Jan 7, 2020
Financial writer and book author John Rubino says, “We have entered a new stage which feels like one of the end stages of this process—when governments just give up and don’t even pretend to try and control their finances anymore. Well, we are there. That’s when it will be clear to everybody that is the case, and then your gold goes through the roof. The investment thesis ends with you loading up on precious metals and then riding the inflation and/or monetary reset that has to happen because of past mistakes. . . . The nightmare scenario is if we are already having a financial crisis and then we have a war with China and Russia, it’s unimaginable. I cannot factor that into a scenario for financial asset prices because it is too crazy.”
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