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Wednesday, October 26, 2011
Mike Maloney : When Money Dies
In this video excerpt from the Casey Research/Sprott Summit presentation entitled When Money Dies, Rich Dad advisor Michael Maloney , explains how money is created out of thin air , how it is all a gigantic scam a pyramid scheme , Actually a bank can do more than just loaning $90 of $100 deposit. They can create $900 in checkbook money on top of that initial $100 deposit, giving them $100 in cash, $900 loan asset, and $1,000 deposit liability. The $100 still covers their 10% reserve requirement, see? , Great presentation. Should be titled, 'Between Rock and Hard Thing'. Stop Debt addiction, face collapse. Borrow more, face inevitable and worse collapse. If this doesn't sound exactly like a drug habit...Mike Maloney really explained it so well.
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Mike Maloney
Bix Weir gold and silver prices are headed to the Moon
Bix Weir live from the Silver Summit , He explained the precious metal manipulation by the mega banks , why you should take advantage of these dips and load as much physical gold and silver as you can possibly afford the prices are going to the stratosphere and there is no stopping them once they take off , Bix is always fun to listen to, as his words and manner are quite encouraging The main thing is, it's playing out in front of our eyes now. Buy silver if you can,if you have the silver in your hand YOU have lost nothing and if you have it in the paper silver take delivery NOW!...at this point one can do the cost averaging or dont think about the price right now buy what you can afford..The leading banksters will lose nothing when the banks go down, only the bond holders & people will lose. They've made their money. The destruction of the banks, in fact, could allow them to hide their fraud. When the new gold based system is created, they will make a fortune with all the gold they bought and they will control it. He who owns the gold rules. Greenspan was knighted so he's following the satanist plan.
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BIX WEIR
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