27.09.2012 - Precious metals When financial repression fails
Financial repression may prove to be the policy that triggers the inevitable return to fair value in precious metals. The failure of this academic policy, originally deployed in the 1950s, adds to the list of possible scenarios triggering the failure of the manipulative price suppression that has been observed in the precious metals futures markets. For example, the price of monetary metals like silver and gold should rise as growing debt concerns and an ongoing US dollar devaluation policy set the stage for a new American currency or even a global currency that will be backed by assets of true intrinsic value like gold and silver...............................................Full Article: Source
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