Today's Guest: David Garofalo
Website: Gold Mining Inc
http://goldmining.com
Todays Interview:
David Garofalo has 30 years in mining. As CEO of Goldcorp, David made history last year by spearheading the $32 billion merger of Goldcorp with Newmont to create the world's largest gold production company. Since that time, the value for Goldcorp shareholders has tripled including dividends. David discusses how gold is the barometer of fiat currency and what we are witnessing is the return to the gold standard.
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Thanks again for bringing us the X22Report, Dave. Thanks for coming to, Dave's X22ReportSpotlight, David Garofalo, and sharing your information.
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Analogy is interesting but gold is an element that has been voted to be money for most of recorded history. The Federal reserve note can be propped up for a long time and can be used to suppress and control the price of almost anything including gold. We need money to be free of government involvement beyond minting if we trust them even with that task at this point. Gold will only be fairly priced when it is freely used as money to purchase other real stuff and all paper promises are 1 to 1 backed or abandoned.
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