Something a little different for my readers today… As you know, we have been big believers in gold bullion since before the Credit Crisis even started. In fact, we turned bullish on gold bullion back when it was trading under $300.00 an ounce. And we’ve been bullish ever since. But gold bullion prices have been stuck in a narrow trading range for months now and gold investors are getting nervous. While some are saying the bull market in gold bullion is over, we think a base (often referred to as “support”) is being put in for gold’s next big advance upward in price. We asked our in-house gold bug Robert Appel, BA, BBL, LLB, for his current thoughts on what investors should do if they are in the gold market or thinking about getting in. And we got a lot more than just gold bullion advice from Robert. A must-read for my readers follows: “What is happening right now is unprecedented. Unprecedented to a degree that is almost impossible to conceive, yet alone explain. “It is like talking on the phone to someone in the eye of a hurricane. The ‘wide shot’ shows death, destruction and devastation all around. But the person on the other end of the phone, the person actually in the ‘eye’ of the disaster, sees calm all around and does not fully understand why everyone else is so concerned. “For the last half-century the Western nations have lived beyond their means and solved any short-term problems that popped up by printing more money. The debt currently owed by many Western nations can never be repaid fully. That is not a misprint. “Repayment under a fractional reserve system is now a mathematical and theoretical impossibility. All they can hope to do is manage the interest. “When YOU do this on your credit card, it is called irresponsible fiscal management, and they send you to counseling or try to put you in jail. When politicians do it, remarkably, it is ‘business as usual.’ And we reward them by re-electing them, increasing their salaries, and giving them a pension plan that even an auto worker would die for. “This mess almost blew up in the 1990s. Then it almost blew up in the 2000 crash. And then it finally (seemingly) blew up in 2008. At which stage these same brilliant politicians, working in tandem with their hired-gun central banks (again, their privately owned central banks, allegedly under ‘government control’ by directorship) decided to completely rewrite the laws of economics. “Everything you learned in ‘Economics 101’ when you were in school no longer applies. Now it is somehow possible to be both creditor and debtor of ... Read More