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Inflate and Die Tomorrow, or Deflate And Die Today

IMG Auteur
Published : December 11th, 2012
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Kerry Lutz of the Financial Survival Network spoke with Andy Hoffman for a dismal look at the state of the world’s economy. Not much good news to be had in Europe, certainly very little in the US and it’s a bit discouraging that Communist China has become the hope of the free world. There’s a massive race to the bottom in Europe and there’s nothing that can be done about it. The US is in complete denial over its own dire financial situation. 46% of every federal dollar spent is borrowed. The US’s deficit is coming in around $5 billion per day in Fiscal Year 2013. When will financial sanity happen? The only sanity left in the world is buying gold and silver. Check out this week’s podcast:


Inflate and Die Tomorrow, or Deflate And Die Today


 

 

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Andrew Hoffman was a buy-side and sell-side analyst in the United States (including six years as an II-ranked oilfield service analyst at Salomon Smith Barney), but since 2002 his focus has been entirely in the metals markets, principally gold and silver. He recently worked as a consultant to junior mining companies, head of Corporate Development, and VP of Investor Relations for different mining ventures, and is now the Director of Marketing for Miles Franklin, a U.S.-based bullion dealer.
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