Wednesday, February 3, 2016


David Stockman-We Are Nearing the End
Above is the link for David Stockman interview; well worth your 30 minutes!
Published on Jan 31, 2016 
Former White House Budget Director David Stockman contends, “We are nearing the end. I think the world economy is plunging into an unprecedented deflation recession period of shrinkage that will bring down all the markets around the world that have been vastly overvalued as a result of this massive money printing and liquidity flow into Wall Street and other financial markets.” 
On gold, Stockman says, “I think it’s more of an insurance policy and an option on the ultimate failure of today’s form of central banking. When, finally, the Keynesians, who are running all the central banks, when they are totally repudiated, I think gold will soar in value.”
DYI 

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