Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Ahda who wrote (194622)	1/21/2016 11:52:58 AM
From: Elroy Jetson	Read Replies (1) \| Respond to of 206184

Oil and metals, all commodities with plunging prices, are Russia's major exports. By prohibiting most foreign imports Russia has prevented an even greater than 2/3 decline in the value of their currency. Putin has also virtually eliminated the value of Social Security and healthcare coverage for Russia's elderly, leaving many elderly starving to death and quadrupling the suicide rate among the elderly. Other commodity dependent economies like Canada should carefully consider Russia's results before making big moves. Likewise Americans should consider the high suicide and starvation rate among the elderly in Russia before supporting Republican candidates like Bush, Rubio, Christie and Cruz who are demanding a Putin-style end to Medicare, and in Ted Cruz's case an end to Social Security payments as well. Many think it sounds chic to dump Labor Force non-Participants like Bearcat Bob and his wife off their government Entitlement Programs, but it will have real consequences as they get older, as we're seeing in Russia.