SILVER SOUND AS MONEY

bert Fitzwilson, founder of the Portola Group, speaking with King World Newsays efforts by central banksto revive ailing economies via manipulation of the monetary system is sure to end in disaster, and that in the wake of collapse "gold and silver will return to the historic role of sound money." He goes on to say: with the outcome that "our monetary pilots, focused on maintaining formation with the Fed, plow us all into the economic terra firma." In the aftermath of castrophe the only means of preserving one's wealth will be to hold tangible assets –which central banks first sought to acquire by inflating away the their currencies: A growing population will maintain the long-term value of scarce resources even if there are declines following a monetary collapse. Gold and silver will return to the historic role of sound money. Holders of those metals will see a dramatic revaluation to the upside. If history is our guide, the new wealthy will be those who had the wisdom to get out of paper money before the end of the current system.