If you're content just skimming the headlines and leaving it at that, you might conclude that happy economic days are here again in the United States - or at least on their way.
"Economic growth stronger than expected." "Fed dials back bond buying." "Stock market fundamentals remain strong." And so on. The powers that be and compliant news media want to get Americans to believe that the economy, and thus their own financial situations, are finally reaching the cusp of a new age of prosperity in a nation that hasn't known it now for half a decade.
But don't be tricked. Fed Chairman Ben Bernanke announced today that he'll begin reducing the bond-buying program called "Quantitative Easing" that has devalued the dollar even faster. And monetary gurus will point out that all this signifies restored economic health in the United States.
These slight upticks in the U.S. economy are just a lot froth on a sea of concerns. The present federal debt and trillions of dollars in future commitments, the fragile willpower shown by businesses, desperate individual unemployment, and the fears of corporate managers and business owners sitting on their cash are all signs that trouble is brewing underneath all this sunny, positive outlook.
And that isn't even considering Obamacare and the intensifying drag that will place on the economy, and on the spirits of the American people, as they fully realize what we and many other critics have been telling them all along: that it's a way to rob them of their money, health and freedom all at the same time.
In this scenario, it's a shock to us that precious-metals rates continue to be despondent. Definitely there are several smart investors who can tell that a positive outlook at this time of growing crisis is like whistling through a graveyard. The United States of America continues to be just one step away from an economic disaster that will make 2008 look like a practice run. And there will certainly be nothing that any charismatic politician or industrial magnate can do to stem the chaos once it starts.
So, in conclusion, now is really a great time to rethink your investment plans and set aside gold and silver. There is not much time left before the fundamental truth of the creaky worldwide economic situation becomes apparent to everyone.
"Economic growth stronger than expected." "Fed dials back bond buying." "Stock market fundamentals remain strong." And so on. The powers that be and compliant news media want to get Americans to believe that the economy, and thus their own financial situations, are finally reaching the cusp of a new age of prosperity in a nation that hasn't known it now for half a decade.
But don't be tricked. Fed Chairman Ben Bernanke announced today that he'll begin reducing the bond-buying program called "Quantitative Easing" that has devalued the dollar even faster. And monetary gurus will point out that all this signifies restored economic health in the United States.
These slight upticks in the U.S. economy are just a lot froth on a sea of concerns. The present federal debt and trillions of dollars in future commitments, the fragile willpower shown by businesses, desperate individual unemployment, and the fears of corporate managers and business owners sitting on their cash are all signs that trouble is brewing underneath all this sunny, positive outlook.
And that isn't even considering Obamacare and the intensifying drag that will place on the economy, and on the spirits of the American people, as they fully realize what we and many other critics have been telling them all along: that it's a way to rob them of their money, health and freedom all at the same time.
In this scenario, it's a shock to us that precious-metals rates continue to be despondent. Definitely there are several smart investors who can tell that a positive outlook at this time of growing crisis is like whistling through a graveyard. The United States of America continues to be just one step away from an economic disaster that will make 2008 look like a practice run. And there will certainly be nothing that any charismatic politician or industrial magnate can do to stem the chaos once it starts.
So, in conclusion, now is really a great time to rethink your investment plans and set aside gold and silver. There is not much time left before the fundamental truth of the creaky worldwide economic situation becomes apparent to everyone.
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