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Friday, September 7, 2012

''Mike Krieger on why gold and silver prices are headed much higher''

From GoldMoney..........''Subscribe to our newsletter at http://www.goldmoney.com/goldresearch. GoldMoney's Alasdair Macleod talks to Mike Krieger, founder of the Liberty Blitzkrieg (libertyblitzkrieg.com) blog. They discuss his Wall Street past, the end of the gold and silver consolidations and the need to create new decentralised power structures. Krieger explains why he calls himself a "recovering Wall Street employee". When he realised how the system works on a macro level and what role Wall Street plays in the economic-political power structure, he decided to quit his job. He talks about his "indoctrination" with neo-classicist views at university, which teach fiscal and monetary policies as responses to all economic problems -- both of which are top down central planning approaches.

They talk about the recent rally in gold and silver prices. Krieger states that the bullishness of the current set-up in both precious metals is underappreciated. The long consolidation periods in both metals have led to an attitude of total complacency, with the public being almost completely out of the market. Despite this negative sentiment he points out that gold is about to reach new highs priced in euros.''

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