Posted by Francis Koh on 23 Jul 2015

The Collapse Of The U.S. Retirement Market & Epic Rise In The Price Of Gold

With the recent take-down in the price of gold, many precious metals investors have become worried once again that they may have invested in a DEADBEAT ASSET.  And of course analysts from member banks are now too eager to present charts showing the price of gold only has one way to go… much lower. 

U.S. Retirement Market 1974-2014  Total U.S. Retirement Market vs Gold Price new  Total U.S. Energy Consumpiton

Sometimes I wonder how these bank analysts sleep at night realizing they sacrificed their profession in order to dish out worthless propaganda.  Well, maybe they just don’t have an option or they will turn out like the poor 30,000 slobs that are going to be laid off at Barclays over the next two years.

Now, if we estimate the average salary of a Barclays employee (found here) of $70,000 a year and multiply it by 30,000 workers, the CEO will have an extra $2.1 billion to pass around to upper management as bonuses.  Nothing like living off the fat of the people.    Let this be a warning….. the end of Fiat Monetary Finance is coming.  Times are ah-changing.