Clip from the documentary Fiat Empire explaining inflation, monetization of debt and why gold and silver will protect your assets from inflation.
Gold is going to be very volatile on it's way up. You will see wild swings up and down as it heads to $2500. Day traders are playing with fire and get what they deserve. Buy and hold. I started buying at $380, more at $500, more at $700 and last purchase at $850. Those who have bought at $1400 are going to be just fine as it's got a long way to go. I am hoping for a pullback to below $1300 so I can buy more. It may never happen : - (here's the thing they are devaluating everybodies currencies to create a level platform for the value of Gold so they can introduce SDR's , what we have to do is force congress to discontinue the federal reserve note and let congress create money
in the beginning it can work like the Goodwill script of 1775 then slowly shift into real hard money
OFF GRID SURVIVAL BLOG
Tuesday, December 28, 2010
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