by Simon Black
Sovereign Man
In our daily conversations, we regularly discuss how important it is to own real assets– especially precious metals.
There’s so much risk in the financial system right now. Just consider your own bank account, for example.
If you’re in the West, more than likely your bank is -extremely- illiquid, meaning that they only keep a small portion of your funds in reserve.
The rest of your money is gambled away in the latest investment fad; and as we’ve reported recently, banks are once again making low-money down home loans to subprime borrowers with YOUR money.