I don't know if he is onto something, but the trend, I believe, is certainly out of the dollar:
The world will be in an utter panic to get rid of
dollars. And the stock market is not going to
provide protection from this kind of inflationary
storm so a lot of those dollars are going to end up
in the commodity markets, and especially in the
precious metals. When that kind of money hits a
thin market like gold, and especially silver, it
will drive gigantic gains.
Maybe he is wrong, some believe that the dollar
is actually a sort of safe haven in such
circumstances,
but I am on the other side a bet that he is
wrong...
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