With respect to the economy, the hard reality on Main Street is the opposite of the propaganda and lies pitched at us by Wall Street, Capitol Hill and the mainstream financial media. Most sectors in the economy are in recession. At some point the Fed will either have to let financial and economic system implode or it will be forced to crank up the money printing press again. In some ways this has already occurred in response to the regional bank crisis last spring. Kai Hoffman and I discuss economic reality and the precious metals sector.
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