In 2008 we had the credit crunch when the can was just kicked a bit further down the road and here we are 10 years later with the world in pretty well the same predicament. The only difference is a lot of money has been printed in those 10 years, so now there will be somewhere in the region of 2.4 quadrillion dollars wanting to be somewhere else and a good chance that a good stack of that will be heading for gold. The simple fact that there is no answer to the problem means they will just carry on printing yet more money which will also head for gold, which hopefully will mean this share in three or four years time. Long term I’m looking at this as the bargain of a lifetime A proper little gem !
CAI Price at posting:
3.5¢ Sentiment: None Disclosure: Not Held