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The Almighty Dollar Tain’t So Mighty No Mo’ (Major Dick)

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  Major Dick -- World News Trust

  Nov. 1, 2006 -- I think we all know how the elections are going to come out on November 7th as YOU are going to lose. Doesn’t matter what party or candidate you vote for you, as an individual will simply lose.

   The status quo will be maintained, the U.S. Dollar will continue it’s unprecedented drop in purchasing power, real money in the form of gold and silver will continue to climb in U.S. Dollar terms and you will continue to pay more and get less until… 

  You realize that you don’t have anything left to lose THEN and only THEN will you, the American people, respond in a fashion that is appropriate… that is, you will use whatever means are available to you to take back control of this out-of-control corporate-controlled Federal government. 

   Have you checked what the U.S. Dollar is worth today vs. other currencies? It’s worth a look; I think you’ll be amazed to learn that the U.S. Dollar when exchanged for Canadian Dollars gets you 88 Canadian cents! Did you understand that? The Canadian Dollar, still scoffed at by Americans is just a penny and a half under the 90-cent exchange rate against the US Dollar. 

   The Euro, which when it came out was only worth 88 U.S. cents, will today cost you $1.27, and pretty close to $1.28 from the look of the market. 

   And gold, which was $270 an ounce when DWI Bush took control of the reins of government, is now pushing $610 an ounce! 

   And you wonder why your house has gone up in value so much right? Well have you ever consider that maybe it hasn’t gone up in ‘value,’ it’s just costing more of those worthless dollars to replace it? 

   And the funniest part of this whole situation is that the Chinese are now sitting on more than $1 trillion (with a T) in their central bank. So here are the CHINS sitting on a trillion U.S. greenbacks that are dropping in purchasing power on a daily basis and any investment banker worth a damn knows that keeping any investment that is ‘losing money’ is not a good investment at all. WHAT they intend to do with those failing greenbacks should be pretty obvious to you by now, but since it may not be to everyone I will enlighten you as to their intentions: 

   They’re going to dump them and get something of ‘real’ value, like gold or Euros or Yen or anything they can, but they’re not going to be caught sitting there with a one trillion dollars worth of paper that won’t pay the commodities they require (like, oil, cement, gas, brick, wheat, etc.) to keep their own economy growing! 

   But why does this matter to you right? I’ll tell you why and in terms that you can understand very clearly (I hope for your sake):

   Your Social security payments are fixed in stone, changing only ever so slightly over time as the Federal Government releases those phony Inflation rate figures they publish that are tied to payment increases in your parents' (and soon by your) monthly payouts. 

   That 401K and IRA that you are so diligently pushing money into today will not buy anywhere near the same amount of ‘stuff’ in the future when you start to draw down on the accounts. 

   In other words, the greenbacks you save today are going to be worth less (much less) in the future. Keeping your future pegged to a currency that is being destroyed on purpose by your own government is insane.

  Here’s some free advice, dump your Dollars while you can still get something worth value. Take your 401K, cash it in and buy a big bag of gold bullion coins. Someday you’ll be so glad you did it’ll take plastic surgery to get the smile off of your face. If you don’t, well, you’ll be eating dog food and living a trailer park with the rest of fools. 

{mos_sb_discuss:2} 

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  • Created
    Wednesday, November 01 2006
  • Last modified
    Wednesday, November 06 2013
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