Wednesday, December 8, 2010

Silver Dollar Survey

David Morgan takes a survey using some silver coins and some not so silver coins.

The US Constitution says that ONLY gold and silver can be used as money and ONLY the treasury will issue money.

We went off the gold standard so that we could print more money than could be backed by the limited gold on reserve. You need lots of money to fight wars.


thats the big screw up, moving the so called federal reserve into private hands and getting off gold/silver standards...

and the income tax was really expanded during war time and has stuck with us ever since, since WWII more especially...

war has benefited USA by our cheap purchase of the Louisiana territory due to napoleons wars, otherwise France would have a powerful hold on much of america today!, boy would that have sucked!Currency is whatever material or otherwise that people are willing to use for trading goods and services. The problem with paper is it's to easy to just print more and have hyper inflation. Gold and silver are still rare yet also common enough for everyone to use and that is why they are considered worth something. The debate as to whether paper, silver or gold is a better currency is not complete without looking at the bigger picture of the economic systems in place around the world

WWII helped our economy, without our country getting crushed

How To Buy Silver & Gold - Mike Maloney Bonus Feature

Best advice from the video "its better to have silver and gold than not have it"
Just buy what silver and gold you can! Protect whatever wealth you have. I think personally the less wealth you have the more important it is to protect it.
The most common questions after learning about gold and silver are "How?" and "What form of Bullion should I buy?" This guy has really woke me up to what real money is, from watching his videos and doing my own research I now have an understanding of how the monetary system works ... I support JPM group action!I support this!BUT as long as it is legal to go "naked short" on commodities (unlike stocks where you must find the stock to borrow before you can short sell, can't JP Morgan, GS, BofA and others just continue to "sell" (short) silver that doesn't exist? I've hrd just JPM has has as much as1.5 billion ounces sold short. More than all physical silver in the world! Much like if we tried to buy ALL US dollars.They'd print to infinity!When gold and silver regains a high profile so that every corner store and gas station is excepting PMs as payment, business owners and managers are going to get up to speed on what junk silver is. Are we empty the ocean? Comments? JP Morgan will no longer exist because we the people buy gold and silver. JP Morgan is shorting silver, is NAKED shorting silver.Mike, you break it down in the simplest terms for anyone to feel comfortable just getting into precious metals. You're a valuable resource. Thanks for all the extra work you do.

Silver Hits $30! Crash JP Morgan: Buy Silver update With Max Keiser

Max Keiser talks about his buy silver campaign. Hopes JPM keeps suppressing the price of silver so I can accumulate more in the mean time. JPM liquidation crashing prices, SALE SALE SALE BUY BUY BUY SILVER!!! Silver prices went down to about $28/oz which is a sale. Silver doesn't grow on trees like paper for money. In less than 25 years all the silver mines will be dried up and only biproduct silver from base metal mining will be left. Silver is a golden opportunity for the intelligent poor to get rich. Silver is money. The people you are buying it from charge a fee because they had to buy it and need to make some money from it. Think about the things you buy everyday and how much you spend. So if you pay $3.00 over spot on silver what is the problem if silver goes up you made a profit if it goes down hold onto it until it goes back up. The secret is to invest an amount that won't hurt you financially. If silver goes up to what is projected it is a big win.
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