VIEWS: 37 PAGES: 1 CATEGORY: Investments POSTED ON: 10/13/2012
Precious metals prices are ultimately being fueled by major central banks printing money to fund ongoing budget deficits.
The March to Silver Price Equilibrium Although deficit funding has been fueling the latest precious metal’s rally, it is not hard to imagine the current CFTC investigation into manipulation in the silver market lasting 20 years, as it effectively acts as a yet another kind of price control. The macro backdrop to this investigation includes ongoing currency wars, a depressed world economy, no real growth and a negative real interest rate policy. On the ground, the market is seeing the convergence of many factors, including a loss of confidence in and understanding of equities, as well as a general lack if incentive for the creation of jobs by businesses. Baby Boomers Retire in Worrying Times Furthermore, retirement is becoming a notable focus for an increasingly aging population as the huge Baby Boomer generation starts to conclude their working lives. This generation is collectively not well-prepared for retirement, and therefore is inclined to kick the can for as long as possible. The economic and geopolitical backdrop to this period includes: Read the rest of the article.
Pages to are hidden for
"The March to Silver Price Equilibrium"Please download to view full document