Wednesday, October 31, 2007

Before you start celebrating your investing genius

Take a look at this chart. Shows the dollar's decline relative to the s&p500's rise. Dollar down by about the same as the s&p500 is up. Break even right? Wrong. Unless you have every dollar in your possession invested in the stock markets, you are a net loser of wealth.

On the other hand, owning silver and gold like I do yields this chart.

The war on savers started a long time ago. Now this war has been extended to the USD.

Invest accordingly.

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