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Turning Hard Times into Good Times

Turning Hard Times into Good Times

Tuesday at 12 Noon Pacific

November 10th 2009:Credit Crisis Will Lead to Higher Gold Prices

When gold was below $500/oz. Fed Chairman Alan Greenspan twice said, “Central banks stand ready to lease gold, should the price begin to rise.” That became known as the “Greenspan call.” Greenspan was essentially telling the world that governments would suppress the price of gold and as evidenced by the brilliant work of GATA (www.Gata.org) the Fed did suppress the price of gold for quite a few years and is still capping it. However, now with the price of gold over $1,000 the world is becoming increasingly disturbed by a dollar of which endless amounts are being created out of thin air. Specia

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Featured Guest

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Trace Mayer

Trace Mayer, J.D. is an entrepreneur, investor, journalist, and monetary scientist. He holds a degree in accounting from Brigham Young University and a law degree from California Western School of Law. He has also studied Austrian economics, focusing on the work of Murray Rothbard and Ludwig von Mises. He is a member of the Society of Professional Journalists and the San Diego County Bar Association. Trace is a strong advocate of the freedom of speech, a member of the Society of Professional Journalists and the San Diego County Bar Association. Trace has appeared on ABC, NBC, many radio shows, including one syndicated on over 120 stations, Adam Curry's Daily Source Code, presented at the Cam
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https://www.voiceamerica.com/show/1501/turning-hard-times-into-good-times 22/11/2017 12:00 22/11/2017 01:00 Turning Hard Times into Good Times https://www.voiceamerica.com/show/1501/turning-hard-times-into-good-times When gold was below $500/oz. Fed Chairman Alan Greenspan twice said, “Central banks stand ready to lease gold, should the price begin to rise.” That became known as the “Greenspan call.” Greenspan was essentially telling the world that governments would suppress the price of gold and as evidenced by the brilliant work of GATA (www.Gata.org) the Fed did suppress the price of gold for quite a few years and is still capping it. However, now with the price of gold over $1,000 the world is becoming increasingly disturbed by a dollar of which endless amounts are being created out of thin air. Special guest Trace Mayer will explain how, with growing credit problems only temporarily suppressed, “Greenspan’s call” is becoming “Beijing’s put.” Trace will give us a gold price projection or two and he will also provides some advice on how you can best protect yourself against what he thinks will be an extremely difficult economic environment going forward. VoiceAmerica | Talk Radio | Online Talk Radio studio@voiceamerica.com false DD/MM/YYYY Add to Calendar
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