Financial expert on Bloomberg was predicting some sort of economic collapse in the future. Hes not alone. With all the money printing, debt, deficits, unfunded liabilities etc., many other have said the same. He said the only thing supporting the dollar is confidence; nothing tangible, like gold or silver. And, if something undermines that confidence, all bets are off. Ive thought the same thing for some time. When asked what would he do to protect his assets, long term, he mentioned gold and land. He said really old money follows the principle of 1/3 Gold, 1/3 Art and 1/3 Land. Take it to the bank.
Posted on: Wed, 09 Apr 2014 01:12:26 +0000