Comment: This is a tricky one

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In reply to comment: Well written, nice read! (see in situ)

This is a tricky one

The conventional wisdom is the more currency printed, the less valuable it is and therefore hard assets like gold and silver rise because the dollars printed makes the existing ones less valuable.

I agree with that.

The seeming contradiction in my argument, however, is that if the Fed STOPS printing dollars, confidence will also be lost because as I mentioned investors rely on the dollars to be printed to give them assurance that they will be paid back so stopping the printing presses might have the same impact as running them 24/7.

That's why I call the printing press the new gold standard. Going off it might be painful!

Thanks for catching the broken link and for reading!

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