Andy Hoffman: Shooting historic blanks…

andrew_hoffmanAndrew Hoffman, Miles Franklin, Released on 4/13/16

The Keystone Kops Central banks; and their gasping, fumbling market manipulations; are clearly in their death throes.  Most of the world’s currencies have dramatically plunged – whilst the volatility of currency “markets” has gone parabolic – which I might add, I two years ago deemed the “single most PM bullish factor imaginable.”

Which just happens to when the Cartel-orchestrated gold and silver “bear markets” ended in most currencies – before the epicenter of such suppression, the U.S. dollar gold and silver markets, finally bottomed this winter.  The global economy is, without question, its worst since the Great Depression.  Only then, the dollar was backed by gold, so debt was infinitesimal.  And of course, market manipulation had barely been invented, so the business cycle was alive and well.

Continue…

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 www.milesfranklin.com.

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