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peterb
Participant4plex – interesting take on playing the terrorist card to essentially kill the free market for physical gold. I give it odds. faber says to hold it outside the US. Good advice.
But as someone mentioned earlier, you can play the miners and enjoy not only the rise in price, but also the leverage they provide. I have a combo of both and it has treated me very well since last Novemeber.peterb
Participant4plex – interesting take on playing the terrorist card to essentially kill the free market for physical gold. I give it odds. faber says to hold it outside the US. Good advice.
But as someone mentioned earlier, you can play the miners and enjoy not only the rise in price, but also the leverage they provide. I have a combo of both and it has treated me very well since last Novemeber.peterb
Participant4plex – interesting take on playing the terrorist card to essentially kill the free market for physical gold. I give it odds. faber says to hold it outside the US. Good advice.
But as someone mentioned earlier, you can play the miners and enjoy not only the rise in price, but also the leverage they provide. I have a combo of both and it has treated me very well since last Novemeber.peterb
ParticipantIf there’s debt, there’s exposure to risk. Theoretically, debt payments must be sustained and debts paid-off. This will become more difficult for all strata’s of our society.
peterb
ParticipantIf there’s debt, there’s exposure to risk. Theoretically, debt payments must be sustained and debts paid-off. This will become more difficult for all strata’s of our society.
peterb
ParticipantIf there’s debt, there’s exposure to risk. Theoretically, debt payments must be sustained and debts paid-off. This will become more difficult for all strata’s of our society.
peterb
ParticipantIf there’s debt, there’s exposure to risk. Theoretically, debt payments must be sustained and debts paid-off. This will become more difficult for all strata’s of our society.
peterb
ParticipantIf there’s debt, there’s exposure to risk. Theoretically, debt payments must be sustained and debts paid-off. This will become more difficult for all strata’s of our society.
peterb
ParticipantI think the Fed bought bonds at one time in the 1930’s as well. Dont forget that FDR also confiscated gold and then raised the price from 21 to 35. You’d think those measures would be very inflationary. But they were’nt.
The bursting credit bubble was gigantic and derivatives market is in the 100’s of $T. It looks like money distruction far outwieghs money creation. We’ll see. But there’s a good chance that the safehaven in the future may more likely be in gold than US Treasuries. The next big dump in the markets will tell our future.
Just my 2 cents.peterb
ParticipantI think the Fed bought bonds at one time in the 1930’s as well. Dont forget that FDR also confiscated gold and then raised the price from 21 to 35. You’d think those measures would be very inflationary. But they were’nt.
The bursting credit bubble was gigantic and derivatives market is in the 100’s of $T. It looks like money distruction far outwieghs money creation. We’ll see. But there’s a good chance that the safehaven in the future may more likely be in gold than US Treasuries. The next big dump in the markets will tell our future.
Just my 2 cents.peterb
ParticipantI think the Fed bought bonds at one time in the 1930’s as well. Dont forget that FDR also confiscated gold and then raised the price from 21 to 35. You’d think those measures would be very inflationary. But they were’nt.
The bursting credit bubble was gigantic and derivatives market is in the 100’s of $T. It looks like money distruction far outwieghs money creation. We’ll see. But there’s a good chance that the safehaven in the future may more likely be in gold than US Treasuries. The next big dump in the markets will tell our future.
Just my 2 cents.peterb
ParticipantI think the Fed bought bonds at one time in the 1930’s as well. Dont forget that FDR also confiscated gold and then raised the price from 21 to 35. You’d think those measures would be very inflationary. But they were’nt.
The bursting credit bubble was gigantic and derivatives market is in the 100’s of $T. It looks like money distruction far outwieghs money creation. We’ll see. But there’s a good chance that the safehaven in the future may more likely be in gold than US Treasuries. The next big dump in the markets will tell our future.
Just my 2 cents.peterb
ParticipantI think the Fed bought bonds at one time in the 1930’s as well. Dont forget that FDR also confiscated gold and then raised the price from 21 to 35. You’d think those measures would be very inflationary. But they were’nt.
The bursting credit bubble was gigantic and derivatives market is in the 100’s of $T. It looks like money distruction far outwieghs money creation. We’ll see. But there’s a good chance that the safehaven in the future may more likely be in gold than US Treasuries. The next big dump in the markets will tell our future.
Just my 2 cents.peterb
ParticipantThey’ve gotten so stupid lately, one has to wonder if anyone can be this stupid? A pysch friend says,”Yes.” He told me he sees plenty of people who make incredibly stupid decisions when in a group environment that supports it.
So all fiat currencies now have a new standard of debasement to shoot for. Gold’s going to look a lot better. Yeah, the US$ should prevail. But it’s an Ugly contest among the fiats. -
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