Without question, investing in the precious metals sector has been a pain in the ass for nearly the entire 20 years I’ve been involved. The official intervention, which has become shamelessly blatant, is the primary reason. But eventually the money printing and Federal Reserve intervention in the markets – including that massive amount of money printing, along with the lesser known banking system monetization facilities, will reach a tipping point at which the Fed will lose control of everything. At that point the asset bubbles and the economy will collapse.
Economic Ninja invited on to his podcast to discuss the variables that I think will cause an unprecedented move higher in the precious metals sector and a collapse of the financial asset markets (stocks, bonds, mortgages, housing).