Monday, October 24, 2011

James Turk : There is a financial Katrina coming

This interview was originally made on July 12, 2011.James Turk :Gold is in a 2nd stage of a bull market. We will see a more rapid price apriciaten than in the past years. Price target untill 2015: 8000 Dollar. Price manipulation has come to an end. Gold as natural alternative to currencies. Chances of hyperinflation 100%.Gold prohibition possible.There is a financial Katrina coming and you must not rely upon government promises, you must make your own preparations for your friends and your families.

They used to recommend having 10 to 20 percent of your portfolio in precious metals, but now I that figure should be closer 40 to 50 percent.  I just don't think the US economy will outgrow inflationary pressures on the dollar relative to the value of gold and silver in the next decade, ie the forseeable future. This will be reflected by poor performance in the equity markets.

Dominic Frisby interviews Nick Laird - 18 October 2011

Master charter Nick Laird talks to Dominic Frisby about his outlook for the gold market , Gold has a safe heaven status says Nick . They talk about the recent correction in the price of gold from all time nominal highs of 1.923$ per troy ounce and discuss the implications. Dominic points out that there hasn't been a 20% drop in the price of gold since 2008. Gold is not money it is a store of wealth says Nick Laird

Michael Maloney, speaks at the Casey Research/Sprott Summit

Michael Maloney , explains how money is created out of thin air , how it is all a gigantic scam a pyramid scheme , how all money is credit , what's the difference between money and currency , how We Pay Tax for the Privilege to Have Currency , how there is always more debt in the system than there is currency to pay out the debt , mathematically it is impossible to pay the debt , the whole system is doomed to collapse it is just a question of when not a question of IF ,

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

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