I’m not much into the economic area. It’s far from being my long suit. But I caught an item on the news this morning that grabbed my attention. It talked about how, in our present day, most young couples cannot afford to buy a home. With Biden’s inflationary policies running amok the American dream of owning your own home and setting roots down in your own community is now “out of reach.” I noted, awhile back, another news item I saw about how most young folks in the 25 year old age bracket are still living with their parents instead of getting out on their own. It’s lots cheaper. Continue reading
The magazine was DISCOVER, October 1998.
I have written to you more times than I can count about how the US government’s own budget officials forecast a $20 trillion increase in national debt over the next ten years.
The historical embodiment of monetary freedom is the gold standard. The era of its greatest flourishing was not coincidentally the 19th century, the century in which classical liberal ideology reigned, a century of unprecedented material progress and peaceful relations between nations. Unfortunately, the monetary freedom represented by the gold standard, along with many other freedoms of the classical liberal era, was brought to a calamitous end by World War I. 
While physical gold is a well-known safe haven asset which investors flock to in times of market turbulence as a way of protecting their wealth, gold is also the ultimate asset to own and possess in times of crisis and emergency. These crisis situations can range from episodes in which fiat currencies collapse, to times in which gold buys safe passage across international borders, and even to periods in which only gold can bail out and rescue an entire nation. Sometimes gold even ensures self-survival and can literally be the difference between life and death. ~ Search ~
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