Thursday, December 23, 2010

10 great reasons to own gold and silver.

Here are ten great reasons to own gold and silver in the current economic climate.
I loosely created my video around this recent article by Eric Sprott
http://www.sprott.com/docs/Reports/re...

1. GOLD IS RETURNING TO ITS TRUE HISTORIC ROLE AS MONEY
2. THE INEVITABILITY OF A COLLAPSE IN THE U.S. DOLLAR
3. OTHER SIGNIFICANT WORLD CURRENCIES OFFER NO REFUGE
4. THE DESTRUCTION OF GOVERNMENT BALANCE SHEETS AND THE WIDESPREAD IMPLEMENTATION OF ZERO INTEREST RATE POLICies MAY ULTIMATELY RESULT IN HYPERINFLATION
5. THE TRUE IMPACT OF THE MALIGN SIDE OF DERIVATIVES HAS YET TO EXPRESS ITSELF
6. INVESTMENT DEMAND FOR GOLD IS RAPIDLY ACCELERATING BUT WE’RE ONLY IN THE EARLY STAGES OF THIS PHENOMENON
7. GROWING RECOGNITION THAT MANY PAPER GOLD PRODUCTS DO NOT HAVE THE GOLD BACKING
THAT THEY PURPORT TO HAVE
8. MINE SUPPLY IS NOT ANTICIPATED TO RISE FOR SEVERAL YEARS, IF AT ALL
9. CENTRAL BANKS ARE NEARING AN INFLECTION POINT WHERE THEY WILL NO LONGER BE IN A POSITION TO SUPPLY THE GOLD NECESSARY TO KEEP THE MARKET IN EQUILIBRIUM

Bob Chapman - Municipal Bonds in Probable Default

Bob Chapman on Radio Liberty 12-20-10

Bob Chapman - Our Economy & World Events

Mike Maloney with Max Keiser the Keiser Report: Cables, Crises & Cyber Currencies (E106)

his time, Max and Stacy talk about stock market riots, p2p currencies and the banking solvency crisis. In the second half, Max talks to Mike Maloney of goldsilver.com about currency crises, China's gold and the silver market.

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