What if you new that the collapse of the American dollar was inevitable? Would it alter the kind of life that you live today? Would your view of your economic future be affected, and what would you change in your life, if you would change anything at all?
It's 1971, and President Nixon has just convinced the world to drop the gold and silver standard and just print paper money. Something always happens when governments do that. You can go all the way back to the Romans and the Greeks. Whenever some Caesar decided to get rid of the gold and silver money and make his own the economy would have mad swings up and down.
Well known men, like Robert Kiyosaki and Peter Shiff say you can predict the future. You don't need some magical window either. Just look at what's in front of you. Open your eyes. Don't stick your head in the sand.
Our government and Europe are printing money like there's no tomorrow. You know what? There may not be. The more the government keeps printing money, the faster the value of the dollar slides down. It will continue in this direction until it hits the bottom. What will happen to your savings account and your 401k then.
That is why gold, silver, oil, real estate continues and will continue to go up in value because the cash that we print is trash. Exchanging your green paper money for commodities such as these is a very smart investment right now. If you continue to work and save all your money, putting it into a bank or 401k, you will lose in the long run.
Take a look at silver. There is less silver in the world then there is gold. People have a tendency to buy and horde gold. Yet silver is used in manufacturing cell phones, computers, and electronics. As silver is being used more it's quantity is shrinking. I can buy 60 ounces of silver for every ounce of gold. Silver is a great investment right now.
Now where will the price of silver be in the next few years? No one can say. Some think that it could very well hit 3 to $4000 an ounce. But one thing we do know is gold and silver prices are going up and the dollar is falling...the dollar is falling! - 31899
It's 1971, and President Nixon has just convinced the world to drop the gold and silver standard and just print paper money. Something always happens when governments do that. You can go all the way back to the Romans and the Greeks. Whenever some Caesar decided to get rid of the gold and silver money and make his own the economy would have mad swings up and down.
Well known men, like Robert Kiyosaki and Peter Shiff say you can predict the future. You don't need some magical window either. Just look at what's in front of you. Open your eyes. Don't stick your head in the sand.
Our government and Europe are printing money like there's no tomorrow. You know what? There may not be. The more the government keeps printing money, the faster the value of the dollar slides down. It will continue in this direction until it hits the bottom. What will happen to your savings account and your 401k then.
That is why gold, silver, oil, real estate continues and will continue to go up in value because the cash that we print is trash. Exchanging your green paper money for commodities such as these is a very smart investment right now. If you continue to work and save all your money, putting it into a bank or 401k, you will lose in the long run.
Take a look at silver. There is less silver in the world then there is gold. People have a tendency to buy and horde gold. Yet silver is used in manufacturing cell phones, computers, and electronics. As silver is being used more it's quantity is shrinking. I can buy 60 ounces of silver for every ounce of gold. Silver is a great investment right now.
Now where will the price of silver be in the next few years? No one can say. Some think that it could very well hit 3 to $4000 an ounce. But one thing we do know is gold and silver prices are going up and the dollar is falling...the dollar is falling! - 31899
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