"You hear that Mr Anderson? That is the sound of inevitability."
--Agent Smith (The Matrix)
As interventionist policy has escalated, many investors have been searching for ways to hedge against the inevitable--against the time when intervention can no longer restrain market forces seeking to move the system back into natural balance.
While some hedges are certainly available, there is no perfect hedge. In the case of monetary collapse, for example, even someone who owns a boatload of gold will be stung by spiraling prices.
Everyone will lose to some degree.
An investor can only hope to do his/her best to minimize the damage that is coming. To emerge on the other side as whole as possible--knowing full well that the outcome will be a fraction of before.
position in gold
Thursday, June 6, 2013
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The essence of the interventionist policy is to take from one group to give to another. It is confiscation and distribution.
~Ludwig von Mises
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