See goldsilver.com/article/race-to-debase-201

World race to debase fiat has meant that what it takes to buy 1 oz of gold or silver is sky-rocketing - much more than the inflation statistics are claiming. The dollar is weakening rapidly. Whereas the Australian dollar is holding up comparatively well.

To me, the lesson is buy something (P) that can appreciate in real value in an inflationary environment and invest in a country (Australia) which is politically stable and rich in assets. I have been bailing out of stocks in countries which are prone to nationalize profitable companies.

It seems to me that LGDI is perfectly situated to be a fabulous windfall for us long-suffering minor investors. If keeping me in the dark is the price for Poppa G making me a bundle - keep me in blinders. Sure I would like an update on NAD but don't you think NAD is now a player in the negotiation mix?

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