The Winds of Change ...

... they are a blowin'.

Bill Bonner summarizes many of the problems facing the world economic system today in this foreboding article. These 'we don't know what's around the corner but it might have big pointy teeth' articles are getting to be routine. Not that folks don't need to hear them.

"A rising power acquires gold. A fading gives it up." Here he is referring to other countries (primarily the BRIC boys) buying gold and western countries selling. I think it's true of people as well. Someone who owns some gold or silver (or other things like land) has more power than someone with a bank account. If you own some tangible assets than you are not 100% dependent on the monetary system and you are somewhat protected from its convulsions.

A Warning