When all else fails, you can count on certified gold investments to provide a long and healthy retirement.
Posted by Adam King on January 10, 2011
Invest in certified gold for when all else fails.
January 10, 2011 – When all else fails, you can count on certified gold investments to provide a long and healthy retirement. That is definitely not the case with Social Security and Medicare. It is not difficult to understand why the government is not taking drastic and immediate action to fix the problems with those programs.
In the first place, they are the ones who have caused the problems. For decades they have covered up their reckless policies and the economic damage those have caused with gimmicks and outright lies. The government’s complicity with Wall Street and the Fed’s idiotic zero interest policy have systematically stripped away the wealth of the average American and put it into the pockets of the ultra rich. In order to keep the ball rolling, the government has been bleeding Social Security recipients dry with absurdly low cost of living adjustments as compared to true price increases.
In the second place, the government has made certain to take care of its own with lavish pensions and lifelong medical benefits that far exceed that which the average man will get. Not surprisingly, overinflated government benefit programs are one of the primary causes of the current debt crisis.
Social Security eventually will reach equilibrium with the economy, if for no other reason than holding benefit increases well below real inflation. Medicare, however, is about to implode. According to Geoff Colvin of Fortune Magazine the program is now $34 trillion underfunded with nowhere to go but down as recipients live ever longer and put ever greater demands on the system.
The bottom line is that it would been foolish to count on the government to help us out in our golden years. For that we need to take charge ourselves with certified gold investments.
Stewart Lawson
Senior Staff Writer – Certified Gold Exchange
Categories:
US Gold Market
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