am I dreaming ??? 3 trillion $ ?????Well boyz, I think when it's all over , gold will be in the 5 digits.
The US situation is just getting uglier to ugliest to insane to financial paper money collapse in the makings.
...and he plans to have balanced budgets within 5 years....like he promissed (again) 4 years ago. Is anyone going to stop this nut cracker ?
anyway, I am very happy on one hand to have gold sotcks and coins, but man, in another way, I can't even start to imagine the Wolrd Depression we will be sitting in probably much sooner than we think.
https://torontosun.com/News/World/2007/02/05/3531183-sun.html
Throughout the 1970s, for every dollar of increase in GDP, there was $1.75 increase in debt; throughout the 1990s, for every dollar of increase in GDP, there was $3.64 increase in GDP. But for the period of 2001-03, every dollar increase in GDP required an increase in debt of $7.11. This is double the 1990s' ratio, and four times that of the 1970s. Thus, this period represents a singularity, indicating that past relationships have broken down, and that a new ordering process has become dominant, one governed by hyperinflation and speculative frenzy...and gold prices are just about the only thing seriously undervalued and our time as come.