THANK GOD FOR GOLD, PART 2

Leave a comment

The Western financial system as it is tied to the U.S. dollar is saddled with so much debt and unfunded liabilities that it is on the verge of total collapse.  It’s difficult to tell when or what could trigger it.  It could be a single major event risk, or a corporate, state, or major municipality bankruptcy, or untimely hot war.  It’s not a matter of if but when

The question for our family is when it all melts down how are we going to find our way back from the ashes of a broken financial system to have a prosperous future?  We go back to some form of a commodity based currency, says financial writer John Rubino, co-author of The Money Bubble and The Collapse of the Dollar and How to Profit From It.  A currency that is linked to something real, and exchangeable for that real thing. Something that is not fiat currency. Keep on reading!

THANK GOD FOR GOLD, PART ONE

Leave a comment

Why do we say, “Thank God”, when the world is on fire?  Do we really have anything to be thankful for this Thanksgiving?  And why is gold such an undervalued asset?

While we fight our way through numbness and Weimer hyperinflation posing as a 1930s depression I’m not dumbfounded to learn that debt continues to mount exponentially everywhere I look.  It’s in the tea leaves of global financial stress and it’s the bottom line of every paycheck we earn.  Everybody’s heading for bankruptcy, and nobody seems to have a really solid answer on how to avoid it. Keep on reading!