Tuesday, June 2, 2009

The Demise of the Dollar

Here is a video EVERYONE who cares about the future of their money SHOULD watch. It is a short 7 min video by Glenn Beck that informs us what happened back in mid March. I didn't even realize what had happened either. History was made that day on March 19th, 2009 in America. This is a must watch video. Information is the key. After watching this and seeing what is happening in the weakened dollar lately...it is maybe time to consider buying gold before it goes through the roof. Just a thought. Also, stock up on goods now while they are still cheap!



Anonymous said...

Scary stuff. Thanks for posting that. I'm sure what to do now. Buy gold or....??

Jeremiah said...

Yeah anonymous,

It is recommended to buy some gold if you are able. they sell it in sizes less than an ounce...if you dont have about a $1000 lying around. They have 1/10th ounce, 1/4th or 1/2 oz. (or $100, $250 or $500ish...depending on the current spot value of gold which is nearing $1000.

Gold never loses its value, since the creation of time..gold has always been worth something. Silver as well. Today...your dollars are just depreciating as inflation (defined as the increase in the supply of money) keeps going up. The govt controls the monopoly in couterfeiting money!