Mises Wire

Silver, Gold and Financial Crisis

Silver, Gold and Financial Crisis

In this article, Silver - The Undervalued Asset Looking for a Catalyst, financial analyst Jim Puplava presents his analysis of why the prices of silver and gold will move higher as the financial system lurches toward a crisis.  He draws upon the monetary and business cycle theories of Murray Rothbard in his analysis of how fiat money inflation has created distortions in the real economy.  Although the essay focuses on silver and gold, it provides an Austrian analysis of where we have been and where we are headed. 

All Rights Reserved ©
What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. 

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member
Mises Institute