This is all nonsense, of course. Socialism is a road to totalitarian misery. But this fact does not matter as long as the majority of people believe otherwise. As responsible adults, we must therefore prepare. We must get out of assets that are easy to tax, and into assets that are hard to tax. We must also make sure that we are mobile. We must be able to get out of dodge when the rioting and looting starts.
Gold is for this reason an excellent place to park our wealth. It can easily be hidden and easily transported. Real-estate and shares on the other hand are terrible investments. They are easy to confiscate. Cash is also a bad option. If held in a bank, it can be confiscated. If it is held outside of a bank, it can be eroded through inflation.
As more and more people wake up to what's going on, gold will be evermore sought after. It will rise in value relative to all other assets. This will not go unnoticed by the political elite. They will almost certainly ban it. We must therefore pay careful attention to what the elite is up to. We must know where to go in order to exchange our gold for goods. We must know when things get so bad that we need to move. We must know where gold remains welcome, because that's where freedom will remain. It is only where gold is welcome that our prosperity can be ensured.
Public Domain, Link
No comments:
Post a Comment