Daily Archives: May 14, 2012

Must Read: “Another Perspective” | ZeroHedge

The absolute amount of gold held in official hands – 10%, 18% or even 25% — is meaningless. The important concept to keep in mind is that the stock of official gold holdings throughout all economies is quite small relative … Continue reading

Posted in Banking/Financial, Gold/Silver/Precious Metals, Inflation/Money Printing, US Debt | Leave a comment

Meet The Latest Converted Gold Bug: The IMF | ZeroHedge

“The Fund is facing increased credit risk in light of a surge in program lending in the context of the global crisis,” the IMF staff wrote in a report released today, adding “there is a need to increase the Fund’s … Continue reading

Posted in Gold/Silver/Precious Metals | Leave a comment