Like the GFC, Only Worse

I know that discussing finance isn't everybody's cup of tea, but important signals are being sent that you need to be aware of.

They're telegraphing that something is very wrong with the global financial system, and it's essential that you understand what could be headed our way.

Whether or not you take any action to protect yourself is entirely up to you, but those who have heeded previous warnings should be smiling. If you aren't one of them, there is still time to act.

First off, though, let's consider the messages being sent.

The first is the price of gold. It's now at record highs and over AUD 4K. That's more than $1,000 higher than my last suggestion that having some gold is like having financial insurance.

It's much the same with silver, now trading over AUD 50 oz.

They're both telling us that there's something really big underway.