Taleb: Global Crisis "Vastly Worse" Than 1930s, Buy Gold and Copper

Investment advisor, risk expert and "Black Swan" author Nassim Nicholas Taleb said today:

The current global crisis is “vastly worse” than the 1930s because financial systems and economies worldwide have become more interdependent ...

The global economy is facing “big deflation,” though the risks of inflation are also increasing as governments print more money...Gold and copper may “rally massively” as a result...

“We’re going to get to the point where recovery is just not soaring and they’re going to do the same again. We’re going to have a very slow recovery from here.”...

Gold, copper and other assets “that China will like” are the best investment bets as currencies including the dollar and euro face pressures...

And see this.

Note: Numerous other experts agree with Taleb that this could be worse than the Great Depression.

I am not an investment advisor and this should not be taken as investment advice.