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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Archie Meeties who wrote (60735)2/5/2010 3:56:23 PM
From: TobagoJack  Read Replies (1) | Respond to of 217815
 
<<I'm open to the possibility that because of the massive creation of debt of late, all currencies may become weak vs. some commodity. Still trying to sort through that possibility. My thought has been that the best performing commodities in such a scenario would be those with utility. IE, tungsten, copper.>>

central issue is debt for all

critical problem is absolute and relative (to gdp) size of debt for many

major concern is that debt can only be (i) qe-ed / monetized / printed away, (ii) paid down, (iii) reneged on

sum of fears is that should debt collapse, and part of debt always do, all assets would as well, except some varieties of cash

useful metals are not cash, that is perhaps why they are useful

if seashells and paper are cash, then perhaps gold is better or best cash