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PukePile

05/19/10 12:47 PM

#33622 RE: bikeguy #33620

Well as long as you buy a currency that's going up against the dollar it will work. And yes, gold and silver are safe places too. Historically they're the safest investments. Their value actually never changes when you take into account what an ounce of gold bought 500 years ago vs. what it buys today. That's stayed the same. The only thing that changes is the value of fiat money compared to it due to inflation and deflation.

I'm seriously considering moving away from the U.S. because when hyper inflation kicks in it's gonna get really ugly.
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SABAN

05/19/10 12:47 PM

#33623 RE: bikeguy #33620

Bikeguy you nailed it right there, you said it all. you could have millions of dollars and all you will have is millions of SH!T paper when this thing hits rock bottom and it will. When the currency in this country goes to zero try handing someone some aussie dollars trying to feed your family and see how that works out for you. Gold and silver has been purchasing power for 6000 years.