Sunday, December 15, 2013

Monetary Collapse is a Reality

Portfolio management is very much a personal decision. Everybody approaches it in very different ways because everybody’s subjective judgement is different. But the bottom line is that you have to do what you need to do to sleep well at night. And in my mind, the best way to sleep well at night with all of this uncertainty going on in the world, is to have to some physical gold and physical silver tucked away because they are your go to assets in the case of a monetary collapse or other problems.

And history has shown that monetary collapses are a reality when you go in the wrong direction. You can’t predict when you’re going to go over the cliff, but you know that if you’re heading toward the cliff, sooner or later you’re going to go over it.

- Source, James Turk via: