Some great comments on inflation and some US history
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BUY SILVER.
I wish you all the very best for July 4th.
Moderation in all things, except passion for life, is my belief.
You are right, Chris, we have a non-functional government. Nothing will save us in the long run. The difference this time is the fact that we really are running out of real resources at a viable price. I predict that a derivatives collapse will eventually be triggered, leading to the collapse of the system.
In the meantime, I wonder if Obama is trying to destroy nationalism in this continent, leading to a destruction of the US as a country.
I had thought he was just trying to get a permanently democrat voting population, but I have previously underestimated than man. Now I am trying to look further. If you bring in enough illegals, could you destroy nationalism sufficiently to create a desire for a North American Country state? Just pondering…..asking what if….
“Moderation in all things, except passion for life, is my belief.”
And yet another bit of sanity!
CHRIS ! YOUR BEST OFF THE WEEK ! COPPER IS UP !
Don’t hold your breath! We will all collapse before the system collapses.
What you think off diss ! strong VIDIO ! https://www.youtube.com/watch?v=r1QJcS-X1vs
The destruction of the United States of America is obviously the strategic objective of the oligarchs in banking and politics ever since the revolution and there have been few respites from their predation along the way. Gradual subversion, perversion and blood sucking untill there is nothing viable left. That’s the game plan and it’s working
splendidly.. Unfortunately
It is purely and simply crazy, Sandy. No one can disagree!
Chris,
All that is very reasonable..UNTIL…..UNTIL the Asian and “hard currency” countries and “satellite” countries hit ‘CRITICAL MASS” and NO MAS for exclusive dollar dominance. We CANT play the GLOBAL MACRO ECONOMIC game like we did in the 70, 80, 90, and 1st half of 2000’s decade…completely different animal is taking form…it will be like trying to play American FOOTBALL on a SOCCER field when it comes to global monetary and financial games…aint gonna happen…therefore, USE SOME COMMON SENSE…lean on HISTORY to put YOUR guide when looking at the future of the world….the dollar is dying…long live real money and the currency of LAST RESORT – GOLD and SILVER……
There aren’t any hard currency countries.
If we had to vote which country was the most hard currency though it would probably be India where the collective population has something like 20,000 tonnes of gold all told. Whew! That is one big heap of metal.
BIRD……You got it in one……& don’t forget they also have a lot of silver…………………
Me….My money is on silver !
No Kidding and the markets can be very fickle, sorry you lose and there are no apologies.
I would be very surprised if there was not more gold owned by Americans, in jewelry and gold holdings.
The US was a very rich country.
Good point, but I would put my money on the Asian folks!
SD,
I should clarify that! What I meant to say are countries that have a history and understand the ULTIMATE form of money is precious metals….based on past (and vast) historical perspectives…..
Yes, once China, Russia and the others have their own central banks, stronger currencies, etc. underway as I discussed the other day, that could well accelerate the decline here and lead to a debt or currency crisis.
The powers that own and run America have used up this rendition of fiat control.
Stay tuned for the global disaster they have in line for us all.
Over 100 years ago the Swiss philosopher Henri Amiel stated our case perfectly: “If liberty is to be saved, it will not be by doubters, men of science, or materialists; it will be by religious conviction, by the faith of the individuals who believe that God wills men to be free.”
That was great. I really appreciated Chris views here. I guess it is all about keeping it in context. But what goes up eventually comes down and if within our frame of understanding most assets are inflated heavily to the topside then it begs to reason a mean reversion is inevitable. What I worry about is that we are no longer in the usual business cycle of booms and busts but rather we are near the end of an historically long period of excessive debt accumulation and credit creation that only terminates with a rather catastrophic end. It may be exactly right that this only ends from a higher diving board. Anyway, thanks guys.