I see you are in gold equities so can understand your doom and gloom sentiment as equites can loose value more than bullion in a down market (even gold equites), but equites dont go up much,too buy equites you need stability. We wont get that for a while if at all. (gold is not down much % wise, high $1900 low $1600
I think Now is the best time to buy silver Silver will now out perform gold (around $30 is great) As silver is more industrial than gold also the industrial processes in place are tooled to use silver even when it does rise harder % wise than gold it will still be used more by industries.
Most people dont realise, If silver production is affected as its industrial the price can really go high, maybe nearly as high as gold. In wartime production for a lot of items is stopped or declines.
Get bullion as gold confiscatioin could be on the cards later, not just confiscation but PRICE controls from Gov as they look for scapegoats they will blame gold traders for driving gold up and making the currency look bad
Silver is not confiscated nor any controls placed on it
From Celente website History is repeating itself. We went through the panic and crash of 1929, the Great Depression, currency wars, trade wars and then World War II. We went through the panic of 2008, we?re into the Great Recession/Great Depression and they are only keeping it together by printing money, and we have currency wars.
You cant ramp gold or silver, no point trying
Trade wars soon? then what?
Get gold bullion but also get Silver, maybe 50/50 Trade the ETF's like etpmag or gold but dont want to hold them if things get bad and markets/banks close etc... Normally when the gov keeps saying the banks wont close or have a holiday over and over is when they soon will.
