It's a vicious cycle and a common mistake. When you start essentially with a free market and individual freedoms, it's sometimes difficult to see the incremental restrictions that pile up after decades of legislation and political favors. Then all of a sudden it's plain as day, and the cumulative threat to personal freedom from decades of unnoticed legislation rears its ugly head, and freedom is suddenly staring into the abyss. The abyss is before us, and we are staring into it. The question is: who will blink first.
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Mathematically it is not possible with current levels of production to pay down, let alone service, the expanding debt and deficit. What we hear each day in mainstream financial media is the echo of the music that has already stopped. Soon that echo will become distorted and shortly after that people will realize the music has indeed stopped. When this realization occurs, there will be only a handful of chairs left on the dance floor. Namely real, stuff: Gold, silver, base metals, energy and agriculture.
There will be a whole lot more people and a whole lot more money that will want into these real, tangible items, some of which are a store of wealth and the others, necessary for survival. When that day comes, whatever you hold in your portfolio one night when you go to bed, may dramatically influence the amount of wealth you possess the next day, the next month and possibly for many years to come. When it comes to resources like gold, silver, base metals, energy and agriculture, you will either cash up, or pay up, based on what you do right now.
