I believe Doomberg is right in suggesting that we may soon be witnessing the end of the European experiment.
His assessment that Europeans will flee to physical gold is also likely correct.
However, that flight to gold may prove to be the wrong strategic move in a hyperinflationary environment... One in which governments are likely to clamp down on capital assets, while desperation among individuals increases the risk of violence & crime.
If Doomberg’s hunch is correct, we may be approaching the first real stress test between gold and Bitcoin, where one will demonstrate superior survivability and utility in a hyperinflationary world.
