Will All of Your Money Be Wiped Out in The Blink of An Eye?
The comments below are an edited and abridged synopsis of an article by King World News
With all of the chaos, enormous leverage, and ongoing cyber wars in today’s interconnected global financial system, a terrifying question has arisen: Will all of your money be wiped out in the blink of an eye?
Stephen Leeb: “You might think that in today’s information age, gold—the so-called barbarous relic, as Warren Buffett has called it—would be relegated strictly to the realm of jewelry and other decorative purposes, with no role to play in our monetary system… Think again. When you look at what’s really going on in today’s world, it becomes clear that it’s the US that is at risk of becoming a relic—and that you’d have to be crazy not to own a lot of gold in some form or another.”
As John Embry said recently, “ignore the noise.” Gold isn’t just another investment. It should be viewed as THE investment, the one that’s essential to protect you against financial disaster. If gold pulls back, buy more. And if you want to go for the biggest gains, look at the chart posted on KWN comparing the metal with gold mining stocks. Gold stocks are ridiculously undervalued relative to gold itself. This bull market in gold is likely to translate into the greatest bull market ever in gold miners.
Up for discussion: Will all of your money be wiped out in the blink of an eye; China rules the internet; cyber theft—the greatest wealth transfer in history; and the end of fiat currencies.