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Sunday, May 22, 2011

Gold and Silver will continue to outperform real estate

Richard Daughty aka The Mogambo Guru interviewed by Mike Maloney on the margin of the silver summit , about the Gold and Silver Fundamentals , and where he sees the prices of these two precious metals going from here , and his expectation for inflation , " we are all freaking doomed , it is going to get worse and worse and worse because inflation always follows the inflation in money supply , and the money supply right now is increase at a rate of 14 percent a year ! he said , anybody that is still a Keynesian today he must be insane ...it is going to get bad because there is not one single instance in the last 3000 years in history of mankind when this thing has ever worked out ,and I have a hard time believing that this time we gonna pull it off he added ...Gold and Silver will continue to outperform real estate


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