The Premier Silver Resource Website
Visit GoldSeek.com
Visit GoldReview.com
Visit UraniumSeek.com

- CLICK HERE TO VISIT THE NEW SILVERSEEK.COM -
Live Spot Silver
Navigation
Silver Market Articles
Silver Discussions at the Forum
Silver Company Links
Silver Market Updates
Silver & Gold Headlines
Silver Stock News
Silver Equity Quotes
Silver & Precious Metals Quotes







 
How to Escape from Debt Slavery

By: Voltaire



-- Posted 8 January, 2011 | | Discuss This Article - Comments:

If you have poor, if you have net negative worth, there is hope.  Once you have the bare necessities covered, buy silver.

Donít expect inflation to bale you out.  When we get a new currency system, your debt will likely still be there.  What is coming is a dollar devaluation, not a hyperinflation with wages being adjusted.  Dollar debt will be wiped out, but primarily with respect to gold, not with respect to wages.

If you want to escape from debt slavery, you must end up with gold.  Only then will your debts evaporate.  Only then will you have real wealth.

This is a two step process.  Where gold may be too expensive, you can afford silver, and silver is much more under valued than gold.  Buy silver now with whatever money you can scrape together.  Itís much more important to buy silver than to pay down your debts.  If you buy silver, your debts will go away after the revaluation.

The plan that you should follow is discussed here: [link] If you follow this plan, whatever you spend on silver now, can be converted to gold later with a gain in purchasing power of at least 200 to 1.  In other words, for every one dollar that you put into buying silver now, you can have 200 dollars worth of wealth later to pay down debts and enjoy.  I believe that this 200 to 1 factor is conservative.

 

This plan does not rely on political action, luck or trading skill.  All you need to do is understand what you are doing and why, stick with it, take action now, and take action when silver becomes over valued with respect to gold.

voltaire@incitertrading.com
http://www.incitertrading.com

-- Posted 8 January, 2011 | | Discuss This Article - Comments:



Article Archives

SilverSeek.com is presented to you by:

© 2003 - 2011
SilverSeek.com, Silver Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of SilverSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on SilverSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Disclaimer

The views contained here may not represent the views of SilverSeek.com, its affiliates or advertisers. SilverSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of SilverSeek.com, is strictly prohibited. In no event shall SilverSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.