An extract from the headline article in King World News, 27/8/16...

An  extract  from  the  headline  article  in King  World  News,   27/8/16

What’s the distinction between money and wealth? Wealth refers to real things– commodities like
oil and germanium, and the products created with commodities, and even the information needed
to create those products. Wealth (with money as a facilitator) must be used to create wealth or it
lies fallow and is no different than the paper money that piles up in West. There is no future without
future wealth creation.
And gold, which is the only thing you can call both wealth and money, will be at the center
of future wealth creation. If you are going to survive a transition rockier than any we
have ever experienced, owning gold, and especially gold mines, is absolutely essential.
Our other advice is that because of the risk of confiscation – especially in the West, which
may be gold-poor – we strongly recommend a heavy emphasis on gold mines rather than
on the metal itself.
Gold is special for many reasons but mostly because it is the only thing in this world that is
both money and wealth in a single package. The more you have of it, the better off you will be.
It is the only sure ticket in today’s world.”

It’s revealing that on Friday the country’s top two government economic policymakers
contradicted  each other within the space of barely an hour, resulting in the market lurching in
opposite directions.
First Federal Reserve Chair Janet Yellen said an interest rate increase might be in the cards but
that any rate hikes would be slow and gradual. The markets rallied.
Right on her heels the Fed’s No. 2 official, Stanley Fischer, said there could be two rate increases
before year-end – i.e., increases might not be gradual. The markets sank.

What  chance  do  we  have  of  making  a  valued  decision  when  this  happens.