More than leaves will fall this Fall!

I know I do not post everyday anymore, but I post when I think it is important. Imagine you are playing Jenga. For those of you that do not know, Jenga is a game of wooden blocks you stack as high as you can until the tower comes crashing down. The point of the game is to be the last person to stack on the tower before it falls. Now imagine that Wall Street is playing Jenga, and the tower is getting super high , almost 11,000. With that is Gold, which hits a new high it seems everyday. At some point the tower becomes shaky, and starts to fall. My question is: Are we ready for that collapse? When you are playing Jenga, you are careful to stack your blocks, because you do not want them to fall, yet on Wall Street there are people that still make money when the tower comes crashing down.

Gold has been a form of currency for trade for 6,000 years, what happens when all of the gold becomes as worthless, as paper currencies? I know you think that will not happen Norm, gold is of a real value! According to who? When I look around, and see the things happening, and I see articles warning that food prices are going to be driven higher maybe as soon as this winter, are you going to pay for your groceries with gold? Here is my dilemma, when a real crisis emerges do you think you will be able to buy food, water, medical supplies with gold? The answer is no! The trading system will go back to trading services for services, or services for useful tangible goods. The "Experts" say that gold is a hedge against inflation, to protect your assets, and your IRA's etc, well if that's true, then how come we do not just use Gold? The answer is simple, there is not enough gold to support all of the paper currencies. If you are not Bill Gates, Warren Buffet George Sorros etc... you do not have enough accumulated wealth to protect your assets, and those assets during a bank run, or heavy market crash will be what the Government, and Wall Street tell you they are.

I apologize for the length today, but I am thinking of many things. Let's say that Gold hits $2,000 an ounce, and the Treasury prints out more money, like they are already doing, and let's say the market gets a scare, and massive sell offs take place, and you have bought gold? How quick can you react to save your "Nest Egg"?
Not quick enough is the answer.

I'm telling you now, that it is brewing, the market #'s are inflated, and the masses of "Educated" investors are hitting the road. You will not see big Bonuses (except for the execs) on Wall St this year, and be prepared for the 50,000 to 80,000 US layoffs on Wall Street alone before Spring 2011.

It has begun. Food and Water, Guns and Ammo will be viewed as Currency in the next 18-24 months.