If hiring a money manager today, hire one from South Africa or Brazil because they are familiar with financial repression—the state allocating, manipulating, or 'stealing' savings—and have developed the skill set to make money legally in that environment, unlike Western managers trained only in the post-Thatcher/Reagan era of shrinking government and growing markets.

normativepending

Speaker

Russell Napier

Evidence Quote

very smart South Africans and very smart Brazilians have still made money in this environment legally... they've got a skill set to play a different game

Source

Russell Napier: Gold Is Screaming a Warning (But No One’s Listening)The Meb Faber Show
Created: 6/18/2026, 1:59:14 PM

My Notes

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