This is really worth the listen:
Sunday, August 2, 2009
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Why invest in precious metals?
Over the last 5 years, the US dollar has lost nearly 50% of its value relative to the other major currencies, as the value of the U.S. Dollar declined, gold and silver prices have increased.
Over the last 5 years, the US dollar has lost nearly 50% of its value relative to the other major currencies, as the value of the U.S. Dollar declined, gold and silver prices have increased.










4 comments:
I believe Michael Moore mocked this Reagan clip in his "documentary" on health care, but the concerns Reagan spoke about are absolutely coming true.
In Oregon, terminally-ill patients enrolled in the state's health care program are being told "No, we won't pay for your life-saving treatments, but we WILL pay to euthanize you." And earlier today, I read an article how NHS patients with chronic back problems will no longer be able to get treatment unless they the exorbitant prices that were created in large part from the artificial demand for such treatments that a single-payer system creates.
Yeah- this kind of "reform" isn't just bad and ineffective, it's like... really scary stuff.
These government programs make the "evil, unfeeling,selfish insurance companies" look good.
Plus, it's government intervention that perverts the incentives and behavior of insurance companies and allows them to behave as they do with impunity.
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