MUST WATCH Discussion on Gold…From 37 Years Ago

Over the weekend, Sprott’s Tekoa Da Silva sent us a link to a fascinating discussion on gold recorded over 37 years ago. The two panelists were Dennis Karnosky of the St. Louis Fed and “money expert” Merrill Jenkins. This remarkably frank and informative program is certainly worth taking the time to review.
Again, this was recorded at a St. Louis, Missouri television station in 1978, near the height of the inflationary spike caused by the closing of the gold window and the subsequent surge in U.S. government spending.

From TFmetalsReport:

The two panelists are:

Some of the highlights include a great explanation of debt vs money (11:30), Mr. Karnosky’s advice as to what someone should do with their depreciating dollars (15:15) and Mr. Jenkins’ “solution” to the problem (22:00).

Please take the time to watch this fascinating video and then, be all means, copy and paste the link. Bookmark it and send it to your friends and family. Perhaps it will help to awaken some of the slumbering.

Libertad