Contrary to what U.S. House Speaker Pelosi (D – California) and U.S. House Representative Barney Frank (D – Massachusetts) — Chairman of the House Financial Services Committee — want unsuspecting U.S. taxpayers to believe, the U.S. economy is not looking very well, despite the quick-fix gimmicks both members of the U.S. Congress have proposed: another lame economic recovery and stimulus package proposal.
Sadly, many investors’ confidence in the Federal Reserve is beginning to falter. The Federal Reserve’s credibility to motivate the U.S. credit markets has been proven worthless, unintentionally escalating a very serious financial crisis that many Wall Street investors can no longer afford to ignore.
In response Federal Reserve’s latest failure to revive the credit markets in the U.S., the U.S. federal government has opted to finance businesses without mediators, hoping to resore the integrity of the U.S. financial system. However, the Federal Reserve has lost it’s staying power in the bedroom of global finance. Now, furious investors are considering recession-proof investments into which they can invest their increasingly devalued money: bullion gold.
Bewildered investors — scrambling for a financial solution — are vying for investing in bullion gold bars as one of the best solutions to protect their assets from eroding further. Because of bullion gold’s strong performance on Wall Street, many investors are feeling confident that their buying bullion gold bars makes more sense (no pun intended) than their doing nothing and waiting for the U.S. credit markets to rebound back to it’s former glory, an event many economists say will unlikely to happen this year.
Why is Gold is the Ultimate Currency?
- Each day, savvy bullion gold investors buy, own, and sell gold in real time at the latest gold prices worldwide.
- A gold-trading opportunity starts from one gram.
- Bullion gold investors can safely buy bullion gold bars without hassle.
- Bullion gold investors can buy bullion gold bars at the best Bullion gold prices in the world.
- Bullion gold investors can buy proven, pure gold grams of market-approved bullion bars.
- Bullion gold investors can buy gold that is stored in any Brinks vault of their choice: New York, London or Zurich.
- Bullion gold investors can buy buy or sell gold on Bullion Vault’s public, online gold exchange, in which they will fetch a better gold price.
Who are among the most inept politicians in U.S. history?
Pelosi and Frank — both of whom have been deemed to be among the most inept politicians in U.S. history — seem too proud to admit that the $700 billion dollar bailout is an utter failure. In fact, their proposing two lame economic recovery and stimulus packages in less than a month should prove that they would rather risk U.S. taxpayers’ money on senseless funding schemes than to concede defeat.
The corporate credit markets will remain on life-support system until the U.S. federal government finds a viable solution to remedy the ailing U.S. economy. Until then, many economists are solemnly predicting the total systemic failure of the global financial system.
Costly financial lesson learned: highly-risky and costly bailouts (costly welfare handouts), economic and recovery stimulus packages (more costly welfare handouts), and other similar federal-backed schemes do more harm than good… usually at the U.S. taxpayers’ expense.
DISCLAIMER: We are not investment advisers. This Weblog entry does not constitute a recommendation to buy or sell gold. As with all investments, purchasing/selling gold or any other gold-related products is done so at your own risk.