LFB...In the Long term.. Schiff will be correct.. you talk of the dollar, gold and commodities as if they are guaranteed to stay at the prices which bolster your arguments..The fundamentals are completely off regardless of what the current face values are....The greed that you talk of is inherent in man... but oh how dangerous it is when greed and the power to create money is horded by central banks... History tells us the current system is impossible to sustain. The artificial stimulation by the fed that has staved off a sudden economic crash in exchange for a slow seemingly painless decline (aka the Dow one year ago) is currently running on fumes.. The Fed is running out of chess moves and silver bullets to prevent the inevitable.
.. One of the best recent quotes Schiff has said is this..
"In the early part of our history..we were able to manufacture our way into becoming the greatest nation of wealth and now we have borrowed and spent our way into becoming the greatest debtor nation"
This is so true and yet people like you do not understand its implications. The central Bank has stolen americas true wealth as was predicted by our founding fathers. The only thing we have now is a never ending cycle of booms and busts created by the money masters.. He who owns the gold.. makes all the rules like it or not.. And I have a feeling we arent going to like the new rules.
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History tells us the current system is impossible to sustain. The artificial stimulation by the fed that has staved off a sudden economic crash in exchange for a slow seemingly painless decline (aka the Dow one year ago) is currently running on fumes.. The Fed is running out of chess moves and silver bullets to prevent the inevitable.
.. One of the best recent quotes Schiff has said is this..
"In the early part of our history..we were able to manufacture our way into becoming the greatest nation of wealth and now we have borrowed and spent our way into becoming the greatest debtor nation"
This is so true and yet people like you do not understand its implications. The central Bank has stolen americas true wealth as was predicted by our founding fathers. The only thing we have now is a never ending cycle of booms and busts created by the money masters.. He who owns the gold.. makes all the rules like it or not.. And I have a feeling we arent going to like the new rules.