Every morning in Africa, a Gazelle wakes up knowing it must outrun the fastest lion, or
it will be killed and eaten. Every morning a lion wakes up knowing it must outrun the
slowest Gazelle, or it will starve to death. It does not matter if you are a lion or a
Gazelle…when the sun comes up each morning, you’d better be running. African Proverb
We see the lions as issuers of fiat, Gazelles as owners of gold, and if you are uncertain as to
which you are, the issuers of fiat will financially eat you alive. Cyprus was an overt wake
up call. Many people in the U S think it will not happen to them. It already has. Each
morning, when the sun comes up, you must decide if you want fiat or specie. One will
slow down your ability to “run,” the other will give you the ability to “outrun.”…
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