Friday, 25 January 2013

The West Went Over the Cliff Years Ago

"The West went over the spending cliff decades ago. An economic and financial “Blue Screen of Death” lies in waiting. The only question is what triggers it and the timing. Attempting to answer those two questions is trying to figure out what an improperly programmed computer could do given the wrong set of keystrokes. It is an impossible task.

So what investors need to do is focus on the appropriate asset allocation for the present and what opportunities will arise on the other side of this mess. Is this negative? No. It is just the facts. Most people try very hard to ignore and shun the reality that surrounds them. Those who want a fighting chance at surviving and prospering through the coming maelstrom must focus on the real assets that we and others have been highlighting for consideration, gold and silver in particular.”

Robert Fitzwilson via a recent King World News interview, read the full interview here: