Dr. Paul Craig Roberts-U.S. Gold Gone
Published on Jan 20, 2014
http://usawatchdog.com/fed-they-do-no… Dr. Paul Craig Roberts, the Father of Reaganomics, predicts, “I think, this year, you are going to see a further downturn in the economy. The signs are not only that we do not have a recovery, but it’s going to get worse. . . . Christmas sales were very negative. There’s no growth in people’s income and no jobs. So, if the economy goes down further, what does that mean? It means the deficit widens. It means they have a greater debt ceiling lift. They have to have a bigger debt ceiling increase, and all of this will alarm the world. They’ll say, good heavens, they already had a trillion dollar deficit. Now it’s gone up, and the Fed can’t stop the quantitative easing without the stock and bond market collapsing. The banks’ solvency will become an issue. So, the world is watching a bigger deficit, more printing of money, and they are likely to start dumping dollars. When they do that, they’ll say ‘gold, I want gold.’ There’s not much supply to meet demand, and the price has to escalate. So, I wouldn’t be surprised if that shows up this year.” Dr. Roberts also contends that America’s gold is “mainly gone.”
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with economist and former Assistant Treasury Secretary, Dr. Paul Craig Roberts.
Dr. Paul Craig Roberts: If the Currency Collapses & You Try to Flee Into Gold,There Won’t Be Any
Published on Jan 8, 2014
http://usawatchdog.com/dr-paul-craig-… – Former Assistant Treasury Secretary Dr. Paul Craig Roberts says, “The West is draining itself of physical bullion. . . If there is a currency collapses and you try to flee into gold, there won’t be any there. The Chinese will have it.” So, is this the year gold and silver stage a big turnaround? Roberts says, “It’s gone on longer than I thought it could go on. I didn’t realize all the deceptive and crooked methods they would use to rig the markets. The notion that a democratic capitalist country having its markets rigged by its own authorities–it blows the mind. This is not normal. What will they do next? I don’t know.” Join Greg Hunter as he goes One-on-One with economist Dr. Paul Craig Roberts.
Paul Craig Roberts: Worse than the Great Depression-Gold and Silver Prices Will Explode
Published on Oct 8, 2013
Economist Dr. Paul Craig Roberts contends, “The situation is unsustainable.” It will blow up at some point, and Dr. Roberts predicts, “It will be worse than the Great Depression because in the Great Depression, prices fell along with employment. Now, prices will be rising and employment would be falling. . . . Gold and silver prices will explode in dollar terms.” Join Greg Hunter of USAWatchdog.com as he goes One-on-One with former Assistant Treasury Secretary Dr. Paul Craig Roberts.