The Unsinkable brian cork™

Brian Patrick Cork is living the Authentic Life

gold busted

September28

If you started thinking about buying gold back in 2001 when the world started smelling weakness associated with the US dollar, you were in good form. If you actually bought gold, then you are in terrific shape.

Since 2001, the US dollar has dropped in global value approximately forty-one percent (41%). That’s true, by the way… It’s right here, and in writing. Go verify it. Do it!

So, shorting the dollar, and trust me you can do that, might have also been part of an inspiring, if not rather unpatriotic, part of your mid-range investment strategy. Once the dollar begins that type of slide, our global debt is guaranteed to increase. It has certainly done that, almost on cue (damn you Goldman Sachs!). When the dollar weakens, gold strengthens. This thinking is fundamental, and it’s a great example of how economies work on scale.

Other than pontificating, here, one of my points is you’ve likely already begun to hear advertisements and other touting of gold.

That means it’s too late.

Economic-savvy insiders have already made the great run. Now they want to start a different type of diversification (so, you’ll read about how much money they made in about thirty months). They’ve already started buying things you’ll slap your forehead over in another thirty months.  HINT: It’s sure as heck not commercial real estate – especially in Atlanta. That looming disaster is one reason banks are hoarding cash from small businesses. But, more on that later.

So… Don’t buy gold today, or tomorrow. I don’t know that you should start buying the US dollar, yet (and, you can do that as well). It’s hard enough to just plain earn a US dollar, right now – especially with Obama, the ex-social-worker, and the Obamacrats, I mean Democrats, so resentful of wealthy people that have worked hard to get through college and maybe start a business.

My primary point, here, is simply a heads-up around gold. I’ll try and come up with some recommendation on what I think the global financial markets will push sooner than later.

Just standby for the word. Do it!

Peace be to my Brothers and Sisters.

Brian Patrick Cork

posted under brian cork, Finance, Politics

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