Totally agree Jopie. Just like to add that the only way from avoiding the worldwide Financial System falling into an Abyss is to continue with close to zero interest rates worldwide for many years and printing money plus infrastructure spend until the world economy goes through a period of boom times followed by high inflation.
That is the only way for Governments to pay interest on debt and pay back some of the debt ( through much higher tax collections from booming economies). With rising inflation the nominal debt will deflate and real interest rates (from the short end to long term Bond rates ) will be negative which will only boost the Stock Markets and Precious metals for many years to come.
So physical Gold, Silver and shares will outperform.
The alternative to the above scenario is not an option.
NVA Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
(20min delay)
