17.10.2012 - The march to silver price equilibrium
Although deficit funding has been fueling the latest precious metalís 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...............................................Full Article: Source
Print