Italian elections are taking place and it looks like Berlusconi is in. When you see things like this happening, American politics doesn’t look quite so bad. More importantly, this is a potential Black Swan event that could lead to the undoing of the Euro and the world economy. And, if it’s not this it will be something else, rest assured. Don’t try to play tricks with hyper-inflation and the eventual repudiation of all debts. The system will come after you and try to reclaim your gains. Also, what if you’re wrong about when it will happen and you need to cash in your chips before payday? Accumulate gold and silver and be content to just sit back and wait. Andy Hoffman joins Kerry Lutz for another Monday podcast.
This interview was hosted by Financial Survival Network.