fireball

Is the U.S. Dollar Headed for a Mighty Crash? Part II

politcians are liers and governments lie. i find all numbers given to be suspect. the chinese leadership has and will understate the rate they acquire real assets in exchange for debt laden u.s. debt dollars. the other players in the card game will do the same. for awhile the process will be gradual. at some point the capitulation will commence. when one bolts for an exit the poker game becomes musical chairs.
i read both articles. they were useful and informative. i in no way wish to be taken as critical of the author. i just find the official numbers suspect. guess i'm gettin skeptical these days.

Risky Opportunity Awaits in Junior Gold Sector

thanx. helpful. bought nova at .46. happy with it right now. see what today brings.

UBS Analyst Raises Gold Stocks' Price Targets on Higher Gold Price Forecasts

when i was a younger man gold was much cheaper as was silver. every one said buy stock so i kept buying physical gold and silver. i got most of my gold between 260 and 300 per ounce and most of my silver between 4 and 6. everyone said it is illiquid. i just kept socking it away in a safety deposit box which i had to have anyway for deeds and such. i kept answering it is insurance not an investment. i see nothing wrong with gold or silver stocks or mining stocks but if things come unraveled they will be about as useful as the other pieces of paper we use for exchange. i hope i never need my insurance. it would be a bleak situation to cause me to use it? so is it crazy to want a stable metal backed currency. my faith in government was gone decades ago and i sense that the productive u.s. citizens are coming to this more every day. a sound currency is one of the few legitamate functions of the federalis.