greentrader

What Is Going On With Gold?

In essence what we have is an economy that is over-leveraged. We cannot earn enough to pay back real dollars of value so the alternative would be to print enough money so debt or borrowed value is wiped out with deflated future dollars having very little value. The denomination is the same but not the buying power.
Perhaps we will me more careful in the future to lend to individuals who can pay money back.(mortgage holders) We also should learn creating war is another way of over-leveraging an economy.

Fasten your belt this is going to be a rough ride. Anthony J.