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With that in mind, in 2004 i obtained a few gold bullion coins to hedge against what seemed an uncertain . Gold had roughly doubled to $400 an oz at the time from its multi-year lows. In mid 2008, shortly subsequent to the collapse of investment bank bear stearns, with gold at $800 oz, and myself to be a teacher and writer by partial trade, i wrote an essay entitled the thin red white and blue line to warn friends and relatives perhaps too busy living their lives think about note of how dangerous the financial system became and that trouble was afoot. Greed, corruption, and the resultant overleveraging threatened the principles of the economy, so i suggested several things several might do in order to mitigate what appeared in order to an inevitable crash. Seriously the list from that article.
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