Will YOUR country pass this test?

Dan Amoss, who often writes for the Agora Financial 5 Minute Forecast said this today: “Greece is just one branch stemming from the root of today’s economic challenges.

We are beginning to navigate the endgame after decades of Keynesian policies -- policies that delude most voters into thinking, ‘You can have something for nothing, at someone else’s expense.’

If left to its own devices, the free market would have already deflated money and credit rapidly. Instead, policymakers employed Keynesian prescriptions to prop up the past inflation of money and credit. In an attempt to maintain the status quo, these policies expropriate the capital that could have been used to rebuild a sane, honest, sustainable economy.

Amazingly, the stock and bond markets remain complacent when -- over the next few years -- the bond markets will put Keynesian policies and unsustainable welfare state models to the ultimate test. Greece just failed that test. Several more countries will fail.”

Remember that a gold coin has never failed. That is what it is - a sovereign gold coin - it pays allegiance to no one.