Low inflation remains a concern, but economic growth and job gains argue for a move later this year
Hugo Salinas Price
This interview is well worth listening to in our very humble opinion.
In this exclusive interview, Hugo Salinas Price share his views on precious metals, provides some historical background on gold and silver money, the manipulation of the precious metals markets, the inevitable collapse of the fiat money, and more…
Today one of the wealthiest, street-smart professionals in the markets, who is also business partners with billionaire Eric Sprott, warned King World News that the Greek crisis will unleash chaos in world markets. He also spoke about what is happening in the gold market.
It used to be said that one could judge someone by the company they kept. The problem for those moderately or opportunistically attracted to silver a look around most of the information sources for the metal will find the airwaves jammed with a flock of tin-foil hatted enthusiasts that are obsessed that the Powers That Be are manipulating down its price to get back at them. This is enough to put anyone serious off any metal. Between the gold bugs and the tin-foil hatters, the two metals that should be explicable in the most simple of monetary or store-of-value terms,
Without a question the best exchange during today's historic Mario Draghi presser, during which the ECB unveiled its own QE, was between SkyNews journalist Ed Conway who first asked Draghi which is more important, the Flow or the Stock - a key argument we had with the Fed when
Submitted by Charles Hugh Smith from Of Two Minds
Who Benefits When Bubbles Burst?
Blowing speculative bubbles cannot possibly lead to organic growth because speculative bubbles fatally undermine the real economy.
An astute reader recently posed an insightful question: we all know who benefits from asset bubbles in stocks, bonds and real estate--owners of assets, banks, the government (all those luscious capital gains and rising property taxes), pension funds, brokers and so on.
(Washington, D.C. – January 15, 2015) – The continuing appeal of silver for investors led to record sales of U.S. American Eagle Silver Bullion coins last year, topping the previous milestone established just the previous year.