Debt Collapse - The Case For $20,000oz Gold

[PeacePlan]

http://www.youtube.com/watch?v=rljXFwdyHfg

[Seraphim]

I look forward to watching the presentation. Thank you.

[The Grinning Maniac]

When it comes to gold and silver, polished presentations with high production values in convention halls that look like they're hosting the "Tame the Cunt" seminar from Magnolia... make me nervous. *back away*

[hazek]

When it comes to gold and silver, polished presentations with high production values in convention halls that look like they're hosting the "Tame the Cunt" seminar from Magnolia... make me nervous. *back away*

As long as they don't try to defraud people with some shady PM product it can only help us to spread this info and continue to wake people up.

[cubical]

Bump this Aug 17.

[hazek]

Here it is:

http://www.youtube.com/watch?v=tj2s6vzErqY

[buck000]

Three minutes in, he says he worries about perpetuating misinformation, but at 0:0:37 he says that he Fed buys bonds directly from the Treasury. I thought that this was not (technically) true, QE involved buying bonds (with brand new CUSIPs) from 'primary dealers'...?

[hazek]

I watched all of it. I didn't like it as much because I thought although he was trying to explain all the right principles and what is really happening he wasn't the best presenter with a lot of unnecessary pauses and "uhm"s but also which is more important I felt like he failed to tie everything together in one concise big picture for people to really grasp.

For example he did a pretty good job on explaining how the currency is created but I felt like he failed to mention and explain what consequences this has on the economy in the bigger picture and why and how it will affect the price of PMs.

Another example would be his use of the words inflation, deflation, bubble, and collapse. I felt like wasn't careful enough using these broad words when explaining what precisely is happening/is likely to happen next and I feel like someone less economically literate then me will have a really tough time following and understanding and will just get overwhelmed and bored and tune out.


Overall the more info is out there the better and I'm also sure that his book is a lot better than this short presentation. But I wont be sharing the video on facebook because I don't want people to get bored and tune out of what is important information and potentially never try to learn about it again in the future.