Thursday 6 May 2010

Bob Moriarty: Collapse as Certain as Time and the Tides

Talking heads are waxing enthusiastic over signals that the recession is receding, but debris from the derivatives debacle won't go away without a total financial system collapse, according to 321gold.com founder Bob Moriarty in this exclusive Gold Report interview. "Nobody and nothing is going to stop it from happening. It is as absolute as the time and tides," he says. While folks are all hunkered down in their bunkers waiting for the apocalypse, though, he suggests investing any spare cash in resource stocks-a "slam dunk" now that they're cheaper than they've been in nearly a decade. more...

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