Fund manager Eric Sprott, one of our closely followed advisers, writes in his latest editorial that the solution to the current financial crisis should be for governments to buy and stockpile commodities right now. This will create inflation to combat the current deflation. And it will work immediately. He believes that infrastructure projects will be very supportive of the economy but that their impact to the general overall economy will take about a year to work. So in the meantime, why not buy and stockpile up commodities now...Monday, December 1, 2008
Sprott: The Solution to the Financial Crisis
Fund manager Eric Sprott, one of our closely followed advisers, writes in his latest editorial that the solution to the current financial crisis should be for governments to buy and stockpile commodities right now. This will create inflation to combat the current deflation. And it will work immediately. He believes that infrastructure projects will be very supportive of the economy but that their impact to the general overall economy will take about a year to work. So in the meantime, why not buy and stockpile up commodities now...
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