MONEY: Everyone needs a little metal; which one depends on how much you have

*** Begin forwarded message ***

From: APMEX News <news@apmex.com>
Date: September 14, 2010 12:24:10 PM EDT
To:
Subject: APMEX – Gold Reaches New All-Time High!
Reply-To: news@apmex.com

Dear ferdinand,

Gold reaches a new all-time high of $1271.70 today, breaking the previous record high of $1265.50 on June 21, 2010!

This is due in part to economic concerns in Europe and the weakening U.S. dollar index. Accordingly, gold experienced an upward surge this morning.

A Bloomberg survey of 29 financial investors, traders and analysts have predicted the yellow metal may rally as high as $1,500.00 next year. Demand for physical gold is expected to remain strong as gold continues to be a safe haven investment for long-term and short-term investors alike.

Don’t miss this opportunity to lock in your prices on gold today!

SERIOUSLY CONSIDER adding to your gold portfolio. A wide selection of investment grade gold bullion is available 24/7 at http://www.APMEX.com!

Respectfully,
David McCarty
Director of Marketing
American Precious Metals Exchange

*** End forwarded message ***

Suggest a few coins — gold or silver — stashed somewhere is appropriate. And, “accredited investors” (how wall street describes fat cats) should have 5 to 15% in “commodities”. For us poor people, we should be laying in a supply of nickels. (Yeah, a nickel is worth more than five cents. The Gooferment hasn’t gotten around to making them “slugs” yet.)

For those who think my tin foil hat is strapped a little too tight, please review the monetary history of the French Kings from Louis 1 to Louis 17. The French Franc started out as a gold hockey puck and wound up as a collar button that was so thin it almost qualified as “gold leaf”. We know how that worked out for the French. Little tough on old Seventeen and his gal Marie. The serfs didn’t do too well either.

Then tell me how the “American Kings” (i.e., the politicians of both parties and the Federal Reserve System — think banking monopoly) aided and abetted by Wall Street have managed to destroy the American Greenback Dollar, which has lost 98% of its purchasing power since 1913.

And my tin foil hat is the problem?

How much is penny candy these days? Does anyone EVER remember “penny candy”?

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