Archive for goldman sachs
Gold, Silver, Banks and the SEC
Posted by: | CommentsAmazingly, today the Securities and Exchange Commission (SEC) – charged Goldman Sachs Group Inc with fraud in the structuring and marketing of a debt product tied to subprime mortgages.
This is an incredible turn of events. The lawsuit represents a dramatic expansion of regulatory efforts to hold people and companies responsible for activity that contributed to the nation’s financial crises.
I’ve been reading “The Conspiracy of the Rich“ by Robert Kiyosaki and he goes into the various ways in which the banks (and it has to be said governments – of both parties) contributed to the historic and present depressions.
Now before I depress you – let me say “Rich Dad’s” Mr. Kiyosaki also goes into great detail about how to prepare for what he describes as a “German style depression”. His solution?
Accumulate gold coins and silver coins and other inflation adjusted investments”.
My solution? Accumulate gold coins and silver coins!
My recommendations are:
1. Coin of the Month Club where you can build a collection over time or
2. Other specialist coin dealer. For example: