UBS warns of possible hyperinflation: Zero Hedge
“On Thursday, gold futures recorded a negative 12-month return for the first time since July 2009. This is a rare occurrence over the past decade, happening on only 118 trading days, or just 4.5% of the time.” WSJ
“If we tabulate a 33% increase in valuations, a 100% increase in margins and a 32% increase in production, it yields share price growth of 250%. This equates to HUI 1400 in 2014.” (I reversed the bold numbers-JJ) Daily Gold
Meanwhile, the gold miners are still stuck in the mud: Market Anthropology.
Rick Rule on the tightness in the physical silver market: King World News.
Europe Runs Over the Platinum Price at WSJ.