The Golden Constant

Again the real price of gold has risen to historic highs. The fear fueling this increase in the demand for gold is that the “unsinkable” ship of state has been so compromised by debt that it now risks slipping under the waves.

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One possible prospect is for the US to suffer decades of high rates of inflation such as characterized Argentina under Juan and Eva Peron and their successors.

Another possible prospect is for a crescendo of hyperinflation to utterly destroy the middle class and set the stage for a dictator such as happened in Germany during the 1920s.

With such possibilities, wouldn’t it be prudent to have some gold coins that you could sew into the lining of your coat, for when you must make your escape?

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