Do you own enough gold and silver for what lies ahead?
If 10% of your total investable assets (i.e., excluding equity in your primary residence) aren’t held in various forms of gold and silver, we at Casey Research think your portfolio is at risk.
More than a dozen states in the US are considering legislation making the use of gold and silver as currency legal – adding more impetus to the emerging reality that both precious metals are in fact money.
The following video is worth watching, if for no other reason that to be exposed to a counter-narrative. I am quite sure things are not as the MSM tell us, and that clandestine forces are at work to bring down the Syrian government. However, what bothers me about all this – the idea that foreign forces are at work and that the majority of Syrians in fact support Assad – is that the foreign media are banned, and have been since the beginning.
I find this strange, for if the truth is not being told, wouldn’t it be in Assad’s interest to open the doors to all world media with open arms, then let the full story of what is happening there be openly reported? And if, as this video suggests, we are being sold propaganda, then surely such propaganda could not long withstand the scrutiny of unfettered access for competing global media.
By Jeff Clark, Senior Precious Metals Analyst for Casey Research
Have you ever had any doubts about gold? Does it sometimes feel like it should be performing better? Are you concerned about its volatility? Do you worry about how it might perform in the future? Have you ever wondered about its true purchasing power? Maybe you’re nervous about a big drop in price again? I decided to go directly to the source to address these concerns: Gold himself. He put his arm around me and asked me to tell you a few things…
One geopolitical trend can safely be said to have failed – the West’s desire (backed by military force) to export democracy to the non-white members of the human race.
Iraq, Afghanistan, Libya – and now Syria.
The track record is abysmal. And while “we” were cheering on the rebels in Libya, it now seems the resultant situation is much worse than under Gaddafi. Meanwhile, in Afghanistan, the US is attempting to spin a defeat into a victory by announcing they are pulling out next year. Iraq of course is a mess.
The Syrian situation is very interesting. On the face of it, it appears to be a revolt against just another Arab dictator. However, this revolt is continuously presented in the Western press as a “protest” movement. On the other hand, Syria maintains it’s an armed revolt and that any state would attempt to put down such an uprising.
And that is certainly true. I cannot imagine any Western nation would tolerate an armed revolt – and if confronted by one would no doubt do exactly what Syria is doing.
None of this is supposed to justify the monopolistic power of states at all, as I’m an anarchist, but given the reality on the ground it appears that Assad is acting like any other “glorified’ leader in the world, democratic or otherwise.
Alexander Cockburn has exposed the hypocrisy of all this in his essay:
US-Iranian saber-rattling or impending shoot-out? In his usual, candid manner, contrarian investor Doug Casey talks about why he believes it’s serious this time… why the US is the greatest threat to peace today… why Iran might move towards a gold standard… and what smart investors should do.