Inflation Nation

[Pro-Life]

The Madness Of Crowds, The Sanity Of Gold
by Tyler Durden - Thu, 11/12/2020 - 21:40

https://www.zerohedge.com/markets/madness-crowds-sanity-gold?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

Stated more simply: Fantasy has replaced facts.

Neither I nor you can time the expiration date of this misguided yet ephemeral trust in using counterfeit money to pay for record-breaking debt levels and historically unmatched asset bubbles.

But as both history and natural market forces confirm, that trust ends once currencies lose their value and the madness of crowd faith in fantasy is replaced by a mad crowd of broke investors.

Those who confront facts rather than fantasy, however, can prepare for the unfolding of history and math without having to worry about the precise “timing” of what is otherwise inevitable.

Toward that end, the historical remedy for the current wave of policy madness has always been the same: Precious Metals.