Skip to comments.The Financial System Needs CLT, ALT, DLT-Ty Andros--05.April.2012
Posted on 04/05/2012 11:47:33 AM PDT by appeal2
The Financial Survival Network presents another precious metals panic report:
Ty Andros, of Traderview and Tedbits, joins us for a precious metals crash report. Gold got slammed-down again, so Ty and I discuss the velocity of money, and the rapid rate at which it continues to fall. The central banks are continuing to print money, but they are actively buying in the futures exchanges. The Chinese have made an art of buying pullbacks, and the US is desperate to mask the monetization of debt. The Federal Reserve has been buying 60%to 90% of all the 10 and 30 year variety treasures, and Bernanke is now saying that gold is not money. Don't be fooled; gold is money! Precious metals have always had and will always have intrinsic value. Hold onto your physical metals because the central banks are trying to buy, buy, buy! YOU should take a page from the Feds book and buy, buy, buy physical holdings of precious metals too!
Listen to the Interview Here
That would be CTRL-ALT-DEL....three finger salute...............
The paradox of Fed printing is that it can cause velocity collapse and local pockets of deflation. A Biflationary Depression. http://www.futurnamics.com/biflation.php
That’s the problem.....all those ‘local pockets’ full of cash...................
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