It can all be summarized as follows:
"You've got a perfect storm with no apparent solution," he [Kaplan] told the WSJ, pointing to the declining mine supply of gold and financial wherewithal of Western governments. "If the world does well, gold will be fine. If the world doesn't do well, gold will also do fine … but a lot of other things could collapse."
Read the article here: Kaplan’s Electrum buys C$149 million worth of NovaGold - JUNIOR MINING - Mineweb.com Mineweb
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