On 02/04/2011 5:26 PM, John H wrote:
Obama is printing these as fast as the machines will allow. You may have one or
two laying around, so use them quickly. Now they are good for a gallon of gas,
soon it'll take three or four.

http://www.coinconcierge.com/images/$5red53bauobv9-5.jpg

Few people realize that gold buys as much gasoline todays as it did 50
years ago. Problem is the fiat paper currency and the tendancy for
government to fraudulently print too much of it.

Debt and government is like heroin to a drug addict. Denial,
withdrawal, theft from others to support the habit, death all are
possibilities.

The fall of the value of USD relative to China/Yuan:

http://www.exchange-rates.org/history/CNY/USD/G

I expect this to accelerate any time. China is increasingly aware that
the US will never pay back money it borrows today in value. Sure lend
the government $108 today, and in 10 years you know that bond/T-Bill
principle plus yield after taxes will not even come close to buying a
barrel of oil.

Same for gold.

Unlike the late 70's early 80's I don't think government can afford to
back the currency up, as the interest rates would be higher than the
entire government revenue in no time.