“Gold bugs” are forever chastised for championing gold coin investments with doomsday scenarios, but you can’t help but notice that the same warnings are creeping into the mainstream media.

June 20, 2011 - “Gold bugs” are forever chastised for championing gold coin investments with doomsday scenarios, but you can’t help but notice that the same warnings are creeping into the mainstream media.

The other evening a network newscaster added to a colleague’s comments on economic recovery, “if the economy recovers.” Such an utterance would have been considered heresy a short time ago. But the reporting lately has gone far beyond subtle asides.

The History Channel is running a two-hour special called “The Prophets of Doom.” This is not a documentary on the ranting of the lunatic fringe but rather a serious discussion of looming crises by some of America’s top minds. While they debate some specifics and each seems to have his own pet concerns, there is clear consensus that things are about to get substantially worse.

That is to be expected because the themes are all interrelated – the depletion of fossil fuels, the deterioration of the water supply, and global hunger. And they are all symptomatic of overpopulation and rapid advancement of emerging economies. Crises the likes of which we have never experienced loom a scant few years down the road, yet there is little action taking place to avert them.

The developed nations should be the best equipped to deal with the issues but we’re broke. Our efforts to climb out of the hole are serving only to exacerbate the problems. And many of the “prophets” believe we are already out of time.

It’s no longer a question of economics. We are rapidly running out of the necessary resources to sustain today’s population, let alone support its staggering growth. Competition for food and fuel is already intensifying at an alarming rate. The tipping point will come when there is no longer enough to go around. Hunger is a powerful primal force, and no nation is immune from its effects.

It seems inconceivable that society could regress into total anarchy, but that is exactly the road we are on. It will take unprecedented global cooperation and determination to change course, but I think that is most unlikely. I also think it unlikely that mankind is coming to an end. Things will get ugly, no doubt, but we are resilient and will ultimately adapt.

If a tornado is bearing down, you head for the shelter. With social chaos bearing down, you buy gold coins.

Kevin Johnson

Senior Staff Writer – GoldCoin.net