Print it and they will….ohhh..

Posted | 14/03/2014 / Views | 1807
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Yesterday we reported on the world exceeding $100 trillion in debt.  Well another report has just revealed that since 2008 world central banks have ‘printed’ no less than $8 trillion.  You may recall the 2nd graph from Wednesday’s news for the US alone.  And what apart from the debasement of currencies, debt, real (not reported) inflation and the risk of hyperinflation did we get for that ‘investment’?  No GDP growth.  Is it any wonder the gold price is 51% higher over that same period to today?

Print it and they will….ohhh..