The Economy is Improving & Other Little Lies Washington Hopes You Believe [SPDR Gold Trust (ETF) (NYSEARCA:GLD), Newmont Mining Corp(NYSE:NEM), Barrick Gold Corporation (USA)(NYSE:ABX)]

7.3 million people. The Pollyanna media crowd likes to point out that this number is lower than it was in 2009, but what they fail to mention is that it is still nearly twice as large as the 4.4 million statistic for the same group back in 2007. Not exactly the picture of a robust and expanding economy, is it?

The Affordable Care Act: Good for America?

Making the news again this week is the increasingly unpopular Affordable Care Act. Hurried through Congress under a cloak of secrecy, the ACA was heralded as a way to ensure that every American would be able to afford quality health care. Famously, the president even promised that Americans that those who liked their current health care policies could keep them, if the ACA was passed.

Now, two years later, we see that not only are people losing their favored health insurance policies, but the affordability aspect that was so touted is also not proving to be true. As problems continue to mount, more and more people are coming to the conclusion that they may have been lied to and Jonathan Gruber, one of the architects of the Affordable care act, has now publicly admitted the same. Since the media worked hard to support passage of the ACA, they are having some difficulty spinning this new twist.

The Problem with Lies

The health of the economy and the benefits of Obamacare are not the only falsehoods being perpetuated on the American people. From our eroding relationships with once friendly countries around the world, to the damage we are feeling internally due to immigration, racial issues and the growing threat of terror plots on American soil, familys are becoming less secure, both physically and financially.

The mainstream media is not likely to reform and return to factual, informative journalism anytime soon, but more and more Americans are catching on and taking charge of searching for the truth. They read beyond the headlines, verify facts and then take appropriate action to protect both themselves and their families and keep them safe in volatile times.

The practice of investing in gold, silver and commodities is fast becoming one of the cornerstones used to build a strong base that can shelter families from economic distress, no matter the cause. As truths emerge and lies continue to crumble, America will likely face some difficult economic times, will your family be safe? Will they have what they need? Lay your solid foundation now, with gold.

By: ETF Daily News Staff

Related: SPDR Gold Trust (ETF) (NYSEARCA:GLD)

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