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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 385.99+1.6%Nov 12 4:00 PM EST

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To: Maurice Winn who wrote (68899)12/1/2010 12:53:19 PM
From: Cogito Ergo Sum  Read Replies (1) of 217739
 
Mq,

Seriously how would suggest one protects themselves from the surging debt levels in the west ? How do you think that they shall be resolved..

Not a gold bug... I've beaten it since 2000... but now I wonder... essentially in layman terms the governments of the west continue to refinance their debt and adding to it... so that it rises steadily as a % of GDP (or any other measure of wealth :O) Were I to do that... as a % of income... it would be financial suicide..

TBS
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