The Silver and Gold Train are Leaving the Station

Discussion in 'Current Events' started by george4title, Nov 9, 2010.

  1. george4title
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    george4title Member

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    [ame]http://www.youtube.com/watch?v=5xbmNHnP7-o[/ame]

    In simple terms hyperinflation is happening now. With the federal reserve injecting 1 trillion dollars into the economy with QE2, Gold and Silver are surging like never before. One week ago, if you told me Silver would be approaching $30 dollars I wouldn't believe you. Many people are selling silver at this time hoping to cash in on high pricing in the precious metals market.

    My question is what are they trading their silver and gold for? A fiat currency being diluted and dissolved before our very eyes. Mark my words. The devaluation of the currency has begun. Euphoria will be replaced with despair as the masses move to accumulate and hoard anything of value. Inflation will be 1000 times more devastating to the economy then deflation.
     
  2. uscitizen
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    uscitizen Senior Member

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    Inflation is pretty much the only way we are "growing" our economy".
     
  3. george4title
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    george4title Member

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    the problem is that it isn't growth, its non production...it's worse than stagnation
     
  4. Toro
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    Toro Diamond Member

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    You probably should have posted this on a day in which silver didn't have one of its worst declines on record.
     

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