In a video interview monetary historian and precious metals expert Michael Maloney weighs in on why this current financial crisis was so predictable.
Why brokerage houses were allowed to combine with banks in the late 1990’s and why this led to a financial bubble.
What a “derivative contract” is, why they are so dangerous and how they are growing exponentially.
How the “Psychology of Bubbles” work and why commodities and the precious metals are going to be the next great bubble.
To view this video click here.
If you haven't read the book that predicted all of this (and tells you what will happen next) you might want to check it out.
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