Tony G calls the clock TWICE!
Daily Archives: December 23, 2013
Global Economics, Global financial crisis, Gold, Silver, US Economy
John Rubino–The Money Melt Down
by click4silver • • 0 Comments
http://FinancialSurvivalNetwork.com presents
John and I connected to discuss the latest economic developments. His next book, co-written with GoldMoney’s James Turk will be released any day. John believes that bank lending is about to pick up big time. The reason is simple. Since at least the 1980s, US policy has been to convince us to borrow as much as possible on pretty much anything we could think of. This worked brilliantly until 2008, when homeowners, consumers and businesses hit a wall and private sector defaults began to exceed new loans. Another Great Depression was imminent.
But instead of allowing this natural cleansing process to run its course, governments around the world stepped into the breach themselves, borrowing tens of trillions of dollars to replace evaporating private sector debt. The idea, to the extent that there was one, was to buy time for traumatized consumers and businesses to relax a bit and start borrowing again. So sit back and watch the fun begin again.
Go to http://FinancialSurvivalNetwork.com for the latest info on the economy and precious metals markets
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Eric Sprott, Gold, Greg Hunter, Obamacare, Silver, USA Watchdog
Eric Sprott: 2014 Sends Gold North of $2,000 and Silver Over $50
by click4silver • • 0 Comments
http://usawatchdog.com/what-happens-w… CEO Eric Sprott of Sprott Asset Management predicts, “The price of gold and silver will both hit new highs in 2014. The price of gold goes north of $2,000, and silver will quickly go over $50. When it does, it will get a little crazy.” Sprott says, “They know a day of reckoning is coming, and they are setting up for it. . . . I am convinced some sovereign banking systems fail in 2014.” Join Greg Hunter of USAWatchdog.com as he goes One-on-One with $8 billion money manager Eric Sprott.
Federal Reserve, Gold, Gregory Mannarino, Silver
Bond Market Getting Hammered! Is A Stock Market Meltdown Next? By Gregory Mannarino
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