keepitreal
Platinum Member
100 Years Of Massive Credit Expansion
To own gold is not climbing a wall of worry. For anyone who understands the problems that the world is now facing, physical gold ownership gives peace of mind and the best insurance that money can buy. So why are less than 0.5% of world financial assets invested in gold and gold stocks? There are several reasons for this. Firstly, 100 years of massive credit expansion and money printing have mainly inflated the asset classes that investors understand, be it stocks, bonds or property. Also, financial repression, which in layman’s terms means manipulation, has totally distorted most financial markets. With the help of derivatives, governments, central banks, investment banks and hedge funds can create false markets in most investment areas. If a market is massive and global, like currencies, they are very hard to manipulate, except if several major sovereign states collude. But in a small market like gold and silver, it is extremely easy to manipulate prices. Even more so when a lot of it is done with the assistance and blessing of governments…
“All Manipulation Ends In Tears”
Egon von Greyerz continues: “But all manipulation ends in tears. The longer it takes before a market gets back to its unmanipulated equilibrium, the bigger the adjustment will be. In the meantime, investors believe that their portfolios will continue to grow to the sky. Nobody fears the fact that P/E’s are 80% above the average or that bond yields are around zero or negative in some cases. But in bubble markets not much is needed to change sentiment.
Greyerz - This May Crash Europe's Financial System And Lead To The Next Global Crisis And Collapse - King World News
So why are less than 0.5% of world financial assets invested in gold and gold stocks?
Because gold and gold stocks make up less than 0.5% of world financial assets.
Nobody fears the fact that P/E’s are 80% above the average
I don't fear it because it's not true.
So why are less than 0.5% of world financial assets invested in gold and gold stocks?
Because gold and gold stocks make up less than 0.5% of world financial assets
Gold can not be the solution, it's not feasible.
I think it would be short sited not to consider,
the main players of global economies,
already have a monetary system set up
to usher in for when the time comes.