Andy Hoffman was back for a pre-Christmas rant on Monday. He has no fear about where the metals prices are headed. He’s taken as much money out of the banking system as possible and is always seeking ways to further minimize his participation. Eventually, we’ll all reach a point where it’s just not practical to reduce our paper holdings any further. And that time is probably not too far off into the future. We’re getting to the point where controlling the precious metals prices will just not be possible or desirable. Especially, when famed silver trader Andrew Maguire says that premiums between the paper and physical markets are going way up. Andy Hoffman joins Kerry Lutz of the Financial Survival Network to discuss this year end action in precious metals.
This interview was hosted by Financial Survival Network.