Wednesday, December 28, 2011

Gold Vs. Total Money Supply Update

Another great video from Michael Maloney discussing where we are in the current gold bull market measured by the total outstanding credit and money supply.  In the early 1930's and in the late 1970's gold revalued itself to account for the total money supply.  Maloney believes this revaluation is coming again and describes where gold would have to move in order to back the outstanding money and credit.

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