July 31, 2012
Managing Editor at Absolute Wealth James R. Gorrie has published the final installment of his interview with financial and economic expert Craig R...Together they’ve covered a gamut of economic material, and wrap things up with an unfortunate conclusion.
The Federal Reserve has tied itself in so many knots, said Gorrie in the article, that the solutions are merely producing more problems.
Is the gold standard the answer? Gorrie and Smith wondered about that possibility in the article.
Smith’s solution? Make wise and diversified decisions on personal investments. “We believe,” he said, “that you should have no less than five percent, and no more than 25% of your money in gold; the rest should be diversified into inflation sensitive stocks, such as utility stocks.”
The only real way to deal with such trying economic times, Smith said, is to “inflate our way out of it.”
Craig R. Smith is an economic analyst and commentator, and has been featured in over 1,500 radio and TV programs. Craig is a frequent guest on Fox's Your World with Neil Cavuto and Harvest TV's Money Moment...He believes we need a revival of self-government and free market principles to help rebuild the American economy. Smith’s next book, Earth AD: Earth After the Dollar, will be out in September.
James R. Gorrie has more than eighteen years of financial advisory experience. He holds a BA in economics, and attained doctoral candidacy in international relations and comparative politics, with an area specialty in international political economy. Gorrie writes daily articles on current macroeconomic and investment topics, Special Reports, and analyses on geopolitical events around the world that affect the market.
Absolute Wealth is an expert team of real investors and advisors devoted to identifying winning strategies for exceptional returns. Members subscribe to the company’s Independent Wealth Alliance for professional investment analysis and recommendations on the latest market trends and progressions. For more information and subscription instructions, visit AbsoluteWealth.com.
For the original version on PRWeb visit: http://www.prweb.com/releases/prwebAbsolute_Wealth/interview_series/prweb9751590.htm