The European Central Bank is "purposely causing inflation" and is therefore insane, says The Mogambo Guru, Richard Daughty. The mission of the central bank is to control inflation. Of course, it's all the more reason to buy gold and silver now.

I am always looking for some extra money with which to buy gold, and if I am ever successful without actually getting a job, I intend to buy some right away, as Bob Moriarty has taken a look at the XAU gold equities index compared to gold, and finds that a recent ratio of 0.182 means that today "is the most negative ratio of gold shares to gold in the last five years.Continue reading