Tuesday, February 8, 2011

James Turk on Goldseek Radio 04 Feb 2011

James Turk on Goldseek Radio 04 Feb 2011

Silver Breaks $30 No Economic Recovery Prepare for Economic Collapse Buy Silver!

Silver price broke $30 as I write this. The economic news is not improving, Americans need to prepare for economic collapse. Start storing commodities, Silver Bullion, Copper Bullion, food, tools etc. Study other economic collapses to see what became important and useful afterward. This will keep you from storing up things that are not needed. Dollar collapse will create shortages as imorters will no longer accept dollars. What would you do if the economy collapsed today?

JP Morgan announces that they will accept gold for collateral. They giving the indication that corporations will accept gold as money. Housing market nation wide is still in a crash and diving deeper.

Bet on Commodity Currencies

Feb. 8 2011 |Simon Bond, private client advisor at RBS Morgans, says commodity currencies will be in favor this year. He shares his outlook for the Australian and Canadian dollar, with CNBC's Chloe Cho and Rebecca Meehan.

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