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As the average American’s discretionary income dwindles, buying silver and gold gets ever more removed from their financial planning.

June 01, 2011 – As the average American’s discretionary income dwindles, buying silver and gold gets ever more removed from their financial planning. But that represents a very serious misplacement of priorities.

As a people we have lost sight of the need to sacrifice to preserve our future wellbeing. Over the past few generations we have come to rely on the Federal government to bail us out of every circumstance our reckless consumption leads us into.

The crisis in health care is one example. As the costs of care have skyrocketed far past inflation, carrying the cost of insurance with it, a growing percentage of the population has opted to forego the expense of health insurance. Their reasoning is simply that should a crisis arise, they will be cared for regardless, at the expense of everybody else. But that is a personal choice, and should not be their neighbor’s burden.

The same reasoning holds true for those who were suckered into believing they could afford a champagne home on a beer budget. And it holds true for those who fail to prudently insure their property against natural disasters. As millions upon millions of Americans become victims of disasters, we hear stories of those who got wiped out and have no insurance to help them rebuild. Only now the government’s pockets are empty.

It is indeed tragic, and we empathize deeply with the victims for their losses, but we are not responsible for those who fail to help themselves. That cold hard fact is only now being realized because there is simply no money left to pass wantonly around to anybody and everybody who has their hand out.

It is up to every citizen to reevaluate their priorities and take whatever measures they are capable of to protect themselves in case of disaster. Above all else, we cannot rely on the government to be our parents in our later years. The issue of how much money we were taxed towards that end is moot. The government is broke and at best it will take decades to recover. The time has come to fend for ourselves.

One absolutely essential thing we must all do is preserve our wealth for the eventuality of a prolonged economic decline. How much would you be willing to do without today in order to build a prudent reserve of gold and silver that would insure you against loss of wealth and provide for your needs when Uncle Sam’s well runs dry?

Shannon King

Senior Staff Writer – GoldSilver.org

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