The
fact of the matter is the only solid investment these days is silver and gold. Why do you think gold and silver prices are soaring? Silver was @ $12 a troy ounce 2 years ago. Today it's over $40!!! The fact of the matter is pinball machines aren't going to feed your families if the economy implodes and we are WELL on our way to that happening. Precious metals are going to be the ONLY thing that will be of any use as a currency. Gold is too valuable which makes silver a prime candidate for currency. Did we not learn anything from the great depression?
FACT: The dollars value in 1913 (when the Federal Reserve was started) was 98%. Today it's worth less than 4%.
The problem we face as a nation today that we didn't in the great depression is we have hit the ceiling for borrowing money. WE have come to the point we can't afford to pay the interest on our loans. Many countries are looking to get away from using our currency as the backup currency. Most people also don't know that we are the only country that can print more of it's own currency and not answer to anyone for it. Hell even China warned the U.S. a couple years ago to knock this shit off. And guess who owns the vast majority of U.S. debt .... yep get ready to fly the Chinese flag.
The Federal Reserve is supposed to guarantee the dollar bill by the amount of gold/silver it has on hand. That is also a farce now. They print more money than what they can truly back by the precious metals they have on hand.
And has everyone forgot that back in 2009 approximately 9 TRILLION dollars just magically disappeared and NO ONE has been held accountable for it?
The FEDERAL RESERVE isn't even owned by the Federal Government and doesn't have to answer or comply to anyone. Bernandke has even stated on national TV they do not have to answer to anyone and they can do as they please. Do yourselves a favor and watch this interesting 5 minute clip:
http://www.youtube.com/watch?v=PXlxBeAvsB8&feature=player_embedded
A shit storm is on the horizon folks - and there's nothing any of us can do about it other than prepare for the people we love.