Silver & Gold - Hidden Secrets Of Money 2

Mike Maloney: Ben Bernanke claims that he doesn't understand gold. Maybe he should watch this video series? What do you think?
Hopefully Bernanke signs up to the newsletter to see the new episode first: http://www.hiddensecretsofmoney.com See you there.

whygoldandsilver: What else did we learn from Mike Maloney's Hidden Secrets of Money - Episode 1?

Actually, we learned a whole bunch:

 

- We learned that our true wealth is our time and freedom...

 

- Money is just a trading tool that stores the economic energy that is your time and freedom, whereas currencies leak them away.

 

- Gold and silver are the ultimate money, simply because of their properties.

 

- Fiat currencies are based solely on confidence, and always return to their intrinsic value of zero.

 

- Governments don't like gold, because it imposes restraint.

 

- Rising prices are merely a symptom of an expanding currency supply.

 

- Gold and silver always account for an expanding currency supply.

 

 

But that's enough waffling from me. Do yourself a big favor, grab a cup of coffee and some chocolate cookies and watch Episode 1 again below. Then strap in for next week as we follow the story of how currency became money… as well as identifying one of the oldest economic cycles that is still in effect today.