You Do Not Sell Physical (If You Can Afford Not to)
What I’m about to say may seem a little conspiratorial to some. To others, it may feel like I’m not going far enough. And that’s fair enough. But to most of you, I hope it will feel like an explanation, and a very big-picture framework, for what is going on in the world.
If you agree, you understand that this explanation serves as continued validation for your desire to hedge debasement risk due to multiple global affairs as they manifest in local economic policies. So here we go.
In a globalized world, let’s start with the thesis so you can follow along without going down a rabbit hole.
We believe the gold market is being encouraged to be bought. Not silver, but that’s another conversation.
Using what we call the sponge theory, or bubble theory, the Fed and governments in general must overprint money to keep the economy going. They recognize that a good portion of that money will flow into places they do not want it to go. So they orchestrate bubbles. Those bubbles serve a purpose. They are the sponge.
Continues below.. plus early look of How China is eating our lunch in PGMs now
