- Source, Mineweb:
Sunday, April 14, 2013
Maybe he Has a Point
"There is more reason to own gold than ever before; Silver will be an even better investment than gold; Don’t invest in bonds – they can ultimately be worth zero if banks and countries default; Don’t hold your money in banks – banks may eventually be allowed to fail – and in any case as today’s fiat currencies are debilitated through monetary expansion policies they will devalue against precious metals. (Indeed he said as an aside that he wouldn’t be caught dead with his money in the bank!). Sprott’s financial acumen has made him a billionaire – maybe he has a point."
