Martenson Interviews Dines: ‘Wealth In The Ground’ Is Your Best Bet to Surviving the Coming ‘Supernova of Inflations’
by Tyler Durden
ZeroHedge.com
02/04/2012
James Dines has been in the business of making bold calls for over 50 years. In this deep-diving interview, he minces no words about the dire risks the US economy – and the world at large – faces at this juncture.
Simply put, he sees the excessive credit in the financial system as having placed the global economy on a collision-course with hyperinflation.
Unlike past periods of turmoil, there are no truly ‘safe’ places for investment capital to hide. Geographic markets and almost all asset classes are positively correlated these days. They share many of the same risks and if a systemic crash occurs, they will crash together.
At this point, says Mr Dines, you want to invest in assets that can not be printed away by government desperation. You want to hold hard assets; “wealth in the ground” as Dines says (physical commodities, mining companies, etc). They’re your best best to make money faster at a rate faster than inflation is going to happen.
On Government’s Odds Of ‘Saving’ The Economy
The Rest…HERE
