"This currency, as we manage it, is a wonderful machine. It performs its office when we issue it; it pays and clothes troops, and provides victuals and ammunition; and when we are obliged to issue a quantity excessive, it pays itself off by depreciation."
Benjamin Franklin, 1779.
It's a subject that's almost impossible to ignore for today's Money Morning: silver.
It has broken out to new highs. Again. On Monday it touched $34 an ounce, four times the price it was in late 2008. But at these levels, should we be buying, selling or holding? What to do? Thinking can be a dangerous business... Click Here To Read More