It’s March already and the financial markets are on fire, negatively that is! The world indices are at lows not seen for over 15 years and the fear is that there’s still much more to come. Maybe we’ll see a bounce first but this bear market is far from over. The worldwide economy keeps on deteriorating further and further and at a pace not seen in recent history. Where will this end we ask ourselves? Well, I don’t think anybody really knows because the current situation is unprecedented. Interest rates are being lowered all over the globe in order to keep the financial system going. The big question is will it work? The problems in the system are so enormous that all the measures taken up until now have failed, so why keep on throwing good money after bad? The possibility of deflation is now looming. Consumers are slowing spending at a rising pace, so prices have to be lowered in order to persuade the consumer to buy products again… this combined with the very low interest rates and the creation/printing of new money will without any doubt lead to hyperinflation further down the road, a perfect environment for precious metals. Any decline in these metals over the coming months or years should be taken as a last opportunity to preserve some of your wealth and livelihood. Don’t be fooled by the powers that be. They want to preserve the current status quo as long as possible but just look at the writing on the wall. The times they are a-changin’ and they are changing fast. Make sure that you will not be left behind once the precious metals train starts its decade long journey.

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