Saturday, January 26, 2008

Hugo Chavez Urges Latin Americans To Take Their Money Out Of The United States/Americans Should Be Buying Bars Of Gold Bullion

In the coming months, the American real estate and financial markets are going to experience what may be the worst economic crisis since the great depression of the 1930's. With the collapse of the US Dollar all but a certainty, Venezuela's President Hugo Chavez, is urging Latin Americans to start withdrawing their investments from the United States, before the coming economic title wave, and the precedent setting financial crisis which is already looming over the heads of the American people, hits them full bore.

What safety net do Americans have? Purchase bars of gold bullion before they become prohibitively expensive -- and by this I mean $2000 an ounce or more. This will happen as Americans realize that the global desire for the US Dollar has diminished, and that the perception of it as a desired currency has vanished. And while Chavez may be a covert Communist; he's a damn smart one.

Chavez Urges Withdrawals From U.S. Banks

Saturday January 26, 1:21 PM EST
CARACAS, Venezuela (AP) — Venezuelan President Hugo Chavez urged his Latin American allies on Saturday to begin withdrawing billions of dollars in international reserves from U.S. banks, warning of a looming U.S. economic crisis.

Read the rest of the article here:

More on Venezuela under Chavez's leadership. Given Venezuela's oil rich history, and Chavez' ability to prevent the US Military Industrial Complex from helping themselves to it, it should be little wonder why
George W. Bush and his cronies have Chavez and his country in their Illuminati cross hairs.
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