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Message: Times of trouble

Times of trouble

posted on Jan 10, 2009 07:42PM

Read the article posted tonight on 321 Gold by Bob Hoye. The minimum the last 2 depression/hyperinflation periods lasted was 2 1/2 years. Start and first lows were within days of the current trend. We could be in for a long drought of unemployment, no bank financing and at high rates if any is loaned.

The BC government came out with a 100% guarantee of all monies held in credit unions. Word is, money is streaming in from the banks. Canada will implode because of decentralization just like the Romans. Provincial governments have two much power and no common sense of country.

Gold is the only safe holding and not in a safe deposit vault. The US government confiscated all personal gold holding in the 30's and no one could access their safe deposit box without a government representative watching. Dig a hole in your backyard and bury it.

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