Detour Gold Corp DRGDF

RE:RE:RE:need to wait 10 to 20 years?

[CH4RTQU4NT]

LNG/Oil. The US is a nation of consumption and hasn't produced anything of value for 60 years, that is about to change. By as early as 2015, the US will entirely energy self-sufficient and will replace Saudi Arabia as the world's number 1 exporter of energy, thereby curbing expensive imperialist adventures and reliance on international energy cartels. This will simultaneously enable the government to fund its liabilities, balance the trade deficit, spur economic growth nationwide and significantly reinject value into the greenback as the only legitimate reserve currency. The Fed has known this for a long time. 

US personal debt = 16 trillion
US national debt = 17 trillion
US total debt = 60 trillion
US GDP = 16 trillion
Total US wealth = 140+ trillion.
Post LNG annual GDP: 20+ trillion
Post LNG total US wealth: 200+ trillion

Conclusions: the middle class consumer is addicted to debt and will continue to suffer, but they will never stop consuming products and corporate America has never been stronger. You think corporate America is going to allow its equity to be destroyed so easily? As long as there is longterm supply to fund their liabilities the consumer debt cycle is entrenched indefinitely, the new normal. Their largest trade partner and inter-governmental creditor, China, wants this too. Fact of the matter is that the U.S. economy has just commenced an unprecedented 30 year supercycle. Great time to be a non semi-precious metals investor, bad news for goldbugs. Throw out your textbooks.

Another freebie from yours truly

Cheers, QU4NT