Posted on 12/30/2011 9:41:50 AM PST by appeal2
If you're worried about the latest price decline of precious metals, then listen to Ranting Andy's latest take on the smack-down. Andy and I agree: it's all smoke and mirrors, so you shouldn't be deceived. You have nothing to lose but your fiat currency. Simply put, this latest smack-down is just another last ditch survival ploy by the elite world financiers. However, this tactic is destined to fail because worldwide debt growth has gone geometric; there's simply no way to pay it off. There will be subsequent massive debt defaults, either through inflationary devaluation of fiat currencies or by countries that simply accept the obvious and cut off the flow of debt repayment dollars.
Andy and I joke that the .45 caliber round may one day become the universal currency unit. But seriously, there will be much pain for you if you refuse to recognize the truth and embrace the concept of sound money. Therefore, your choice is simple, buy gold and silver at steeply discounted prices, or wait for your bank balance to become irrelevant. The crisis has spread to every continent in the world and there definitely wont be a Chinese White Knight riding to your rescue.
Please send your question to kl@kerrylutz.com or call us at 347-460-LUTZ.
Three best metals to invest in: Gold Silver and lead.
>> I haven’t lost a nickle on ammo.
No silver bullets? What are you planning to do when the werewolves come? :-)
8mm mauser, .308 and 7.62x25
Actually they are nickle plate.
So you don’t think that your typical werewolf will be able to tell the difference in a blind “taste test”?
But seriously — what’s the purpose of the nickel plate? Just another type of jacketing? Seems like it would go right through tissue.
Same purpose as copper.
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