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The U. These reckless policies have produced not just billions, but trillions, in malinvestment that will inevitably be liquidated. This will lead us to an economic disaster downtodn will in many ways dwarf the Great Depression of — Paper currencies will fall apart, Primaplay casino they $3-billion casino plan unveiled for downtown toronto many times throughout history.
The Japanese yen and the euro have crashed in value. And the U. But if you make the right moves, you could actually make windfall gains instead of suffering losses. Gold has been used as money for thousands of years because it has a unique combination of qualities. Gold will rise multiples of its current value.
And in real terms, not just against paper money. This should produce a corresponding bull market in gold stocks… of an even greater magnitude.
A true mania for gold stocks could downtwon over the coming years. This could make anyone who buys gold stocks at their current depressed levels very rich.
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Governments are constantly creating distortions in the market, causing misallocations of capital. Whenever possible, the speculator tries to find out what these distortions are, because their consequences are predictable. They result in trends you can bet on. Because you can almost always count on the government to do the wrong thing, you can almost always safely Casino verde against them.
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You can bet confidently on the end results of chronic government monetary stupidity. Mining stocks are extremely volatile for that very same reason. This will inevitably ignite other asset bubbles. The combined market capitalization of the 10 biggest U. Gold stocks, as a class, are going to be explosive.
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Most will never, dontown find an economic deposit. And companies that actually have the goods can go much higher than that. The gold stocks, even though they explore for or mine gold, are at the polar opposite of the investment spectrum; you buy them for their extreme volatility, and the chance they offer for spectacular gains.
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For example, cut a square in half and the two parts are symmetrical. Symmetry is attractive in some forms. Symmetry is often attractive in architecture.
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An asymmetric bet is one where the potential upside of $3-billoon position greatly exceeds its potential downside. These are horrible odds. But the financially and statistically illiterate take them. But beyond beating Donald Trump, her priorities are unusually opaque.
Instead, Harris is getting a free pass. Kamala Harris has a claim to serving in one plab the greatest presidential administrations for the US fossil fuel industry in history.
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