Rolfe Winkler posts on gold and states: “Gold is surging because investors see that the Federal Reserve — more concerned with deflation and unemployment than sound money — may be trapped in a never-ending cycle of monetary accommodation.”
He concludes that we and other Western governments are insolvent as shown in the following chart:
Winkler concludes with “So gold won’t make you rich. But it may protect you from becoming poor.” Read his case for gold here.
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