Wednesday, March 16, 2016

James Turk: GoldMoney, Bitgold, Bitcoin, Precious Metals, China, Greece


Jeff interviews James Turk, topics include: Bitgold acquires GoldMoney.com, creates Gold Money Group, international precious metal vaults, digital gold for payments, cryptocurrencies, bypassing capital control, getting assets out before financial collapse, the situation in Greece, gold as sound money, the demise of fiat currency, gold and silver price, huge demand for silver bullion, gold and silver in backwardation, Citigroup derivatives exposure, Bitcoin and the Greek situation, un-safe deposit boxes, GoldMoney.com, Chinese stock market crash presaged the crash of 2008, Government intervention in markets, financial moves made for political reasons often unsound, Greece vs the Eurozone, financial contagion, staggering un-payable debt globally, the collapse of socialism, the trouble with socialism is you eventually run out of other people's money, the issue of debt is not solved by issuing more debt, total government debt has more than doubled worldwide since 2008, hang on to your gold and silver!