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    Precious Metals: The Calculated Gamble

    by John Michael Greer

    Wednesday, March 27, 2013, 5:40 PM

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Executive Summary

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If you have not yet read Part I: Precious Metals: The Unseen Risks, available free to all readers, please click here to read it first.

As I discussed in last month’s subscribers-only article, “Face First into the Limits to Growth,” the crisis faced by the global economy in the years immediately ahead of us is not primarily economic in nature. The explosive economic growth that reshaped the world over the last three centuries or so was made possible by the discovery of a few simple gateway technologies that gave humanity access to vast amounts of cheap, highly concentrated energy in the form of fossil fuels.

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