Perhaps this title does not mean much to you: George Soros endorses 5% NGDP target (Money Illusion). Next consider negative real interest rates as a a sign of the times (Iacono Research). NGDP stands for nominal gross domestic product. Soros is advocating a higher level of negative interest rates to ease ‘excessive indebtedness.’ While a bond holders nightmare, this environment will be a precious metal panacea. The thought process is still a monetary frontier, but so was quantitative easing in 2008. In short, it’s coming.
Apparently debasement can occur in may ways: Content Wire.
Why globally coordinated QE and higher gold prices are unavoidable at Gold Silver Worlds.
Animated version of monetary policy: Rortybomb.
Silver Wheaton – Scare Tactic Closure by me, JJ Butler.
As for this mornings gold and silver stock swoon? Dip buys came is quickly. “Good stocks are hard to buy.”