This is the presentation Mike Maloney gave at a private wealth creation group in Puerto Rico. This is the most all-inclusive presentation I have ever seen and heard on this subject; it explains "why" the current global economic debt levels cannot be sustained. All this information is in his book, "Rich Dad’s Advisors: Guide to Investing In Gold and Silver: Everything You Need to Know to Profit from Precious Metals Now" If you want to protect your assets, follow Mike I read Mike's book two years ago and it has quite literally changed my life and my financial well being. Most of the folks I know are terrified of the future. .I look into my safe and see stacks of silver and know that the future is bright indeed..Mike Maloney will be a hero one day. For waking up as many people as he could before the oncoming collapse. To give us all a big chance at surviving and caring for our families during times when all the money we have worked so hard for, suddenly becomes worthless.The central banks will only do and only allow governments to do one thing to reduce the weight of debt, and that is to monetize it. They will never get behind outright default under any circumstance. Their complete existence depends on the people having only one means of trade, and that is a fiat currency. They would rather see a currency become worthless enough that no one can afford to purchase gold and silver. Fractional reserve
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Monday, November 7, 2011
Sunday, November 6, 2011
Bob Chapman - The Barry Paul Show - Nov. 3, 2011
Saturday, November 5, 2011
Bob Chapman on The Alex Jones show - 04 Nov 2011
Bob Chapman: Many US, UK and European Banks are Insolvent.... Greece is the experiment. They're gonna see how much shit those people can eat, then they're gonna liberate them with a loan when they turn to cannibalism and witchcraft - just short of them becoming self-sufficient.The AIG bailout was a pass through to those who bought credit default swaps (bets against the US housing market). The top 3 counterparties (beneficiaries of our tax money) of the AIG bailout were Goldman Sachs, Societe Generale, and Deutsche Bank. Also, Treasury Secretary, Hank Paulson, was former CEO of Goldman Sachs and sold $500 million in Goldman stock tax free when he took the job. He pushed the AIG bailout that went to Goldman Sachs' bets against our housing market and we paid for it.