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The_Hammer

The_Hammer
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I am projecting that the US govt is near insolvent and that we will be facing a new Bretton Woods currency agreement bringing gold back into the monetary system in combination with a sudden fiat currency devaluation (across the board-most currencies) against gold over a long weekend or an outright sovereign debt panic by 2015-2016. The least expected outcome double digit inflation is very likey in the future. The Fed PRO-POVERTY policies are going to crush the poor, fixed pensioners and lower middle class since disposable income growth is limited. Beware middle class and retirees your purchasing power will drop dramatically when everyday necessities absorb a larger % of your income.

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  • Description: Occasional Investor. Trading frequency: Infrequent
  • Interests: ETFs, Stocks - long, Stocks - short
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$WM sold some near the all time highs. about a 15 year holding about 22 hours ago