The guys at Agora Financial have it right - it's the "The Bailout Age"

The good folks at Agora Financial and their 5 Minute Forecast had enlightenment today on the age we live in. After watching the European bailout this weekend, I would agree with them. Here is what they surmised:

“The Renaissance. The Age of Enlightenment. The Industrial Revolution. The Gilded Age. The Cold War. The Information Age.

The Bailout Age ?

The printing press already has its own prominent place in history, so we’re not sure what else to call the first couple decades of the new millennium. But after this morning’s news, there’s little debate: time to fire it up!

The European Union (EU) and International Monetary Fund (IMF) announced a plan that comes straight out of the United States’ playbook

: smother debt flare-ups with truckloads of “free money” while the central bank manipulates rates.

European leaders unveiled a $957 billion plan to save themselves and their currency."

Yes, The Bailout Age is upon us. Helicopter money rains to the earth. Better get a gold hedge on the inflation that is coming. Gold coins hedge the monetary madness we are witnessing. Inflation fears are tamed with gold in your portfolio.