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@ silvercc
"The "Federal Reserve Note" does not belong to us, it's printed out of thin air by the Federal Reserve. Since 1913 when the Federal Reserve took control, the dollar has lost 97% of it's buying power, which is not Federal, but 12 private banks, 7 of which are foreign owned."
This is the part most ...more
There seem to be an article about gold at least once per week. Some say that gold is undervalued and some say that it's still cheap. The fact is gold has been going up for 10 straight years and to reach it's 1980 inflation adjusted high -the price will have to hit around $2,400. For those who say that gold is in a bub...more
@Forwill
Good insight, I agree with your viewpoint. I wish I have purchased silver years ago at $10 or less but just couldn't find a dealer I could feel comfortable with until last year. In 2010 silver prices were around $17 when I started buying now it in the low $40's with more room to go. I didn't sell at the...more
With " helicopter Ben Bernanke" droppin billions of dollar$ into the financial markets and our deficit crisis the U$D { United States Dollar ) which is backed by nothing except empty promise- it's just a matter a time before the value of the USD becomes worthless.
It's time to go back to silver and gold as hard ...more
@ Canuck 88
I agree with your assessment. The fundamentals for gold and silver remains strong. CBE raised the margin requirements for future silver contracts. This action shove out the speculators and now represent a buy for silver before it's take off in late summer.
@ Freethinker...I agree - the USD is in serious trouble. The USD may well lose it's status as the world's reserve currency. If that happens then the dollars in our pockets would be worth less. Then we going to be left with the option of using silver and gold as our main currency again. Most americans don't know or real...more
Perception is not reality. This article is a summary of the "Two Income Trap" written by Elizabeth Warren....you may have heard of her...she was just recently appointed to President Obama cabinet.
With my life's experience I related to the book very well. My father took care of 6 children my mother and himself o...more
Ben was appointed in February of 2006, We didn't have a President Obama then... Thank you... people seems to forget that this mess started with Bush's presidency and his buddies ..ie Bernanke, Paulson, Cheney and company.
6/8/2010
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