Shelter from The Coming Storm – Gold, Silver, and Real Assets
Thursday, 17 January 2013
A hurricane of digital money created by central banks to purchase government debt and other dodgy assets from banks.
A tidal wave of deficit spending by governments around the world. It continues, regardless of whether you call it business as usual, stimulus, payoffs, or bailouts.
A perfect storm of derivatives – the weapons of mass financial destruction that continue to plague our financial system – but make $Billions (Maybe $Trillions) in profits for the huge banks.
A tornado of bailouts, giveaways, loans, and currency swaps from the Federal Reserve to backstop banks, politically connected individuals and corporations, European governments and others.
An approaching thunderstorm of new and higher taxes – perhaps a carbon tax, a VAT, and a wealth tax. We hope most of these will be downgraded to a hot air disturbance.
A tsunami of Japanese Yen based on the election of Prime Minister Abe and his avowed intention to weaken the Yen.
Why Do We Need Shelter?