Sinclair may be a single trick poney but he sure is a good read and he has to be one of the best at what he does
Seems to me in this circus ctindale you have to ride more than one horse at the same time
Faber is a gloom and doom artist with a well defined armageddon scenario too
He is also a boom artist and talks about major inflection points that we are seeing and being diversified as important for wealth preservation
And he is still very much into gold and goldmining
Sure the USD may be oversold and equities overbought - Faber acknowledges this but thinks following a correction equities will move higher - guess he's equating inflation with share prices(the Zimbabwe scenario)
I'm into PMs/PM mining, AUD cash but seriously wonder if I'm diversified for wealth preservation -commodities? agri. land? asia stocks ?
Of all the things I worry about tho' gold way down on the list as it truly is the armageddon asset to hold I reckon despite the risks of someone nicking off with it
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Sinclair may be a single trick poney but he sure is a good read...
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