Get Gold Now: “I Remember 1980… They Were Lined Up Around the Block” Mac SlavoSubmitted by emalvini on Mon, 01/14/2013 - 13:53
Get Gold Now: “I Remember 1980… They Were Lined Up Around the Block”
January 13th, 2013
As an asset of last resort, precious metals like gold and silver have always been worth something. With the fiscal and monetary policies currently under implementation around the world, along with literally trillions of dollars in unserviceable debt, it wouldn’t take much to set off a panic buying spree in gold.
In the last 30 days, since the Newtown school shootings, panic buying has left gun stores across the country with nothing on their shelves and back-orders of six months or more. Tens of thousands of Americans have been lining up outside of firearms shops and gun shows, grabbing up anything they can get their hands on.
That’s what it looks like when the entire consciousness of a nation suddenly shifts.
That’s what it looks like when hundreds of millions of dollars of capital are rapidly reallocated.