Thus, we might define “inflation” (but not “hyper-inflation”) as a reduction in the purchasing power of the fiat dollar that's been intentionally caused by but also controlled and limited by the federal government.
While the topic of rehypothecation and the shortage of physical gold is well covered here at Zero Hedge (and the ever-changing COMEX gold vaults' inventories), it appears the concept of the exploding "leverage" or default ...
Gold climbs to the highest level in 6 months due to fears of China and Ukraine New York (Reuters): Gold prices jumped to their highest levels in six months, exceeding 1461 per ounce extended their gains from the previous session with increasing the...
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