“The U.S. dollar served its purpose since the end of WW2 and became the major foreign reserve currency…(but) the days of the U.S. dollar playing this special role … has reached the end of the line, since today that system is very sick and dying a slow death.”

Ricardo C. Amaral

Mr. Amaral added that we will soon see:

“The major collapse of the U.S. dollar creating the BIGGEST INTERNATIONAL crisis the world has ever seen.”

This is why the escalation in the price of Gold and Silver as many reports now conclude … that it is not a matter of “if” the U.S. will lose its status as the world’s reserve currency… it is simply a matter of when.

Today’s Investors know there are serious problems with the U.S. dollar and are shifting assets to precious metal which have historically have been very reliable when a country has major currency problems.

Recent reports from Europe say many stores are now refusing U.S. dollars in sales and even Cuba won’t accept the money, places in Mexico etc.

The U.S. has been the world’s most powerful country for nearly 100 years. The U.S. dollar has reigned supreme as the world’s reserve currency for 50 years.

But times have changed there such as in the U.S. some 42 million Americans are on food stamps or, 13% of the population.

Think about that because can a country really be in Great Shape when 13% of the population can’t even afford to purchase food? Oprah showed how shanty towns are appearing at major cities and still … 43% of American Families spend more then they earn each year,

Let’s face it, the American Consumer is broke! How in the world can they possibly spend their way out of this crisis?

Well, for now, they just keep Printing Money.

In Massillon, Ohio, 700 applicants recently applied for a single janitorial job paying $16.00 an hour, plus benefits.

Intel’s CEO Paul Otellini in a recent speech said: “I can tell you definitively that it costs $1 billion more per factory for me to build, equip, and operate a semiconductor manufacturing facility in the United States.”

He also stated that 90% of the additional costs are not from higher labour rates… but from Higher Taxes and Regulatory Charges that other nations simply don’t impose.

So why start a business here when cheaper elsewhere?

The more we read it seems the U.S. economy appears doomed and thus GOLD and SILVER prices have soared over the last 10 years making it so obvious why investors want to hold them and not U.S. dollars.

IN 1979 THERE WERE 61 AMERICAN COMPANIES THAT EARNED A TOP-LEVEL AAA CREDIT RATING FROM MOODY'S.

TODAY, THERE ARE ONLY FOUR.

AUTOMATIC DATA PROCESSING EXXON JOHNSON & JOHNSON MICROSOFT.

Does this sound like an economic recovery to you?

Bizarre but, The New Times has reported that Las Vegas building is booming once again in a city where nearly 10,000 new homes are empty, thousands are in foreclosure and thousands more have just simply stopped paying mortgages and the average home price has diminished over 60% since 2006. Similar scenarios are taking place in Phoenix and other U.S. cities.

The cards are seriously stacked against the U.S. and a looming currency crisis seems inevitable. Almost every State is on the verge of bankruptcy and owes such a load of debt that they'll never be able to pay back.

Gold usually is 16 times greater per oz. in value to Silver. So at $1400.00 per oz. Silver should be at $84.00

Multimillionaire and currency whiz, Chris Weber, believes Silver will likely hit $187.00 as Gold continues upward.

That is a gain of around 600% from today's prices.

It might be prudent to move some of your money beyond the reach of Government because... as in the past… history has shown… Desperate Governments will do desperate things such as Nationalizing Pensions. Remember last time when Times got tough the U.S.A. outlawed the holding of gold. They could make it illegal to have foreign bank accounts etc.

The less the Government knows about your assets if we have Turmoil, the better for you. They can’t take what they don’t know.

Yes, buy as much gold and silver as you can reasonably afford. Yes Gold has had a huge run in the past decade but if the U.S. dollar loses its world status this early run is going to be a mere afterthought.