Tuesday, May 21, 2013

It Will Not End Well

"How much lunacy do we have to have? Just think through it a little. It has to stop some day. We just can’t keep accelerating this without one of two things happening: You are going to get a financial collapse, or you are going to get hyperinflation....

If you get hyperinflation you are going to have a financial collapse anyway because interest rates have to go up and it’s all over for governments because their cost of interest skyrockets and they are all broke anyway. So it will not end well, one way or another.”

- Eric Sprott via a recent King World New interview, read the full interview here: