Americans Will Flock Into $5,000 Gold and $500 Silver

Discussion in 'Economy' started by bigrebnc1775, Jan 31, 2012.

  1. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    Just in case someone may watch this video I'll post it.

    [ame=http://www.youtube.com/watch?v=Qi8fV8n_UBM&feature=g-vrec&context=G2f81119RVAAAAAAAAAg]Americans Will Flock Into $5,000 Gold and $500 Silver - YouTube[/ame]
     
  2. DSGE
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    DSGE VIP Member

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    I stopped at 2:25 because it became intolerable. My kingdom for someone who understands inflation!
     
  3. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    I agree.

    I guess you'll hate this video

     
    Last edited by a moderator: Aug 19, 2014
  4. uscitizen
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    uscitizen Senior Member

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    Ahh nice. I bought at under $600.
     
  5. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    I bought more guns and ammo, with a stash of food water and medical supplies.
     
  6. DSGE
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    DSGE VIP Member

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    Eghhh. I had to laugh when I got up to the bit on bond yields skyrocketing.
     
  7. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    Sure got it. I guess you agree with obama economical polices.
     
    Last edited: Jan 31, 2012
  8. DSGE
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    DSGE VIP Member

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    Not especially.
     
  9. bigrebnc1775
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    bigrebnc1775 Diamond Member

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    Not especially? Might as well be. or is it that he hasn't done enough to wreck the economy?
     
  10. DSGE
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    DSGE VIP Member

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    Well I side with the market monetarists. All this shit is a Federal Reserve blunder. They let NGDP fall far below trend. Fiscal stimulus is a waste of time and resources (especially if it'll be offset by Fed tightening). The best thing Obama could do is give the Fed an NGDP level target and hold them accountable for deviating from it.
     

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