If you want to hedge against a financial crisis and a banking system collapse, your best bet might be a completely alternative financial system — bitcoin.
A year from now, investors could be talking about Deutsche Bank [FRA:DBK] in the same way that they talk about Lehman Brothers in 2008.
If another financial crisis hits in the months ahead, similar to 2008, the best speculative gold stocks can still outperform.
Gold producers and developers could see some good gains in the weeks ahead, as they are extremely leveraged to the gold price.
The S&P/ASX 200 Banks index is down 13.7% year-to-date. And it’s down 28.4% since March 2015. On the flipside, what has been one of the best performing sectors on the Australian stock market this year?
Goodfriend’s focus was to promote ‘unencumbered’ negative interest rate policy, which means getting rid of things standing in your way.
Today, let’s focus on Greece. Why? Because the country is one — of many — factors affecting the gold price.
One way to avoid negative interest rates is to go to physical cash. In order to prevent that option, the elites have launched a war on cash.
The question is, with gold having now pulled back 3.78% from the July high, what’s next? Should you lock in your gains, or have a punt?
Knowing how the Federal Reserve is organised and who’s in charge can position you to preserve wealth and even profit from the coming Fed-induced turmoil.