I joined Maurice Jackson of Proven and Probable to discuss gold, India, junior mining companies, and the dangers building in the so-called emerging markets.

We discuss why many emerging markets are not truly emerging, why India remains deeply misunderstood by Western investors, how gold functions in societies with low trust, and why junior resource stocks continue to offer opportunities for disciplined investors.

Watch the full discussion below:

Key Takeaways

• Why many so-called emerging markets are not truly emerging.
• Why India’s economic and institutional problems are much deeper than official narratives suggest.
• How gold functions as a refuge in societies where trust in institutions is weak.
• Why Western investors often misunderstand India and other Third World economies.
• How junior mining companies can offer opportunities when analyzed with discipline.
• Why culture, institutions, and incentives matter more than surface-level economic growth.