Andy Hoffman: Gold And “Deflation” (Doha Style!)

andrew_hoffmanAndrew Hoffman, Miles Franklin, Released on 4/18/16

One by one, the propagandist myths about Precious Metals – and their counterparts, the “monies” fiat currency are purported to be – are being dispelled, as the “race to the bottom” heats up, and more and more “money” is destroyed.  And with it, the fabric of global society – as this weekend’s Brazilian impeachment vote screams in spades.  Not to mention, the “Hobson’s Choice” Americans may be facing this Fall – between a rogue demagogue, and a dyed-in-the-wool socialist.  Or the prospect of a UK-less Europe this summer; GrExit this fall; Catalonian secession this winter; an exploding European migrancy crisis; and countless other potential “black swan” events.  All of which, will yield the same deleterious government response – of printing money at an ever-increasing pace; issuing draconian edicts unheard of in the modern, “civilized” world; and of course, manipulating markets for as long as they remain “manipulatable.”


Andrew (“Andy”) Hoffman, CFA joined Miles Franklin, one of America’s oldest, largest bullion dealers, in October 2011 and serves as Marketing Director. For a decade, he was a US-based buy-side and sell-side analyst, most notably as an II-ranked oil service analyst at Salomon Smith Barney from 1999 through 2005. Since 2002, his focus has been entirely on precious metals, and since 2006 has written free missives regarding gold, silver and macroeconomics. Prior to joining the company he spent five years working as an investor relations officer or consultant to numerous junior mining companies. Andy’s articles can be found on the Miles Franklin Blog, at

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