Today we saw a huge jump in the price of Gold American Eagles. Fifteen years ago you could buy one of these for about $250. Most people think gold is going up. Wrong. The dollar is going down. I am wondering when to pull out of the stock market before it’s too late.I finished reading Ron Paul’s book, End the Fed, and he made some indisputably true points about our “money.” The dollar put away 100 years ago is now worth about a nickel. That’s not good, and is getting much worse very rapidly. Just today the Saudis met with China, Japan and a few European countries and got their support to eliminate dollar pricing for oil. Maybe we can convince them to accept California IOUs in payment.
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