This Exploding Grenade Will Create A Gold & Silver Surge

Monday, January 21, 2013
By Paul Martin

KingWorldNews.com
January 21, 2013

After a solid advance last week for gold and silver, today Michael Pento has written exclusively for King World News to let readers know about the exploding grenade which is going to send, “… increasing money flows into both gold and silver.” Here is Pento’s piece: “Japan has already suffered through 25 years of an economic malaise because they have refused to allow the free market to work its reconciliation magic. Their reliance on government borrowing and spending to rescue the economy has proven to be a miserable failure.”

Michael Pento continues:

Because of this fact, Japanese politicians have succeeded to increase the debt to GDP ratio to 237%, which should have already caused a collapse in Japanese Government Bonds (JGBs) and the Yen. However, JGBs have held their value for two reasons: The Japanese own 92% of their sovereign debt; And, up until now, deflation has reigned over the island….

The Rest…HERE

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