What's happened to our dollar?

A major reason for the dollar's decline is our snowballing debts and deficits. The U.S. now borrows $2.5b a day from other nations! Devaluing the dollar is one of the ways the financial markets correct our rising U.S. debt and deficits.

"We're facing, a growing fiscal cancer... a tsunami of spending!" says America's former head accountant David Walker who traveled the nation with his "Wake Up Call", warning Americans in 2007.

Historically a "dollar" was a defined as a specific weight of gold or silver as mandated by the U.S. Constitution. A true U.S. dollar is defined as 1/20 ounce of gold, or about an ounce of silver. But starting in 1913, the U.S. Treasury and Federal Reserve slowly began redefining the "dollar" as a measurement of the world's confidence in the U.S. government and economy.

The result: Today's "dollar" retains a mere 3 cents of its original buying power... in relation to gold. Stated another way, 1/20 of an ounce of gold (near $900/oz.) today will cost $45, instead of just $1, as it did 75 years ago. The same is true of an ounce of silver, which today buys even more gasoline today than it did back in 1964!

Gold is trustworthy wealth insurance

Money is either the builder or the destroyer of society. An honest money system with a precious metal foundation, as we once had, brings prosperity to all who are willing to work. A dishonest system, as we have today, enriches a few at the expense of everyone else, regardless of how hard they work.

Gold is sometimes referred to as the 'anti-dollar' because it's a perfect hedge against a falling dollar. The sliding dollar is just one of seven major forces driving gold prices up. Find out why smart money is moving out of dollars and into gold and silver, BEFORE a shrinking dollar does any more damage to your financial future!