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

To: TobagoJack who wrote (93770)8/21/2012 10:46:11 AM
From: stsimon1 Recommendation  Read Replies (2) | Respond to of 217588
 
What you point out makes perfect sense. The issue cannot resolved through tax increases alone. There will likely be significant budget reductions regardless of who is elected in November. The war machine and entitlements will both require substantial cuts. Where we differ is that I believe it is possible, though not guaranteed, that the country will find the will to do so at the 11th hour.

Inflation will also play a role, either at the 2% Fed goal or at something more substantial. Obviously the latter favors your gold position.

Thanks,

Stsimon



To: TobagoJack who wrote (93770)8/21/2012 5:09:08 PM
From: carranza2  Read Replies (1) | Respond to of 217588
 
One of your best, Jay.


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