Once again not an endorsement of the deal concerning silversgreat up side from here on out.
Since THO would be in more unstable south american
countries during a world collapse, facing possible
nationalization, and greatly lowering of its share price while
that nationalization is in place, probably for years. Very
depended for what share price it has, on it's now LSG
gold mines in safe non nationalization canadian soil.
Probably taxed more but not nationalized.
Though canada just admitted it stupidly has no gold
reserves (needed to recapitalize its central bank)
if a world collapse of QE printed money took place.
So who knows for sure. Gulp!!
From
'Egon von Greyerz Warns The World Now Faces An Economic
Disaster'
March 28, 2016
https://kingworldnews.com/egon-von-greyerz-warns-the-world-now-faces-an-economic-disaster/ "On the heels of wild start to the 2016 trading year, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, just warned that the world now faces an economic disaster. He also discussed the historic opportunity in the silver market."
.....
.....
"Throughout history an annual wage has been around 50 ounces of silver. But in the last one hundred years this measure has got out of sync. If we assume that an average wage today is $50,000, and that should be the same as 50 ounces of silver, the price of silver needs to be $1,000 to come back to the historical norm. As you know Eric, I said in my interview last week that silver could reach $660 based on my projection of $10,000 gold and a gold silver ratio of 15. So $660 or $1,000 are both potential longer term targets for silver.
But I must stress again that physical gold and silver must be bought to insure wealth against all the risk that I have talked about. Metals should not be bought for speculative purposes but as insurance against a potential total destruction of conventional assets such as stocks, bonds and property"