That old aphorism should now be updated: There’s a sucker born every second. This truism is the primary reason why our economy has crashed and socialism is now growing exponentially, it is because there are so many millions of suckers that have been and are being born. Perhaps that sounds a bit harsh, calling my fellow Americans “suckers.” Sorry, if that bit of frankness offends anybody; but, I could use some other, and perhaps, more offensive terms and still speak the truth about my assessment of a large and growing segment of the population. In fact, the term sucker, in my opinion, is a very mild way of putting it.

The good news is that the condition of living in suckerdom, like serfdom, is entirely reversible. If you have been infected with suckeritis or you know someone who has contracted it, it need not be fatal. This condition is entirely treatable and 100% curable. The first step in the treatment process is finding an articulate individual who is telling the truth about politics, the economy, human nature, and life in general. This can be more difficult than you might imagine.

One such articulate and truthful individual is Mr. Peter Schiff: Recently, I had the privilege of listening to him speak at The Ludwig von Mises Institute. http://www.mises.org/ is where you can view one of his best oral presentations.

The legendary Jim Rodgers is another individual that possesses both common and uncommon sense.

For many years a man by the name of Marc Faber was warning people not to be suckered into losing everything when the boom turned into doom.

All three of the above individuals rely on gold both as an investment, and a store of value. If you have gold, or you are thinking about buying it, than it would be a very wise move to consider what these men have to say. Google any of the above individuals if you want to supplement Mr. Ringers advice on gold.

Warning: If you’re happy being a sucker wearing a pair of rose colored glasses and wish to be an eternal optimist, than I suggest that you not waste your time and listen to any of these men. All of these men have a very grim outlook on the economy. In fact, I respect the opinions of these men so much that, frankly, I’m a bit worried for the future of America and the people I love.

Personally, I think gold carries some heavy-duty risks. Learn what they are if you don’t want to walk on the road to suckerdom. If you think that only gold will carry you safely threw the next great depression, then you might want to rethink your position and think again.

In conclusion, my great-grandparents raised my grandparents and they lived very well during the last Great Depression. My family lived like kings during that time period when in comparison to the general population. They did it without gold. My grandparents also raised my parents threw some harsh economic times. In the future, I will post just how they accomplished this. Personally, I own both gold and silver. And I’m ready to sell and get out of gold as fast as a bat out of hell if the federal government looks like it will employ price controls and/or confiscation of commodities as a means of supporting the almighty dollar. There are a lot of good places to hide and store your wealth, remember that gold is just one of them.

Thank you Mr. Ringer for bringing up this important subject and revisiting your excellent and thought provoking book, I still have a copy which is worth more than its weight in gold.