The precious metals sold off this week and our PHYS position is barely above it's mental stop. Given the name of this journal, it should be no surprise that selling any precious metal holding is not something I look forward to. Though I may sell PHYS, I will try to take advantage of any fall in precious metal prices to buy a few silver or gold coins.
Signs that the dollar is in increasing jeopardy are popping up everywhere. It's noteworthy that several states are considering how they would cope with a failed dollar. The video below is taken from a talk given by Dr Lawrence Parks before a group considering Montana sound money legislation. It's about an hour long and worth every minute of your time.
Collapse of the Dollar: Testimony on MT Sound Money Bill (HB 639) from Constitutional Money on Vimeo.
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