Thursday, December 30, 2010

Dollar near point of collapse?

The U.S. Dollar Will Collapse Within 24 Months! Got Gold (or Silver)?
Buy Gold and Silver Now As the Ultimate Store of Wealth

The consequences of decades of abuse to the system of credit in the United States are coming to a head and the gray clouds that loom over the skies of the dollar are growing bolder by the day and darker by the minute. The cold hard fact is I expect the U.S. dollar to ultimately collapse within 24 short months.

So says Greg McCoach ( in an article* which Lorimer Wilson, editor of, has reformatted and edited [...] below for the sake of clarity and brevity to ensure a fast and easy read. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement. McCoach goes on to say:

While the price of gold will soar and get most of the attention, it’s silver that typically outperforms gold, dollar for dollar invested. In certain instances, when gold prices have doubled, the price of silver has outperformed gold by a factor of more than six-to-one!

The early adopters — those who wisely purchased their positions in gold and silver before the masses come — will sleep well at night while others fret as they watch the purchasing power of their savings evaporate like water in the Sahara.

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