“‘If I scare you this morning, and as a result you take action, then I will have accomplished my goal.’ That’s what I told the audience at the Sprott Natural Resource Symposium. But the reality is that I didn’t need to try to scare anyone. The evidence is overwhelming and has already alarmed most investors; our greatest risk is not a bad investment but our political exposure. And yet most of these same investors do not see any need to stash bullion outside their home countries. They view international diversification as an extreme move. Many don’t even care if capital controls are instituted. I’m convinced that this is the most common—and important—strategic investment error made today.”
http://www.caseyresearch.com/cdd/the-single-most-important-strategy-most-investors-ignore