GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Saturday, October 26, 2013

Mike Maloney ~ Can U.S. Dollar Standard Remain Global Reserve Currency?

Better late than never! The newly re-christened Belated Labor Statistics released jobs data today. Yes, BLS numbers for September are now out! It was a mixed bag...which of course gives Bernanke the greenlight to print-with-impunity until his term ends in January. Mike Maloney, creator of the Hidden Secrets of Money video series , joins us to talk monetary shop. You won't want to miss his prediction for an inevitable Dollar crisis.

And, can a hedge fund buy a city? Management at Magnetar Capital snapped up a sizable portion of a Dayton, Ohio suburb. But is it really shorting the town's tax base, as reported by Bloomberg?

Finally, today's Big Deal is the IPO of pro-bowler, Arian Foster. But don't spike the football until we deliver the fine print on this one.

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