The money printing has only just started
- MoneyWeek
Precious metals are back. Having trodden water for much of 2012,
silver burst through the $30 level last week, and is now probing $34.
Gold is back into the $1,700s. And as for my gold miners exchange-traded
fund (ETF) – it was up 10% last week alone.
What’s it all about? As if you don’t know…
It’s money printing of course. It’s the central banks bailing out reckless banks by minting a load of new money.
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