Safe Haven Just Ahead

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The precious metals are simple. This is the only asset class that doesn’t depend on something else for its value. Stocks depend on a company’s profit, at least that’s how it was supposed to be. Bonds depend on a coupon payment. Apartments need rent-paying tenants. The precious metals need nothing. It’s pure, unadulterated wealth. In the previous article, we already covered the topics for the record high stock market with the real earnings low in a decade at the very same time, also the bad perspectives for the government bonds and the globally synchronized debasement for all the fiat currencies. Let’s also not forget what happened with the mortgage and rent payments in the last economic crisis from 2008-2009.

IS THE NEW BULL COMMING?

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That’s why governments and central banks hate precious metals – at least in a public capacity. The precious metals tell the truth about value. They expose the games that the governments play with the value of the fiat currencies. The officials can create limitless amounts of the latter. Politicians think every sign of pain deserves a bailout. They’ve done it for years. The pace and scale only increase. They’ll never stop.

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The precious metals on the other hand don’t answer to any decree. As covered in the link below the politicians can take it away from people but they can’t order an increase in production:

YOUR GOLD OR YOUR LIFE!

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Hold onto your guns... and your silver.

Hold onto your guns... and your silver.

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Having that in mind buying 10 bars of KCM 2000 fine silver doesn’t look like such a bad idea at all: 1 Kg KCM Fine Silver Bar 999.9

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LEGAL DISCLAIMER:

While the author has made every effort to provide accurate data and information in the preparation of this article, neither europabullion.com nor the author assumes any responsibility for errors or for changes that occur after the publication. The information referenced is believed to be reliable, accurate, and appropriate, but is not guaranteed in any way. The strategies and forecasts herein are the author’s sole opinion and could prove to be inaccurate. No company, individual, or entity compensated the author or europabullion.com for mention in this article.

The article contains specific names of companies, strategies, different currencies, shares, government bonds, types, and sizes of precious metals, none of which can be deemed recommendations to the readers. Reading this article does not constitute a fiduciary relationship. Data, company-specific or otherwise, will not be updated on an ongoing basis. After the publication in the resources, the author and europabullion.com will not be responsible for future developments.

A registered financial advisor is always the best source of guidance in making financial decisions. The author is not a registered financial advisor and does not address the individual financial condition of the reader.

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