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which is scarce and rising in value strongly due to decades of manipulation by the now technically bankrupt, insolvent Wall Street shyster banks. They have spent so much time trying to make gold and silver not rise, that now "catching up" to true value will involve a parabolic moonshot overshoot to prices multiples of these levels.
Anyone who understands WHAT MONEY REALLY IS should be bullish gold and silver. US dollars (and ALL fiat currencies for that matter) are nothing more than worthless pieces of paper backed by NOTHING. They are NOT payment. They are DEBT. US dollars represent 100s of TRILLIONs in LIABILITIES. Broken promises that will NOT be met and will be defaulted on (maybe not outright, but definitely by inflation). All the naysayers who say "inflation is not a problem for many years" cannot see past their own nose. All paper currencies are sinking like QUICKSAND vs REAL TANGIBLE ASSETS. The experiment since 1971 (Nixon shut the gold window) HAS FAILED. All currencies are CRAP and float against themselves. Turds floating in a sea of diarrea. Thats a gross analogy, but not as repugnant as the unConstitutional private untouchable for-profit "Federal" Reserve Corporation stealing all the GOLD and SILVER that once belonged to the people and replacing it with toliet paper scrips of paper that rabidly lose purchasing power every year you are alive! US dollar has lost about 98% of its purchasing power since 1913 (Fed). TAXATION is another thing you can blame on the "Federal" Reserve. These scumbags print pieces of paper out of thin air all day long and then "loan" it to America - HENCE THE GARGANTUAN NATIONAL DEBT. Then they have the GALL to charge us interest (think the taxes you must pay) for the privilege of being loaned intrinsically worthless pieces of scrip. Quite a RACKET! This has also enabled the CANCEROUS GOVT to grow to a size and magnitude that chokes off free enterprise and imposes TYRANNY over LIBERTY. Our out-of-control govt needs to be taken to the veterinarian and be euthanized for the sake of our citizenry. If more people understood these things, our country would be on the road to recovery, and not being taken over by a bunch of Wall Street thugs amd DC ripoff artists! It might also help you understand that PRECIOUS METALS are the BEST asset class in the past decade. Owning physical bullion is the most essential wealth preservation precaution anyone can take in an uncertain and evil world where govts and banksters are evil tyrants who would sell their mothers to save their own ass. SHUN fake derivative gold and silver like GLD and SLV - they are RUN BY THE SAME CROOKS that caused the meltdown! Counterparty risk (and possibel govt confiscation risk GALORE!)!!! Buying bullion is not that hard. Many reputable online dealers who deliver very fast and safe. I like apmex.com but there are plenty of others. Stop wasting your time consuming media propaganda and lies on TV. Research: goldseek.com 321gold.com JSmineset.com BTW, when the media speaks about gold (very little mostly!) all they talk about is gold. SILVER is believed to be even more undervalued than gold by most experts. Google the archives of Ted Butler, he has been a prolific silver writer for years, he makes the case well. He has been spending the last few months writing dull stuff about the COMEX and prodding the regulators. I don't think that is relevant. The day will come when COMEX PLAYS NO PART IN DERTERMINING THE PRICE OF AN OUNCE OF ANYTHING. They are soon to be extinct dinosaurs, like Lehman, Bear, AIG, etc. This is all just my opinion, STRONGLY HELD and WELL INFORMED OPINION. Do your own Due Diligence. I am not your financial advisor LOL Rating :
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Wet Seal should store its cash in SILVER BULLION
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slvrizgold | Not rated | 4-Sep-09 01:59 pm | ||
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Absolutely TRUE I am buying all the silver and sil...
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schildjeff | Rate it | 5-Sep-09 05:11 pm | ||
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Silver is almost $17/oz this morning before t...
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slvrizgold | Rate it | 8-Sep-09 05:10 am | ||
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Wow, nice action in precious metals this month! P...
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slvrizgold | Rate it | 11-Sep-09 04:42 pm | ||
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So what your posting is the "M1" "M2" & "M3" money...
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drofmicroca... | Rate it | 18-Sep-09 10:40 pm |
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