The Cork Board

[investor15]

Hidden Secrets: Is $40,000 Gold Ridiculous?

October 22, 2013
Hosted by Jay Taylor

[Download MP3s: Hour 1: Hidden Secrets: Is $40,000 Gold Ridiculous? Hour 2: Hidden Secrets: Is $40,000 Gold Ridiculous? ] [itunes] [Bookmark Episode]

Michael Maloney visits for the first time to explain that what is touted as economic reality is largely a mirage. He explains why, since Nixon took us off the international gold standard, the detachment from the real economy to Wall Street and government theft is growing at an exponential rate of speed. But with the growth of fiat currency (currency forced on the population through the barrel of the government’s gun), the current gold price has become extremely cheap. Historically, when confidence has been lost in monetary system (1980 being the latest event), the price of gold has risen to twice its intrinsic value, measured relative to the post 2008-09 fiat currency growth explosion. If gold were to simply rise to its present intrinsic value. it would rocket to over $40,000! He is not predicting gold will rise to such a lofty level but he provides sound logic for it doing so and safe ways to own gold that may allow you turn hard economic times into good times.

http://www.voiceamerica.com/episode/73606/hidden-secrets-is-40000-gold-ridiculous/55187