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Silver Wheaton Corp. Message Board

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  • yourdeadmeat69 yourdeadmeat69 Jun 10, 2009 5:14 AM Flag

    The Dollar is King.

    In 1971, a $10K salary bought a 3.5K car and a $40K house, today, a $100L salary buys the same state of the art car for $35K and the identical now 40 year old house for $400K.

    Your king is worth 10 cents on the dollar.

    Four silver dimes, real silver pre 1962, bought a gallon of gas in 1971. Melted down today, the silver in them would bring just under $3, the price of the SAME gallon of gas.

    Your king has no clothes, no backing of silver and gold, the last bastion, full faith and credit, tapped out credit line, and full faith destroyed by fraudulent mortgage paper.

    The only thing keeping the dollar afloat and not becoming Zimbabwe inflated scrip, is Bretton Woods agreement 70 years ago to have the dollar the world's "reliable" reserve currency.

    I suggest if you want to stay in dollars, you start building something to manufacture and export, the world's workers make 15% what ours do, and their senior execs dont get paid 100M dollars.

    You have NO idea what you're talking about, you're putting faith in the very same crooks and leaders who got us here.

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