Gold or Silver Are a Safer Investment Than the U S Dollar

DM: This won’t be much good anymore (holding up dollar bill), American currency. There is a deliberate effort by the Russians, the Chinese and the Europeans and the oil producing countries to undermine the dollar and replace it with a global currency. That’s like a market basket of all of the currencies averaged out.

The problem is that the market basket can’t levy taxes only a government can. So it’s going to be paper that’s backed by nothing. At least this (holding dollar) is backed by the tax authority of the government. Once that happens you’re going to have only one safe alternative, gold or silver (holds up gold/silver coins), because those will be stable and governments can’t screw around with them.

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