In Difficult Times Buy Gold In Difficult Times Buy Gold by Raymond Carr We said here months ago that gold would reach all time highs. What has happened? Gold has reached all time highs. Why has this happened? The US and the UK are both in serious trouble. Sorry to be a doom monger folks, but that's the truth. US banks are still going bankrupt with very little insurance to cover the losses. Government spending is still soaring which will eventually lead to hyperinflation. Hyperinflation is not as rare as governments would like you to believe. Whenever a government spends far more than it takes in, the risk of Hyperinflation is there. It wipes out the value of accumulated savings, leaving even affluent people penniless. Also, increasingly totalitarian governments which believe in illegal surveillance of law abiding citizens will lead to even more taxes wherever you are in the world. Gold is and always has been, real money, and in a severe global meltdown, would ve...