Mover Mike

Ever since I watched Chris Martenson, economic analyst at chrismartenson.com and author of ‘The Crash Course’, explain why he thinks that the coming 20 years are going to look completely unlike the last 20 years, I can’t stop thinking about his examples.  You can watch it at Zero Hedge.

Then today I watched a hour with Kyle Bass explain why he is pessimistic about Europe, Japan and the U.S.  and he references an article in Foreign Affairs by Nassim Taleb (and Mark Blyth).

When I say to my wife or friends that Silver has a huge upside, maybe $350 to $1,000, the inevitable question is when?  Martenson says in an exponential system things come faster and faster and Taleb says a complex system that has been made stable by governments or politicians, for example, becomes extremely fragile and leads to black swans,

I just don’t think we have years and years, but maybe a year to three at the most. Why should we squander our precious resources on things Blue Ray players, iPads, and Kindles, when buying Silver and Gold coins makes more sense?

Tags: 2012, Gold Silver, Government, Government Spending //
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