In this interview, Darryl and Brian Panes from As Good As Gold Australia discuss with Chief Economist, John Adams the extreme vulnerability of the economy and the current real estate market, as the Australian government throws its full arsenal at it, including a reintroduction of first home buyer grants with 5% deposits, to further slashing interest rates, and cranking up the printing presses.
And if that doesn’t work? The global banking system is under extreme pressure, as Deutsche Bank announces massive layoffs, and big fund management companies withdraw US$1 Billion per day from their accounts, as their nervousness intensifies. Surprise, surprise! Gold, and now Silver has exploded around the world!
If you have a great Youtube or Vimeo video to share send it to [email protected]