Sunday, May 22, 2011

Gold and Silver will continue to outperform real estate

Richard Daughty aka The Mogambo Guru interviewed by Mike Maloney on the margin of the silver summit , about the Gold and Silver Fundamentals , and where he sees the prices of these two precious metals going from here , and his expectation for inflation , " we are all freaking doomed , it is going to get worse and worse and worse because inflation always follows the inflation in money supply , and the money supply right now is increase at a rate of 14 percent a year ! he said , anybody that is still a Keynesian today he must be insane ...it is going to get bad because there is not one single instance in the last 3000 years in history of mankind when this thing has ever worked out ,and I have a hard time believing that this time we gonna pull it off he added ...Gold and Silver will continue to outperform real estate

Gold and Silver are God's Money

Only Gold And Silver Can Be Real Money . The dollar and with it all paper money are quickly losing value and the whole debt crisis is emerging, Farming and Agriculture is a great way to be self sufficient and also Gold and Silver are Gods money and not the dollar or any other paper currency. Now is a good time to prepare and have a shift in values.My suggestion is to hoard physical gold and silver for the next two to 5 years and when the prices of gold and silver become astronomical in the range of $10000 an ounce for gold and $15000 an ounce for silver , to convert part of your gold and silver into real estate and especially into farmland , keep 50% of your gold and silver cause the prices are probably go even higher in the range of 50K to 80K an ounce for gold ...during the Weimer republic hyperinflation , people were able to buy whole blocks of real estate in the heart of Berlin for few ounces of Gold, history repeats itself as we know especially for those like Ben Bernanke who never learn their lesson

Bob Chapman - Erskine Radio - 05-22-2011

Bob Chapman thinks that Greece may default first , that the Maastricht treaty which meant one interest rate fits all was a disaster , the Spaniards are used to violence going back to the civil war , the riots in Spain may spread to Italy and probably all over Europe


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