The US Economy Is Doing Great!!!...UH-oh....

[Bob Cochran]

If anyone tries to tell you the US economy is doing great, you can present them with these verifiable facts.

Since June 2002, the US dollar has dropped 41% against the Euro.
http://members.cox.net/autofx/dollar-crash.JPG

Since June 2002, the Dow has risen 42% (gives us maybe a 1% net gain in "international buying power").
http://members.cox.net/autofx/dow-5yr.JPG

Since June 2002, the US dollar has dropped 353% against copper.
http://www.kitcometals.com/charts/copper_historical.html

Since June 2002, the US dollar has dropped 450% against lead.
http://www.kitcometals.com/charts/lead_historical.html

Since June 2002, the US dollar has dropped 103% against gold.
http://www.kitco.com/charts/livegold.html

And then there's THE HOUSING MARKET... :o
http://tinyurl.com/2fgllv

[angrydragon]

Living on borrowed time and money.

[Bob Cochran]

Precisely so, angrydragon.

[LibertyBelle]

And then there's the high number of foreclosures every month, 500,000 was the number from April I think. The banks are raking it up!

[Blowback]

Does anybody have any good places to look for GOOD advice on protecting assests during this. I know about investment in gold, silver, and possible more stable paper currencies like the Frank. What else and what are the details?

Thanks,

[torchbearer]

Econumy sucks in louisiana.the only reason our state government has money is because the federal government took it by force from all of you and sent it to my state because of katrina.
Still doesn't help our economy. just pads our politicians pockets.