The barrel price for oil is over one hundred dollars. Cotton prices are at record levels and food prices are at their highest as well. Commodity price increases usually send central banks running to the U.S. dollar to secure their values, since the dollar’s been the reserve currency since World War I.
How times have changed. The truth is that these banks are running from the U.S. dollar in droves, reducing holdings in the $9 billion range and are buying gold instead.
This should be a major wake-up call for the average investor to buy gold today. In addition, most businesses will go under due to the upcoming collapse of our economy. It only makes sense to wake up and make gold your business as well.
Gold and silver have become the inflation hedges of choice for some investors. Gold hit an intra day high today of $1,448 per ounce and silver is trading at 31-year highs, hitting an intra day high of $38 per ounce. Come on folks, it’s time you protect yourself from the criminals in charge of our current monetary system.