Collapse of the Dollar

  1. 16 March 2008 at 7:43 a.m.

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    taxslave (Anonymous) says…

    Is anyone watching? I highly suggest that those who have money in the banks get it out and put it into something more inflation proof, like gold or silver. The future of the Dollar is grim.

    Keep a close eye on your IRA's, 401K's and pensions…..they are dwindling. I'd cash them in and take the penalty.

    We are approaching the end of an era. The American Gold Eagle is worth 1,038 today. The rise in gold and silver is telling us the market is very weak and that confidence in the dollar is falling at a record pace, 1.2 percent on Friday alone.

    The Carlyle Group collapsed on Thursday and Bear Sterns on Friday. I expect JP Morgan and others are next.

  2. 19 October 2008 at 12:51 a.m.

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    taxslave (Anonymous) says…

    I posted this warning in March. It came true. It's going to get worse. Please “think” before you vote for any further tax increases. The people will not be able to afford it. Workers everywhere, including those at our coal mines, have lost a small forture in their 401s without any recovery of the funds in sight. What's sad is “they” won't let you remove YOUR money. There is a freeze on everything, including payouts.

    If you haven't removed your money you're going to lose even more. The economy is in a nosedive and so is the stock exchange. Prepare for the introduction of a “One World Bank” and fasten your seat belts.

    The DOW will continue to crash.

    A new depression is upon us all.

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