WHAT ELSE CAN WE DO? HERE ARE SOME SOLUTIONS
Will You Survive The Coming Financial Crash 28
© 2005 Kent Daniel Bentkowski
Corporation, which is now owned by the foreign automaker Daimler-Benz. The merger
would later take place in 1998, with the firm then known as DiamlerChrysler AG. On
January 7, 1980, Chrysler accepted a government bailout of $1.5 billion dollars after their
stock price collapsed toward zero. What happened was that by January 28 1980, gold
ended up at an all-time high of $850.00 oz., and compared to the $35.00 oz. it was in
1968, it was a perfect illustration of the tremendous upside potential of gold. The current
bull market in gold has every indication of, and is similar to the bull markets of 1937,
1949, 1974, 1982, and the late 1990's tech-bubble.
Gold as an investment is attractive, as it had already hit its' own multi-year low in August
1999, when it was $252.50, which matched gold's 1978 price. To exemplify the stability
through manipulation, within the next two years, in August 2001, gold had only increased
by three dollars per ounce! However, since August 1999, with the global financial
instability brought upon by the domestic terrorism of 9/11, gold has increased in value by
80% in only 63 months!! During this same time, pre-1933 numismatic (collector) coins
have increased in value by 200% or more during this same 63 months!
Where can there be found a similar legal investment?!
Can you say the same about your precious corporate stocks, or your IRA, or your 401(k)
retirement plan? Gold experts, such as Craig Griffin of ITM Trading, have pointed out that
gold had in December 2004, reached the level of $454.00 oz. Upward trends predict gold
to hit the following highs over the months to come; $500.00, $750.00, $1,100.00, and
finally $1,500.00 oz. Those who bought into gold during the summer of 2001 will see a
six-fold return when gold hits the predicted $1,500.00 oz. price-point.
However, for as great as it is to know that gold will one day make all holders a great deal
of money, it is more likely and more probable that silver will increase from its' current
$7.00 oz. to $35.00 or more per ounce. Therefore, if the reader has $1,000.00 with which
to invest, silver can be accumulated in a much quicker manner than gold. At its' current
price, approximately 110 ounces of silver can be purchased for that thousand dollars. This
represents 6.875 pounds of substantive investment, and for those with smaller amounts
of money, it represents the manner in which to get up and running in the quickest manner
possible.
I can speak with authority that owning gold, silver, and numismatic coins as an
investment is a feeling of true accomplishment. This is because the person who holds
these physical items, is holding something much greater than a piece of worthless paper
with empty promises attached. It is a feeling unlike anything else, and these types of
investments represent the only true hedge against the terrible events to come.
WHAT ELSE CAN WE DO? HERE ARE SOME SOLUTIONS
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Here are some of the other aspects of fiscal responsibility that should be followed during
this time of emergency. I will go through them one at a time, explaining why each one
should be part of every persons' plan of fiscal responsibility. Of course, the banks and
credit card issuers do not want people to behave responsibly, as that is not as profitable
for them and their shareholders, which as I listed earlier in this report, consist exclusively
of members of the global elite: