The latest micro-doc from Future Money Trends provides yet more evidence for why gold (and silver) will be driven to new highs as economic and political conditions in the U.S. and around the world deteriorate.
An aging population, outsourcing and peak oil will all cause a further decline in GDP and tax revenue. Higher trade deficits, higher unemployment will cause the U.S. to borrow even more, resulting in an even greater currency devaluation. As the world realizes the debt crisis will only grow, that the West will choose to default through inflation, demand for gold will inevitably rise.
Mine supply has been in decline since the year 2000. Fewer deposits are being found – smaller, lower grade deposits.
As safehaven demand accelerates, the world will turn to gold.
If the world’s pension funds and hedge funds move just 5% into gold, gold would need to trade for at least $5000 per ounce just to meet demand.
Gold is the money of kings.
Silver is the money of gentleman.
Barter is the money of peasants.
Debt is the money of slaves.
The estimated, unofficial, total liabilities for the United States of America over the next 20 – 30 years exceeds $200 Trillion. That’s how much debt we as a nation have committed to (and it rises everytime Congress passes a new law).
The only option for the majority of people in this country over the next several decades is enslavement.
Make a conscious choice to avoid your own personal debt prison and wealth decline by whatever means you have available. If that means buying gold – do it. If it means farming your own land – do it. If it means creating energy independence and getting off the grid – do it. If it means aquiringÂ new skills that will enableÂ you to produce essential goods and services Â in the future – start studying.Â Create a way to find independence and shield yourself as best you can.
Most of our neighbors and fellow citizens have not an inkling what is coming their way. They won’t be ready. You can be.
Watch the Video: