| | | | This week, Mike Maloney links to several pieces of news and data that show a massive shift in the silver market, as well as a gigantic nail in the coffin for the US Dollar Standard. Be sure to read the accompanying articles and watch the video Mike mentions for some excellent in-depth analysis on why now might be the time for silver. | | | | | | | | | | Rickards: Rate Hikes Will Kill Economy, Then Rate Cuts to Kill USD Another take on the Fed's high-wire predicament. The economy is weak, but it has to raise rates. Which will snuff out the little spark left in the economy. Which will force it to cut rates, but there's almost no room to cut before unprecedented negative rates, and that means yet more QE, which will crush the USD...on and on and on. The Fed has no way out. | From Zero Interest-Rate Policy to Zero Options Left: Prepare for Chaos Minor to moderate pain inflicted and felt in real time is one of the great gifts of the unfettered free market. If you overextend yourself, make foolish bets, you pay, immediately and justly, as the market’s ruthless efficiency is exacted via others’ recognition of the opportunity to profit from your poor performance. | Venezuela in Freefall: 6,147% Annualized Inflation in February It speaks to the degree of desperation in Venezuela right now that inflation numbers as over-the-top as this are not the country's most pressing problem. Economic metrics don’t matter much if there’s simply nothing to buy. With very little food or medicine to be had at any price, societal norms are breaking down quickly in a country that already has the second-highest homicide rate in the world. | | | | |
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