Posted by Larry NEIL on March 31, 2014 at 04:35:11 from (108.66.55.198):
In Reply to: OT--GOLD Investment? posted by Jiles on March 30, 2014 at 22:01:28:
Well, I completely disagree with the other comments so far. If you take a hard look at what the FED had been doing (printing money by thetrillions with absolutely no backing You can see why the dollars days are numbered. July 1st a little known bill passed by the legislature (HR2847) goes into effect. The taxing of 30% of all foreign trading byh US corporations. There is good reason to believe that this will trigger the downfall of the US dollar, as the world currency. I do agree that silver may be a better investment du to the fact that the ratio with gold is historically low right now...like about 40:1. where as it is historically 16% of the price of gold.
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