Comment: Get out of paper into physical gold and silver.

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Get out of paper into physical gold and silver.

Do not be caught in ANY assets with a counter party. Safety is paramount at the present time. Physical precious metals are best. Portable and easily tradable. Silver looks to be the most promising for longer term gains but is more volatile. Nevertheless it is the better bet in my opinion if you are willing to hold. It is trading at a reasonable level at the moment and could shortly begin a new leg up.

Arabian Money is looking for $50 silver by September. Max Keiser and Hugo Price are advising Greece to introduce a silver drachma.

Cash is inadvisable if you are thinking of maintaining purchasing power in the medium to long term. Paper currencies will eventually lose all their value and become museum artefacts unless they are redeemable for precious metals.

"Jesus answered them: 'Truly, truly, I say to you, everyone who commits sin is a slave to sin. The slave does not remain in the house forever; the son remains forever. So if the Son sets you free, you will be free indeed.'" (John 8:34-36)