buy gold and silver bullion

Friday, March 2, 2018

James Anderson: No Fiat Currency Survives, is the US Dollar Any Different?


A currency crisis is possible, Anderson says. The U.S.'s unfunded liabilities at net-present-value is $210 trillion. He sees the U.S. inflating its liabilities away, which will push down the value of the Dollar. 

Anderson discusses investing in precious metals. He says the optimal proportion of gold in a portfolio has proven to be 25% over the last decades. Besides gold, what are the fundamentals for owning silver, platinum, and palladium? Stay tuned to find out! Lastly, Anderson talks about cryptocurrencies. 

He reveals fraud in the Bitcoin system, and why Bitcoin cannot replace the financial system.