Wednesday, March 23, 2011

Sliver Breaks $36 again, Dollar Low, Signs of Economic Collapse


Silver price broke $36 again today. Gold price is at $1434. Signs of economic collapse and a crash of the dollar are starting to loom larger. The dollar took out its 2010 low last week and there has been no safe haven buying of the dollar even during the crisis in Japan. American law makers are starting to propose bills calling for a state gold/silver backed currency to protect their citizens in the event of a dollar crisis.

What economic warning signs do people need to see before they prepare for an economic collapse or at the least high inflation. Any prepping done now will save money and resources later. Food shortages can develope and at the least food prices will be heading higher. Many preppers are storing food now.

During Katrina hoardes of folks waited on their Government to provide for them and the Gov failed. During the coming collapse that America will be entering, it will be worse. Buy silver bullion, junk silver and other metals that can be traded later. Buy freeze dried food or can your own food. Survival.

Law Maker Proposes Silver Gold backe currency
http://www.newsobserver.com/2011/03/17/1059132/legislator-says-the-state-needs.html

Dollar Takes Out 2010 Low
http://www.dailyfx.com/forex/fundamental/article/usd_graphic_rewind/2011/03/21/USD_Graphic_Rewind.html

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