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States Try To Ditch The Fed With Silver and Gold
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
wealthwire.com / By Adam English / April 9, 2013
You don’t have to sift through business and economic headlines to see strong reactions to the Federal Reserve’s quantitative easing.
On one side, you have companies, banks and equity traders that are hooked on the easy money. On the other, you have strong apprehension regarding the massive monetary base increase and inflation fears:
With the current stance of the Fed, QE supporters don’t have much to worry about these days. Announcements from the Fed hardly even show up on Wall St.’s collective radar anymore because Bernanke repeatedly reinforces that interest rates will essentially be nonexistant for at least another year, if not more.
For people concerned about QE it is the exact opposite. There is plenty to worry about but little that can be done about it.
Well Intentioned, but Half Baked
One compelling idea has been popping up recently though that may put a twist on the entire situation. Lawmakers in more than a dozen states are pushing bills that will allow gold and silver bullion to be used as legal tender within their borders.
Thanks to BrotherJohnF
2013-04-09 13:03:24
Source: http://silveristhenew.com/2013/04/09/states-try-to-ditch-the-fed-with-silver-and-gold/
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