Debt Collapse - The Case For $20,000 Gold





Mike Maloney's analysis has always been explicitly done and straightforward. This is a longer version of what he presented at the Russia's banking conference last year with more updates and details.


Some important catch within the video:
- Monetary Deflation, collapse of money supply
- Our current prosperity is borrowing from the future
- Deadcat bounce
- Real estates bubble in Las Vegas, Moscow, Singapore
- Market seeks fair value naturally but government always intervene
- New monetary system every 30-40 years
- Silver is 1/35 of gold and will move towards 1/5 of gold


I really learn a lot from him, his book, his videos, his blogs, you can tell from his passionate speech, how much he wants everyone to understand what the world is really happening.





Comments

  1. 如這一天出現....整個金融體糸將會 ..........

    ReplyDelete
  2. 有生之年可能有機會見到!

    ReplyDelete
  3. Anonymous22/8/11 13:22

    唔知真定假...Federal Reserve Admits: We Have No Gold !

    http://www.youtube.com/watch?v=0OkITedQrek&feature=related


    Silent

    ReplyDelete
  4. Will you sell your property if there's a real estate bubbles in near future ?

    ReplyDelete
  5. BJmom,

    For the property I am living in, there is no point to sell it out. If you read my other articles, I am not looking for profit from capital gain,but recurring income, especially in view of current devaluation of fiat currency and hyperinflation is anticipated.

    ReplyDelete

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