Gold plunged $84 an ounce yesterday. Silver skidded $1.81. This has a lot of die hard precious metals holders reaching for the garbage pail. However, if you need reassuring, look at the fundamentals. First, there is no recovery! It’s quite obvious. Foodstamps, medicare, medicaid, disability and social security payments are all escalating. Throw in a dash of Obamacare, and the bankruptcy of the US and the Western World continues on unabated. What do you trust more, your bank account or the gold in your pocket? Because that is the real choice, and no matter how the elite tries to manipulate your perception of reality, there is no safer place to put your money.
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