Sunday, August 1, 2010

Gold is the Currency of First Resort

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Max Keiser & Jim Willie

The two greatest minds in economic commentary today discuss the LMBA /Comex precious metals markets and the hidden US Treasury's monetization programs.

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Gold Promises & Currency Lies


By James West: The signals emanating from the global economic matrix that can be considered realistic, unbiased and leading indicate strongly that we're edging closer to another brink of some sort. Nobody can see over the edge, but if the last cataract shot by our collective connected market kayak is anything to go by, the Eskimo roll escape afforded by government counterfeiting (oops…I mean 'stimulus') is not likely to deliver us to any safe harbor.....read on