Tuesday 31 December 2013

Sunny Economic Headlines Not To Be Believed

By Anne Trimble


If you're content just skimming the headlines and leaving it at that, you might conclude that happy economic days are here again in the United States - or at least on their way.

"Financial growth more powerful than expected." "Feds scale back bond acquisitions." "Stock market basics continue to be sturdy." And so on, and so forth. The powers that be are influencing compliant news media to persuade Americans to think that the economy and their own personal finances are ultimately rising in a new age of prosperity for a nation that hasn't known it for five years.

But don't be fooled. Fed Chairman Ben Bernanke just announced this week that he'll begin winding down the bond-buying program known as "Quantitative Easing" that has been making the dollar even more worthless, more quickly. And financial pundits will say that's a sign of renewed economic hope in the United States.

Yet whatever minor upticks the U.S. economy is only recently experiencing amount only to so much froth on top of an ocean of woes. The current federal debt and many trillions of dollars of future obligations, weak resolve by businesses, personal joblessness and anxiety, and the fears of corporate executives and company owners sitting on their cash all still serve as profound factors that lurk just beneath the surface of lies and feigned optimism.

What's more, we haven't even mentioned Obamacare and the added burden that will place on a fragile economy, as well as the goodwill of the American people, as they finally come to recognize exactly what we and many other critics have actually been saying all this time; however, they will soon learn that it's all a strategy to take away their cash, well-being and freedom all in one go.

In this scenario, it's a shock to us that precious-metals rates continue to be despondent. Definitely there are several smart investors who can tell that a positive outlook at this time of growing crisis is like whistling through a graveyard. The United States of America continues to be just one step away from an economic disaster that will make 2008 look like a practice run. And there will certainly be nothing that any charismatic politician or industrial magnate can do to stem the chaos once it starts.

That's why now is actually a great time to move decisively and place your investment nest egg in God's Money, gold and silver. It's only a matter of time, and not much at that, before the true fundamentals of the creaky global economy once again begin to give way, eventually permanently.




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