When the euro rates are also 0% there won't be any paper left that pays interest. When paper pays less than the risk of debasement, its time to...
Not a snowballs chance in hell
Deflation is when everyone is getting pay cuts. CHECK Deflation is when those who still have jobs are in fear of losing them. CHECK...
The government is replacing the people as borrower and spender of last resort. The Fed's new "quantitative easing" program ensures this..
*OR* the Fed prints money and the Government borrows it, and finds ways to hand it out so that the idiotic consumption binge can continue till US...
And then you will have a bunch of paper promises for more paper promises from the Fed, backed by the "full Faith and credit" of something or other...
If we are in a deflationary contraction, which I believe we are, why is gold rising? How does the debt unwind? Looks to me like its still...
-4% would be a more reasonable expectation. Why? If sales are down 4% and the idiotic measure you are using is 77% consumer spending, then it...
Gold would have been over $1000 by now if it was goinfg to default. The thing to watch is how low the inventory avail for the next delivery...
They've been looking for them for 300 years, and when they foun the gold it sold for many times spot. They are not going to melt it if they find...
Actually, they did find that, and that was the 50,000 coin haul I was talking about. The coins were selling at many times spot value because of...
If only the dollars you are measuring in weren't increasing in number by 15% per year, the chart would be honest.
Delusions.... Utterly ridiculous that anyone would even think anyone would believe such a tall tale. Those ships were not capable of...
HELLO!!! Maybe you don't get my point. PROVE IT!!! Don't give me bullshit about "contact the british government". You chose to be the...
Ok, lets assume you are a nitwit and not a basher. What was the name of the ship and how many thousands of tons of gold was it carrying?...
Its total HORSESHIT Always is...
That's absolutely COMICAL!! What was that ship that was found a couple years ago? I've seen the coins on ebay, and for 1 oz coins they were...
Then I suggest you hold your breath and wait for it to happen. You don't get it, do you? They are printing paper and digital money with...
Is your 50% including VAT taxes and sales taxes or just income tax? Many of us here pay 40% income tax, plus 15% social security and medicare...
Do you feel utterly idiotic yet? Ancient gold... Like that matters... Who is going to melt King Tut's golden mask? Ancient gold, much of...
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