Talks about the EU, Germans not happy about bailing out the PIGS, recent moves in S&P similar to historic moves prior to weakening (1928, 1937, 1966),
we are in a money printing environment, deficits will stay high requiring higher taxation and prevent recovery, currencies will continue to degrade
(like Germany in 1919, 1923), gold and silver will continue to rise, one of the worst investments will be a US government bond, inflation will be used
as a stealth tax to make up for printing money, industrial commodities (copper, nickel, etc) will go down, a weak future global economy, declining
currency values will push people to gold and silver, possibility of collapse in China (2-3 years),
'The end game has begun'. (25:00) "We are all doomed. I think what will happen is that we are in the middle of a kind of a crack-up boom that is
not sustainable, that eventually the economy will deteriorate, that there will be more money printing, and then you will have more inflation, and poor
economies an extreme form of stagflation, and eventually in that situation countries will go to war... For investors, the question is how do I
navigate though this complete disaster that will eventually unfold?"
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