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The Smarter Way To Invest
SPENDING
Out-of-control spending has increased US debt to over $20 trillion with the US paying $73.9 million to China every day just to cover interest on debt owed.
SURPLUS
Since 2008 there has been a surplus of new money being printed to stimulate the economy in excess of $85 billion per month.
SOCIETY
Society is starting to buy metals to hedge against the coming market collapse causing metal prices to soar over 250% since 2008.
These Billionaires All Invest In Gold. Read What They Have To Say
The conference wants a specific recommendation from me. I guess ‘Get out of the stock market’ isn’t clear enough – BUY GOLD! Our largest currency allocation.
Stanley Druckenmiller(net worth of $4.8 billion)
The amount of capital being put into new gold mines is almost nonexistent. Supply is shrinking and that is only going to have a positive impact on the price of gold.
Sam Zell(net worth of $5.6 billion)
If you don’t own gold, you know neither history nor economics…
Ray Dalio(net worth of $18.4 billion)
Commodities such as gold and silver have a world market that transcends national borders, politics, religions, and race. A person may not like someone else’s religion, but he’ll accept his gold.
Robert Kiyosaki(net worth of $80 million)
Historically, gold has always been a safe haven against inflation and a safe haven in times of political instability. In these times of uncertainty for paper-based currency, I feel more secure in holding gold.
John A. Paulson(net worth of $6.2 billion)
To me gold represents money. The merit of gold is that given our current monetary policy, gold is the money of choice.
David Einhorn(net worth of $1.3 billion)
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