Economics and Investing:
I’m sure that you saw the many screaming headlines on Thursday, the global markets are melting down, and the pillars of the EU are crumbling. There were two notable oddities amidst Thursday’s panic for those of us that hedge with precious metals: 1.) Spot silver saw a $5 per ounce selloff. This big dip of 12% in one day represents a great opportunity to either convert some of your cash into silver, or ratio trade out of gold into silver. The silver-to-gold ratio now stands at (48.2-to-1.) In just a few years the ratio will likely be 30-to-1, or less. …