Saturday, July 23, 2011

Is the US dollar nearing its collapse ?

An interesting and scary scenarios about the colllapse of US dollar is on the news . This is not only a concern of governments , nations but as well people of the whole world because every currencies in the world are tied up  with the US dollar. I only got interested with this topic when i saw a title in Yahoo news “

ANALYSIS: Why Canadians should care about a U.S. debt default

Its a further slowdown of economies of the world even Canada because third quarter of trade of Canada is with the US. Further studying and researching on this US dollar collapse , i found this article of Mike Dillard an internet marketer who dont see his economic future in the US and had already migrate to another country. Here is what i found on his site “elevation group” , a video he also found on Youtube portraying the end of US dollar..Watch the video”

As you have watched , it portrays the downfall of the US dollar. What will happen and what preparations are needed for people to meet this challenge.  One comment on the video would probably the best alternative .”

“Great synopsis of what is happening. Simple and very much hand-holding for those who have no clue what is really happening with our economy. I've been a member of the EVG group since December, I have learned so much and been preparing for the impending time when things collapse. I don't see an answer to our problem without hitting the reset button. I heard so many theories, but everyone of them has holes and will keep us on the same path. It is from the education that we received in college and it has taken me many years to flush that and learn different ways. I even tried to change the system within as Mayor and that had so many roadblocks that it was impossible without having a law suit against me. Now I am building my corporation and other business ventures to protect my family in the future. My savings is placed in silver, which is getting harder and harder to buy. There is a long back order on silver so it is only a matter of time for that to skyrocket upwards as a scarce commodity.”

I do think that to prepare for this “economic armageddon” people have to invest in gold and silver which had proven in history to be worthy and the value is continuosly getting higher and scarcer. i also found this site to be worthy to be consider for your investment. This site will handle your inquiry about gold and silver , you  could even convert your IRA to gold. Visit this site 

Mike dillard  also was weary because of an information about gold and silver in the US..This came from an email from his friend Paul

“But what really has me thinking about my family’s future, is an email I received two days ago from my financial advisor Paul…

“Mike, I have Mark Seale, a local Austin Lobbyist joining me on the show this week. He has great up-to-date insider track on what is happening on the hill. Did you know that they are trying to bury a new law within the housing bill requiring all US citizens to get a license to purchase any quantity of Gold and Silver?”

I am not so familiar with the laws of the US but this really is scary people will not have a chance to invest on gold and silver if these will be pass into law. So its really a must for people in the US to hurry up and get your gold into a safe depository or invest now before its too late , here is the site again for your guidance