The last few months have been rocky for the dollar and it’s likely that the next few are going to be even more precarious for it. The following snippet was taken from Martin Weiss’s article titled, “U.S. Dollar Crashes Against Yen! Time to Act!”:
“The consequences are immediate: Just this past Thursday, the U.S. dollar could buy 91.27 Japanese yen. By the end of the day Friday, it could only buy 89.63 yen.
In just 24 hours, the dollar fell by 1.81 percent, more that it would typically fall in 24 DAYS!But if you think the dollar decline is far removed from your daily life, think again.
The Dollar Decline Could Deliver A Major Blow to Your Wealth”
Nearly every bit of economic news coming out indicates that the dollar slide will continue for at least the short-term. The continuing dollar’s debasement should provide more than enough incentive for us to start investing in silver and gold.
For those who don’t have money to invest in these assets you should invest in necessities that you’ll need in the future. In the following video Peter Schiff gives some good examples of things to invest in.
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Now is the time to act if you value your wealth because the criminals at the Federal Reserve and the Treasury are hell bent on destroying the dollar’s buying power.
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