Liftoff and Collapse

The comments below are an edited and abridged synopsis of an article by Egon von Greyerz

Get ready for the biggest collapse in the history of mankind. It will be devastating and will reach all parts of society—economic, financial, political and social.

Liftoff and Collapse | BullionBuzz | Nick's Top Six
3D illustration concept on economic collapse

It won’t happen until the world experiences a liftoff in markets of gigantic proportions. This will be the grand finale of this financial era. It will involve inflationary liquidity injections of proportions never seen before, and it will lead to a massive explosion in many asset markets.

Most investment assets will benefit as the disconnect between markets and reality grows to distortionary proportions.

Up for discussion: the outcome of the upcoming US election is irrelevant; super-cycle bull markets to end in euphoria; liquidity injections will give short-term benefit to the economy; from boom to bust; commodities will boom; precious metals will shine; precious metals mining stocks will soar; the US dollar is starting its final journey to zero; and how interest rates will react.

Holding gold and silver stocks will be the investment opportunity of a lifetime. Since they are held within a vulnerable financial system, these holdings should represent a smaller percentage than physical metals.

To hold physical gold, silver and platinum outside the banking system is the ultimate form of wealth preservation and insurance against a debt-infested and unsafe financial system.

Holding physical metals and a portfolio of some precious metals stocks means that investors will be able to ride out the coming volatility in markets and also benefit financially. The trend in the next 5+ years is virtually guaranteed.

So—better to avoid the coming boom and bust in the general stock markets, and stick to metals.

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