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

To: Amelia Carhartt who wrote (73189)4/15/2011 12:16:14 PM
From: Canuck Dave  Read Replies (1) | Respond to of 217749
 
Predictions are like a certain part of the anatomy, everyone's got one.

I like simple math to guide me. Let's say the US deficit this year is 1.5 trillion, and they do indeed have 32,000 tons of gold in Fort Knox. This year's currency debasement works out to...

$1500 per ounce of gold.

Or at a gold:sliver ratio of 40, about $40 silver equivalent.

This year.

CD



To: Amelia Carhartt who wrote (73189)4/15/2011 12:25:36 PM
From: alpine_climber  Respond to of 217749
 
May we thank the man upstairs that so few of us have the resources to blow USD 1m in smoke....esp in current times, when everything is so so uncertain, and so so risky.....yet another indicator of someone trying to be smart and 'squeeze' himself (or dare I suggest, herself) ahead of all these 'sheeple'....

Let's all have a gr8 weekend, we've earned it.


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