Article Image
News Link • Currencies

Dow 10,000: Show Me the (Real) Money

• Seeking Alpha

To conclude, a comment in response to UK journalist Ambrose Evans-Pritchard's recent blog post on the perils of cheap money:

I have... bought several thousand pounds worth of gold and silver (coins) in the past 12 months. I store and rotate 100 litres of diesel at all times. I am storing and rotating grain and tinned foods and other stuff on the list of “100 things that disappear first in a crisis”. I own two rifles, a pistol, a crossbow, and ammunition for all of them. I'm turning over my garden to an allotment. I now keep hens and will shortly keep bees.

I am not a survivalist nutter... My point is that I have lost all faith in our political elite and have profound misgivings about where we're headed in socio-economic terms.

The global economy is far from fixed; indeed, I believe that the worst is still ahead of us and that most commentators are under-estimating the challenges ahead. As for the UK economy and the outlook for our society, there are some days when I could weep... I'm simply contingency planning.

That may strike many readers

Join us on our Social Networks:

 

Share this page with your friends on your favorite social network:

Stop Wars T-shirt at The Bitcoin Store