THE GOLD & SILVER FORUM
Published By AGT American Silver & Gold
ECONOMIC MELTDOWN
SPECIAL REPORT
1-800-950-9000 (24/7) LIVE
Five Reasons Why Gold Can Stampede
To $2,500 an oz. & Silver To $100 an oz.
Gold's climb above $1,000 an oz. and silver over $22 an oz. last spring was the beginning. Gold's climb will be strong and steady. With gold trading closer to $950, and Silver $13 an oz. now is the time to move into nice quality coins. Gold is only taking a breather before heading to $2,500 an oz. and Silver to $100 an oz. or higher. We are in the worst economic melt down ever. America will pay for its addiction to irresponsible and reckless spending. We are duped into a $700 Billion debt for a PorkFest Bail Out. From the fist $350 Billion, $18 Billion went to Wall Street Fat Cats in bonuses.
America lost 71,400 jobs on Monday, 11,500 on Tuesday and 15,300 on Wednesday. Americans lost over 5,000,000 jobs last year. Job loss is expected to be over 6,000,000 more this year. We are headed for a depression that is really a hyper inflationary spiral. Gold and Silver can protect your money from this financial tsunami that lies ahead. Please call us with your questions. America is headed for hard times, are you ready?
5 Reasons Why Gold & Silver Are Set To Take Off Any Day Now
1: The dollar's value is declining. Gold is a safe haven from the growing federal deficit, the sub-prime mess and the Fed's Bail Out disaster. This is Pork at its best, nobody knows where the Bail Out money went, its a disgraceful and despicable canard. Deadly greed?
2: Hyper inflation on the way. Your cost of living at the current rate of inflation should double every 5 years. We see real inflation at over 15%. Food prices have doubled in the last 3 years. Oil is on its way back up we think to over $150 a barrel again. Inflation is causing investors to loose money in "safe" investments like U.S. government bonds.
3: The Fed is out of control. The fed continues to print money at the fastest pace in history. The reckless expansion of the money supply is the root cause of inflation. With the Bail Outs we are guaranteed egregious government spending with Pork Fest USA.
4: Gold & Silver are the only true stores of value & wealth. The true price of the Bail Out Pork Fest will be over $3 Trillion. The buying power of your money is guaranteed to buy less every year. Gold & Silver is a tangible safe, secure, private, and confidential answer to a very serious problem we all face. Hard money can guarantee you protection.
5: The Budget Deficit will continue. America is in theater in 2-Wars. We have spent billions and there is no end in sight. Banks continue to fail requiring more Bail Outs. Over 1500 banks have failed in the last 2 years and 8,000,000 foreclosures lie ahead.
As one expert put it. “Gold's history...is where the market's forces are marshaled into a swift strike, then a period where the supply lines are re-established; the wounded, the equipment and morale is regenerated then gold starts moving again. Advance and consolidate, this pattern of conservative military marching is driving gold’s price to record highs and is why gold’s trend will be bullish for years to come.
Let me explain, in the United States the dollar is the only measure of value for hundreds of years. The dollar becoming suspect is almost unpatriotic. But Americans can see the writing on the wall. Americans remain aware of the inherent and seemingly unreported inflation figures as their buying power erodes. They can do little about it, but accept it. If you don’t use the dollar what do you use? Americans show they are over whelmed, as their savings levels stay at historic and globally low levels. Yes, the easy credit and a general ‘live now, pay later’ attitude has entrenched itself in American culture, but smart Investors know that the time for such attitudes is running out. With last year’s deficit reaching $720 billion and this year’s heading for $750 billion, what’s to be happy about? Gold becomes the clear answer for the smart investor.
I’ll be blunt, the news is not good with China. “…the Chinese government has informed visiting Bush Administration officials they intend to dump One TRILLION U.S. Dollars from China's Currency Reserves and convert those funds into Euros!” “China told the U.S. delegation they no longer have faith in U.S. Currency for several reasons: 1) The Federal Reserve Bank ceased publishing "M3" data in March, making it nearly impossible to know how much cash is being printed. The Chinese say it’s impossible to tell how much a Dollar is worth. 2) The U.S. Dollar has lost more than 30% of its value against other foreign currencies in the recent past, meaning China has lost almost $300 Billion simply by holding U.S. Dollars in its reserves. 3) The U.S. has no plans whatsoever to reduce deficit spending or [the] ability [to] pay down any of its existing debt without printing money to pay it off.” “For these reasons China has decided to implement an aggressive sell-off of U.S. Dollars before the rest of the world does so. China reportedly told the US delegation; "we are the largest holder of U.S. Currency and if the rest of the world unloads theirs before we unload ours, we will lose our shirts."Think about that for a minute.
But here’s the best news. WHY INVEST IN GOLD? Safe haven:…Gold has always been a secure refuge in unsettled times. Its safe haven’ attributes attract wise investors. Managing wealth:…Gold has proved itself to be an effective way to manage wealth. For at least 200 years the price of gold has kept pace with inflation. In 1999, Alan Greenspan, then Chairman of the Federal Reserve Board said: "Gold still represents the ultimate form of payment in the world.” Maintaining long term value:… Long term, gold has demonstrated during inflationary and deflationary times that it has always kept its purchasing power. Gold during times of financial, economic and social turmoil has always been a safe refuge when the value of other assets was destroyed. Do you see the value of investing in gold? The only thing worse than failure is regret!

New Fed Chairman professor Ben Bernanke, quoted in a speech at the National Economists Club in November 2002... “Like gold, U.S. dollars have value only to the extent that they are strictly limited in supply. But the U.S. government has a printing press that allows it to produce as many U.S. dollars as it wishes at essentially no cost... We conclude that, under a paper-money system, a determined government can always generate higher spending and hence positive inflation”. Convinced now that gold is the only answer?
This graph makes the case for gold plain and simple, can you now see the value in gold?
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