Copper $ 5.41 / lb -0.32%
Brent Crude Oil $ 59.68 / bbl -0.15%
Palladium $ 1757.75 / ozt -1.14%
Crude Oil $ 55.84 / bbl -0.11%
Natural Gas $ 3.935 / Btu -0.18%
Silver Futures $ 65.355 / ozt -0.09%
Aluminum Futures $ 2916 / ton -0.15%
Micro Gold Futures $ 4353.5 / ozt -0.25%
Micro Silver Futures $ 65.38 / ozt -0.06%
Platinum $ 1938 / ozt -0.77%
Gold Futures $ 4355.5 / ozt -0.19%
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Hyperinflation is a Fiscal, not Monetary Phenomenon

Julian D.W. Phillips - Gold Forecaster | August 24, 2010 | 10:44 am Precious Metals Gold 

Months ago we wrote about the true causes of hyperinflation. We proceed to expand upon our views as we disagree with the views put forth by John Mauldin, Mike Shedlock and now Jim Rickards who all focus on velocity and/or...

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