With high inflation running rampant, Jake Ducey wanted to talk to me about my experience dealing with high inflation in the past—and what I'm doing now. That includes stacking savings in physical gold and silver bullion, of course, but the psychological preparation—independent thinking—is just as important. That took us through a discussion of Adam Smith's "invisible hand" and a defense of free enterprise (which it was Marx who called "Capitalism"). That might seem like a distraction, but is actually a powerful mental tool for independent speculators to keep in mind. As for profiting from what we see ahead, we talk about real assets, commodities, and the metals and mining stocks I specialize in. That includes the special case for uranium, but also copper, oil, and other commodities. Instead of a stock pick, we wrap up with my best tip for preparing psychologically for what's ahead.
