an interview with adrian douglas, a director of the gold anti-trust action committee, was published yesterday. in russia today. that in itself is a sign of the times when there is more press freedom in russia than there is in america:

RT: What about people that possibly do not have portfolios, they have a little bit of savings in a bank. Should those people take their money out of the bank and buy gold?

A.D.: Yes, they should. Gold and silver will go to astronomic numbers as currencies are inflated to very little purchasing power.

The US government is announcing almost on a daily basis how trillions of dollars are being put into the system and this that is money is created out of nothing has no backing. It will eventually lead to hyperinflation and reduce the purchasing power of their currencies. So how could you protect yourself? By taking money out of the bank and buying gold from a broker.

You must own physical gold. There are a lot of gold substitutes out there which are paper promises for gold, and they won't protect you. You need to have either allocated gold or gold in your hot sweaty hands that you own yourself.

http://www.russiatoday.com/Business/...