Wealth Destruction | The Gold Standard #2106

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David Walker, the former Controller General of the US and head of the Government Accountability Office, said it best over 10 years ago. "I would argue that the most serious threat to the United States is not someone hiding in a cave in Afghanistan or Pakistan but our own fiscal irresponsibility."

In this episode of The Gold Standard, Dave Deno talks with the Senior VP of the Midas Gold Group, Ken Russo, about the dangers of wealth destruction. The financial dangers include multiple problems that have been unaddressed for decades. These include the global trade imbalance, budget deficits, out-of-control currency creation, insurmountable debt, and its unfunded liabilities.

Ken Russo paints a bleak picture, but it's not all doom and gloom. Although the facts are sobering, there are steps you can take to protect whatever assets you may have. Namely, holding physical precious metals like gold and silver.

The featured bullion product is one of the world's most sought-after gold bullion coins, Australia's Gold Kangaroo.

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