Today’s show topics:Egyptian billionaire Naguib Sawiris is taking action: He’s put half of his $5.7 billion net worth into gold. Some big investors see warning signs ahead for markets but are holding their positions.
Silver supply crunch, high gas prices. Pink diamonds are up over 300% in the last decade, Paul discusses retail closures in the United States.
Bill Holter demonstrates that the US has reached debt saturation, says “One Of Two Things Is About To Happen Now That We’ve Reached ‘Debt Saturation’“. Many ask why the game of printing money, borrowing and suppressing real assets can’t go on forever?