WHAT HOLDS ITS VALUE? GOLD !

MEAT 3$ an lb today. WITH INFLATION? 25$ a pound soon RENT $1000 a month today. WITH INFLATION? $23,000 a month soon BONDS earn 4% today. That means 20 years down the line, they LOST VALUE cuz they are not keeping pace with INFLATION. When I was a child gold was 33$ an oz.

STOCKS CAN VAPORIZE as businesses go down the drain. Lack of consumers with a buck.

YOUR SAVINGS ACCOUNT, that measley 400$ can be the price of an ONION a year away from now! So invest it in food producing land one gas tank from the city.

FACE it folks, “The Greatest Depression”  is upon us. The global financial markets are collapsing. All the pundit’s cautious predictions and business media’s hopeful expectations at the New Year for an economic turn around and imminent market bottom were dead wrong. There will be no turn around in the second quarter of 2009 or 2010 or 2011 … America and much of the world has entered “The Greatest Depression.” The global financial system, built on endless supplies of cheap money, rampant speculation, fraud, greed, and delusion is terminally ill and will not be coaxed into remission by stimulus packages nor restored to health by government buyouts and bailouts.

in 2009, the Index of Stocks in 23 developed nations fell  713.75, the lowest closing level since March 2003, and its Emerging Markets Index slid 5 percent. The Dow followed,  plunging 300 points, closing below 7,000 for the first time since 1997. Last few years the stock market has stayed aound l0,000 after a roller coaster during      2009 recession. The only certain figure that can be forecast for DOW with confidence is that the Dow won’t reach zero!  As the crisis worsens, governments will take draconian measures to prevent total economic collapse and public panic. We have cautioned the likelihood of such measures before. But the rapidity and severity of the economic unraveling now demands immediate attention.

Expect massive bank failures, runs on banks, and bank holidays. Even if deposits are FDIC insured, quick access to money is by no means assured. At minimum, have reserves on hand for emergencies. Trendpost: When the ship is sinking there are very few options: Life boats, life rafts, life preservers … and for the late to act, possibly a few pieces of floating debris to cling to.

Although gold prices now are around 1700 per ounce, we forecast that gold will be one of the few life saving investments that will continue to increase in value, reaching $2,000 per ounce and beyond.

So ladies, keep your jewelry. Men, get a treasure finder & hit the beaches where gold rings abound. My son found a gigantic one! No metal detector, either! They're there. Or PAN FOR GOLD it's not that hard! Seek rivers in Glacier ground-down granite mountains with iron ore stains. It's fun, a cheap vacation, need a tent a shotgun for bears, a camping stove, some illumination for dinner hour and a lot of gold pans. Do it on WEEKENDS, or buy  gold coins.

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