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The Paper Problem

“Money is Money, and Paper is Paper. All the invention of man cannot make them otherwise.”

With that line, Thomas Paine opened a devastating critique of paper money, clearly demonstrating that gold and silver are far superior.

Unfortunately, the powers that be didn't listen to Paine. And neither did the investment world, because it's managed to turn the market for gold and silver into its own paper markets.

It’s not exactly the same as fiat money, but the impacts are similar. We’re seeing this manifest in the silver market today.

In this episode of the Midweek Memo podcast, Mike Maharrey delves into the battle now raging between the paper silver futures market and the physical silver market and how it is driving the price. He also explains why he thinks the physical market will ultimately prevail.

In this episode, Mike also gives a quick overview of the recent CPI report and tells you why you might consider taking investment advice from a 10-year-old.
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Sound Money Defense League News
Stefan Gleason is President of the Sound Money Defense League, a national grassroots lobbying organization working to restore gold & silver to their historical role as America's constitutional money. He also leads Money Metals Exchange, a national precious metals dealer with over 50,000 customers. Gleason has frequently appeared on national television networks such as CNN, FoxNews, & CNBC, & his writings have appeared in hundreds of publications such as the Wall Street Journal, TheStreet.com, Seeking Alpha, Detroit News, Washington Times, & National Review.
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