The Mogambo Guru has a very simple message for investors: Buy gold and silver now. These shiny metals are the only place to hide from inflation. And that’s why their value is going to soar…

If you quote stock prices… or housing prices… in terms of the number of gallons of gasoline they will buy, you find that even ‘the rich’ aren’t as rich as they think they are. The Dow would get you about 2,200 gallons of gas in 1968. Today, at $4.10 a gallon, the Dow is equal to about 2,200 gallons.”So what to do? Easy one: Buy gold! And it appears that a lot of people are doing that very thing, as the independent.co.uk site reports that Britons may be getting smart, too, as, “Britons who still have any wealth to invest are turning their backs on the property portfolios, stocks and shares, and sports cars that have long constituted conventional investments, and pumping their savings into old-fashioned gold bullion and coins.”

How smart? Well, they say that “Last year saw an 81 per cent increase in UK investment in gold coins”, and now, “Leading gold bullion suppliers BullionVault, ATS Bullion and Baird & Co have all revealed record levels of investment in gold bars, and the World Gold Council (WGC) has reported a big increase in the number of gold coins being bought.”

So this begs the question, “If the increase in buying was 81%, at what point is it a bull market?”, which in turn begs the question, “If I buy gold right now, using every damned dime I can get my grubby little hands on, how freaking much money will I make when gold and silver zoom, and will it be enough to just disappear and start life over someplace far, far away?” Hahaha! Whee!

Source: Nowhere to Hide from Inflation