Gold is the money of kings, but silver is the money of commerce. Here's a look at how silver is the key to humanity's future...
Ken Schortgen interviewed by Rory Hall on The Daily Coin
The conversation starts off with the recent developments out of Venezuela in general, and the "petro" specifically. Ken believes the announcement of the "petro" cryptocurrency is a way to buy time to pay off the military for protection. Ken comes to this conclusion as he likens the developments in Venezuela with those of Zimbabwe, other than Maduro has more hard currency than what Mugabe did, which led to the latter being ousted from power.
After discussion of Venezuela, Ken and Rory discuss how the tax cut bill is also a foreign policy bill and trade bill wrapped up into tax cuts.
Ken says that besides the tax cuts, there will also be the return of commodities price inflation which will bring back consumer price inflation with a vengeance.
Other topics of geo-politics include:
Petro-dollarGreeceIranRussiaFrom there, the conversation moves into Bitcoin and the cryptocurrencies. Ken says it's no coincidence that Bitcoin took off in popularity precisely at the time that Ken Rogoff and Larry Summers began talking about a cashless society in mid-2016.
The conversation then takes it's natural turn towards gold & silver.
Rory and Ken take a deep dive into the many fundamental and technical issues regarding gold and silver.
Hear the interview in its entirety below: