Tuesday, August 16, 2011

Mike Maloney: The Case For $20,000 Gold

Great video presentation by Mike Maloney that any long term investor should watch.

In this 90 minute presentation he lays down his 'most likely' scenario for the global economy over the next decade: 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.

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