Precious metals sank to 5-year lows during this past week. The long painful price decline that began at the end of 2011 still continues unabated. Holders of gold & silver are understandably wondering if their faith in precious metals has been misplaced.
In this week's podcast, we invite Mike Maloney back on the podcast. Mike is the owner of one of the largest bullion dealers in the US, GoldSilver.com, and one of the top minds we know of on monetary history. In this wide-ranging interview -- which announces the release of a new educational video, The Rollercoaster Crash, which kicks off Season 2 of GoldSilver's excellent video series Hidden Secrets of Money -- Mike lays out the rationale for an approaching global reset of the existing fiat currency regimes, and why asset-backed currencies are highly likely to return in our lifetime.
In "The Crash Course", Chris Martenson presents an in-depth consideration of the Economy, Energy, and the Environment. Not only does he explain the fundamental causes of the current economic crisis, but he also demonstrates how the problems facing the economy are related to concurrent issues regarding our sources of energy and climate change. The information provided is eye-opening and vital to understanding the world in which we live and how that world will change in the near future.
Presented as a concise and easy-to-understand video production in language accessible to all, The Crash Course is completely free, in an attempt to inform as many people as possible about the problems we face, and action we can take in response. As Chris says: "In order to know where we are headed, we have to know where we are, and in order to know where we are, we have to know where we have come from." That is precisely what "The Crash Course" tells us.