Tue, 21 July 2015
Lowell Ponte explains the significance of Greece of it's history of blocking the expansion and dominance of Islam.
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Tue, 21 July 2015
Hard to believe that the cure all legislation Dodd-Frank is now 5 years old. The damage that's been done by this law is incalculable. The Consumer Financial Protection Bureau is an agency run amok. It recently issued new rules replacing the venerable RESPA and HUD-1 Statement and is causing disruption in the mortgage market. But Danielle believes that better times are ahead as the banking system breaks down and lenders once again start knowing their borrower. Is the end of transactional banking ahead?
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Tue, 21 July 2015
James Turk joined us today. We discussed the Chinese Government's recent disclosure of their gold holdings. While the number may be true in a technical sense, they could have other custodians holding much more gold that they will not disclose until a later more advantageous time. Meanwhile, GoldMoney and BitGold have merged and this will profoundly affect the way the West uses gold at some point in the future, once Americans are allowed to use it as a payment mechanism. Interesting times ahead. James has not changed his view of the world's economic future.
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