I Am Prepared To Be Right But Are You Prepared?


by David Schectman, MilesFranklin.com:

What if we’re right? What if gold runs up to Sinclair’s prediction of $3500-$5000 or his much higher predictions? What if the bottom falls out of the derivative market and gold soars? What if the dollar loses 20%, 30% or even 50% of its current international buying power? What if the dollar loses its Petro-Dollar status? A lot of “What If’s.” A lot of real possibilities too.

Have you seriously considered what the world we live in would be like in any of these scenarios? I think about it a lot. But it is really hard to get past the intellectual aspects. It is hard to visualize what like would be like. I don’t think any of us will like the results of $5000 or $10,000 gold and $100+ silver. There is more to a good life than a balance sheet, even one that…

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