I joined Maurice Jackson of Proven and Probable to discuss the dangers building in the so-called emerging markets and why investors should be extremely careful before accepting the mainstream growth narrative.

We discuss why many of these countries are not truly emerging, how culture and institutions shape economic outcomes, the role of precious metals in protecting wealth, and how junior mining companies should be used within an investment portfolio.

Watch the full discussion below:

Key Takeaways

• Why many so-called emerging markets are not truly emerging.
• How culture, institutions, and incentives shape economic outcomes more than growth statistics.
• Why investors should be cautious about India and other Third World markets.
• How precious metals can help protect wealth in unstable societies.
• Which metals deserve attention and why.
• How junior mining companies can fit into a disciplined investment portfolio.
• Why Capitalism & Morality brings together speakers who challenge mainstream assumptions.