History shows that once or twice in a generation a global crisis comes along that radically devastates people’s way of life. A fundamental shift so big and drastic and overwhelming that it destroys their standard of living and impacts every area of their lives. We are about to experience one of those events:

Deflation then Hyperinflation.

Coronavirus crisis has accelerated liquidity injections that has been coupled with a collapsing money velocity, as shown on the above chart. The confluence of collapsing money velocity and massive liquidity injections will have its day of reckoning. And when it does, the deflation and subsequent hyper-inflation, could rival the hyperinflation Germans experienced during the time of the Weimar Republic.

History shows that on the opposite side of every crisis, there is an equal opportunity….precious metals.