Archman Investor

Own Gold? Time to Fold

My favorite statement:

"Things take time to occur"

The US was already the worlds biggest debtor nation "prior" to this entire fiasco that has taken place all over the world. The entire world is racing to debase their currencies. However... once the dust settles, the US will be in the hole for trillions upon trillions of dollars, where the rest of the world will not even come to close to that amount.

Rather than bring up theories on hyperinflation, I will just state the following: In history, every single time you debase a currency it has lead to inflation. Every time.

Inflation, will be back. Just because no one can "see" it at the moment, does not mean it is not right around the corner. Unless the entire world stays in a global recession from now until eternity, expect to see inflation making a comeback soon.