Fed, ECB “Monetary Insanity” Is “Frightening” – GoldCore on Keiser Report
Max Keiser interviewed GoldCore Research Director, Mark O’Byrne last week and the video was released on Saturday.
Key points and topics covered:
– “Monetary insanity” of ECB and Fed is “frightening”
– “Absolutely nothing has been learned” since financial crisis
– “Financial hypocrisy on a grand scale”
– Ireland was vassal of Bank of England and now ECB
– Ireland needs to get “financial and monetary independence”
– Huge demand for gold and yet prices manipulated lower
– Real unemployment is U.S. probably 15-20%
– Dollar may rally in short term but vulnerable in long term
– Russia, China may monetise gold as geopolitical weapon
– Gold and silver are “hedges for you in local currency terms”
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Courtesy of http://www.goldcore.com/ **