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The most startling statistic that the review of savings reviled is the larger amount that Americans used to save. As documented by review numbers, the Ough.S. used to save over 12 percent of personal income not very long ago in 1981. Now, utilizing the dollar being worth less, Americans are saving over seven percent less.
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C: Irrespective which may be the victor, the Tidal Wave of Liquidity or the Trench of Debt, one asset class will merely survive but flourish. The dear metals, Gold and Silver, are now advancing to new highs against all fiat legal tender. I have written repeatedly over the last ten years that the true inflection point for Gold and silver coins will arrive when their values increase even on the face of this rising US dollar. Time is nowadays. Please hold on to the Clubhouse!