Thu, Aug 28, 2014, 5:59 AM EDT - U.S. Markets open in 3 hrs 31 mins

Recent

% | $
Quotes you view appear here for quick access.

Silver Wheaton Corp. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • 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.

 
SLW
24.52-0.18(-0.73%)Aug 27 4:02 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
TubeMogul, Inc.
NasdaqGSWed, Aug 27, 2014 4:00 PM EDT
Burger King Worldwide, Inc.
NYSEWed, Aug 27, 2014 4:00 PM EDT