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.
Today, let’s focus on Greece. Why? Because the country is one — of many — factors affecting the gold price.
Inflation can really spin out of control very quickly. So is double-digit inflation rate within the next five years in the future?
Everyone believes the gold market has reversed direction. The bull market of the last 14 years has finally ended. It’s all downhill from here, they say.
No central banker would ever willingly choose to go back on a gold standard. But in a scenario where there’s a total loss in confidence, they’ll likely have to go back to a gold standard.
When it comes to gold, gold in the ground, and gold mining, there’s no question that Australia is a superpower.
Gold is hard to find and hard to bring up out of the earth. As a result, its quantity is always limited — by nature herself.
When this trigger is pulled and the gold panic starts, it’ll run out of control very quickly. Gold prices will soar to heights no one thought possible just a short time ago.