Politicans like fiat money becuase there's basically no accountability to govt. mistakes when fiat dollars are blown... they just print more and add it to the debt.
A Gold backed currency backstops govt. waste... and thats bad for avg. pork ladden politician.
I really like this Silver Money Bomb idea... I'm surprised nobody came up with the concept sooner... but I guess it took the success of the Ron Paul Money Bomb to prove the concept first.
With the connectivity of the internet, IMO, this could grow to thousands of investors very quickly...
There's an interesting discussion taking place over on the Kitco Bullion forums about starting a Silver Bullion money bomb, modelled somewhat after the Ron Paul money bomb...
https://www.kitcomm.com/showthread.php?t=14603
Somebody just registered the web domain...
http://www.silvermoneybomb.com...
From the Desk of OutFoxedNews.com CEO Ruppers Mediablock;
We can't let Ron Paul enter our upcoming forum, this Ron Paul guy just makes to much sense!... he's good for middle-class America, but bad for virtual monopolies like OutFoxedNews.com!.
You see, OutFoxedNews.com has spent millions...
Dec 31/07 - For the first time since it's registration, OutFoxedNews.com will being going on the auction block, via eBay, auction date yet to be announced.
Stay tuned over the following days as more information comes available...
http://www.outfoxednews.com
While the US Dollar isn't fake... the US Dollar is no longer backed by anything of tangible value... meaning, if everyone looses confidence in the US Dollar, the currency could move into a virtual free-fall as it is no longer anchored by anything of tangible value.
Prior to approx. 1970, the...
Bernanke is crushing the Dollar to save his Wall Street banker buddies/employers... Dollar chart looking down right scary...
http://quotes.ino.com/chart/?s=NYBOT_DX&v=dmax
One of the world's most successful investors, Jim Rogers, says the Fannie, Freddie declines have long way to go yet:
Video: http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vTLdQ0wF3FT4.asf
BTW... I think Jim is right... IMO, 100% mortgage financing with no-money...