The sheer magnitude and brazenness of state capture activity under Zuma’s presidency makes the average South African distrustful of the rosy picture most government officials paint of the future and their general commitment to improving the economy through job creation, controlled inflation, and addressing poverty and inequality.
Fulfilling those promises while looting the state offers is like putting tithes in the offering basket at church with one hand but taking them out with the other hand (plus a little extra). Investors in precious metals know this, and through the purchase of silver and gold hope to bypass any possible exposure to the theft of their money through economic transgressions.
Article courtesy of Going for Gold: A guide for the South African precious metal investor by Zoltan Erdey
