Dragged it out for 10 years

10 years ago when interest rates were headed towards zero , my son said to me well that will not last, it will not work. Pensions need nearer to 8% to work. He had just been talking to a financial advisor about his pension. Yet here we are 10 years later and even with dodgy Italian bonds at 2.7% it really doesn’t work. To make it work central banks have had to print trillions and trillions of dollars pushing stock markets to ever higher highs but now heading down, so I believe this has gone about as far as it can go. A World wide reset or devaluation is in order and so much has been printed, somewhere in the region of 1,000 to 1 will be required. Simply printing money does not work, GOLD holds its value and probably why Central Banks are stockpiling it. And luckily we know where there’s plenty! GLA