The mortgage question is a good one. If you are smart and buy gold, silver, guns and food now, then if hyperinflation hits and assuming you still have a job and they have to pay you a crazy salary like $50,000 a month, just to get you to show up to work, then you could pay off your mortgage very quickly, assuming you are prepared and don't need to use that $50000 a month to buy gas and food, which will be insanely expensive. Those that are prepared will keep their homes.
Saturday, December 10, 2011
Friday, December 9, 2011
Bob Chapman - The Financial Survival - 09 Dec 2011
Bob Chapman : The US government , the Bank of England and the IMF were selling gold into the market at the same time trying to drive the price down , that's why the gold is weak this week
Gold held its value throughout the ages
James Turk, Director of the GoldMoney Foundation,interviews Johann Saiger, Who is the editor of "Midas Investment Report" and "Midas Gold and Precious Metals Report". Those two newsletters have become an indispensable guide for many private and well-known institutional investors in German speaking countries of the world. Now also available in English.In this interview Johann Saiger gives his view on the current economic situation from the inflation or deflation view point.His outlook for gold , why he does not believe that gold could be in any form of a bubble , He also discloses some short-term investment recommendations.
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