Jan 30, 2012
Jeff Clark, creator of the CaseyResearch.com publication, Big Gold, reiterates that gold is the best insurance policy available today that will protect your wealth from reckless governmental monetary policies. Much of what he says is beyond dispute. He knows that the current US Dollar paradigm can't last much longer, and a new one will be created to take its place.
He's hoping we can avoid hyperinflation, but he doesn't sound too convinced it's feasible. But, he knows that gold will eventually become a core holding in almost everyone's portfolio--even Apple, no matter what happens with the monetary authorities. Until fiscal sanity is restored around the globe, this is the only protection available. Should the world decide the benefits of a gold standard exceed the negatives, one will be implemented. After all, all throughout global history, gold has been money. All these factors point to a rising gold price, sooner rather than later. And that's why Jeff is bullish on gold.
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