Tuesday, October 20, 2015
Wednesday, October 14, 2015
"What is seldom realized is that Depressions, despite their evident hardship on so many, perform an important corrective function. They serve to eliminate the distortions introduced into the economy by an inflationary boom."
- Murray Rothbard from his article Reliving the Crash of '29
Saturday, October 10, 2015
On gold and silver, is this the bottom? Holter says, “To answer your question, yes, I think this is the bottom. Can they push the price down again? It’s possible, but like you say back in 2009, silver on the COMEX was trading just under $9, and to buy retail metal, you could not get anything under $15. . . . The physical market has hit a hard bottom.”