Posted on 11/16/2014 7:23:09 PM PST by dontreadthis
Yes, looks like a rough exponential decay back to $5 or maybe $10. But I have to believe there are going to be other exogenous events that will break the technical trends. Some of those events are downside, some are upside. I don’t see a lot of potential for downside events like tight money right now.
Thanks for that. Good perspective.
“The US has tremendous strengths and, with the right leadership and policies, a bright future as well”.
That is the key.
Good point.
Doubters should consider the consequences of the election of Ronald Reagan in 1980 as a compelling example of how the right leader and policies can change history. In less than a decade, the US went from Carter as president, faltering and humiliated by Iran, to triumphant under Reagan, with a revived economy and military, a national sense of confidence, and on the cusp of victory in the Cold War.
Absolutely!!
Good and rational comments throughout this thread. If I wanted to sell off my gold at a profit this is the thread I would post on FR.
The power of the Congress to assume debt is hereby restricted: the congress shall assume no debt that shall cause the total obligations of the United States to exceed one hundred ten percent of the amount last reported by the Secretary of the Treasury.The "amount last reported" is assumed to be valid/correct. When we trust the government to be honest, we generally deceive ourselves.
I know — one working copy had punishments for misreporting, but I couldn't figure out a way to make it entirely just. (It is, after all, a working draft and subject to revision.)
I'm quite open to suggestions.
Someone apparently not familiar with banking.
Deposits have always been liabilities to the bank, loans are assets.
subjecting account holders to declines that one might experience from holding a stock or other security when the next financial banking crisis occurs.
Apparently equally unfamiliar with deposit insurance and how it works.
You shouldn’t listen to idiots.
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