Turn on the TV or radio to any trusted news station and I bet you’ll hear a headline that sounds something like, regal assets “We are on the brink of the fiscal cliff!”
When they say fiscal cliff, they are talking about a group of laws designed to increase taxes while reducing funding to government programs responsible to retirees and the disadvantaged. Despite the hype, these debates don’t even touch the real cause of this economic problem. And at this point nothing they say can solve it.
The ugly truth is that we’ve been driving headlong toward this fiscal cliff since the early 1970s. Because that’s when the U.S. left the gold standard. Since then it has actually lost over ninety percent of it’s original value.
Looking at it this way, the true economic crisis is just the law of economics playing out an already well-proven fact – currencies not backed by gold must crash. And it starts with hyper inflation.
Since Obama can’t change the laws of economics, the only purpose these fiscal cliff debates can truly serve is to decide the means by which the American people will shoulder the government’s trillions of dollars of debt.
And that’s in addition to the sharp spike in cost of living. And rapid deflation of the dollar’s ability to buy – well, anything really. Under these conditions, experts like Peter Schiff project that the middle class is set to go extinct shortly after January 2013.
Luckily, it’s not too late to protect yourself, but time is of the essence!
There is one investment that even millionaires are turning to because they know it will shield their wealth from fluctuations in the dollar. By protecting themselves this way they also open the unprecedented opportunity to profit from the certain decline of the dollar.
And the investment I’m referring to is gold. Using this strategy you can ride the U.S. fiscal cliff UP instead of down if you invest your money in real value while the dollar still has buying power.
Experienced investors know that gold and the dollar have an ‘inverse relationship.’ As the dollar loses value the value of gold will gain steadily. If you’re smart you can leverage the widening gap between these values to become extremely wealthy – and watch safely as those who don’t know or acted too late become extremely poor.
Eventually the dollar will collapse altogether and the value of gold will spike! The speed at which this happens depends entirely upon how many dollars the Federal Reserve prints. The more dollars they add to circulation, the less it is worth. Since Obama’s reelection it’s basically a given that they will print the stuff like toilet paper.
And that’s good news if you’ve invested in gold. Now is the moment of choice before the great divide. Will you position yourself to climb to the top? Or sink into a trillion dollar hole come January? It’s all in how you position yourself and your assets during this transition.