Whether the markets follow the script of the early 1970s or deviates will be determined by how aggressive the Federal Reserve and government become. Either way, whether another down leg in the stock market or a move to renewed inflation by the Federal Reserve will not be a positive outcome for the U.S. as a whole. Our citizens as well as government have gone on a lavish lifestyle over the past three decades and there has been a price to pay for that lavish lifestyle, and now that price is being paid. The best measure to protect one’s standard of living in this type of environment I believe, is to own gold and silver bullion. It appears savvy investors have anticipated this outcome as mints all over the world are sold out, with some having several month delivery waiting periods. With mints already sold out and the public at large out of the gold market, prices will undoubtedly head higher as the public piles in during the upcoming mania phase… GOT GOLD?
Chris Puplava
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