We believe that gold and silver are the ultimate alternative for a chequing account in a vulnerable banking jurisdiction, and whether the ECB prints more euros or eventually defaults, both outcomes will continue to support a robust demand for precious metals as an alternative currency.
Read the full article by Eric Sprott and David Baker Here:
http://www.sprott.com/Docs/MarketsataGlance/2011/07_11_The%20Real%20Banking%20Crisis.pdf?utm_source=Sprott+Money+Newsletter&utm_campaign=6d4e960c4e-Sprott_Money_Newsletter_August_11_20118_11_2011&utm_medium=email