A clip from a much longer interview...
http://youtu.be/5V3kpKzd-Yw
Investor Kyle Bass discloses his discussion with a senior Obama admin about how this economic crisis is going to play out. The answer is to export our way out of this mess by making our exports cheaper by destroying the dollar in a global game of currency devaluation. This simply means that they are going to print more and more dollars until all of your purchasing power is destroyed and you will need more and more dollars to buy the same amount of goods. (ie. Massive Inflation.)
The only way to protect yourself is to get out of ALL paper assets and into real tangible assets and nothing shines brighter than silver.
@danbuck333 I hope you're right.
bildo1977 1 month ago
@bildo1977 Its not going to end up like mad max......the world will recover....and those who have protected there wealth in real assets will be well ahead of every one else
danbuck333 1 month ago
@danbuck333 Nobody's going to be worried about silver within anarchy. Silver won't be worth anything if money isn't worth anything. If the dollar collapses, we won't be the only country affected.
bildo1977 1 month ago
@bildo1977 but if the shit hits the fan...you can use that silver to buy your way out of that shit
danbuck333 1 month ago
By 40%, it's true and it's coming.
chewbaca1989 1 month ago
Obama is the only president in history to have completely hidden his past history (at the cost of millions) he even surrendered his LAW license to avoid investigation- an honest or decent man would NOT do this- GOOGLE “LARRY SINCLAIR” to hear Obama’s old friend (he has pics to prove their friendship) talk about their criminal past- Obama has tried to setup & smear Larry as a liar but somehow I believe Larry because Obama has deliberately & intentionally hidden his past-Obama is a 2 bit hustler-
HarryOrielly 1 month ago
But when the shit really hits the fan, you can't eat silver.
bildo1977 1 month ago
It's too late. Tell me if this video is reaching the average person. We're finished.
THEsquirrel3d 1 month ago
I'm speechless.
mikestheman3 1 month ago