Worldwide Ponzi Collapse - Hyperinflation Watch is a continuation of my original blog (same name) strats4ever.wordpress.com concerning the worldwide ponzi (pyramid) that is about to collapse leaving most of us with a pocket full of toilet paper (fomerly know as “money”).
Gold is the currency of kings, silver is the currency of gentlemen, barter is the currency of peasants, debt is the currency of slaves.
Friday, September 16, 2011
Silver breaks $38 an ounce – New 31 year high – again
Silver set a new 31 year high again today smashing $38 an ounce ($38.06). Silver maples purchased for $32 eleven weeks ago are currently selling for over $42. Needless to say, this means the cash and any other paper asset you have has depreciated by a corresponding amount.
Buy silver – don’t wait. It (waiting) is going to get real expensive.