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Gold set to explode! by Jeremy Mcnielsen





Article Author Biography
Gold set to explode! by
Article Posted: 03/01/2012
Article Views: 58
Articles Written: 454
Word Count: 407
Article Votes: 0
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Gold set to explode!


 
Finance & Investment
Why are you thinking of buying gold? You must be stupid or something. Gold is not money..

Well this is what the FED chairman Ben white shoe Bernanke would have you believe. I remember about 10 years ago gold was never talked about. Whilst we were enjoying the housing boom and the economy was thriving from all the cash being thrown around, gold just gradually crept up.

Then came the start of the GFC..

It feels like it happened over night. It was as if I went to bed with gold at $400 and woke up with gold at $1600.

As people started to realise the dire financial situation we were heading into, they went out and invested their money in gold and silver to protect themselves. These people were the smart people. I'm actually pretty embarrassed to admit...I was not one of those smart people.

I was one of the dumb people. I was one of those drones that went to a financial adviser who worked for a bank and I invested $20,000 in managed funds...about 2 months before the GFC kicked off. Now, luckily for me I pulled that money out as soon as I started to hear the dire warnings so I didn't loose my money like so many of my friends.

Why are the banksters bashing gold? Why are they buying so much of it themselves?

The banksters don't want you buying gold because for every dollar you spend on gold, its a dollar not sitting in their institution that they cannot loan out to make ten times that.

China is buying record amounts of bullion. Almost every single bank is trying to increase their gold reserves and its not because of tradition like Bernanke told the honorable congressman Dr Ron Paul.

There has never been a more appropriate time to invest in precious metals. Do your research, take the banks with a grain of salt and for gods sake don't go to a financial adviser unless they are a millionaire. 99% of them are just telemarketers with Uni degrees!

Precious metals have been used as currency for thousands of years.

Aristotle said: Money must be Durable, portable, divisible, consistent and have intrinsic value.

With the dollar being devalued with every bailout, your hard earned money will not be worth the paper its printed on.

Protect your nest egg.

Worried about the coming financial depression? Start educating yourself today! Visit: www.wakethedrones.com

Related Articles - Gold, Financial crisis, Drones, Infowars, banksters, money, GFC,

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