inflation

With or without hyperinflation, today’s welfare-state obligations – just like 1919’s war reparations – are simply too big to be paid…

The EUROZONE’S PROBLEM? In short, it’s history…precisely what the single currency was supposed to neuter, of course.

Greece’s still-pending €110bn bail-out has already cost three lives in Athens’ riots today. More bloodshed inside Western Europe would make a horrific end for this grandest of grand post-war projects…the crowning achievement of Europe’s longest-ever period of peacetime.

But thanks to history – and the very same history that built the Euro, as well – Germany cannot inflate. The rest of Europe, however, cannot do anything else. Sharing one printing press was always unwise. Now it makes UK prime minister Gordon Brown look smart for staying outside. Which really is saying something.

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If you’re queuing up for a lug on the bong of forced-risk, just take a moment before you inhale too deeply…

THE LONGER that interest rates stay below inflation, the more people will be forced to take more risk to defend what money they’ve got.

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Four crucial twists in the case for inflation-friendly, growth-friendly silver…

SO CASH-in-the-BANK remains the nearest thing to “risk-free” that the finance industry offers. But risk-free now means “sure-fire loss” thanks to sub-zero real rates of interest.

The longer that interest rates stay below inflation, the more people will be forced to take more risks to defend what money they’ve got – and one higher-risk choice is buying silver. It’s slowly becoming ever-more popular, at least amongst that handful of savers and investors who see tomorrow’s inflation in today’s monetary policy.

Here at BullionVault for instance, and over the last 12 months or so, we’ve had more than 250 customers ask when we’ll offer silver alongside our gold-dealing and ownership service. No other single comment or query from our 16,500 users comes close. So now, our new silver market means you can trade physical bullion – at live silver prices – and store it securely at low cost in specialist, private vaults outside the banking sector.

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If you’re one of the many Money Morning readers suffering from property and housing withdrawal symptoms then don’t worry, because this morning we’re back on the bandwagon.

And if you’re one of the many Money Morning readers who’s glad we’ve stopped banging the housing drum then all I’ve got to say is, “Sorry, we’ll have a non property article for you tomorrow.”

Since we last stuck the boot into property a couple of weeks ago there have been more ridiculous headlines from the property spruikers than we could eat.

We had intended on keeping a record of them, but we figured it was a waste of time as it’s basically the same story being recycled every day:

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