Wednesday, October 12, 2011

Ron Hera : Fiat currency always die and goes to Zero

Kerry Lutz Interviews Ron Hera 10-12-2011 : Ron Hera of heraresearch.com joins us for a discussion of monetary mismanagement, fiat currency, why gold and silver are your best bets in this awful economic period. Ron states that we never really came out of the 2009 economic collapse and that we are headed for more rough economic waters. Ron’s background makes him ideally suited to discuss these issues. He’s a self described “escapee” from Silicon Valley, California. Originally a serial entrepreneur and private investor in communications software and mobile technology, Ron turned his attention to investing in natural resources, such as precious metals, after the dot-com bubble and stock market crash of 2000. He knows what he’s talking about so please pay attention.

Gold has been money for 6000 years

Bob Chapman - Financial Survival - 12 Oct 2011

Bob Chapman : Going back 6000 years Gold is the only money , all the currencies today are not worth Gold , and if you look over the past ten years you'll see each year versus nine major currencies gold outperformed each currency by at least 20 percent each year .....Buy gold coins when nobody wants them there will be a time when people will be rushing to gold and silver that there will be any to but for all of us , so buy now while still few people want them ....

Bank of America will be nationalized

Bob Chapman - THE POWER HOUR - October 11, 201

Bob Chapman : The Belgians are already bankrupt , France is not in that good shape either , Dexia used a lot of money to purchase municipals in the United States , the American public will have to pay for all the bad assets inside Bank of America just as what happened with Dexia in Europe


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