While this is true I also wonder if any of those economists can plot a path out of the impasses we face. You notice that all the nations in deep...
what would you suggest? And why?
You should be careful what you wish for. A 100% gold or silver backed currency has massive hazards in an economy as tightly strung to the margins...
According to the Ben Bernanke there was no actual cost, just a profit of $125 billion. I mean even discount window money costs the big banks...
You said that the alleged $5.3 trillion in funny money was being spent to buy toxic assets:
I agree again, so shoot me!
I agree. In fact I heartily agree. But all the same throwing money into an economy on fire was not going to be the solution this time.
Sorry but that isn't what is happening at all. A small amount of money was spent from TARP and TALF to purchase toxic assets, and the Federal...
Can't stop this Loving feeling, can't stop this loving feeling.
they already have, but you keep dismissing the evidence. Gold is certainly no better a hedge against inflation and currency debasement than...
DA60, I care about you enough to keep you from getting fleeced. :mrgreen: The deal is that all evidence does point to gold and silver prices as...
iow for irrational reasons. Meanwhile all evidence points to a giant bubble in Gold and silver prices.
DA60, do you know why gold and silver spiked in 1980? Do you understand the chain of events that caused that to occur, what preceded and followed...
Yeah this is all typical of bubbles. 4.2 years ago every realtor in the nation would tell you that as fast as RE prices were rising folks were...
Commodities, they are easy to understand and predict and generic, copper is copper whereas every copper mining stock is very different. Plus you...
extremely well since Sept of 2007. Volatility = opportunity.
Agreed. I didn't say it WAS a safe haven, only that that is how it is treated. The other safe havens are US dollars and US debt (bonds), also...
This is a classic bubble.
None of which addresses or changes the fact that the US will have to accept considerably lower wages in order to assist the developing nations in...
probably because it was the eggheads who caused the mortgage securities crisis, invented nuclear weapons, genetically modify our food, wrote our...
Did you listen to Bernanke's response to Paul's claim? Bernanke said that most of that money was lent to banks and repaid already in fact at a...
idiocy. Since the founding of the Fed the dollar has lost 97% of it's value while gold has increased in value 7500%. THAT Is an inverse...
Gold is considered a safe haven when stocks, currencies and other investments are at risk of losing price. Gold has an inverse relationship to the...
I would be cautious if I were you. You could be misreading the information you have received. What if banks were buying gold for some other...
I like your phrase "metal mysticism". Historically gold and silver, copper (the precious metal Roman coins were made of) and jewels have been...
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