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FSN: Response to Martin Armstrong’s Comments

Wednesday, January 14, 2015 15:38
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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

One of our clients sent us a quote from Martin Armstrong (Armstrong Economics) and asked us what we though about it.

by David Schectman
Miles Franklin

Here is what Armstrong wrote:

Quote from Armstrong Economics Blog

“Dealers will not ship any coins, even collector coins, to Minnesota. Why? Because the politicians have defined “bullion” as ANY COIN containing more than just 1% of gold, silver, or platinum. Bullion is defined in Minnesota Statutes §80G.01, subd. 2 and means any coin containing more than one percent by weight of silver, gold platinum, or other precious metal.

Minnesota’s law has shut down ALL COIN BUSINESS in its state, even rare collector coins. When I warn that readers should buy COINS rather than BULLION, I am deeply concerned about this hunt for money. Governments are DEAD BROKE and instead of reforming, they are without question sending us in the direction of COMMUNISM and/or a pure DARK AGE. They are destroying the world economy so rapidly all because of this Marxist theory. This is not a joke.”

There is a grain of truth in what Armstrong wrote, but let me state in the strongest of terms, he is bass-ackwards in his comments.

Continue Reading at MilesFranklin.com…



Source: http://silveristhenew.com/2015/01/14/response-to-martin-armstrongs-comments/

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