In this interview, Darryl and Brian Panes from As Good As Gold Australia, chat with the incomporable, Lynette Zang at LynetteZang.com
Just recently, Lena Petrova confirmed that Washington had received a warning from the IMF to stop spending. What would one expect Washington's response to be, especially when the US is the dominant contributor to the IMF. Presently, the United States Government's interest bill is larger than its government debt of 40 years ago.
How long can this absurdity continue before the US population wakes up? Major financial news reporters are talking about gold's price and the increased demand over the last few months. None of them refer to the US Debt level that may very well be the cause. Why is this so? Steve Forbes and quite a few others, including a branch of the Federal Reserve have recently talked about a 'gold standard'. Are we getting closer to seeing 'gold as money'? Michael Oliver from MSA has recently said with reference to 'technical charts' throw them out the window - silver's dynamics have changed. What does he mean by that and where to with silver from here?
Australia is experiencing a population increase explosion. Currently, with a population of 28 million people, with a goal of 50 million by the year 2050, Australia is experiencing a reduction in living standards with the cost of living sky-rocketing. Taxation on business is incomprehensible. Is this a United Nations policy and what is their agenda? Now more than ever, with increasing massive global uncertainty, it is essential to own gold.