There is one country that does things differently, and will emerge from the coming catastrophe in better shape than most. From Claudio Grass at zerohedge.com:
Private property rights under siege
People invest in gold for many different reasons. Many do so out of concern over economic, monetary or political uncertainty. Others seek a hedge against inflation, a way to protect and preserve the real purchasing power of their savings. There are also those who simply seek some peace of mind, a dependable insurance, so that no matter what the future holds and no matter how bad the “worst case scenario” turns out to be, they would still have a solid “Plan B”.
All these are valid, sound and sensible reasons to invest in gold; at least for long-term investors, for those who truly understand the true value and the core purpose of physical precious metals.
Yet ultimately, all these concerns share a common denominator. They all emanate from the same, very well founded and clearly troubling realization that our entire sociopolitical, economic and monetary system is merely a mirage – it is a house of cards, supported and backed by nothing but blind faith. It is also designed to favor and reward recklessness, opportunism, improvidence and sheer greed and to punish and penalize prudence, restraint, patience and personal responsibility.
This entire system, as complex and intricate as it might seem, is actually built on a very simple premise: It all relies upon the individual’s willingness to trade a promise of compliance, obedience and submission to a higher authority in exchange for security, order, protection and stability.
