This clip discusses key differences between the gold boom of 1980 and today.  What we are seeing today is nothing like 1980.   As I have said many time the real bubble is US Dollars and US Treasuries.  What we are seeing is the Federal Reserve desperately trying to hold onto their global reserve status and going to war with anyone who will not accept dollars. 

When you look under the war propaganda surface you will see most countries we attack either stopped excepting dollars, in the process of not accepting dollars or they were in the process of trying to create a sound currency backed by gold. 

Iran for example has is not excepting dollars for oil, while excepting gold bullion or other currencies.   This act alone makes war with Iran imminent. 

The head of the snake is the Federal Reserve who is desperately trying to hold on to their power.

The REAL Silver High

Posted: February 3, 2012 in Gold, Precious Metals, Silver

Peter Schiff appeared on Fox Business January 17, 2012 arguing that U.S. debt is out of control, and the situation in the U.S. is much worse than Europe.

Peter Schiff was one of the few economists who warned us in 2008 the crisis was coming.   Of course the controlled media ignored his warning, Schiff was scoffed at as far back as 2006. It seems that his new warnings of a greater collapse are also being ignored.  Folks like I have said it’s time not to be fearful but prepare for the worse.  The US is heading towards economic collapse, there is no one in power who is doing anything to fix our problems.


This is an older clip from that I posted months ago.  I wanted to post it again for new readers.  This clip is very powerful and relevant for any silver investor.  Even if you have seen this before, check it out again.

In this clip David Morgan discusses how silver is a monetary metal.  David expects silver to move much higher however you will need to expect volatility. 

The story of silver has not changed.  This year should be a very good year on a percentage basis.  We will likely see resistance around $35.  If we break through $35 we have little resistance to $40.  I personally would not mind if we saw another short-term sell off down to around $31.50, so I can convert my dollars into more silver.  I would not recommend waiting, if it’s your time to buy this month then buy.