The Ultimate Armageddon

In a recent CNBC article, Marc Faber, editor & publisher of The Gloom, Boom & Doom Report, says, "the governments are taking over." "They will all bankrupt us and expropriate us, but it may not happen tomorrow. They'll give us something to play with, until the whole system breaks down...they'll just print money and print more money."

He warns that all that is accomplished by printing more money is the postponement of the "Ultimate Armageddon."

He flat out tells investors not to own cash as that will become a disaster.He says gradually convert cash to gold and silver.

Today, one need not look far to find yet another voice speaking out against the wholesale printing of money to solve today's economic problems.Advocates of gold coins as money are springing up everywhere.Silver coins are also growing in popularity as the smart money is definitely moving away from paper assets.

What is sad in all this is, for most people it's so easy to accept that recovery is underway and that there never will be a time when having a few gold coins or a pocket full of American Eagle Silver Coins is the difference between your family eating or not eating.

Also sad is the fact that by the time the beast of debt rears its ugly head, many will scramble to own gold, or some form of precious metal, at a time when the gold demand is so high that supply may be gone and you can't buy gold at any price.