Ann: Gold Plant Update , page-85

Its all very well that we have a potential currency crisis and potential equity markets collapse, but the question I still can't get my head around is what does this mean for gold and gold equities.

In the short term, I can see a sell of in equities and a flight to the USD, which will cause the gold price to go down- or possibly even up on safe haven buying (hard to know).

The thing that perplexes me is that whether the gold price goes up or down, doesn't seem to matter to the value of our gold equities if the equity markets collapse.

Instead of carrying on about how fiat currencies will all be worthless one day, isn't the prudent approach to be out of all equities right now, wait for the equity markets collapse and then buy back into gold equities, which will be much cheaper then?

Am interested in posters opinions on this.