Retirement Uncertainty; Boomers face World of Pain

 

Retirement Uncertainty Boomers face World of Pain

 

Editor: Vladimir Bajic | Tactical Investor

The following article makes for a compelling read and so I thought I would highlight an excerpt of this article before getting to the story at hand:

” Naysayers and Dr’s of Gloom keep chanting the same song of doom that all paper money will cease to exist one day and that everyone will revert to the gold and silver standard in the not too distant future. In a rebellious or romantic manner, this story has a nice ring to it.  However, these people are about 1000 years too late and second of all, they are in sore need of a mental check up.  One must always pay attention to what the masses are embracing or willing to embrace.  The masses are not even aware that Gold was once considered money and most of them will rebel at the notion of having to return to the Gold standard. The Gold standard did not prevent theft and outright robbery; bankers were known for shaving gold coins and other shenanigans

No one wants to run around with a heavy sack of gold or silver coins to purchase the things they desire or need. We live in a world where if it’s not convenient it’s not embraced and the Gold standard is not convenient at all. ”  Problem is Fractional Reserve Banking-we don’t need Gold standard

 

Other Articles of Interest:

Millennials being squeezed out of Housing Market (20 May)

Problem is Fractional Reserve Banking-we don’t need Gold standard (15 May)

BBC Global 30 Index Signals Dow industrial Index will trend higher (11 May)

Stock Market Bull not ready to buckle (4 May)

Fear mongers are parasites that profit from your fear (2 May)

Gold Bugs think & stop listening to Fear mongers  (1 May)