Protect Your HARD EARNED Money - Buy SILVER!

My last blog post was discussing the Death of the Dollar. Now, I want to give you my own personal view on how to protect yourself from the coming collapse of the US economy.

Those who do NOT do their research will be the causalities of the coming slaughter that will divide and conquer the Rich, Middle-class, Poor, and the stubborn of heart!

Just last week we (those who paid attention to the news) witnessed one of the greatest signs of the fracture and cracks of our financial system here in the US. Bear Stearns being purchased by JP Morgan for $2 a share....WHAT! That's right $2 a share. Almost a year ago Bear Stearns was reported selling per share around $170. How could this be? How does this happen? Well, although I am not an expert economist, I have come to some conclusions why these things have occurred.

Here are some reasons for buying Silver instead of Gold!

1. 1971, President Nixon took the US off the Gold standard.
2. 1980, Gold and Silver hit an all-time high.
3. Mismanagement of the Federal Reserve - Fed rate cuts and the unconstrained printing of the US Dollar.
4. The heavily leveraged financial markets using derivatives (see this article of what could possibly happen: http://news.goldseek.com/GoldSeek/1206030368.php).
5. There are less than 1 billion ounces of Silver above ground to Gold's 5 billion ounces.
6. Silver is an industrial commodity more so now than considered as real money such as Gold.
7. Silver is more affordable than Gold where the highs currently are $1000 and Silver $21.
8. Within 5 to 10 years Silver will be well over $200 an ounce where some experts think it may reach $3000 to $4000 an ounce....Why? Silver is more rare than Gold.

Here are some resources to review aside from the link on my title from Rich Dad, Poor Dad, author Robert Kiyosaki (video).

1. How to Buy Silver: http://www.silveranalysis.com/

2. Silver Shortage: 19 Dearlers Sold out: http://www.silverstockreport.com/2008/crunch.html

3. Ted Butler's Archives Weekly Commentary: http://www.investmentrarities.com/tb-archives.html

Just as there was a frenzy in the Real Estate market between 2004 to 2005; there will come a time that the silver market will EXPLODE and it will become a bubble such as the Real Estate market where people will jump in because of greed and the possibilities of making huge profits.

When silver begins its upward trajection to $100 an ounce...people will begin to raise an eyebrow and begin to consider this mental seriously. If there is a panic in the industrial sector, silver will begin to reach huge spikes that will have those skeptics blind sighted.

Just like medical insurance or life insurance is a protection to catastrophic events; likewise, silver should be one of the things an investor should consider. For the skeptic, I you urge to purchase at least 100 ounces of Silver Eagles equivalent to about $2000.00. Hold on to this amount so you can see this grow much faster than if you had this money in the bank at less than 2% (percent) APR on a Certificate of Deposits (CDs).

The Economy and the Fed Decison Today

I have been reading about the economy how it works, how the Federal Reserve attempts to affect it in the best way for the good of the people (or for the good of its interests?). It was for the people, I think the economy would be better for the lower middle-class and poor. But, I have become a skeptic in recent years as I begin to do my research.

As I write this the Fed Chairman, Ben Bernanke with those who have power on monetary policy will make a decision. As I view this all, it is a BIG game. I almost think of this whole economy as the story of the king who walked around naked and whereas the people acted as though the king had some fantastic new clothing - everyone (the king's subjects) thought it was grand, splendid, and spectacular. However, there was one young child who flat out said, "The king is naked!" Ho hum, as people contemplated what the child's expressed, they realized that the blinders were slowly being lifted, and they recognized that the king was really naked and the clothing the people thought was grand, was not really there; they could see with their eyes that the king was truly naked as the child mentioned.

There will be a time that the masses will no longer be fooled! There will be a time, in the not too distance future, that people will realize that the great fall of the US dollar is imminent! Will America, as we know it, be the same, never again after such a tragic encounter. America, the people, the good people are resilientl; and I am confident in the people NOT the government because they, along with the circumstances that have prevailed has place good, honest men/women in a position to make it appear that the king has clothing that is grand, spectacular, and exquisite.

I believe that Feds will do what they need to do today (Weds., Oct. 31st). It may be an irony when they (the Feds) make their decision on Halloween - hmm?

Anyhow, the economy in America is sick, very sick; although many of us in the US act the same when we get a cold. We do not rest, or take the necessary measures to recover. We have, not only a cold, but a walking pneumonia, that will either bring us down hard and fast, or slowly bring us to a deep crisis that we MUST AWAKE and do the right thing! WE must prepare those of us who know this, and let the others drown as if Noah was entering the Ark, and the flood is coming - all the warning will do not good because the mentality is - all is well!

This is all written in one sitting, so if it make sense, then I am glad. If it doesn't then I will come back an edit it after I review it later. But, I want to post this now because as many experts behind the scene has been talking, these voices are only an echo behind the noise when it comes to the Austrian school of thought in Economics. The interpretation and sophistication of our US Government has allowed the jargon to be so convoluted, that as an educator, how can the masses whose reading ability is between a 4 to 7 grade level, understand what is going on in the economy.

May God bless us who are prepared, and may God have mercy on those who are not, and may God be just to those who are manipulating and outright dishonestly stripping the wealth of the American People.

On a final note, in our US dollar, it states, "In God We Trust" - I can actually and wholeheartedly agree with this statement when we refer to the good, honest, and down-to-earth people of America, who believe in the God of Israel, Jehovah of the Old Testament, Jesus Christ of the New Testament; but when we refer this to those who mock our creator and the multitude of blessings that he has pour out upon the United States of America, by devaluing the currency and the mismanagement and corruption of the wealth of the hard working people in the US, "In God We Trust" are only mere words that does not matter to them whether it is printed on the currency or not.

God will not strive too long with a currency that has his holy name backing it. God does NOT deal with men in such a way to mock his holy and sacred name.

The economy will be corrected and the correction will be of grave suffering to the people who have not prepared. The doors will close to the 5 of the 10 virgins who did not have their oil ready.