by Dr. Jeffrey Lewis
Silver Coin Investor
As fear trumps politics, the stampede will commence.
Derivative defaults will spread blot out the financial landscape like a murder of crows.
In a brief moment, precious metals prices will pass through their fundamental price equilibria on their way to unimagined levels, while re-asserting themselves as the ultimate value measuring sticks.
In the acute aftermath of the United Kingdom’s vote to leave the European Union, we saw a figment of this ‘return to real money’ (ironically) via the mad rush to all things US dollar-denominated.