This is the full CNBC American Greed episode / documentary of the big crook Raj Rajaratnam who was a corrupted Hedge Fund Manager.
There is a surprising number of corrupted individuals in this “insider trading ring” of South Asian (Indian) descent, the highest rank person with lots of info was Rajat Gupta who was on the board of Goldman Sachs.
This video just uploaded last year 2012, so the content of his view and predictions would be for this year 2013. Let’s see if Rosenberg from Gluskin Sheff’s is correct, there is 6 months to go until end of year.
More and more money printing to quantitative easy /QE 99. America is the only country that can cheat the world and call themselves the “richest nation on earth” because they print money out of thin air. It is incredible that the U.S can be in over 16.5 Trillion dollars in debt and still consider themselves the #1 economy.
-Money printing by the U.S Federal Reserve, dilution of currency ( devaluation)
-Delayed / lagging inflation looming
-History have shown this same thing happening before, it doesn’t end well
-Fake recovery and the mainstream financial media lying about recovery
-Asian investors heavily invested in gold, they know what is going to happen and preparing for the worse
The U.S economy is a drug addict that is currently addicted to “printed U.S funny money” by the U.S Federal Reserve. Ben Bernake is the drug pusher injecting printed money into the bonds and stock market creating an “illusion” that the U.S economy is in so called “recovery”, but the reality is that U.S is deteriorating.
Think about it, if the stock market rises and rises, do you feel richer if you are a normal “joe blow” who is possibly unemployed and doesn’t invest in stocks?
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Chinese Prepare for Public Flood into Gold | McAlvany Commentary
Tuesday, June 18th, 2013-Money printing by the U.S Federal Reserve, dilution of currency ( devaluation)
-Delayed / lagging inflation looming
-History have shown this same thing happening before, it doesn’t end well
-Fake recovery and the mainstream financial media lying about recovery
-Asian investors heavily invested in gold, they know what is going to happen and preparing for the worse
Tags: Chinese, Commentary, Flood into Gold, for Public, McAlvany, Prepare
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