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The Coming Devaluation of the US Dollar Currency
Dr. Lee Warren Plim Report

It is not a question of if the U.S. dollar will be devalued, but when, because the USA is the most indebted country in the history of the world, whose total debt is over $100 trillion.  In plain and simple terms, bankers and governments have created more debt than there is money in the world to pay it off through the use of fait currency (not backed by gold or silver).

 In the last 90 years the Federal Reserve has not been able to maintain the value of the dollar, which is why a house that cost $15,000 in the 1950ís, cost over $200,000 in 2003.

 Remember there is a Day of Reckoning coming for the whole Mystery Babylon System. Now gold and Silver has always been money since the time of the Abram (Gn. 13:2).

 PLIM Readers should have started their program on buying gold, silver and done their research both on the US and the world economy of Mystery Babylon. Now the next question is what will you do to protect your savings?

What are the facts?

The facts are as follows:

  • The U.S. budget deficit for this year 2003 is running close to a half trillion dollars ($500 billion) the highest in history.

  • The U.S. trade deficit is running $500 billion a year, meaning the U.S buys more than it sells abroad.

  • One of the largest tax-cuts in history has been provided to try to get the economy going.

  • The US consumes 70% of the worldís saving. It is mainly China, Japan, and other Asia countries that supply these savings.

  • Foreign investors are slowly pulling their money out of America.

  • U.S. Bond Market has begun to decline. Why havenít NBC, CBS, ABC, and FOX told us about it.  More of this will be discussed in the next PLIM issue.

 Why do bankers and the governments hate gold & sliver?

They hate gold and silver because it cannot be printed or expanded except gold and silver be extracted from gold or silver mines. It makes governments live within its means. Citizens maintain their wealth and they do not have to worry about inflation tax their wealth. Mind control is being used to make people paper think that gold and silver are cruel, barbaric metals and paper money is the best.

Where do you buy gold & silver?

Your local bank does not sell them. Out of sight out of mind. The bankers do not want you having gold in your possession. Yet the central banks that create money in each country have gold in their vaults. In fact, the central banks of the world are one of the largest holders of gold in the world.

Usually coin dealers sell silver and gold. They sell both numismatic coins and bullion coins. Bullion coins are those that are based on the price of silver and gold, while the numismatic coins are based on gold or silver content, rarity and condition of the coin. Unless you are a coin collector, buy the gold and silver bullion coins.

 Price and How to Buy

To buy gold and silver bullion coins one must realize that the price of gold and silver are set everyday by the various markets plus the dealerís cost must be added to the price. This is why it necessary to check four or five dealers for their prices.

For example, the actual price of the silver coin is the commodity price for the day plus the cost of the dealer, which can range anywhere between $1.00 and $3.00. So, a silver minted stamped coin will cost  $5.00 (cost of silver for the day) plus the dealerís cost of say $1.50, for a total cost is $6.50/coin.

Now Canada is one of the countries that mints silver coins, which are called the Silver Maple and the U.S. has coins  called the Silver Eagle. Few Americans realize that the U.S. Treasury makes silver coins since they are not sold at any bank where most Americans do business. These coins sell at a premium of one to two dollars more. So if the regular silver minted coin (Sun Shine minted stamp) went for $6.50 plus $1.00, the U.S. Treasury Silver Eagle would add $1-2.00 more. Again, these same countries mint gold coins along with the South African.

You must remember the government and the Federal Reserve Bank are creating credit and money out of thin air, making paper money worthless.

By Dr. Lee Warren,
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Economic Science


The Coming Devaluation of the US Dollar Currency
The Federal Reserve Bank Note System History
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