John E. of Phoenix writes: In approximately one month we got a sample of Obama’s change: The continuation of the Bush-Paulson give away of taxpayer money and pork programs, little of which will have any stimulus on the economy…much more of the same is coming down the road. The expansion of the war in Afghanistan
Gold is not the only salvation for the financial crisis. Silver, long the preferred money of the people, will protect better than gold, says Bill Haynes, a 35-year veteran of the precious metals markets.
Never one to mince words, Llewellyn H. Rockwell Jr., founder and president of the Ludwig von Mises Institute in Auburn, Alabama, editor of LewRockwell.com, and author of numerous books on economics and politics, lays it on the line with a scathing rebuke of Obama’s plans to spend one trillion dollars in Obama’s Wealth Destruction, a
Back on July 24, 2008, I penned a post titled The Sad History of Paper Money, in which I noted that money not redeemable in either gold or silver is printed until it is worthless. Now mises.org has posted an article titled The Insolvency of the Fed that starts Since August 15, 1971 the US dollar