Historic Gold, page-33

"it's different this time"


At present Au AUD?

or

Dow 20k?

or

Property -
. . . Like Auckland?
On the international property carousel (London, NY, Toronto, Sydney etc.).

or
. . . the ratings agency, S&P lowered the credit ratings on 7 N.Z. financial institutions, pointing out that the housing bubble in Auckland is not going to end up so good for these institutions… - See more at: http://www.dailypfennig.com/2015/08/14/short-n-sweet-one/#sthash.cR1bkq0e.dpuf

Paper currency risk?
. . have to say that I’m seeing something that was bound to happen come to fruition… And that is the Currency Wars, where all the countries debase their currencies to promote economic growth through exports, are finding that when everyone else is doing the same thing, there’s no benefit received…. And then when the rest of the world is wallowing in the economic mud, it doesn’t matter how cheaply the goods are that come into each respective country are, because if the people have hunkered down to ride out the weak economy, they aren’t buying! And then what does the country do with their debased currency? - See more at: http://www.dailypfennig.com/2015/08/14/short-n-sweet-one/#sthash.FY0QC2Zf.dpuf