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Gold And Silver In The Economy
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If you did not watch the news you’d still be inundated with news about gold, silver, and precious metals as it relates to the government. I turned blue in the face talking to a group of guys and gals who acted like they knew or cared nothing of it. And this was a so-called religious group of folks. If anyone’s eyes should be pilled on gold and silver in the economy; it should be church folks.

The reason is enormous; your paper dollar is sinking in value and people are sitting around thinking about Dancing with the Stars… I’m guilty to a certain degree but let us talk the implications of the matter.

Why so much talk of Gold? Notice commercials and stores popping up every minute starting back in 2008 asking you to bring any gold you had in exchange for paper dollars? They were all over looking as crazy as the guy with the question marks all over his suit trying to have you get free money by buying his hard researched book. Why were and are these men willing to buy your gold for money? It’s because the inflated dollar has driven them there.

They understand that as of November 5th 2010, it took $1,325 to buy one ounce of gold. They can break a deal with any ignorant person in the street who brings in let’s say one ounce of gold they want to get rid of because they fell on hard times; and this cash for gold guy will give them $180 bucks of paper that means nothing and would have made a nice 900% return on the transaction. Many people do not have a clue that this was done to them.

What about Silver? Silver has the same story as gold but not to the same degree; you see silver was only at $132 per ounce on November 5th 2010. This actually means that you are better off holding nickels and quarters than the actual paper dollar. Try telling a big spending rapper that.

What’s up with the economy is that super inflation, dollar collapse, over spending, and bailouts how finally caught up to us and the precious metals and other real commodities are the real money. This is a good time to own gold and silver, and real estate because inflation may rear its’ ugly head and turn your $100,000 savings account to $1,000 of real money overnight.

Koko Ishe


Street Talk

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