"The same dynamic that's driving energy prices is fueling the rise in gold and silver: Big time inflation concerns. With those about to get worse, the rise in the glitter stuff is set to continue.
"Looking at the Federal Reserve, the Bank of Japan, the European Central Bank, the People's Bank of China, the Bank of England, and the Swiss National Bank, these central banks have pumped the equivalent of nearly $7 trillion into the system over the last four years.
"Those levers have been pulled. That strategy has been tried. With the rich world drowning in $8 trillion in excess debt according to Credit Suisse estimates, more debt isn't the answer."