I want to share another brilliant micro-documentary from SGTbull about how detached most Americans have become from the reality around them. This documentary also stresses the importance of making some common sense preparations now, such as those that I have listed in my recent Guide to Preparing for Crisis.
The economic situation worldwide and in the U.S particularly is becoming very precarious. Even Fed officials are speaking in the mainstream media about the potential of the U.S. being insolvent and entering into a period of rapid inflation. In addition, home prices and existing home sales continue to plummet, both key measures of a stable and healthy economic recovery. The day of reckoning appears to be growing ever nearer. While precious metals may seem expensive at the moment, you can bet that current prices will look like a bargain a year from now.
So, in addition to profiting from the leverage in mining shares, you should also consider securing physical precious metals and other key items that could quickly go scarce in the event of a crisis, such as food and water. Please watch and share this information with friends and family.
For tips on how and where to buy physical bullion, click here.
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Lastly, I will be speaking at the Money Show in Las Vegas on May 11th. The conference is FREE to attend and is packed with incredible speakers, companies and booths for learning all about investing. Click here to get more details and to register to attend.
Notable Quotes
"GRG outlined ~110 Moz Ag eq at Chinchillas, and it has barely scratched the surface." (6/17/13) Golden Arrow Resources Corp. - The Gold Report Interview with Jay Taylor More >
"AVA's grades are around 1 g/t, with lots of exploration potential." (6/17/13) Aurvista Gold Corp. - The Gold Report Interview with Jay Taylor More >
"We saw insider buying in DGC, which has gone to the capital markets to raise money." (6/14/13) Detour Gold Corp. - The Gold Report Interview with Ted Dixon More >
"The potential for the court to award RPM either the LH claims outright or give it some substantial settlement make it a company to watch." (6/1/13) Rye Patch Gold Corp. - Brien Lundin, Gold Newsletter (Jefferson Financial) More >
"For a junior, CYD offers a lot to like, including a good share structure and money in the bank." (6/12/13) Cayden Resources Inc. - The Gold Report Interview with Brien Lundin More >
The Reality-Detached American
Source: Jason Hamlin, Gold Stock Bull (3/23/11)
"The day of reckoning appears to be growing ever nearer."
More Experts
"GUY has a robust project, advanced permitting and manageable capital requirements in a mining friendly jurisdiction." (6/7/13) Guyana Goldfields Inc. - Brad Humphrey, Raymond James More >
"MND's higher grades and improving operating performance offer near-term production growth at reduced operating costs." (6/6/13) Mandalay Resources Corp. - Chris Thompson, Raymond James More >
"SSO is well positioned to be a consolidator of silver assets." (6/10/13) Silver Standard Resources Inc. - The Gold Report Interview with Keith Phillips More >
"NRE is into the heaviest and rarest of the rare earths; I'll almost surely buy after the metallurgical report is out." (6/4/13) Namibia Rare Earths Inc. - Thom Calandra, The Calandra Report More >
"BTO is a great mid-cap, higher-grade company that performs well." (6/7/13) B2Gold Corp. - The Gold Report Interview with Frank Holmes and Brian Hicks More >
The Gold Report