Global Debt and the Future of Gold

OCT 19, 201956 MIN
Straight Talk Wealth Radio

Global Debt and the Future of Gold

OCT 19, 201956 MIN

Description

<p>There&apos;s a feeling out there that the investments markets have weak underpinnings, and that soon, the tides will change.<br/><br/>Maybe.<br/><br/>But do you understand why some pundits feel that way? With historically low unemployment, high prime-age workforce, and so thereby monetized consumers, what could go wrong?<br/><br/>Extreme global levels of debt. That&apos;s what.<br/><br/>Now, I&apos;m not declaring any doomsday or recession. But if you&apos;re wondering where the fears start, they start there - with global debt levels. Because it&apos;s always the over-leveraging of debt into a bubble by investors and the banking system that causes &quot;The Big Ones&quot; when it comes to crashes.<br/><br/>Again, I&apos;m not saying this is imminent in the near future at all. But in this episode, we start with global debt to help you understand a much more close-to-home related issue that I see so much misunderstanding and misguided asset allocation chasing toward. I&apos;m talking about the Religion of Goldbugs.<br/><br/>When global debt breaks, as it did in 2008, did it cause inflation, or deflation? Is gold an inflationary asset, or a deflationary asset? If you&apos;re holding a major allocation of gold, and you don&apos;t immediately know the answer to those questions, maybe you&apos;ve drank a little Kool-Aid, too?<br/><br/>I&apos;ll break it down for you in this episode, and actually help you have greater certainty when to own gold and when to dump it.<br/><br/>Episode includes articles on Global Debt from the International Monetary Fund and The Washington Post, plus excepts from my one-on-one interview with Harry S. Dent a few years ago. Plus, there&apos;s an offer to acquire a greater library of useful materials on the subject of Inflation, Deflation, and Gold.<br/><br/>Enjoy!<br/><br/><br/></p>