The choice is clear: keep believing the lies and suffer the losses, or invest in certified gold coins and prosper. Posted by James Randolph on March 01, 2011
Stop buying into the lies and start buying certified gold.
March 1, 2011 – The choice is clear: keep believing the lies and suffer the losses, or invest in certified gold coins and prosper.
“NATIONAL ECONOMY SLOWED BY STATE, LOCAL CUTS,” shouts a headline in the Savannah Morning News, but that shouldn’t come as a surprise. And just as Bernanke regularly disavows any connection to problems in the global economy or with staggering commodity prices, we can presume the same goes for the states. I expect any day now he’ll be on TV trying to convince us that the states’ problems are beyond his control and that they have nothing at all to do with his policies. But that will be a lot harder sell.
Still, Americans want to believe in the Fed, and they want to believe in Wall Street. “It looks as though many of the retail investors now getting back into stocks are the same people who bailed from the market just before the start of a historic bull run,” says Jason Zweig in the Wall Street Journal. But such seemingly self-destructive behavior is only being human. “The memories of loss in the financial crisis already are fading, while the regrets over being out of stocks are refreshed every day the market goes up.”
As Barry Ritholtz, author of Bailout Nation, recently explained in the Washington Post, “Humans make all the same mistakes, over and over again. It’s how we are wired, the net result of evolution.” Behavioral science backs that up, says Paul B. Farrell in Market Watch. “Bankers and politicians are lying to us 93% of the time. It’s 13 times more likely Wall Street is telling you a lie than the truth. That’s why they win.”
But a great many Americans are still feeling the pain and are choosing to stop believing the lies. They are putting their money in certified gold coins, and that’s why they will win.
Senior Staff Writer – Certified Gold Exchange