AUC Target 12c - Strategic Target 18c, page-38

I think the suggestion of hyperinflation is rather misleading. What matters is real yields, which are arguably already negative with close to 30 Trillion in negative-yielding debt globally and growing. Remember that the price of Gold actually fell during the war economy in the 40's as well as the 50's (when fiscal expansion was last at these levels). I am a long term bull on the yellow metal but hang tight people (it will continue to be messy in the short to medium term).

But great buy nevertheless, I am envious. I bought in at an average of circa. 4.8c and am steadily accumulating at these levels. Its a great diversifier along with my Energy and Copper exposures. Here's to hoping for a roaring 20's relived where the economy booms along with the yellow metal.