Loading ...using any spare fiat to purchase more physical gold and silver. One factor is that Canada is showing confidence in the future international trade role of the yuan by taking steps to have Canada become one of several distribution hubs for the yuan. The other factor is the gradual and continuing expansion of Chinese ownership of assets in North America including, according to the Willie opinion on his recent Jackass item, a tiny foothold of Chinese ownership in the Federal Reserve itself. I need to learn more about the latter topic to determine its validity and relevance.
Until I learn more, I generally am comfortable with the working hypothesis that if accumulating physical gold and silver is good enough for China and the other BRIC jurisdictions then the same objective should be good enough for me. At the moment, I cannot readily think of a more useful guideline for protection of capital.
Best of wishes to all accumulators of physical silver and physical gold. Equiz