against political adversaries, and the expansion of heightened surveillance and arrests. They also discuss the geopolitical conflicts affecting the world, with implications for the US and Canada, and the historical context of the US dollar’s dominance in global trade and its role in inflation.


Byron expresses concern over potential consequences if the US faces a crisis managing these conflicts, which could result in economic instability and further inflation. They disucss the impact of Federal Reserve interest rate policy on the economy and gold market, as well as the increasing disparity between asset-owning versus non-asset-owning populations.


Byron also explores the undervaluation of mining industries, particularly those producing rare earth elements, due to cultural factors such as reliance on Chinese producers with low costs. Central banks’ increased gold buying, driven by de-dollarization and geopolitical events is also discussed. The world will continue to need base metals like high-grade copper which will necessitate the mining of lower-grade ores and increased prices.


Time Stamp References:
0:00 – Introduction
0:50 – Reality & Distortions
7:49 – Lawfare & Politics
13:23 – Truth, Media, & Events
21:15 – Honest Money & Living Well
27:24 – The West & Inflation
37:38 – Golden Awareness
42:57 – Fed’s Direction Now
45:30 – Manufacturing & Rural
54:05 – EV Demand & Rare Earths
1:00:06 – Mines & Timelines
1:07:19 – Conference Takeaways
1:14:28 – Wrap Up


Talking Points From This Episode



  • Society’s shift from rigor to oblivion due to loss of clear enemies and rise of self-appointed elites.
  • Increased demand for gold due to global de-dollarization and geopolitical conflicts, leading to potential economic instability.
  • The undervaluation of mining industries and the importance of investing in reputable companies despite political influences.

Guest Links:
Website: https://paradigmpressgroup.com/


Byron King has first-hand expertise and connections in important industries like commodities and defense. He literally goes the extra mile to bring you perspectives you won’t find anywhere else.


His insights have been featured on MSN Money, Marketwatch.com, Fox Business News, CNBC’s Squawk Box, Larry Kudlow, Glenn Beck and PBS’s NewsHour. He has also been published in the Financial Times, The Washington Post and The Wall Street Journal.


Byron graduated from Harvard University with a degree in geological sciences. He then went to work as a geologist for Gulf Oil Exploration and Production. Next came a tour as a flight officer for the U.S. Navy. At one point, he was an aide to the United States Chief of Naval Operations. After leaving active duty, Byron began practicing law.


In 2002, he started corresponding with the staff of The Daily Reckoning. His work was featured so frequently he was often called an “unpaid contributor.” When he officially joined the staff, he began criss-crossing the globe in search of the world’s best mining investment opportunities.


Even now Byron spends much of his time away from home, checking out remote exploration sites, mines, rigs and plants to bring you a first-hand account of almost every investment opportunity he recommends.


His way of breaking down technical language into everyday English has earned him a lot of fans. And you can count on him to give you the clearest picture of companies that make the world work.


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