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on Tuesday, 03 January 2012
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World Economic Health

Economic Armageddon Inevitable? Gold and Silver a better bet?

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As I watch everyone scrambling for Gold and silver it seems (305$-1900$ in ten years), I realize that what is happening in UK and US will eventually come to a head.There's a reason why David Cameron refused the E.U., he wanted to protect his cronies. So be prepared for economic chaos, when it all comes to a head. Re-hypothication, derivatives, credit swaps etc. lobbied by banks, have made investing in stocks for the little guy impossible. Take a look a the latest scam to hit investors by major banks and Brokerage firms.

10 year gold index

IMF Global whom was over leveraged by a rate of 42-1, for every dollar in capital they had 42 dollars in debt. Think that's bad! The UK is now leveraged at 1-1000. Not only did IMF Global use investor money in aggregated accounts to pay off creditors (illegal), but they allowed their creditor JP Morgan (see their history) to cease all segregated accounts. The tables are stacked against the small investor in favor of the 7 major banks and Investment Companies such as JP Morgan, Goldman Sachs and friends.

So because of this gross inequality in the market.We cannot at this time recommend any kind of stock trading, except for maybe futures! Your portfolio should consist of 90% Gold and Silver. Be wary, some brokerage firms are not offering receipts for the physical Gold or Silver. Always get a receipt for you Metals!

More Links to Resources

Click here for more on Silver

Click here for more on Gold


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