In this discussion with Maurice Jackson of Proven & Probable, I discuss Venezuela, the implosion of the Third World, and why political and social disorder create a strong argument for gold, precious metals, and junior mining.

Venezuela is not an isolated case. It shows what happens when weak institutions, socialism, corruption, currency collapse, and moral disorder converge. For investors, the lesson is clear: political decay destroys savings, but it can also create opportunities in hard assets and carefully selected resource companies.

Watch the full discussion below:

Key Takeaways

• Why Venezuela shows the danger of socialism, currency collapse, and institutional failure
• How Third World disorder strengthens the case for gold and precious metals
• Why investors must understand politics, incentives, and social decay before allocating capital
• How junior mining can offer opportunity when fiat systems and governments lose credibility
• Why disciplined speculation requires separating real value from fear, hype, and political noise