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So if precious metals were actually in a "bubble" as the lower intelligence class likes to toss out now and then, they would be the only asset class in the entire history of markets in which hardly anyone actually participated. As an asset class precious metals comprise less than 1% of total global holdings. Some m...more
Define "overpriced" are you merely basing that on a number? Precious metals comprise less than 1% of the total global asset holdings, so if you think it's a "bubble" it would have been the only one in entire recorded history in which no one actually participated.
True Prometheus, with a caveat. Really long term you are correct. As with any time period though, there will be periods where it just won't work, and in a mutli thousands of years time frame that can be decades or 100 years. No one knows, and you could be unlucky enough to live in one of the time frames where it doe...more
So..... what don't you guys get that the debt will NEVER be paid back or "fixed." ???
Simply do the numbers, if you are able. Really, it's not that hard.
Do any of you guys even know the diff. between "the deficit" and the total outstanding debt? When you act like you don't you sound very dumb, as many do.
If you run on pavement and concrete, then yeah, you will be torn up. Unreal how many you see always running on the hardest surfaces they can. Long distance runners in South America who run only on grass and soft trail surfaces prove that the joints hold up much better, it's not rocket science.
The calculations for the CPI were changed drastically in 1999. If you use 1998 calculations, it's a whole lot more than 2%. Anyone who lives in the real world knows better. Anyone who buys food, clothes,repairs, food, vehicles, annual double digit increases for medical expenses, soaring tuitions, on and on... just...more
Gold quadrupled under Bush, actually, it doesn't matter which politician or party is doing what. The course is set, we cannot pay down our debt. Ever. Stop chasing your tails with the political rhetoric, it's a smokescreen for the dumbed down. "Both sides" share equal blame as does the complacent populace meaning m...more
2/9/2013
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