Thursday, December 8th, 2016 MST

Category: Silver

A major danger of paper money: Rupees cancelled

The biggest problem with paper money is that it can be created at will; and history shows that whenever paper money is disconnected from gold, it is eventually printed until it is worthless.  Sometimes its destruction comes quickly,  some over decades. The second biggest problem with paper money is that it can be cancelled by

Still another debt problem

The official federal government debt now stands just a tad over $19.5 trillion.  Yet few talk about it, and even fewer are concerned. Off-balance sheet liabilities (commitments that have been made but funds not set aside for) are some where north of $100 trillion dollars.  Rarely talked about.

Silver takes first prize . . .

as precious metals surge, says the Financial Times, July 7, 2016. In a glowing report, the Times noted that while “Gold has done predictably well in the wake of Brexit. . . The real star of the show has been silver.”  In dollars, silver is up 16% since the Brexit vote but is up 45%

Page 1 of 3123