Ed, as you may have noticed, I'm not much for conventional thinking here - and I lean towards the Austrian School. Yes, if you look at QTM,...
"If assets were gold or oil, this phenomenon would be called inflation. In stocks, it is called wealth creation." - Treasury Secretary...
I still disagree with a tech solution saving us. What does technology do? It makes us more efficient, which means we need fewer people to...
I somewhat agree with you and Ed on this. However, I also think that both inflation and deflation can co-exist, if you don't focus on the...
The tax treatment for the two differs as well. Long term cap gains tax on PHYS is 15% GLD is taxed at 28% That's a big reason for the...
We are a mature economy. We have not had real (sigificant) growth for over 40 years. It's all been manufactured by defense spending, other types...
So you believe that a debt based monetary system that needs to constantly expand, or it will collapse, irrespective of the productive ability to...
Are you sure you're not holding the ball upside down? I think we may close positive.
Do you prefer an easily manipulated printing press instead for your source of a store of value? Ever read up on the history of fiat? Never...
There are always backroom deals being cut when the stakes are high. China is getting a lot of oil out of Iraq. Coincidence?...
American... greek heritage. Also wanted to stick up for the Italians as well!!!
Just wanted to clear up a couple things: [img] [img]
Maybe one day scientists will find that gene that makes us feel as we do when we hold gold? I don't know - but there is something innate to...
I don't rule that out, but I don't think it's a certainty either. Thru-out history, there has always been a return to gold. Should that occur...
Or maybe it's a natural economic evolutionary process. Maybe deep down, on a subconscious level for many, there is this idea that gold represents...
I'll agree to the extent that there are currency wars being waged. But it's not clear who is behind what. At least not the big picture. My...
Ivan needs to do an IP trace on these locusts! Get the info over to Angela Merkel pronto! But seriously... I'm not saying that the Euro...
Exactly. And there's a reason the ECB is located in Frankfurt, and not Brussels. If Germany left the Euro, the Southern states would...
Germany is propping up the southern flank, much like China (and others) are propping up the US. Germany is not going anywhere.
This article is idiotic. Europe isn't Europe. What I mean by that is, you can't compare Portugal and Greece to Germany and Sweden. Yes,...
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