“On a personal level, try to produce more than you consume. Keep your savings in gold, not in currencies. Diversify internationally because your biggest risks today are political, not market risks, not investment risks. The investment risks today are huge because with governments all over the world creating trillions in new currency units they’ve driven stock markets to what I think are unsustainable levels. They’ve driven the bond markets to become the biggest bubble in world history. The bond markets are in a bigger bubble now than tech stocks were in the year 2000 or real estate was in the year 2007. Think like a speculator, because they’re going to ignite lots more bubbles.”
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