dollarvigilante.com / Jeff Berwick / March 26, 2014
I spend most of my time writing, researching and discussing The End Of The Monetary System As We Know It (TEOTMSAWKI), which basically boils down to one thing – the coming collapse of the US dollar.
We have written thousands of pages on it here at our blog, and thousands more in our paid newsletter, including a special report on internationalizing your precious metals called “Get Your Gold Out Of Dodge.”
Throughout the years we’ve covered the dwindling options Americans (in particular) have to protect their savings amidst the insanity of overbearing and destructive regulation, busybody “authorities” (remember when they were ‘public servants’?) and poor economic policy. As I’ve gone back through the blog over the years, I am pleased to see many themes that are more relevant today than they were then. For one, since 2010 we’ve been writing about how the US would make it exceedingly difficult to bank (or live) offshore. With less than 100 days until FATCA is implemented, I’ve been right.
But, one of the most prescient and valid solutions we’ve offered is to buy gold. Those who purchased precious metals from 2009-2011, as we recommended to do, did well. Those who also took the advice of Ed Bugos, in our paid newsletter, did well during the turbulent consolidation period precious metals have seen since 2011.
It’s clear to me, of all the solutions we propose the simple, most straight-forward way to protecting yourself is something humans have done for at least 5,000 years for this purpose: owning gold. As many who do own gold know, however, it is not the easiest of things to internationalize your gold and get it geographically and politically distanced from the confiscatory arms of the government that purports to own you.
Thanks to BrotherJohnF