UNPRECEDENTED GLOBAL RISK – NO ONE CARES

“Risk involves the chance an investment’s actual return will differ from the expected return. Risk includes the possibility of losing some or all of the original investment.” (Investopedia) So there we have it. Risk means that you can lose part or all of the investment. Normally valuations take risk into account. But is the world really valuing the following risks accurately:

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RISK ON: WAR, ECONOMY, DEBT, DOLLAR – RISK OFF: GOLD

Totally irresponsible policies by Governments and Central Banks have created the most dangerous situation that the world has ever experienced. Risk doesn’t arise quickly as the result of a single action or event. No, risk of the magnitude that the world is experiencing today is the result of many years or decades of economic mismanagement.

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GOLD IS PROTECTION AGAINST DAMNED LIES AND WAR

by Egon von Greyerz

There are lies, damned lies and news

To paraphrase British Prime Minister Disraeli who said: “There are lies, damned lies and statistics. Today we are fed with lies ubiquitously in the form of news and most people who just follow conventional media are totally unaware of the truth. Because the truth is not spoken by many today:

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