When I began to read Laurence Kotlikoff's book The Coming Generational Storm in 2005, it reminded me of exactly why I began to invest in physical gold back in February of 2001. Dr. Kotlikoff is an economics professor at Boston University. He pulls no punches - especially in this article from last week in Bloomberg, U.S. Is Bankrupt and We Don't Even Know It . Just the title alone makes you think! He points out that it's not just him who believes this, it is the International Monetary Fund in Switzerland who is concluding this as well. He also concludes that the Congressional Budget Office sees the light too.
How do you position yourself for the result of a bankrupt government? You first realize that your paper money will be the next casualty and you buy gold. A golden coin speaks volumes! Helicopter money, well it's just helicopter money! Call us at Lear Capital today!