You will lean how gold and Silver can take such a huge swing down and back up in three hours. Fascinating.
The red meat in this show is plentiful, including explaing like no other how the credit default swaps on mortgages that Goldman Sachs bet and were insured by AIG, ended with Goldman getting billions of taxpayer dollars. And,how Goldman created the money, as owners of the Fed, and purchased Treasury notes and this money given to AIG in the bailout. These guys are good!
What percentage of dollar loss does Mr. Bernanke consider harmful inflation? Hear Mr. Gause make an argument why mortgage rates will continue to go down.
The Fed announces today 700 Billion more newly created dollars to purchased mortgages that no one wants. Why? Because the smart money people know the dollar will be devastated in the years to come.
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