The collapse of global financial markets is caused by an evolving paradigm shift that is reshaping our world.
The return to parity between the East and West is part and parcel of a greater paradigm shift now underway - a shift that is rebalancing fundamental polarities on a global scale, a shift that is affecting not only global economic and political alliances but gender as well.
- Page 98, How to Survive the Crisis And Prosper In The Process |
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To hear an hour-long interview of Darryl Robert Schoon by Mining Stock Talk that covers the deflationary collapse, its consequences, how much time is left and more
click here.
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To watch Darryl Robert Schoon's videos on YouTube, please visit SchoonWorks Channel.
An Interview of Ralph T. Foster, author of Fiat Paper Money, The History and Evolution of Our Currency. Contact tfdf@pacbell.net to order Mr. Foster's book.
Warning! GDL & SLV ETFs
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When the end-game began, gold was $35 per ounce. Today, gold is $1200. When the end-game is over, gold will be far higher. Midway through 2010 we are approaching the end of the end-game, the resolution of the monetary imbalances that began in 1971. For more than 2500 years, gold was money: but, in 1971 that changed. After 1971, money was no longer connected to gold. For the first time in history, money had no intrinsic value  |

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Deceit becomes fraud only when you can’t deliver Many of those interested in Austrian economics have been waiting for what Austrian economist Ludwig von Mises called the crack up boom. My advice: Don’t wait. The crack-up boom may already have happened. Get ready for what’s next.
From Ludwig von Mises, Human Action, 1949:
The credit expansion boom is built on the sands of banknotes and deposits. It must collapse. If the credit expansion is not stopped in time, the boom turns into the crack-up boom [bold, mine]; the flight into real values begins, and the whole monetary system founders. Continuous inflation (credit expansion) must finally end in the crack-up boom and the complete breakdown of the currency system.
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On August 21, 2007, Darryl Robert Schoon delivered a talk before Session II of Gold Standard University Live (GSUL) in Szombathely, Hungary. Session II of Gold Standard University Live focused on the economic theories of the Austrian School of Economics, a school of economic thought based on free markets. Professor Fekete is a strong believer in these ideas. Darryl Robert Schoon's talk, Where We Are, How We Got Here, & Where We're Going" is available to you here as an audio download. - Click here.
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DRSCHOON.COM features the articles of Professor A. E. Fekete of the Gold Standard University, a leading expert on gold and its role in financial markets and the economy.
Who needs a thermometer to know that the heat-wave is on? Fofoa has just published another thoughtful paper with the title: Red Alert: Gold Backwardation!!! http://fofoa.blogspot.com. It raises the question nobody has apparently raised before: “Is the dollar bidding for gold, or maybe gold is bidding for dollars?” And it gives an amazing answer: the gold basis has been screwed and it has been giving bogus signals for more than a year. We have likely had backwardation all this time but it has been stonewalled. There is no real gold market any more. Goldman Sucks is playing with itself. Most trades are bogus, sales as well as purchases. Leases ditto. What Goldman Sucks couldn’t get away in a falling market, it can in a rising one.  |
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