Charles Goyette on The Lew Rockwell

Charles Goyette lists the intellectual and financial weapons you need to protect yourself.



Longtime financial professional Charles Goyette discussed the continued devaluation of the U.S. dollar, and how he sees this crisis unfolding for the average American. Over the years, the dollar has lost 96% of its purchasing power, he said, and the current rise in the price of gold reflects the fall of US currency. America has a staggering amount of debt--$1.3 million for every family; these debts will be accrued in some manner-- typically by fleecing the middle class, he warned.

The U.S. is moving away from being a "free economy" which depends on agreement and produces prosperity, Goyette noted. Instead, we're seeing a movement toward a "command economy, " he said, which produces shortages, and is run by "coercion," with resources, production, and consumption directed by a central command such as boards, commissions, and administrators. What has been taking place in industries such as insurance, automotive, banking, and health care are all examples of the "command economy," he detailed.

While credit card companies are slashing people's credit and forcing them to save, banks aren't offering any incentive for savers with their low return rates, he reported. As the dollar continues to be worth less, Goyette advised people to put some of their investments in gold and silver, and also consider other opportunities such as agricultural and natural resources.

Gold vs Fiat Money Charles Goyette Author on The Dollar Meltdown on CNBC

Weighing in on whether the dollar will extend his losses against the Euro, with Brian Dolan, Forex.com and Charles Goyette author of the best seller "The Dollar Meltdown" .


To Purchase Charles Goyette Best Seller 'The Dollar Meltdown' click bellow :

Mish Charles Goyette and George Noory on The Meltdown of the Dollar

Charles Goyette Author of THE DOLLAR MELTDOWN
SURVIVING THE IMPENDING CURRENCY CRISIS
WITH GOLD, OIL, AND OTHER UNCONVENTIONAL INVESTMENTS on Coast to Coast AM with George Noory 11/09/2009

Longtime financial professional Charles Goyette discussed the continued devaluation of the U.S. dollar, and how he sees this crisis unfolding for the average American. Over the years, the dollar has lost 96% of its purchasing power, he said, and the current rise in the price of gold reflects the fall of US currency. America has a staggering amount of debt--$1.3 million for every family; these debts will be accrued in some manner-- typically by fleecing the middle class, he warned.

The U.S. is moving away from being a "free economy" which depends on agreement and produces prosperity, Goyette noted. Instead, we're seeing a movement toward a "command economy, " he said, which produces shortages, and is run by "coercion," with resources, production, and consumption directed by a central command such as boards, commissions, and administrators. What has been taking place in industries such as insurance, automotive, banking, and health care are all examples of the "command economy," he detailed.

While credit card companies are slashing people's credit and forcing them to save, banks aren't offering any incentive for savers with their low return rates, he reported. As the dollar continues to be worth less, Goyette advised people to put some of their investments in gold and silver, and also consider other opportunities such as agricultural and natural resources.