Then, they had Paul Volker, who crushed inflation. Today, we’ve got Ben Bernanke, who embraces it. Then, they had a national debt of just $845 billion. Today, it’s between $8.2 trillion and $53 trillion, depending on who you believe.
Then, we had a hostage crisis in Iran. It ended. Today, we’ve got Iraq, Iran, North Korea, Nigeria, Afghanistan… and an unending “war on terror.” Plus bin Laden still hiding in caves and Chavez mouthing off in oil-rich Venezuela.Then, you paid 78 cents for gas. Last summer, it hit as high as $3.20. Oil cost $38 per barrel. Today, it’s closer to $70. Then, the oil shortage was political. Today, it’s physical – supply just can’t meet higher demand.
Then, the weak dollar still bought more than the dollar today. And our only real economic competitor was Japan. Now you’ve got China, India, the euro… and a resurgence in Japan.
Brace yourself. Because while this might spell doom for most Wall Street stocks, it virtually guarantees a global resurgence for resource investments, silver and especially gold. Protect your wealth and grow your riches with the cutting-edge resource recommendations in Outstanding Investments .
