Silver - Strong Investment Opportunity

[this post contains a video - if you can't see it, click here]




A good way to buy silver is GoldMoney.com

And here are some reputable bullion dealers in Canada:

http://albern.com/

http://www.bullioncoinsandbars.com/

And if you would like to learn more about silver as an investment opportunity, I recommend that you check out David Morgan's www.silver-investor.com.

Peter Schiff: "Obama has misdiagnosed the ailment"

Peter Schiff, well-known investor, in an article titled "Credit Card Cancer", makes the following observations:

"This week, with his pronouncement that "credit is the lifeblood of a healthy economy," President Obama reiterated what has been one of his most common themes in diagnosing our economic problem. The president has relied on this bedrock belief to propose policies that place the restoration of credit as the highest priority. However, despite his seemingly earnest intentions, the president and his economic advisors have misdiagnosed the ailment. Savings, not credit, is the lifeblood of a healthy economy. When not used properly credit can be like a cancer that sickens an otherwise healthy economy."

Schiff goes on to state:

"The primary mechanism that has injected credit where it does not belong is the massive credit card industry that has developed in the United States over the last generation. The ease with which these cards may be obtained and the degree to which Americans now rely on them for routine purchases has created a culture of credit that simply has no precedent in a healthy economy. Until this culture has been reformed, America's fight to restore economic vitality will be a lost cause."

A culture of credit cards (and other easy loans without backing) are the consumer-side part of the problem...

... derivatives and exotic financial instruments created without any tangible asset correlation are the industry part of the problem (paper wealth!)...

... complicity and even collusion, is the government part of the problem.

It all results in a fundamentally sick economy fueled by debt... until it collapses under its own weight.

"Fraud" Cause of Financial Collapse!

This is a must see interview that pierces deep into the real reasons behind the collapse of the financial markets, and why the so-called "bail outs" are corrupt.


Bill Moyers (respected American journalist) sits down with William K. Black, the former senior regulator who cracked down on banks during the savings and loan crisis of the 1980s. Black offers his analysis of what went wrong and his critique of the bailout.

"Fraud is deceit. And the essence of fraud is, 'I create trust in you, and then I betray that trust, and get you to give me something of value.' And as a result, there's no more effective acid against trust than fraud, especially fraud by top elites, and that's what we have."

- William K. Black

Introduction to GoldMoney

The Crisis of Credit Visualized (movie)

(if you can't see video, click here)


The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.