yes, whoa, for the guy to call Feb 27th 2007 Message 23208585 as a top back before 1999 is ... whoa !
gold will be fine
my intention is to accumulate more today
looking within the event horizon, at the happening singularity, i guess the officialdoms, FED, BOJ, BOE, PBOC, ECB, etc will all react, predictably, because they are fearful, for revolutions are generally ugly and usually painful
the interventions ought to first lead to a zimbabwe solution, where the real economy drops dead, debt level increases serve only to push on a rope, and value of useful assets stagnates, and only (in the case of zimbabwe resource) platinum rises in genuine purchasing power
then ... after a bit, the argentine outcome, comprised of panic, confiscation, dissolution, evaporation, and revolution, finally monetary reset after most of society is finely destroyed, and the central bank replenishes hard currency reserves
now, globally speaking, the Yen is for spending and not savings, the yuan is for investing and not for spending, the euro is backed by no officialdom, and the dollar is a fraud
so, the global hard currency ... pop quiz ... is ... not real estate :0) |