Clip from the documentary Fiat Empire explaining inflation, monetization of debt and why gold and silver will protect your assets from inflation.
Gold is going to be very volatile on it's way up. You will see wild swings up and down as it heads to $2500. Day traders are playing with fire and get what they deserve. Buy and hold. I started buying at $380, more at $500, more at $700 and last purchase at $850. Those who have bought at $1400 are going to be just fine as it's got a long way to go. I am hoping for a pullback to below $1300 so I can buy more. It may never happen : - (here's the thing they are devaluating everybodies currencies to create a level platform for the value of Gold so they can introduce SDR's , what we have to do is force congress to discontinue the federal reserve note and let congress create money
in the beginning it can work like the Goodwill script of 1775 then slowly shift into real hard money
Silver to become a rare earth metal , it is Extremely undervalued. Silver to become extinct by year 2020 according to geologists only 300 millions ounces left! Silver is consumable industry metal it is used up : 95% gold ever found is still around 75% of silver is a by-product of mining other metal only 25% is primary product of mining,In 1480 the price of one ounce of Silver was equal to one ounce of Gold, Low supply, high demand Price to skyrocket get your silver and stay long!
Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!
Tuesday, December 28, 2010
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GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!
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