DON'T GET HYPNOTIZED
BY THE FAKE "RECOVERY"
Political talk is cheap. Believing it can be fatally expensive!
By Craig R. Smith
Chairman, Swiss America
A man walks onto Wall Street but suddenly discovers that nearly everything there he touches is a fake movie set. The great banks and investment houses are made of styrofoam or paintings on cloth and the people are mannequins. This nightmare vision ends with the man finding real humans inside just one real bank.
This innovative TV commercial by Barclays Bank aims directly at our fear, while claiming itself to be "a bit more substantial." But the truth is: all banks are built upon illusory paper wealth with a spongy foundation.
Recent events have opened our eyes to a brave new world where the institutions we used to trust with our life savings and future security are no longer reliable. Our hope has been dashed. Our trust has been broken for many good reasons:
* Free-spending politicians and their media allies tell us the economy is recovering, but unemployment is stuck near 10%, and underemployment has just topped 20%.
* Our national debt is growing by $100,000 every three seconds, and politicians have us on track to a once-unimaginable debt that could exceed $24 Trillion dollars just ten years from now.
* Until now we've borrowed from Communist China and Japan to cover the big-spending bar tab of our power-drunk politicians. But now both China and Japan have growing economic problems of their own – and growing doubts about our ability to repay them with uninflated dollars.
* And with this will come higher taxes and a higher cost of living in 2011. Government-induced monetary inflation will, like locusts, reduce the value of our life-savings dollars to mere pennies ... unless we convert our dollars now into something that political fakery can't destroy.
The big investors are betting that our politicians will spend enough stimulus money before 2011 to fool the little fish into re-investing in stocks in what appears to be a recovery. Smart money has snapped out of the political trance and begun exchanging paper dollars for gold, the world's ultimate inflation-proof money!
Growing stock market volatility and government distrust has prompted big investors to go for gold, sending the price of the yellow metal surging to new highs! The big boys know where to go for safety – gold, real and reliable, not like the so-called “recovery” the politicians and their media allies claim is happening.
For your family's security, isn't it time to diversify your investments with gold right now? For their sake, don't risk waiting.
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