from Kitco NEWS
Investors are in search of returns in a marketplace that is in unchartered territory given the unconventional central bank policies around the world. However, one author and economic researcher, says the answer may lie in the precious metals space. “The next 20 years are going to be completely unlike the last 20 years, so we think that history is a really poor guide at this moment in time,” Chris Martenson, co-founder of Peak Prosperity, told Kitco News. “The reason is that the world is running into resource limits right now in a way it’s never done before.” Martenson noted that the economy is unsustainable and said he likes gold and silver as wealth preservation assets. He explained that right now, there are too many claims built up in the market and not enough of the metal to back up these claims. Once that turns around, the beneficiaries will be the investors that hold the physical metals. “It’s transferred from the people who have too much paper wealth to people who own the real things, so gold and silver is the best way for the average person to own real wealth,” he said.
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