Forget the stock market. If you have money invested there, you'll eventually lose most of its worth. Maybe not anytime soon. But eventually you will, given the way our economic system is...failing. Mark my words.
If you want to invest in something solid, consider metals. Especially gold. Many Americans have seemingly forgotten the value of gold or are completely oblivious to it. That may be due to the fact that the gold standard was done away with under the Nixon administration. But I digress. If you want your money to be safe and actually worth something in the coming future, consider gold. Any real economist will tell you that.
If you've been following my blog entries, you'll notice I am fascinated by economics. You'll realize just how much it digusts me that our government interferes with nearly everything in the market. That is primarily the reason why our economy is in shambles. If the crooks in Washington D.C. were to keep their slimy hands to themselves, everyone would be better off.
That's why it really bothers me that many financial journalists tend to ignore important fiscal issues. I would expect them to stay on the heels of the thieves that are ruining our money. Or at least give people real advice in regards to money. But they don't. A lot of times they just write about pointless economic trends.
That's why I was very pleased to come across an article online that explained in simple terms why gold is so valuable. Especially in times of crisis. Kudos to David Ian Miller for actually writing something substantial.
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