Those days when advice was, get a job, put your money in the bank to grow. No more, banks getting over big time. They take folks money pool it all together, go out buy all the gold, all the silver, all the land, and everything else money can buy while paying 1/4 of one penny for interest to the customer savings account.
Had a interesting experience at the bank. The teller asked me why I didnt have my savings in a market account, she said you get a little more interest and you could withdraw without penalties. She said you had a choice of 1000 dollars 10000 dollars or 40000 dollars. I asked her how much interest on 10000 for a year, she calculated and told me 25 dollars. I said what 25 dollars.
This brings me to my point, if you have a savings account save enough to buy some gold or silver. Gold is a little better then 1100 dollars a ounce, silver a little better then 15 dollars ounce. Both of these will go up soon as they start the war back up when Obama is out....Got a gold medallion 1/2 oz worth over 550 dollars. Brother had a ten dollar gold coin size of a penny, job gave it to him some ten years ago, he wanted me to look at it was 1/4 ounce gold, I told him 2hundred some dollars, that was a year ago, sold it this week for 270 dollars, me I would not have sold, few years back sold an old silver tray got 135 dollars. Take that income refund check find some interest in gold and silver quit let the bank rob you.
