Sunday, January 22, 2012

Mike Maloney only Gold & Silver are money everything else is Currency

Mike Maloney : "Money has to be a store of value over a certain period of time only Gold and Silver are money everything else are Currency" "our fiat based currency system is designed to continually lose value because you have to expand the currency supply to pay the interest that is due on the currency supply " "the base money portion , the portion that the FED has direct influence over is only 6 percent of our currency supply , it is 3 trillion dollars , the number of dollars that exist is a reflection of total credit and that stands at 53 trillions " "gold and silver will do it , it is better to be way too early than one second too late "

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