Author Topic: The Vanishing Dollar  (Read 1052 times)

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gypsy639

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The Vanishing Dollar
« on: May 12, 2011, 02:22:00 PM »
I have a question for you.

How many people do you know that have a checking or savings account?

Almost everyone right?
Maximum interest paid by banks +/- 2%
Official US Government retail inflation rate 2.6%
Unofficial retail rate after adding food and fuel costs +/- 10%
Official wholesale inflation rates 40 – 96% soon coming to your retail store.
Officially, bank deposits are shrinking
Unofficially, bank deposits are disappearing

Stocks still have to increase by over 20% just to equal pre crash values.

Where is a safe place for some of your nestegg?
From 2000 – 2011, gold value + 32%

Why buy gold?
For 6,000 years, gold has been/is considered money.
Gold is financial security for you and your family!

Past performance is no guarantee of future results
BUT, a 6,000 year positive history is enough for me.

Central banks worldwide are largest buyer of gold
University of Texas Endowment Fund purchased 1 Billion US dollars of gold.

Updated official sector gold reserve stats show no Central Bank sales - only purchases

Additional information at http://vur.me/wallyp/ym

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