In Greenspan’s recent meeting with David Stockman, Bill Bonner and other Agora staff members, he frequently indicated that he considers unfunded entitlements to be the biggest threat to the value of the U.S. dollar. David and his analyst, Dan Amoss, both agree that every portfolio should hold some gold as insurance. They’ll introduce a trade to profit from a surge in demand for gold.
Profit From Greenspan’s Warning About the Third Rail of Politics
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.