Richard,
<<If we write fund managers with a request that they put 5% in bullion, they will at least notice the letter. If 100 or 1000 people do the above, things will change. >>
What we need is a political movement ***TO RETURN TO THE GOLD STANDARD***. The financial ruin that lies ahead is due in large part because we moved away from it. Metaphorically speaking, what we have now is a bunch of oil tankers, all without anchors, sloshing around in a turbulent ocean, untethered and uncontrollable ... sooner or later they are going to collide. Had they had gold anchors to keep them in position and TRUE, we would not be facing this financial mess.
Another poster in a forum I visit - a very astute poster - recently suggested the only safe haven was physical gold - period. I am beginning to agree.
The biggest mistake the powers to be are making, is artificially keeping the price of gold down. Had they just let it rise on its own merit, their contrivances would not have been as apparent as they are - that is scary, they are suppose to be the brightest financial minds... clearly that is not the case.
So ... if you want financial stability, write to whomever is your political affiliation - and express your concerns ... a few thousand letters from concerned citizens in the US and Canada, to the right political people, _might wake a few people up.
Let's start the **North American Society for the Return to the Gold Standard** ..... somebody has to wake these people up. Also - buy some physical gold.
MB |