Sunday, 21 August 2011

James G. Rickards talks to James Turk (FULL INTERVIEW)


James G. Rickards talks to James Turk

James G. Rickards ( www.tangentcapital.com ) and James Turk, Director of the GoldMoney Foundation, talk about the European sovereign debt crisis and the European Central Bank buying Italian bonds. They talk about the ECB’s role in the crisis and how it is becoming increasingly politicised, in contrast with its predecessor of sorts – the Bundesbank. They talk about the possible differences between Jean-Claude Trichet and his successor Mario Draghi. James Rickards explains how Europe is developing a common fiscal policy with a common Treasury, in the form of the European Financial Stability Facility (EFSF), which will dictate fiscal policy to many member countries – such as Greece – in exchange for rescue funds. Rickards is bullish on the euro, among other reasons because the eurosystem owns 10,000 tonnes of gold.

Rickards and Turk debate whether or not central banks really own the gold they claim to own, and talk about how the current currency war – with countries competing to see who can devalue their currencies the most – is a disastrous zero-sum game. They discuss the problems facing countries whose currencies are appreciating rapidly, such as Brazil and Switzerland, and what these countries might do to curb this appreciation.

They comment on the recent debt-ceiling debate and how the compromise reached, despite all the headlines, does not actually include any real cuts, including only cuts in proposed increases. Rickards mentions his four possible scenarios for the future of the international monetary system: SDR, gold, multiple reserve currencies or chaos.

They talk about the potential for hyperinflation as the US government continues to rely on debt, instead of revenue, to finance an increasing portion of its outlays. Jim Rickards sees the potential for both deflation and hyperinflation and explains that it will depend largely on the actions of the Fed, with Bernanke leaning more in the direction of more money printing.

They discuss South Korea’s recent acquisition of 25 tonnes of gold, as well as Indian and Chinese buying. Rickards explains that China is trying to bypass the world market by buying directly from miners.

James G. Rickards forthcoming book is: Currency Wars. The making of the next global crisis.

This interview was recorded on August 4 2011 in London.

Gold and silver from wall street to main street: Big to Small


Uploaded by cvenzke410 on Aug 20, 2011

Here is a very educational video that I had taken the time to conduct and assemble together.

Saturday, 20 August 2011

Marc Faber on Bloomberg - 19 Aug 2011


Uploaded by DoomBoomGloom on Aug 20, 2011

Go to http://marcfaberchannel.blogspot.com for details

Marc Faber on Bloomberg - 19 Aug 2011

Top 5 Suggestions For Investors: Marc Faber



Marc Faber's Top 5 Suggestions For Investors
Dr. Marc Faber spoke to to Jonathan Burton, of MarketWatch.com and he gave him 5 top suggestions for a safe investment . Dr Marc Faber is not happy at all of what he sees in the world economy with the exception of Asia where he is looking at dividend producing stocks ,he does not like the way the government around the globe are printing money as if there is no tomorrow , but he is actually more optimistic about stocks in relation with treasuries cash and other paper assets ( Cash is trash ) and he is obviously quite bullish on Gold but not ETF just physical Gold , he sees gold as an alternative currency developing instead of the US dollar :
1.) Avoid Treasuries.
2.) Cash is trash.
3.) Stocks offer some safety.
4.) Emerging markets will expand.
5.) Gold is worth its weight.

People rushing into gold to protect their money (19Aug11)


Uploaded by liarpoliticians on Aug 20, 2011

People are rushing into gold and other precious metals to protect their money from asset stripping crooked bankers, and the crooked politicians smashing the value of their savings and earnings, to save them and their crooked banking friends.

The financial crisis was designed by most the G20 countries, and is affecting those same G20 countries. It is the biggest theft in the history of mankind. Taxpayers are being looted to make bankers and politicians even richer.

Four Horsemen - Official Trailer


Uploaded by RenegadeEconomist on Aug 10, 2011

We will not return to 'business as usual'.
The Four Horsemen is an independent feature documentary which lifts the lid on how the world really works.

Demand the movie now: http://eventful.com/fourhorsemen
Website: http://www.fourhorsemenfilm.com
Official Facebook: http://facebook.com/fourhorsemenfilm

Coming Autumn 2011 #FourHorsemenFilm

Directed By: Ross Ashcroft

Featuring: Noam Chomsky, Max Keiser, Joseph Stiglitz, Prof. Herman Daly, Dr. Ha-Joon Chang, Simon Johnson, Michael Hudson, Colonel Lawrence Wilkerson, John Perkins, Tarek Al Diwany, Camila Batmanghelidjh, James Turk, David Morgan, Hugo Salinas Price and more...

Markets react to S & P Downgrade


Uploaded by SchiffReport on Aug 20, 2011

Schiff Report Video Blog August 20th 2011

Hong Kong Very Bullish with Gold & Silver

GERMANY HOT FOR GOLD & SILVER

$8000 Gold, up up and away: Bob Chapman


Bob Chapman on Alex Jones Show

KingWorldNews Interview With Andrew Maguire


Click Here For The King World News Interview With Andrew Maguire


Whistleblower & Independent London Metals Trader - Andrew has over 40 years experience as a metals trader and previously worked for Goldman Sachs. Last year Andrew Maguire went public in an exclusive King World News interview and disclosed his notification to the United States regulators at the Commodity Futures Trading Commission (CFTC) of fraud being committed and price manipulation in the international gold and silver markets. This put him at the center of a storm for exposing what could be the largest fraud in history involving countries, banks and government leaders.
His second exclusive KWN interview is available now.

http://www.kingworldnews.com

Chinese Businessmen Own Private Gold Mines in Africa


Uploaded by MalibuLimo on Aug 19, 2011

Trend for private business men heading in to Gold Mining has started, 2 words - Gold Rush