China, Russia quit dollar
By Su Qiang and Li Xiaokun (China Daily)
Updated: 2010-11-24 08:02
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.)
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5 comments:
Thanks for the treasury link.
"Gold and silver coins, anyone?"
I've already started.
Me too. I've been buying some silver lately. Can't afford gold. Starting to stock up on non-perishable food as well.
The National Inflation Association has a 7min video speculating on what the first 12 hours of a dollar collapse would look like.
http://inflation.us/videos.html
I don't agree with some of the things they say about bankers as such but I think it is somewhat realistic.
Yes, the so-called "NIA" is operated by a guy named Jon Lebed.
More here.
Thanks Harold for the link. I did not know that. I stand informed.
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