super funds will be badly hit., page-13

We finally agree on something! I manage accounts which focus on precious metals and mining stocks and I am familiar with the fiat currency scenario. I personally think that we wont have a Weimar situation but steadily deteriorating fiat currencies vs hard assets in particular agriculture and precious metals. The euro is an accident waiting to happen and in time it will disintegrate into a strong area and the PIIGS will break off as their economies are unsustainable.

Superfunds that I look after are heavily exposed to gold stocks and metals.