Nigel Farage on being patient on gold and a serious heads up on the potential for the loss of sovereignty and how it would be implimented. (I know, a little OT on his second opinion, but worth recognizing nontheless)
Farage had this to say regarding gold: “I think just as my view that the eurozone is going to take longer to break down, and that the severe, underlying banking crises that lie behind it may be staved off for a bit longer, I think the moment at which gold reaches the really big peaks that I think it can reach, maybe that’s been deferred a bit.
Maybe it’s going to take longer for all of this to come to a head, but you certainly wouldn’t want to be short of gold, you’d want to be long of gold. And we’re probably in one of those markets now where you are going to have to display a little bit of patience.
But I do firmly think if you get any dips on gold from here that it should be bought.”
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