We live in a literal financial house of cards. It is all paper. That house of cards has been in the process of collapsing since 2008. Astute market participants realize this and are buying bullion, one of the only financial assets with no counterparty risk, as a way to protect themselves from the coming storm.
May 25th, 2011 | Jeff Berwick | 1 comment | ContinuedArchive for Jeff Berwick
The War on Money
If you keep your money or savings in US dollars inside of the United States, you are a risk taker of epic proportions. Have you not been paying attention to what is going on? To begin with, the US Government now employs cash-sniffing dogs at most international airports.
April 13th, 2011 | Jeff Berwick | 4 comments | Continued
