If Big Bank in Crisis, Then Precious Metal for Safety

This is an interview of one great mind talking with another. They are James Turk, interviewer, and Eric Sprott, interviewed. This interview took place at GATA's Gold Rush 2011 conference in London on, or near, August 5, 2011. This is a segment of a thirty-three minute interview that is worth listening to for the range of topics and candid observations from two marketers of precious metals investments. They focus on metals they represent, silver and gold, and point to the possibility of copper maybe having a role in this movement. Even though they are "talking their book", they earned my respect by providing investment vehicles that represent direct ownership of the metals, something Sprott states in the interview about his fund.

Currency Risk, Debt and Gold

This is an interview of one great mind talking with another. They are James Turk, interviewer, and Jim Sinclair, interviewed. This interview took place following Sinclair's presentaion at GATA's Gold Rush 2011 conference in London on August 5, 2011.



Jim Sinclair interviewed by James Turk

The Case for Deflation: Discussion 2, the Case for Inflation!

Curious George has provided another informative post for inquiring minds...

Definitions:
“In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services; consequently, inflation is also an erosion in the purchasing power of money – a loss of real value in the internal medium of exchange and unit of account in the economy. A chief measure of price inflation is the inflation rate, the annualized percentage change in a general price index (normally the Consumer Price Index) over time.” From Wikipedia