Golden Minerals Company

Welcome To The ECU Silver Mining HUB On AGORACOM Edit this title from the Fast Facts Section

[VIDEO] Greenspan Comes Clean on Gold, Silver as "Premier Currency"

29/09/2016 9:11 AM
1
Share

The gold portion is fascinating as he is completely frank and honest in the value and behavior of Gold. He is mystified at its importance, but nevertheless does not deny its value. Not only does he explain its value, he poses the rhetorical question of "Why are major countries still hoarding it if it has no monetary value?" -Soren K.

From the Video

Greenspan Contradicts Himself out of the Gate

  1. He Calls Gold a "barbarous relic" in his book
  2. But advises holding it during times of turmoil when asked (almost under his breath)

Alan then Speaks Frankly

  • Gold and Silver are the "Premier Currencies"
  • "intrinsically money"
  • "Why do all of the developed countries have Gold reserves?"
  • without complete political integration, the Euro will fail

Gold Conversation starts at the 23 minute mark- Soren K.

The Fed is a Tool of the Pols and Banks

This is a man of great intellect and common sense. Yet his behavior during his tenure as Fed Chair contradicts his POV before and after that period. If a man as large in stature as Greenspan can be made to heel to the Politicians and their bettors: Can there be any doubt that the Fed is not a tool of the Pols and therefore of the owners of those Pols?

Good Luck

Please login to post a reply
gwr1
City
Rank
President
Activity Points
46618
Rating
Your Rating
Date Joined
01/06/2008
Social Links
Private Message
Golden Minerals Company
Symbol
AUM
Exchange
TSX
Shares
76,690,000
Industry
Metals & Minerals
Create a Post