Mike Maloney and the Gold 'Standard' ScamSubmitted by goldenequity on Wed, 10/23/2013 - 02:35
Mike Maloney at 7:33 and 15:28 mark
►Gold Standard 'Scam' is here
"So.. before the year 2020, we are going to have a dollar crisis... this is going to lead to a global currency crisis, because the dollar is the majority of the value of all the world's currency.. it's more than half the value of all the world's currency
If there's a dollar crisis...
I believe that people in other countries are going to look at their own currencies and say 'oh my God, this is just a piece of paper with numbers on it also'... and people will lose trust in fiat currencies.
Now to me actually, the worst thing that could happen is that we go back to some sort of gold standard. A gold 'standard' is a national currency that's 'supposedly' backed by gold and it opens the door for the whole scam to start again."