lighthawk
Lovin' The Homestead
I was born in 1949 and when I was sixteen years old in 1965 I got my drivers license and I could buy a gallon of gasoline for 15 cents. I can still buy a gallon of gas for 15 cents. At the current price of silver a Roosevelt dime minted prior to 1964 and a war nickle (1942-1945) have a silver value of $3.59. A copper penny (minted Prior to 1981) now contains 2.8 cents worth of copper even the lowly nickel has a metal content of 6.9 cents.
Money hasn't lost it's value. Our paper currency has. Then... I could take a paper dollar into the bank and recieve in exchange one silver dollar. Now... you need 22 of those paper dollars to buy that coin. See coinflation.com if your interested.
When this country gave the Federal reserve the right to control of our money supply in 1913 we were doomed.
The founding fathers knew what the bankers would do if they had that power and specifically wrote into the constitution that there shall be no currency other than gold and silver. That was why they left England to get out from under the iron grip of the bank of england.
The fact is we were sold out by the gubmint decades ago and what is happening now is by design. Not by happenstance.
The gold and silver window are about to slam shut and for all practical purposes these precious metals are soon to be priced out of the range of the average consumer. Stay away from WE BUY GOLD stores, hang onto every ounce you have and sell none of it unless you are destitute. That is my best council. Take or leave it for what it's worth.
Money hasn't lost it's value. Our paper currency has. Then... I could take a paper dollar into the bank and recieve in exchange one silver dollar. Now... you need 22 of those paper dollars to buy that coin. See coinflation.com if your interested.
When this country gave the Federal reserve the right to control of our money supply in 1913 we were doomed.
The founding fathers knew what the bankers would do if they had that power and specifically wrote into the constitution that there shall be no currency other than gold and silver. That was why they left England to get out from under the iron grip of the bank of england.
The fact is we were sold out by the gubmint decades ago and what is happening now is by design. Not by happenstance.
The gold and silver window are about to slam shut and for all practical purposes these precious metals are soon to be priced out of the range of the average consumer. Stay away from WE BUY GOLD stores, hang onto every ounce you have and sell none of it unless you are destitute. That is my best council. Take or leave it for what it's worth.