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Wednesday, 27 June 2012

Is that a...?..................from Rico

I just happened to 'check' the current spot Gold and Silver prices, saw the 'spikes' and asked myself 'WHAT HAPPENED?'

Now, unspoken but crystal clear (perhaps why it remains unspoken) is that ZIRP will remain with us until the end of central planning, since the FED can NOT afford to hike interest rates ever again.

What happened is this idea 'floated' by the ECB: NIRP (negative interest rate policy). [read: charging depositors for the privilege of holding their money for them; don't laugh, they do this in Japan already...I've seen it.]

Now that we know what happened to the precious Metals, ask yourself "is that a NIRP in your pocket, or are you just glad to see me?"


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