Media Watch - Keeping Track of Gold and Silver Mainstream News

Today on http://www.abc.net.au/classic/content/2011/10/05/3328088.htm

Margaret Throsby interviewed Satyajjit Das.
Satyajit Das is an international specialist in the area of financial derivatives, risk management, and capital markets, with a global reputation. His latest book is 'Extreme Money: the Masters of the Universe and the cult of risk' (Penguin Books, August 16 2011).

He left the banking industry in 1994 and in 2006 he published the book 'Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives' (revised edition 2010). He has published widely on financial issues in professional journals, newspapers. His blogs can be found on a number of on-line financial sites.

Its a classical music station. My wife heard the interview while driving.

He touches on:

Current economic order built to fail
Symptoms today were created 30-50yrs ago
USA unpayable debt
Ponzi Scheme
Qe3
Gold- greatest total vote of no confidence in monetary system and banks

He then goes on to talk about Owels and India. Can stop listening here if you like.
 
Did anyone see the 7.30 report tonight? I nearly fell off my chair. I had to hit the rewind button on my Tivo about a dozen times.

Greg Hoy said, "The value of the little Aussie dollar, like the value of the moulten gold it's minted from, is as confused today as the global economy".

Seriously stupid?
 
Lucky said:
Today on http://www.abc.net.au/classic/content/2011/10/05/3328088.htm

Margaret Throsby interviewed Satyajjit Das.
Satyajit Das is an international specialist in the area of financial derivatives, risk management, and capital markets, with a global reputation. His latest book is 'Extreme Money: the Masters of the Universe and the cult of risk' (Penguin Books, August 16 2011).

Very interesting and a great summary of the current economic situation. Thanks for the link
 
jparrie said:
Did anyone see the 7.30 report tonight? I nearly fell off my chair. I had to hit the rewind button on my Tivo about a dozen times.

Greg Hoy said, "The value of the little Aussie dollar, like the value of the moulten gold it's minted from, is as confused today as the global economy".

Seriously stupid?
Yea I saw it but I couldn't bear to watch it more than once.

Also saw one news item tonight where a bar of gold was being poured alongside a machine minting $1 gold looking fiat coins. :)

Regards Errol 43
 
The winner of tonight's episode of "The Block" on Channel 9 get $5,000 worth of gold bullion.
 
JulieW said:
mmm....shiney! said:
Story about shopping centre gold buyers on ACA tomorrow night.

Hopefully it will convince people to avoid them!

NAH .most likely it will be a paid promo ,on how good they are & sell your gold to them because now is a good time to sell :rolleyes:
 
The Australian on Friday had a full-width advertisement across the bottom of the front page for investing in gold bullion.
 
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