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we live in a fantasy world now reality has been destroyed this is the time that you really need to pay attention the probabilities are overwhelming on Golds side that is the best environment to see goals increase its size [Music] welcome to Palisades Gold radio Im your host Tom modrics joining me today is Michael Pento from Pento portfolio strategies thanks for joining me today Michael how are you Good To Be With You Tom doing good So reading through your latest commentary you go through the debt numbers leading up to the 08 great financial crisis and its amazing to look at the numbers side by side of lets say just total debt for example growing leading up to 08 by 7.3 trillion dollars versus 14.4 trillion over the last two years here so just looking at this one metric alone is somewhat mind-boggling but it makes me wonder we know that there were changes made to lending standards and practices after the mortgage-backed Securities collapse back then but doesnt this just mean that t