"There hasn’t been an empire in the history of mankind that has given away its wealth and its power base like the United States is currently doing. What are you doing? You’ve got 20% unemployment, you’re trying to bailout out the Chinese, you’re trying to bailout the Indians, you’re trying to bailout the Middle East, and no peace is arising you’ve got wars still everywhere. So what are you doing? Why are you allowing this huge transfer of your wealth to these other countries, who, I promise you, from and international perspective, are laughing."
Manduca does a fine job in explaining the global issues that will fuel the price of gold to much higher levels: