Why you should own gold

Gold is sound money. As a friend of mine is fond of saying, "the truth will set you free." Gold, silver, and other precious metals will most likely win out over the paper dollar in the end. The only question is when. The only way gold and precious metals won't win out is if another, better alternative is discovered that serves the main functions of money in a more effective manner. But a paper dollar is doomed to become worthless, especially with folks like Obama, Bernanke, Greenspan, and Bush at the wheel.

The United States, and the world economy at large, is based on a house a flimsy cards that is set to collapse within the next 5 years. We are on an unsustainable path that is going to lead to worldwide fighting, death, struggle, hunger, and poverty if we do not reverse course immediately. Of course, the politicians don't care because they are well connected and protected from such a doomsday sceneario. They can always blame someone else, which is basically how Obama chooses to play his hand.

Every day we run up a higher debt, both as individuals and as a nation, we are digging ourselves deeper into the pits of future poverty. It is inevitable. Gold will help protect your assets when the collapse of the dollar hits hard and fast. Might want to pick up some guns and ammo as well, lest the criminals in the government swoop in and try to seize more of your hard earned assets.