Debt
Crises!
Coming to a Country Near You?
DYI: Researchers, economists and anyone else who
have studied the world wide sovereign debt build up knows that sooner than
later a loss of confidence in that countries ability to repay.  The United States has now passed the threshold
with debt exceeding our GDP and continues to grow at a 5% growth rate reducing our
ability to service it.  This growth rate
does not factor in any intervening recessions and with 70% of spending in
untouchable entitlement social programs a debt crises is a few years away.
DYI model portfolio has a 32% commitment to
precious metals mining companies.  Gold
along with the other metals has always protected capital from government’s
currency debasement.  The days of easy credit
and speculator/investor desire for risk taking are now receding.  Precious metals and especially gold would be
timely and potentially rewarding.
Updated Monthly
No comments:
Post a Comment