A better approach
Fake money turned into real assets
Central bankers destroy the value of paper currencies, but not of Gold
Inflation has distorted the markets
How is this possible?
The economic cycle is still downward
No matter what the Dow does, no matter what the headlines or the pollsters say, the deeper cycle is trending downward. It has been since 1999. And it will probably continue until it finally reaches its rendezvous with its catastrophic destiny.
Then, people will be able to buy almost any stock they want for only about a quarter -measured in gold – of what they would pay now. Houses, too, should be only about half what they cost today. And bonds? Don’t be surprised to find that most of them will be worthless by then. That’s what inflation does to bonds. It wreaks havoc.
Inflation has already done trillions of dollars’ worth of damage to the economy. And if the picture that is emerging is correct, this will only be the beginning……Continue Reading →