Financial

Gold Bugs - Cynical or Pragmatic? You Decide!

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Asking the right questions makes for a superior life. Those who pose the best questions in-effect will receive the best answers. Who are the gold bugs?

Often when people hear of gold bugs, their first reaction is these folks are all doomsayers who live off the grid far away from civilized people. They supposedly live life irrationally, by hording away vast amounts of food, ammunition for their guns, stacks of gold and silver coins and bars waiting for the end of days to arrive. Could it be they already see a different world from today? Could it be they are foreseeing the complete collapse of the monetary system in a world that mimics Mad Max?

Are these gold bugs really seeing things in true reality, are they realists who are making their claim early, within today’s economy? For anyone who has really been paying attention to whats going on with the global debt crisis, the answer should already be crystal clear. An opposite viewpoint might be taken by some experts, in that a large majority of people who now are embracing precious metals are not merely cynical. In actuality these folks are taking a pro-active approach toward personal ownership over the future of their own financial well-being.

A very well-known optimistic activist today is Tony Robbins. Tony is one of the top motivational speakers in the world. Harvard Business School ranks Mr. Robbins as one of the Top 200 Business Gurus in the world today. Mr. Robbins is of the mindset that “the meeting of preparation with opportunity generates the offspring we call luck.” You can bet Tony is both an active proponent and advocate of silver and gold.

Just recently Mr. Robbins cautioned investors and activists alike that a real risk within fiat currencies and currency devaluation was imminent. In-fact the opportunity for investing in gold has never been better. Gold now is in a 12 year bull-run with no ending immediately in sight. Having persistence and fortitude are key requirements for holding gold and silver that will seriously be re-valued to the upside in the future. Gold has two main characteristics that will sustain indefinitely.

First it will hedge against any and all economic uncertainties. Second it acts as an insurance policy in which it’s true value remains, regardless of any actions taken world-wide by central banks, to defend their debt based currencies. Ownership of physical gold is akin to exercising a put option against the senselessness of the political cycle.”

Given the world’s financial system is breaking down do to massive debts loaded upon them, gold bugs are all keenly taking notice. These gold investors are organizing today, as the premise for tomorrow, as will bring endless opportunities. With that, instead of being viewed as cynics, gold investors should be seen as pragmatists.

Greece, Spain and Italy are having runs on their banks daily. Introductions of capital controls have been implemented, just to keep up the status quo of fiat currencies for as long as possible. European finance officials have discussed limits regarding the size of withdrawals taken from ATM machines. Border checks are now being implemented as well. This makes it very hard if not impossible for anyone to access their money to take advantage of any market opportunities that should pop up.

Debt loads and stimulus programs world-wide are now into the tens of trillions and climbing. By holding all your assets in US dollars or euro’s today, the undermining of your wealth would be at serious risk. By holding your wealth in physical gold and silver outside the control of banking systems, your 100 percent protected by having no counter-party risks. This assures access to your capital by anyone or any entity other than you impossible. This will allow you to build for a brighter tomorrow. By the way, the gold bugs are here to stay.

Tom Genot –

About The Author:

Informational news, books, articles and videos to invest in gold and silver and where the best places are to buy it. Also find informational resources to educate you on alternate forms of investing and preparedness, for protecting you, your family and your assets from the pending economic crises and destruction of the US dollar. Author Tom Genot provides information and resources helpful to everyone. Insure you're prepared, while time is still on your side. Check us out at www.coinbullion.net.

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