Mike Maloney is the author of the world's best selling book on precious
metals investing. Since 2003 he has been advocating gold and silver as
the ultimate means of protecting wealth from the games played by our
governments and banking sector. In this 90 minute presentation he lays
down his 'most likely' scenario for the global economy over the next
deacde...short term deflation, followed by big or even hyperinflation.
Here you will learn the true definitions of inflation/deflation, the
difference between currency and money, price vs value, 'Wealth Cycles',
gold and silver accounting for the expansion of fiat currency, gold and
silver supply and demand, the differences between the today's bull
market and that of the 1970s, The Debt Collapse, and more.
If you would like to know more check out Mike's websites
http://www.GoldSilver.com and
http://www.wealthcycles.com
Mike
sends out a free weekly newsletter from each of the above sites each
with valuable information on the economy and gold & silver, see you
there.
1 Comments in Response to Debt Collapse - $20,000 Gold (Publisher Recommended)
This is the best explanation I have seen yet about how our fiat currency works and how the expansion and contraction of the debt bubble creates the business cycle.