By: Henry Lazenby
Source: Mining Weekly
“Recent years were kind of like the perfect storm – anything and everything that could go wrong went wrong,” Regal Point Capital Management chief investment officer Vijay Marolia tells Mining Weekly.
He argues that precious metals are still the ultimate holders of value and a currency on their own. Marolia further believes that what the public is told by governments about inflation does not always ring true. “We are often told that inflation is a natural phenomenon, but, in reality, deflation is natural. Productivity and learning, in fact, create a downward movement in prices if it is a free market,” he says.