The Achilles’ Heel of the fractional, unallocated bullion system is when the physical gold and silver falls short of derivative obligations to deliver real physical metal to the end-user buyer. By delivery I mean move the bars from London or NYC vaults and ship...
“The foundation of our entire financial system – and really the economic system – is based on being in a bubble” Rising prices are not “inflation.” They are the evidence that the money supply has been inflated at a rate in excess of...