GREY:GPLDF - Post by User
Comment by
fabdaqon Apr 16, 2011 5:38pm
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Post# 18441901
rabid rhetoric
rabid rhetoricYou are bang on little guy (and I find your posts and articles very good). When you hear some PM bulls salivating at the fact that the U.S. financial system will implode is just lunacy. Lets not forget the 08 crash when the markets imploded including the precious metals - slw to $3, svm to $1, goldcorp to $13. Alot of these people state that yes there will be the sharp decline and then the markets will realize that gold and silver will be one of the best investments and they will soar to new heights - perhaps they believe this because it has already in fact happened after the 08 crash. I think it may have played out this way due to the fact that nothing has really changed with regard to debt/dollar issues -we are in fact worse off with regard to these issues. If in fact the whole U.S. financial system were to implode I think it will be a very ugly scenario for all of us and would take decades to rebound- jmho - its a fine line were treading on. glta!!