An ethical person - like a politician, banker or lawyer - may know right from wrong, but unlike many of them, a moral person lives it. An Americanist first already knows that. Bankers and their government agents will always act in their own best interests. Any residual benefit flowing down to the citizens by happenstance will just be litter.
Wednesday, November 21, 2012
Hunt brothers sacrificed to save the US dollar says Mike Maloney
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Charleston Voice
Episode 72: Mike Maloney, founder of GoldSilver.com and author of the Guide to Investing in Gold and Silver talks to GoldMoney’s Alasdair Macleod. They discuss why gold is not in a bubble and talk about the potential for the silver price and how the end of the precious metals bull market in 1980 came about.
Maloney states that there will be a great financial crisis within this decade with the fear of subsequent political upheaval. Looking at the acceleration in the money supply both men agree that gold remains undervalued and under-owned. They talk about possible issues with gold ETFs and point out the need to own actual physical bullion instead of paper claims on gold in order to avoid counterparty risk. Maloney emphasises that compared to the bull market in the 1980s, the current bull market in gold is taking place on a global stage with much higher participation and therefore price potential. More>> Hunt brothers sacrificed to save the US dollar says Mike Maloney