Anyone who is not prepared to take a contrarian view today, risks to be a real victim in the next 5-7 years.

In the business of financial journalism, nothing sells better than fear - all-out financial, economic devastation and collapse, and the worst of all possible scenarios crouching on your doorstep ready to jump out and get you at any moment. Welcome to the doom-and-gloom “financial-tainment” industry. Get comfortable and start reading these highly addictive, sensationally-driven, doom-and-gloom financial commentaries and ask yourself if they are just fear mongering or could well be prophetic in their forecasts.

My sense is that most investors and traders today are grossly deceived about the nature of reality. REALITY will prevail eventually! Isn’t it time to get REAL? I am.

Given the negative real rates, a falling dollar, and heightened correlation between stock and bonds, gold should be an essential part of every investor’s portfolio today.

I wistfully remember the good old days of blissful naiveté about economics, which is before I found out about the Austrian school of economics, which led me to completely comprehend the unbelievable Keynesian econometric insanity of excessively expanding a fiat currency, especially over an extended time.

In a conversation posted at You Tube, GoldMoney's brain trust -- founder James Turk, CEO Roy Sebag, research chief Alasdair Macleod, and Vice President John Butler -- discuss the market possibilities for the new year and how gold may figure in them. They seem to agree that big changes are in the air.

Higher prices (inflation) are a natural consequence of our ever increasing monetary supply and the U.S. Department of Labor tracks those increases via a basket of common consumer goods which is known as the Consumer Price Index (CPI) but reveals a major discrepancy with The Economist's Big Mac index. Why is that?

Trust in the proven history of the only true money, gold and silver. The charts say there is still time to buy, but any event can trigger a panic and the physical metals will not be had at prices people can now afford.

In the next 5 years most people will lose 75-90% of their wealth and some 100% but investors needn’t lose most of their money if they took a few measures to protect their fortune...

Currently, Russian gold reserves rank 7th in the world. It’s clear that there is a concerted effort by Russian authorities to build up the country’s gold reserves as part of a national strategy to negate the effects of economic warfare waged by the United States.