We Are In Worst Position Since World War II - Speaker

The state of world affairs are dire, this according to Robert Vrijhof, founder of Swiss-based asset management firm WHVP and speaker at the Total Wealth Symposium. According to Vrijhof, the best asset for investors to hold right now is gold. “I don’t think you can be optimistic at the moment, I think we’re on very thin ice worldwide and I must say we’re in the worst position since WWII,” he told Kitco News at the event. “The only thing that I like at the moment is gold or Canadian gold or silver stocks.” Although Vrijhof said he wouldn’t be surprised to see a pullback in the yellow metal, he expects gold to move above $1,400 over the longer term. “We’ve got a currency war going on, so the only real currency we’ve got at the moment, in my eyes, is gold.” (show less)

The state of world affairs are dire, this according to Robert Vrijhof, founder of Swiss-based asset management firm WHVP and speaker at the Total Wealth Symposium. According to Vrijhof, the best asset for investors to hold right now is gold. “I don’t think you can be optimistic at the moment, I think we’re on very thin ice worldwide and I must say we’re in the worst position since WWII,” he told Kitco News at the event. “The only thing that I like at the moment is ... (read more)

Total Wealth Symposium

Total Wealth Symposium
From September 14-17, Kitco News will provide coverage of the 15th annual Total Wealth Symposium in Bermuda. The event brings together experts and veteran investors to discuss topics like international investing strategies, tax, asset protection, privacy and more. This year’s symposium brings some high profile speakers like longtime gold bug and investor Doug Casey and former congressman Bob Bauman.

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