A faint cry is heard from deep within the wilderness, “Let me buy gold, for nothing is left to grow my wealth.” Posted by James Randolph on July 06, 2011
Americans need to return to accumulating wealth through gold investment.
July 06, 2011 – A faint cry is heard from deep within the wilderness, “Let me buy gold, for nothing is left to grow my wealth.” Michael Barone, senior political analyst for The Washington Examiner, poses the question “how will most Americans continue to accumulate wealth and enable us to maintain a robust property-holders’ democracy? … Attempts to resurrect the recent past seem futile.”
Indeed they are. “Let a good old-fashioned Good Depression do the job that our hapless, happy- talking leaders refuse to do. Take our medicine. Let a new depression clean house and reawaken Americans to core values,” says Paul B. Farrell in MarketWatch. “America’s out-of-control. A debt addict. Time to detox. Deal with the collateral damage before it’s too late.”
That’s the kind of talk we need to hear, not the kid-glove Pablum we have been fed. “Our property-holders’ democracy has served us well. Let’s hope it leaves the way open for us to develop new forms of wealth accumulation,” says Barone.
Is it really all that hard to see? For countless generations, throughout every conceivable form of government, gold has prevailed as the singular measure of real wealth. So why is it such a stretch of the imagination to see gold investment as a form of wealth accumulation?
Frankly, it is because we have become addicted to the concept of wealth creation. There is a huge difference between the two. Wealth accumulation is a lifelong commitment to preserving a portion of what we earn. Wealth creation is just trying to get something for nothing, but in the end there is no free lunch. Life entitles us to nothing but the opportunity to do with it the best we can.
Somewhere along the way we lost sight of that most basic precept. We somehow came to see wealth as our birthright, not something we must acquire through our wits and our sweat. We tried to live today on tomorrow’s harvests, and we failed miserably.
“Wall Street and their cronies are doing such a miserable job, America needs a new strategy,” says Farrell. At the heart of that strategy will be accumulating wealth through gold investment.
Senior Staff Writer – Certified Gold Exchange