What if you could see into the future? You saw the eventual collapse of the American dollar. Would it change the way you live? Would it alter your economic future? Would you tell anybody? Makes you think doesn’t it. I don’t want you to go around and start yelling, “The dollar is falling, the dollar is falling!”. Let’s think about this for a moment.
Some very thought provoking questions. I don’t mean to scare anyone nor will you see me standing on the top of my roof crying out, “The dollar is falling… The dollar is falling!” I would however, like to give you some food for thought.
In 1971, President Richard Nixon convinced the world to replace gold and silver money with paper money. Every time that happens there is tremendous economic volatility in the markets. Going all the way back to the Romans and the Greeks, whenever governments decide to replace gold and silver with their own paper money, things start to change.
Our government and Europe are printing money like there’s no tomorrow. You know what? There may not be. The more the government keeps printing money, the faster the value of the dollar slides down. It will continue in this direction until it hits the bottom. What will happen to your savings account and your 401k then.
As the dollar falls down, gold, silver, oil, and real estate go up. Why? That’s where the value is. Taking your green valueless paper and investing in valuable commodities such as these is a very smart investment. Continuing to put your paper money in savings and 401k’s will end in disaster.
Take silver for example. There is less silver then there is gold in the world. Silver is used far more in manufacturing then gold. It’s used to make cell phones, computers, and electronics. Yet I can buy 60 ounces of silver for every one ounce of gold you buy. Silver is an incredible buy right now.
Where will the price of silver be in five, ten years from now? No one knows. Some think it could go into the thousands per ounce. But one thing we do know, gold and silver prices are continuing to rise, and the dollar is falling…the dollar is falling!
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