Finally, Your Bailout Has Arrived!
25% growth since gov't change, more
ahead
On November 11, 2008, one week after Barack Obama was elected our
44th president, gold hit a 1-year low of $709/oz. and prices have not
looked back ever since.
Gold has quietly become We the People's personal financial
bailout, with prices today trading near $900/oz. Americans who understand
the economic truth that gold is ultimate money have already experienced 25%
growth over the last six months. But that's just the start.
Americans were first warned by Bush, Bernanke and Paulson that the
entire U.S. financial system would sink into Great Depression-style chaos
unless a trillion dollar bailout bill was passed. Most Americans did not
support the bailout, but were powerless to stop such a bipartisan panic.
Since then Obama and Geithner have announced many new "emergency"
government spending programs, pushing Washington's potential bailout tab
over $10 Trillion!
Hey, Where's My Bailout?
With all these TRILLIONS being thrown at the problems by government,
many Americans want to know how to claim their share of the bailout money?
Simple, buy gold! The more the government borrows and prints money, the
higher gold prices will soar. Why? Because gold prices reflect the
long-term realities of a weaker dollar and rising inflation, a fact which
economists agree on.
"Inflation will get higher than it was in the 1970s. Fed Chairman
Ben Bernanke is siding with John Maynard Keynes against Milton Friedman by
flooding the financial system with money. If history is any guide, the
effort will end in tears," says Fed historian and professor of
political economy at Carnegie Mellon University Allan Meltzer, reports
Bloomberg.
"The aggressive monetary policy of central banks around the world
is playing havoc with the structure of the bullion market, creating a
chronic shortage of gold that may soon push the metal to fresh records
above $1,500 an ounce," reports London Telegraph.
"Gold remains the safest way to secure savings. Even amid the
equity market crash, gold has given more than 28% returns in the recent
period, which makes it the best investment option," according to World
Gold Council vice-president K. Shivaram, reports The Hindu.
In D.C. it is a forgone conclusion that free markets, smaller
government and individual responsibility have failed. But no one is asking
the toughest question: "What if these massive bailouts
fail?"
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JMC