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John Authers interviews Russell Napier author of the cult classic: Anatomy of the Bear
Bloomberg/John Authers/3-3-2020
“This is where we are headed, and helicopter money must come with financial repression — something I have written a 60-page tome on for clients. I cannot go through all those arguments, but gold is the stand-out asset class in a financial repression. So in the world of finance Covid-19 will be remembered not for the damage it did, but for the new form of cure it unleashed — particularly in Europe but also probably in Japan. Gold benefits from this shift for a very long time indeed.” – Russell Napier
USAGOLD note: The timing for this interview could not have been better given the present circumstances in global stock markets. We cited it in this morning’s DMR and post the link here for those who may have missed this morning’s report.