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To: Cogito Ergo Sum who wrote (115807)6/21/2013 12:03:02 AM
From: The Barracudaâ„¢1 Recommendation

Recommended By
Proud Deplorable

  Read Replies (1) | Respond to of 233807
 
I don't think any society has any grand conscious design. Only individuals act and they act according to their premises.



A premise (mine) is that you can't have your cake and eat it too. Debt is the attempt to circumvent that law.

There will be a collapse because of excess debt.

Debt is a derivative of currency and currency is a derivative of gold. When the debt/currency/gold daisy chain evaporates, gold will be the last man standing. Gold and gold shares will soar.

I'm long gold and gold shares and am still buying.