Peter Grandich at GATA Gold Rush 2011

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Peter Grandich, of The Grandich Letter, talks to the GoldMoney Foundation about gold, silver, platinum and palladium. He explains the US Treasury bubble and that no debt crisis is ever solved by adding more debt.

He talks about mining companies and their underperformance relative to the price of gold.

He agrees with James Turk that gold is not a commodity, but that gold is money.

This interview was recorded in London on August 6th 2011.

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Current Precious Metal Prices

	Gold: Gold Buy Rates	$49.5460/gg $1,541.00/oz
	Silver: Silver Buy Rates	$27.4400/oz
	Platinum: Platinum Buy Rates	$45.4381/pg $1,413.30/oz
	Palladium: Palladium Buy Rates	$18.9715/pd $590.10/oz