I think the new reality today is that Crude Oil at about $90-$100 and Gold at $820 is required to stave a total collapse of securities prices across the board. If that’s what the authorities want, ultimately that’s what they will get. The only thing to be determined is the interim volatility, which is the extent of the fight to be put up by vested interests among the commodity producers. And I think the strongest of those will not fight the pressure tactics of the central bankers and finance ministers because they will see that the period ahead is one where corporate takeovers of the industry’s weakest players can be facilitated.

Success comes to those who are prepared for it.

So, the term “Global Sell-Off” means opportunity to those who are thinking ahead.