What is End of America 63?

Answer 1

Beyond a warning of the perils of the U.S. debt, the Stansberry report is about a push by China and Russia to have the IMF establish a global currency (the Bancor) to be used instead of the U.S. dollar as the currency trade standard. As I have always said, the Bancor would require a global authority and that would never happen on a planet with such economic and political diversity.

The most enlightening portion discussed the historical ratio between the price of gold and silver. Always a 16 to 1 price ratio, the current value of gold is at 44 to 1 against silver. If consistant with the historical ratios, silver should quickly rise from it's current value. 34 to 90 is quite an investment return.

FScottBaker@aol.com