A Crash Warning Has Been Issued For The Economy; Buy Gold and Silver
ETFDailyNews.com
July 5th, 2012
Jeff Nielson: Regular readers of my work know that I have been outlining (and warning people about) two potential economic scenarios; as the West’s terminally-ill economies lurch towards their final collapse. These hollowed-out, debt-saturated economies would (will) either crash under the weight of their own insolvency; or our governments will create a hyperinflation death-spiral — in a last desperate attempt to avoid that bankruptcy event.
While both paths represent utter, economic suicide; the road to ruin is much different in these two scenarios. This has severely limited the investment options and strategies for any prudent investor. Forced not only to “play defense” with our investing but to prepare for two more-or-less opposite events has made precious metals the one asset class which can protect investors from either of these fates.
I’ve explained on multiple occasions in the past why precious metals will outperform other asset classes in both a debt-default crash or hyperinflation-spiral scenario. The purpose of this piece is not to repeat that analysis, but rather to point out that as of this moment the “crash” scenario has become not only the most likely scenario, but an imminent event.
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I definitely agree that precious metals will outperform other asset classes in both a debt-default crash or hyperinflation-spiral scenario.
I just don’t think most people realize the seriousness of the situation. It is hard for small investors, like myself, to buy bullion. One site that gave me helpful service was http://www.cherishedgold.com . They are reputable and willing to fulfill your requirements and are a very safe online source.