SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: loantech3/15/2006 11:09:14 PM
   of 78426
 
This has to effect gold to a greater degree soon.

<The inevitable increase will be the fourth such hike in five years, for a total rise in the national credit limit of more than $3 trillion. During his time in office, President Bush has presided over a 46 percent increase in the federal debt, from about $5.6 trillion. By contrast, during President Bill Clinton's two terms, the debt grew from less than $4 trillion to $5.6 trillion, a 28 percent increase -- and during the last few years of his presidency, Mr. Clinton actually began to pay down the country's "real" debt, that is, debt held by the public, as opposed to the IOUs in Social Security and other government accounts.>>
jsmineset.com
I thought the dems were bad because they support social service programs. LOL. What a joke the current looters are.

We will need a quadruple in gold prices from here to get stocks to a level that we can make enough dough to keep up with the inflation this deficit spending is going to cause.

Gang that can't shoot straight in so many ways. Makes one wonder how you can "bear" it. <g>.

Okay here is the real question. Why don't government deficits, trade balance deficits, and account deficits matter anymore? As many have said we are not even close to 1980 gold at $850 with the way the dollar has been devalued. What is going on?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext