Saturday, September 20, 2008

Would you own this stock?

Would you invest in a company that loses over $400 billion dollars a year? That is exactly what you are doing when you own U.S. dollars. The dollar is the "common stock" of the good old U.S.A. (read this article)

With those types of losses adding up year after year, and growing with each and every new bailout, it's only a matter of time before the federal government goes belly up or they "print" their way out of debt by devaluing the currency. Either way, that is bad news for those who hold their wealth in dollars and good news for those who own precious metals.

Are you protected?

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Buy Gold & Silver

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