FunnyMoney
26th September 2010, 11:19 AM
George Karahalios explains the volitile nature of gold, but also why it is such an important layer of protection.
The interview, which explains how our current "non"-free markets work and details the inflation / deflation debate, provides the reasons why George Karahalios believes inflation will win out but also how deflation could prevail at least for select periods of time.
Jim: How did we get into this mess and where is this mess leading us?
George: intervention... Greenspan ... irresponsible behavior... somehow justified actions... Asian currency pegs... leverage... cycles of money and growth... and more justification for outsourcing as bubbles inflate... Fed manipulation of markets... big money pushing paper... ... crashes and now more intervention... ...
But it seems from the interview that the only thing Karahalios may be missing is the true evil nature of the wealth transfers behind the manipulated economy in which we live; it's not misguided irresponsible behavior by central banks and govts but instead by design to fleece the working classes.
The entire must listen interview can be listened to on the Financial Sense Newshour
http://www.financialsensenewshour.com/broadcast/fsn2010-0925-3.mp3
James J Puplava CFP interviews George Karahalios at about 18 min. into the above broadcast regarding his recent article Imaginative Investing in a Surreal World ( http://www.financialsense.com/contributors/george-karahalios/imaginative-investing-in-a-surreal-world ) following another good interview with John Embry who gives predictions about silver and gold.
The interview, which explains how our current "non"-free markets work and details the inflation / deflation debate, provides the reasons why George Karahalios believes inflation will win out but also how deflation could prevail at least for select periods of time.
Jim: How did we get into this mess and where is this mess leading us?
George: intervention... Greenspan ... irresponsible behavior... somehow justified actions... Asian currency pegs... leverage... cycles of money and growth... and more justification for outsourcing as bubbles inflate... Fed manipulation of markets... big money pushing paper... ... crashes and now more intervention... ...
But it seems from the interview that the only thing Karahalios may be missing is the true evil nature of the wealth transfers behind the manipulated economy in which we live; it's not misguided irresponsible behavior by central banks and govts but instead by design to fleece the working classes.
The entire must listen interview can be listened to on the Financial Sense Newshour
http://www.financialsensenewshour.com/broadcast/fsn2010-0925-3.mp3
James J Puplava CFP interviews George Karahalios at about 18 min. into the above broadcast regarding his recent article Imaginative Investing in a Surreal World ( http://www.financialsense.com/contributors/george-karahalios/imaginative-investing-in-a-surreal-world ) following another good interview with John Embry who gives predictions about silver and gold.