Amid monetary debasement, own monetary metals, Sperandeo tells Turk
Monday, May 23, 2011 at 04:29PM Trader and market commentator Victor Sperandeo, interviewed the other day by GoldMoney's James Turk, remarked, among other things, that the U.S. economy and U.S. government debt can't survive higher interest rates, that government policy will remain to inflate the debt away, and that while silver is the most volatile financial market, the metal is terribly scarce. As long as monetary debasement is policy, Sperandeo says, precious metals and tangible assets are the things to own. Video of the interview is 30 minutes long and you can watch it at the GoldMoney Internet site here:

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