Originally Posted by
kingRB
Indeed LB. It's pretty clear since the GFC governments don't have the stomach to allow a wash out the system with a hard reset (depression) - so on the endless money printing goes. Sorry, economic "stimulus". All evidence leads me to the opinion of an incoming currency crisis.
Depression or hyper inflation, cash in the bank or cash under your mattress you are going to be screwed either way. Do your own due diligence, obviously don't take my word for it - but i'd be getting out of any cash positions and into precious metals / hard stores of value as quickly as you can.
One of the other interesting things I will be watching is whether the Federal government continues to try to bring in a few hundred thousand migrants each year, to continue to feed the residential property Ponzi scheme. Won’t it be great when everyone’s house is worth a few million on average. We’ll all be ‘wealthy’.