Sunny Economic Headlines Not To Be Believed
If you delight in skimming the headlines without reflection, you might think that better financial days are here again in the United States–or at least in the near future.
„Financial growth more powerful than expected.“ „Feds scale back bond acquisitions.“ „Stock market basics continue to be sturdy.“ And so on, and so forth. The powers that be are influencing compliant news media to persuade Americans to think that the economy and their own personal finances are ultimately rising in a new age of prosperity for a nation that hasn’t known it for five years.
But do not be tricked. Only this week, Fed Chairman Ben Bernanke announced that he’ll begin decelerating the bond-buying program called „Quantitative Easing,“ a program that has actually been making the dollar more worthless faster than ever. Joining in the chorus are financial pundits who are pointing out that all this signifies renewed economic hope for America.
Yet whatever minor upticks the U.S. economy is only recently experiencing amount only to so much froth on top of an ocean of woes. The current federal debt and many trillions of dollars of future obligations, weak resolve by businesses, personal joblessness and anxiety, and the fears of corporate executives and company owners sitting on their cash all still serve as profound factors that lurk just beneath the surface of lies and feigned optimism.
And that isn’t even considering Obamacare and the intensifying drag that will place on the economy, and on the spirits of the American people, as they fully realize what we and many other critics have been telling them all along: that it’s a way to rob them of their money, health and freedom all at the same time.
In this environment, it’s of some surprise to us that precious-metals prices remain depressed. Certainly there are many savvy investors who can figure out that grasping any sort of economic optimism right now is like whistling through the graveyard. America remains just one or two steps away from financial catastrophe that will make 2008 look like a pre-game warmup. And there will be nothing that any politician, king or magnate can do to stop it once it starts.
Now is really a good time to make a strong move and put your investment portfolio in God’s Cash, gold and silver. It’s just an issue of time, and very little at that, prior to the truth about the global economy becoming obvious to everyone.
Learn more about precious metal investing. Stop by Anne Trimble’s site where you can find out all about gold and silver and what it can do for you.
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