The Number One Reason to Invest in Gold…
February 10th, 2013
With the the U.S. economy having once again dropped into negative recessionary growth, currency wars around the world heating up through direct and indirect devaluations, and trillion dollar fiscal deficits piling on, how is it possible that the stock market, a key measure of economic health for many Americans, is touching near all time highs?
Marin Katusa, Chief Strategist at Casey Research, suggests that this effect can be traced to monetary machinations that are happening behind the scenes, where few people are willing to look.
“Because they’re printing and making the availability of money so easy, the market is really confused right now,” says Katusa.
The reality is that literally trillions of dollars have been borrowed and printed to bail out the United States and Europe, and much of that money has been injected into stock markets to give the appearance of recovery.
It is, at best, an illusory effect.
Given that more people than ever before are out of work, over half of American households are dependent on some form of government disbursement to survive, and prices for essential goods like food and energy are consistently rising, it’s only a matter of time before confusion in financial markets turns to panic.
And when it does, just as we’ve seen throughout history, only real, tangible assets will be of value.
One such asset that has always maintained real value in times of calamity is gold.