In the event of a systemic economic failure certified gold investments might well determine who survives. Posted by James Randolph on January 04, 2011
Insure against systemic failure with certified gold.
January 04, 2011 – In the event of a systemic economic failure certified gold investments might well determine who survives. Systemic failures are those that strike at the core of the economy, disrupting all activity for extended periods. Decades of government excesses and deception have brought us to a point where there is no way to fund desperately needed repairs to our infrastructure and left us vulnerable to natural disasters that could bring our economy to a screeching halt. And conditions are right for that to happen as early as this year.
The power grid in America is in critical condition. Several urban areas already experience the regular interruptions normally associated with third world countries. Much of the grid is ancient, and the equipment holding it together is obsolete and well past its expected life. But the estimated $1.75 trillion that it would take to fix it is not in any budget. As we enter the next cycle of increased solar activity this year our fragile grid could be put to the test.
Solar mass expulsions (SME) pose the single greatest threat to the grid, as was realized in Canada not too long ago. SMEs are extremely difficult to predict and with only hours to prepare the entire nation could be plunged into darkness.
It would not be just a temporary inconvenience. Existing yearly manufacturing capacity can produce but a fraction of the immense transformers required to restore power. It would take years before power is fully restored. Add in total disruption of communications a loss of GPS and other critical satellite systems and the nightmarish scenario is crystal clear.
The government seems willing to gamble away our future trusting in luck, but we have a choice. With certified gold investments we can survive systemic failure and rebuild in its wake.
Senior Staff Writer – Certified Gold Exchange