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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: Jamey who wrote (2637)10/8/2006 4:19:08 PM
From: SargeK  Read Replies (2) | Respond to of 50208
 
Survivor’s Insurance

To those who monitor message boards, but rarely post:

If you don’t already have American Gold and Silver Eagles, begin accumulating at current prices. They are the ONLY legal US currency that has a historic store of value.

In 1970, one ounce of gold could be purchased for $38.00. To maintain insurance against losses in purchasing power of a depreciating dollar, the current price need be $198. It is currently more than double that price.
minneapolisfed.org

The enormous, unsustainable, unredeemable US debt is increasing and the dollar will continue to depreciate, probably at accelerated rates in the near future. I can think of no better insurance than REAL US money to counter the outcome. The coins are attractive, portable, easy to store, easy to buy and sell, and a pleasure to own.

Wealth preservation is the name of the game. Leave speculation to the experts, pros and spin artists. You’ll be glad you did. A time proven liquid asset that one retains absolute control over is better than a sleeping aid. FWIW

Good luck,

SargeK