Wednesday, January 21, 2015

Billionaire Sprott’s Business Partner Reveals His Thoughts For 2015

"My suspicion is that 2015 will give us more of the same. Meaning the global economy is flat on its back and it will stay there for quite some time. 2015 will bring small pockets of prosperity, but the prevailing trend towards increased government and increased government debt will continue to strangle the overall economy.

One would hope, you’ll note that I used the word ‘hope’ again, that the big thinkers of the world are right and that I’m wrong. I understand the hope people have that Western central planners can print trillions of dollars of counterfeit currency units and that liquidity will overwhelm concerns of solvency. It certainly has worked for the last 2 or 3 years.

It would be wonderful to have a set of circumstances where contrived liquidity was the antidote for the sins of the past decade. I just have a very difficult time seeing that come true.”

- Source, Rick Rule via a recent King World News interview