During a general market collapse never hold gold stocks as they will collapse with the rest of the market
Hold gold as a hedge against AUD collapse
In a debt deflation money printed into existence through debt and held in assets disappears as assets are sold to service debt
I know this doesn't make sense to some of you because we assume a collapsing economy means a collapse in the value of a currency . Unfortunately in an economy based on printed credit expansion the opposie occurs
There will a time when the ASX is down to say 1800-2000 when it will be right to hold gold stocks
Australia is one of the most fragile economies in thevworld wevexist because of the worlds QE efforts, if that's taken away then we will suffer more than the others
