The Wiggin Sessions

Byron King—Our Resident Gold and Mining Expert - EP10


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2020 was a volatile year. And both the pandemic and the political fireworks around the election have an influence on the value of the US dollar. Does that mean the value of precious metals is on the rise? And can gold still protect your wealth?

Byron King is a Harvard-trained biologist and former aide to the United States Chief of Naval Operations. He is also our resident gold and mining expert and Managing Editor of Whiskey & Gunpowder.

On this pre-election episode of The Wiggin Sessions, Byron joins me to discuss the civil unrest surrounding the 2020 presidential election, explaining what we can learn from history about tearing down a country’s institutions and how the political turmoil might impact precious metals.

Byron shares the underreported story of how China’s factory shutdowns are ‘breaking the supply chain of the world’ and weighs in on why it’s crucial for the US and Canada to build its own rare earth industry. 

Listen in for Byron’s insight on what pumping money into the economy means for gold, where all that stimulus money is likely to go, and how long the dollar will remain the reserve currency of the world.

Key Takeaways  

Byron’s background as a geologist in the oil and gas industry, naval fighter pilot and writer

How the current political environment parallels that of the 1930’s and Byron’s concerns about stacking Congress and the Supreme Court

What we can learn from the French Revolution about the danger in tearing down institutions 

Why a country needs its strategic narrative

How Byron thinks about pumping money into the economy—historically and during the pandemic

Where the stimulus money is likely to go (e.g.: real estate, precious metals and paper assets)

Why people moving out of the cities is a long-term trend

The underreported story of how China’s factory shutdowns are breaking the supply chain of the world

Why it’s crucial for the US and Canada to build its own rare earth industry and what makes battery metals the way of the future

How our current circumstances (i.e.: civil unrest, low velocity of money) might impact the value of the dollar and what that means for gold

What might happen to the stock market in the aftermath of the presidential election

How long the dollar will remain the reserve currency of the world

Connect with Byron King

Whiskey & Gunpowder

Connect with Addison Wiggin

Consilience Financial

Be sure to follow The Wiggin Sessions on your socials. You can find me on—

Facebook @thewigginsessions

Instagram @thewigginsessions

Twitter @WigginSessions

Resources

John T. Flynn

Garet Garrett

National Industrial Recovery Act

  1. L. A. Schecter Poultry Corporation v. United States

The Roots of American Order by Russell Kirk

Edmund Burke

Howard Zinn

Federal Reserve Act

Jim Rickards

China’s Embargo on Lockheed Martin

Medallion Resources

Mountain Pass

Piedmont Limited

John Mauldin

Whiskey Rebellion

Bretton Woods System

...more
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The Wiggin SessionsBy Addison Wiggin

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