Showing posts with label US dollar. Show all posts
Showing posts with label US dollar. Show all posts

Friday, May 7, 2010

The Herd Moveth Goldwards ...


For those of us who have been advocating gold and silver for some time now, one of the 'turning points' we wait for is when the general public starts to get interested in precious metals. The trouble, currently, is with the Euro. And no doubt, many Europeans are wondering if they should 'save' with Euro bucks at all anymore. Well, America is next.
I feel like I'm at the gold party, more people have just entered the hall, the music is a bit louder, and the revelers are dancing with a bit more energy. I'm still drinking my drink and enjoying the spectacle, but if it was possible to have a nice recognizable juncture where the party goes into a new phase - this is it.

America Wakes Up to Gold

Friday, October 2, 2009

Lorax2013 on the Importance of Taking Action

I posted a video by this fellow awhile back. I just thought I'd put this one up as well, as he makes the point that people who are aware of the problems with the dollar and the general direction of the US economy should not just sit and worry about it - they should take some very simple steps to control their own situation as best they can.

It's a point that ought to be emphasized. An individual has a surprising amount of control over the conditions in their life. The election of 'The One' (Barrack Obama) highlights the tendency of people to look to others, often politicians, to save them or to change the conditions they feel assailed by. Loren Howe (aka 'Lorax2013' on YouTube) explains this well in this video, where he talks about a book by a well-known Libertarian.

Taking control of your finances and mitigating (or eliminating) the influence of the banking industry on your life is one of the reasons to invest in gold and silver. This blog is not just about investing, but about financial freedom and self-governance. I think taking your fiat dollars and converting them to something (not just precious metals) that retains value is one of the most important steps you can take.

 
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