September 2010
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Recent Posts

(PART 2!) $10 Oil? Mike Maloney Schools Bankers on Deflation, Gold and Silver

PART 2 – PLEASE WATCH PART 1 FIRST HERE: www.youtube.com Mike Maloney was recently invited to speak at the 8th International Banking Forum in Sochi, Russia. The purpose of the conference was for bankers from around the world to meet and discuss the current state of the global economy, the banking system, and strategies for protecting their personal wealth (hence the speaking spot for Mike). The first morning passed without too much fuss as each speaker gave an introduction and a brief talk on his or her area of expertise. However, by the end of the day…it became obvious that something was definitely wrong. After speaking with many of the attendees, Mike was alarmed to find that practically none of the international bankers understood our present monetary system. Most had no idea how currency is created! Here at wealthcycles.com, we’ve often wondered exactly how well modern day bankers understand the worldwide predicament that we find ourselves in. Ladies and gentlemen, our worst fears have been confirmed – the lights are on, but there’s nobody home. Mike’s presentation on personal protection of wealth changed overnight, into one of basic education on our monetary system. How can anybody take the role of wealth protection (or running an economy!) seriously unless they can see the massive storm that lies ahead? Whether you are a banker or a baker, a lawyer or a bricklayer…the time to get educated is NOW. We hope you enjoy Mike’s frantic effort to awaken the conference … [...]

Deflation is coming, David Rosenberg, 09/03/10, CNBC’s Fast Money

CNBC’s Fast Money, 08/24/10, Disinflation will morph into Deflation, David Rosenberg, Chief Economist at Gluskin Sheff and Associates, Fast Money with Pete [...]