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Yes,
the world is changing all right.
Our
world and personal way of life is changing. Our standard of living is taking a
steeper and steeper dive south by the hour. Problem is the change began a long
time ago. That change being the
gradual destruction of the United States. And now as momentum has built that
destruction will only grow and grow.
Stop
looking for bottoms and bargains.
Pay what it costs to accumulate while the opportunities are
there. Silver is the new gold,
buy silver now regardless of price.
90% silver quarters and dimes are a good buy.
Below
is an email from PS.
David,
All I can say is "BRAVO".
“I believe you are right on the mark and what you say seems to
line up with many other commodity "experts" around the
world.” Thanks,
PS.
PS
Geologist
Underground
Exploration
Ontario
Operations
We
think the US debt is our major problem.
But now we are looking at rebellion not just all around the world, but
also, here in the United States.
People really do not know what is happening. There is a real threat that the ruling
powers in the Middle East are rotating out. And how high will the price of oil
climb as new rulers that are not friendly to the US take over Saudi Arabia
and other giant oil producers in the Middle East.
It’s
good to remember that the west created the country of Saudi Arabia. The ruling tribe was the House of
Saud. An entire country being
named after one family. Saudi Arabia is bordered by Iraq and Jordan on the
north and northeast is Qatar and Kuwait and on over is the United Arab
Emirates on the east. And down
southeast is Oman. And Yemen on
the south. It is also connected to Bahrain by the King Fahd Causeway; also
the Persian Gulf is just to the northeast. And don’t forget the Red
Sea close by.
Below
is an email from RR.
Hi David,
Just
read your article via Kitco website about buying
silver coins. “Thanks for
the great advice to the "Sheeple" out
there... “…and I have purposely concentrated on the small
ones...about 1.4 grams each...and believe me...when the x&?* hits the
fan, these gems will each! Buy my daily groceries...” “Metals hold there
value…” (Silver)…” [Is] a proper store of
wealth?”
RR
The
Kingdom of Saudi Arabia was founded by a Mr. Saud in 1932. Saudi Arabia since 1932 has been
a friendly ally to the United States. I wonder. You think it has been all the serious
military hardware Saudi Arabia has received the past many decades from the
US? Naw. That wood
never influence anyone to take sides just because of the money and military
hardware they are receiving. I
believe that was the politically correct thing to say. Was it
Glen?
Gee. Aren’t these countries where we
get the bulk of our oil?
Let’s see. On
Monday, 2-28-2011, the US president OKed the permit
for the first oil rig in over a year to be built on US soil. 1 oil rig. That was so nice and a grand move
forward since the United States has no telling how many billions of gallons
of oil waiting to be tapped within its 50 states..
Notice
anyone talking about how national security might be in danger if our Middle
East oil is cut off or reduced?
No. That might also bring
attention to the fact that the US has untapped billions of barrels of oil
scattered around. And over 50,000
jobs would have to be created to begin pumping.
Now
what do the “sheeple” do at about this
time? Find that pillow and bury
their head under it. That sounds
better than using the time worn Camel head sticking its head in the sand. Well, there is always the sand on our
coasts. And included in the price
are the waves of the sea gently breaking on the shore. Problem is few people can even afford
these condos even thought their prices have tumbled to a mere few pennies of
the cost it took to build them.
Well. What for the next few years? Anybody want to guess where
we’ll be? Well. I’m
not a prophet and I definitely don’t want to get stoned by the
zealots. But I do believe it was
meant to know the times and seasons as the birth pangs turn into a full-fledged
painful hysterectomy. And
remember; don’t forget a day will come, when the nukes start launching
to every destination on the globe.
Well,
I’ll make one statement that is inevitable. We will see inflation return with a
vengeance. What causes inflation? Any idiot knows it’s too much
money worth nothing entering the economy chasing too few goods. We
might even see the gold price become equal to the Dow. It’s happened before in the
past. The US dollar is still
hanging in there…by a thread.
Dear
David,
Very
good points of information, thank you for your cogent thoughts.
FP
But
as I’ve said before. There
will always be 20% of the population that holds on and actually
prospers. Why? Because the successful will be the
wise virgins who kept their lamps full. And they possibly had zero debt to
boot! Silver continues to be the
best buy simply because historically it should be much higher in its ratio to
gold. I think we see now silver
trying hard to catch up with the price of gold. Silver supply is very much
unequal to demand.
Taxes
are rising; the middle class wages are not keeping pace with inflation. Actually, wages are sadly
descending. Close to 700,000 jobs
are disappearing in this country every 30 days. I just filled a gas tank with an 11.5
gallon tank with regular and amazing!
Total cost of gasoline was over 37 bucks. There’s no inflation? Sure, these prices are simply the
middle classes imagination.
Below
is a great insight from Anonymous.
This fellow has been studying and has a good grasp of fundamentals.
David,
Our
economy and economic system is hanging on life support. Trillions of dollars
of new U.S. debt must be sold to keep up the daily payment requirement of the
welfare state. Now we're beginning to see less and less demand and desire for
US Treasury bills. “The
trillions now invested in private 401(k) and individual retirement accounts
(IRA) could well be the last source for our government to provide a source of
financing when US Treasury sales provide a last source of funds to make up
for sagging U.S.” Treasury sales.
Now if these acts do not bring down significantly our standard of
living then I don’t know what will. Anonymous
Let’s look at quarters,
dimes, and half dollars.
Prior
to 1964, U.S. quarters and dimes and half dollar Kennedys were 90% silver.
And after the year 1965 quarters and dimes and half dollars have no silver in
them at all. But the coins minted before 1964 have 90% of silver in each
coin. Minted coins are now entirely copper and nickel.
In
other words these coins minted past 1965 have absolutely no value. Start accumulating “junk
silver”. Those coins minted
before 1964. Best way to buy silver.
You can keep it buried next to the apple tree.
David Vaughn
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