@terry2

I don't mean anything :-) I just said that most people on earth will prefer quick in/out operation on the US/UK elites.

Look, you guys better come to terms with this. The U.S. will be a third world country within ten years. Ron Paul has been preaching this for decades and people are too bloody stupid to listen. The reality is that the U.S. dollar will collapse as the world stops using the dollar as the reserve currency. For those who are paying attention, this is the primary reason why the U.S. continually is pushing toward complete governmental control policies. Freedoms will be taken away as part of our austerity measures while the government grows and becomes a larger and larger part of the economy and of individuals lives. You can see this happening as we speak with actions like India dumping the dollar and buying oil directly in gold. This is a complete shift from what was happening for the last 60 years.

You people who think war will boost our economy don't understand the prerequisites necessary for the positives to come about. Unless the scale of the war is worldwide and the results are victory, then the economic situation afterwards will not be positive. Don't kid yourself and consider that a war is a solution unless you are talking about all out world war in which case you can kiss your lifestyle completely goodbye.

Anyway, as it stands, the smart people will have a substantial percentage of their money reserved in commodities, while the majority will have nothing. I will be one of the smart people. I recommend silver right now as it is about the only thing you can get in tradable quantities for reasonable prices. Buy about 10 percent of your holdings in silver and make sure you have the physical silver on hand. Don't buy into the silver stocks where someone else holds your silver. I also recommend buying property. Not just a house, but some land. This will become necessary when food becomes as bloody expensive as it will.

Notice that the government has been claiming 2 percent inflation? Bullshit. You think the cost of food has only gone up 2%? This is only the beginning though. While we are 17 trillion in "claimed" debt, go look at the "unfunded liabilities" category of our debt which is not reported. It is significantly over 100 trillion. We are in a hole that we can't get out of and I suggest that everyone intelligent enough to save themselves start getting prepared now.

Don't be surprised if Uganda suddenly becomes a big name and the US decides to send forces over, strange times ahead. You heard it here first!

Which is why the rest of the world is willing to lend the U.S. Treasury money for 30 years at an interest rate which is actually negative, if you factor in inflation.

This is not true, as in last year US treasures became one of the most shady areas.
If you look back at the blog posts you'll see good charts telling that US is forced to keep low rates at any cost possible (including lies, unauthorised bayouts, etc)

But once the Fed stop buying long-term Treasuries

And you are sure about this because...
FED is just small element fully controled by global bank clans. And this clans now keep US above the water.

Most of the goverments stopped investing in treasures and focused on their own people.
US statistics worked good this year to hide this fact after recalculation of data and assigned big amount of offshore and UK amounts to other countries.

@kicap I guarantee there is at least some truth to what you say. @terry2 Tea Party? Nothing to do with it. I am a bit of a student of economics and my dad is a professor of finance. Economics is simply a subject that I study and have knowledge in and talk about on a daily basis as a regular family discussion. However, if you can't see that our system is rotten to the very core, then perhaps you are not looking. It does not take a genius or someone who studies economics to see that the U.S. currency is being destroyed and that our economic sovereignty is being taken from under our noses.

It is not difficult to be prepared, and it is not difficult to understand why things are happening. Ron Paul is just a guy who correctly predicted numerous specific events relating to economics over the last few decades. The reason his predictions are accurate is because things are very clear when you simply look.

Beside that though, having 10 percent of your net worth in physical commodities is not going to kill anyone. Having some land, and a house that you own is not going to hurt anyone. I am suggesting these things not because I believe there is serious potential for individual's value to be destroyed. But, because these things can be done easily and have little to no potential for negative impact on someones life, they are simply logical things to do regardless. These buffers serve to protect someones value against the (clearly) coming inflationary period and subsequent potential dollar collapse. If this does not happen, then no one will have lost anything by taking these steps.

Sorry, I gave the impression that I am in school. I'm married, 30 years old, and looking for ways to protect and build upon my limited assets right now. It is good to see that you understand that anyone who is looking to build a future in the U.S. should not be reliant upon our dollar. At the moment silver is the only medal I would buy, and land is a great bet because you need it anyway and if things get worse, then you can always have a garden.

Politically, I can see we are significantly different. However, my commentary regarding Ron Paul was a call to heed his warnings regarding the U.S. currency and our nearly worldwide fiat system. I did not intend to start any argument about the best type of government or the function or size of government. Regardless of function and size of government, our debt bubble and the weights it carries with it are extremely dangerous to people who like myself who are trying to build a future and build a nest egg. If I was 20, maybe I wouldn't care too much about the future because anything negative that would happen to me would happen to everyone. So there would not be much of a point of worrying. Now, I have just enough to see a need to protect myself, and the solutions presented by the government are nothing but more of what caused the issues in the first place.

Regarding China; They are absolutely dependent on the U.S. and the U.S. dollar remaining stable. They certainly do have incentive to invest here. The problem is that we are doing things that are directly contradictory to their interests, and it is making them angry. Take Lybia for example. Most people don't know but China was heavily invested in Lybia and had over 50 thousand people working there. When we decided to replace Ghadaffi, China got the raw end of the deal, with the light sweet crude coming from Lybia no longer ending up in China. China's workers were forced out, and their contracts became nullified. Iran is a similar situation. Our interests in Iran directly contradict China's. At some point China will simply bypass the dollar and begin purchasing the materials necessary for its energy needs in another form of currency than the dollar. When this occurs, inflationary pressure will occur on the dollar as China seeks to dump the dollar in exchange for materials they can directly trade for oil.

This same thing is beginning to happen in India now. Recently, India struck a deal with Iran to begin purchasing Iranian oil directly for gold. Previously the U.S. dollar was used, but obviously our sanctions and embargo's make that impossible now. Like in China, as energy becomes more expensive, Indian leaders will be forced to dump the dollar in exchange for more tradable commodities that they can directly convert to oil. Those dollars will end up back here in the states. Inflation is obviously the result, and there is no way our government could burn enough money fast enough to balance out our money pool with hundreds of trillions flowing back in at the same time. This is not a mythical situation, and no matter what ends up, the result will be economic instability here for years to come. Ron Paul is right about our currency because he understands the market, just as he was right about many of the other bubbles we have had. His economic predictions have been spot on for decades.