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<p>[QUOTE="rush2112, post: 1309760, member: 25570"]Your plan of saving paper money now and buying gold in 20 years doesn't sound like a good plan to me. </p><p>First of all, your assuming your paper money will still be around in 20 years, still have value and precious metals will be cheap. </p><p>Just take a look at what's going on in the financial markets and the debt problems that exhist, both in North America and in Europe and it does't look good for any paper currency. The corruption of Wall Street and the big banks is slowly being exposed as you can see from the protests at all major cities. This banking system and the Federal Reserve, in my opinion, won't be operating as they use to. They are trying desperately to insert one of their own into the next election, a man who took advantage of the taxpayers during the last economic crash by giving advice but I doubt he stands a chance. What happens when the game is over is anyones guess but I assume a lot of people and countries will be looking to exchange their fiat paper dollars for something with intrinsic value. I am betting that people will be looking back in 20 years and talking about how cheap silver was in 2011.[/QUOTE]</p><p><br /></p>
[QUOTE="rush2112, post: 1309760, member: 25570"]Your plan of saving paper money now and buying gold in 20 years doesn't sound like a good plan to me. First of all, your assuming your paper money will still be around in 20 years, still have value and precious metals will be cheap. Just take a look at what's going on in the financial markets and the debt problems that exhist, both in North America and in Europe and it does't look good for any paper currency. The corruption of Wall Street and the big banks is slowly being exposed as you can see from the protests at all major cities. This banking system and the Federal Reserve, in my opinion, won't be operating as they use to. They are trying desperately to insert one of their own into the next election, a man who took advantage of the taxpayers during the last economic crash by giving advice but I doubt he stands a chance. What happens when the game is over is anyones guess but I assume a lot of people and countries will be looking to exchange their fiat paper dollars for something with intrinsic value. I am betting that people will be looking back in 20 years and talking about how cheap silver was in 2011.[/QUOTE]
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