Wednesday, November 24, 2010

Death of the Dollar

Lucky them. They have a choice. Here the Federal Reserve notes are legal tender.

Maybe we could start a private money movement to create our own escape hatch from the increasingly devalued Federal Reserve notes.

Gold and silver coins, anyone?

(HT Boaz Arad, OActivist google group.)


Harold said...

Thanks for the treasury link.

"Gold and silver coins, anyone?"

I've already started.

Mike N said...

Me too. I've been buying some silver lately. Can't afford gold. Starting to stock up on non-perishable food as well.

Mike N said...

The National Inflation Association has a 7min video speculating on what the first 12 hours of a dollar collapse would look like.
I don't agree with some of the things they say about bankers as such but I think it is somewhat realistic.

Harold said...

Yes, the so-called "NIA" is operated by a guy named Jon Lebed.

More here.

Mike N said...

Thanks Harold for the link. I did not know that. I stand informed.