• Gold: 1,299.74 -0.81
  • Silver: 17.13 -0.01
  • Euro: 1.188 -0.001
  • USDX: 92.508 0.771
  • Oil: 50.71 0.44

It's becoming increasingly clear

Andy Hoffman
|
Thursday, August 14th
SilverSeek.com Comment Wire

The "end game" is getting so close, you can feel it.  With yesterday's -6.8% Japanese GDP report, and today's negative report from Germany - much less Wal-Mart's horrific earnings guidance, it's becoming increasingly clear that global economy is collapsing.  Japanese and German bond yields have fallen to record lows, and the benchmark 10-year Treasury yield is below 2.4%, as the entire world bets on the inevitability of global "QE to Infinity."  NEVER have PMs been suppressed so blatantly, offering the chance of a lifetime to save yourself at prices below the cost of production!

Andrew C. Hoffman, CFA

Marketing Director

Miles Franklin Ltd.


 

ahoffman@milesfranklin.com

www.milesfranklin.com

 

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