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Back in 1980 I saw that the US government was spending way beyond its means. That it was business as usual no matter what the circumstances. I thought in terms of a 30 year time horizon, and that eventually the system would go bust, as the government could no longer control itself. At the time I did not realize when this all started. Within the past year or two I finally realized that it was LBJ that took the SS Trust and put it into the US Govt general account..."We are rich and can afford to have it all."

What i saw was a never ending inflationary environment. This is partially due to an ever increasing population.

So what I did was start to collect spoons not only as an investment but as a hedge against the day things went bust. Besides that I just liked them.

We have not yet come to the real day of reckoning that is still out in the future. If the USA does not get the Federal, State and Trade deficits in hand within 2 to 3 years the world will mandate a Conservator ship of the USA or the world economy will collapse and fall into chaos. All the foregners have to do is start to decline the buying of our debt and/or start lightening up on their USD positions. Interest rates will rise at least to their previous 1981 heights of 16% to 20% on the 30 year Bond.

I have been saying it for so long I am sick of saying it. Most of you now have gotten the message loud & clear, from the events of this past week. But everything you have ever known is about to be turned upside down. No longer will you be thinking about that 959, but just how to feed the family tonight.