Folks, as I have mentioned before, it is all about positioning. David Walker is our former Comptroller for the US government. He knew the numbers then and knows them now. The International Business Times reported on David Walker yesterday. This is what they wrote:

U.S.

Standard of Living Unsustainable Without Drastic Action, Former Top Govt. Accountant Says

Who will bail out America

? A longtime budget hawk and currently CEO of the

Peter G. Peterson Foundation, David Walker says America's growing long-term debt is dangerously close to passing a "tipping point" that could trigger soaring interest rates and a plummeting dollar. In a worst case scenario, that could trigger a "global depression," he says, warning: "Nobody's going to bail out America."

With the U.S. facing $50 trillion in unfunded liabilities and around $62 trillion in total long-term debt, what worries Walker most is what happens after the recession dissipates,

as detailed here. "I'm less concerned with the short-term deficits than I am the fact that we're not doing anything about those structural deficits that people used to call long-term," says Walker, former U.S. Comptroller General and head of the Government Accountability Office. "But the long-term is here."

Since, as David Walker said, the long term is here, it is time to quit putting off that decision to buy gold. Call your coins dealer now. Better yet, call us at Lear Capital - the precious metals dealer of choice.