Chuck

Bob Moriarty: Gold is Safe Haven for Looming Crash

About this section...

"I was in Tanzania recently, and I walked into a bank, and I wanted to convert about $3,000 into shillings because I was going out into the field, and I needed to pay some miners. They handed about two-thirds of my money back to me, and they told me they wouldn’t exchange it because the bills were made prior to 2000. "

It's not because of the value of the American Dollar that they would not trade in the bills printed before 2000, but because of all the counterfit bills based on those printed paper money representations.
Anyone who's traveled to Africa "Knows" to only take new bills with you if you're bringing Cash. My daughter teaches in central Africa in the summer and even she knows to only bring bills printed in the last few years when she get's her emergency money from the bank for the trip.

It's not the value of American money, it's the risk of having some of it being Counterfit. Most any travel site will tell you that before you head off to Europe, Africa, the Orient or the Middle East.

That said... I do have shares in GLD and SLW.

Gold Stocks: Five Points to Remember

America is going down the toilet, and my profits keep going up.
It just doesn't get any better than this.

[Something MUST be wrong with this... but darn if I can find out what it is. Thanks George ! ]

Wednesday Outlook: How Far Can Bulls Take It?

Spoiler Ahead....

I saw the movie and the Empire fails and the rebels win.

I believe Emperor Bush will go the way of Emperor Palpatine.

His own quest for power and control will cause his downfall.

but, that's just my view of future history...
The problem with the future is you have to wait so long for it.