Dear friends,
Your job is to protect yourself and your family the best you can. Call me to discuss any questions about what I've written and how to proceed to purchase metals if you so desire. It's never too late to start.
This is not an easy note that I'm sending you, but I feel a heavy responsibility to help you get a handle on what is going on with precious metals and why they are going up so consistently right now. I've been studying these markets for 40 years, and I've recommended gold and silver before and at much lower prices, but now things are really getting scary with the instability of the dollar. Because the dollar is so weak, people are fleeing into hard assets. It's only natural for everyone to try to protect their purchasing power.
Over the last 30 years, the purchasing power of the dollar has declined over 80%. In my opinion, the purchase of silver and gold will give you a strong weapon against the huge inflation that I see coming. I fear that the government's debts have reached the point of no return. When this happens the temptation for the government to print money is irresistible, and each dollar, therefore, becomes worth less. And this is exactly what is happening right now.
People always ask me how high precious metal will go, but the real question is, "How low will the dollar go?". My opinion is that the dollar will continue it's drop in purchasing power for an indefinite period.
Over the last 30 years, the purchasing power of the dollar has declined over 80%. In my opinion, the purchase of silver and gold will give you a strong weapon against the huge inflation that I see coming. I fear that the government's debts have reached the point of no return. When this happens the temptation for the government to print money is irresistible, and each dollar, therefore, becomes worth less. And this is exactly what is happening right now.
People always ask me how high precious metal will go, but the real question is, "How low will the dollar go?". My opinion is that the dollar will continue it's drop in purchasing power for an indefinite period.
Your job is to protect yourself and your family the best you can. Call me to discuss any questions about what I've written and how to proceed to purchase metals if you so desire. It's never too late to start.
Regards,
Al Notowitz
P.S. Pay attention carefully.
What is making gold move is not a fad. Gold is totally unlike bubble investments during the dotcoms or more recently with real estate.
I once thought the U.S. government had a chance to save the dollar; I don't feel that anymore.
