One thing that President Obama and Rep. Paul Ryan made abundantly clear is that we ought to shelter ourselves with gold coin investment.

January 26, 2011 – One thing that President Obama and Rep. Paul Ryan made abundantly clear is that we ought to shelter ourselves with gold coin investment; it would be folly to have faith that the government will fix the dire problems facing us any time soon. Between the lines of impassioned rhetoric on both sides was just the same old shtick.

Obama, as expected, wants to continue spending our way out of debt, and alludes to further quantitative easing (dollar devaluation) with a plan to “double our exports over the next five years.” The President proclaims that “we can’t allow financial institutions, including those that take your deposits, to take risks that threaten the whole economy,” but he hints that interest rates will remain unrealistically low and he gave no indication that he intends to break the unholy alliance between the Fed and the equity markets. Obama promises “to lay a new foundation for long-term economic growth,” but he plans to use the same crumbling bricks that caused the collapse.

Ryan’s rebuttal at least had the ring of sensibility. That “the days of business as usual must come to an end,” is inarguable and it is obvious that “endless borrowing is not a strategy.” And his warning that “poor decisions [being] made in Washington and Wall Street . . . threatens not only our livelihoods but our way of life,” is one we should all take very seriously. But where’s the beef?

Politicians on both sides are still refusing to tell it like it is, and that cheats us out of the chance to join forces and do something about it. When Americans know the truth and trust our government to work in good faith for what’s best for us, we will make whatever sacrifices are necessary.

Without that trust we can only do what is best for our families, and that includes protecting them with strong gold coin investments.

Kevin Johnson

Senior Staff Writer – GoldCoin.net