US and European interest rates are negative in real terms, the rate of inflation is significantly higher than what governments are saying.
You can see it when you pay for your insurance premiums, your groceries, your child's pre-kindergarten schooling in New York there has been a loss of pricing power for most people.
in Reuters
Related: SPDR Gold Trust (ETF) (NYSE:GLD) , iShares Silver Trust (ETF) (NYSE:SLV)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
