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To: ml/nj
Gold is in a secular bull market and will be until we get another Fed chariman who respects its role as the common stock certificate of the United States of America, instead of treating it as debt to be devalued through debasement.

Money As Debt


BUMP

21 posted on 11/06/2007 8:52:00 AM PST by capitalist229
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To: capitalist229
"Gold is in a secular bull market and will be until we get another Fed chariman who respects its role as the common stock certificate of the United States of America, instead of treating it as debt to be devalued through debasement."

But that will not happen until the baby-boomers die. The net present value of the unfunded entitlement liability exceeds the net worth of the country. There's only one way out of this......print more money. That will drive the dollar into the cellar. This gold bull is just beginning.

183 posted on 11/07/2007 7:28:27 PM PST by DivaDelMar
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