The Nation's Leading Expert On Silver: David Morgan

SERIES PART TWO: Since Dollar Dotcom

"This is an article which should give the reader time to pause and think!! Notice every debt is ALWAYS paid, yes sometimes by default as many are now learning the hard way in the sub-prime real estate market. Many analysts are looking for the precious metals to break out in a big way near term, however the view we hold is a bit cautious because the latest inflation numbers projected on an annual basis give a greater than ten percent annual inflation.

Do not want to make too much about one month's data however this does present the FED with a problem, how does the FED lower interest rates at the discount window if inflation is heating up?

Since I wrote this article so many years ago, more mainstream highly respected figures have given the USA caution."

"We face a 75% chance of a financial crisis within five years." Paul Volcker, former chairman of the Federal Reserve

"The U.S. does not have more than a 10% chance of avoiding Economic Armageddon." Stephen Roach, Morgan Stanley

"We are confronting a day of serious reckoning" Robert E. Rubin, former Secretary of the Treasury

"As a nation... we are running on empty." Peter G. Peterson, Chairman, Institute for International Economics. Former Chairman Federal Reserve Bank of New York, Secretary of Commerce, Chairman / CEO; Lehman Brothers

"Gold still represents the ultimate form of payment in the world. Fiat money, in extremis, is accepted by nobody. Gold is always accepted." Alan Greenspan, former chairman of the Federal Reserve

"We're facing an unprecedented tsunami... and evacuation is not an option." "A Category 6 hurricane is threatening our shores - it's the federal budget deficit - and no one is worried." David Walker, U.S. Comptroller General Chief Auditor of the United States

So with this updated introduction please look to the future of the U.S. "Dollar"

David Morgan, silver-investor.com NEW SERIES PART ONE: Dollar Dotcom

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