By Adam Sharp Precious metals isn’t a topic we discuss much here. But I simply couldn’t resist today. The outlook for gold and silver is just too good, and it’s getting better.
To me, the fundamental bullish case for precious metals is simple. Governments, people and businesses around the world have big piles of unpayable debt. And, unfortunately, most of the borrowed money isn’t being spent productively.
We’ve reached the stage where countries and companies are borrowing at an accelerated rate just to pay the interest on their debt. Look how extreme it’s gotten. This chart shows global debt as a percentage of gross domestic …read more
