Adam points out that gold bull markets usually result in a
1:1 Dow/Gold ratio, something that he expects to see happen in the coming
years. In other words, it is still a great time to buy gold.
Adam is pessimistic about the eurozone, and thought plans
for European Monetary Union were delusional, on account of the differences in
culture and political economy between different European Union countries. He
also discusses his mining experience in South Africa, and why – contrary to
much negative press the country gets – it is actually still a great place to
live and work. He expects companies to increase their mining investments in the
Witwatersrand Basin, and thinks that this region will remain the world's
premier gold mining location.
This video was recorded on May 18 2012 in Jersey, British
Channel Islands..."
No comments:
Post a Comment