Home / Articles & Videos / Gold Or Crushing Paper Debt?
G6-Nat-Debt-550x378

Gold Or Crushing Paper Debt?

Governments respond to problems with more spending (stimulus), central banks support the bond and stock markets (QE), and we pretend debt and deficit spending can increase forever (delusional). The U.S. official national debt is nearly $18,000,000,000,000.

Occasionally a 1987 or 2000 stock market crash occurs, a 9-11 event changes the world as we know it, a housing bubble deflates, and major wars are created.

What could dramatically change our world – again – like 9-11 did?

  • Smaller wars expand to become bigger wars, or even global wars.
  • An Ebola pandemic, or merely the fear of a pandemic, temporarily paralyzes the global economy.
  • Loss of confidence in fiat currencies and never-ending debt causes a major depression or financial collapse. What could create such a loss of confidence? Insolvent governments, a global pandemic, derivatives implosion, massive bank failures, financial melt-down, crude oil price spike, debts that will never be repaid, and leaders who don’t lead – are just a few.
  • Stocks peak and crash as they often do about every 7 years.

Source The Deviant Investor

Looking for a secure way to buy physical gold and silver?

GoldMoney company offers you 6 months of FREE storage if you sign-up and buy physical metals via GoldReference site. Simply choose “GoldReference.org” from the dropdown list, or manually write goldreference, when you open a Holding at GoldMoney. See also our page How To Buy Gold & Silver Online.

Translate »