Wealth Insurance: Using Gold For Asset Protection Strategies In This Turbulent Global Economy

By Tim Cronin

Wealth Insurance: Using Gold For Asset Protection Strategies In This Turbulent Global Economy

Well Standard and Poor's sure gave everyone some news to talk about on Friday night...For the first time in history, the United States credit rating has been downgraded. That means they have a lack of confidence in the worthiness of our treasury bonds.

This is something I've been talking about and expecting for years, although I must admit that it's a bit surreal to finally see these events become reality.

So what now?

Well the long-term expectations have not changed, and this event simply brings us one step closer to their fulfillment...

The world is drowning in bad debt, lies, and financial corruption. The system is essentially bankrupt, and needs to reset.

This would involve massive deflation, ala The Great Depression II.

This is what the economy wants to do, and needs to do, but the Fed continues to pump the leaking balloon with hot air in an attempt to keep the system afloat.

These actions are only going to compound the problem. You can't solve a problem of too much debt, by issuing record amounts of more debt.

So instead of a quick and painful depression, we're going to experience something the modern world has never seen... A hyperinflationary depression.

The balloon will deflate. Stocks will plunge. Unemployment will reach record levels, and thanks to the Fed's record amounts of money printing, food prices, gasoline, and household necessities will simultaneously skyrocket.

They are taking us from bad to worse.

In my opinion, Friday's news was a major turning point, because it's the nail in the "confidence coffin."

The mainstream media has done a fantastic job as Washington's propaganda machine the past three years, refusing to acknowledge the economic situation for what it really is.

But the US Downgrade was too big of a story to ignore. The general public is now painfully aware of just how bad things really are.

So I've been debating all weekend if I should short the market, with the expectation of a major route in stocks over the next few months.

At this point, I don't see any way stocks can remain at their present levels or increase.

Yesterday the Stock Market plunged losing $1.3 Trillion in value.

There isn't a shred of good news to be seen anywhere.

The "recovery" is toast...

Italy, which is the 3rd largest bond market in the world after the US and Japan, has essentially just declared bankruptcy, and Germany is refusing to bail them out. This means that the Euro is months, or even weeks away from destruction...

The job and housing markets in the US are stagnant or getting worse...

And now the US has been downgraded for the fist time in history...

I believe the delusion of recovery is over, and reality is setting in. Who in their right mind would actually buy stocks right now, with the expectation of a recovery?

So given these observations, I believe that we'll see a 20-40% decline in the markets over the next few weeks or months, and then the Fed will step in and announce QE3.

When that happens, the markets will likely rebound a bit, but it will also signal the arrival of hyperinflation as the world loses it's last thread of confidence in the US Dollar.

At this point, the only refuge left will be gold and silver, and it's at this point, that the largest wealth transfer in the history of mankind will take place.

Wealth Insurance: Using Gold For Asset Protection Strategies

Physical gold and silver are still the safest, "surest" long-term plays, and if you're looking for the best way to increase your monthly cash-flow.

Yesterday the price of gold skyrocketed to $1,724 per ounce! Yikes! Where are all the "bubble busters" that have been shouting gold has peaked since it was $833 per ounce 3 years ago!

I'm predicting the price of gold will be over $2,000 per ounce by year end! Your paper money is losing value every second. Exchange your soon-to-be worthless paper money for gold money TODAY!

But buy gold because it's a good invest, which it is. Buy gold as asset protection strategies to protect your wealth (wealth insurance), to hedge against inflation ( and hyperinflation), and as a way to develop an excellent income stream.

Gold Is Money: Gold Currency Cards

I believe we are on the verge of the greatest transfer of wealth in history. Hyperinflation is inevitable. If you think this is doomsday scare tactics you better do your homework. The perfect global economic storm is on it's way. You can do nothing and be a victim or you can prepare for worst and create unimaginable wealth.

So how do you prepare? Buy as much "physical" gold as you can! Not ETFs not gold stocks or funds or gold mines. You need to own gold and store it offshore so the U.S. Government can't take it from you.

So What's The Best Place To Buy Gold?

I recommend you check out a company called KB Vision. Based in Stuttgart, Germany, KB Vision has a unique business model that is sweeping across Europe and will soon be a global phenomena.

KB Vision manufactures gold in small denominations of.5 gram, 1 gram, and 2 gram ingots. Then they hermetically seal the kinebar quality (pure) gold chips into credit card sized cards WHICH ARE BEING USED AS MONEY FOR PRACTICAL BUSINESS TRANSACTIONS in over 9,000 businesses in Europe!

For more about the KB Vision business model and how you can capitalize on it please see the link under my signature below.

If you want WEALTH INSURANCE, Buy Gold For Asset Protection Strategies Today!

Tim Cronin
The Value Marketing Coach
For Information KB Vision Gold Currency Cards please visit:
http://www.bestsitetobuygold.com/site/index.asp?DL=152760&page=129257
http://mykbgold.us/

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