Saturday, April 23, 2011

Charles Goyette : The Dollar Meltdown

Charles Goyette , talk show host and New York Times best selling author of The Dollar Meltdown (release Oct. 09), on national TV, warns about the "economic calamity the Republicans and Democrats are creating," and is among the first to promote Ron Paul's candidacy on Fox, CNN, etc.the purchasing power of the gold and silver is steady while that of the paper money that is backed by nothing like the US dollar is going down the tube day after day as you can see in the gas station and in the supermarket ,Hyperinflation? Meltdown? Devaluation? New World Order? Not trading oil in dollars? China not buying US Dollars anymore? What do these things all have to do with you? Well, if you use the US dollar to purchase the things that you need to live,
1) The standard of living of a country's citizens follows its currency. Period.
2) All paper currencies spend their entire lifespan seeking their true intrinsic value. Zero.

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