DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Low interest rates throw wrench into retirements

**Poothevokprot** · 08-27-2012, 02:13 PM

It is sad and frustrating to see so many good people being robbed in slow motion of their honestly earned life savings by a corrupt government because these people don't understand the wealth-protection functions of physical silver and gold. No doubt these people view silver and gold as 'volatile' and 'unstable' assets because of price fluctuations. So instead, they stay in paper and slowly get eaten alive by inflation. When and if they do wake up and realize what is happening, it will be too late because they will be impoverished and silver and gold will be unaffordable to them. Many folk are in this position now. Gold at $1660 seems awefully expensive to many. What will they think when gold spot hits $5000?

08-27-2012, 02:13 PM	#8
Poothevokprot Join Date Oct 2005 Posts 601 Senior Member	It is sad and frustrating to see so many good people being robbed in slow motion of their honestly earned life savings by a corrupt government because these people don't understand the wealth-protection functions of physical silver and gold. No doubt these people view silver and gold as 'volatile' and 'unstable' assets because of price fluctuations. So instead, they stay in paper and slowly get eaten alive by inflation. When and if they do wake up and realize what is happening, it will be too late because they will be impoverished and silver and gold will be unaffordable to them. Many folk are in this position now. Gold at $1660 seems awefully expensive to many. What will they think when gold spot hits $5000?
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